Financials
- Fiscal year
- 2025
- Total assets
- €91,511
- Loss
- -€39,942
- Solvency
- 19.0%
Total assets▼ 33.5%
Net result
20192025
MARINO
ActiveSummary
The computed 12-month bankruptcy probability of MARINO is 3.2% (moderate). The annual accounts of MARINO for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €17,433 and a net result of -€39,942. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 14676 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102NACE 92311
1 site
How big
€91,511total assets 2025
- Equity
- €17,433
- Loss
- -€39,942
Turnover not published (abridged schema)
Who decides
Accounts 49 d early0 of 8 deeds read
Why 48- Loss of €39,942 (FY 2025)- Sector Food and beverage service activities (NACE 56)- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 12-03-2026)Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
44-23
equity 19.0% of total assets
Liquidity
15-36
short-term debt 75.0% · cash 4.7%
Profitability
0-70
return on assets -43.6%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%▲ +10.4% vs 12-2024
02-2025: 0.4%▼ -1.8% vs 01-2025
03-2025: 0.4%▼ -2.6% vs 02-2025
04-2025: 0.3%▼ -23.1% vs 03-2025
05-2025: 0.3%● 0.0% vs 04-2025
06-2025: 0.3%● 0.0% vs 05-2025
07-2025: 0.3%● 0.0% vs 06-2025
08-2025: 0.3%● 0.0% vs 07-2025
09-2025: 0.3%● 0.0% vs 08-2025
10-2025: 0.3%▼ -1.4% vs 09-2025lowest value
11-2025: 0.3%● 0.0% vs 10-2025lowest value
12-2025: 0.7%▲ +155% vs 11-2025
01-2026: 0.8%▲ +10.1% vs 12-2025
02-2026: 0.9%▲ +13.6% vs 01-2026
03-2026: 0.9%▼ -3.6% vs 02-2026
04-2026: 3.2%▲ +265% vs 03-2026highest value
05-2026: 3.2%● 0.0% vs 04-2026highest value
06-2026: 3.2%● 0.0% vs 05-2026highest value
07-2026: 3.2%● 0.0% vs 06-2026highest value
08-2026: 3.2%● 0.0% vs 07-2026highest value
09-2026: 3.2%● 0.0% vs 08-2026highest value
10-2026: 3.2%● 0.0% vs 09-2026highest value
- Loss of €39,942 (FY 2025) raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2025 (filed 12-03-2026) lowers the probability
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.87 against 1.5 in 2024; short-term debt: 75% and cash: 4.7% of total assets), and 81% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 40%, liquidity 13%, profitability 8%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
33 d early
2023
44 d early
2022
41 d early
2021
31 d early
2020
29 d early
2019
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 20 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €1,613
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 30-04-2027
- 12-03-2026Annual accounts filed
- 28-03-2025Annual accounts filed
- 30-09-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 31-07-2000
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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