MARELI CONSTRUCT
ActiveSummary
MARELI CONSTRUCT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €400k and a net result of €116k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95=
Solvency98▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 2.46 in 2024; short-term debt: 26.1% and cash: 85.9% of total assets), and 27.1% 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+raises 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 →
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 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
72.9%
Return on assets
21.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
2023
on the day
2022
on the day
2021
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€400k▲ 41.0%
2024 · €284k
2021: €91klowest in 5 years
2022: €175k▲ +92.2% vs 2021
2023: €281k▲ +60.3% vs 2022
2024: €284k▲ +1.2% vs 2023
2025: €400k▲ +41.0% vs 2024highest in 5 years
2021 → 2025
Total assets
€550k▲ 13.2%
2024 · €485k
2021: €143klowest in 5 years
2022: €246k▲ +71.9% vs 2021
2023: €354k▲ +44.0% vs 2022
2024: €485k▲ +37.3% vs 2023
2025: €550k▲ +13.2% vs 2024highest in 5 years
2021 → 2025
Net result
€116k▲ 12.7%
2024 · €103k
2021: €61klowest in 5 years
2022: €84k▲ +37.5% vs 2021
2023: €106k▲ +25.7% vs 2022
2024: €103k▼ -2.1% vs 2023
2025: €116k▲ +12.7% vs 2024highest in 5 years
2021 → 2025
Working capital
€403k▲ 41.5%
2024 · €285k
2021: €56klowest in 5 years
2022: €149k▲ +164% vs 2021
2023: €267k▲ +79.8% vs 2022
2024: €285k▲ +6.6% vs 2023
2025: €403k▲ +41.5% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€175k▲ 92.2%€281k▲ 60.3%€284k▲ 1.2%€400k▲ 41.0%
2021: €91klowest in 5 years
2022: €175k▲ +92.2% vs 2021
2023: €281k▲ +60.3% vs 2022
2024: €284k▲ +1.2% vs 2023
2025: €400k▲ +41.0% vs 2024highest in 5 years
Operating result€78k-€110k▲ 40.7%€139k▲ 27.1%€141k▲ 1.6%€157k▲ 11.2%
2021: €78klowest in 5 years
2022: €110k▲ +40.7% vs 2021
2023: €139k▲ +27.1% vs 2022
2024: €141k▲ +1.6% vs 2023
2025: €157k▲ +11.2% vs 2024highest in 5 years
Net result€61k-€84k▲ 37.5%€106k▲ 25.7%€103k▼ 2.1%€116k▲ 12.7%
2021: €61klowest in 5 years
2022: €84k▲ +37.5% vs 2021
2023: €106k▲ +25.7% vs 2022
2024: €103k▼ -2.1% vs 2023
2025: €116k▲ +12.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €550k
Fixed assets
€3k ▼ 46.4%
Current assets
€547k ▲ 13.8%
Equity and liabilities €550k
Equity
€400k ▲ 41.0%
Debt
€149k ▼ 25.9%
Debt's share of the balance-sheet total falls from 41.5% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161k▲
2024 · €153k
Cash flow
€120k▲
2024 · €115k
Current ratio
3.81▲
2024 · 2.46
Debt to equity
0.37▼
2024 · 0.71
ROE
29.1%▼
2024 · 36.4%
ROA
21.2%▼
2024 · 21.3%
Interest coverage
27.46▼
2024 · 62.22
Debt ≤ 1 year
€144k▼
2024 · €196k
Income taxes
€35k▼
2024 · €36k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€485k€550k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€481k€547k▲
Amounts receivable within one year40/41€74k€74k=
Trade receivables40€70k€74k▲
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€406k€472k▲
Deferred charges and accrued income490/1€552€649▲
Equity and liabilities
Total equity and liabilities10/49€485k€550k▲
Equity10/15€284k€400k▲
Contributions10/11€30k€30k=
Reserves13€254k€370k▲
Distributable reserves133€254k€370k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€201k€149k▼
Amounts payable within one year42/48€196k€144k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€73k€21k▼
Taxes450/3€73k€21k▼
Other amounts payable47/48€121k€120k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€3k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€155k€162k▲
Operating profit (loss)9901€141k€157k▲
Financial income75/76B€53€104▲
Recurring financial income75€53€104▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€139k€152k▲
Income taxes67/77€36k€35k▼
Profit (loss) for the period9904€103k€116k▲
Profit (loss) for the period to be appropriated9905€103k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€116k▲
Transfer from equity791/2€100k€0▼
Transfer to equity691/2€103k€116k▲
To other reserves6921€103k€116k▲
