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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARGRé from Poperinge, company number BE0865125479, closed financial year 2025 with a result of € 22,111 after tax. For that financial year MARGRé recorded revenue of € 254 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 98,515 to € 22,111. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 3.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,111
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 107,233
▲ 12% 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 € 3.3 million.
People and assets in 2025
€ 51,967
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 195,950
▼ 11% vs 2024
€ 24,040 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 28,531
▲ € 27,160 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 728
▼ 81% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 254 | |
| Profit after taxes | € 294,659 | € 366,055 | € 98,515 | € 22,111 | ▼ 78% |
| Equity | € 3,162,621 | € 3,528,676 | € 3,627,190 | € 3,649,302 | ▲ 1% |
| Total debts | € 2,220,876 | € 2,078,196 | € 2,537,550 | € 2,854,518 | ▲ 12% |
| Cash | € 181,927 | € 81,871 | € 96,038 | € 107,233 | ▲ 12% |
| Land & buildings | € 2,837,633 | € 3,776,473 | € 3,975,831 | € 4,053,798 | ▲ 2% |
| Retained profit | € 2,852,727 | € 3,218,782 | € 3,317,297 | € 3,339,408 | ▲ 1% |
| Bank debt | € 358,410 | € 375,058 | € 221,363 | € 195,950 | ▼ 11% |
| Balance sheet total | € 5,383,496 | € 5,606,872 | € 6,164,740 | € 6,503,819 | ▲ 6% |
Key figures of MARGRé, 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 October 2026.
What happened to MARGRé?
What happened at MARGRé in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,111 (▼ 78% vs 2024). Source: NBB ↗
- Marc Vandecasserie became a director. NBB
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 294,659 profit in 2022 to € 22,111 profit in 2025.
Paid € 289,786 in corporate taxes since 2022.
Best year ever: 2023, with € 366,055 profit.
Pays suppliers within 85 days on average.
Management
Behind MARGRé is Marc Vandecasserie. The shares are held by Marc Vandecasserie (100%) and Greet Clarysse (0%). It owns 100% of European Fuel Service and 1% of Callicanne itself.
Directors
According to the 2025 annual accounts
Marc Vandecasserie
Chairman of the board
since 2022
Shareholders
Marc Vandecasserie
100%
Greet Clarysse
0%
Participations
1%
Establishments
Establishment units
Physical locations of this company
Callicannesweg 21
8978 Poperinge
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
- 0865.125.479
- VAT number
- BE 0865.125.479
- Registered office
- Callicannesweg 21, 8978 Poperinge
- Names & denominations
- MARGRé
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2004
- Peppol
- Active · Active since 7 Nov 2025
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