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MAARTEN GIELIS SERVICES

Active
Private limited companyfounded 2012active for 14 yearsGrens 126, 2370 Arendonk, BelgiumKBO/BCE: BE 0849.146.116
Summary

The computed 12-month bankruptcy probability of MAARTEN GIELIS SERVICES is 1.7% (moderate). The 2025 annual accounts show negative equity (-€3,122) and a net result of -€24,390. Equity has been growing by about 3.3% per year since 2018. Its solvency ranks better than 14% of 1,139 sector peers (NACE 77, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-09-2012 Normal situation
Activity
Renting and leasing of other machinery, equipment and tangible goods NACE 77399and 4 others
Establishment unit
2.213.395.290 2370 Arendonk, since 28-09-2012
Financial year end
31 December
Peppol
Reachable since 21-05-2025

Board and ownership

Board
  • MGM&V BVDirector · since 25-08-2021

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€24,031
▲ 53.2%
Turnover
≈ €70,000
estimated
Loss
€24,390
▼ 32.2%
Equity
-€3,122
Total assets
€139,259
▼ 22.8%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 60 days after the deadline
Score breakdownraises riskName on a sanctions listLoss of €24,390, the second in a row (financial year 2025)Last filed accounts filed 60 days late; 1 of the last 3 accounts lateNegative equity -€3,122lowers riskSize: total assets €139,259Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 16% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Weak
Solvency 23-14
equity -2.2% of total assets
Liquidity 6-8
short-term debt 99.7% · cash 4.6%
Profitability 50+29
return on assets -17.5%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.6 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.7 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.63 (0.69 in 2024), below 1. Short-term debt is 99.7% and cash 4.6% of total assets. Equity is negative.
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 77, micro). It does better than 19% of them on solvency, 9% on liquidity, 33% on profitability and 5% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €139,259
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €24,390, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 60 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€3,122
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3,122
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
35 days early
2023
2 days early
2022
on the day
2021
18 days late
2020
24 days late
2019
31 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 14 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 31 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Name match with a sanctions list

1 entry
SHAHID MEISAMI GROUPalias S.M.G.
OFAC SDN list (United States) · programme IFSR · IFSR / NPWMD · exact name match (100%)

A matching name does not mean the company is on the list. Check the entry at the source.

Key points

  • Risk: Name on a sanctions listcheck in the source whether it is this company Match View
  • Risk: Negative equitydebts exceed assets in financial year 2025 -€3,122 View
  • Caution: Lower solvency than 85% of companies in rental and leasingsector median 36.0% · 1,139 companies -2.2% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€24,390 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as MAARTEN GIELIS SERVICES: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €97,400 and €229,000, founded between 2009 and 2013.

CompanyTotal assetsGross margin
MAARTEN GIELIS SERVICES Arendonk€139,259€24,031
GROUP VAN DOOREN Oud-Turnhout€217,378€28,060
FRAC Warehousing Turnhout€97,443€32,086
SUNRENTING Beveren-Kruibeke-Zwijndrecht€146,734€34,644
STATION XAVIER Tournai€196,557€31,748
V'SPA Spa€125,628€46,253
TRUSS-CONCEPT Dessel€228,772€15,161
Full comparison

Key facts about MAARTEN GIELIS SERVICES

What is the company number of MAARTEN GIELIS SERVICES?
The company number of MAARTEN GIELIS SERVICES is 0849.146.116. The VAT number is the same number with BE in front: BE 0849.146.116.
Where is MAARTEN GIELIS SERVICES based?
The registered office is at Grens 126, 2370 Arendonk.Company details
What does MAARTEN GIELIS SERVICES do?
According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of MAARTEN GIELIS SERVICES?
The legal form of MAARTEN GIELIS SERVICES is Private limited company (BV).
When was MAARTEN GIELIS SERVICES founded?
MAARTEN GIELIS SERVICES was founded on 28-09-2012.
Is MAARTEN GIELIS SERVICES still active?
Yes, MAARTEN GIELIS SERVICES is an active enterprise in the KBO register.
What is the turnover of MAARTEN GIELIS SERVICES?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €24,031 and 48 comparable companies (NACE 77). It probably lies between €51,000 and €140,000. It is a rough estimate.Financials
Is MAARTEN GIELIS SERVICES profitable?
In financial year 2025, MAARTEN GIELIS SERVICES made a loss of €24,390.
Where can I find the annual accounts of MAARTEN GIELIS SERVICES?
MAARTEN GIELIS SERVICES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAARTEN GIELIS SERVICES due?
MAARTEN GIELIS SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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