Profit to be distributed694/7€100k€0▼
Return on contributions (dividend)694€100k€0▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €12k | €12k | €12k | €3k | ▼ 72.3% |
| Other operating charges640/8 | - | €522 | €691 | €2k | €1k | ▼ 32.2% |
| Gross operating margin9900 | €88k | €122k | €152k | €155k | €162k | ▲ 4.2% |
| Operating profit (loss)9901 | €78k | €110k | €139k | €141k | €157k | ▲ 11.2% |
| Financial income75/76B | - | €0 | €56 | €53 | €104 | ▲ 94.9% |
| Recurring financial income75 | €98 | €0 | €56 | €53 | €104 | ▲ 94.9% |
| Financial charges65/66B | - | €1k | €2k | €2k | €6k | ▲ 137% |
| Recurring financial charges65 | €841 | €1k | €2k | €2k | €6k | ▲ 137% |
| Profit (loss) for the period before taxes9903 | €77k | €108k | €138k | €139k | €152k | ▲ 9.0% |
| Income taxes67/77 | €16k | €24k | €32k | €36k | €35k | ▼ 1.7% |
| Profit (loss) for the period9904 | €61k | €84k | €106k | €103k | €116k | ▲ 12.7% |
| Profit (loss) for the period to be appropriated9905 | €61k | €84k | €106k | €103k | €116k | ▲ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143k | €246k | €354k | €485k | €550k | ▲ 13.2% |
| Fixed assets21/28 | €36k | €29k | €17k | €5k | €3k | ▼ 46.4% |
| Tangible fixed assets22/27 | €36k | €29k | €17k | €5k | €3k | ▼ 46.4% |
| Furniture and vehicles24 | - | €29k | €17k | €5k | €3k | ▼ 46.4% |
| Current assets29/58 | €107k | €217k | €337k | €481k | €547k | ▲ 13.8% |
| Amounts receivable within one year40/41 | €51k | €65k | €65k | €74k | €74k | = |
| Trade receivables40 | - | €65k | €65k | €70k | €74k | ▲ 5.8% |
| Other amounts receivable41 | - | - | €114 | €4k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €56k | €151k | €271k | €406k | €472k | ▲ 16.4% |
| Deferred charges and accrued income490/1 | - | €391 | €405 | €552 | €649 | ▲ 17.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143k | €246k | €354k | €485k | €550k | ▲ 13.2% |
| Equity10/15 | €91k | €175k | €281k | €284k | €400k | ▲ 41.0% |
| Contributions10/11 | - | €30k | €30k | €30k | €30k | = |
| Reserves13 | €61k | €145k | €251k | €254k | €370k | ▲ 45.9% |
| Distributable reserves133 | - | €145k | €251k | €254k | €370k | ▲ 45.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €52k | €71k | €73k | €201k | €149k | ▼ 25.9% |
| Amounts payable within one year42/48 | €51k | €68k | €69k | €196k | €144k | ▼ 26.5% |
| Trade debts44 | €749 | €3k | €2k | €1k | €3k | ▲ 112% |
| Suppliers440/4 | - | €3k | €2k | €1k | €3k | ▲ 112% |
| Taxes, remuneration and social security45 | - | €36k | €35k | €73k | €21k | ▼ 71.1% |
| Taxes450/3 | - | €36k | €35k | €73k | €21k | ▼ 71.1% |
| Other amounts payable47/48 | - | €29k | €32k | €121k | €120k | ▼ 1.2% |
| Accrued charges and deferred income492/3 | - | €2k | €3k | €6k | €5k | ▼ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €84k | €106k | €103k | €116k | ▲ 12.7% |
| + Depreciation and write-downs630 | €8k | €12k | €12k | €12k | €3k | ▼ 72.3% |
| Operating cash flow (approximation) | €69k | €96k | €118k | €115k | €120k | ▲ 3.8% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €0 | €-1k | - |
| Change in cash | - | €95k | €120k | €135k | €66k | ▼ 50.8% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €116k ▲12.7%
Operating result €157k, net result €116k, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €281k ▲60.3%
3 profitable years in a row build equity to €281k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €175k ▲92.2%
2 profitable years in a row build equity to €175k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 2020
Ground area
2,156 m²
Building footprint
284 m²
Volume, LiDAR
1,503 m³
Parcel 44080B0031/00F000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Langeboeken 6, 9930 Lievegem
since 20202.306.884.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080B0031/00F000 | Flanders | 2,156 m² | 1 · 284 m² | 10.1 m · 2 fl. |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,364 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
Founded08-09-2020
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.