MARBRERIE KINARD
ActiveMARBRERIE KINARD has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €6k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-51
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 8.76 against 6.2 in 2024), and 10.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
89.5%
Return on assets
2%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
20 d late
2023
22 d late
2022
18 d late
2021
25 d late
2020
23 d late
2019
8 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€270k▲ 2.3%
2024 · €264k
2018: €102k
2019: €98k
2020: €97k
2021: €159k
2022: €186k
2023: €231k
2024: €264k
2018 → 2025
Total assets
€302k▼ 3.3%
2024 · €312k
2018: €251k
2019: €250k
2020: €242k
2021: €264k
2022: €270k
2023: €307k
2024: €312k
2018 → 2025
Net result
€6k▼ 81.5%
2024 · €33k
2018: €-28k
2019: €-3k
2020: €627
2021: €23k
2022: €31k
2023: €45k
2024: €33k
2018 → 2025
Working capital
€210k▲ 2.2%
2024 · €206k
2018: €24k
2019: €28k
2020: €34k
2021: €96k
2022: €132k
2023: €172k
2024: €206k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€159k-€186k▲ 17.6%€231k▲ 23.9%€264k▲ 14.2%€270k▲ 2.3%
Operating result€19k-€25k▲ 28.4%€44k▲ 76.0%€32k▼ 25.9%€5k▼ 83.9%
Net result€23k-€31k▲ 38.3%€45k▲ 42.4%€33k▼ 26.1%€6k▼ 81.5%
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 84% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€64k▼ 3.7%
Current assets
€238k▼ 3.2%
Equity and liabilities €302k
Equity
€270k▲ 2.3%
Debt
€32k▼ 34.3%
The debt ratio falls from 15.4% to 10.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€10k▼
2024 · €37k
Cash flow
€11k▼
2024 · €37k
Solvency
89.5%▲
2024 · 84.6%
Current ratio
8.76▲
2024 · 6.20
Quick ratio
2.82▲
2024 · 1.97
Debt / equity
0.12▼
2024 · 0.18
ROE
2.3%▼
2024 · 12.5%
ROA
2.0%▼
2024 · 10.6%
Interest coverage
6.59▼
2024 · 40.86
Debt
€32k▼
2024 · €48k
Debt ≤ 1 year
€27k▼
2024 · €40k
Debt > 1 year
€4k▼
2024 · €8k
Income taxes
€141▼
2024 · €252
Staff costs
€66k▲
2024 · €48k
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€312k€302k▼
Fixed assets21/28€66k€64k▼
Tangible fixed assets22/27€65k€63k▼
Land and buildings22€52k€52k=
Plant, machinery and equipment23-€2k
Furniture and vehicles24€13k€9k▼
Financial fixed assets28€2k€2k=
Current assets29/58€245k€238k▼
Stocks and contracts in progress3€168k€161k▼
Stocks30/36€168k€161k▼
Amounts receivable within one year40/41€30k€25k▼
Trade receivables40€29k€25k▼
Other amounts receivable41€243€75▼
Cash at bank and in hand54/58€46k€49k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€312k€302k▼
Equity10/15€264k€270k▲
Contributions10/11€264k€264k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-5k€2k▲
Amounts payable17/49€48k€32k▼
Amounts payable after more than one year17€8k€4k▼
Financial debts170/4€8k€4k▼
Amounts payable within one year42/48€40k€27k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€29k€17k▼
Income statement
Code20242025
Non-recurring operating income76A-€20
Remuneration, social security and pensions62€48k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€9k€14k▲
Non-recurring operating charges66A€886-
Gross operating margin9900€95k€90k▼
Operating profit (loss)9901€32k€5k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€901€2k▲
Recurring financial charges65€901€2k▲
Profit (loss) for the period before taxes9903€33k€6k▼
Income taxes67/77€252€141▼
Profit (loss) for the period9904€33k€6k▼
Profit (loss) for the period to be appropriated9905€33k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€2k▲
Profit (loss) brought forward from the previous period14P€-37k€-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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €45k ▲42.4%
Operating result €44k, net result €45k, both a record.
31-12
Financial
Equity above €200kEq €231k ▲23.9%
4 profitable years in a row build equity to €231k.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €159k ▲63.1%
2 profitable years in a row build equity to €159k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €627
Net result €627 after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aubange · 1 establishment unit since 1991
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.
Rue du Calvaire - GUERLANGE 176791 Aubange1 establishment unit
Rue des Deux Luxembourg - ATHUS 17, 6791 Aubange
since 19912.052.848.117
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Of 736 companies in sector 23700 we hold annual accounts for 489. 421 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-1991
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
43990Other specialised construction activities
43999Specialised construction activities
45250
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:sebastien.kinard@hotmail.com