MARALEX SB
ActiveThe computed 12-month bankruptcy probability of MARALEX SB is 1.9% (moderate). The 2025 annual accounts show equity of €25k and a net result of €3k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 57% of 1904 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-19
Solvency78▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.78 in 2024; short-term debt: 46.5% and cash: 11.8% of total assets), and 46.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
53.5%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
11 d late
2023
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 14.6%
2024 · €22k
2023: €13k
2024: €22k
2023 → 2025
Total assets
€48k▲ 11.9%
2024 · €43k
2023: €24k
2024: €43k
2023 → 2025
Net result
€3k▼ 64.8%
2024 · €9k
2023: €13k
2024: €9k
2023 → 2025
Working capital
€20k▲ 25.2%
2024 · €16k
2023: €10k
2024: €16k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€22k▲ 70.5%€25k▲ 14.6%
Operating result€16k-€14k▼ 14.7%€9k▼ 32.5%
Net result€13k-€9k▼ 28.9%€3k▼ 64.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€6k▼ 12.1%
Current assets
€42k▲ 16.0%
Equity and liabilities €48k
Equity
€25k▲ 14.6%
Debt
€22k▲ 8.9%
The debt ratio falls from 47.8% to 46.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2024 · €15k
Cash flow
€4k▼
2024 · €10k
Solvency
53.5%▲
2024 · 52.2%
Current ratio
1.90▲
2024 · 1.78
Quick ratio
0.70▼
2024 · 1.78
Debt / equity
0.87▼
2024 · 0.92
ROE
12.7%▼
2024 · 41.4%
ROA
6.8%▼
2024 · 21.6%
Interest coverage
16.61▼
2024 · 21.46
Debt
€22k▲
2024 · €20k
Debt ≤ 1 year
€22k▲
2024 · €20k
Income taxes
€6k▲
2024 · €4k
Staff costs
€43k
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€43k€48k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€4k€4k=
Current assets29/58€36k€42k▲
Stocks and contracts in progress3-€27k
Contracts in progress37-€27k
Amounts receivable within one year40/41€29k€10k▼
Trade receivables40€29k€10k▼
Other amounts receivable41€7€8▲
Cash at bank and in hand54/58€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€43k€48k▲
Equity10/15€22k€25k▲
Contributions10/11€100€100=
Reserves13€9k€12k▲
Distributable reserves133€9k€12k▲
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€20k€22k▲
Amounts payable within one year42/48€20k€22k▲
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€8k€19k▲
Taxes450/3€7k€12k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48-€500
Income statement
Code20242025
Remuneration, social security and pensions62-€43k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€765€765=
Other operating charges640/8€2k€7k▲
Gross operating margin9900€17k€60k▲
Operating profit (loss)9901€14k€9k▼
Financial income75/76B€0€122▲
Recurring financial income75€0€122▲
Financial charges65/66B€684€612▼
Recurring financial charges65€684€612▼
Profit (loss) for the period before taxes9903€13k€9k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€16k▼
Profit (loss) brought forward from the previous period14P€13k€13k=
Transfer to equity691/2€9k€3k▼
To other reserves6921€9k€3k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼64.8%
Net result drops to €3k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Gent · 1 establishment unit since 2022
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.
Wiedauwkaai 799000 GentGround area
4,621 m²
Building footprint
117 m²
Volume, LiDAR
426 m³
Parcel 44807G0406/00C002, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MARALEX SB
since 20222.332.419.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0406/00C002 | Flanders | 4,621 m² | 1 · 117 m² | 5.2 m · 1 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.
Similar companies · same sector, comparable size
H. Fonteyn
BE 0465.365.913
Scherpenheuvel-Zichem · Eq €25k
ACTIF TRANSFERT
BE 0693.818.531
Court-Saint-Etienne · Eq €25k
RVH Metals
BE 0846.985.786
Pelt · Eq €26k
RODRIGUS
BE 0692.727.379
Sint-Niklaas · Eq €26k
SCHLÜSSELDIENST HOMBURG
BE 0784.857.385
Eupen · Eq €24k
Of 908 companies in sector 25120 we hold annual accounts for 677. 288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2022
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.