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Marivan

Active
Private limited companyfounded 2024active for 1 yearStedestraat 21, 8530 Harelbeke, BelgiumKBO/BCE: BE 1017.626.208
Summary

Marivan has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,697 and a net result of €22,697. Its solvency ranks better than 79% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 18-12-2024 Normal situation
Activity
Site preparation NACE 43120and 1 other
Establishment unit
2.369.807.691 8530 Harelbeke, since 01-01-2025
Financial year end
31 December
Peppol
Reachable since 15-11-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€29,540
Turnover
≈ €170,000
estimated
Profit
€22,697
Equity
€27,697
Total assets
€37,459
Score breakdownraises riskSize: total assets €37,459Founded in 2024lowers riskLiquidity: current ratio 3.84, cash €29,281Equity €27,697 (73.9% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 87% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 99
equity 73.9% of total assets
Liquidity 90
short-term debt 26.1% · cash 78.2%
Profitability 100
return on assets 60.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 01-2026: 1.9% 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 2.0%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.3 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.7%▲ +0.3 percentage points vs 05-2026 07-2026: 3.0%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -2.6 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.84, above the usual 1.5. Short-term debt is 26.1% and cash 78.2% of total assets. 26.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 80% of them on solvency, 87% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.84, cash €29,281
NBB · annual accounts
raises risk · Size: total assets €37,459
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €27,697 (73.9% of total assets)
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-07-2026 at the NBB

Turnover
≈ €170,000
Estimated: probably between €110,000 and €360,000
Total assets
€37,459
Net result
€22,697
Working capital
€27,697

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €37,459
Equity €27,697
Debt €9,762
Debt's share of the balance-sheet total is 26.1%.
Key figures and ratios
2025 value
Current ratio
3.84
Debt to equity
0.35
ROE
81.9%
ROA
60.6%
Debt ≤ 1 year
€9,762
Income taxes
€6,514
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€37,459
Current assets29/58€37,459
Amounts receivable within one year40/41€8,178
Trade receivables40€7,209
Other amounts receivable41€969
Cash at bank and in hand54/58€29,281
Equity and liabilities
Total equity and liabilities10/49€37,459
Equity10/15€27,697
Contributions10/11€5,000
Profit (loss) carried forward14€22,697
Amounts payable17/49€9,762
Amounts payable within one year42/48€9,762
Trade debts44€924
Suppliers440/4€924
Taxes, remuneration and social security45€8,839
Taxes450/3€8,839
Income statement Code2025
Other operating charges640/8€234
Gross operating margin9900€29,540
Operating profit (loss)9901€29,306
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€101
Recurring financial charges65€101
Profit (loss) for the period before taxes9903€29,210
Income taxes67/77€6,514
Profit (loss) for the period9904€22,697
Profit (loss) for the period to be appropriated9905€22,697
Appropriation of the result
Profit (loss) to be appropriated9906€22,697

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

Line2025
Other operating charges640/8€234
Gross operating margin9900€29,540
Operating profit (loss)9901€29,306
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€101
Recurring financial charges65€101
Profit (loss) for the period before taxes9903€29,210
Income taxes67/77€6,514
Profit (loss) for the period9904€22,697
Profit (loss) for the period to be appropriated9905€22,697
Line2025
Assets
Total assets20/58€37,459
Current assets29/58€37,459
Amounts receivable within one year40/41€8,178
Trade receivables40€7,209
Other amounts receivable41€969
Cash at bank and in hand54/58€29,281
Equity and liabilities
Total equity and liabilities10/49€37,459
Equity10/15€27,697
Contributions10/11€5,000
Profit (loss) carried forward14€22,697
Amounts payable17/49€9,762
Amounts payable within one year42/48€9,762
Trade debts44€924
Suppliers440/4€924
Taxes, remuneration and social security45€8,839
Taxes450/3€8,839
Line2025
Profit (loss) for the period9904€22,697
Operating cash flow (approximation)€22,697

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as Marivan has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of Marivan itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for Marivan. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00349304 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
Heggermont Brecht
Statutory director · appointed in the act of 20-12-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 29-07-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
deed of 20-12-2024

Owners and capital

Shareholders

At incorporation act of 20-12-2024 ↗

Capital transactions

Capital over time
  1. 20-12-2024 Incorporation · €5,000 · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Heggermont Brecht
  • Statutory director, appointed in the act of 20-12-2024, still in office
HEGGERMON Brecht
  • Statutair bestuurder, appointed in the act of 20-12-2024, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen al dan niet aandeelhouder, 1”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Gelijk recht in winstverdeling, 1”

Articles of association, deed of 20-12-2024 (in Dutch)

Network & group

Marivan shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Marivan. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
29-07
NBB filing Annual accounts 2025 filedNBB
micro format · 2 days before the deadline
2024
20-12
Gazette deed Incorporation
Starting capital €5,000 · Appointments: Heggermont Brecht (statutory director) and HEGGERMON Brecht (statutair bestuurder) · Registered office clause · Board rule7 points ▸
  • Registered office clause, “8530 Harelbeke,Stedestraat 21” (deed in Dutch)
  • Board rule, 1
  • Director appointment, Heggermont Brecht (statutory director)
  • Incorporation, “Marivan” (deed in Dutch)
  • Founder, HEGGERMON Brecht
  • Founding capital, €5,000
  • Director appointment, HEGGERMON Brecht (statutair bestuurder)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name Marivan in Dutch
Enterprise number 1017.626.208
Legal form Private limited company
Status Active, normale toestand
Founded 18-12-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-12-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan_bij_enkel_besluit_administratieve_zetels_agentschappen_werkhuizen_stapelplaatsen_bijkantoren_in_België_of_buit…”
deed of 20-12-2024 (in Dutch)

Registered office and establishments

Registered office Stedestraat 21, 8530 Harelbeke, Belgium
Establishment unit Stedestraat 21, 8530 Harelbeke since 01-01-2025 · unit number 2.369.807.6914312001 Site preparation

Activities

NACEBEL 2025
43120 Site preparation main activity
77229 Renting and leasing of other personal and household goods

Invoicing and payment

VAT number BE 1017.626.208
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1017626208
Other Peppol ID 9925:BE1017626208
Registered 15-11-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1017.626.208

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
326 m²
Building footprint
155 m²
Building volume
881 m³
Cadastral parcel Region Area Buildings Height / floors
34323D0037/00K005 Flanders 326 m² 1 · 155 m² 9.1 m · 2