ACTIVE

MARCOM WORLD

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Financial year 2025 · closed on 31/12/2025
Net result
-13,5 k €
-120.5% YoY
Gross margin
189,7 k €
-35.7% YoY
Equity
127,1 k €
-9.6% YoY
Workforce
2,2 ETP
+10.0% YoY

What does MARCOM WORLD do?

MARCOM WORLD is a Private limited company incorporated in 2013. Its main activity is: Printing of newspapers. Its registered office is in Watermael-Boitsfort. It employs on average 2,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.678.249
Incorporation
22/01/2013
Legal form
Private limited company
Registered office
Boulevard du Souverain 25 box 5
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
2,2 ETP
Activities (NACE)
18110Printing of newspapers· main18110Printing of newspapers58130Publishing of newspapers58140Publishing of journals and periodicals18120Other printing18120Other printing+8
Signals
Low riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin189,7 k €294,9 k €275,3 k €257,5 k €368,4 k €241,4 k €172,3 k €234,9 k €301,5 k €328,4 k €343 k €140,8 k €132,6 k €
EBITDA-48 k €132,7 k €112,7 k €44,8 k €228,9 k €123 k €12,1 k €53,3 k €80,7 k €87,3 k €99,1 k €-77,6 k €-70,7 k €
Operating result-56,5 k €117 k €98,3 k €18 k €191,5 k €90,6 k €-19,2 k €33,2 k €63,3 k €68,1 k €60,2 k €-112,6 k €-102,7 k €
Net result-13,5 k €65,7 k €70,2 k €-7,5 k €129,4 k €34,1 k €-34,5 k €29,2 k €61 k €66,2 k €59,4 k €-116,3 k €-106,4 k €
Balance sheet
Equity127,1 k €140,5 k €74,8 k €64,6 k €72,1 k €12,8 k €88,6 k €123,1 k €93,9 k €32,9 k €-33,3 k €-92,6 k €23,6 k €
Total assets517,2 k €471,4 k €513,1 k €361,5 k €521,7 k €341,7 k €432,4 k €391,5 k €371,2 k €376,1 k €272,5 k €301,5 k €401,1 k €
Cash247 k €291,2 k €343,2 k €207,3 k €340,4 k €87,3 k €124,2 k €69,9 k €70,4 k €125,2 k €60,8 k €32,3 k €107,3 k €
Debts148,9 k €106,3 k €178,8 k €73 k €228,9 k €135,6 k €161,7 k €117,8 k €118 k €210,8 k €208,3 k €301,1 k €245,6 k €
Other
Workforce2,2 ETP2,0 ETP2,2 ETP2,0 ETP2,0 ETP2,0 ETP2,8 ETP2,9 ETP4,6 ETP5,2 ETP5,2 ETP4,3 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

SHIZUKU

Director · since 15 janvier 2025 · 1018.643.718

Represented by Jean-Vianney PHILIPPE

Active
Azerion Belgium

Director · until 15 janvier 2025 · 0471.451.177

Represented by Vincent DELMOTTE

Active
Fréderic BOUCHAR

Director · until 15 janvier 2025

Active
Serge DE SCHRYVER

Director · until 15 janvier 2025

Active

Ended mandates

Vincent DELMOTTE

Director · since 09 mai 2022

Ended
Frédéric Bouchar

Director

Ended
Olivier BIALEK

Director · until 09 mai 2022

Ended
Olivier BIALEK

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202623/04/202531/07/202412/06/202320/06/202211/05/2021
General meeting29/05/202616/04/202524/04/202414/04/202308/04/202209/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202610/06/2026FrenchPDF
Abridged model31/12/202416/04/202523/04/2025FrenchPDF
Abridged model31/12/202324/04/202431/07/2024FrenchPDF
Abridged model31/12/202214/04/202312/06/2023FrenchPDF
Abridged model31/12/202108/04/202220/06/2022FrenchPDF
Abridged model31/12/202009/04/202111/05/2021FrenchPDF
Abridged model31/12/201910/04/202027/08/2020FrenchPDF
Abridged model31/12/201812/04/201907/08/2019FrenchPDF
Abridged model31/12/201713/04/201831/07/2018FrenchPDF
Abridged model31/12/201614/04/201723/05/2017FrenchPDF
Abridged model31/12/201508/04/201618/05/2016FrenchPDF
Abridged model31/12/201424/04/201519/08/2015FrenchPDF
Abridged model31/12/201311/04/201428/07/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

SHIZUKU

Director · since 15 janvier 2025 · 1018.643.718

Represented by Jean-Vianney PHILIPPE

Active
Azerion Belgium

Director · until 15 janvier 2025 · 0471.451.177

Represented by Vincent DELMOTTE

Active
Fréderic BOUCHAR

Director · until 15 janvier 2025

Active
Serge DE SCHRYVER

Director · until 15 janvier 2025

Active

Ended mandates

Vincent DELMOTTE

Director · since 09 mai 2022

Ended
Frédéric Bouchar

Director

Ended
Olivier BIALEK

Director · until 09 mai 2022

Ended
Olivier BIALEK

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/05/2025
    Transfert de siège social
    PDF
  • Mandates28/03/2025
    Nomination - démission
    PDF
  • Registered office09/06/2023
    SIEGE SOCIAL
    PDF
  • Mandates22/03/2023
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares06/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS
    PDF
  • Mandates07/06/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/12/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates31/08/2020
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-13,5 k €↓
  2. 2024
    Annual accounts 202465,7 k €↓
  3. 2023
    Annual accounts 202370,2 k €↑
  4. 2022
    Annual accounts 2022-7,5 k €↓
  5. 2021
    Annual accounts 2021129,4 k €↑
  6. 2020
    Annual accounts 202034,1 k €↑
  7. 2019
    Annual accounts 2019-34,5 k €↓
  8. 2018
    Annual accounts 201829,2 k €↓
  9. 2017
    Annual accounts 201761 k €↓
  10. 2016
    Annual accounts 201666,2 k €↑
  11. 2015
    Annual accounts 201559,4 k €↑
  12. 2014
    Annual accounts 2014-116,3 k €↓
  13. 2013
    Annual accounts 2013-106,4 k €
  14. 22/01/2013
    IncorporationPrivate limited company