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MARLO

Active Private limited company (pre-2019)founded 2005active for 21 yearsRoute du Condroz 151, 4031 LiègeKBO/BCE: BE 0876.646.705
MARLO
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 31-07-2026, on the day of the deadline
€33,670
€5,481
▼ 45.9%
€19,881
▼ 18.9%
€9,930
▼ 38.1%
-6.3%
▼ 0.6 percentage points
0.68
▲ 0.33

Money flows

of every €100 of turnover, €13.28 was lost in 2025

Balance sheet

balance sheet total €475,698 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 475,698449,907457,859464,860471,775485,852472,893447,298526,264542,676580,564665,644675,914712,989779,918824,519867,489884,115924,300972,245
20 0---------------200400600800
21/28 312,000326,400340,800356,443372,086387,729411,372431,334461,508460,173485,816512,427510,313531,180552,046573,230588,866618,134651,688653,866
21 0-------------------
22/27 312,000326,400340,800356,443372,086387,729411,372431,334461,508460,173485,816512,427510,313531,180552,046573,230588,666617,734651,088653,066
22 312,000326,400340,800356,443372,086387,729403,372412,800427,200441,600456,000470,400484,800499,200513,600528,000556,579585,157613,736642,314
23 0-----8,00018,53434,30818,57329,81642,02725,51331,98038,44644,91231,45131,62236,07910,752
24 0--------------3186379551,273-
25 0-------------------
26 0-------------------
27 0-------------------
28 0-------------------
29/58 163,698123,507117,059108,41799,68998,12361,52215,96564,75582,50394,748153,217165,600181,809227,873251,289278,623265,981272,612318,379
29 0-------------------
290 0-------------------
291 0-------------------
3 0-------------------
30/36 0-------------------
37 0-------------------
40/41 146,404118,104115,589102,68999,68998,12361,522-11,41815,22319,029---4,1504,1504,15010,00010,000751
40 0-----103-11,41815,22319,029---------
41 146,404118,104115,589102,68999,68998,12361,419-------4,1504,1504,15010,00010,000751
50/53 0-------------------
54/58 16,6574,1941,4695,728---15,739-1,5757112474,10555--27,0961,26351648,346
490/1 6371,208-----22653,33865,70575,008152,970161,495181,754223,723247,139247,377254,717262,096269,282
Balance sheet: equity and liabilities
10/49 475,698449,907457,859464,860471,775485,852472,893447,298526,264542,676580,564665,644675,914712,989779,918824,519867,489884,115924,300972,245
10/15 -29,745-25,275-26,918-32,542-46,804-45,818-46,202-18,9902,38382-23,2041,7734,239-1,350-14,292-16,209-14,348-14,700-16,220-15,727
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
10 -6,2006,2006,2006,2006,2006,200-------------
100 -18,40018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -12,20012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
12 0-------------------
13 0-------------------
130/1 0-------------------
1311 0-------------------
1312 0-------------------
1313 0-------------------
1319 0-------------------
132 0-------------------
133 0-------------------
14 -35,945-31,475-33,118-38,742-53,004-52,018-52,402-25,190-3,817-6,118-29,404-4,427-1,961-7,550-20,492-22,409-20,548-20,900-22,420-21,927
15 0-------------------
19 0-------------------
16 0-------------------
160/5 0-------------------
160 0-------------------
161 0-------------------
162 0-------------------
163 0-------------------
164/5 0-------------------
168 0-------------------
17/49 505,443475,182484,776497,402518,580531,670519,095466,288523,880542,594603,769663,871671,674714,339794,211840,728881,837898,814940,520987,972
17 264,642120,146158,108201,546243,681294,782315,674254,462309,569354,673399,429449,684445,172495,976547,407598,837650,268838,585884,298930,010
170/4 264,642120,146158,108201,546243,681294,782315,674254,462309,569354,673399,429449,684445,172495,976547,407598,837650,268838,585884,298930,010
175 0-------------------
176 0-------------------
178/9 0-------------------
42/48 240,801350,336326,669295,857274,899236,888203,421210,113179,028179,010197,955203,170217,381213,369236,397231,303220,36052,05146,83946,456
42 49,79237,96143,43842,13551,10130,8918,51748,65345,10344,75650,25550,48855,44251,43151,43151,43051,43145,71345,71345,713
43 0---1,1922,734357-3,814-----4,3174,681----
430/8 0---1,1922,734357-3,814-----4,3174,681----
439 0-------------------
44 13,85611,07219,9395,872-511-3,730------------
440/4 13,25610,92219,9395,872-511-3,730------------
441 600150------------------
46 0-------------------
45 0------------------16
450/3 0------------------16
454/9 0-------------------
47/48 177,154301,303263,291247,849222,605202,751194,547157,730130,112134,253147,700152,682161,939161,939180,650175,191168,9306,3391,126727
