ACTIVE

FULLMARK

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Financial year 2025 · Closed on 31/12/2025

Net result219,1 k €-65,7 %over 1 year

Gross margin1,2 M €-33,9 %over 1 year

Equity985,7 k €-30,4 %over 1 year

Workforce5,8 ETP-9,4 %over 1 year

Identity

Source · BCE/KBO

FULLMARK is a Public limited company incorporated in 1987. Its main activity is: Advertising agencies. Its registered office is in Nivelles. It employs on average 5,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0431.207.758
Incorporation: 13/05/1987
Legal form: Public limited company
Registered office: Avenue Thomas Edison 121
1402 Nivelles · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 5,8 ETP

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74401Other professional, scientific and technical activities 74909Other professional, scientific and technical activities n.e.c.74999Other professional, scientific and technical activities n.e.c.

Joint committees (3)

200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,2 M €	-33.9%	1,8 M €	-7.7%	1,9 M €	+24.1%	1,6 M €	+48.0%	1,1 M €
EBITDA	211,6 k €	-73.4%	796 k €	-15.6%	943,6 k €	+0.3%	940,4 k €	+74.8%	538 k €
Operating result	220,6 k €	-71.4%	770,2 k €	-17.2%	930,5 k €	+5.5%	882,2 k €	+81.4%	486,4 k €
Net result	219,1 k €	-65.7%	638,7 k €	-40.7%	1,1 M €	+44.9%	743,1 k €	+113%	348,9 k €
Balance sheet
Equity	985,7 k €	-30.4%	1,4 M €	0.0%	1,4 M €	-3.8%	1,5 M €	+35.2%	1,1 M €
Total assets	2,5 M €	-23.2%	3,3 M €	-12.8%	3,8 M €	+25.2%	3 M €	+37.2%	2,2 M €
Cash	128,1 k €	-73.3%	480,3 k €	+5.0%	457,2 k €	-10.6%	511,3 k €	-1.8%	520,7 k €
Debts	1,5 M €	-16.5%	1,8 M €	-23.7%	2,3 M €	+51.6%	1,5 M €	+39.3%	1,1 M €
Other
Workforce	5,8 ETP	-9.4%	6,4 ETP	-14.7%	7,5 ETP	+33.9%	5,6 ETP	+12.0%	5,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Matixis0893.902.510Represented by Patrick SCHRECK	Directorsince 29/07/2024Managing director10/05/2022 → 2023 accountsended
Samurai@Work NV0421.435.997Represented by Pieter De Mil	Managing directorsince 29/07/2024Director01/01/2023 → 2023 accountsended
The Safety Culture Company0784.961.315Represented by Pieter DE MIL	Directorsince 10/05/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SIAS0824.720.526Represented by De MIL PIETER	Director10/05/2022 → 2023 accounts
NATHALIE SCHRECK-CUVELIE ETINA SPRL	Directorlisted until the 2007 accounts
OLIVIER SCHRECK-CUVELIER TRIXIS SPRL	Managing directorlisted until the 2007 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	02/06/2025	13/06/2024	27/03/2023	14/06/2022	30/06/2021
General meeting	26/05/2026	13/05/2025	28/05/2024	15/03/2023	31/05/2022	25/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	29/05/2026	Dutch	PDF
Abridged model	31/12/2024	13/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	15/03/2023	27/03/2023	French	PDF
Abridged model	31/12/2021	31/05/2022	14/06/2022	French	PDF
Abridged model	31/12/2020	25/05/2021	30/06/2021	French	PDF
Abridged model	31/12/2019	26/05/2020	16/07/2020	French	PDF
Abridged model	31/12/2018	28/05/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	29/05/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	30/05/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	18/08/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	07/07/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	29/05/2007	22/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Matixis0893.902.510Represented by Patrick SCHRECK	Directorsince 29/07/2024Managing director10/05/2022 → 2023 accountsended
Samurai@Work NV0421.435.997Represented by Pieter De Mil	Managing directorsince 29/07/2024Director01/01/2023 → 2023 accountsended
The Safety Culture Company0784.961.315Represented by Pieter DE MIL	Directorsince 10/05/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SIAS0824.720.526Represented by De MIL PIETER	Director10/05/2022 → 2023 accounts
NATHALIE SCHRECK-CUVELIE ETINA SPRL	Directorlisted until the 2007 accounts
OLIVIER SCHRECK-CUVELIER TRIXIS SPRL	Managing directorlisted until the 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates27/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates11/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates04/06/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office15/09/2011
TRANSFERT DU SIEGE SOCIAL
PDF
Mandates28/03/2008
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Samurai@Work NV

The Safety Culture Company

Matixis

SIAS

OLIVIER SCHRECK-CUVELIER TRIXIS SPRL

PATRICK SCHRECK-CUVELIER MATIXIS SPRL

NATHALIE SCHRECK-CUVELIE ETINA SPRL

Nathalie SCHRECK-CUVELIER

Patrick SCHRECK-CUVELIER

Olivier SCHRECK-CUVELIER

Trixis

Etina

1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FULLMARK

Avenue Thomas Edison 121, 1402 ThinesRue Thomas Edison 121, 1400 Nivelles

Managing director

Director

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Thomas Edison 121, 1402 ThinesCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00125834
Rue Thomas Edison 121, 1400 Nivelles	accounts 2021 → 2022	Accounts 2022 · 2023-00045478

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FULLMARKCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00125834

Events

2025
Annual accounts 2025219,1 k €↓
2024
Annual accounts 2024638,7 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022743,1 k €↑
2021
Annual accounts 2021348,9 k €↑
2020
Annual accounts 2020116,6 k €↓
2019
Annual accounts 2019314 k €↑
2018
Annual accounts 2018230,8 k €↑
2017
Annual accounts 2017190,4 k €↑
2016
Annual accounts 201623,7 k €↓
2015
Annual accounts 201577,7 k €↓
2014
Annual accounts 201493,6 k €↑
2013
Annual accounts 201374,4 k €↑
2012
Annual accounts 201261,8 k €↓
2011
Annual accounts 201195,2 k €↓
2010
Annual accounts 2010169,3 k €↑
2009
Annual accounts 2009142,8 k €↑
2008
Annual accounts 200884,2 k €↓
2007
Annual accounts 2007153,3 k €↑
2006
Annual accounts 2006135,6 k €
13/05/1987
IncorporationPublic limited company

FULLMARK

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events