MARED INDOOR
ActiveSummary
MARED INDOOR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €74k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency63▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.51 against 2.5 in 2024; short-term debt: 51.2% and cash: 24% of total assets), and 62.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
37.7%
Return on assets
6.6%
Age of the figures
9 mo
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
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
5 d early
2022
115 d late
2021
109 d late
2020
88 d late
2019
125 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€74k▼ 5.8%
2024 · €79k
Working capital
€-280k
2024 · €132k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25k€97k▲ 293%€173k▲ 78.8%€137k▼ 21.0%€111k▼ 19.2%
Net result€6k€76k▲ 1,258%€106k▲ 39.2%€79k▼ 25.5%€74k▼ 5.8%
Equity€193k▲ 3.0%€269k▲ 39.5%€272k▲ 0.9%€351k▲ 29.1%€425k▲ 21.2%
Total assets€1.10M▼ 5.5%€1.13M▲ 2.8%€1.21M▲ 6.9%€1.10M▼ 9.2%€1.13M▲ 2.7%
Debt€908k▼ 7.1%€863k▼ 5.0%€938k▲ 8.8%€748k▼ 20.3%€703k▼ 6.0%
Working capital€-31k▲ 41.4%€50k€63k▲ 27.7%€132k▲ 108%€-280k
Staff (FTE)2▼ 4.8%2=3.5▲ 75.0%6▲ 71.4%6=
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€831k ▼ 5.5%
Current assets
€297k ▲ 35.4%
Equity and liabilities €1.13M
Equity
€425k ▲ 21.2%
Debt
€703k ▼ 6.0%
Debt's share of the balance-sheet total falls from 68.1% to 62.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€163k▼
2024 · €188k
Cash flow
€127k▼
2024 · €130k
Current ratio
0.51▼
2024 · 2.50
Quick ratio
0.49▼
2024 · 2.33
Debt to equity
1.65▼
2024 · 2.13
ROE
17.5%▼
2024 · 22.5%
ROA
6.6%▼
2024 · 7.2%
Interest coverage
14.49▲
2024 · 5.74
Debt ≤ 1 year
€577k▲
2024 · €88k
Debt > 1 year
€123k▼
2024 · €659k
Income taxes
€25k▼
2024 · €29k
Staff costs
€102k▲
2024 · €99k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33k | €74k | €92k | €99k | €102k | ▲ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52k | €51k | €53k | €51k | €53k | ▲ 2.4% |
| Other operating charges640/8 | €10k | €11k | €13k | €14k | €14k | ▼ 0.6% |
| Gross operating margin9900 | €120k | €233k | €332k | €301k | €279k | ▼ 7.3% |
| Operating profit (loss)9901 | €25k | €97k | €173k | €137k | €111k | ▼ 19.2% |
| Financial income75/76B | €3k | €3k | €3k | €4k | €197 | ▼ 95.2% |
| Recurring financial income75 | €3k | €3k | €3k | €4k | €197 | ▼ 95.2% |
| Financial charges65/66B | €22k | €24k | €33k | €33k | €11k | ▼ 65.7% |
| Recurring financial charges65 | €22k | €24k | €33k | €33k | €11k | ▼ 65.7% |
| Profit (loss) for the period before taxes9903 | €6k | €76k | €143k | €108k | €100k | ▼ 8.0% |
| Income taxes67/77 | - | - | €37k | €29k | €25k | ▼ 13.9% |
| Profit (loss) for the period9904 | €6k | €76k | €106k | €79k | €74k | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €6k | €76k | €106k | €79k | €74k | ▼ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.10M | €1.13M | €1.21M | €1.10M | €1.13M | ▲ 2.7% |
| Fixed assets21/28 | €973k | €933k | €913k | €879k | €831k | ▼ 5.5% |
| Tangible fixed assets22/27 | €973k | €933k | €913k | €879k | €826k | ▼ 6.0% |
| Land and buildings22 | €969k | €931k | €911k | €871k | €821k | ▼ 5.8% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | €8k | €6k | ▼ 25.4% |
| Furniture and vehicles24 | €617 | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €5k | - |
| Current assets29/58 | €128k | €199k | €297k | €219k | €297k | ▲ 35.4% |
| Stocks and contracts in progress3 | €3k | €12k | €12k | €15k | €16k | ▲ 11.0% |
| Stocks30/36 | €3k | €12k | €12k | €15k | €16k | ▲ 11.0% |
| Amounts receivable within one year40/41 | €96k | €100k | €98k | €111k | €7k | ▼ 93.7% |
| Trade receivables40 | - | €7k | €531 | €273 | €0 | ▼ 100% |
| Other amounts receivable41 | €96k | €93k | €97k | €111k | €7k | ▼ 93.7% |
| Cash at bank and in hand54/58 | €29k | €87k | €183k | €88k | €271k | ▲ 208% |
