Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Markgravelei 95 from Schilde, company number BE0734560709, closed financial year 2025 with a result of € 3,184 after tax. For that financial year Markgravelei 95 recorded a gross margin of € 55,796 and equity of € -43,037. Compared with financial year 2024, the result moved from € 5,175 to € 3,184. The company is profitable. 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 August 24, 2026.
€ -43,037
▲ € 3,184 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,184
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 41,206
▼ 41% 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 € -53,037.
Debts at end 2025
€ 2.3 million
▲ € 1.9 million vs 2024
€ 58,751 is repaid this year. At this pace the long-term loan is gone in ≈ 39 years.
€ 56,484
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,950
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,657 | € -15,040 | € 63,696 | € 55,796 | ▼ 12% |
| Profit after taxes | € -16,848 | € -31,276 | € 5,175 | € 3,184 | ▼ 38% |
| Equity | € -20,120 | € -51,396 | € -46,221 | € -43,037 | ▲ € 3,184 |
| Total debts | € 789,274 | € 841,751 | € 1,606,872 | € 2,376,383 | ▲ 48% |
| Cash | € 82,062 | € 18,919 | € 69,460 | € 41,206 | ▼ 41% |
| Retained profit | € -30,120 | € -61,396 | € -56,221 | € -53,037 | ▲ € 3,184 |
| Bank debt | € 345,749 | € 309,426 | € 385,455 | € 2,315,949 | ▲ € 1.9 million |
| Balance sheet total | € 769,153 | € 790,355 | € 1,560,651 | € 2,333,346 | ▲ 50% |
Key figures of Markgravelei 95, 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 Markgravelei 95?
What happened at Markgravelei 95 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,184 (▼ 38% vs 2024). filed late Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
- M.Verhulst Management BV BV became a director. NBB
In short
From € 16,848 loss in 2022 to € 3,184 profit in 2025.
Best year ever: 2024, with € 5,175 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Markgravelei 95Behind Markgravelei 95 is M.Verhulst Management BV BV. The shares are held by ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST (75%).
Directors
According to the 2025 annual accounts
Director · represented by Maxime Verhulst
Also active at: STUYTS, ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST, VLAVER - INVEST, PROLAND, INTEGERA, BRIX PROJECTS
since 2019
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moerstraat 53
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0734.560.709
- VAT number
- BE 0734.560.709
- Registered office
- Moerstraat 53, 2970 Schilde
- Names & denominations
- Markgravelei 95
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2019
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handel in eigen onroerend goed
Overige zakelijke dienstverlening, neg