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MARIEN

Active Risk: not assessed
Private limited companyfounded 200916 yrs activeLaar 223, 2180 Antwerpen, BelgiumKBO/BCE: BE 0820.303.264
Summary

MARIEN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11,690 and a net result of €134,820. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 1495 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1495 sector peers (2025).
NBB · sector comparison
Position among 1495 sector peers
Solvency
better than 10%
← weakest strongest →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
1 d early
2023
2 d early
2022
31 d late
2021
31 d late
2020
3 d late
2019
38 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 November 2009, MARIEN was incorporated.1 Total assets went from EUR 563,706 in 2018 to EUR 478,960 in 2025 and headcount from 3.4 to 4.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€11,690▲ 7.5%
2024 · €10,870
Net result
€134,820▲ 47.6%
2024 · €91,341
Total assets
€478,960▲ 3.2%
2024 · €464,108
Solvency
2.4%▲ 0.1pp
2024 · 2.3%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€128,057▲ 59.2%€72,915▼ 43.1%€276,610▲ 279%€101,853▼ 63.2%€138,211▲ 35.7%
Net result€117,003▲ 64.6%€65,863▼ 43.7%€260,951▲ 296%€91,341▼ 65.0%€134,820▲ 47.6%
Equity€8,215=€8,578▲ 4.4%€9,529▲ 11.1%€10,870▲ 14.1%€11,690▲ 7.5%
Total assets€538,412▲ 7.7%€518,662▼ 3.7%€650,449▲ 25.4%€464,108▼ 28.6%€478,960▲ 3.2%
Debt€530,198▲ 7.8%€510,084▼ 3.8%€640,920▲ 25.6%€453,238▼ 29.3%€467,270▲ 3.1%
Working capital-€48,334▼ 5.9%-€55,748▼ 15.3%-€94,585▼ 69.7%-€94,583=-€101,877▼ 7.7%
Solvency1.5%▼ 0.1pp1.7%▲ 0.1pp1.5%▼ 0.2pp2.3%▲ 0.9pp2.4%▲ 0.1pp
Staff (FTE)3.6▲ 9.1%3.6=3.4▼ 5.6%4.5▲ 32.4%4.7▲ 4.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Net result -65% on 2023. Cause not known from the registers.
  • 2023 Net result +296% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €128,057€128,057Net result 2021: €117,003€117,003Operating result 2022: €72,915€72,915Net result 2022: €65,863€65,863Operating result 2023: €276,610€276,610Net result 2023: €260,951€260,951Operating result 2024: €101,853€101,853Net result 2024: €91,341€91,341Operating result 2025: €138,211€138,211Net result 2025: €134,820€134,82020212022202320242025€0€100,000€200,000€300,000Operating result 2023: €276,610€277,000Net result 2023: €260,951€261,000Operating result 2024: €101,853€102,000Net result 2024: €91,341€91,300Operating result 2025: €138,211€138,000Net result 2025: €134,820€135,000202320242025
The operating result recovers in 2025; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €478,960
Fixed assets €271,512 ▼ 11.6%
Current assets €207,448 ▲ 32.2%
Equity and liabilities €478,960
Equity €11,690 ▲ 7.5%
Debt €467,270 ▲ 3.1%
Debt's share of the balance-sheet total falls from 97.7% to 97.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROA
28.1%▲
2024 · 19.7%
Debt ≤ 1 year
€309,325▲
2024 · €251,534
Debt > 1 year
€157,669▼
2024 · €201,440
Income taxes
€4,306▼
2024 · €4,525
Staff costs
€268,424▼
2024 · €277,153
A ratio outside any meaningful range has been withheld (balance sheet total €478,960, equity €11,690).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€464,108€478,960▲
Fixed assets21/28€307,157€271,512▼
Tangible fixed assets22/27€307,157€271,512▼
Land and buildings22€241,674€220,483▼
Plant, machinery and equipment23€12,492€6,784▼
Furniture and vehicles24€52,990€42,163▼
