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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Age35 yrs
Real estate2 parcels · 4,331 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MARIJO is 0.2% (very low). The 2023 annual accounts show equity of €841k and a net result of €156k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 174 sector peers (fiscal year 2023). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2022 and 2023).
View the result trend Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideAnnual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 380 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-04-2026, 637 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | 29-04-2026 | 637 d late | 2026-00092584 |
| 31-12-2022 | 31-07-2023 | 03-04-2024 | 247 d late | 2024-00056263 |
| 31-12-2021 | 31-07-2022 | 06-03-2024 | 584 d late | 2024-00042447 |
| 31-12-2020 | 31-07-2021 | 27-10-2021 | 88 d late | 2021-73800378 |
| 31-12-2019 | 31-07-2020 | 30-11-2020 | 122 d late | 2020-73300566 |
| 31-12-2018 | 31-07-2019 | 12-10-2019 | 73 d late | 2019-70100402 |
| 31-12-2017 | 31-07-2018 | 31-08-2018 | 31 d late | 2018-59000102 |
| 31-12-2016 | 31-07-2017 | 20-11-2017 | 112 d late | 2017-70000061 |
| 31-12-2015 | 31-07-2016 | 29-09-2016 | 60 d late | 2016-62900073 |
| 31-12-2014 | 31-07-2015 | 22-09-2015 | 53 d late | 2015-60500305 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1991, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Multiple establishment units
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€751k+37.1%
EBIT margin10.5%+35.0pp
Net result€156k+160.5%
Working capital€-722k+15.7%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 29-04-2026 with the NBB · fiscal year 2023 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~7.6%/year over 6 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2023 · NACE 01, Agriculture · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.3% | 30.3% | |
| Net result | €156k | €67k | |
| Equity | €841k | €414k | |
| Gross operating margin | €315k | €340k | |
| Total assets | €2.39M | €1.50M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P57
Stable position over 2020-2023
· n=91-174
P70
Improving position over 2020-2023
· n=91-174
P69
Stable position over 2020-2023
· n=91-174
P44
Stable position over 2020-2023
· n=90-171
Describes the position versus peers, not a forecast.
€751k
+37.1%
18-23
€302k
+84.7%
18-23
€156k
+160.5%
18-23
€237k
+64.3%
18-23
€2.39M
-5.8%
18-23
€841k
+22.8%
18-23
€-722k
+15.7%
18-23
1
-
18-23
€17
-
18-23
€179k
+3615.9%
18-23
€1.54M
-16.4%
18-23
€1.17M
-15.3%
18-23
€376k
-19.2%
18-23
0.38
+0.8%
18-23
0.31
+11.1%
18-23
35.3%
+30.3%
18-23
1.84
-31.9%
18-23
18.6%
+112.1%
18-23
6.6%
+176.4%
18-23
8.0%
-
18-23
21.8%
-
18-23
16.83
+129.9%
18-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €302k |
| Net profit | €156k |
| Cash flow | €237k |
| Staff costs | - |
| Income taxes | €179k |
| Dividends | - |
| Total assets | €2.39M |
| Equity | €841k |
| Debt | €1.54M |
| of which ≤ 1y | €1.17M |
| of which > 1y | €376k |
| Working capital | €-722k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.38 |
| Quick ratio | 0.31 |
| Working capital ratio | -30.3% |
| Solvency | 35.3% |
| Debt / equity | 1.84 |
| Long-term debt ratio | 0.45 |
| Interest coverage | 16.83 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.6% |
| ROE | 18.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.39M |
| Fixed assets | 21/28 | €1.94M |
| Tangible fixed assets | 22/27 | €994k |
| Financial fixed assets | 28 | €945k |
| Current assets | 29/58 | €446k |
| Stocks & contracts in progress | 3 | €80k |
| Amounts receivable within one year | 40/41 | €336k |
| Cash & bank | 54/58 | €30k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.39M |
| Equity | 10/15 | €841k |
| Contributions / capital | 10/11 | €221k |
| Reserves | 13 | €405k |
| Amounts payable | 17/49 | €1.54M |
| Amounts payable after one year | 17 | €376k |
| Amounts payable within one year | 42/48 | €1.17M |
| Trade debts payable within one year | 44 | €281k |
| Income statement | ||
| Gross operating margin | 9900 | €315k |
| Operating result | 9901 | €221k |
| Financial income | 75 | €133k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €336k |
| Income taxes | 67/77 | €179k |
| Net result for the period | 9904 | €156k |
| Result to be appropriated | 9905 | €156k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed64
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsIepersestraat 87, 8890 Moorslede
since 19912.053.440.609
MARIJO
since 20132.237.378.640
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area4,331 m²
Buildings2
Building footprint466 m²
Volume (LiDAR)2,824 m³
Tallest building9.5 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33014E1026/00M000 | Flanders | 3,375 m² | 1 · 371 m² | 9.4 m · 2 fl. |
| 36012D0456/00M002 | Flanders | 956 m² | 1 · 95 m² | 8.9 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts Address history · 1
07-04-2023
Registered-office move
All acts · 1
updated 3 years ago
2023
07-04-2023 Registered office moved from Moorslede to Langemark
- 8890 Moorslede, lepersestraat 133 → 8920 Langemark, Waterstraat 6
Analysis
Snowflake analysis
financial profile on 5 axes71
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
64
Profitability
93
Solvency
44
Growth
52
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 166 of the 20,659 companies in this sector. 86 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Gemengd bedrijf01300Gemengd bedrijf01500Gemengd landbouwbedrijf01500Vervaardiging van veevoeders10910Vervaardiging van veevoeders10910Vervaardiging van veevoeders15710Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen47781Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789Overige detailhandel, niet in winkels en exclusief markt- en straathandel47990Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.52498Overige detailhandel, niet in winkels52630
Primary activity highlighted.
Names & trade names
| Legal nameNL | MARIJO |
Registered office
Waterstraat 6
8920 Langemark-Poelkapelle, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.