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 5650 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.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | €49k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| 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) | - |
Full annual accounts (21 line items)
| 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 |
-
BOOGAERTS Frans RogerEnige bestuurderState Gazette act 23357875 (19-06-2023)Current19-06-2023 → present
-
Ronie BoogaertsDirectorState Gazette act 21031932 (10-03-2021)Current10-03-2021 → present
-
Marie-Christine RoosensDirectorState Gazette act 23155762 (06-12-2023)Current05-09-2016 → present
2 events
- 06-12-2023 Appointed· Director
- 05-09-2016 Appointed· Director
Historic, not recently confirmed (4)
-
Herremans OlafDirectorState Gazette act 19118443 (04-09-2019)Not recently confirmedlast confirmed in an act from 2019
3 events
- 04-09-2019 Resigned· Director
- 04-09-2019 Appointed· Director
- 05-09-2016 Appointed· Director
-
Boogaerts FransManaging directorState Gazette act 16123270 (05-09-2016)Not recently confirmedlast confirmed in an act from 2016
-
de heer Frans BOOGAERTSDirectorState Gazette act 10156379 (25-10-2010)Not recently confirmedlast confirmed in an act from 2010
2 events
- 25-10-2010 Appointed· Director
- 25-10-2010 Appointed· Managing director
-
mevrouw ROOSENS Marie-ChristineDirectorState Gazette act 10156379 (25-10-2010)Not recently confirmedlast confirmed in an act from 2010
Former directors (1)
-
O'InvestmentsDirectorState Gazette act 22074468 (23-06-2022)Former- → 23-06-2022
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(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.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-12-2023 Marie-Christine Roosens appointed as director
- Marie-Christine Roosens, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Marie-Christine Roosens",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}19-06-2023 BOOGAERTS Frans Roger appointed as enige bestuurder
- BOOGAERTS Frans Roger, Enige bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "enige bestuurder",
"person": {
"rrn": null,
"name": "BOOGAERTS Frans Roger",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}23-06-2022 O'Investments resigns as director
- O'Investments, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "O\u0027Investments",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}10-03-2021 Ronie Boogaerts appointed as director
- Ronie Boogaerts, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ronie Boogaerts",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}04-09-2019 1 director appointed, 1 resigning
- Herremans Olaf, Bestuurder
- Herremans Olaf, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Herremans Olaf",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Herremans Olaf",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}27-12-2018 Registered office moved from Pepingen to Galmaarden
- Geilinkstraat 9 te 1670 Pepingen → Plaatsstraat 60A te 1570 Galmaarden
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"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
}
],
"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"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"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
{
"events": [
{
"kind": "director_in",
"role": "Gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "Boogaerts Frans",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Bestuurder",
"person": {
"rrn": null,
"name": "Roosens Marie-Christine",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Bestuurder",
"person": {
"rrn": null,
"name": "Herremans Olaf",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "Ma.Ro."
}
}25-10-2010 3 directors appointed
- mevrouw ROOSENS Marie-Christine, Bestuurder
- de heer Frans BOOGAERTS, Bestuurder
- de heer Frans BOOGAERTS, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "mevrouw ROOSENS Marie-Christine",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "de heer Frans BOOGAERTS",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "de heer Frans BOOGAERTS",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0449.441.382",
"name_full": "MA.RO"
}
}| Legal nameNL | MA.RO. |