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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Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
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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
MARKET EXECUTION from Brussel, company number BE0870739108, closed financial year 2025 with a result of € 19,898 after tax. For that financial year MARKET EXECUTION recorded a gross margin of € 36,747 and equity of € 437,471. Compared with financial year 2024, the result moved from € -7,223 to € 19,898. Profitable, and profit is growing. 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 August 30, 2026.
€ 437,471
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,898
▲ still € 7,223 loss in 2024
Profit after tax over the fiscal year.
€ 379
▼ 56% 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 € 431,271.
Debts at end 2025
€ 9,795
▼ 97% vs 2024
Loans from banks and other lenders, long and short.
€ 6,050
Supplier invoices still open on the last day of the fiscal year.
€ 10,678
▼ 74% 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 | € 22,353 | € 27,255 | € 26,866 | € 36,747 | ▲ 37% |
| Profit after taxes | € 13,767 | € 14,582 | € -7,223 | € 19,898 | ▲ € 27,121 |
| Equity | € 410,215 | € 424,797 | € 417,574 | € 437,471 | ▲ 5% |
| Total debts | € 385,754 | € 370,919 | € 334,247 | € 26,524 | ▼ 92% |
| Cash | € 914 | € 777 | € 861 | € 379 | ▼ 56% |
| Land & buildings | € 126,626 | € 122,605 | € 103,780 | - | |
| Retained profit | € 404,015 | € 418,597 | € 411,374 | € 431,271 | ▲ 5% |
| Bank debt | € 355,893 | € 324,983 | € 293,524 | € 9,795 | ▼ 97% |
| Balance sheet total | € 795,969 | € 795,716 | € 751,821 | € 463,995 | ▼ 38% |
Key figures of MARKET EXECUTION, 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 MARKET EXECUTION?
What happened at MARKET EXECUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,898. filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,767 profit in 2022 to € 19,898 profit in 2025.
Paid € 46,950 in corporate taxes since 2022.
Best year ever: 2025, with € 19,898 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
Behind MARKET EXECUTION are Gillian Kulkarni and Julian Kulkarni.
Directors
According to the 2025 annual accounts
Gillian Kulkarni
Director
Julian Kulkarni
Director
Establishments
Establishment units
Physical locations of this company
Picardstraat 7 box 100
1000 Brussel
Koningsveldstraat 137
1040 Etterbeek
Active since 22 December 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
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€ 66.4 million revenue · 2025
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€ 370,573 revenue · 2025
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€ 187.6 million revenue · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0870.739.108
- VAT number
- BE 0870.739.108
- Registered office
- Picardstraat 7 bus 100, 1000 Brussel
- Names & denominations
- MARKET EXECUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2004
- Peppol
- Not registered