MA.RO.
The computed 12-month bankruptcy probability of MA.RO. is 1.5% (moderate). The 2024 annual accounts show negative equity (€-86k) and a net result of €-29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 5597 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-86k |
| Net result | €-29k |
| Staff (FTE) | 7.4 |
| Better than sector | 19% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -30.8% | 19.3% | |
| Net result | €-29k | €4k | |
| Equity | €-86k | €14k | |
| Gross operating margin | €366k | €52k | |
| Staff costs | €357k | €50k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7k |
| Net profit | €-29k |
| Cash flow | €5k |
| Staff costs | €357k |
| Income taxes | - |
| Dividends | - |
| Total assets | €278k |
| Equity | €-86k |
| Debt | €364k |
| of which ≤ 1y | €360k |
| of which > 1y | - |
| Working capital | €-254k |
| Employees (FTE) | 7.4 |
| 2024 | |
|---|---|
| Current ratio | 0.29 |
| Quick ratio | 0.16 |
| Working capital ratio | -91.3% |
| Solvency | -30.8% |
| Debt / equity | -4.24 |
| Long-term debt ratio | - |
| Interest coverage | 3.44 |
| Gross margin | - |
| Net margin | - |
| ROA | -10.3% |
| ROE | 33.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €278k |
| Fixed assets | 21/28 | €172k |
| Tangible fixed assets | 22/27 | €172k |
| Current assets | 29/58 | €106k |
| Stocks & contracts in progress | 3 | €48k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €33k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €278k |
| Equity | 10/15 | €-86k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €7k |
| Accumulated profits (losses) | 14 | €-155k |
| Amounts payable | 17/49 | €364k |
| Amounts payable within one year | 42/48 | €360k |
| Trade debts payable within one year | 44 | €348k |
| Income statement | ||
| Gross operating margin | 9900 | €366k |
| Operating result | 9901 | €-27k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-29k |
| Net result for the period | 9904 | €-29k |
| Result to be appropriated | 9905 | €-29k |
| NACE primary | Food & beverage service(56112) |
| Legal form | Public limited company(014) |
| Incorporation | 12-02-1993 |
| Status | Active |
| Postal code | 1570 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0544/00E000 | Flanders | 1,503 m² | 1 · 693 m² | 19.7 m · 3 fl. |
| 23087C0478/00S000 | Flanders | 1,244 m² | 1 · 111 m² | 10.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-12-2023 Marie-Christine Roosens appointed as director
- Marie-Christine Roosens, Bestuurder
Technical details
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}19-06-2023 BOOGAERTS Frans Roger appointed as enige bestuurder
- BOOGAERTS Frans Roger, Enige bestuurder
Technical details
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}23-06-2022 O'Investments resigns as director
- O'Investments, Bestuurder
Technical details
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}10-03-2021 Ronie Boogaerts appointed as director
- Ronie Boogaerts, Bestuurder
Technical details
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}04-09-2019 1 director appointed, 1 resigning
- Herremans Olaf, Bestuurder
- Herremans Olaf, Bestuurder
Technical details
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}27-12-2018 Registered office moved from Pepingen to Galmaarden
- Geilinkstraat 9 te 1670 Pepingen → Plaatsstraat 60A te 1570 Galmaarden
Technical details
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"seat_type": "siege_social",
"new_address": {
"raw": "Plaatsstraat 60A te 1570 Galmaarden",
"city": "Galmaarden",
"region": "vlaams_gewest",
"street": "Plaatsstraat",
"country": "BE",
"postcode": "1570",
"box_number": null,
"street_number": "60A",
"locality_suffix": null
},
"old_address": {
"raw": "Geilinkstraat 9 te 1670 Pepingen",
"city": "Pepingen",
"region": "vlaams_gewest",
"street": "Geilinkstraat",
"country": "BE",
"postcode": "1670",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"effective_date": "2018-11-07",
"evidence_quote": "De bijzondere algemene vergadering beslist met eenparigheid van stemmen: De verplaatsing van de maatschappelijke zetel naar Plaatsstraat 60A te 1570 Galmaarden en dit vanaf heden.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
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],
"notary": {
"name": "Boogaerts Frans",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2018-12-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2018-11-07",
"unanimous": true
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "Ma.Ro. NV",
"legal_form": "NV"
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"publication_proxy": {
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"org_rep_person_name": null,
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},
"co_filed_documents": [
"Proces-verbaal van de bijzondere algemene vergadering",
"Wijziging maatschappelijke zetel"
]
}05-09-2016 3 directors appointed
- Boogaerts Frans, Gedelegeerd bestuurder
- Roosens Marie-Christine, Bestuurder
- Herremans Olaf, Bestuurder
Technical details
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}25-10-2010 3 directors appointed
- mevrouw ROOSENS Marie-Christine, Bestuurder
- de heer Frans BOOGAERTS, Bestuurder
- de heer Frans BOOGAERTS, Gedelegeerd bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MA.RO. |