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MARELEC FOOD TECHNOLOGIES

Active
Public limited companyfounded 2014active for 12 yearsWestendelaan 1, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0554.865.932
Summary

MARELEC FOOD TECHNOLOGIES has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21.9m and a net result of €5.8m. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 83% of 317 sector peers (NACE 28, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28292
Largest company by total assets in Nieuwpoort, Manufacturing sector2 sites
Size
€35.1mturnover 2024
Staff
106.5 FTE
Equity
€21.9m
Profit
€5.8m
Net result +75%: merger
Financial health
58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
SUPLUSCO HOLDING · 100%
Holdings
1
Auditor: BV PwC Bedrijfsrevisoren2025 accounts not filed, 89 days past the deadline18 of 26 deeds summarised
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 26-09-2025)1 change of registered office in 24 monthslowers riskSize: turnover €35.1m, 106.5 FTE, total assets €32.6mLiquidity: current ratio 2.85, cash €5.8mShow the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 88% of its sector peers (NACE 28, medium-sized)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 92+1
equity 67.2% of total assets
Liquidity 59+10
short-term debt 31.5% · cash 17.7%
Profitability 94+9
return on assets 17.7%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (101 companies, NACE 28, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.3 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €1,250,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.85, compared with 2.62 in 2023, above the usual 1.5; short-term debt: 31.5% and cash: 17.7% of total assets), and 32.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, medium-sized): better than 84% on solvency, 83% on liquidity, 97% on profitability and 88% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 26-09-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €35.1m, 106.5 FTE, total assets €32.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.85, cash €5.8m
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 56 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
56 days late
2023
58 days late
2022
99 days late
2021
2 days late
2020
58 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · Other provisionGazette deed
  2. Resignation: Reavest (member of the executive…Permanent representative: Rubben VANDEVYVERE
  3. Appointment: Gudrun Berta DANIELSDOTTIR (lid van…Registered-office move

Key points

  • Positive: Largest company by total assets in Nieuwpoort, Manufacturing sectorin the Checked rankings No. 1 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Result rose in 2024merger with MARELEC FOOD TECHNOLOGIES PROJECTS ▲ 74.9% View
  • 3 restructurings since 2024latest: branch transferred to MARLEN EUROPE 3 View
  • Controlled by SUPLUSCO HOLDINGthe company in turn controls 1 companies 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €5.8m 7 years View
  • Flemish supportawarded from 2022 to 2025 €542,156 View
  • New directorlatest change 20-04-2026 · 0 in office 1 joined View

By topic

Financials

Financial year
2024
Turnover
€35.1m
Profit
€5.8m
Solvency
67.2%
Turnover▲ 18.3%
Net result
20212024
Go to Financials

Network & group

Subsidiaries
1
Connected companies
3
Mergers and asset contributions
3

1 subsidiary

Go to Network & group

Timeline

Events
32
Since
2015
  1. 03-04-2026Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)
  2. 10-12-2025Resignation: BV ddOPS (managing director and member…
  3. 25-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28292
Founded
30-06-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Annual meeting
In May
Purpose
“Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op de fabricatie…” (deed in Dutch)
Go to Articles of association

Key facts about MARELEC FOOD TECHNOLOGIES

What is the company number of MARELEC FOOD TECHNOLOGIES?
0554.865.932. In Belgium the VAT number is the company number with BE in front: BE 0554.865.932.
Where is MARELEC FOOD TECHNOLOGIES based?
The registered office is at Westendelaan 1, 8620 Nieuwpoort.Company details
What does MARELEC FOOD TECHNOLOGIES do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28292).
What is the legal form of MARELEC FOOD TECHNOLOGIES?
Public limited company (NV).
When was MARELEC FOOD TECHNOLOGIES founded?
On 30-06-2014.
Is MARELEC FOOD TECHNOLOGIES still active?
Yes, MARELEC FOOD TECHNOLOGIES is an active enterprise in the KBO register.
How many employees does MARELEC FOOD TECHNOLOGIES have?
On average 106.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MARELEC FOOD TECHNOLOGIES?
€35.1m in financial year 2024, according to the filed annual accounts.
Is MARELEC FOOD TECHNOLOGIES profitable?
In financial year 2024, MARELEC FOOD TECHNOLOGIES made a profit of €5.8m.
Where can I find the annual accounts of MARELEC FOOD TECHNOLOGIES?
MARELEC FOOD TECHNOLOGIES filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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