Assets under construction and advance payments27-€2,082
Current assets29/58€156,952€207,448▲
Amounts receivable within one year40/41€65,038€53,182▼
Trade receivables40€54,116€52,013▼
Other amounts receivable41€10,922€1,169▼
Cash at bank and in hand54/58€80,864€151,615▲
Deferred charges and accrued income490/1€11,050€2,651▼
Equity and liabilities
Total equity and liabilities10/49€464,108€478,960▲
Equity10/15€10,870€11,690▲
Contributions10/11€6,200€6,200=
Reserves13€4,670€5,490▲
Distributable reserves133€4,670€5,490▲
Amounts payable17/49€453,238€467,270▲
Amounts payable after more than one year17€201,440€157,669▼
Financial debts170/4€201,440€157,669▼
Amounts payable within one year42/48€251,534€309,325▲
Current portion of amounts payable after more than one year42€42,747€43,772▲
Trade debts44€74,705€58,367▼
Suppliers440/4€74,705€58,367▼
Advances received on contracts in progress46€1,000-
Taxes, remuneration and social security45€42,529€71,777▲
Taxes450/3€88€32,932▲
Remuneration and social security454/9€42,442€38,845▼
Other amounts payable47/48€90,553€135,409▲
Accrued charges and deferred income492/3€264€276▲
Income statement Code20242025
Remuneration, social security and pensions62€277,153€268,424▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,832€46,591▲
Other operating charges640/8€3,061€3,098▲
Gross operating margin9900€425,900€456,324▲
Operating profit (loss)9901€101,853€138,211▲
Financial income75/76B€159€5,739▲
Recurring financial income75€159€5,739▲
Financial charges65/66B€6,147€4,825▼
Recurring financial charges65€6,147€4,825▼
Profit (loss) for the period before taxes9903€95,866€139,126▲
Income taxes67/77€4,525€4,306▼
Profit (loss) for the period9904€91,341€134,820▲
Profit (loss) for the period to be appropriated9905€91,341€134,820▲
Appropriation of the result
Profit (loss) to be appropriated9906€91,341€134,820▲
Transfer to equity691/2€1,341€820▼
To other reserves6921€1,341€820▼
Profit to be distributed694/7€90,000€134,000▲
Directors or managers695€90,000€134,000▲
Social balance
Average headcount (FTE)90874.54.7▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€221,711€226,848€273,074€277,153€268,424▼ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,822€25,959€38,009€43,832€46,591▲ 6.3%
Other operating charges640/8€3,584€5,322€4,562€3,061€3,098▲ 1.2%
Gross operating margin9900€379,174€331,045€592,255€425,900€456,324▲ 7.1%
Operating profit (loss)9901€128,057€72,915€276,610€101,853€138,211▲ 35.7%
Financial income75/76B€117€1,225€281€159€5,739▲ 3,500%
Recurring financial income75€117€1,225€281€159€5,739▲ 3,500%
Financial charges65/66B€5,678€4,768€11,784€6,147€4,825▼ 21.5%
Recurring financial charges65€5,678€4,768€11,784€6,147€4,825▼ 21.5%
Profit (loss) for the period before taxes9903€122,496€69,373€265,106€95,866€139,126▲ 45.1%
Income taxes67/77€5,494€3,510€4,155€4,525€4,306▼ 4.8%
Profit (loss) for the period9904€117,003€65,863€260,951€91,341€134,820▲ 47.6%
Profit (loss) for the period to be appropriated9905€117,003€65,863€260,951€91,341€134,820▲ 47.6%
Line20212022202320242025Change
Assets
Total assets20/58€538,412€518,662€650,449€464,108€478,960▲ 3.2%
Fixed assets21/28€324,112€302,916€346,062€307,157€271,512▼ 11.6%
Tangible fixed assets22/27€323,992€302,796€346,062€307,157€271,512▼ 11.6%
Land and buildings22€305,247€284,056€262,865€241,674€220,483▼ 8.8%
Plant, machinery and equipment23€17,851€18,135€13,944€12,492€6,784▼ 45.7%
Furniture and vehicles24€894€605€69,253€52,990€42,163▼ 20.4%
