MARI-DEVA
ActiveSummary
The computed 12-month bankruptcy probability of MARI-DEVA is 1.7% (moderate). The 2024 annual accounts show negative equity (-€21,200) and a net result of €18,737. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 18940 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+34
Solvency21▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.41 in 2023; short-term debt: 32% and cash: 2.1% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-3.9%
Return on assets
3.5%
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
33 d early
2022
39 d early
2021
17 d early
2020
32 d early
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€21,200▲ 46.9%
2023 · -€39,937
Total assets
€537,839▼ 10.2%
2023 · €598,823
Net result
€18,737
2023 · -€20,503
Working capital
-€106,417▲ 11.5%
2023 · -€120,212
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€44,182€50,855▲ 15.1%-€12,697-€5,285▲ 58.4%€31,126
Net result€32,458above the sector's middle half€40,615above the sector's middle half▲ 25.1%-€24,615below the sector's middle half-€20,503below the sector's middle half▲ 16.7%€18,737within the sector's middle half
Equity-€35,434below the sector's middle half▲ 47.8%€5,181within the sector's middle half-€19,434below the sector's middle half-€39,937below the sector's middle half▼ 105%-€21,200below the sector's middle half▲ 46.9%
Total assets€673,646above the sector's middle half▼ 1.5%€676,962above the sector's middle half▲ 0.5%€651,107above the sector's middle half▼ 3.8%€598,823above the sector's middle half▼ 8.0%€537,839above the sector's middle half▼ 10.2%
Debt€709,080▼ 5.7%€671,781▼ 5.3%€670,541▼ 0.2%€638,760▼ 4.7%€559,039▼ 12.5%
Working capital-€59,606below the sector's middle half▲ 57.2%-€37,724below the sector's middle half▲ 36.7%-€89,555below the sector's middle half▼ 137%-€120,212below the sector's middle half▼ 34.2%-€106,417below the sector's middle half▲ 11.5%
Solvency-5.3%within the sector's middle half▲ 4.7pp0.8%within the sector's middle half▲ 6.0pp-3.0%within the sector's middle half▼ 3.8pp-6.7%within the sector's middle half▼ 3.7pp-3.9%within the sector's middle half▲ 2.7pp
Current ratio0.58within the sector's middle half▲ 0.330.75within the sector's middle half▲ 0.170.51within the sector's middle half▼ 0.240.41below the sector's middle half▼ 0.110.38below the sector's middle half▼ 0.02
Return on assets (ROA)4.8%within the sector's middle half▲ 8.0pp6.0%within the sector's middle half▲ 1.2pp-3.8%within the sector's middle half▼ 9.8pp-3.4%within the sector's middle half▲ 0.4pp3.5%within the sector's middle half▲ 6.9pp
Staff (FTE)4.1above the sector's middle half▲ 7.9%5.5▲ 34.1%4.8▼ 12.7%6.5▲ 35.4%2.6▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €31,126 after a loss of €5,285 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €537,839
Fixed assets
€472,153 ▼ 8.6%
Current assets
€65,685 ▼ 19.9%
Key figures and ratios
EBITDA
€81,496▲
2023 · €44,829
Cash flow
€69,108▲
2023 · €29,612
Quick ratio
0.17▼
2023 · 0.20
Debt to equity
-26.37▼
2023 · -15.99
Interest coverage
6.00▲
2023 · 2.99
Debt ≤ 1 year
€172,102▼
2023 · €202,188
Debt > 1 year
€385,915▼
2023 · €436,537
Income taxes
€221▼
2023 · €252
Staff costs
€94,784▼
2023 · €136,940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.1%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €307 | - |
| Remuneration, social security and pensions62 | - | €101,835 | €152,620 | €136,940 | €94,784 | ▼ 30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,847 | €50,496 | €48,723 | €50,115 | €50,371 | ▲ 0.5% |
| Other operating charges640/8 | - | €4,216 | €5,163 | €5,772 | €5,862 | ▲ 1.5% |
| Non-recurring operating charges66A | - | - | - | €585 | €519 | ▼ 11.4% |
| Gross operating margin9900 | €179,197 | €207,401 | €193,809 | €188,127 | €182,660 | ▼ 2.9% |
| Operating profit (loss)9901 | €44,182 | €50,855 | -€12,697 | -€5,285 | €31,126 | ▲ 689% |
| Financial income75/76B | - | €19 | €56 | €39 | €1,415 | ▲ 3,494% |
| Recurring financial income75 | €25 | €19 | €56 | €39 | €1,415 | ▲ 3,494% |
| Financial charges65/66B | - | €10,260 | €11,719 | €15,005 | €13,582 | ▼ 9.5% |
| Recurring financial charges65 | €11,749 | €10,260 | €11,719 | €15,005 | €13,582 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €32,458 | €40,615 | -€24,360 | -€20,251 | €18,958 | ▲ 194% |
| Income taxes67/77 | - | - | €255 | €252 | €221 | ▼ 12.1% |
| Profit (loss) for the period9904 | €32,458 | €40,615 | -€24,615 | -€20,503 | €18,737 | ▲ 191% |
| Profit (loss) for the period to be appropriated9905 | €32,458 | €40,615 | -€24,615 | -€20,503 | €18,737 | ▲ 191% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €673,646 | €676,962 | €651,107 | €598,823 | €537,839 | ▼ 10.2% |
| Fixed assets21/28 | €591,139 | €561,223 | €556,419 | €516,847 | €472,153 | ▼ 8.6% |
| Tangible fixed assets22/27 | €590,149 | €560,233 | €552,639 | €513,067 | €468,373 | ▼ 8.7% |
