Marbo
ActiveSummary
The computed 12-month bankruptcy probability of Marbo is 1.6% (moderate). The 2024 annual accounts show equity of €45k and a net result of €5k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 57% of 18941 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-11
Solvency62▲+7
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.38 in 2023; short-term debt: 27.3% and cash: 10.4% of total assets), and 63.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
36.8%
Return on assets
4%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €45k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
39 d early
2021
45 d early
2020
31 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 12.2%
2023 · €41k
2018: €41k
2019: €26k
2020: €26k
2021: €23k
2022: €23k
2023: €41k
2018 → 2024
Total assets
€124k▼ 9.1%
2023 · €136k
2018: €90k
2019: €47k
2020: €98k
2021: €96k
2022: €88k
2023: €136k
2018 → 2024
Net result
€5k▼ 71.6%
2023 · €17k
2018: €8k
2019: €-16k
2020: €-8
2021: €-2k
2022: €-246
2023: €17k
2018 → 2024
Working capital
€-21k▲ 2.4%
2023 · €-21k
2018: €22k
2019: €19k
2020: €46k
2021: €-5k
2022: €-13k
2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€26k-€23k▼ 8.5%€23k▼ 1.1%€41k▲ 74.8%€45k▲ 12.2%
Operating result€272-€-968€4k€15k▲ 238%€8k▼ 47.4%
Net result€-8-€-2k▼ 26,652%€-246▲ 88.6%€17k€5k▼ 71.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€111k ▼ 9.7%
Current assets
€13k ▼ 2.9%
Equity and liabilities €124k
Equity
€45k ▲ 12.2%
Debt
€78k ▼ 18.1%
Debt's share of the balance-sheet total falls from 70.2% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2023 · €22k
Cash flow
€17k▼
2023 · €25k
Current ratio
0.38▼
2023 · 0.38
Debt to equity
1.72▼
2023 · 2.36
ROE
10.8%▼
2023 · 42.8%
ROA
4.0%▼
2023 · 12.8%
Interest coverage
10.73▼
2023 · 11.63
Debt ≤ 1 year
€34k▼
2023 · €35k
Debt > 1 year
€44k▼
2023 · €61k
Income taxes
€1k▲
2023 · €477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€136k€124k▼
Fixed assets21/28€123k€111k▼
Tangible fixed assets22/27€40k€28k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€37k€26k▼
Financial fixed assets28€83k€83k=
Current assets29/58€13k€13k▼
Cash at bank and in hand54/58€13k€13k▼
Deferred charges and accrued income490/1€52€52=
Equity and liabilities
Total equity and liabilities10/49€136k€124k▼
Equity10/15€41k€45k▲
Contributions10/11€19k€19k=
Reserves13€22k€27k▲
Distributable reserves133€22k€27k▲
Amounts payable17/49€95k€78k▼
Amounts payable after more than one year17€61k€44k▼
Financial debts170/4€54k€44k▼
Other amounts payable178/9€7k€0▼
Amounts payable within one year42/48€35k€34k▼
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€829€4k▲
Suppliers440/4€829€4k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€14k€9k▼
Accrued charges and deferred income492/3€97€0▼
Income statement
Code20232024
Non-recurring operating income76A€17k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€545€495▼
Gross operating margin9900€23k€20k▼
Operating profit (loss)9901€15k€8k▼
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€18k€6k▼
Income taxes67/77€477€1k▲
Profit (loss) for the period9904€17k€5k▼
Profit (loss) for the period to be appropriated9905€17k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€5k▲
Profit (loss) brought forward from the previous period14P€-16k€0▲
Transfer to equity691/2€1k€5k▲
To other reserves6921€1k€5k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 4 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 5.47
Current ratio from 1.86 to 5.47; short-term debt falls from €22k to €10k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-16k ▼289%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2010
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.
Sint-Kwintensstraat 703511 HasseltGround area
4,202 m²
Building footprint
344 m²
Volume, LiDAR
1,891 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARBO BVBA
since 20102.188.198.353
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483C0127/00L000 | Flanders | 2,445 m² | 1 · 153 m² | 7.6 m · 2 fl. |
| 71051B0245/00W000 | Flanders | 1,757 m² | 1 · 191 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerk-de-Stad2.188.198.353
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.