Equity
-€15,771
Debts exceed assets in financial year 2025.
MARANDO
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €434,667 (2021)
-€44,566▲ €22,676
lowest -€144,239 (2023)
-€92,995▲ €37,565
peak €708,990 (2015)
-€15,771▼ €92,995
€946,041▲ 26.3%
peak 0.1 FTE (2006)
-not published
Board6 names since 2014
6 directors and 5 others
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from -€67,243 to -€44,566Loss of €92,995Equity from €77,224 to -€15,771Debts from €748,756 to €946,041Cash from €14,873 to €31,589
Key points
from the 2025 annual accountsLosses
-€471,348 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€946,041 102% of the balance sheet
Financial debts 63%Suppliers 0%Taxes and wages 0%Other 36%
Of this, €377,961 falls due within a year.
Liquidity
1.77 was 2.68 in 2024
Short-term debts rose from €205,625 to €377,961.
Filings
35 annual accounts since 1991
Three of the last ten came late. The 2020 accounts came latest: 26 days after the end of the period.
Position in the sector
-€92,995
Lower net result than 95% of companies in real estate. Sector median €5,862 · 19,810 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,241 companies had the same profile as MARANDO has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,241 companies, not a prediction for MARANDO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 19-11-2023
Director, since 19-11-2023
Director, since 19-11-2023
Director, since 19-11-2023
Director, since 19-11-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441063057
Capital of €645,000, 520 shares
Gazette deed
2 directors resigning, 3 reappointments
Change of role: , from director to managing director · Resignations: and · Reappointments: , and · General meeting of 29-11-2023 · Gazette deed
3 directors reappointed
, (managing director) and · General meeting of 31-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARANDO Antwerp | €0.9m | -€44,566 | -1.7% | - |
| DOWI Bonheiden | €1.0m | -€38,069 | -13.2% | 0 |
| RM Kalmthout | €0.8m | -€64,120 | 55.7% | - |
| VAARTLAND Antwerp | €1.2m | -€57,384 | 11.4% | - |
| WOONWEELDE Leuven | €1.0m | -€17,991 | -46.1% | - |
| VREBOSCH Boutersem | €1.0m | -€22,001 | -1.6% | - |
| BOUWCOORDINATIE CASTELEYN Bruges | €0.9m | -€19,771 | 93.6% | - |
These companies have the same main activity as MARANDO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €782,000 and €1.2m, founded between 1991 and 1993.
Official details
Source: KBO- Status
- Active since 11-06-1990Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.049.366.6092600 Antwerp, since 04-09-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 09-02-2026
Annual accounts 2025
- €930,270▲ 12.6%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on MARANDO
MARANDO files the micro format. That format states no turnover. The gross margin fell from €243,131 in 2006 to -€44,566 in 2025.
In December 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARANDO
- What is the company number of MARANDO?
- The company number of MARANDO is 0441.063.057. The VAT number is the same number with BE in front: BE 0441.063.057.
- Where is MARANDO based?
- The registered office is at Floraliënlaan 4, 2600 Antwerp.Company details
- What does MARANDO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of MARANDO?
- MARANDO is a public limited company (NV).
- When was MARANDO founded?
- MARANDO was founded on 11-06-1990.
- Is MARANDO still active?
- Yes, MARANDO is an active enterprise in the KBO register.
- What is the turnover of MARANDO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MARANDO profitable?
- In financial year 2025, MARANDO made a loss of €92,995.
- Where can I find the annual accounts of MARANDO?
- MARANDO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARANDO due?
- MARANDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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