Equity
€542,700 ▲ 9.2%
Marindustrial 24/7 paid out €60,000 in dividends. That is 60% of the 2025 profit.
Marindustrial 24/7
Lifetime
7 annual accounts with figures on one time axispeak €257,186 (2022)
€195,258▼ 12.2%
peak €144,689 (2022)
€99,375▼ 21.7%
peak €542,700 (2025)
€542,700▲ 9.2%
€219,092▼ 28.7%
Board1 name since 2018
-
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €222,504 to €195,258Dividend €60,000Debts from €307,414 to €219,092Cash from €411,085 to €269,936
Key points
from the 2025 annual accountsTurnover
≈ €580,000 estimated
The micro format states no turnover.
Liquidity
4.38 was 2.90 in 2024
Short-term debts fell from €165,438 to €108,330.
Filings
7 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Starting capital
€18,550 100 shares
Position in the sector
€99,375
Higher net result than 95% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
90
Excellent
Financially stronger than 72% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 1.7%▲ +0.2 percentage points vs 08-2025
10-2025: 2.6%▲ +0.9 percentage points vs 09-2025highest value
11-2025: 0.3%▼ -2.3 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.4 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 4.38, cash €269,936
Equity €542,700 (71.2% of total assets)
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 77% of them on solvency, 89% on liquidity, 69% on profitability and 54% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as Marindustrial 24/7 has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of Marindustrial 24/7 itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for Marindustrial 24/7. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.38 (2.9 in 2024), above the usual 1.5. Short-term debt is 14.2% and cash 35.4% of total assets. 28.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
61 days late
2024
61 days late
2023
76 days late
2022
31 days late
2021
17 days late
2020
2 days early
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 46 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- DEWULF Jeroen Peter Ivan 100 sharesdeed of 30-03-2018
Shares in 1 company, DE-MA Invest
Board & ownershipRecent changes
Company renamed from JEROEN DEWULF to MARINDUSTRIAL 24/7
Change of role: Dewulf Jeroen, from manager and director to director · Director discharge: Dewulf Jeroen · General meeting of 04-07-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0692991160
Registered office moved from Ichtegem to Dudzele
New registered office: Watergang 23, 8380 Dudzele · Previous registered office: 's Gravendriesschelaan 52, 8480 Ichtegem (Eernegem) · Gazette deed
First establishment
Watergang 23, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Marindustrial 24/7 Bruges | €761,792 | €195,258 | 71.2% | - |
| DEJONGHE KENNETH Koekelare | €810,043 | €184,890 | 20.8% | - |
| JORNE DESMET Torhout | €694,783 | €212,925 | 27.0% | - |
| VOLTAM Roeselare | €645,702 | €201,844 | 33.3% | - |
| NUANS Menen | €866,810 | €239,860 | 76.4% | - |
| ELECTRON Veurne | €773,185 | €244,632 | 31.4% | - |
| IDW Electrics Asse | €789,047 | €196,985 | 35.0% | - |
These companies have the same main activity as Marindustrial 24/7: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €646,000 and €867,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 28-03-2018Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.274.516.5748380 Bruges, since 01-04-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on Marindustrial 24/7
Marindustrial 24/7 files the micro format. That format states no turnover. The gross margin fell from €195,654 in 2019 to €195,258 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Marindustrial 24/7
- What is the company number of Marindustrial 24/7?
- The company number of Marindustrial 24/7 is 0692.991.160. The VAT number is the same number with BE in front: BE 0692.991.160.
- Where is Marindustrial 24/7 based?
- The registered office is at Watergang 23, 8380 Bruges.Company details
- What does Marindustrial 24/7 do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Marindustrial 24/7?
- Marindustrial 24/7 is a private limited company (BV).
- When was Marindustrial 24/7 founded?
- Marindustrial 24/7 was founded on 28-03-2018.
- Is Marindustrial 24/7 still active?
- Yes, Marindustrial 24/7 is an active enterprise in the KBO register.
- What is the turnover of Marindustrial 24/7?
- The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €195,258 and 38 comparable companies (NACE 43211). It probably lies between €390,000 and €710,000.Financials
- Is Marindustrial 24/7 profitable?
- In financial year 2025, Marindustrial 24/7 made a profit of €99,375.
- Where can I find the annual accounts of Marindustrial 24/7?
- Marindustrial 24/7 filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Marindustrial 24/7 due?
- Marindustrial 24/7 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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