MARIM
ActiveSummary
MARIM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of -€20,985. Equity is growing by ~19.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-13
Solvency93=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 4.17 in 2023; short-term debt: 17.8% and cash: 21.3% of total assets), and 31.5% of the assets are financed with debt.
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Signals
Five 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
68.5%
Return on assets
-0.9%
Age of the figures
21 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
45 d early
2023
33 d early
2022
26 d early
2021
31 d late
2020
5 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€1.7m▼ 1.3%
2023 · €1.7m
Total assets
€2.4m▼ 2.3%
2023 · €2.5m
Net result
-€20,985
2023 · €245,886
Working capital
€371,915▼ 74.7%
2023 · €1.5m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,003▼ 0.1%€20,544▲ 36.9%€1.0m▲ 4,880%€321,990▼ 68.5%-€29,309
Net result€7,195▼ 45.7%€11,004▲ 52.9%€744,996▲ 6,670%€245,886▼ 67.0%-€20,985
Equity€675,492▲ 1.1%€686,495▲ 1.6%€1.4m▲ 109%€1.7m▲ 17.2%€1.7m▼ 1.3%
Total assets€1.0m▲ 0.6%€1.0m▼ 0.6%€2.2m▲ 113%€2.5m▲ 13.9%€2.4m▼ 2.3%
Debt€331,656▲ 0.1%€315,735▼ 4.8%€453,933▲ 43.8%€465,339▲ 2.5%€433,312▼ 6.9%
Working capital€371,812▲ 9.4%€380,863▲ 2.4%€1.3m▲ 233%€1.5m▲ 16.2%€371,915▼ 74.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €29,309 after €321,990 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets
€1.6m ▲ 201%
Current assets
€801,537 ▼ 58.6%
Equity and liabilities €2.4m
Equity
€1.7m ▼ 1.3%
Provisions
€329,110 ▼ 1.3%
Debt
€433,312 ▼ 6.9%
Debt's share of the balance-sheet total falls from 18.8% to 17.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,762▼
2023 · €343,890
Cash flow
€13,086▼
2023 · €267,786
Current ratio
1.87▼
2023 · 4.17
Debt to equity
0.26▼
2023 · 0.28
ROE
-1.3%▼
2023 · 14.7%
ROA
-0.9%▼
2023 · 9.9%
Interest coverage
9.92▼
2023 · 13.31
Debt ≤ 1 year
€429,622▼
2023 · €465,339
Debt > 1 year
€3,690
Income taxes
€328▼
2023 · €7,789
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1.1m | €394,459 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,422 | €25,090 | €30,242 | €21,900 | €34,071 | ▲ 55.6% |
| Other operating charges640/8 | - | €12,147 | €10,089 | €20,185 | €6,842 | ▼ 66.1% |
| Gross operating margin9900 | €50,276 | €57,782 | €1.1m | €364,074 | €11,605 | ▼ 96.8% |
| Operating profit (loss)9901 | €15,003 | €20,544 | €1.0m | €321,990 | -€29,309 | ▼ 109% |
| Financial income75/76B | - | €3,350 | €5,509 | €3,175 | €4,805 | ▲ 51.3% |
| Recurring financial income75 | €5,271 | €3,350 | €5,509 | €3,175 | €4,805 | ▲ 51.3% |
| Financial charges65/66B | - | €12,847 | €15,241 | €25,840 | €480 | ▼ 98.1% |
| Recurring financial charges65 | €13,132 | €12,847 | €15,241 | €25,840 | €480 | ▼ 98.1% |
| Profit (loss) for the period before taxes9903 | €7,141 | €11,047 | €1.0m | €299,325 | -€24,984 | ▼ 108% |
| Transfer from deferred taxes780 | - | €1,373 | €1,373 | €18,312 | €4,328 | ▼ 76.4% |
| Transfer to deferred taxes680 | - | - | €269,476 | €63,962 | - | - |
| Income taxes67/77 | €1,320 | €1,416 | €347 | €7,789 | €328 | ▼ 95.8% |
| Profit (loss) for the period9904 | €7,195 | €11,004 | €744,996 | €245,886 | -€20,985 | ▼ 109% |
| Transfer from tax-exempt reserves789 | - | €2,667 | €2,667 | €35,562 | €12,983 | ▼ 63.5% |
| Transfer to tax-exempt reserves689 | - | - | €808,429 | €191,885 | - | - |
| Profit (loss) for the period to be appropriated9905 | €9,862 | €13,671 | -€60,766 | €89,564 | -€8,002 | ▼ 109% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €2.2m | €2.5m | €2.4m | ▼ 2.3% |
| Fixed assets21/28 | €333,749 | €326,500 | €452,164 | €538,006 | €1.6m | ▲ 201% |
| Tangible fixed assets22/27 | €333,749 | €326,500 | €452,164 | €538,006 | €1.6m | ▲ 201% |
| Land and buildings22 | - | €308,087 | €442,513 | €537,117 | €1.6m | ▲ 199% |
| Plant, machinery and equipment23 | - | €440 | €318 | €196 | €8,551 | ▲ 4,255% |
