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MAREY

Active
Private limited companyfounded 2023active for 2 yearsKerkstraat 91, 1790 Affligem, BelgiumKBO/BCE: BE 1002.581.013
Summary

The computed 12-month bankruptcy probability of MAREY is 11.8% (high). The 2024 annual accounts show equity of €23,847 and a net result of €48,347. Its solvency ranks better than 42% of 36,379 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€59,933total assets 2024
Equity
€23,847
Profit
€48,347
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.8%
Structure
Accounts filed 95 days late1 of 2 deeds read
Why 32raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 95 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 03-11-2025)Founded in 2023Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 65
equity 39.8% of total assets
Liquidity 20
short-term debt 60.2% · cash 1.5%
Profitability 100
return on assets 80.7%
Bankruptcy probability, 12 months
11.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)
Last 24 months 12-2024: 1.9%lowest value 01-2025: 1.9%● unchanged vs 12-2024lowest value 02-2025: 2.0%▲ +0.1 percentage points vs 01-2025 03-2025: 2.3%▲ +0.3 percentage points vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.7%▲ +0.3 percentage points vs 04-2025 06-2025: 2.7%● unchanged vs 05-2025 07-2025: 3.0%▲ +0.3 percentage points vs 06-2025 08-2025: 2.9%▼ -0.1 percentage points vs 07-2025 09-2025: 2.9%● unchanged vs 08-2025 10-2025: 5.5%▲ +2.6 percentage points vs 09-2025 11-2025: 5.6%▲ +0.1 percentage points vs 10-2025 12-2025: 6.2%▲ +0.6 percentage points vs 11-2025 01-2026: 6.2%● unchanged vs 12-2025 02-2026: 6.2%● unchanged vs 01-2026 03-2026: 6.2%● unchanged vs 02-2026 04-2026: 7.3%▲ +1.1 percentage points vs 03-2026 05-2026: 7.8%▲ +0.5 percentage points vs 04-2026 06-2026: 7.9%▲ +0.1 percentage points vs 05-2026 07-2026: 7.8%▼ -0.1 percentage points vs 06-2026 08-2026: 8.6%▲ +0.8 percentage points vs 07-2026 09-2026: 8.8%▲ +0.2 percentage points vs 08-2026 10-2026: 11.8%▲ +3.0 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.32; short-term debt: 60.2% and cash: 1.5% of total assets), and 60.2% of the assets are financed with debt.
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 43, micro): better than 43% on solvency, 11% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 10-10-2026 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

Five signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 95 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 03-11-2025)
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
95 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 95 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 95 days View
  • Positive: Among the best 14% on net resultsector median €9,293 · 36,346 companies €48,347 View
  • Total assets 2024first financial year filed €59,933 View

By topic

Financials

Financial year
2024
Total assets
€59,933
Profit
€48,347
Solvency
39.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
23-11-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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