MAREBEL
ActiveMAREBEL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.91M and a net result of €1,000k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+31
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
short-term debt: 0% and cash: 4.7% of total assets, and 0% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
100%
Return on assets
52.4%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.91M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 10 filingsDeviation from the deadline
2025
41 d late
2024
22 d late
2023
30 d late
2022
5 d early
2021
39 d early
2020
61 d late
2019
26 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,000k▲ 29,321%
2024 · €3k
2018: €5k
2019: €397k
2020: €2k
2021: €154
2022: €12k
2023: €-15k
2024: €3k
2018 → 2025
Working capital
€94k▲ 30.3%
2024 · €72k
2018: €70k
2019: €72k
2020: €70k
2021: €56k
2022: €36k
2023: €221k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.08M-€1.09M▲ 1.1%€1.08M▼ 1.4%€906k▼ 15.9%€1.91M▲ 110%
Operating result€1k-€16k▲ 1,051%€-14k€4k€2k▼ 43.7%
Net result€154-€12k▲ 7,710%€-15k€3k€1,000k▲ 29,321%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.91M
Fixed assets
€1.81M▲ 117%
Current assets
€94k▲ 30.0%
Equity and liabilities €1.91M
Equity
€1.91M▲ 110%
Debt
€688▲ 0.8%
The debt ratio stays at 0.0%.
Key figures and ratios
EBITDA
€24k▼
2024 · €27k
Cash flow
€1.02M▲
2024 · €26k
Solvency
100.0%=
2024 · 99.9%
Debt / equity
0.00▼
2024 · 0.00
ROE
52.5%▲
2024 · 0.4%
ROA
52.4%▲
2024 · 0.4%
Interest coverage
117.43▼
2024 · 154.83
Debt
€688▲
2024 · €682
Debt ≤ 1 year
€688▲
2024 · €682
Income taxes
€316▼
2024 · €343
A ratio outside any meaningful range has been withheld (balance sheet total €1.91M, equity €1.91M).
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€907k€1.91M▲
Fixed assets21/28€835k€1.81M▲
Tangible fixed assets22/27€53k€33k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€50k€29k▼
Financial fixed assets28€782k€1.78M▲
Current assets29/58€73k€94k▲
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€4k€4k▼
Other amounts receivable41€1k€14▼
Cash at bank and in hand54/58€66k€89k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€907k€1.91M▲
Equity10/15€906k€1.91M▲
Contributions10/11€1.10M€1.10M=
Capital10€1.10M€1.10M=
Issued capital100€1.10M€1.10M=
Reserves13€59k€59k=
Non-distributable reserves130/1€54k€54k=
Legal reserve130€49k€49k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-253k€747k▲
Amounts payable17/49€682€688▲
Amounts payable within one year42/48€682€688▲
Trade debts44€254€30▼
Suppliers440/4€254€30▼
Taxes, remuneration and social security45€343€572▲
Taxes450/3€343€572▲
Other amounts payable47/48€86€86=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€29k€26k▼
Operating profit (loss)9901€4k€2k▼
Financial income75/76B€0€998k▲
Recurring financial income75€0€192▲
Non-recurring financial income76B-€998k
Financial charges65/66B€172€206▲
Recurring financial charges65€172€206▲
Profit (loss) for the period before taxes9903€4k€1.00M▲
Income taxes67/77€343€316▼
Profit (loss) for the period9904€3k€1,000k▲
Profit (loss) for the period to be appropriated9905€3k€1,000k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-253k€747k▲
Profit (loss) brought forward from the previous period14P€-256k€-253k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (11 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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 41 days late
2025
31-12
Financial
Highest result since 2018net €1,000k ▲29321%
Net result €1,000k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.91M ▲110%
2 profitable years in a row build equity to €1.91M.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-15k ▼223%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 25current ratio 236.92
Current ratio from 9.63 to 236.92; short-term debt falls from €4k to €936.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Equity above €1MEq €1.08M ▲58.1%
2 profitable years in a row build equity to €1.08M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 99 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Vosselaar · 1 establishment unit since 1988
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.
Nachtegaalstraat 12350 VosselaarGround area
1,597 m²
Building footprint
306 m²
Volume, LiDAR
1,547 m³
Parcel 13046B0320/00B003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAREBEL
since 19882.102.614.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046B0320/00B003 | Flanders | 1,597 m² | 1 · 306 m² | 9.0 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.
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SZ
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LANACOM
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SCIFO
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 20,740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-1987
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.