EL MARINO
ActiveSummary
EL MARINO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,688 and a net result of -€1,269. Equity has been shrinking by about 21% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 49% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-04-1993 Normal situation
- Activity
- Other building finishing work NACE 43350
- Establishment unit
- 2.062.197.927 9308 Aalst, since 14-08-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €6,540
- Turnover
- ≈ €65,000
- estimated
- Loss
- €1,269
- ▼ 88.8%
- Equity
- €11,688
- ▼ 9.8%
- Total assets
- €25,688
- ▼ 4.5%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €1,269, the second in a row (financial year 2025)lowers riskFounded in 1993Liquidity: current ratio 0.37, cash €4,733Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 49% of them on solvency, 36% on liquidity, 30% on profitability and 24% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: PIQUEUR Kristien (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as EL MARINO: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €16,400 and €46,100, founded between 1991 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| EL MARINO Aalst | €25,688 | €6,540 |
| Frédéric COUVREUR et Jean-Pierre VAN ROBAEYS Wavre | €27,216 | €8,046 |
| L en P PARKET Antwerpen | €29,037 | €4,799 |
| ARTETOSCANA Brussel | €22,289 | €4,534 |
| MARGINVEST Ganshoren | €35,587 | €9,384 |
| CANTILLON - M.C. Lincent | €16,401 | €7,956 |
| QUIQUE-GODIN-JAMART Liège | €46,063 | €9,289 |
Key facts about EL MARINO
- What is the company number of EL MARINO?
- The company number of EL MARINO is 0449.949.346. The VAT number is the same number with BE in front: BE 0449.949.346.
- Where is EL MARINO based?
- The registered office is at Neerhoflaan 26B, 9308 Aalst.Company details
- What does EL MARINO do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of EL MARINO?
- The legal form of EL MARINO is Public limited company (NV).
- When was EL MARINO founded?
- EL MARINO was founded on 26-04-1993.
- Is EL MARINO still active?
- Yes, EL MARINO is an active enterprise in the KBO register.
- How many employees does EL MARINO have?
- EL MARINO had an average of 0.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of EL MARINO?
- The turnover in financial year 2025 is ≈ €65,000. This figure is estimated from the gross margin of €6,540 and 38 comparable companies (NACE 43350). It probably lies between €38,000 and €130,000. It is a rough estimate.
- Is EL MARINO profitable?
- In financial year 2025, EL MARINO made a loss of €1,269.
- Where can I find the annual accounts of EL MARINO?
- EL MARINO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EL MARINO due?
- EL MARINO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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