MARINO
ActiveFor MARINO, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €57k and a net result of €-88k. Equity is shrinking by ~29.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2023. Its solvency ranks better than 27% of 14648 sector peers (fiscal year 2022). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2020
Profitability0▼-7
Solvency36▼-30
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
10.6%
Return on assets
-16.3%
Age of the figures
48 mo
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
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 →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 29-06-2023, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
60 d late
2020
31 d late
2018
on the day
2016
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-88k▼ 30.7%
2020 · €-67k
2018: €-10k
2020: €-67k
2018 → 2022
Working capital
€1k▼ 99.3%
2020 · €175k
2018: €272k
2020: €175k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820202022Trend
Equity€322k-€225k▼ 30.2%€57k▼ 74.7%
Operating result€-15k-€-74k▼ 407%€-87k▼ 18.4%
Net result€-10k-€-67k▼ 595%€-88k▼ 30.7%
Result per fiscal year
Operating resultNet result
The operating result is €-87k in 2022, compared with €-74k in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €537k
Fixed assets
€56k▲ 10.8%
Current assets
€481k▼ 3.6%
Equity and liabilities €537k
Equity
€57k▼ 74.7%
Debt
€480k▲ 47.9%
The debt ratio rises from 59.1% to 89.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
10.6%▼
2020 · 40.9%
Current ratio
1.00▼
2020 · 1.54
Quick ratio
0.17▼
2020 · 0.49
Debt / equity
8.42
ROE
-153.8%▼
2020 · -29.8%
ROA
-16.3%▼
2020 · -12.2%
Debt
€480k▲
2020 · €324k
Debt ≤ 1 year
€480k▲
2020 · €324k
Staff costs
€97k
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 · 2022 against 2020
Balance sheet
Code20202022
Assets
Total assets20/58€549k€537k▼
Fixed assets21/28€50k€56k▲
Tangible fixed assets22/27€50k€56k▲
Land and buildings22-€49k
Plant, machinery and equipment23-€283
Other tangible fixed assets26-€6k
Current assets29/58€499k€481k▼
Stocks and contracts in progress3€341k€400k▲
Stocks30/36-€400k
Amounts receivable within one year40/41€139k€68k▼
Trade receivables40-€56k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€15k€4k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€549k€537k▼
Equity10/15€225k€57k▼
Contributions10/11€63k€63k=
Capital10-€63k
Issued capital100-€63k
Reserves13€162k€63k▼
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Tax-exempt reserves132-€56k
Profit (loss) carried forward14€426€-69k▼
Amounts payable17/49€324k€480k▲
Amounts payable within one year42/48€324k€480k▲
Trade debts44€78k€21k▼
Suppliers440/4-€21k
Taxes, remuneration and social security45-€19k
Taxes450/3-€229
Remuneration and social security454/9-€18k
Other amounts payable47/48-€440k
Income statement
Code20202022
Remuneration, social security and pensions62-€97k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8-€11k
Gross operating margin9900€36k€21k▼
Operating profit (loss)9901€-74k€-87k▼
Recurring financial income75€7k-
Financial charges65/66B-€312
Recurring financial charges65€538€312▼
Profit (loss) for the period before taxes9903€-67k€-88k▼
Profit (loss) for the period9904€-67k€-88k▼
Profit (loss) for the period to be appropriated9905€-67k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-88k
Profit (loss) brought forward from the previous period14P-€139
Transfer from equity791/2-€19k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
30-09
Financial
Weakest financial yearnet €-88k
Net result drops to €-88k, the lowest in the series.
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
29-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 29 days late
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 86 days late
2012
25-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
29-04
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vielsalm · 1 establishment unit since 2003
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.
Route de Cierreux 136690 VielsalmGround area
1,698 m²
Building footprint
256 m²
Parcel 82006F0711/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
MARINO
since 20032.132.406.527
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82006F0711/00G002 | Wallonia | 1,698 m² | 1 · 256 m² | - |
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.
Similar companies · same sector, comparable size
Car Comfort Solutions
BE 0506.776.302
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BANDEN REDANT ANTWERPEN
BE 0697.566.788
Antwerpen · Eq €57k
Preminox
BE 0751.904.606
Herstal · Eq €56k
INOX EUROPA
BE 0774.900.732
Antwerpen · Eq €56k
Société des Métaux Etablissements Haarscher
BE 0402.960.170
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Of 1,747 companies in sector 46720 we hold annual accounts for 1,083. 524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-03-2003
Fiscal year end30-09
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45310
46720Wholesale of motor vehicle parts and accessories
50103
50301
45112
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
50102
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.