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MARIGO

Active
Private limited companyfounded 199728 yrs activeJachthuislaan(LIN) 23, 3210 Lubbeek, BelgiumKBO/BCE: BE 0461.658.929
Summary

MARIGO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,325 and a net result of -€4,982. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability8▼-77
Solvency100=
Growth35▼-25
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
99.8%
Return on assets
-5.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
14 d early
2023
9 d early
2022
13 d early
2021
27 d early
2020
28 d early
2019
25 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 17 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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 13 October 1997, MARIGO was incorporated.1 Revenue went from EUR 25,303 in 2019 to EUR 2,640 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€2,640▼ 88.1%
2024 · €22,213
EBIT margin
-192.3%▼ 225.3pp
2024 · 32.9%
Net result
-€4,982
2024 · €7,412
Working capital
€16,361▼ 82.9%
2024 · €95,878
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Line20212022202320242025
Turnover€18,085€28,536▲ 57.8%€56,538▲ 98.1%€22,213▼ 60.7%€2,640▼ 88.1%
Operating result€8,699€13,469▲ 54.8%€41,237▲ 206%€7,316▼ 82.3%-€5,078
Net result€8,659within the sector's middle half€13,577within the sector's middle half▲ 56.8%€41,333within the sector's middle half▲ 204%€7,412within the sector's middle half▼ 82.1%-€4,982below the sector's middle half
EBIT margin48.1%47.2%▼ 0.9pp72.9%▲ 25.7pp32.9%▼ 40.0pp-192.3%▼ 225.3pp
Equity€37,985within the sector's middle half▲ 29.5%€51,562within the sector's middle half▲ 35.7%€92,895within the sector's middle half▲ 80.2%€100,307within the sector's middle half▲ 8.0%€95,325within the sector's middle half▼ 5.0%
Total assets€38,407below the sector's middle half▲ 18.8%€53,515below the sector's middle half▲ 39.3%€93,306within the sector's middle half▲ 74.4%€102,984within the sector's middle half▲ 10.4%€95,554within the sector's middle half▼ 7.2%
Debt€422▼ 86.0%€1,953▲ 363%€411▼ 79.0%€2,677▲ 551%€229▼ 91.4%
Working capital€32,629within the sector's middle half▲ 19.5%€95,878within the sector's middle half€16,361within the sector's middle half▼ 82.9%
Solvency98.9%above the sector's middle half▲ 8.2pp96.4%above the sector's middle half▼ 2.6pp99.6%above the sector's middle half▲ 3.2pp97.4%above the sector's middle half▼ 2.2pp99.8%above the sector's middle half▲ 2.4pp
Current ratio78.32above the sector's middle half▲ 68.2475.67above the sector's middle half72.45above the sector's middle half▼ 3.23
Return on assets (ROA)22.5%within the sector's middle half▲ 32.8pp25.4%above the sector's middle half▲ 2.8pp44.3%above the sector's middle half▲ 18.9pp7.2%within the sector's middle half▼ 37.1pp-5.2%below the sector's middle half▼ 12.4pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
-€20,000€0€20,000€40,000Operating result 2021: €8,699€8,699Net result 2021: €8,659€8,659Operating result 2022: €13,469€13,469Net result 2022: €13,577€13,577Operating result 2023: €41,237€41,237Net result 2023: €41,333€41,333Operating result 2024: €7,316€7,316Net result 2024: €7,412€7,412Operating result 2025: -€5,078-€5,078Net result 2025: -€4,982-€4,98220212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €41,237€41,200Net result 2023: €41,333€41,300Operating result 2024: €7,316€7,320Net result 2024: €7,412€7,410Operating result 2025: -€5,078-€5,080Net result 2025: -€4,982-€4,980202320242025
The operating result turns negative in 2025: a loss of €5,078 after €7,316 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,554
Fixed assets €78,964 ▲ 1,256%
Current assets €16,590 ▼ 82.9%
Equity and liabilities €95,554
Equity €95,325 ▼ 5.0%
Debt €229 ▼ 91.4%
Debt's share of the balance-sheet total falls from 2.6% to 0.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,220▼
2024 · €9,481
Cash flow
-€3,124▼
2024 · €9,577
Debt to equity
0.00▼
2024 · 0.03
ROE
-5.2%▼
2024 · 7.4%
Interest coverage
-59.63▼
2024 · 175.57
Debt ≤ 1 year
€229▼
2024 · €1,284
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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€102,984€95,554▼
Fixed assets21/28€5,822€78,964▲
Tangible fixed assets22/27€2,750€892▼
Plant, machinery and equipment23€793€396▼
Furniture and vehicles24€1,957€496▼
Financial fixed assets28€3,072€78,072▲
Current assets29/58€97,162€16,590▼
Amounts receivable after more than one year29€1,670-
Trade receivables290€1,670-
Amounts receivable within one year40/41-€1,329
Other amounts receivable41-€1,329
Cash at bank and in hand54/58€95,492€15,261▼
Equity and liabilities
Total equity and liabilities10/49€102,984€95,554▼
Equity10/15€100,307€95,325▼
Contributions10/11€99,157€99,157=
Reserves13€4,958€4,958=
Non-distributable reserves130/1€4,958€4,958=
Reserves not available under the articles1311€4,958€4,958=
Profit (loss) carried forward14-€3,808-€8,790▼
Amounts payable17/49€2,677€229▼
Amounts payable after more than one year17€1,393-
Other amounts payable178/9€1,393-
Amounts payable within one year42/48€1,284€229▼
Current portion of amounts payable after more than one year42€1,284-
Other amounts payable47/48-€229
Income statement Code20242025
Turnover70€22,213€2,640▼
Goods, raw materials, services and sundry goods60/61€12,347-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,165€1,858▼
Other operating charges640/8€384€387▲
Gross operating margin9900€9,865-€2,833▼
