Equity
Equity rose in 2025 from €283,935 to €400,386.
Equity rose in 2025 from €283,935 to €400,386.
The micro format states no turnover.
Short-term debts fell from €195,527 to €143,706.
The last five annual accounts were filed 0 to 7 days before the end of the period.
Higher net result than 88% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.
In July 2024, 6,782 companies had the same profile as MARELI CONSTRUCT has now. Each dot stands for 17 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for MARELI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MARELI CONSTRUCT Lievegem | €549,561 | €161,866 | 72.9% | - |
| EBL CONSULTING Ghent | €539,945 | €164,663 | 25.7% | - |
| Jeroen Van Eeghem Kruisem | €545,717 | €150,766 | 27.3% | - |
| Mirwaton Dendermonde | €518,499 | €145,701 | 90.0% | - |
| IMC Destelbergen | €479,690 | €163,786 | 45.8% | - |
| JOGG Sint-Martens-Latem | €512,810 | €146,756 | 23.4% | - |
| TDOCM Herzele | €578,557 | €146,276 | 64.0% | - |
These companies have the same main activity as MARELI CONSTRUCT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €480,000 and €579,000, founded between 2020 and 2021.
MARELI CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €87,512 in 2021 to €161,866 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €230,000 and €330,000.
Higher than 69% of 39,376 companies in 2025.
Higher than 71% of 38,058 companies in 2025.
Higher than 60% of 38,530 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
549,561 | 485,270 | 353,537 | 245,592 | 142,842 | |
21/28 |
2,550 | 4,753 | 16,789 | 28,824 | 35,616 | |
22/27 |
2,550 | 4,753 | 16,789 | 28,824 | 35,616 | |
24 |
2,550 | 4,753 | 16,789 | 28,824 | 35,616 | |
29/58 |
547,011 | 480,517 | 336,748 | 216,768 | 107,227 | |
40/41 |
74,124 | 74,108 | 65,454 | 65,340 | 50,820 | |
40 |
74,124 | 70,055 | 65,340 | 65,340 | 50,820 | |
41 |
0 | 4,053 | 114 | - | - | |
54/58 |
472,239 | 405,856 | 270,889 | 151,037 | 56,407 | |
490/1 |
649 | 552 | 405 | 391 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
549,561 | 485,270 | 353,537 | 245,592 | 142,842 | |
10/15 |
400,386 | 283,935 | 280,569 | 175,025 | 91,070 | |
10/11 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | |
13 |
370,386 | 253,935 | 250,569 | 145,025 | 61,070 | |
133 |
370,386 | 253,935 | 250,569 | 145,025 | 61,070 | |
14 |
0 | 0 | - | - | - | |
17/49 |
149,175 | 201,336 | 72,967 | 70,567 | 51,772 | |
42/48 |
143,706 | 195,527 | 69,476 | 68,100 | 51,003 | |
44 |
2,823 | 1,334 | 2,399 | 2,913 | 749 | |
440/4 |
2,823 | 1,334 | 2,399 | 2,913 | 749 | |
45 |
21,049 | 72,851 | 35,070 | 36,264 | 21,488 | |
450/3 |
21,049 | 72,851 | 35,070 | 36,264 | 21,488 | |
47/48 |
119,834 | 121,342 | 32,007 | 28,922 | 28,766 | |
492/3 |
5,469 | 5,809 | 3,492 | 2,468 | 769 | |
| Income statement | ||||||
9900 |
161,866 | 155,383 | 151,975 | 121,807 | 87,512 | |
630 |
3,330 | 12,035 | 12,035 | 11,696 | 8,219 | |
640/8 |
1,284 | 1,893 | 691 | 522 | 1,385 | |
9901 |
157,253 | 141,455 | 139,249 | 109,589 | 77,908 | |
75/76B |
104 | 53 | 56 | 0 | 98 | |
75 |
104 | 53 | 56 | 0 | 98 | |
65/66B |
5,848 | 2,467 | 1,660 | 1,254 | 841 | |
65 |
5,848 | 2,467 | 1,660 | 1,254 | 841 | |
9903 |
151,509 | 139,041 | 137,645 | 108,335 | 77,166 | |
67/77 |
35,057 | 35,676 | 32,100 | 24,381 | 16,095 | |
9904 |
116,451 | 103,365 | 105,545 | 83,954 | 61,070 | |
9905 |
116,451 | 103,365 | 105,545 | 83,954 | 61,070 | |
| Appropriation of the result | ||||||
9906 |
116,451 | 103,365 | 105,545 | 83,954 | 61,070 | |
791/2 |
0 | 100,000 | - | - | - | |
691/2 |
116,451 | 103,365 | 105,545 | 83,954 | 61,070 | |
6921 |
116,451 | 103,365 | 105,545 | 83,954 | 61,070 | |
694/7 |
0 | 100,000 | - | - | - | |
694 |
0 | 100,000 | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00019884 | |
| 30-06-2024 | micro format | 24-01-2025 | 2025-00015529 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00026319 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00023017 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03600251 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 160,583 | 153,491 | 151,284 | 121,285 | 86,127 | ||
| 119,781 | 115,401 | 117,580 | 95,650 | 69,289 | ||
| 1,126 | 0 | 0 | 4,904 | 43,835 | ||
| 66,382 | 134,968 | 119,852 | 94,631 | - | ||
| 403,305 | 284,990 | 267,272 | 148,668 | 56,224 | ||
| 72.9% | 58.5% | 79.4% | 71.3% | 63.8% | ||
| 3.81 | 2.46 | 4.85 | 3.18 | 2.10 | ||
| 0.37 | 0.71 | 0.26 | 0.40 | 0.57 | ||
| 29.1% | 36.4% | 37.6% | 48.0% | 67.1% | ||
| 21.2% | 21.3% | 29.9% | 34.2% | 42.8% | ||
| 27.46 | 62.22 | 91.11 | 96.72 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,126 | - | - | €4,904 |
| €3,330 | €12,035 | €12,035 | €11,696 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 11% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Debt's share of the balance-sheet total falls from 41.5% to 27.1%. Equity is higher and debt is lower.
MARELI CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. MARELI CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Langeboeken 6 registered office 9930 Lievegem | 08-09-2020 | 2.306.884.385 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44080B0031/00F000 | 2,156 m² | 1 · 284 m² | 10.1 m · 2 |
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