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Generated 31-08-2026
Active BE 0776.407.794Private limited company

MARINEL EUROPE BV

Terbekehofdreef 49 ·2610 Antwerpen, Belgium· 4 yrs active
Sector: Groothandel in bouwmaterialen, algemeen assortiment (46831)
Conclusion Checked

The computed 12-month bankruptcy probability of MARINEL EUROPE BV is 4.3% (elevated). The 2023 annual accounts show negative equity (€-86k) and a net result of €-87k. Its solvency ranks better than 10% of 3026 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-86k
Net result €-87k
Better than sector 10%
Active 4 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability33Solvency33Growth32Stability94
38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 33
Solvency 33
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.3% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 22-11-2024 with the NBB · fiscal year 2023 · micro
€-100k€-75k€-50k€-25k€0Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kRevenue 2023: €948€948Operating result 2023: €-87k€-87kNet result 2023: €-87k€-87k20222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -70.9% 25.2%
better than 10% of 3026 sector peers
Net result €-87k €4k
better than 5% of 3016 sector peers
Equity €-86k €20k
better than 6% of 3037 sector peers
Gross operating margin €-71k €18k
better than 5% of 3006 sector peers
Staff costs €15k €28k
higher than 36% of 834 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€948
- 22-23
EBITDA
€-87k
- 22-23
Net profit
€-87k
-2239.9% 22-23
Cash flow
€-87k
- 22-23
Total assets
€121k
+386.4% 22-23
Equity
€-86k
- 22-23
Working capital
€-110k
- 22-23
Staff costs
€15k
- 22-23
Show 11 other metrics
Debt
€207k
+776.2% 22-23
Debt ≤ 1y
€207k
+776.2% 22-23
Current ratio
0.47
-55.6% 22-23
Quick ratio
0.14
-86.8% 22-23
Solvency
-70.9%
- 22-23
Debt / equity
-2.41
- 22-23
ROE
101.5%
- 22-23
ROA
-71.9%
-381.0% 22-23
Net margin
-9179.5%
- 22-23
EBITDA margin
-9158.6%
- 22-23
Interest coverage
-1924.71
- 22-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€948
EBITDA€-87k
Net profit€-87k
Cash flow€-87k
Staff costs€15k
Income taxes-
Dividends-
Total assets€121k
Equity€-86k
Debt€207k
of which ≤ 1y€207k
of which > 1y-
Working capital€-110k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.47
Quick ratio0.14
Working capital ratio-90.9%
Solvency-70.9%
Debt / equity-2.41
Long-term debt ratio-
Interest coverage-1924.71
Gross margin-7468.5%
Net margin-9179.5%
ROA-71.9%
ROE101.5%
EBITDA margin-9158.6%
Days sales outstanding266d
Days payable outstanding369d
Inventory turnover1.06
Days inventory (DSI)346d
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€121k
Fixed assets 21/28€24k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€14k
Current assets 29/58€97k
Stocks & contracts in progress 3€68k
Amounts receivable within one year 40/41€690
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€121k
Equity 10/15€-86k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-91k
Amounts payable 17/49€207k
Amounts payable within one year 42/48€207k
Trade debts payable within one year 44€73k
Income statement
Turnover 70€948
Gross operating margin 9900€-71k
Operating result 9901€-87k
Financial charges 65€45
Result before taxes 9903€-87k
Net result for the period 9904€-87k
Result to be appropriated 9905€-87k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Groothandel in bouwmaterialen, algemeen assortiment(46831)
Legal form Private limited company(610)
Incorporation22-10-2021
StatusActive
Postal code2610
Establishment units 1 location
MARINEL EUROPE BV
Terbekehofdreef 49, 2610 AntwerpenHandelsbemiddeling in verf en vernis
since 20222.339.380.870
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0176/00A004 Flanders 1.6 ha 1 · 9,977 m² 11.0 m · 2 fl.
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.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
22-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
20-11-2023
State Gazette act Registered-office change
28-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
19-06-2023
State Gazette act Registered-office change
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Address history · 2
20-11-2023
Registered-office move
19-06-2023
Registered-office move
All acts · 2 updated 2 years ago
2023
20-11-2023 Registered office moved from Beringen to Wilrijk Registered-office change
  • Koolmijnlaan 232 - 3580 Beringen → Terbekehofdreef 49A - 2610 Wilrijk
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Terbekehofdreef 49A - 2610 Wilrijk",
        "city": "Wilrijk",
        "region": "vlaams_gewest",
        "street": "Terbekehofdreef",
        "country": "BE",
        "postcode": "2610",
        "box_number": null,
        "street_number": "49A",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Koolmijnlaan 232 - 3580 Beringen",
        "city": "Beringen",
        "region": "vlaams_gewest",
        "street": "Koolmijnlaan",
        "country": "BE",
        "postcode": "3580",
        "box_number": null,
        "street_number": "232",
        "locality_suffix": null
      },
      "effective_date": "2023-11-08",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-11-20",
    "filing_date": "2023-11-08",
    "act_kind_objet": "WIJZIGING MAATSCHAPPELIJKE ZETEL"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-10-03",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0776.407.794",
    "name_full": "MARINEL EUROPE BV",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Serhat KARASU",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
19-06-2023 Registered office moved from Houthalen to Beringen Registered-office change
  • Centrum - Zuid 2606 - 3530 Houthalen - Helchteren → Koolmijnlaan 232 - 3580 Beringen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Koolmijnlaan 232 - 3580 Beringen",
        "city": "Beringen",
        "region": "vlaams_gewest",
        "street": "Koolmijnlaan",
        "country": "BE",
        "postcode": "3580",
        "box_number": null,
        "street_number": "232",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Centrum - Zuid 2606 - 3530 Houthalen - Helchteren",
        "city": "Houthalen",
        "region": "vlaams_gewest",
        "street": "Centrum - Zuid",
        "country": "BE",
        "postcode": "3530",
        "box_number": null,
        "street_number": "2606",
        "locality_suffix": "(H-G)"
      },
      "effective_date": "2022-09-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-06-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2022-09-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0776.407.794",
    "name_full": "Marinel Europe",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Serhat KARASU",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Groothandel in bouwmaterialen, algemeen assortiment46831Algemene bouw van residentiële gebouwen41001Algemene bouw van andere niet-residentiële gebouwen41003Ontwikkeling van niet-residentiële bouwprojecten68122Groothandel in farmaceutische en medische artikelen46460
Primary activity highlighted.
Names & trade names
Legal nameNL MARINEL EUROPE BV
Registered office
Terbekehofdreef 49 bus A
2610 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative