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MARASSIMO

Active
Private limited companyfounded 1995active for 31 yearsZeventien aprilstraat 25, 1140 Evere, BelgiumKBO/BCE: BE 0454.625.043

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.

Annual accounts 2024 filed on 28-09-2025 PDF all 25 filings

Turnover
€7,800
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€585▲ 52.1%
2023 · -€1,222
Working capital
-€73,712▲ 5.1%
2021 · -€77,677
Trend over the years

2019 to 2024, 5 financial years 2018 to 2024, 6 financial years

The operating result for 2024 is a loss of €585, smaller than the loss of €2,177 in 2023.

Operating result-€585 2024 Net result-€585 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192021202220232024
Turnover€7,800
Operating result-€2,418--€10,096▼ 318%-€1,459--€424▲ 70.9%-€2,177▼ 413%-€585▲ 73.1%
Net result-€1,118--€8,795▼ 687%-€502-€344-€1,222-€585▲ 52.1%
Equity€21,527-€12,732▼ 40.9%€13,106-€13,450▲ 2.6%€12,228▼ 9.1%€11,645▼ 4.8%
Total assets€111,388-€105,796▼ 5.0%€97,822-€94,103▼ 3.8%€87,438▼ 7.1%€87,438=
Debt€78,057-€82,560▲ 5.8%€78,907-€75,800▼ 3.9%€71,314▼ 5.9%€71,897▲ 0.8%
Working capital-€76,991--€82,509▼ 7.2%-€77,677--€73,712▲ 5.1%
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.

Companies with the same profile, two years later

Historical observation

In July 2024, 2,450 companies had the same profile as MARASSIMO has now. Two years later, 1.5% had gone bankrupt and 93.3% were still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.5% went bankrupt
5.1% stopped otherwise
93.3% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MARASSIMO itself is higher: 3.6% within 12 months. It rests on far more data about MARASSIMO than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 2,450 companies, not a prediction for MARASSIMO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines

Source: Annual accounts 2024 (PDF), filed on 28-09-2025.

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 have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line201820192021202220232024Change
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€4,577--
Other operating charges640/8--€348€348-€585-
Gross operating margin9900€2,507€2,307€3,466€4,501€2,400€0▼ 100%
Operating profit (loss)9901-€2,418-€10,096-€1,459-€424-€2,177-€585▲ 73.1%
Financial charges65/66B---€189€2--
Recurring financial charges65€1--€189€2--
Profit (loss) for the period before taxes9903-€2,419-€10,096-€1,459-€613-€2,179-€585▲ 73.2%
Transfer from deferred taxes780--€957€957€957--
Profit (loss) for the period9904-€1,118-€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€1,408-€6,258€2,368€3,214€1,648-€585-
Line201820192021202220232024Change
Assets
Total assets20/58€111,388€105,796€97,822€94,103€87,438€87,438=
Fixed assets21/28€110,322€105,745€96,592€92,015€87,438€87,438=
Tangible fixed assets22/27€110,322€105,745€96,592€92,015€87,438€87,438=
Land and buildings22--€96,592€92,015€87,438€87,438=
Current assets29/58€1,066€51€1,230€2,088---
Current investments50/53€1,066------
Cash at bank and in hand54/58-€51€1,230€2,088---
Equity and liabilities
Total equity and liabilities10/49€111,388€105,796€97,822€94,103€87,438€87,438=
Equity10/15€21,527€12,732€13,106€13,450€12,228€11,645▼ 4.8%
Contributions10/11€18,592€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€22,949€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-€20,014-€26,272-€22,938-€19,724-€18,076-€18,659▼ 3.2%
Provisions and deferred taxes16€11,804€10,504€5,809€4,853€3,896€3,896=
Deferred taxes168--€5,809€4,853€3,896€3,896=
Amounts payable17/49€78,057€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€78,057€82,560€78,907€75,800€71,314€68,551▼ 3.9%
Trade debts44€495€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%
Line201820192021202220232024Change
Profit (loss) for the period9904-€1,118-€8,795-€502€344-€1,222-€585▲ 52.1%
+ Depreciation and write-downs630€4,577€4,577€4,577€4,577€4,577--
Operating cash flow (approximation)€3,459-€4,218€4,075€4,921€3,355-€585-
Investment in fixed assets (approximation)-€0-€0€0€0-
Change in cash---€858---

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 full format 28-09-2025 2025-00507617 PDF
31-12-2023 full format 24-08-2024 2024-00365878 PDF
31-12-2022 full format 28-10-2023 2023-00495498 PDF
31-12-2021 full format 29-09-2022 2022-20439866 PDF
31-12-2019 full format 28-10-2020 2020-66300520 PDF
31-12-2018 full format 04-09-2019 2019-63600391 PDF
31-12-2014 full format 31-08-2015 2015-50600209 PDF
31-12-2013 full format 17-09-2014 2014-59300271 PDF
31-12-2011 full format 30-09-2012 2012-60400564 PDF
31-12-2010 full format 31-08-2011 2011-50200350 PDF

Show all 25 filings

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