Financials
- Fiscal year
- 2025
- Total assets
- €9.0m
- Loss
- -€371,120
- Solvency
- -1.2%
Total assets▲ 22.5%
Net result
20182025
MARACANA
ActiveSummary
MARACANA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€108,718) and a net result of -€371,120. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 9986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
What they do
Real estate agency activities
NACE 68310NACE 68311NACE 70311
1 site
How big
€9.0mtotal assets 2025
- Equity
- -€108,718
- Loss
- -€371,120
Turnover not published (abridged schema)
Who decides
Accounts 1 d early0 of 6 deeds read
Why 53Capped at 59: negative equity- Liquidity: current ratio 1.64, cash €23,829- Negative equity -€108,718- 1 of the last 3 late+ Size: total assets €9.0mShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
24-5
equity -1.2% of total assets
Liquidity
29+17
short-term debt 44.2% · cash 0.3%
Profitability
15+1
return on assets -4.1%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.64, cash €23,829 raises the probability
- Size: total assets €9.0m lowers the probability for this profile
- Negative equity -€108,718 raises the probability
- 1 of the last 3 late raises the probability
No credit on open account
Liquidity ample (current ratio 1.64 against 0.9 in 2024; short-term debt: 44.2% and cash: 0.3% of total assets), but equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 13%, liquidity 22%, profitability 7%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€108,718
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 29-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
30 d early
2023
34 d late
2022
3 d early
2021
33 d early
2020
19 d early
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
- General meeting · Director reappointmentPermanent representative · Board meeting
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- 29-07-2026Annual accounts filed
- 07-07-2026General meeting · Director reappointment
- 01-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Real estate agency activitiesNACE 68310
- Founded
- 31-07-1990
- Year ends
- 30-12
- Peppol
- Reachable for e-invoices
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