| Land and buildings22 | - | €164,429 | €153,429 | €142,429 | €131,429 | ▼ 7.7% |
| Plant, machinery and equipment23 | - | €107,065 | €111,103 | €104,149 | €95,696 | ▼ 8.1% |
| Furniture and vehicles24 | - | €11,972 | €16,101 | €13,030 | €9,959 | ▼ 23.6% |
| Other tangible fixed assets26 | - | €276,767 | €272,006 | €253,459 | €231,289 | ▼ 8.7% |
| Financial fixed assets28 | €990 | €990 | €3,780 | €3,780 | €3,780 | = |
| Current assets29/58 | €82,507 | €115,739 | €94,689 | €81,976 | €65,685 | ▼ 19.9% |
| Stocks and contracts in progress3 | €23,632 | €27,277 | €38,795 | €41,173 | €36,521 | ▼ 11.3% |
| Stocks30/36 | - | €27,277 | €38,795 | €41,173 | €36,521 | ▼ 11.3% |
| Amounts receivable within one year40/41 | €9,745 | €6,611 | €10,181 | €9,930 | €3,409 | ▼ 65.7% |
| Trade receivables40 | - | €5,705 | €9,258 | €9,030 | €1,726 | ▼ 80.9% |
| Other amounts receivable41 | - | €906 | €923 | €899 | €1,683 | ▲ 87.1% |
| Cash at bank and in hand54/58 | €46,605 | €79,591 | €21,641 | €10,603 | €11,260 | ▲ 6.2% |
| Deferred charges and accrued income490/1 | - | €2,261 | €24,072 | €20,270 | €14,495 | ▼ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €673,646 | €676,962 | €651,107 | €598,823 | €537,839 | ▼ 10.2% |
| Equity10/15 | -€35,434 | €5,181 | -€19,434 | -€39,937 | -€21,200 | ▲ 46.9% |
| Contributions10/11 | - | €68,600 | €68,600 | €68,600 | €68,600 | = |
| Reserves13 | €1,111 | €1,111 | €1,111 | €1,111 | €1,111 | = |
| Non-distributable reserves130/1 | - | €1,111 | €1,111 | - | - | - |
| Reserves not available under the articles1311 | - | €1,111 | €1,111 | - | - | - |
| Distributable reserves133 | - | - | - | €1,111 | €1,111 | = |
| Profit (loss) carried forward14 | -€105,145 | -€64,530 | -€89,145 | -€109,648 | -€90,911 | ▲ 17.1% |
| Amounts payable17/49 | €709,080 | €671,781 | €670,541 | €638,760 | €559,039 | ▼ 12.5% |
| Amounts payable after more than one year17 | €566,462 | €518,224 | €486,298 | €436,537 | €385,915 | ▼ 11.6% |
| Financial debts170/4 | - | €518,224 | €486,298 | €436,537 | €385,915 | ▼ 11.6% |
| Amounts payable within one year42/48 | €142,113 | €153,463 | €184,244 | €202,188 | €172,102 | ▼ 14.9% |
| Current portion of amounts payable after more than one year42 | - | €47,987 | €49,891 | €49,761 | €50,622 | ▲ 1.7% |
| Financial debts43 | - | €2,009 | €11,922 | €41,684 | €22,855 | ▼ 45.2% |
| Credit institutions430/8 | - | €1,994 | €9,983 | €41,388 | €22,835 | ▼ 44.8% |
| Other loans439 | - | €15 | €1,939 | €296 | €20 | ▼ 93.3% |
| Trade debts44 | €17,890 | €36,411 | €47,038 | €36,492 | €17,716 | ▼ 51.5% |
| Suppliers440/4 | - | €36,411 | €47,038 | €36,492 | €17,716 | ▼ 51.5% |
| Taxes, remuneration and social security45 | - | €22,577 | €27,048 | €22,701 | €23,372 | ▲ 3.0% |
| Taxes450/3 | - | €9,658 | €12,221 | €9,022 | €13,769 | ▲ 52.6% |
| Remuneration and social security454/9 | - | €12,919 | €14,827 | €13,679 | €9,602 | ▼ 29.8% |
| Other amounts payable47/48 | - | €44,479 | €48,344 | €51,550 | €57,537 | ▲ 11.6% |
| Accrued charges and deferred income492/3 | - | €94 | - | €35 | €1,021 | ▲ 2,828% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,458 | €40,615 | -€24,615 | -€20,503 | €18,737 | ▲ 191% |
| + Depreciation and write-downs630 | €48,847 | €50,496 | €48,723 | €50,115 | €50,371 | ▲ 0.5% |
| Operating cash flow (approximation) | €81,305 | €91,111 | €24,108 | €29,612 | €69,108 | ▲ 133% |
| Investment in fixed assets (approximation) | - | -€20,580 | -€43,919 | -€10,543 | -€5,677 | ▲ 46.2% |
| Change in cash | - | €32,986 | -€57,950 | -€11,037 | €657 | ▲ 106% |
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €18,737
Net result €18,737 after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€24,615
Net result drops to -€24,615, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €40,615 ▲25.1%
Operating result €50,855, net result €40,615, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €32,458
Net result €32,458 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Blankenberge · 1 establishment unit since 2004
Ground area
356 m²
Building footprint
243 m²
Volume, LiDAR
1,568 m³
Parcel 31004A0304/00A002, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE BOEIE
since 20042.135.719.967
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0304/00A002 | Flanders | 356 m² | 1 · 243 m² | 13.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,552 EUR awarded · 2,552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 630 EUR | 630 EUR |
| 2022 | 1 | 1,922 EUR | 1,922 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBlankenberge2.135.719.967
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 5,141 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
Founded25-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
46349Wholesale of beverages, general range
46370Wholesale trade
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0863651871
Registered
17-04-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.