Equity
€23,582 from €215,727 in 2019
Equity fell by 89% in 6 years.
MARCHETTI
Lifetime
19 annual accounts with figures on one time axis, 31 filings since 1995peak €424,941 (2018)
€107,280▼ 53.1%
lowest -€135,132 (2025)
-€135,132▼ €116,313
peak €215,727 (2019)
€23,582▼ 85.3%
€570,060▲ 15.3%
peak 8.3 FTE (2017)
-not published
Board4 names since 2020
1 directorBenjamin MARCHETTI
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €228,896 to €107,280Loss of €135,132Equity from €160,455 to €23,582Debts from €494,324 to €570,060Cash from €27 to €17,483
Key points
from the 2025 annual accountsResult
-€135,132 ▼ 618%
The result fell in 2025 from -€18,819 to -€135,132.
Debts
€570,060 96% of the balance sheet
Financial debts 67%Suppliers 10%Taxes and wages 5%Other 18%
Of this, €246,535 falls due within a year.
Staff
4.4 FTE from 8.3 in 2017
Between 2017 and 2025, 47% of the full-time equivalents disappeared.
Filings
31 annual accounts since 1995
Two of the last ten came late. The 2016 accounts came latest: 28 days after the end of the period.
Position in the sector
-€135,132
Lower net result than 95% of companies in construction of buildings. Sector median €8,551 · 9,446 companies.
Checked score
53
Fair
Financially stronger than 14% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▲ +0.5 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.3 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.5%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €135,132, the second in a row (financial year 2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €23,582 (4.0% of total assets)
lowers risk
Size: total assets €593,642
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 14% of them on solvency, 29% on liquidity, 5% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 540 companies had the same profile as MARCHETTI has now. Each dot stands for 2 companies, two years later.
85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MARCHETTI itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 540 companies, not a prediction for MARCHETTI. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.61 (0.72 in 2024), below 1. Short-term debt is 41.5% and cash 2.9% of total assets. 96% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€135,132
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9456 sector peers (2025).
NBB · sector comparisonPosition among 9456 sector peers
Solvency
better than 14%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
30 days early
2023
124 days early
2022
25 days early
2021
40 days early
2020
36 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453356026
Change of role: Hervé LOUIS, from alternate director to daily management delegate
Resignation: Amandine PICRON (alternate director) · General meeting of 29-03-2024 · Gazette deed
New alternate director
LOUIS Hervé appointed, CARTRY Rohan resigned · General meeting of 05-04-2023 · Gazette deed
Appointments: PICRON Amandine (alternate director) and CARTRY Rohan (alternate director)
General meeting of 14-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARCHETTI Estinnes | €593,642 | €107,280 | 4.0% | - |
| TERCHAP Chapelle-lez-Herlaimont | €527,998 | €115,959 | 8.1% | - |
| LE CASTOR VB Grimbergen | €601,928 | €100,138 | 96.2% | - |
| M.M. PROJECT MANAGEMENT Lievegem | €608,006 | €119,895 | 50.9% | - |
| VERSION 9 Orp-Jauche | €664,487 | €106,820 | 93.9% | 0.5 |
| ALGEMENE BOUWONDERNEMING COERTJENS Hoogstraten | €599,693 | €93,967 | 51.7% | - |
| CASTELEYN Marc Hooglede | €528,982 | €112,522 | 67.7% | - |
These companies have the same main activity as MARCHETTI: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €528,000 and €664,000, founded between 1992 and 1998.
Official details
Source: KBO- Status
- Active since 29-08-1994Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2025
- Establishment unit
- 2.068.298.8317120 Estinnes, since 23-09-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 26-06-2025
Annual accounts 2025
- ≈ €350,000estimated
- €593,642▼ 9.3%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on MARCHETTI
MARCHETTI files the micro format. That format states no turnover. The gross margin rose from €50,723 in 2006 to €107,280 in 2025.
The balance sheet grew most in 2018 through fixed assets.
In May 2024, the Official Gazette published the appointment of Hervé LOUIS as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARCHETTI
- What is the company number of MARCHETTI?
- The company number of MARCHETTI is 0453.356.026. The VAT number is the same number with BE in front: BE 0453.356.026.
- Where is MARCHETTI based?
- The registered office is at Rue Rivière 148, 7120 Estinnes.Company details
- What does MARCHETTI do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MARCHETTI?
- MARCHETTI is a private limited company (BV).
- When was MARCHETTI founded?
- MARCHETTI was founded on 29-08-1994.
- Is MARCHETTI still active?
- Yes, MARCHETTI is an active enterprise in the KBO register.
- How many employees does MARCHETTI have?
- MARCHETTI had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MARCHETTI fall under?
- In its 2025 annual accounts, MARCHETTI states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of MARCHETTI?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €107,280 and 97 comparable companies (NACE 41001). It probably lies between €250,000 and €550,000.
- Is MARCHETTI profitable?
- In financial year 2025, MARCHETTI made a loss of €135,132.
- Where can I find the annual accounts of MARCHETTI?
- MARCHETTI filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARCHETTI due?
- MARCHETTI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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