MARIGNY
ActiveSummary
MARIGNY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €97k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 5.86 against 10.55 in 2024; short-term debt: 8.7% and cash: 34.7% of total assets), and 18.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
81.9%
Return on assets
45.6%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-12-2025, 129 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
129 d early
2024
90 d early
2023
34 d early
2022
74 d early
2021
60 d early
2020
60 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 125%
2024 · €77k
2018: €157k
2019: €176k▲ +12.6% vs 2018highest in 8 years
2020: €-234k▼ -233% vs 2019lowest in 8 years
2021: €-215k▲ +8.3% vs 2020
2022: €-148k▲ +31.1% vs 2021
2023: €-65k▲ +55.9% vs 2022
2024: €77k▲ +219% vs 2023
2025: €175k▲ +125% vs 2024
2018 → 2025
Total assets
€213k▲ 80.8%
2024 · €118k
2018: €608khighest in 8 years
2019: €592k▼ -2.6% vs 2018
2020: €10k▼ -98.4% vs 2019
2021: €12k▲ +21.3% vs 2020
2022: €8k▼ -29.7% vs 2021lowest in 8 years
2023: €32k▲ +291% vs 2022
2024: €118k▲ +268% vs 2023
2025: €213k▲ +80.8% vs 2024
2018 → 2025
Net result
€97k▼ 31.9%
2024 · €143k
2018: €26k
2019: €20k▼ -23.6% vs 2018
2020: €-411k▼ -2179% vs 2019lowest in 8 years
2021: €20k▲ +105% vs 2020
2022: €67k▲ +241% vs 2021
2023: €83k▲ +24.2% vs 2022
2024: €143k▲ +72.4% vs 2023highest in 8 years
2025: €97k▼ -31.9% vs 2024
2018 → 2025
Working capital
€90k▼ 9.6%
2024 · €100k
2018: €-179k
2019: €-226k▼ -26.5% vs 2018lowest in 8 years
2020: €-212k▲ +6.5% vs 2019
2021: €-189k▲ +10.5% vs 2020
2022: €-125k▲ +33.9% vs 2021
2023: €-40k▲ +68.0% vs 2022
2024: €100k▲ +349% vs 2023highest in 8 years
2025: €90k▼ -9.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-215k-€-148k▲ 31.1%€-65k▲ 55.9%€77k€175k▲ 125%
2021: €-215klowest in 5 years
2022: €-148k▲ +31.1% vs 2021
2023: €-65k▲ +55.9% vs 2022
2024: €77k▲ +219% vs 2023
2025: €175k▲ +125% vs 2024highest in 5 years
Operating result€23k-€67k▲ 187%€83k▲ 23.9%€143k▲ 72.4%€120k▼ 16.1%
2021: €23klowest in 5 years
2022: €67k▲ +187% vs 2021
2023: €83k▲ +23.9% vs 2022
2024: €143k▲ +72.4% vs 2023highest in 5 years
2025: €120k▼ -16.1% vs 2024
Net result€20k-€67k▲ 241%€83k▲ 24.2%€143k▲ 72.4%€97k▼ 31.9%
2021: €20klowest in 5 years
2022: €67k▲ +241% vs 2021
2023: €83k▲ +24.2% vs 2022
2024: €143k▲ +72.4% vs 2023highest in 5 years
2025: €97k▼ -31.9% vs 2024
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 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€104k ▲ 1,251%
Current assets
€109k ▼ 1.3%
Equity and liabilities €213k
Equity
€175k ▲ 125%
Debt
€39k ▼ 4.7%
Debt's share of the balance-sheet total falls from 34.3% to 18.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123k▼
2024 · €146k
Cash flow
€100k▼
2024 · €145k
Current ratio
5.86▼
2024 · 10.55
Debt to equity
0.22▼
2024 · 0.52
ROE
55.6%▼
2024 · 184.3%
ROA
45.6%▼
2024 · 121.1%
Interest coverage
3737.39▼
2024 · 4853.46
Debt ≤ 1 year
€19k▲
2024 · €10k
Income taxes
€23k▲
2024 · €350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€118k€213k▲
Fixed assets21/28€8k€104k▲
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€66€100k▲
Current assets29/58€110k€109k▼
Amounts receivable within one year40/41€33k€35k▲
Trade receivables40€33k€35k▲
Cash at bank and in hand54/58€77k€74k▼
Equity and liabilities
Total equity and liabilities10/49€118k€213k▲
Equity10/15€77k€175k▲
Contributions10/11€19k€19k=
Reserves13€2k€99k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€99k
Profit (loss) carried forward14€57k€57k=
Amounts payable17/49€40k€39k▼
Amounts payable within one year42/48€10k€19k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€8k€19k▲
Taxes450/3€8k€19k▲
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€30k€20k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€784€820▲
Gross operating margin9900€147k€124k▼
Operating profit (loss)9901€143k€120k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€30€33▲
Recurring financial charges65€30€33▲
Profit (loss) for the period before taxes9903€143k€120k▼
Income taxes67/77€350€23k▲
Profit (loss) for the period9904€143k€97k▼
Profit (loss) for the period to be appropriated9905€143k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€154k▲
Profit (loss) brought forward from the previous period14P€-86k€57k▲
Transfer to equity691/2-€97k
To other reserves6921-€97k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €2k | €3k | €3k | ▲ 25.1% |
