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MARIJO

Active
Private limited company (pre-2019)founded 1991active for 35 yearsWaterstraat 6, 8920 Langemark-Poelkapelle, BelgiumKBO/BCE: BE 0444.375.410
Summary

The computed 12-month bankruptcy probability of MARIJO is 2.3% (moderate). The 2024 annual accounts show equity of €977,258 and a net result of €136,310. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 51% of 1,690 sector peers (NACE 01, financial year 2024). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Mixed farming
NACE 01500
6th oldest company in Langemark-Poelkapelle, Agriculture, forestry and fishing sector2 sites
Size
€2.4mtotal assets 2024
Equity
€977,258
Profit
€136,310
Turnover not published (abbreviated format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts 73 days overdue0 of 4 deeds read
Why 52raises risk1 financial year not filed after the legal deadline; latest accounts 425 days late; 3 of the last 3 lateLiquidity: current ratio 0.38, cash €8,596, halvedFigures for financial year 2024 (filed 29-09-2026)lowers riskFounded in 1991Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 01, small)
Financial strength · tick = 2023
Weak
Solvency 66+6
equity 41.1% of total assets
Liquidity 27=
short-term debt 46.8% · cash 0.4%
Profitability 40-37
return on assets 5.7%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (897 companies, NACE 01, small)
Last 24 months 11-2024: 3.2% 12-2024: 3.7%▲ +0.5 percentage points vs 11-2024 01-2025: 5.0%▲ +1.3 percentage points vs 12-2024highest value 02-2025: 5.0%● unchanged vs 01-2025highest value 03-2025: 5.0%● unchanged vs 02-2025highest value 04-2025: 4.5%▼ -0.5 percentage points vs 03-2025 05-2025: 3.2%▼ -1.3 percentage points vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 4.5%▲ +1.3 percentage points vs 07-2025 09-2025: 4.5%● unchanged vs 08-2025 10-2025: 4.5%● unchanged vs 09-2025 11-2025: 4.5%● unchanged vs 10-2025 12-2025: 4.5%● unchanged vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 2.8%▼ -1.7 percentage points vs 04-2026 06-2026: 2.8%● unchanged vs 05-2026 07-2026: 2.8%● unchanged vs 06-2026 08-2026: 4.0%▲ +1.2 percentage points vs 07-2026 09-2026: 4.0%● unchanged vs 08-2026 10-2026: 2.3%▼ -1.7 percentage points vs 09-2026lowest value
Credit of up to €50,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.38, compared with 0.38 in 2023; short-term debt: 46.8% and cash: 0.4% of total assets), and 58.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small): better than 52% on solvency, 17% on liquidity, 15% on profitability and 65% on growth.

The bankruptcy probability was computed on 11-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 425 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.38, cash €8,596, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 29-09-2026)
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2026, 425 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
425 days late
2023
637 days late
2022
247 days late
2021
584 days late
2020
88 days late
2019
122 days 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 351 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Positive: 6th oldest company in Langemark-Poelkapelle, Agriculture, forestry and fishing sectorin the Checked rankings No. 6 View
  • Active since 1991founded 14-06-1991 35 years View

By topic

Financials

Financial year
2024
Total assets
€2.4m
Profit
€136,310
Solvency
41.1%
Turnover▲ 37.1%
Net result
20202022
Go to Financials

Timeline

Events
36
Since
1993
  1. 06-03-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Mixed farmingNACE 01500
Founded
14-06-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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