| Furniture and vehicles24 | - | €17,973 | €9,333 | €692 | €387 | ▼ 44.1% |
| Current assets29/58 | €694,458 | €695,415 | €1.7m | €1.9m | €801,537 | ▼ 58.6% |
| Amounts receivable within one year40/41 | €2,293 | €261 | €1,305 | - | €1,113 | - |
| Other amounts receivable41 | - | €261 | €1,305 | - | €1,113 | - |
| Current investments50/53 | €283,766 | €283,766 | €283,766 | €283,766 | €283,766 | = |
| Cash at bank and in hand54/58 | €408,398 | €411,388 | €1.4m | €1.7m | €514,033 | ▼ 68.9% |
| Deferred charges and accrued income490/1 | - | - | €2,148 | €1,985 | €2,625 | ▲ 32.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €2.2m | €2.5m | €2.4m | ▼ 2.3% |
| Equity10/15 | €675,492 | €686,495 | €1.4m | €1.7m | €1.7m | ▼ 1.3% |
| Contributions10/11 | €261,201 | €261,201 | €261,201 | €261,201 | €261,201 | = |
| Capital10 | - | €261,201 | €261,201 | €261,201 | €261,201 | = |
| Issued capital100 | - | €261,201 | €261,201 | €261,201 | €261,201 | = |
| Reserves13 | €385,123 | €382,456 | €1.2m | €1.3m | €1.3m | ▼ 1.0% |
| Non-distributable reserves130/1 | - | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Legal reserve130 | - | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Tax-exempt reserves132 | - | €38,230 | €843,992 | €1.0m | €987,331 | ▼ 1.3% |
| Distributable reserves133 | - | €307,042 | €307,042 | €307,042 | €307,042 | = |
| Profit (loss) carried forward14 | €29,168 | €42,839 | -€17,927 | €71,637 | €63,635 | ▼ 11.2% |
| Provisions and deferred taxes16 | €21,059 | €19,685 | €287,788 | €333,438 | €329,110 | ▼ 1.3% |
| Deferred taxes168 | - | €19,685 | €287,788 | €333,438 | €329,110 | ▼ 1.3% |
| Amounts payable17/49 | €331,656 | €315,735 | €453,933 | €465,339 | €433,312 | ▼ 6.9% |
| Amounts payable after more than one year17 | €50 | €50 | €50 | - | €3,690 | - |
| Other amounts payable178/9 | - | €50 | €50 | - | €3,690 | - |
| Amounts payable within one year42/48 | €322,645 | €314,552 | €453,883 | €465,339 | €429,622 | ▼ 7.7% |
| Trade debts44 | €340 | €735 | - | €2,028 | €464 | ▼ 77.1% |
| Suppliers440/4 | - | €735 | - | €2,028 | €464 | ▼ 77.1% |
| Taxes, remuneration and social security45 | - | €4,192 | €4,686 | €14,864 | - | - |
| Taxes450/3 | - | €4,192 | €4,686 | €14,864 | - | - |
| Other amounts payable47/48 | - | €309,625 | €449,197 | €448,448 | €429,158 | ▼ 4.3% |
| Accrued charges and deferred income492/3 | - | €1,133 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,195 | €11,004 | €744,996 | €245,886 | -€20,985 | ▼ 109% |
| + Depreciation and write-downs630 | €23,422 | €25,090 | €30,242 | €21,900 | €34,071 | ▲ 55.6% |
| Operating cash flow (approximation) | €30,617 | €36,094 | €775,237 | €267,786 | €13,086 | ▼ 95.1% |
| Investment in fixed assets (approximation) | - | -€17,842 | -€155,905 | -€107,742 | -€1.1m | ▼ 933% |
| Change in cash | - | €2,989 | €1.0m | €218,568 | -€1.1m | ▼ 621% |
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
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€20,985
Net result drops to -€20,985, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €744,996 ▲6,670%
Operating result €1.0m, net result €744,996, both a record.
31-12
Financial
Equity above €1mEq €1.4m ▲109%
5 profitable years in a row build equity to €1.4m.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-05
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 5 acts read
About the unread acts
We know of 5 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
5 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, Malle
Ground area
1,765 m²
Building footprint
249 m²
Volume, LiDAR
1,091 m³
Parcel 11049B0455/00Z000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0455/00Z000 | Flanders | 1,765 m² | 1 · 249 m² | 6.6 m · 1 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.
Identification & contact
Identification
Legal formPublic limited company
Founded05-01-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430269927
Registered
14-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.