| Other operating charges640/8 | - | €606 | €651 | €784 | €820 | ▲ 4.5% |
| Gross operating margin9900 | €27k | €72k | €86k | €147k | €124k | ▼ 15.3% |
| Operating profit (loss)9901 | €23k | €67k | €83k | €143k | €120k | ▼ 16.1% |
| Financial income75/76B | - | €0 | €0 | - | €0 | - |
| Recurring financial income75 | €0 | €0 | €0 | - | €0 | - |
| Financial charges65/66B | - | €40 | €30 | €30 | €33 | ▲ 9.9% |
| Recurring financial charges65 | €904 | €40 | €30 | €30 | €33 | ▲ 9.9% |
| Profit (loss) for the period before taxes9903 | €22k | €67k | €83k | €143k | €120k | ▼ 16.1% |
| Income taxes67/77 | €3k | €263 | €197 | €350 | €23k | ▲ 6,422% |
| Profit (loss) for the period9904 | €20k | €67k | €83k | €143k | €97k | ▼ 31.9% |
| Profit (loss) for the period to be appropriated9905 | €20k | €67k | €83k | €143k | €97k | ▼ 31.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12k | €8k | €32k | €118k | €213k | ▲ 80.8% |
| Fixed assets21/28 | €5k | €7k | €5k | €8k | €104k | ▲ 1,251% |
| Tangible fixed assets22/27 | €5k | €7k | €5k | €8k | €4k | ▼ 42.8% |
| Furniture and vehicles24 | - | €7k | €5k | €5k | €2k | ▼ 55.1% |
| Other tangible fixed assets26 | - | - | - | €3k | €2k | ▼ 22.3% |
| Financial fixed assets28 | €66 | €66 | €66 | €66 | €100k | ▲ 151,653% |
| Current assets29/58 | €7k | €1k | €27k | €110k | €109k | ▼ 1.3% |
| Amounts receivable within one year40/41 | €4k | €84 | €27k | €33k | €35k | ▲ 5.7% |
| Trade receivables40 | - | - | €27k | €33k | €35k | ▲ 5.7% |
| Other amounts receivable41 | - | €84 | - | - | - | - |
| Cash at bank and in hand54/58 | €2k | €941 | €338 | €77k | €74k | ▼ 4.3% |
| Deferred charges and accrued income490/1 | - | - | €145 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12k | €8k | €32k | €118k | €213k | ▲ 80.8% |
| Equity10/15 | €-215k | €-148k | €-65k | €77k | €175k | ▲ 125% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €99k | ▲ 5,225% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €99k | - |
| Profit (loss) carried forward14 | €-235k | €-169k | €-86k | €57k | €57k | = |
| Amounts payable17/49 | €226k | €156k | €97k | €40k | €39k | ▼ 4.7% |
| Amounts payable within one year42/48 | €196k | €126k | €67k | €10k | €19k | ▲ 77.6% |
| Trade debts44 | €374 | €5 | €2k | €1k | - | - |
| Suppliers440/4 | - | €5 | €2k | €1k | - | - |
| Taxes, remuneration and social security45 | - | €269 | €7k | €8k | €19k | ▲ 139% |
| Taxes450/3 | - | €269 | €7k | €8k | €19k | ▲ 139% |
| Other amounts payable47/48 | - | €126k | €58k | €1k | - | - |
| Accrued charges and deferred income492/3 | - | €30k | €30k | €30k | €20k | ▼ 33.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €67k | €83k | €143k | €97k | ▼ 31.9% |
| + Depreciation and write-downs630 | €3k | €4k | €2k | €3k | €3k | ▲ 25.1% |
| Operating cash flow (approximation) | €22k | €71k | €85k | €145k | €100k | ▼ 30.9% |
| Investment in fixed assets (approximation) | - | €-7k | €0 | €-6k | €-100k | ▼ 1,697% |
| Change in cash | - | €-1k | €-602 | €77k | €-3k | ▼ 104% |
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
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Equity above €150kEq €175k ▲125%
5 profitable years in a row build equity to €175k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €143k ▲72.4%
Operating result €143k, net result €143k, both a record.
30-09
Financial
Liquidity times 26current ratio 10.55
Current ratio from 0.40 to 10.55; short-term debt falls from €67k to €10k.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-411k
Net result drops to €-411k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Waterloo · 1 establishment unit since 2008
Ground area
3,065 m²
Building footprint
193 m²
Volume, LiDAR
1,060 m³
Parcel 25763I0322/00A000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Marigny
since 20082.170.661.644
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763I0322/00A000 | Wallonia | 3,065 m² | 1 · 193 m² | 8.5 m · 2 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.
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 981 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
Founded07-04-2008
Fiscal year end30-09
Activities, NACEBEL 2025
85599Other education
73200Market research and public opinion polling
93110Operation of sports facilities
93199Other sports activities
Contact
E-mail
jpdesmet@skynet.beWaterloo
Phone
0475//67.93.93Waterloo
Scores and ratios are computed by Checked and are not a credit decision.