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MARASSIMO

Active
Private limited companyfounded 199531 yrs activeZeventien aprilstraat 25, 1140 Evere, BelgiumKBO/BCE: BE 0454.625.043
Summary

The computed 12-month bankruptcy probability of MARASSIMO is 2.1% (moderate). The 2024 annual accounts show equity of €11,645 and a net result of -€585. Equity is shrinking by ~4.5% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability36▼-31
Solvency38▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
short-term debt: 78.4% of total assets, and 86.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
13.3%
Return on assets
-0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d late
2023
24 d late
2022
89 d late
2021
60 d late
2019
89 d late
2018
35 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MARASSIMO was incorporated on 17 February 1995.1 Total assets fell from EUR 111,388 in 2018 to EUR 87,438 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€7,800
EBIT margin
-129.4%
Net result
-€585▲ 52.1%
2023 · -€1,222
Working capital
-€73,712▲ 5.1%
2021 · -€77,677
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192021202220232024
Turnover€7,800
Operating result-€10,096▼ 318%-€1,459--€424▲ 70.9%-€2,177▼ 413%-€585▲ 73.1%
Net result-€8,795▼ 687%-€502-€344-€1,222-€585▲ 52.1%
EBIT margin-129.4%
Equity€12,732▼ 40.9%€13,106-€13,450▲ 2.6%€12,228▼ 9.1%€11,645▼ 4.8%
Total assets€105,796▼ 5.0%€97,822-€94,103▼ 3.8%€87,438▼ 7.1%€87,438=
Debt€82,560▲ 5.8%€78,907-€75,800▼ 3.9%€71,314▼ 5.9%€71,897▲ 0.8%
Working capital-€82,509▼ 7.2%-€77,677--€73,712▲ 5.1%
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2019: -€10,096-€10,096Net result 2019: -€8,795-€8,795Operating result 2021: -€1,459-€1,459Net result 2021: -€502-€502Operating result 2022: -€424-€424Net result 2022: €344€344Operating result 2023: -€2,177-€2,177Net result 2023: -€1,222-€1,222Operating result 2024: -€585-€585Net result 2024: -€585-€58520192021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€424-€424Net result 2022: €344€344Operating result 2023: -€2,177-€2,180Net result 2023: -€1,222-€1,220Operating result 2024: -€585-€585Net result 2024: -€585-€585202220232024
The operating result stays negative: a loss of €585 in 2024 against €2,177 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €87,438
Equity €11,645 ▼ 4.8%
Provisions €3,896 =
Debt €71,897 ▲ 0.8%
Debt's share of the balance-sheet total rises from 81.6% to 82.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
6.17▲
2023 · 5.83
ROE
-5.0%▲
2023 · -10.0%
ROA
-0.7%▲
2023 · -1.4%
Debt ≤ 1 year
€68,551▼
2023 · €71,314
Debt > 1 year
€3,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€87,438€87,438=
Fixed assets21/28€87,438€87,438=
Tangible fixed assets22/27€87,438€87,438=
Land and buildings22€87,438€87,438=
Equity and liabilities
Total equity and liabilities10/49€87,438€87,438=
Equity10/15€12,228€11,645▼
Contributions10/11€18,592€18,592=
Capital10€18,592-
Issued capital100€18,592-
Reserves13€11,712€11,712=
Non-distributable reserves130/1€24€24=
Legal reserve130€24-
Reserves not available under the articles1311-€24
Tax-exempt reserves132€11,688€11,688=
Profit (loss) carried forward14-€18,076-€18,659▼
Provisions and deferred taxes16€3,896€3,896=
Deferred taxes168€3,896€3,896=
Amounts payable17/49€71,314€71,897▲
Amounts payable after more than one year17-€3,346
Other amounts payable178/9-€3,346
Amounts payable within one year42/48€71,314€68,551▼
Trade debts44€3,347-
Bills of exchange payable441€3,347-
Other amounts payable47/48€67,967€68,551▲
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61-€585
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,577-
Other operating charges640/8-€585
Gross operating margin9900€2,400€0▼
Operating profit (loss)9901-€2,177-€585▲
Financial charges65/66B€2-
Recurring financial charges65€2-
Profit (loss) for the period before taxes9903-€2,179-€585▲
Transfer from deferred taxes780€957-
Profit (loss) for the period9904-€1,222-€585▲
Transfer from tax-exempt reserves789€2,870-
Profit (loss) for the period to be appropriated9905€1,648-€585▼
Appropriation of the result
