MARINUS
ActiveSummary
MARINUS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €8k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 4603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+32
Solvency49▲+7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.1 in 2024; short-term debt: 43.2% and cash: 27.3% of total assets), and 76.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 49
Relative position
BE, all sectors
reference
Sector 49
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
23.6%
Return on assets
4.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
35 d early
2023
41 d early
2022
27 d early
2021
31 d early
2020
32 d early
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 21.3%
2024 · €39k
2018: €70k
2019: €70k
2020: €70k
2021: €58k
2022: €48k
2023: €60k
2024: €39k
2018 → 2025
Total assets
€199k▼ 11.1%
2024 · €224k
2018: €102k
2019: €169k
2020: €146k
2021: €184k
2022: €146k
2023: €276k
2024: €224k
2018 → 2025
Net result
€8k
2024 · €-21k
2018: €3k
2019: €6k
2020: €7k
2021: €-12k
2022: €-10k
2023: €18k
2024: €-21k
2018 → 2025
Working capital
€32k▲ 235%
2024 · €10k
2018: €57k
2019: €38k
2020: €46k
2021: €29k
2022: €26k
2023: €18k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€48k▼ 17.6%€60k▲ 24.9%€39k▼ 35.6%€47k▲ 21.3%
Operating result€-10k-€-9k▲ 8.8%€22k€-16k€13k
Net result€-12k-€-10k▲ 11.9%€18k€-21k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€80k ▼ 32.1%
Current assets
€118k ▲ 12.3%
Equity and liabilities €199k
Equity
€47k ▲ 21.3%
Debt
€152k ▼ 17.9%
Debt's share of the balance-sheet total falls from 82.7% to 76.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €26k
Cash flow
€50k▲
2024 · €20k
Current ratio
1.38▲
2024 · 1.10
Quick ratio
1.37▲
2024 · 1.08
Debt to equity
3.24▼
2024 · 4.78
ROE
17.5%▲
2024 · -55.2%
ROA
4.1%▲
2024 · -9.6%
Interest coverage
10.88▲
2024 · 4.23
Debt ≤ 1 year
€86k▼
2024 · €96k
Debt > 1 year
€66k▼
2024 · €89k
Staff costs
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€224k€199k▼
Fixed assets21/28€118k€80k▼
Intangible fixed assets21€1k€740▼
Tangible fixed assets22/27€117k€79k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€113k€74k▼
Financial fixed assets28€283€283=
Current assets29/58€105k€118k▲
Stocks and contracts in progress3€2k€487▼
Stocks30/36€2k€487▼
Amounts receivable within one year40/41€41k€60k▲
Trade receivables40€29k€53k▲
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€59k€54k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€224k€199k▼
Equity10/15€39k€47k▲
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€-21k€-13k▲
Amounts payable17/49€185k€152k▼
Amounts payable after more than one year17€89k€66k▼
Financial debts170/4€89k€66k▼
Amounts payable within one year42/48€96k€86k▼
Current portion of amounts payable after more than one year42€28k€25k▼
Trade debts44€32k€13k▼
Suppliers440/4€32k€13k▼
Taxes, remuneration and social security45€36k€48k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9€32k€40k▲
Income statement
Code20242025
Non-recurring operating income76A-€6
Remuneration, social security and pensions62€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€42k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€35k€64k▲
Operating profit (loss)9901€-16k€13k▲
Financial income75/76B€478€138▼
Recurring financial income75€478€138▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-21k€8k▲
Profit (loss) for the period9904€-21k€8k▲
Profit (loss) for the period to be appropriated9905€-21k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-13k▲
Profit (loss) brought forward from the previous period14P-€-21k
The notes to these accounts (13 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼221%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brecht · 1 establishment unit since 1995
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.
Mieksebaan 1192960 BrechtGround area
1,237 m²
Building footprint
147 m²
Volume, LiDAR
857 m³
Parcel 11009M0029/00M000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARINUS
since 19952.072.507.740
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0029/00M000 | Flanders | 1,237 m² | 1 · 147 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 36 EUR awarded · 381 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 36 EUR | 36 EUR |
| 2024 | 1 | 0 EUR | 345 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrecht2.072.507.740
Similar companies · same sector, comparable size
TRANSPORT J. ROBYNS
BE 0802.419.038
Londerzeel · Eq €46,913
Toon Van Impe Transport
BE 1002.906.259
Oosterzele · Eq €47,016
Gyles Transport
BE 0414.029.355
Lier · Eq €46,868
MANISS
BE 0741.785.130
Hasselt · Eq €47,039
BENNY TRANS
BE 0472.203.324
Zaventem · Eq €47,046
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,965 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-1995
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.