| Deferred charges and accrued income490/1 | €22 | €21 | €5k | €5k | €3k | ▼ 45.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.10M | €1.13M | €1.21M | €1.10M | €1.13M | ▲ 2.7% |
| Equity10/15 | €193k | €269k | €272k | €351k | €425k | ▲ 21.2% |
| Contributions10/11 | €200k | €200k | €200k | €200k | €200k | = |
| Reserves13 | €72k | €72k | €72k | €151k | €225k | ▲ 49.4% |
| Non-distributable reserves130/1 | €20k | €20k | €20k | €0 | - | - |
| Reserves not available under the articles1311 | €20k | €20k | €20k | €0 | - | - |
| Distributable reserves133 | €52k | €52k | €52k | €151k | €225k | ▲ 49.4% |
| Profit (loss) carried forward14 | €-79k | €-2k | €0 | €0 | - | - |
| Amounts payable17/49 | €908k | €863k | €938k | €748k | €703k | ▼ 6.0% |
| Amounts payable after more than one year17 | €749k | €713k | €695k | €659k | €123k | ▼ 81.3% |
| Financial debts170/4 | €249k | €213k | €195k | €159k | €123k | ▼ 22.6% |
| Other amounts payable178/9 | €500k | €500k | €500k | €500k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €159k | €150k | €234k | €88k | €577k | ▲ 558% |
| Current portion of amounts payable after more than one year42 | €65k | €54k | €36k | €36k | €36k | = |
| Financial debts43 | €21k | €20k | €18k | €12k | €0 | ▼ 100% |
| Credit institutions430/8 | €21k | €20k | - | - | - | - |
| Other loans439 | - | - | €18k | €12k | €0 | ▼ 100% |
| Trade debts44 | €57k | €54k | €8k | €13k | €13k | ▲ 3.7% |
| Suppliers440/4 | €57k | €54k | €8k | €13k | €13k | ▲ 3.7% |
| Taxes, remuneration and social security45 | €5k | €12k | €57k | €15k | €14k | ▼ 9.6% |
| Taxes450/3 | €5k | €7k | €51k | €10k | €8k | ▼ 17.6% |
| Remuneration and social security454/9 | - | €4k | €6k | €5k | €6k | ▲ 5.5% |
| Other amounts payable47/48 | €10k | €11k | €115k | €11k | €514k | ▲ 4,374% |
| Accrued charges and deferred income492/3 | - | - | €9k | €1k | €3k | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €76k | €106k | €79k | €74k | ▼ 5.8% |
| + Depreciation and write-downs630 | €52k | €51k | €53k | €51k | €53k | ▲ 2.4% |
| Operating cash flow (approximation) | €58k | €127k | €159k | €130k | €127k | ▼ 2.6% |
| Investment in fixed assets (approximation) | - | €-10k | €-33k | €-18k | €-5k | ▲ 74.7% |
| Change in cash | - | €58k | €96k | €-95k | €183k | ▲ 292% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €106k ▲39.2%
Operating result €173k, net result €106k, both a record.
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 115 days late
2022
31-12
Financial
Equity above €200kEq €269k ▲39.5%
2 profitable years in a row build equity to €269k.
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 109 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 125 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 64 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Burg-Reuland · 1 establishment unit since 2013
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.
Kemperberg, Ouren 604790 Burg-ReulandGround area
4,052 m²
Building footprint
1,504 m²
Parcel 82004C1006/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MARED INDOOR
since 20132.223.232.872
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82004C1006/00M000 | Wallonia | 4,052 m² | 1 · 1,504 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGouvy2.223.232.872
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 6,769 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
Founded14-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
93299Other amusement and recreation activities
56112Limited-service restaurants, excluding mobile food services
68201Renting and operating of own or leased residential real estate, excluding social housing
93110Operation of sports facilities
Scores and ratios are computed by Checked and are not a credit decision.