MARGO
ActiveSummary
The computed 12-month bankruptcy probability of MARGO is 2.0% (moderate). The 2025 annual accounts show equity of €5k and a net result of €232. Its solvency ranks better than 27% of 27965 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability40
Solvency51
Growth-
Track record67
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€5k
Total assets
€20k
Net result
€232
Working capital
€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €20k
Equity
€5k
Debt
€15k
Debt finances 74.2% of the balance-sheet total.
Key figures and ratios
Current ratio
1.35
Debt to equity
2.88
ROE
4.4%
ROA
1.1%
Debt ≤ 1 year
€15k
Income taxes
€166
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet
Code2025
Assets
Total assets20/58€20k
Current assets29/58€20k
Amounts receivable within one year40/41€8k
Trade receivables40€8k
Cash at bank and in hand54/58€13k
Equity and liabilities
Total equity and liabilities10/49€20k
Equity10/15€5k
Contributions10/11€5k
Profit (loss) carried forward14€232
Amounts payable17/49€15k
Amounts payable within one year42/48€15k
Trade debts44€416
Suppliers440/4€416
Advances received on contracts in progress46€13k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Other amounts payable47/48€270
Income statement
Code2025
Gross operating margin9900€491
Operating profit (loss)9901€491
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€398
Income taxes67/77€166
Profit (loss) for the period9904€232
Profit (loss) for the period to be appropriated9905€232
Appropriation of the result
Profit (loss) to be appropriated9906€232
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Gross operating margin9900 | €491 |
| Operating profit (loss)9901 | €491 |
| Financial charges65/66B | €94 |
| Recurring financial charges65 | €94 |
| Profit (loss) for the period before taxes9903 | €398 |
| Income taxes67/77 | €166 |
| Profit (loss) for the period9904 | €232 |
| Profit (loss) for the period to be appropriated9905 | €232 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €20k | |
| Current assets29/58 | €20k | |
| Amounts receivable within one year40/41 | €8k | |
| Trade receivables40 | €8k | |
| Cash at bank and in hand54/58 | €13k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €20k | |
| Equity10/15 | €5k | |
| Contributions10/11 | €5k | |
| Profit (loss) carried forward14 | €232 | |
| Amounts payable17/49 | €15k | |
| Amounts payable within one year42/48 | €15k | |
| Trade debts44 | €416 | |
| Suppliers440/4 | €416 | |
| Advances received on contracts in progress46 | €13k | |
| Taxes, remuneration and social security45 | €1k | |
| Taxes450/3 | €1k | |
| Other amounts payable47/48 | €270 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €232 |
| Operating cash flow (approximation) | €232 |
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
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Estinnes · 1 establishment unit since 2025
Ground area
239 m²
Building footprint
80 m²
Volume, LiDAR
697 m³
Parcel 56080A0102/00P004, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Oscar Marcq(VBR) 7, 7120 Estinnes
since 20252.377.962.423
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56080A0102/00P004 | Wallonia | 239 m² | 1 · 80 m² | 10.2 m · 3 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.
Similar companies · same sector, comparable size
Cevesco
BE 1026.188.932
Herzele · Eq €5,233
Beckers Windows
BE 1025.169.145
Maasmechelen · Eq €5,240
Maak.
BE 1030.452.180
Wielsbeke · Eq €5,215
FLP création
BE 1018.661.336
Sprimont · Eq €5,252
STUDIO RENO
BE 1012.991.685
Liedekerke · Eq €5,210
Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 3,174 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
Founded29-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
43350Other building finishing work
43600Specialised construction activities
Contact
E-mail
florence.aulit@belnot.be
Scores and ratios are computed by Checked and are not a credit decision.