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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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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
Marchal Vastgoed from Oud-Heverlee, company number BE0776572694, closed financial year 2025 with a result of € -26,974 after tax. For that financial year Marchal Vastgoed recorded a gross margin of € 12,245 and equity of € 218,436. Compared with financial year 2024, the result moved from € -71,162 to € -26,974. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 218,436
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,974
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 16,015
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -141,564.
Debts at end 2025
€ 703,747
▲ 74% vs 2024
€ 28,322 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 9,603
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -22,913 | € -1,458 | € 12,245 | ▲ € 13,702 |
| Profit after taxes | € -43,429 | € -71,162 | € -26,974 | ▲ € 44,188 |
| Equity | € 316,571 | € 245,409 | € 218,436 | ▼ 11% |
| Total debts | € 356,890 | € 695,765 | € 1,141,400 | ▲ 64% |
| Cash | € 78,626 | € 23,966 | € 16,015 | ▼ 33% |
| Land & buildings | € 440,000 | € 723,463 | € 830,273 | ▲ 15% |
| Retained profit | € -43,429 | € -114,591 | € -141,564 | ▼ € 26,974 |
| Bank debt | € 305,247 | € 403,692 | € 703,747 | ▲ 74% |
| Balance sheet total | € 673,461 | € 941,174 | € 1,359,836 | ▲ 44% |
Key figures of Marchal Vastgoed, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Marchal Vastgoed?
What happened at Marchal Vastgoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,974. Source: NBB ↗
- New establishment in Oud-Heverlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,429 loss in 2023 to € 26,974 loss in 2025.
Management
Behind Marchal Vastgoed are Martijn Marchal, Michiel Marchal, Dirk Marchal and Nadia Spreutels. Dirk Marchal is also behind MARCHAL.
Directors
According to the 2025 annual accounts
Martijn Marchal
Director
Michiel Marchal
Director
Nadia Spreutels
Director
Establishments
Establishment units
Physical locations of this company
Keiberg 11 box B
3053 Oud-Heverlee
Keiberg 11
3053 Oud-Heverlee
Active since 27 October 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.572.694
- VAT number
- BE 0776.572.694
- Registered office
- Keiberg 11 bus B, 3053 Oud-Heverlee
- Names & denominations
- Marchal Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2021
- Peppol
- Not registered
- Contact
- [email protected] +32476450468
- Activities · NACE
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