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MARECO

Active
Private limited companyfounded 2020active for 5 yearsAugust Sniedersstraat 26, 2060 Antwerp, BelgiumKBO/BCE: BE 0758.766.761
Summary

The computed 12-month bankruptcy probability of MARECO is 3.7% (moderate). The 2025 annual accounts show equity of €105,451 and a net result of €7,901, of which €16,989 non-recurring income. Equity has been growing by about 53% per year since 2021. Its solvency ranks better than 74% of 9,415 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 25-11-2020 Normal situation
Activity
General construction of other non-residential buildings NACE 41003and 5 others
Establishment unit
2.311.146.447 2060 Antwerp, since 25-11-2020
Financial year end
31 December
Peppol
Reachable since 30-10-2025

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Annual accounts 2025
Gross margin
€30,140
▼ 45.7%
Turnover
≈ €210,000
estimated
Profit
€7,901
▼ 72.4%
Equity
€105,451
▲ 8.1%
Total assets
€160,490
▲ 17.2%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSize: total assets €160,490Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 58% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 91-5
equity 65.7% of total assets
Liquidity 52-6
short-term debt 8.8% · cash 1.6%
Profitability 75-20
return on assets 4.9%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,457 companies, NACE 41, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 2.0%▲ +0.8 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 1.9%▼ -0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.8%▼ -0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.8%▼ -0.1 percentage points vs 06-2026 08-2026: 2.4%▲ +0.6 percentage points vs 07-2026 09-2026: 3.8%▲ +1.4 percentage points vs 08-2026highest value 10-2026: 3.7%▼ -0.1 percentage points vs 09-2026 11-2026: 3.7%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.89 (0.91 in 2024), below 1. Short-term debt is 8.8% and cash 1.6% of total assets. 34.3% 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 41, micro). It does better than 75% of them on solvency, 55% on liquidity, 51% on profitability and 51% on growth.

The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).

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

Signals

Five signals.
raises risk
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €160,490
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
31 days late
2024
11 days late
2023
30 days late
2022
31 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 27 days after 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 31 August (5 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
05-11-2026 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

  • Positive: 5 profitable years in a rowprofit 2025: €7,901, mostly one-off 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as MARECO: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €97,800 and €218,000, founded between 2019 and 2021.

CompanyTotal assetsGross margin
MARECO Antwerp€160,490€30,140
Vermassen Bert Zottegem€165,640€39,213
CHELEF GROUPS Hélécine€119,489€34,330
PRAEDIUM Wommelgem€218,110€43,973
Yannick Lenaerts Schoten€107,103€43,182
BART AWEBT Willebroek€97,799€26,682
KOOTI Hemiksem€106,475€20,274
Full comparison

Key facts about MARECO

What is the company number of MARECO?
The company number of MARECO is 0758.766.761. The VAT number is the same number with BE in front: BE 0758.766.761.
Where is MARECO based?
The registered office is at August Sniedersstraat 26, 2060 Antwerp.Company details
What does MARECO do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of MARECO?
MARECO is a private limited company (BV).
When was MARECO founded?
MARECO was founded on 25-11-2020.
Is MARECO still active?
Yes, MARECO is an active enterprise in the KBO register.
What is the turnover of MARECO?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €30,140 and 170 comparable companies (NACE 410). It probably lies between €110,000 and €380,000.Financials
Is MARECO profitable?
In financial year 2025, MARECO made a profit of €7,901.
Where can I find the annual accounts of MARECO?
MARECO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARECO due?
MARECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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