Skip to content

MARECHAL CABLING

Active
Private limited companyfounded 20233 yrs activeRue du Réservoir 18, 6044 Charleroi, BelgiumKBO/BCE: BE 0795.836.795
Summary

The computed 12-month bankruptcy probability of MARECHAL CABLING is 1.9% (moderate). The 2025 annual accounts show equity of €7,178 and a net result of €13,351. Equity is shrinking by ~35.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 22% of 1003 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency46▲+41
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
21.4%
Return on assets
39.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1003 sector peers (2025).
NBB · sector comparison
Position among 1003 sector peers
Solvency
better than 22%
← 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 20-08-2026, 20 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 · 3 filings
Deviation from the deadline
2025
20 d late
2024
21 d late
2023
37 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MARECHAL CABLING was incorporated on 6 January 2023 as a Private limited company.1 The registered office was moved to Roux in 2026.2 Total assets fell from EUR 68,481 in 2023 to EUR 33,595 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 16-07-2026
  3. 3National Bank, annual accounts 2023 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€7,178
2024 · -€6,173
Total assets
€33,595▲ 10.9%
2024 · €30,280
Net result
€13,351
2024 · -€18,464
Working capital
€3,298
2024 · -€12,990
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€10,361--€14,672€13,677
Net result€10,291within the sector's middle half--€18,464below the sector's middle half€13,351within the sector's middle half
Equity€12,291below the sector's middle half--€6,173below the sector's middle half€7,178below the sector's middle half
Total assets€68,481within the sector's middle half-€30,280below the sector's middle half▼ 55.8%€33,595below the sector's middle half▲ 10.9%
Debt€56,190-€36,453▼ 35.1%€26,417▼ 27.5%
Working capital€2,345--€12,990€3,298
Solvency17.9%below the sector's middle half--20.4%below the sector's middle half▼ 38.3pp21.4%below the sector's middle half▲ 41.8pp
above within below the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2023: €10,361€10,361Net result 2023: €10,291€10,291Operating result 2024: -€14,672-€14,672Net result 2024: -€18,464-€18,464Operating result 2025: €13,677€13,677Net result 2025: €13,351€13,351202320242025-€20,000-€10,000€0€10,000Operating result 2023: €10,361€10,400Net result 2023: €10,291€10,300Operating result 2024: -€14,672-€14,700Net result 2024: -€18,464-€18,500Operating result 2025: €13,677€13,700Net result 2025: €13,351€13,400202320242025
The operating result returns to profit in 2025: €13,677 after a loss of €14,672 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,595
Fixed assets €3,880 ▼ 43.1%
Current assets €29,715 ▲ 26.6%
Equity and liabilities €33,595
Equity €7,178
Debt €26,417
Debt finances 78.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,614▲
2024 · -€11,735
Cash flow
€16,288▲
2024 · -€15,527
Current ratio
1.12▲
2024 · 0.64
Debt to equity
3.68▲
2024 · -5.91
ROE
186.0%
ROA
39.7%▲
2024 · -61.0%
Interest coverage
50.29▲
2024 · -38.86
Debt ≤ 1 year
€26,417▼
2024 · €36,453
Income taxes
€0▼
2024 · €3,492
Staff costs
-€1,566▼
2024 · €20,153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€30,280€33,595▲
Fixed assets21/28€6,817€3,880▼
Tangible fixed assets22/27€6,817€3,880▼
Plant, machinery and equipment23€1,207€770▼
Furniture and vehicles24€5,610€3,110▼
Financial fixed assets28€0-
Current assets29/58€23,464€29,715▲
Amounts receivable within one year40/41€21,876€14,008▼
Trade receivables40€19,438€11,215▼
Other amounts receivable41€2,439€2,793▲
Cash at bank and in hand54/58€0€14,563▲
Deferred charges and accrued income490/1€1,587€1,144▼
Equity and liabilities
Total equity and liabilities10/49€30,280€33,595▲
Equity10/15-€6,173€7,178▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€8,173€5,178▲
Amounts payable17/49€36,453€26,417▼
Amounts payable within one year42/48€36,453€26,417▼
Financial debts43€3,862€0▼
Credit institutions430/8€3,862€0▼
Trade debts44€8,028€4,321▼
Suppliers440/4€8,028€4,321▼
Taxes, remuneration and social security45€4,002€1,866▼
Taxes450/3€800€1,800▲
Remuneration and social security454/9€3,202€66▼
