MARJO
ActiveSummary
The computed 12-month bankruptcy probability of MARJO is 2.4% (moderate). The 2024 annual accounts show equity of €101,598 and a net result of -€12,360. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 26040 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 6 accounts on average 86 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €523,106 | - | - | - | - | - |
| Non-recurring operating income76A | - | €29,196 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,614 | €5,196 | €2,519 | €1,255 | €713 | ▼ 43.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4,747 | - | - | - |
| Other operating charges640/8 | - | €660 | €337 | €593 | €1,097 | ▲ 85.0% |
| Gross operating margin9900 | €47,721 | €11,150 | €9,836 | €9,238 | -€10,185 | ▼ 210% |
| Operating profit (loss)9901 | €40,560 | €5,294 | €2,234 | €7,390 | -€11,995 | ▼ 262% |
| Financial income75/76B | - | - | €0 | €1 | €0 | ▼ 67.9% |
| Recurring financial income75 | €0 | - | €0 | €1 | €0 | ▼ 67.9% |
| Financial charges65/66B | - | €357 | €827 | €479 | €365 | ▼ 23.8% |
| Recurring financial charges65 | €370 | €357 | €827 | €479 | €365 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €40,191 | €4,938 | €1,407 | €6,912 | -€12,360 | ▼ 279% |
| Income taxes67/77 | €4,601 | - | - | - | - | - |
| Profit (loss) for the period9904 | €35,590 | €4,938 | €1,407 | €6,912 | -€12,360 | ▼ 279% |
| Profit (loss) for the period to be appropriated9905 | €35,590 | €4,938 | €1,407 | €6,912 | -€12,360 | ▼ 279% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,189 | €149,435 | €195,405 | €188,537 | €298,676 | ▲ 58.4% |
| Fixed assets21/28 | €10,922 | €5,726 | €3,207 | €1,952 | €1,239 | ▼ 36.5% |
| Tangible fixed assets22/27 | €10,862 | €5,666 | €3,147 | €1,892 | €1,179 | ▼ 37.7% |
| Land and buildings22 | - | €3,898 | €2,605 | €1,892 | €1,179 | ▼ 37.7% |
| Plant, machinery and equipment23 | - | €1,148 | €541 | - | - | - |
| Furniture and vehicles24 | - | €620 | - | - | - | - |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €109,267 | €143,709 | €192,199 | €186,585 | €297,437 | ▲ 59.4% |
| Stocks and contracts in progress3 | €2,590 | €53,865 | €93,658 | €90,442 | €230,624 | ▲ 155% |
| Stocks30/36 | - | €53,865 | €93,658 | €90,442 | €230,624 | ▲ 155% |
| Amounts receivable within one year40/41 | €68,200 | €83,658 | €92,393 | €95,337 | €61,346 | ▼ 35.7% |
| Trade receivables40 | - | €79,683 | €92,393 | €95,337 | €61,346 | ▼ 35.7% |
| Other amounts receivable41 | - | €3,974 | - | - | - | - |
| Cash at bank and in hand54/58 | €38,162 | €5,208 | €5,356 | €460 | €5,422 | ▲ 1,078% |
| Deferred charges and accrued income490/1 | - | €979 | €792 | €345 | €46 | ▼ 86.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,189 | €149,435 | €195,405 | €188,537 | €298,676 | ▲ 58.4% |
| Equity10/15 | €100,701 | €105,639 | €107,046 | €113,958 | €101,598 | ▼ 10.8% |
| Contributions10/11 | €19,685 | €19,685 | €19,685 | €19,685 | €19,685 | = |
| Reserves13 | €81,016 | €85,954 | €87,361 | €94,273 | €94,273 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | €83,954 | €85,361 | €92,273 | €92,273 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€12,360 | - |
| Amounts payable17/49 | €19,488 | €43,796 | €88,360 | €74,579 | €197,078 | ▲ 164% |
| Amounts payable within one year42/48 | €19,488 | €43,796 | €88,360 | €74,579 | €197,078 | ▲ 164% |
| Trade debts44 | €5,523 | €34,795 | €69,363 | €55,504 | €158,166 | ▲ 185% |
| Suppliers440/4 | - | €34,795 | €69,363 | €55,504 | €158,166 | ▲ 185% |
| Taxes, remuneration and social security45 | - | €9,002 | €13,422 | €13,874 | €9,981 | ▼ 28.1% |
| Taxes450/3 | - | €9,002 | €13,422 | €13,874 | €9,981 | ▼ 28.1% |
| Other amounts payable47/48 | - | - | €5,575 | €5,201 | €28,931 | ▲ 456% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,590 | €4,938 | €1,407 | €6,912 | -€12,360 | ▼ 279% |
| + Depreciation and write-downs630 | €5,614 | €5,196 | €2,519 | €1,255 | €713 | ▼ 43.2% |
| Operating cash flow (approximation) | €41,203 | €10,134 | €3,926 | €8,167 | -€11,647 | ▼ 243% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€32,955 | €149 | -€4,896 | €4,961 | ▲ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0038/00K000 | Flanders | 7,925 m² | 1 · 4,905 m² | 12.9 m · 2 fl. |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.