MARA
ActiveMARA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €52k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 39.02 against 8.54 in 2024; short-term debt: 2.4% and cash: 71.1% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
25.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
40 d early
2022
16 d early
2021
23 d early
2020
on the day
2019
76 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€202k▲ 35.1%
2024 · €149k
2018: €112k
2019: €76k
2020: €95k
2021: €99k
2022: €107k
2023: €133k
2024: €149k
2018 → 2025
Total assets
€207k▲ 23.2%
2024 · €168k
2018: €124k
2019: €129k
2020: €128k
2021: €117k
2022: €119k
2023: €155k
2024: €168k
2018 → 2025
Net result
€52k▲ 0.6%
2024 · €52k
2018: €6k
2019: €7k
2020: €19k
2021: €4k
2022: €8k
2023: €26k
2024: €52k
2018 → 2025
Working capital
€188k▲ 42.2%
2024 · €132k
2018: €87k
2019: €54k
2020: €71k
2021: €75k
2022: €88k
2023: €110k
2024: €132k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€107k▲ 8.0%€133k▲ 24.7%€149k▲ 12.2%€202k▲ 35.1%
Operating result€4k-€8k▲ 113%€38k▲ 385%€76k▲ 98.6%€76k▼ 0.2%
Net result€4k-€8k▲ 110%€26k▲ 233%€52k▲ 98.1%€52k▲ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207k
Fixed assets
€14k▼ 22.6%
Current assets
€192k▲ 28.9%
Equity and liabilities €207k
Equity
€202k▲ 35.1%
Debt
€5k▼ 72.4%
The debt ratio falls from 11.1% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▼
2024 · €81k
Cash flow
€57k▲
2024 · €56k
Solvency
97.5%▲
2024 · 88.9%
Current ratio
39.02▲
2024 · 8.54
Quick ratio
38.44▲
2024 · 8.34
Debt / equity
0.03▼
2024 · 0.13
ROE
26.0%▼
2024 · 34.9%
ROA
25.4%▼
2024 · 31.0%
Interest coverage
110.20▼
2024 · 117.79
Debt
€5k▼
2024 · €19k
Debt ≤ 1 year
€5k▼
2024 · €17k
Income taxes
€25k▼
2024 · €25k
Staff costs
€21k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€168k€207k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€18k€14k▼
Land and buildings22€13k€11k▼
Plant, machinery and equipment23€5k€3k▼
Financial fixed assets28€334€334=
Current assets29/58€149k€192k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€728€1k▲
Trade receivables40€675€595▼
Other amounts receivable41€54€867▲
Current investments50/53€86k€41k▼
Cash at bank and in hand54/58€59k€147k▲
Deferred charges and accrued income490/1-€184
Equity and liabilities
Total equity and liabilities10/49€168k€207k▲
Equity10/15€149k€202k▲
Contributions10/11€19k€19k=
Reserves13€131k€183k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€126k€178k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€19k€5k▼
Amounts payable within one year42/48€17k€5k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€15k€2k▼
Taxes450/3€15k€2k▼
Remuneration and social security454/9€772€0▼
Other amounts payable47/48€450€450=
Accrued charges and deferred income492/3€1k€227▼
Income statement
Code20242025
Remuneration, social security and pensions62€20k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€660€1k▲
Gross operating margin9900€102k€103k▲
Operating profit (loss)9901€76k€76k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€685€730▲
Recurring financial charges65€685€730▲
Profit (loss) for the period before taxes9903€77k€77k▲
Income taxes67/77€25k€25k▼
Profit (loss) for the period9904€52k€52k▲
Profit (loss) for the period to be appropriated9905€52k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€52k▼
Profit (loss) brought forward from the previous period14P€26k€0▼
Transfer from equity791/2€10k€0▼
Transfer to equity691/2€52k€52k▲
To other reserves6921€52k€52k▲
Profit to be distributed694/7€36k€0▼
Directors or managers695€36k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €52k ▲0.6%
Net result €52k, the highest in the series.
30-09
Financial
Liquidity times 5current ratio 39.02
Current ratio from 8.54 to 39.02; short-term debt falls from €17k to €5k.
30-09
Financial
Equity above €200kEq €202k ▲35.1%
8 profitable years in a row build equity to €202k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €107k ▲8%
5 profitable years in a row build equity to €107k.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €4k ▼79.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korenmarkt 372800 MechelenGround area
98 m²
Building footprint
98 m²
Volume, LiDAR
1,099 m³
Parcel 12025D0609/00D000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MARA
since 19882.040.661.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025D0609/00D000 | Flanders | 97 m² | 1 · 98 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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RAYLAS
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ALIMENTUM
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LE RIF
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-10-1988
Fiscal year end30-09
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.