MARILISE
ActiveMARILISE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €2k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 32% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-6
Solvency56▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 3.85 in 2024; short-term debt: 27.6% and cash: 8.8% of total assets), but 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
30.9%
Return on assets
0.5%
Age of the figures
9 mo
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
84 d early
2023
75 d early
2022
164 d early
2021
170 d early
2020
85 d early
2019
84 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 89.8%
2024 · €16k
2018: €3k
2019: €4k
2020: €-6k
2021: €3k
2022: €6k
2023: €25k
2024: €16k
2018 → 2025
Working capital
€242k▲ 6.0%
2024 · €228k
2018: €61k
2019: €75k
2020: €118k
2021: €106k
2022: €129k
2023: €171k
2024: €228k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€63k▲ 16.0%€86k▲ 37.6%€102k▲ 18.4%€104k▲ 2.2%
Operating result€3k-€7k▲ 110%€33k▲ 409%€16k▼ 51.0%€6k▼ 62.2%
Net result€3k-€6k▲ 94.7%€25k▲ 302%€16k▼ 36.7%€2k▼ 89.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€2k▼ 56.6%
Current assets
€336k▲ 8.7%
Equity and liabilities €338k
Equity
€104k▲ 2.2%
Debt
€234k▲ 10.1%
The debt ratio rises from 67.5% to 69.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2024 · €20k
Cash flow
€5k▼
2024 · €20k
Solvency
30.9%▼
2024 · 32.5%
Current ratio
3.59▼
2024 · 3.85
Quick ratio
3.59▼
2024 · 3.85
Debt / equity
2.24▲
2024 · 2.08
ROE
1.5%▼
2024 · 15.5%
ROA
0.5%▼
2024 · 5.0%
Interest coverage
74.87▼
2024 · 471.45
Debt
€234k▲
2024 · €212k
Debt ≤ 1 year
€93k▲
2024 · €80k
Debt > 1 year
€109k▲
2024 · €104k
Income taxes
€5k▲
2024 · €445
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€314k€338k▲
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€3k€761▼
Current assets29/58€309k€336k▲
Amounts receivable within one year40/41€291k€306k▲
Trade receivables40-€968
Other amounts receivable41€291k€305k▲
Cash at bank and in hand54/58€17k€30k▲
Deferred charges and accrued income490/1€807-
Equity and liabilities
Total equity and liabilities10/49€314k€338k▲
Equity10/15€102k€104k▲
Contributions10/11€19k€19k▲
Capital10-€615
Issued capital100-€615
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€82k€83k▲
Amounts payable17/49€212k€234k▲
Amounts payable after more than one year17€104k€109k▲
Other amounts payable178/9€104k€109k▲
Amounts payable within one year42/48€80k€93k▲
Trade debts44€33k€92k▲
Suppliers440/4€33k€92k▲
Other amounts payable47/48€48k€1k▼
Accrued charges and deferred income492/3€28k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€668€799▲
Gross operating margin9900€21k€11k▼
Operating profit (loss)9901€16k€6k▼
Financial income75/76B€44€95▲
Recurring financial income75€44€95▲
Financial charges65/66B€42€133▲
Recurring financial charges65€42€133▲
Profit (loss) for the period before taxes9903€16k€6k▼
Income taxes67/77€445€5k▲
Profit (loss) for the period9904€16k€2k▼
Profit (loss) for the period to be appropriated9905€16k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€83k▲
Profit (loss) brought forward from the previous period14P€66k€82k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €102k ▲18.4%
4 profitable years in a row build equity to €102k.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €25k ▲302%
Operating result €33k, net result €25k, both a record.
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 6.65
Current ratio from 1.80 to 6.65; short-term debt falls from €148k to €19k.
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-6k ▼235%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-03
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.
Directors · office · real estate
Directors
4 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, Court-Saint-Etienne · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Métallurgistes 22 P1490 Court-Saint-EtienneGround area
7,396 m²
Building footprint
1,025 m²
Volume, LiDAR
9,677 m³
Parcel 25023A0064/00S003, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Métallurgistes 22 P, 1490 Court-Saint-Etienne
since 20022.114.071.349
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023A0064/00S003 | Wallonia | 7,396 m² | 1 · 1,025 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
AMAZONIA ASSOCIES
BE 0827.960.524
Anderlecht · Eq €104k
PROSAFE CONSTRUCT
BE 0688.941.807
Schaarbeek · Eq €104k
AL-BOR WATERLOO
BE 0807.457.791
Ternat · Eq €105k
OZDEMIR FACADES
BE 0720.904.988
Herstal · Eq €105k
CVW
BE 0826.808.501
Tielt · Eq €105k
Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2002
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.