MARMALADE

Open bankruptcy

Private limited companyfounded 2013Sassevaartstraat 46, 9000 Gent, BelgiumKBO/BCE: BE 0542.704.508

A bankruptcy procedure is open for MARMALADE according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show equity of €117k and a net result of €-170k.

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Signals

Three signals.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2021, abbreviated schema

Equity

€117k▼ 59.3%

2020 · €288k

2018: €234k 2020: €288k

2018 → 2021

Total assets

€12.90M▼ 60.4%

2020 · €32.56M

2018: €22.85M 2020: €32.56M

2018 → 2021

Net result

€-170k

2020 · €54k

2018: €721 2020: €54k

2018 → 2021

Working capital

€2.31M▼ 90.0%

2020 · €23.06M

2018: €15.44M 2020: €23.06M

2018 → 2021

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201820202021Trend

Equity€234k-€288k▲ 22.9%€117k▼ 59.3%

Operating result€845k-€1.31M▲ 54.5%€-2.90M

Net result€721-€54k▲ 7,335%€-170k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2021: a loss of €2.90M after €1.31M in 2020, the lowest year so far.

Balance-sheet composition

2021 in colour, 2020 as the grey bar beneath

Assets €12.90M

95.3%

Fixed assets €601k▲ 28.5%

Current assets €12.30M▼ 61.7%

Equity and liabilities €12.90M

98.5%

Equity €117k▼ 59.3%

Provisions €78k=

Debt €12.70M▼ 60.5%

The debt ratio falls from 98.9% to 98.5%: debt falls faster than equity shrinks.

Key figures and ratios

2021 value · change against 2020

EBITDA

€-2.76M▼

2020 · €1.45M

Cash flow

€-29k▼

2020 · €198k

Solvency

0.9%▲

2020 · 0.9%

Current ratio

1.23▼

2020 · 3.55

Quick ratio

1.23▼

2020 · 3.55

ROE

-145.5%▼

2020 · 18.6%

ROA

-1.3%▼

2020 · 0.2%

Interest coverage

-13.54

Debt

€12.70M▼

2020 · €32.19M

Debt ≤ 1 year

€9.99M▲

2020 · €9.03M

Debt > 1 year

€2.68M▼

2020 · €2.90M

Income taxes

€62k▲

2020 · €11k

Staff costs

€491k

A ratio outside any meaningful range has been withheld (balance sheet total €12.90M, equity €117k).

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 · 2021 against 2020

Balance sheet Code20202021

Assets

Total assets20/58€32.56M€12.90M▼

Fixed assets21/28€467k€601k▲

Intangible fixed assets21€153k€362k▲

Tangible fixed assets22/27€303k€230k▼

Plant, machinery and equipment23-€226k

Furniture and vehicles24-€0

Other tangible fixed assets26-€4k

Financial fixed assets28€11k€9k▼

Current assets29/58€32.09M€12.30M▼

Amounts receivable within one year40/41€3.69M€3.56M▼

Trade receivables40-€1.93M

Other amounts receivable41-€1.63M

Current investments50/53-€164

Cash at bank and in hand54/58€5k€59k▲

Deferred charges and accrued income490/1-€8.68M

Equity and liabilities

Total equity and liabilities10/49€32.56M€12.90M▼

Equity10/15€288k€117k▼

Contributions10/11€19k€19k=

Reserves13€87k€87k=

Non-distributable reserves130/1-€7k

Reserves not available under the articles1311-€7k

Distributable reserves133-€80k

Profit (loss) carried forward14-€-170k

Investment grants15-€182k

Provisions and deferred taxes16€78k€78k=

Deferred taxes168-€78k

Amounts payable17/49€32.19M€12.70M▼

Amounts payable after more than one year17€2.90M€2.68M▼

Financial debts170/4-€2.68M

Other amounts payable178/9-€0

Amounts payable within one year42/48€9.03M€9.99M▲

Current portion of amounts payable after more than one year42-€2.24M

Financial debts43-€0

Other loans439-€0

Trade debts44€1.37M€695k▼

Suppliers440/4-€695k

Taxes, remuneration and social security45-€86k

Taxes450/3-€346

Remuneration and social security454/9-€86k

Other amounts payable47/48-€6.96M

Accrued charges and deferred income492/3-€34k

Income statement Code20202021

Non-recurring operating income76A-€0

Remuneration, social security and pensions62-€491k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144k€141k▼

Other operating charges640/8-€42k

Non-recurring operating charges66A-€75k

Gross operating margin9900€2.17M€-2.15M▼

Operating profit (loss)9901€1.31M€-2.90M▼

Financial income75/76B-€3.00M

Recurring financial income75€98k€94k▼

Non-recurring financial income76B-€2.90M

Financial charges65/66B-€204k

Recurring financial charges65€1.34M€204k▼

Profit (loss) for the period before taxes9903€65k€-108k▼

Income taxes67/77€11k€62k▲

Profit (loss) for the period9904€54k€-170k▼

Profit (loss) for the period to be appropriated9905€54k€-170k▼

Appropriation of the result

Profit (loss) to be appropriated9906-€-170k

Transfer to equity691/2-€0

To the legal reserve6920-€0

To other reserves6921-€0

Social balance

Average headcount (FTE)9087-6.4

The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Signals 2Financial 2Filings 7

2023

26-07

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · MARMALADE BV SASSE- VAARTSTRAAT 46/101, 9000 GENT · event 20-07-2023

12-05

Judicial reorganisation Opening

Ondernemingsrechtbank Gent · amiable · event 09-05-2023

05-01

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 158 days late

2021

31-12

Financial Weakest financial yearnet €-170k ▼418%

Net result drops to €-170k, the lowest in the series.

16-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 77 days late

2020

30-09

Financial Highest result since 2018net €54k ▲7335%

Operating result €1.31M, net result €54k, both a record.

2019

31-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 31 days late

2018

23-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 23 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 31 days late

2016

21-10

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 82 days late

2015

29-06

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Gent · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Sassevaartstraat 469000 Gent

Ground area

2.2 ha

Building footprint

1.6 ha

Volume, LiDAR

68,159 m³

Parcel 44021A2735/00X002, Flanders · tallest building 23.8 m. Linked by address, not a title deed.

1 establishment unit

Sassevaartstraat 46, 9000 Gent

Media representation

since 20132.224.920.573

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44021A2735/00X002	Flanders	2.2 ha	1 · 1.6 ha	23.8 m

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.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	SOFIE DE NIJS GROOT-BRITTANNIELAAN 10, 9000 GENT	20-07-2023 → present
Curator	PIETER HUYGHE SAVAAN- STRAAT 72, 9000 GENT	20-07-2023 → present

Similar companies · same sector, comparable size

Of 1,321 companies in sector 59111 we hold annual accounts for 684. 488 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-11-2013

Fiscal year end31-12

Activities, NACEBEL

59111Production of cinema films

59112Motion picture, video and television programme production, sound recording and music publishing activities

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.