MARIN'S
ActiveMARIN'S has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €108k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+63
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 1.0 in 2024; short-term debt: 19.9% and cash: 33.4% of total assets), and 19.9% 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
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
80.1%
Return on assets
62.9%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-10-2025, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 d early
2024
4 d early
2023
8 d early
2022
25 d early
2021
94 d early
2020
96 d early
2019
92 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€108k▼ 24.5%
2024 · €143k
2019: €11k
2020: €35k
2021: €25k
2022: €41k
2023: €89k
2024: €143k
2019 → 2025
Working capital
€116k
2024 · €-21
2019: €6
2020: €-5k
2021: €12k
2022: €-5k
2023: €14k
2024: €-21
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€25k▲ 26.7%€35k▲ 39.7%€30k▼ 15.2%€138k▲ 365%
Operating result€37k-€55k▲ 50.3%€124k▲ 124%€193k▲ 56.0%€154k▼ 20.5%
Net result€25k-€41k▲ 65.5%€89k▲ 115%€143k▲ 61.8%€108k▼ 24.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€22k▼ 24.9%
Current assets
€150k▼ 29.7%
Equity and liabilities €172k
Equity
€138k▲ 365%
Debt
€34k▼ 84.0%
The debt ratio falls from 87.8% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161k▼
2024 · €197k
Cash flow
€116k▼
2024 · €147k
Solvency
80.1%▲
2024 · 12.2%
Current ratio
4.38▲
2024 · 1.00
Quick ratio
4.38▲
2024 · 1.00
Debt / equity
0.25▼
2024 · 7.20
ROE
78.5%▼
2024 · 483.9%
ROA
62.9%▲
2024 · 59.0%
Interest coverage
40.19▲
2024 · 36.18
Debt
€34k▼
2024 · €213k
Debt ≤ 1 year
€34k▼
2024 · €213k
Income taxes
€41k▼
2024 · €44k
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€243k€172k▼
Fixed assets21/28€30k€22k▼
Tangible fixed assets22/27€30k€22k▼
Furniture and vehicles24€27k€20k▼
Other tangible fixed assets26€3k€3k=
Current assets29/58€213k€150k▼
Amounts receivable within one year40/41€150k€92k▼
Trade receivables40€138k€80k▼
Other amounts receivable41€12k€12k▼
Cash at bank and in hand54/58€63k€58k▼
Deferred charges and accrued income490/1€212€418▲
Equity and liabilities
Total equity and liabilities10/49€243k€172k▼
Equity10/15€30k€138k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€28k€136k▲
Amounts payable17/49€213k€34k▼
Amounts payable within one year42/48€213k€34k▼
Trade debts44€57k€15k▼
Suppliers440/4€57k€15k▼
Taxes, remuneration and social security45€26k€19k▼
Taxes450/3€26k€19k▼
Other amounts payable47/48€131k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€3k€396▼
Gross operating margin9900€200k€161k▼
Operating profit (loss)9901€193k€154k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€188k€150k▼
Income taxes67/77€44k€41k▼
Profit (loss) for the period9904€143k€108k▼
Profit (loss) for the period to be appropriated9905€143k€108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€136k▼
Profit (loss) brought forward from the previous period14P€14k€28k▲
Profit to be distributed694/7€130k-
Return on contributions (dividend)694€130k-
The notes to these accounts (3 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
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Liquidity quadruplescurrent ratio 4.38
Current ratio from 1.00 to 4.38; short-term debt falls from €213k to €34k.
30-06
Financial
Equity above €100kEq €138k ▲365%
7 profitable years in a row build equity to €138k.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €143k ▲61.8%
Operating result €193k, net result €143k, both a record.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-10
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
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-10-2025
Resigned as Director
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 1999
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.
Rue Corneil Gomzé 464802 VerviersGround area
281 m²
Building footprint
97 m²
Volume, LiDAR
575 m³
Parcel 63036A0487/00Y004, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARIN'S
since 19992.091.585.066
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0487/00Y004 | Wallonia | 281 m² | 1 · 97 m² | 7.9 m · 2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,946 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-1999
Fiscal year end30-06
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.