492/3 04,700-----1,71335,2828,9126,38511,0179,1214,99410,40710,58811,2098,1789,38311,506
Income statement
70 33,670------38,200---------64,90764,81959,734
76A 0-------------------
9900 28,22532,54239,52349,03537,50646,55526,86635,88154,62871,99771,63849,95850,95854,60445,18656,94657,09158,93057,59052,487
60/61 5,445------2,319---------7,7137,2307,248
62 0-------------------
630 14,40014,40015,64315,64315,64323,64326,17730,17530,66525,64326,61126,61120,86620,86621,18436,07334,02933,55333,55347,980
631/4 0------11,418------------
635/8 0-------------------
640/8 8,3448,0177,7147,1496,9756,96913,1572266,5146,3666,3466,1606,095-220-220489426683
649 0-------------------
66A 0---------44,401-----85---
9901 5,48110,12516,16626,24314,88815,943-12,468-5,93717,44939,98838,68117,18823,99833,73823,78220,87322,84224,88723,6113,824
75/76B 271--------------5-2208128
75 271--------------5-2208128
76B 0-------------------
65/66B 10,2228,48210,54211,98115,87415,55914,74315,43615,14816,70219,25719,65318,40820,79621,86522,73822,43723,36924,28025,859
65 10,2228,48210,54211,98115,87415,55914,74315,43615,14816,70219,25719,65318,40820,79621,86522,73822,43723,36924,28025,859
66B 0-------------------
9903 -4,4701,6435,62514,262-986383-27,212-21,3732,30123,286-24,977-2,4665,58912,9421,917-1,8603201,520-461-21,907
780 0-------------------
680 0-------------------
67/77 0--------------1-3103220
9904 -4,4701,6435,62514,262-986383-27,212-21,3732,30123,286-24,977-2,4665,58912,9421,917-1,8613511,520-493-21,927
789 0-------------------
689 0-------------------
9905 -4,4701,6435,62514,262-986383-27,212-21,3732,30123,286-24,977-2,4665,58912,9421,917-1,8613511,520-493-21,927
Appropriation of the result
9906 -35,945-31,475-33,118-38,742-53,004-52,018-52,402-25,190-3,817-6,118-29,404-4,427-1,961-7,550-20,492-22,409-20,548-20,900-22,420-21,927
14P -31,475-33,118-38,742-53,004-52,018-52,402-25,190-------------
791/2 0-------------------
691/2 0-------------------
691 0-------------------
6920 0-------------------
6921 0-------------------
794 0-------------------
694/7 0-------------------
694 0-------------------
695 0-------------------
696 0-------------------
697 0-------------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-07-2026 2026-00365790 PDF
31-12-2024 micro format 04-08-2025 2025-00355289 PDF
31-12-2023 micro format 30-07-2024 2024-00303608 PDF
31-12-2022 micro format 02-02-2024 2024-00026604 PDF
31-12-2021 micro format 02-02-2024 2024-00026973 PDF
31-12-2020 micro format 02-02-2024 2024-00026718 PDF
31-12-2019 micro format 02-02-2024 2024-00026691 PDF
31-12-2018 micro format 22-09-2019 2019-65300305 PDF
31-12-2017 full format 24-06-2018 2018-22700027 PDF
31-12-2016 full format 22-08-2017 2017-46100506 PDF
31-12-2015 full format 27-08-2016 2016-50600225 PDF
31-12-2014 full format 17-08-2015 2015-43400271 PDF
31-12-2013 full format 26-09-2014 2014-60500352 PDF
31-12-2012 full format 22-08-2013 2013-45700318 PDF
31-12-2011 full format 27-09-2012 2012-58400484 PDF
31-12-2010 full format 20-09-2011 2011-54900233 PDF
31-12-2009 full format 26-07-2010 2010-34300098 PDF
31-12-2008 full format 28-09-2009 2009-77900116 PDF
31-12-2007 full format 25-09-2008 2008-74400319 PDF
31-12-2006 full format 27-09-2007 2007-73800064 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
19,88124,52531,80941,88630,53139,58613,70824,23848,11465,63165,29243,79944,86454,60444,96656,94656,87158,44057,16451,804
9,93016,04321,26829,90514,65724,026-1,0358,80232,96648,9291,63424,14526,45633,80823,10134,21234,38035,07333,06026,053
0000006,215032,0000028,72500020,4374,761-131,374700,846
12,4632,725-4,258------864464-3,8584,050---25,832747-47,830-
-77,103-226,829-209,610-187,440-175,209-138,765-141,900-194,148-114,273-96,506-103,206-49,953-51,781-31,560-8,52419,98658,263213,929225,773271,923
16.3%-------15.5%---------38.3%36.4%6.4%
-6.3%-5.6%-5.9%-7.0%-9.9%-9.4%-9.8%-4.2%0.5%0.0%-4.0%0.3%0.6%-0.2%-1.8%-2.0%-1.7%-1.7%-1.8%-1.6%
0.680.350.360.370.360.410.300.080.360.460.480.750.760.850.961.091.265.115.826.85
--------96.5%---139.1%131.9%-------
-0.9%0.4%1.2%3.1%-0.2%0.1%-5.8%-4.8%0.4%4.3%-4.3%-0.4%0.8%1.8%0.2%-0.2%0.0%0.2%-0.1%-2.3%
1.942.893.023.501.922.540.93-------------
0 days----------------56 days56 days5 days
929 days------587 days------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on MARLO

The operating result for 2025 is 46% lower than in 2024 and the lowest since 2019. It is the third fall in a row.

Equity is negative. Debt (€505,443) exceeds the balance-sheet total (€475,698).

Next steps

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