MARINA VAN ES
ActiveMARINA VAN ES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +36 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency80▲+48
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.23 in 2024), but 55.1% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
44.9%
Return on assets
25.9%
Age of the figures
12 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €20k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-03-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 d early
2024
29 d early
2023
48 d early
2022
51 d early
2021
57 d early
2020
52 d early
2019
49 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 136%
2024 · €9k
2018: €107k
2019: €118k
2020: €127k
2021: €38k
2022: €3k
2023: €14k
2024: €9k
2018 → 2025
Total assets
€45k▲ 9.2%
2024 · €41k
2018: €225k
2019: €209k
2020: €205k
2021: €113k
2022: €57k
2023: €51k
2024: €41k
2018 → 2025
Net result
€12k
2024 · €-5k
2018: €4k
2019: €11k
2020: €11k
2021: €-89k
2022: €-34k
2023: €10k
2024: €-5k
2018 → 2025
Working capital
€14k▲ 88.0%
2024 · €7k
2018: €-95k
2019: €-88k
2020: €-64k
2021: €50k
2022: €1k
2023: €12k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€3k▼ 90.9%€14k▲ 297%€9k▼ 37.8%€20k▲ 136%
Operating result€-89k-€-26k▲ 71.3%€9k€-9k€9k
Net result€-89k-€-34k▲ 61.5%€10k€-5k€12k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €9k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€6k▲ 482%
Current assets
€39k▼ 3.2%
Equity and liabilities €45k
Equity
€20k▲ 136%
Debt
€25k▼ 24.2%
The debt ratio falls from 79.2% to 55.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€10k▲
2024 · €-8k
Cash flow
€12k▲
2024 · €-5k
Solvency
44.9%▲
2024 · 20.8%
Current ratio
1.57▲
2024 · 1.23
Quick ratio
1.57▲
2024 · 1.23
Debt / equity
1.23▼
2024 · 3.82
ROE
57.7%▲
2024 · -60.7%
ROA
25.9%▲
2024 · -12.6%
Interest coverage
-132.20▼
2024 · 2.11
Debt
€25k▼
2024 · €32k
Debt ≤ 1 year
€25k▼
2024 · €32k
Income taxes
€231▲
2024 · €222
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€41k€45k▲
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€1k€6k▲
Plant, machinery and equipment23€1k€381▼
Furniture and vehicles24-€6k
Current assets29/58€40k€39k▼
Amounts receivable within one year40/41€1k€0▼
Trade receivables40€1k€0▼
Current investments50/53€31k€33k▲
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€41k€45k▲
Equity10/15€9k€20k▲
Contributions10/11€6k€6k=
Reserves13€26k€26k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-23k€-12k▲
Amounts payable17/49€32k€25k▼
Amounts payable within one year42/48€32k€25k▼
Trade debts44€1k€546▼
Suppliers440/4€1k€546▼
Taxes, remuneration and social security45€1k€993▼
Taxes450/3€1k€993▼
Other amounts payable47/48€30k€23k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€660€877▲
Other operating charges640/8€610€707▲
Gross operating margin9900€-8k€11k▲
Operating profit (loss)9901€-9k€9k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€-4k€-77▲
Recurring financial charges65€-4k€-77▲
Profit (loss) for the period before taxes9903€-5k€12k▲
Income taxes67/77€222€231▲
Profit (loss) for the period9904€-5k€12k▲
Profit (loss) for the period to be appropriated9905€-5k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-12k▲
Profit (loss) brought forward from the previous period14P€-18k€-23k▼
The notes to these accounts (5 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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-89k ▼915%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 12current ratio 1.84
Current ratio from 0.15 to 1.84; short-term debt falls from €75k to €60k.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
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.
Directors · office · real estate
Directors
3 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, Heist-op-den-Berg · 1 establishment unit since 2010
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.
Jaarmarktstraat 18/A2221 Heist-op-den-BergGround area
1,255 m²
Building footprint
136 m²
Volume, LiDAR
1,062 m³
Parcel 12006D0694/00A000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Marina Van Es
since 20102.187.474.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006D0694/00A000 | Flanders | 1,255 m² | 1 · 136 m² | 11.0 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.
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Of 2,319 companies in sector 47621 we hold annual accounts for 1,235. 928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2010
Fiscal year end30-09
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47242Retail sale of chocolate and confectionery
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.