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MARE NOSTRUM

Active
Private limited companyfounded 1998active for 28 yearsBoomgaarden 39, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0464.036.716
Summary

MARE NOSTRUM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €655,029 and a net result of €7,870. Equity has been shrinking by about 7.1% per year since 2018. Its solvency ranks better than 35% of 56 sector peers (NACE 03, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

Source: KBO
Status
Active since 26-08-1998 Normal situation
Activity
Fishing and aquaculture NACE 03110
Joint committee
143 Paritair Comité voor de zeevisserij · annual accounts 2025
Establishment unit
2.088.313.889 8300 Knokke-Heist, since 10-09-1998
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€945,975
▼ 5.1%
Turnover
≈ €2.2m
estimated
Profit
€7,870
▼ 94.9%
Equity
€655,029
▲ 160%
Total assets
€2.1m
▲ 15.6%
Staff
9 FTE
▲ 11.1%
Filed on 28-07-2026, 3 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.22, cash €280, halved1 of the last 3 accounts lateSector: Fishing and aquaculture (NACE 03)lowers riskFounded in 1998Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 50% of micro companies in fishing and aquaculture (NACE 03)
Financial strength · tick: 2024
Average
Solvency 56+17
equity 31.3% of total assets
Liquidity 32+4
short-term debt 39.1% · cash 0.0%
Profitability 46-33
return on assets 0.4%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (98 companies, NACE 03, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%▼ -0.5 percentage points vs 04-2025lowest value 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.4 percentage points vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 1.5%▼ -0.4 percentage points vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.27 in 2024), below the usual 1.5. Short-term debt is 39.1% and cash 0% of total assets. 68.7% of the assets are financed with debt and provisions.
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 03, micro). It does better than 42% of them on solvency, 18% on liquidity, 42% on profitability and 97% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.22, cash €280, halved
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Fishing and aquaculture (NACE 03)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €655,029
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
56 days late
2023
6 days late
2022
4 days early
2021
3 days early
2020
58 days early
2019
46 days late
← 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 6 days after the deadline. In the sector (NACE 03), the median for financial year 2024 was 10 days after the deadline, and 55% 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 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €155,218 to €7,870 ▼ 94.9% View
  • Positive: 6th largest employer in Knokke-Heist, Agriculture, forestry and fishing sectorin the Checked rankings No. 6 View
  • Positive: 8 profitable years in a rowprofit 2025: €7,870 8 years View

Recent changes

  1. · Gazette deed Reappointment: Benoit BEERNAERT (director)
  2. · Gazette deed Registered office moved within Knokke-Heist
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as MARE NOSTRUM: fishing and aquaculture (NACE 03110). They are comparable in size and age: total assets between €1.4m and €3.2m, founded between 1983 and 2005.

CompanyTotal assetsGross margin
MARE NOSTRUM Knokke-Heist€2.1m€0.9m
VAYA CON DIOS Zuienkerke€2.0m€0.9m
REDERIJ JACOBUS Knokke-Heist€3.2m€0.9m
REDERIJ SCHILTZ Knokke-Heist€1.8m€0.8m
Beheer Shamrock Oostende€1.4m€1.1m
REDERIJ MARBI De Haan€3.2m€1.2m
Rederij Noordster De Haan€1.9m€1.0m
Full comparison

Key facts about MARE NOSTRUM

What is the company number of MARE NOSTRUM?
The company number of MARE NOSTRUM is 0464.036.716. The VAT number is the same number with BE in front: BE 0464.036.716.
Where is MARE NOSTRUM based?
The registered office is at Boomgaarden 39, 8300 Knokke-Heist.Company details
What does MARE NOSTRUM do?
According to the KBO register, the main activity is fishing and aquaculture (NACE 03110).
What is the legal form of MARE NOSTRUM?
The legal form of MARE NOSTRUM is Private limited company (BV).
When was MARE NOSTRUM founded?
MARE NOSTRUM was founded on 26-08-1998.
Is MARE NOSTRUM still active?
Yes, MARE NOSTRUM is an active enterprise in the KBO register.
How many employees does MARE NOSTRUM have?
MARE NOSTRUM had an average of 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MARE NOSTRUM fall under?
In its 2025 annual accounts, MARE NOSTRUM states joint committee 143 (Paritair Comité voor de zeevisserij).
What is the turnover of MARE NOSTRUM?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €945,975 and 2,283 comparable companies of the same size. It probably lies between €1.3m and €3.8m. It is a rough estimate.
Is MARE NOSTRUM profitable?
In financial year 2025, MARE NOSTRUM made a profit of €7,870.
Where can I find the annual accounts of MARE NOSTRUM?
MARE NOSTRUM filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARE NOSTRUM due?
MARE NOSTRUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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