MAREJIS
ActiveSummary
MAREJIS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €611k and a net result of €377k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+24
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
short-term debt: 0.5% and cash: 74.4% of total assets, and 2.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
97.2%
Return on assets
60%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
2 d early
2023
12 d early
2022
11 d early
2021
6 d early
2020
1 d late
2019
4 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€377k▲ 2,389%
2024 · €15k
2018: €4klowest in 8 years
2019: €5k▲ +31.8% vs 2018
2020: €18k▲ +234% vs 2019
2021: €17k▼ -6.0% vs 2020
2022: €12k▼ -25.5% vs 2021
2023: €10k▼ -21.5% vs 2022
2024: €15k▲ +55.0% vs 2023
2025: €377k▲ +2389% vs 2024highest in 8 years
2018 → 2025
Working capital
€498k▲ 686%
2024 · €63k
2018: €-50klowest in 8 years
2019: €-36k▲ +29.0% vs 2018
2020: €-8k▲ +77.4% vs 2019
2021: €-7k▲ +18.1% vs 2020
2022: €12k▲ +283% vs 2021
2023: €35k▲ +193% vs 2022
2024: €63k▲ +80.0% vs 2023
2025: €498k▲ +686% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€203k-€214k▲ 5.3%€222k▲ 3.8%€236k▲ 6.1%€611k▲ 159%
2021: €203klowest in 5 years
2022: €214k▲ +5.3% vs 2021
2023: €222k▲ +3.8% vs 2022
2024: €236k▲ +6.1% vs 2023
2025: €611k▲ +159% vs 2024highest in 5 years
Operating result€27k-€21k▼ 22.5%€18k▼ 15.7%€25k▲ 39.2%€555k▲ 2,137%
2021: €27k
2022: €21k▼ -22.5% vs 2021
2023: €18k▼ -15.7% vs 2022lowest in 5 years
2024: €25k▲ +39.2% vs 2023
2025: €555k▲ +2137% vs 2024highest in 5 years
Net result€17k-€12k▼ 25.5%€10k▼ 21.5%€15k▲ 55.0%€377k▲ 2,389%
2021: €17k
2022: €12k▼ -25.5% vs 2021
2023: €10k▼ -21.5% vs 2022lowest in 5 years
2024: €15k▲ +55.0% vs 2023
2025: €377k▲ +2389% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,137% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €629k
Fixed assets
€128k ▼ 31.3%
Current assets
€501k ▲ 568%
Equity and liabilities €629k
Equity
€611k ▲ 159%
Debt
€18k ▼ 32.3%
Debt's share of the balance-sheet total falls from 10.0% to 2.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€589k▲
2024 · €39k
Cash flow
€412k▲
2024 · €30k
Debt to equity
0.03▼
2024 · 0.11
ROE
61.7%▲
2024 · 6.4%
ROA
60.0%▲
2024 · 5.8%
Interest coverage
918.39▲
2024 · 44.75
Debt ≤ 1 year
€3k▼
2024 · €12k
Debt > 1 year
€15k=
2024 · €15k
Income taxes
€177k▲
2024 · €9k
A ratio outside any meaningful range has been withheld (balance sheet total €629k, equity €611k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€629k▲
Fixed assets21/28€187k€128k▼
Tangible fixed assets22/27€187k€128k▼
Land and buildings22€185k€128k▼
Furniture and vehicles24€2k€88▼
Financial fixed assets28€109€109=
Current assets29/58€75k€501k▲
Amounts receivable within one year40/41-€12k
Other amounts receivable41-€12k
Current investments50/53€14k€14k=
Cash at bank and in hand54/58€57k€468k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€262k€629k▲
Equity10/15€236k€611k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€93k€468k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€83k€459k▲
Profit (loss) carried forward14€69k€69k=
Amounts payable17/49€26k€18k▼
Amounts payable after more than one year17€15k€15k=
Other amounts payable178/9€15k€15k=
Amounts payable within one year42/48€12k€3k▼
Trade debts44€519€59▼
Suppliers440/4€519€59▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€4k€72▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€34k▲
Other operating charges640/8€10k€9k▼
Gross operating margin9900€49k€599k▲
Operating profit (loss)9901€25k€555k▲
Financial income75/76B-€380
Recurring financial income75-€380
Financial charges65/66B€882€642▼
Recurring financial charges65€882€642▼
Profit (loss) for the period before taxes9903€24k€555k▲
Income taxes67/77€9k€177k▲
Profit (loss) for the period9904€15k€377k▲
Profit (loss) for the period to be appropriated9905€15k€377k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€447k▲
Profit (loss) brought forward from the previous period14P-€69k
Transfer from equity791/2€69k-
Transfer to equity691/2€13k€376k▲
To other reserves6921€13k€376k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €39k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €14k | €15k | €15k | €34k | ▲ 134% |
| Other operating charges640/8 | €10k | €11k | €12k | €10k | €9k | ▼ 6.5% |
| Gross operating margin9900 | €50k | €46k | €45k | €49k | €599k | ▲ 1,113% |
| Operating profit (loss)9901 | €27k | €21k | €18k | €25k | €555k | ▲ 2,137% |
| Financial income75/76B | - | - | €0 | - | €380 | - |
| Recurring financial income75 | - | - | €0 | - | €380 | - |
| Financial charges65/66B | €2k | €2k | €2k | €882 | €642 | ▼ 27.2% |
| Recurring financial charges65 | €2k | €2k | €2k | €882 | €642 | ▼ 27.2% |
| Profit (loss) for the period before taxes9903 | €25k | €19k | €16k | €24k | €555k | ▲ 2,218% |
| Income taxes67/77 | €9k | €7k | €6k | €9k | €177k | ▲ 1,924% |
| Profit (loss) for the period9904 | €17k | €12k | €10k | €15k | €377k | ▲ 2,389% |
| Profit (loss) for the period to be appropriated9905 | €17k | €12k | €10k | €15k | €377k | ▲ 2,389% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €263k | €274k | €248k | €262k | €629k | ▲ 140% |
| Fixed assets21/28 | €224k | €217k | €202k | €187k | €128k | ▼ 31.3% |
| Tangible fixed assets22/27 | €224k | €217k | €202k | €187k | €128k | ▼ 31.3% |
| Land and buildings22 | €218k | €207k | €196k | €185k | €128k | ▼ 30.6% |
| Plant, machinery and equipment23 | €2k | €2k | €750 | - | - | - |
| Furniture and vehicles24 | €3k | €8k | €5k | €2k | €88 | ▼ 95.5% |
| Financial fixed assets28 | €109 | €109 | €109 | €109 | €109 | = |
| Current assets29/58 | €39k | €58k | €47k | €75k | €501k | ▲ 568% |
| Amounts receivable within one year40/41 | - | - | - | - | €12k | - |
| Other amounts receivable41 | - | - | - | - | €12k | - |
| Current investments50/53 | €15k | €15k | €15k | €14k | €14k | = |
| Cash at bank and in hand54/58 | €16k | €37k | €28k | €57k | €468k | ▲ 726% |
| Deferred charges and accrued income490/1 | €8k | €6k | €4k | €4k | €6k | ▲ 52.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €263k | €274k | €248k | €262k | €629k | ▲ 140% |
| Equity10/15 | €203k | €214k | €222k | €236k | €611k | ▲ 159% |
| Contributions10/11 | €74k | €74k | €74k | €74k | €74k | = |
| Capital10 | €74k | €74k | €74k | €74k | €74k | = |
| Issued capital100 | €74k | €74k | €74k | €74k | €74k | = |
| Reserves13 | €60k | €71k | €79k | €93k | €468k | ▲ 405% |
| Non-distributable reserves130/1 | €9k | €9k | €9k | €9k | €9k | = |
| Legal reserve130 | €9k | €9k | €9k | €9k | €9k | = |
| Distributable reserves133 | €51k | €62k | €70k | €83k | €459k | ▲ 451% |
| Profit (loss) carried forward14 | €69k | €69k | €69k | €69k | €69k | = |
| Amounts payable17/49 | €60k | €60k | €26k | €26k | €18k | ▼ 32.3% |
| Amounts payable after more than one year17 | €15k | €15k | €15k | €15k | €15k | = |
| Other amounts payable178/9 | €15k | €15k | €15k | €15k | €15k | = |
| Amounts payable within one year42/48 | €45k | €46k | €11k | €12k | €3k | ▼ 72.8% |
| Trade debts44 | €425 | €473 | €550 | €519 | €59 | ▼ 88.6% |
| Suppliers440/4 | €425 | €473 | €550 | €519 | €59 | ▼ 88.6% |
| Taxes, remuneration and social security45 | €8k | €11k | €4k | €7k | €3k | ▼ 58.4% |
| Taxes450/3 | €8k | €11k | €4k | €7k | €3k | ▼ 58.4% |
| Other amounts payable47/48 | €37k | €35k | €7k | €4k | €72 | ▼ 98.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €12k | €10k | €15k | €377k | ▲ 2,389% |
| + Depreciation and write-downs630 | €13k | €14k | €15k | €15k | €34k | ▲ 134% |
| Operating cash flow (approximation) | €30k | €27k | €25k | €30k | €412k | ▲ 1,281% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €0 | €24k | - |
| Change in cash | - | €21k | €-9k | €29k | €411k | ▲ 1,339% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €377k ▲2,389%
Operating result €555k, net result €377k, both a record.
31-12
Financial
Liquidity times 25current ratio 157.55
Current ratio from 6.42 to 157.55; short-term debt falls from €12k to €3k.
31-12
Financial
Equity above €500kEq €611k ▲159%
8 profitable years in a row build equity to €611k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.07
Current ratio from 1.26 to 4.07; short-term debt falls from €46k to €11k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
20-12
Financial
Equity above €200kEq €208k ▲8.4%
3 profitable years in a row build equity to €208k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
Show earlier events
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Dilbeek · 1 establishment unit since 2000
Ground area
2,195 m²
Building footprint
274 m²
Volume, LiDAR
1,512 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Jan De Trochstraat 109, 1703 Dilbeek
since 20002.097.184.540
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070D0016/00C000 | Flanders | 1,401 m² | 1 · 274 m² | 8.5 m · 2 fl. |
| 23070C0213/00F000 | Flanders | 794 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755007Y1F72ZY9RT381
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 32,916 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
Founded27-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.