Operating profit (loss)9901€7,316-€5,078▼
Financial income75/76B€150€150=
Recurring financial income75€150€150=
Non-recurring financial income76B€150€150=
Financial charges65/66B€54€54=
Recurring financial charges65€54€54=
Non-recurring financial charges66B€54€54=
Profit (loss) for the period before taxes9903€7,412-€4,982▼
Profit (loss) for the period9904€7,412-€4,982▼
Profit (loss) for the period to be appropriated9905€7,412-€4,982▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,808-€8,790▼
Profit (loss) brought forward from the previous period14P-€11,220-€3,808▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€18,085€28,536€56,538€22,213€2,640▼ 88.1%
Goods, raw materials, services and sundry goods60/61-€12,806€12,755€12,347--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,704€1,913€2,199€2,165€1,858▼ 14.2%
Other operating charges640/8-€348€347€384€387▲ 0.8%
Gross operating margin9900€10,751€15,730€43,783€9,865-€2,833▼ 129%
Operating profit (loss)9901€8,699€13,469€41,237€7,316-€5,078▼ 169%
Financial income75/76B-€150€150€150€150=
Recurring financial income75-€150€150€150€150=
Non-recurring financial income76B-€150€150€150€150=
Financial charges65/66B-€42€54€54€54=
Recurring financial charges65-€42€54€54€54=
Non-recurring financial charges66B---€54€54=
Profit (loss) for the period before taxes9903€8,659€13,577€41,333€7,412-€4,982▼ 167%
Profit (loss) for the period9904€8,659€13,577€41,333€7,412-€4,982▼ 167%
Profit (loss) for the period to be appropriated9905€8,659€13,577€41,333€7,412-€4,982▼ 167%
Line20212022202320242025Change
Assets
Total assets20/58€38,407€53,515€93,306€102,984€95,554▼ 7.2%
Fixed assets21/28€5,356€4,365€5,807€5,822€78,964▲ 1,256%
Tangible fixed assets22/27€2,284€1,293€2,735€2,750€892▼ 67.6%
Plant, machinery and equipment23-€678-€793€396▼ 50.1%
Furniture and vehicles24-€615€2,735€1,957€496▼ 74.7%
Financial fixed assets28€3,072€3,072€3,072€3,072€78,072▲ 2,441%
Current assets29/58€33,051€49,150€87,499€97,162€16,590▼ 82.9%
Amounts receivable after more than one year29--€470€1,670--
Trade receivables290---€1,670--
Other amounts receivable291--€470---
Amounts receivable within one year40/41€9,789€8,330--€1,329-
Trade receivables40-€8,330----
Other amounts receivable41-€0--€1,329-
Cash at bank and in hand54/58€23,262€40,820€87,029€95,492€15,261▼ 84.0%
Equity and liabilities
Total equity and liabilities10/49€38,407€53,515€93,306€102,984€95,554▼ 7.2%
Equity10/15€37,985€51,562€92,895€100,307€95,325▼ 5.0%
Contributions10/11-€99,157€99,157€99,157€99,157=
Reserves13€4,958€4,958€4,958€4,958€4,958=
Non-distributable reserves130/1-€4,958€4,958€4,958€4,958=
Reserves not available under the articles1311-€4,958€4,958€4,958€4,958=
Profit (loss) carried forward14-€66,130-€52,553-€11,220-€3,808-€8,790▼ 131%
Amounts payable17/49€422€1,953€411€2,677€229▼ 91.4%
Amounts payable after more than one year17-€1,953€411€1,393--
Trade debts175-€297----
Other amounts payable178/9-€1,656€411€1,393--
Amounts payable within one year42/48€422--€1,284€229▼ 82.2%
Current portion of amounts payable after more than one year42---€1,284--
Trade debts44€203-----
Other amounts payable47/48----€229-
Line20212022202320242025Change
Profit (loss) for the period9904€8,659€13,577€41,333€7,412-€4,982▼ 167%
+ Depreciation and write-downs630€1,704€1,913€2,199€2,165€1,858▼ 14.2%
Operating cash flow (approximation)€10,363€15,490€43,532€9,577-€3,124▼ 133%
Investment in fixed assets (approximation)--€922-€3,641-€2,180-€75,000▼ 3,340%
Change in cash-€17,558€46,209€8,463-€80,231▼ 1,048%

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 31-01-2027
2026
09-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet -€4,982
Net result drops to -€4,982, the lowest in the series.
17-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Equity above €100,000Eq €100,307 ▲8%
4 profitable years in a row build equity to €100,307.
22-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2019net €41,333 ▲204%
Operating result €41,237, net result €41,333, both a record.
18-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Back to profitnet €8,659
Net result €8,659 after one loss-making year.
30-06
Financial Liquidity times 8current ratio 78.32
Current ratio from 10.08 to 78.32; short-term debt falls from €3,007 to €422.
03-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-01
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 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, Lubbeek · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1,627 m²
Building footprint
256 m²
Volume, LiDAR
1,767 m³
Parcel 24063A0039/00X003, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARIGO BVBA
Jachthuislaan(LIN) 23, 3210 LubbeekInsurance, reinsurance and pension funding, except compulsory social security
since 19972.083.897.718
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063A0039/00X003 Flanders 1,627 m² 1 · 255 m² 9.8 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.

Similar companies · same sector, comparable size

Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 1,306 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
Founded13-10-1997
Fiscal year end30-06
Activities, NACEBEL 2025
73200Market research and public opinion polling
70200Business and other management consultancy
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0461658929
Also 9925:BE0461658929
Registered 14-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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