MARCEL MOREAU
ActiveMARCEL MOREAU has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 93% of 1885 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 12.08 against 11.54 in 2024), and 8.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Sector 25
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
86 d early
2023
9 d early
2022
25 d early
2021
23 d late
2020
61 d late
2019
7 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▼ 3.2%
2024 · €84k
2018: €99k
2019: €83k
2020: €93k
2021: €90k
2022: €90k
2023: €86k
2024: €84k
2018 → 2025
Total assets
€89k▼ 3.6%
2024 · €92k
2018: €118k
2019: €96k
2020: €104k
2021: €102k
2022: €100k
2023: €94k
2024: €92k
2018 → 2025
Net result
€-3k▼ 111%
2024 · €-1k
2018: €-8k
2019: €-15k
2020: €10k
2021: €-4k
2022: €502
2023: €-5k
2024: €-1k
2018 → 2025
Working capital
€82k▼ 3.2%
2024 · €84k
2018: €88k
2019: €83k
2020: €93k
2021: €90k
2022: €90k
2023: €86k
2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€90k▲ 0.6%€86k▼ 5.2%€84k▼ 1.5%€82k▼ 3.2%
Operating result€-3k-€982€-4k€-989▲ 77.0%€-2k▼ 143%
Net result€-4k-€502€-5k€-1k▲ 73.1%€-3k▼ 111%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €989 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €89k
Equity
€82k▼ 3.2%
Debt
€7k▼ 7.9%
The debt ratio falls from 8.7% to 8.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
91.7%▲
2024 · 91.3%
Current ratio
12.08▲
2024 · 11.54
Quick ratio
8.42▲
2024 · 7.81
Debt / equity
0.09▼
2024 · 0.09
ROE
-3.3%▼
2024 · -1.5%
ROA
-3.0%▼
2024 · -1.4%
Debt
€7k▼
2024 · €8k
Debt ≤ 1 year
€7k▼
2024 · €8k
Income taxes
€374▲
2024 · €357
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€92k€89k▼
Current assets29/58€92k€89k▼
Stocks and contracts in progress3€30k€27k▼
Stocks30/36€30k€27k▼
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40€5k€7k▲
Other amounts receivable41€1k€895▼
Cash at bank and in hand54/58€54k€51k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€92k€89k▼
Equity10/15€84k€82k▼
Contributions10/11€12k€12k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€35k€32k▼
Amounts payable17/49€8k€7k▼
Amounts payable within one year42/48€8k€7k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€0€437▲
Taxes450/3€0€437▲
Other amounts payable47/48€7k€6k▼
Income statement
Code20242025
Other operating charges640/8€1k€817▼
Gross operating margin9900€215€-2k▼
Operating profit (loss)9901€-989€-2k▼
Financial income75/76B€243€263▲
Recurring financial income75€243€263▲
Financial charges65/66B€161€154▼
Recurring financial charges65€161€154▼
Profit (loss) for the period before taxes9903€-908€-2k▼
Income taxes67/77€357€374▲
Profit (loss) for the period9904€-1k€-3k▼
Profit (loss) for the period to be appropriated9905€-1k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€32k▼
Profit (loss) brought forward from the previous period14P€36k€35k▼
The notes to these accounts (6 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €502
Net result €502 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Soumagne · 1 establishment unit since 2011
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.
Place de Heuseux(CER) 74632 SoumagneGround area
307 m²
Building footprint
138 m²
Volume, LiDAR
890 m³
Parcel 62021A0171/00K000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARCEL MOREAU
since 20112.195.468.801
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62021A0171/00K000 | Wallonia | 307 m² | 1 · 138 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HEKWERKEN MAASEIK
BE 0466.228.916
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ARIFA RENOV
BE 0659.833.887
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Trust Contract Services BE
BE 0720.731.675
Antwerpen · Eq €81k
BALLS OF STEEL
BE 0790.341.647
Deinze · Eq €82k
STP METAALCONSTRUCTIE
BE 0774.771.563
Zuienkerke · Eq €83k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,565 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2011
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.