MARJEAN
ActiveMARJEAN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €19k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 77% of 2281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+32
Solvency88▲+8
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 1.99 in 2024; short-term debt: 31.6% and cash: 9.7% of total assets), and 37.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
62.7%
Return on assets
11.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €101k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
8 d early
2023
8 d early
2022
30 d late
2021
3 d early
2020
61 d late
2019
81 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▲ 22.9%
2024 · €82k
2018: €94k
2019: €82k
2020: €67k
2021: €76k
2022: €81k
2023: €81k
2024: €82k
2018 → 2025
Total assets
€161k▲ 8.2%
2024 · €149k
2018: €121k
2019: €151k
2020: €99k
2021: €108k
2022: €115k
2023: €119k
2024: €149k
2018 → 2025
Net result
€19k▲ 942%
2024 · €2k
2018: €3k
2019: €-12k
2020: €-15k
2021: €9k
2022: €5k
2023: €-525
2024: €2k
2018 → 2025
Working capital
€74k▲ 38.9%
2024 · €53k
2018: €72k
2019: €62k
2020: €51k
2021: €68k
2022: €47k
2023: €56k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€81k▲ 7.1%€81k▼ 0.6%€82k▲ 2.2%€101k▲ 22.9%
Operating result€11k-€9k▼ 15.4%€3k▼ 67.7%€7k▲ 153%€29k▲ 290%
Net result€9k-€5k▼ 40.3%€-525€2k€19k▲ 942%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 290% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€37k▼ 13.8%
Current assets
€125k▲ 17.0%
Equity and liabilities €161k
Equity
€101k▲ 22.9%
Debt
€60k▼ 10.0%
The debt ratio falls from 44.8% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2024 · €16k
Cash flow
€28k▲
2024 · €10k
Solvency
62.7%▲
2024 · 55.2%
Current ratio
2.45▲
2024 · 1.99
Quick ratio
1.34▲
2024 · 1.16
Debt / equity
0.59▼
2024 · 0.81
ROE
18.6%▲
2024 · 2.2%
ROA
11.7%▲
2024 · 1.2%
Interest coverage
8.40▲
2024 · 3.68
Debt
€60k▼
2024 · €67k
Debt ≤ 1 year
€51k▼
2024 · €54k
Debt > 1 year
€9k▼
2024 · €13k
Income taxes
€6k▲
2024 · €1k
Staff costs
€46k▲
2024 · €33k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€149k€161k▲
Fixed assets21/28€43k€37k▼
Tangible fixed assets22/27€42k€36k▼
Land and buildings22€35k€30k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€1k€223▼
Financial fixed assets28€1k€1k=
Current assets29/58€107k€125k▲
Stocks and contracts in progress3€44k€56k▲
Stocks30/36€44k€56k▲
Amounts receivable within one year40/41€5k€6k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€2k€428▼
Current investments50/53€45k€45k=
Cash at bank and in hand54/58€10k€16k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€149k€161k▲
Equity10/15€82k€101k▲
Contributions10/11€19k€19k=
Reserves13€62k€83k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€35k€56k▲
Profit (loss) carried forward14€2k€0▼
Amounts payable17/49€67k€60k▼
Amounts payable after more than one year17€13k€9k▼
Financial debts170/4€13k€9k▼
Amounts payable within one year42/48€54k€51k▼
Current portion of amounts payable after more than one year42€5k€7k▲
Trade debts44€20k€9k▼
Suppliers440/4€20k€9k▼
Taxes, remuneration and social security45€18k€25k▲
Taxes450/3€13k€16k▲
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€10k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€33k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€7k€7k▼
Gross operating margin9900€56k€92k▲
Operating profit (loss)9901€7k€29k▲
Financial income75/76B€17€27▲
Recurring financial income75€17€27▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€3k€24k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€2k€19k▲
Profit (loss) for the period to be appropriated9905€2k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€21k▲
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€2k€21k▲
To other reserves6921€2k€21k▲
The notes to these accounts (10 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €19k ▲942%
Operating result €29k, net result €19k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲22.9%
2 profitable years in a row build equity to €101k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kuurne · 1 establishment unit since 2015
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.
Marktplein 268520 KuurneGround area
658 m²
Building footprint
340 m²
Volume, LiDAR
3,133 m³
Parcel 34023C0183/00L018, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Marjean
since 20152.246.105.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0183/00L018 | Flanders | 658 m² | 1 · 340 m² | 14.6 m · 3 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
2022 · 2 entries · 7,328 EUR awarded · 7,328 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 7,328 EUR | 7,328 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteKuurne2.246.105.076
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BNE EVENTS
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PEPPERMILL MAASMECHELEN
BE 0472.298.146
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LES PETITS LUTINS
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Of 337 companies in sector 93292 we hold annual accounts for 226. 164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-2004
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
93292Sports, amusement and recreation activities
93291Sports, amusement and recreation activities
55301
55302
55401
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
92623
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.