Other amounts payable47/48€20,561€20,230▼
Income statement Code20242025
Remuneration, social security and pensions62€20,153-€1,566▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,937€2,937=
Other operating charges640/8€1,235€1,046▼
Gross operating margin9900€9,653€16,095▲
Operating profit (loss)9901-€14,672€13,677▲
Financial income75/76B€2€4▲
Recurring financial income75€2€4▲
Financial charges65/66B€302€330▲
Recurring financial charges65€302€330▲
Profit (loss) for the period before taxes9903-€14,972€13,351▲
Income taxes67/77€3,492€0▼
Profit (loss) for the period9904-€18,464€13,351▲
Profit (loss) for the period to be appropriated9905-€18,464€13,351▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,173€5,178▲
Profit (loss) brought forward from the previous period14P€10,291-€8,173▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€36,860€20,153-€1,566▼ 108%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,128€2,937€2,937=
Other operating charges640/8€621€1,235€1,046▼ 15.3%
Gross operating margin9900€49,970€9,653€16,095▲ 66.7%
Operating profit (loss)9901€10,361-€14,672€13,677▲ 193%
Financial income75/76B€3€2€4▲ 83.3%
Recurring financial income75€3€2€4▲ 83.3%
Financial charges65/66B€73€302€330▲ 9.4%
Recurring financial charges65€73€302€330▲ 9.4%
Profit (loss) for the period before taxes9903€10,291-€14,972€13,351▲ 189%
Income taxes67/77-€3,492€0▼ 100%
Profit (loss) for the period9904€10,291-€18,464€13,351▲ 172%
Profit (loss) for the period to be appropriated9905€10,291-€18,464€13,351▲ 172%
Line202320242025Change
Assets
Total assets20/58€68,481€30,280€33,595▲ 10.9%
Fixed assets21/28€9,946€6,817€3,880▼ 43.1%
Tangible fixed assets22/27€9,753€6,817€3,880▼ 43.1%
Plant, machinery and equipment23€1,644€1,207€770▼ 36.2%
Furniture and vehicles24€8,110€5,610€3,110▼ 44.6%
Financial fixed assets28€193€0--
Current assets29/58€58,534€23,464€29,715▲ 26.6%
Amounts receivable within one year40/41€28,848€21,876€14,008▼ 36.0%
Trade receivables40€24,578€19,438€11,215▼ 42.3%
Other amounts receivable41€4,270€2,439€2,793▲ 14.5%
Cash at bank and in hand54/58€29,117€0€14,563-
Deferred charges and accrued income490/1€569€1,587€1,144▼ 27.9%
Equity and liabilities
Total equity and liabilities10/49€68,481€30,280€33,595▲ 10.9%
Equity10/15€12,291-€6,173€7,178▲ 216%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€10,291-€8,173€5,178▲ 163%
Amounts payable17/49€56,190€36,453€26,417▼ 27.5%
Amounts payable within one year42/48€56,190€36,453€26,417▼ 27.5%
Financial debts43-€3,862€0▼ 100%
Credit institutions430/8-€3,862€0▼ 100%
Trade debts44€21,741€8,028€4,321▼ 46.2%
Suppliers440/4€21,741€8,028€4,321▼ 46.2%
Taxes, remuneration and social security45€4,195€4,002€1,866▼ 53.4%
Taxes450/3€900€800€1,800▲ 125%
Remuneration and social security454/9€3,295€3,202€66▼ 97.9%
Other amounts payable47/48€30,254€20,561€20,230▼ 1.6%
Line202320242025Change
Profit (loss) for the period9904€10,291-€18,464€13,351▲ 172%
+ Depreciation and write-downs630€2,128€2,937€2,937=
Operating cash flow (approximation)€12,419-€15,527€16,288▲ 205%
Investment in fixed assets (approximation)-€193€0▼ 100%
Change in cash--€29,117€14,563▲ 150%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
16-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 25-06-2026
  • Registered-office move, Rue du réservoir 18 à 6044 ROUX
2025
31-12
Financial Back to profitnet €13,351
Net result €13,351 after one loss-making year.
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial Weakest financial yearnet -€18,464
Net result drops to -€18,464, the lowest in the series; recovery starts the following year.
06-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
172 m²
Building footprint
39 m²
Parcel 52061B1004/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Réservoir 18, 6044 Charleroi
Construction of utility projects for electricity and telecommunications
since 20232.342.361.047
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52061B1004/00V000 Wallonia 172 m² 1 · 39 m² -
Linked by address, not proof of ownership
Good to know
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

Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
42120Civil engineering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795836795
Also 9925:BE0795836795
Registered 01-08-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.