Profit (loss) to be appropriated9906-€18,076-€18,659▼
Profit (loss) brought forward from the previous period14P-€19,724-€18,074▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192021202220232024Change
Turnover70€7,800-----
Goods, raw materials, services and sundry goods60/61----€585-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,577€4,577€4,577€4,577--
Other operating charges640/8-€348€348-€585-
Gross operating margin9900€2,307€3,466€4,501€2,400€0▼ 100%
Operating profit (loss)9901-€10,096-€1,459-€424-€2,177-€585▲ 73.1%
Financial charges65/66B--€189€2--
Recurring financial charges65--€189€2--
Profit (loss) for the period before taxes9903-€10,096-€1,459-€613-€2,179-€585▲ 73.2%
Transfer from deferred taxes780-€957€957€957--
Profit (loss) for the period9904-€8,795-€502€344-€1,222-€585▲ 52.1%
Transfer from tax-exempt reserves789-€2,870€2,870€2,870--
Profit (loss) for the period to be appropriated9905-€6,258€2,368€3,214€1,648-€585▼ 135%
Line20192021202220232024Change
Assets
Total assets20/58€105,796€97,822€94,103€87,438€87,438=
Fixed assets21/28€105,745€96,592€92,015€87,438€87,438=
Tangible fixed assets22/27€105,745€96,592€92,015€87,438€87,438=
Land and buildings22-€96,592€92,015€87,438€87,438=
Current assets29/58€51€1,230€2,088---
Cash at bank and in hand54/58€51€1,230€2,088---
Equity and liabilities
Total equity and liabilities10/49€105,796€97,822€94,103€87,438€87,438=
Equity10/15€12,732€13,106€13,450€12,228€11,645▼ 4.8%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10-€18,592€18,592€18,592--
Issued capital100-€18,592€18,592€18,592--
Reserves13€20,412€17,452€14,582€11,712€11,712=
Non-distributable reserves130/1-€24€24€24€24=
Legal reserve130-€24€24€24--
Reserves not available under the articles1311----€24-
Tax-exempt reserves132-€17,428€14,558€11,688€11,688=
Profit (loss) carried forward14-€26,272-€22,938-€19,724-€18,076-€18,659▼ 3.2%
Provisions and deferred taxes16€10,504€5,809€4,853€3,896€3,896=
Deferred taxes168-€5,809€4,853€3,896€3,896=
Amounts payable17/49€82,560€78,907€75,800€71,314€71,897▲ 0.8%
Amounts payable after more than one year17----€3,346-
Other amounts payable178/9----€3,346-
Amounts payable within one year42/48€82,560€78,907€75,800€71,314€68,551▼ 3.9%
Trade debts44€3,347€4,692€5,586€3,347--
Suppliers440/4-€1,345€2,239---
Bills of exchange payable441-€3,347€3,347€3,347--
Other amounts payable47/48-€74,215€70,214€67,967€68,551▲ 0.9%
Line20192021202220232024Change
Profit (loss) for the period9904-€8,795-€502€344-€1,222-€585▲ 52.1%
+ Depreciation and write-downs630€4,577€4,577€4,577€4,577--
Operating cash flow (approximation)-€4,218€4,075€4,921€3,355-€585▼ 117%
Investment in fixed assets (approximation)--€0€0€0-
Change in cash--€858---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 59 days late
2024
24-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 24 days late
2023
28-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 89 days late
2022
31-12
Financial Back to profitnet €344
Net result €344 after 3 loss-making years.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial Weakest financial yearnet -€8,795
Net result drops to -€8,795, the lowest in the series; recovery starts the following year.
04-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 35 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
17-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 48 days late
2012
30-09
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 61 days late
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Evere · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
440 m²
Building footprint
260 m²
Volume, LiDAR
2,934 m³
2 parcels, Brussels · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
H. Consciencelaan 129, 1140 Evere
Insurance, reinsurance and pension funding, except compulsory social security
since 19952.071.628.901
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21372C0116/00V007 Brussels 235 m² 1 · 72 m² 12.1 m · 3 fl.
21372D0202/00F005 Brussels 205 m² 1 · 188 m² 16.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded17-02-1995
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.