Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Marlinks from Gent, company number BE0685952128, closed financial year 2025 with a result of € -773,137 after tax. For that financial year Marlinks recorded a gross margin of € 157,285 and equity of € -987,098. Compared with financial year 2024, the result moved from € -313,606 to € -773,137. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -987,098
▼ € 773,137 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -773,137
▼ 147 % more loss than in 2024
Profit after tax over the fiscal year.
€ 547,669
▲ € 428,019 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
People and assets in 2025
7.8
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 734,232
▲ 7% vs 2024
€ 94,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,702
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 87% vs 2024
€ 51,447 is repaid this year. At this pace the long-term loan is gone in ≈ 32 years.
€ 329,463
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,500
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -282,083 | € 273,033 | € 531,553 | € 157,285 | ▼ 70% |
| Profit after taxes | € -817,159 | € -414,409 | € -313,606 | € -773,137 | ▼ € 459,531 |
| Equity | € 14,055 | € 99,645 | € -213,961 | € -987,098 | ▼ € 773,137 |
| Total debts | € 771,578 | € 1,143,374 | € 1,165,909 | € 2,284,266 | ▲ 96% |
| Cash | € 317,530 | € 210,558 | € 119,650 | € 547,669 | ▲ € 428,019 |
| Retained profit | € -1,305,945 | € -1,720,355 | € -2,033,961 | € -2,807,098 | ▼ € 773,137 |
| Bank debt | € 374,199 | € 364,550 | € 883,814 | € 1,651,447 | ▲ 87% |
| Balance sheet total | € 785,633 | € 1,243,019 | € 951,948 | € 1,297,168 | ▲ 36% |
| Employees (FTE) | 5.7 | 6.6 | 6.7 | 7.8 | ▲ 1.1 |
Key figures of Marlinks, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Marlinks?
What happened at Marlinks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xploor BV stepped down as director. NBB
- Lepton BV stepped down as director. NBB
- Korys Management NV stepped down as director. NBB
- Korys Business Services I NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 773,137. Source: NBB ↗
- Xploor BV became a director. NBB
- Lepton BV became a director. NBB
- Korys Management NV became a director. NBB
In short
From € 817,159 loss in 2022 to € 773,137 loss in 2025.
Paid € 3,413 in corporate taxes since 2022.
On average € 20,200 of value added per employee in 2025.
Management
The shares are held by FLUVES (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2028
since 2025 · until 2028
Director · represented by Frederik Bauwens
Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, FLUVES, SOFINDEV IV, URBANTZ, Pantarein Water +19 more
since 2025 · until 2028
Director · represented by Quentin Dupont
Also active at: Colruyt Group, Be-Life, D-DRINKS GROUP, FLUVES, Sitemark, Virya Energy, Healthy Holding, Eoly Energy +4 more
since 2025 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stropkaai 55
9000 Gent
Sint-Maartenstraat 5
3000 Leuven
Active since 14 December 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
marlinks.com
Registered
2017-03-10
Registrar
Gandi SAS
Expires
2027-03-10
Website info
Features
Security
Network
Details
- Company number
- 0685.952.128
- VAT number
- BE 0685.952.128
- Registered office
- Stropkaai 55, 9000 Gent
- Names & denominations
- Marlinks
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2017
- Peppol
- Not registered
- Contact
- marlinks.com
- Activities · NACE
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