Mare & Co
ActiveThe computed 12-month bankruptcy probability of Mare & Co is 2.0% (moderate). The 2025 annual accounts show equity of €4k and a net result of €421. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 7311 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-47
Solvency16▲+1
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.05 in 2024), and 93.4% 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.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7311 sector peers (2025).
NBB · sector comparisonPosition among 7311 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
29 d late
2022
31 d late
2021
676 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▲ 11.9%
2024 · €4k
2021: €7k
2022: €4k
2023: €11k
2024: €4k
2021 → 2025
Total assets
€60k▼ 24.0%
2024 · €79k
2021: €94k
2022: €45k
2023: €56k
2024: €79k
2021 → 2025
Net result
€421▼ 98.7%
2024 · €31k
2021: €13k
2022: €-3k
2023: €7k
2024: €31k
2021 → 2025
Working capital
€1k▼ 63.1%
2024 · €4k
2021: €7k
2022: €4k
2023: €11k
2024: €4k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€4k▼ 45.5%€11k▲ 180%€4k▼ 67.0%€4k▲ 11.9%
Operating result€14k-€-3k€9k€43k▲ 371%€1k▼ 96.8%
Net result€13k-€-3k€7k€31k▲ 353%€421▼ 98.7%
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 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€3k
Current assets
€58k
Equity and liabilities €60k
Equity
€4k▲ 11.9%
Debt
€56k▼ 25.6%
The debt ratio falls from 95.5% to 93.4%: equity grows while debt is paid down.
Key figures and ratios
Solvency
6.6%▲
2024 · 4.5%
Current ratio
1.02▼
2024 · 1.05
Quick ratio
1.02▼
2024 · 1.05
Debt / equity
14.22▼
2024 · 21.40
ROE
10.6%▼
2024 · 882.4%
ROA
0.7%▼
2024 · 39.4%
Debt
€56k▼
2024 · €76k
Debt ≤ 1 year
€56k▼
2024 · €76k
Income taxes
€129▼
2024 · €9k
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€79k€60k▼
Fixed assets21/28-€3k
Financial fixed assets28-€3k
Current assets29/58€79k€58k▼
Amounts receivable within one year40/41€78k€38k▼
Trade receivables40€25k€30k▲
Other amounts receivable41€53k€8k▼
Cash at bank and in hand54/58€2k€19k▲
Deferred charges and accrued income490/1€150€1k▲
Equity and liabilities
Total equity and liabilities10/49€79k€60k▼
Equity10/15€4k€4k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€46€467▲
Amounts payable17/49€76k€56k▼
Amounts payable within one year42/48€76k€56k▼
Trade debts44€16k€31k▲
Suppliers440/4€16k€31k▲
Taxes, remuneration and social security45€21k€25k▲
Taxes450/3€10k€15k▲
Remuneration and social security454/9€11k€11k▼
Other amounts payable47/48€39k€0▼
Income statement
Code20242025
Other operating charges640/8€387€0▼
Gross operating margin9900€43k€1k▼
Operating profit (loss)9901€43k€1k▼
Financial charges65/66B€2k€817▼
Recurring financial charges65€2k€817▼
Profit (loss) for the period before taxes9903€41k€550▼
Income taxes67/77€9k€129▼
Profit (loss) for the period9904€31k€421▼
Profit (loss) for the period to be appropriated9905€31k€421▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€467▼
Profit (loss) brought forward from the previous period14P€7k€46▼
Profit to be distributed694/7€39k€0▼
Return on contributions (dividend)694€39k€0▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2021net €31k ▲353%
Operating result €43k, net result €31k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 676 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼126%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Overijse · 1 establishment unit since 2020
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.
Brusselsesteenweg 2923090 OverijseGround area
2,660 m²
Building footprint
600 m²
Volume, LiDAR
5,021 m³
2 parcels, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20202.318.086.006
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 22302C0229/00H000 | Flanders | 726 m² | 1 · 402 m² | 17.2 m · 4 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.
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 5,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.