MARIMMO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 19-07-2026 at the NBB all 23 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €3,263, after a loss of €1,232 in 2024. It is the highest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €43,000 | €4,259 | €24,667 |
| Depreciation and write-downs of the year | €6,091 | €4,474 | €6,671 | €8,220 | €9,612 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | - | €25,800 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €8,802 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,277 | €6,445 | €6,445 | €6,091 | €4,474 | €6,671 | €8,220 | €9,612 | ▲ 16.9% |
| Other operating charges640/8 | - | - | - | €3,438 | €3,513 | €3,853 | €3,997 | €4,123 | ▲ 3.2% |
| Gross operating margin9900 | €11,872 | €15,917 | €12,277 | €10,233 | €8,592 | €7,568 | €10,985 | €16,998 | ▲ 54.7% |
| Operating profit (loss)9901 | €2,285 | €6,100 | €2,417 | €705 | €605 | -€2,956 | -€1,232 | €3,263 | - |
| Financial charges65/66B | - | - | - | €241 | €123 | €132 | €148 | €151 | ▲ 2.0% |
| Recurring financial charges65 | €42 | €43 | €57 | €241 | €123 | €132 | €148 | €151 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €2,244 | €6,057 | €2,360 | €463 | €481 | -€3,088 | -€1,380 | €3,112 | - |
| Income taxes67/77 | - | €2,509 | €510 | -€555 | €127 | - | - | - | - |
| Profit (loss) for the period9904 | €2,244 | €3,549 | €1,850 | €1,019 | €355 | -€3,088 | -€1,380 | €3,112 | - |
| Profit (loss) for the period to be appropriated9905 | €2,244 | €3,549 | €1,850 | €1,019 | €355 | -€3,088 | -€1,380 | €3,112 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €147,817 | €153,473 | €158,832 | €157,861 | €157,270 | €154,472 | €155,722 | €155,095 | ▼ 0.4% |
| Fixed assets21/28 | €88,490 | €82,045 | €75,601 | €69,510 | €65,036 | €101,366 | €96,955 | €112,010 | ▲ 15.5% |
| Tangible fixed assets22/27 | €88,040 | €81,595 | €75,151 | €69,060 | €64,586 | €100,916 | €96,955 | €112,010 | ▲ 15.5% |
| Land and buildings22 | - | - | - | €68,022 | €64,204 | €100,916 | €95,721 | €111,085 | ▲ 16.1% |
| Plant, machinery and equipment23 | - | - | - | €1,038 | €382 | - | €1,234 | €925 | ▼ 25.0% |
| Financial fixed assets28 | €450 | €450 | €450 | €450 | €450 | €450 | - | - | - |
| Current assets29/58 | €59,327 | €71,428 | €83,232 | €88,351 | €92,234 | €53,106 | €58,767 | €43,085 | ▼ 26.7% |
| Amounts receivable within one year40/41 | €23,647 | €23,647 | €23,647 | €23,630 | €2,580 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €23,630 | €2,580 | - | - | - | - |
| Cash at bank and in hand54/58 | €35,081 | €47,331 | €59,135 | €64,721 | €88,682 | €52,056 | €57,980 | €42,210 | ▼ 27.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €972 | €1,050 | €787 | €875 | ▲ 11.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €147,817 | €153,473 | €158,832 | €157,861 | €157,270 | €154,472 | €155,722 | €155,095 | ▼ 0.4% |
| Equity10/15 | €70,643 | €74,192 | €76,041 | €77,060 | €77,415 | €74,327 | €72,947 | €76,059 | ▲ 4.3% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | €61,500 | - | - | - |
| Issued capital100 | - | - | - | €61,500 | €61,500 | €61,500 | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | €61,500 | - | - |
| Other1109/19 | - | - | - | - | - | - | €61,500 | - | - |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | €6,150 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €2,993 | €6,542 | €8,391 | €9,410 | €9,765 | €6,677 | €5,297 | €8,409 | ▲ 58.8% |
| Amounts payable17/49 | €77,174 | €79,282 | €82,791 | €80,800 | €79,856 | €80,145 | €82,775 | €79,036 | ▼ 4.5% |
| Amounts payable after more than one year17 | - | - | €2,450 | €3,750 | €3,750 | €3,750 | €4,300 | €4,300 | = |
| Other amounts payable178/9 | - | - | - | €3,750 | €3,750 | €3,750 | €4,300 | €4,300 | = |
| Amounts payable within one year42/48 | €76,524 | €78,632 | €79,691 | €77,050 | €76,106 | €76,395 | €78,475 | €74,286 | ▼ 5.3% |
| Trade debts44 | €1,517 | €1,845 | €2,394 | €1,612 | €911 | €1,348 | €4,149 | - | - |
| Suppliers440/4 | - | - | - | €1,612 | €911 | €1,348 | €4,149 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €371 | €127 | - | - | - | - |
| Taxes450/3 | - | - | - | €371 | €127 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €75,068 | €75,068 | €75,047 | €74,326 | €74,286 | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €450 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,244 | €3,549 | €1,850 | €1,019 | €355 | -€3,088 | -€1,380 | €3,112 | - |
| + Depreciation and write-downs630 | €6,277 | €6,445 | €6,445 | €6,091 | €4,474 | €6,671 | €8,220 | €9,612 | ▲ 16.9% |
| Operating cash flow (approximation) | €8,521 | €9,993 | €8,294 | €7,109 | €4,828 | €3,583 | €6,840 | €12,724 | ▲ 86.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€43,001 | -€3,809 | -€24,667 | ▼ 548% |
| Change in cash | - | €12,251 | €11,804 | €5,586 | €23,961 | -€36,626 | €5,924 | -€15,770 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as MARIMMO has now. Two years later, 0.5% had gone bankrupt and 94.3% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MARIMMO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for MARIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-07-2026 | 2026-00309219 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00453785 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00410582 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00436240 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20370137 | |
| 31-12-2020 | micro format | 25-08-2021 | 2021-59000401 | |
| 31-12-2019 | micro format | 10-06-2020 | 2020-15800312 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-49200246 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-38400344 | |
| 31-12-2016 | micro format | 06-07-2017 | 2017-28500197 |