Assets under construction and advance payments27----€2,082-
Financial fixed assets28€120€120----
Current assets29/58€214,300€215,745€304,386€156,952€207,448▲ 32.2%
Amounts receivable within one year40/41€108,716€101,308€189,592€65,038€53,182▼ 18.2%
Trade receivables40€106,230€94,150€182,585€54,116€52,013▼ 3.9%
Other amounts receivable41€2,486€7,158€7,007€10,922€1,169▼ 89.3%
Cash at bank and in hand54/58€105,056€108,346€114,703€80,864€151,615▲ 87.5%
Deferred charges and accrued income490/1€528€6,092€91€11,050€2,651▼ 76.0%
Equity and liabilities
Total equity and liabilities10/49€538,412€518,662€650,449€464,108€478,960▲ 3.2%
Equity10/15€8,215€8,578€9,529€10,870€11,690▲ 7.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€3,329€4,670€5,490▲ 17.6%
Non-distributable reserves130/1€1,860€1,860€1,860---
Reserves not available under the articles1311€1,860€1,860€1,860---
Distributable reserves133--€1,469€4,670€5,490▲ 17.6%
Profit (loss) carried forward14€155€518----
Amounts payable17/49€530,198€510,084€640,920€453,238€467,270▲ 3.1%
Amounts payable after more than one year17€267,564€238,590€241,948€201,440€157,669▼ 21.7%
Financial debts170/4€267,564€238,590€241,948€201,440€157,669▼ 21.7%
Amounts payable within one year42/48€262,634€271,494€398,971€251,534€309,325▲ 23.0%
Current portion of amounts payable after more than one year42€28,512€26,805€41,788€42,747€43,772▲ 2.4%
Trade debts44€51,844€175,358€42,378€74,705€58,367▼ 21.9%
Suppliers440/4€51,844€175,358€42,378€74,705€58,367▼ 21.9%
Advances received on contracts in progress46---€1,000--
Taxes, remuneration and social security45€65,112€69,164€54,805€42,529€71,777▲ 68.8%
Taxes450/3€34,837€35,610€25,776€88€32,932▲ 37,399%
Remuneration and social security454/9€30,275€33,554€29,030€42,442€38,845▼ 8.5%
Other amounts payable47/48€117,166€166€260,000€90,553€135,409▲ 49.5%
Accrued charges and deferred income492/3---€264€276▲ 4.7%
Line20212022202320242025Change
Profit (loss) for the period9904€117,003€65,863€260,951€91,341€134,820▲ 47.6%
+ Depreciation and write-downs630€25,822€25,959€38,009€43,832€46,591▲ 6.3%
Operating cash flow (approximation)€142,825€91,822€298,960€135,173€181,412▲ 34.2%
Investment in fixed assets (approximation)--€4,763-€81,155-€4,927-€10,947▼ 122%
Change in cash-€3,290€6,358-€33,840€70,752▲ 309%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €260,951 ▲296%
Operating result €276,610, net result €260,951, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial Weakest financial yearnet €65,863 ▼43.7%
Net result drops to €65,863, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
03-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Antwerpen · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
308 m²
Parcel 11363E0123/00Y004, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MARIEN
Laar 223, 2180 AntwerpenRisk and damage evaluation
since 20102.183.118.721
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11363E0123/00Y004 Flanders 1.0 ha 1 · 308 m² 0.1 m
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 853 companies in sector 66210 we hold annual accounts for 511. 230 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
Founded04-11-2009
Fiscal year end31-12
Activities, NACEBEL 2025
66210Risk and damage evaluation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0820303264
Also 9925:BE0820303264
Registered 11-12-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.