MARELLI
ActiveMARELLI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €550k and a net result of €121k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-5
Solvency97▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 2.93 in 2023; short-term debt: 28.1% and cash: 51.1% of total assets), and 28.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
71.9%
Return on assets
15.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
on the day
2022
1 d late
2021
8 d late
2020
4 d early
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€550k▲ 15.9%
2023 · €474k
2018: €229k
2019: €273k
2020: €277k
2021: €349k
2022: €388k
2023: €474k
2018 → 2024
Total assets
€764k▲ 8.8%
2023 · €702k
2018: €362k
2019: €334k
2020: €328k
2021: €459k
2022: €563k
2023: €702k
2018 → 2024
Net result
€121k▼ 10.6%
2023 · €135k
2018: €49k
2019: €45k
2020: €5k
2021: €72k
2022: €71k
2023: €135k
2018 → 2024
Working capital
€519k▲ 17.7%
2023 · €441k
2018: €210k
2019: €229k
2020: €242k
2021: €315k
2022: €353k
2023: €441k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€277k-€349k▲ 25.8%€388k▲ 11.2%€474k▲ 22.2%€550k▲ 15.9%
Operating result€4k-€100k▲ 2,195%€99k▼ 1.6%€192k▲ 94.6%€169k▼ 11.7%
Net result€5k-€72k▲ 1,421%€71k▼ 1.3%€135k▲ 88.9%€121k▼ 10.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €764k
Fixed assets
€31k▼ 7.9%
Current assets
€733k▲ 9.7%
Equity and liabilities €764k
Equity
€550k▲ 15.9%
Debt
€214k▼ 5.9%
The debt ratio falls from 32.4% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2023 · €195k
Cash flow
€124k▼
2023 · €138k
Solvency
71.9%▲
2023 · 67.6%
Current ratio
3.42▲
2023 · 2.93
Quick ratio
3.40▲
2023 · 2.91
Debt / equity
0.39▼
2023 · 0.48
ROE
22.0%▼
2023 · 28.5%
ROA
15.8%▼
2023 · 19.2%
Interest coverage
304.54▼
2023 · 1027.74
Debt
€214k▼
2023 · €228k
Debt ≤ 1 year
€214k▼
2023 · €228k
Income taxes
€51k▼
2023 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€702k€764k▲
Fixed assets21/28€34k€31k▼
Intangible fixed assets21€2k€313▼
Tangible fixed assets22/27€30k€29k▼
Land and buildings22€29k€28k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€1k€1k▼
Current assets29/58€668k€733k▲
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€186k€236k▲
Trade receivables40€156k€206k▲
Other amounts receivable41€30k€30k=
Current investments50/53-€99k
Cash at bank and in hand54/58€417k€390k▼
Deferred charges and accrued income490/1€60k€5k▼
Equity and liabilities
Total equity and liabilities10/49€702k€764k▲
Equity10/15€474k€550k▲
Contributions10/11€12k€12k=
Reserves13€328k€404k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€327k€403k▲
Profit (loss) carried forward14€133k€133k=
Investment grants15€661-
Amounts payable17/49€228k€214k▼
Amounts payable within one year42/48€228k€214k▼
Trade debts44€146k€88k▼
Suppliers440/4€140k€88k▼
Bills of exchange payable441€6k-
Advances received on contracts in progress46-€36k
Taxes, remuneration and social security45€31k€90k▲
Taxes450/3€31k€44k▲
Remuneration and social security454/9-€47k
Other amounts payable47/48€51k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€727€582▼
Gross operating margin9900€196k€173k▼
Operating profit (loss)9901€192k€169k▼
Financial income75/76B€663€3k▲
Recurring financial income75€663€3k▲
Financial charges65/66B€190€567▲
Recurring financial charges65€190€567▲
Profit (loss) for the period before taxes9903€192k€171k▼
Income taxes67/77€57k€51k▼
Profit (loss) for the period9904€135k€121k▼
Profit (loss) for the period to be appropriated9905€135k€121k▼
Appropriation of the result
Profit (loss) to be appropriated9906€268k€253k▼
Profit (loss) brought forward from the previous period14P€133k€133k=
Transfer from equity791/2€48k€45k▼
Transfer to equity691/2€135k€121k▼
To other reserves6921€135k€121k▼
Profit to be distributed694/7€48k€45k▼
Return on contributions (dividend)694€48k€45k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €550k ▲15.9%
7 profitable years in a row build equity to €550k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €135k ▲88.9%
Operating result €192k, net result €135k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €5k ▼89.5%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vorst · 1 establishment unit since 2016
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.
Bollinckxstraat 241-31190 VorstGround area
2,946 m²
Building footprint
1,047 m²
Volume, LiDAR
6,384 m³
Parcel 21384D0001/00Y004, Brussels · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Marelli
since 20162.253.796.780
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0001/00Y004 | Brussels | 2,946 m² | 1 · 1,047 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 1,075 companies in sector 46140 we hold annual accounts for 644. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2007
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.