MARLAND
ActiveMARLAND has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €596k and a net result of €80k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 1536 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▼-13
Solvency59▼-10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.46 in 2023), and 62.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
69 d late
2022
75 d late
2021
123 d late
2020
91 d late
2019
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€80k▼ 4.1%
2023 · €83k
2018: €19k
2019: €-3k
2020: €38k
2021: €97k
2022: €154k
2023: €83k
2018 → 2024
Working capital
€-2k
2023 · €104k
2018: €147k
2019: €129k
2020: €146k
2021: €144k
2022: €198k
2023: €104k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€182k-€279k▲ 53.1%€433k▲ 55.3%€516k▲ 19.1%€596k▲ 15.4%
Operating result€40k-€98k▲ 147%€154k▲ 57.0%€106k▼ 31.2%€99k▼ 6.3%
Net result€38k-€97k▲ 158%€154k▲ 59.4%€83k▼ 46.2%€80k▼ 4.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.57M
Fixed assets
€1.29M▲ 24.4%
Current assets
€279k▼ 15.0%
Equity and liabilities €1.57M
Equity
€596k▲ 15.4%
Provisions
€0▼ 100%
Debt
€974k▲ 15.2%
The debt ratio rises from 61.9% to 62.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€267k▲
2023 · €240k
Cash flow
€248k▲
2023 · €217k
Solvency
37.9%▲
2023 · 37.8%
Current ratio
0.99▼
2023 · 1.46
Quick ratio
0.34▼
2023 · 0.71
Debt / equity
1.64▼
2023 · 1.64
ROE
13.3%▼
2023 · 16.1%
ROA
5.1%▼
2023 · 6.1%
Interest coverage
13.31▼
2023 · 23.26
Debt
€974k▲
2023 · €846k
Debt ≤ 1 year
€281k▲
2023 · €225k
Debt > 1 year
€693k▲
2023 · €621k
Income taxes
€5k▼
2023 · €15k
Staff costs
€18k▼
2023 · €20k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.37M€1.57M▲
Fixed assets21/28€1.04M€1.29M▲
Tangible fixed assets22/27€1.02M€1.27M▲
Land and buildings22€560k€627k▲
Plant, machinery and equipment23€307k€370k▲
Furniture and vehicles24€8k€172k▲
Leasing and similar rights25€146k€104k▼
Financial fixed assets28€17k€17k=
Current assets29/58€329k€279k▼
Stocks and contracts in progress3€168k€184k▲
Stocks30/36€168k€184k▲
Amounts receivable within one year40/41€90k€61k▼
Trade receivables40€81k€47k▼
Other amounts receivable41€8k€14k▲
Current investments50/53€25k€5k▼
Cash at bank and in hand54/58€37k€24k▼
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.57M▲
Equity10/15€516k€596k▲
Contributions10/11€6k€6k=
Reserves13€16k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€14k-
Profit (loss) carried forward14€494k€588k▲
Provisions and deferred taxes16€5k-
Deferred taxes168€5k-
Amounts payable17/49€846k€974k▲
Amounts payable after more than one year17€621k€693k▲
Financial debts170/4€470k€530k▲
Other amounts payable178/9€151k€163k▲
Amounts payable within one year42/48€225k€281k▲
Current portion of amounts payable after more than one year42€110k€129k▲
Financial debts43€5€57▲
Credit institutions430/8€5€57▲
Trade debts44€73k€110k▲
Suppliers440/4€73k€110k▲
Taxes, remuneration and social security45€42k€42k▲
Taxes450/3€31k€35k▲
Remuneration and social security454/9€11k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€20k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€169k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€262k€288k▲
Operating profit (loss)9901€106k€99k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€10k€20k▲
Recurring financial charges65€10k€20k▲
Profit (loss) for the period before taxes9903€97k€80k▼
Transfer from deferred taxes780€800€5k▲
Income taxes67/77€15k€5k▼
Profit (loss) for the period9904€83k€80k▼
Transfer from tax-exempt reserves789€2k€14k▲
Profit (loss) for the period to be appropriated9905€85k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€494k€588k▲
Profit (loss) brought forward from the previous period14P€410k€494k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 120 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 69 days late
2023
31-12
Financial
Equity above €500kEq €516k ▲19.1%
4 profitable years in a row build equity to €516k.
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 75 days late
2022
31-12
Financial
Highest result since 2018net €154k ▲59.4%
Operating result €154k, net result €154k, both a record.
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 123 days late
2021
31-12
Financial
Equity above €200kEq €279k ▲53.1%
2 profitable years in a row build equity to €279k.
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 91 days late
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Equity above €150kEq €182k ▲25.5%
Equity rises from €145k to €182k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼113%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Büllingen · 1 establishment unit since 2009
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.
Honsfeld 2774760 Büllingen1 establishment unit
MARLAND
since 20092.178.157.071
Recognitions · licences · registrations
Food safety, FASFC
1 siteBüllingen/Bullange2.178.157.071
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Of 20,585 companies in sector 01500 we hold annual accounts for 1,144. 876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2009
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.