Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Marcel from Gent, company number BE0686741489, closed financial year 2025 with a result of € 13,672 after tax. For that financial year Marcel recorded a gross margin of € 414,163 and equity of € 43,248. Compared with financial year 2024, the result moved from € -335 to € 13,672. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 43,248
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,672
▲ still € 335 loss in 2024
Profit after tax over the fiscal year.
€ 34,282
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 24,648.
People and assets in 2025
€ 335,854
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 245,965
▼ 2% vs 2024
Of which on lease € 239,711.
Debts at end 2025
€ 352,433
▼ 11% vs 2024
€ 50,228 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 20,601
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,216
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,390 | € 254,878 | € 442,359 | € 414,163 | ▼ 6% |
| Profit after taxes | € -5,126 | € -21,975 | € -335 | € 13,672 | ▲ € 14,007 |
| Equity | € 51,886 | € 29,912 | € 29,576 | € 43,248 | ▲ 46% |
| Total debts | € 452,634 | € 551,973 | € 497,688 | € 453,668 | ▼ 9% |
| Cash | € 82,787 | € 103,530 | € 87,868 | € 34,282 | ▼ 61% |
| Land & buildings | € 40,067 | € 32,313 | € 36,610 | € 28,925 | ▼ 21% |
| Retained profit | € 33,286 | € 11,312 | € 10,976 | € 24,648 | ▲ 125% |
| Bank debt | € 424,954 | € 438,872 | € 395,314 | € 352,433 | ▼ 11% |
| Balance sheet total | € 504,520 | € 581,884 | € 527,264 | € 496,916 | ▼ 6% |
Key figures of Marcel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Marcel?
What happened at Marcel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,672. Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,126 loss in 2022 to € 13,672 profit in 2025.
Paid € 510 in corporate taxes since 2022.
Best year ever: 2025, with € 13,672 profit.
Management
Behind Marcel is Evi De Cock.
Directors
According to the 2025 annual accounts
Evi De Cock
Director
Establishments
Establishment units
Physical locations of this company
Papegaaistraat 55
9000 Gent
Brabantdam 50
9000 Gent
Active since 1 October 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.741.489
- VAT number
- BE 0686.741.489
- Registered office
- Papegaaistraat 55, 9000 Gent
- Names & denominations
- Marcel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2017
- Peppol
- Active · Active since 21 May 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Catering van evenementen
Eetgelegenheden met beperkte bediening