Marcelle Store
ActiveMarcelle Store has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €21k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-1
Solvency58▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.7 in 2024; short-term debt: 20.7% and cash: 8.9% of total assets), and 67.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
32.7%
Return on assets
2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
on the day
2022
27 d early
2021
32 d early
2020
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€349k▲ 6.6%
2024 · €327k
2020: €100k
2021: €152k
2022: €209k
2023: €299k
2024: €327k
2020 → 2025
Total assets
€1.07M▼ 2.3%
2024 · €1.09M
2020: €234k
2021: €858k
2022: €929k
2023: €1.12M
2024: €1.09M
2020 → 2025
Net result
€21k▼ 23.7%
2024 · €28k
2020: €93k
2021: €53k
2022: €56k
2023: €78k
2024: €28k
2020 → 2025
Working capital
€106k▼ 18.6%
2024 · €131k
2020: €74k
2021: €551k
2022: €157k
2023: €91k
2024: €131k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€209k▲ 37.0%€299k▲ 43.3%€327k▲ 9.4%€349k▲ 6.6%
Operating result€66k-€62k▼ 5.0%€92k▲ 47.7%€49k▼ 46.7%€41k▼ 15.4%
Net result€53k-€56k▲ 6.9%€78k▲ 38.3%€28k▼ 63.9%€21k▼ 23.7%
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 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€740k▼ 4.5%
Current assets
€327k▲ 3.2%
Equity and liabilities €1.07M
Equity
€349k▲ 6.6%
Debt
€718k▼ 6.1%
The debt ratio falls from 70.0% to 67.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2024 · €99k
Cash flow
€72k▼
2024 · €78k
Solvency
32.7%▲
2024 · 30.0%
Current ratio
1.48▼
2024 · 1.70
Quick ratio
0.57▲
2024 · 0.55
Debt / equity
2.06▼
2024 · 2.34
ROE
6.2%▼
2024 · 8.6%
ROA
2.0%▼
2024 · 2.6%
Interest coverage
6.48▲
2024 · 5.95
Debt
€718k▼
2024 · €765k
Debt ≤ 1 year
€220k▲
2024 · €186k
Debt > 1 year
€492k▼
2024 · €542k
Income taxes
€6k▲
2024 · €4k
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€1.09M€1.07M▼
Fixed assets21/28€775k€740k▼
Tangible fixed assets22/27€775k€740k▼
Land and buildings22€758k€714k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€15k€21k▲
Financial fixed assets28€96€96=
Current assets29/58€317k€327k▲
Stocks and contracts in progress3€214k€202k▼
Stocks30/36€214k€202k▼
Amounts receivable within one year40/41€67k€26k▼
Trade receivables40€51k€22k▼
Other amounts receivable41€16k€4k▼
Cash at bank and in hand54/58€34k€95k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.07M▼
Equity10/15€327k€349k▲
Contributions10/11€19k€19k=
Reserves13€308k€330k▲
Distributable reserves133€308k€330k▲
Profit (loss) carried forward14€691€183▼
Amounts payable17/49€765k€718k▼
Amounts payable after more than one year17€542k€492k▼
Financial debts170/4€542k€492k▼
Amounts payable within one year42/48€186k€220k▲
Current portion of amounts payable after more than one year42€53k€51k▼
Trade debts44€107k€101k▼
Suppliers440/4€107k€101k▼
Advances received on contracts in progress46€4k€36k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€13k€22k▲
Accrued charges and deferred income492/3€36k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€50k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€102k€94k▼
Operating profit (loss)9901€49k€41k▼
Financial income75/76B€17€1▼
Recurring financial income75€17€1▼
Financial charges65/66B€17k€14k▼
Recurring financial charges65€17k€14k▼
Profit (loss) for the period before taxes9903€32k€27k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€28k€21k▼
Profit (loss) for the period to be appropriated9905€28k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€22k▼
Profit (loss) brought forward from the previous period14P€528€691▲
Transfer to equity691/2€28k€22k▼
To other reserves6921€28k€22k▼
The notes to these accounts (12 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €21k ▼23.7%
Net result drops to €21k, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €209k ▲37%
3 profitable years in a row build equity to €209k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity quadruplescurrent ratio 6.20
Current ratio from 1.55 to 6.20; short-term debt falls from €135k to €106k.
30-09
Financial
Equity above €150kEq €152k ▲52.9%
2 profitable years in a row build equity to €152k.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Deinze · 1 establishment unit since 2019
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.
Gentstraat 639800 DeinzeGround area
269 m²
Building footprint
189 m²
Volume, LiDAR
1,127 m³
Parcel 44011B0396/00S003, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARCELLE
since 20192.284.026.138
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0396/00S003 | Flanders | 269 m² | 1 · 189 m² | 11.6 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
SAGOM
BE 0689.692.170
Waterloo · Eq €348k
MONSEL
BE 0817.168.481
Brussel · Eq €364k
VILALI
BE 0401.067.383
Gent · Eq €366k
JANSSENS-NANINI
BE 0475.015.037
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KERALA
BE 0878.997.271
Brussel · Eq €386k
Of 657 companies in sector 47715 we hold annual accounts for 187. 115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2019
Fiscal year end30-09
Activities, NACEBEL
47715Retail trade
47711Retail sale of women's outerwear
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.