MARNIC REYNDERS
ActiveSummary
MARNIC REYNDERS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €668,684. Equity is growing by ~170.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 3392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 5.25 against 3.81 in 2024; short-term debt: 15.5% and cash: 34.7% of total assets), and 18% of the assets are financed with debt.
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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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
82%
Return on assets
40.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
24 d late
2023
32 d early
2022
36 d early
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.3m▲ 99.4%
2024 · €672,730
Total assets
€1.6m▲ 81.7%
2024 · €899,852
Net result
€668,684▲ 76.7%
2024 · €378,471
Working capital
€1.1m▲ 143%
2024 · €444,024
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33,891-€60,726▲ 79.2%€337,317▲ 455%€558,826▲ 65.7%€978,300▲ 75.1%
Net result€22,820within the sector's middle half-€41,096within the sector's middle half▲ 80.1%€227,343above the sector's middle half▲ 453%€378,471above the sector's middle half▲ 66.5%€668,684above the sector's middle half▲ 76.7%
Equity€25,820below the sector's middle half-€66,916within the sector's middle half▲ 159%€294,259above the sector's middle half▲ 340%€672,730within the sector's middle half▲ 129%€1.3mabove the sector's middle half▲ 99.4%
Total assets€32,231below the sector's middle half-€223,099within the sector's middle half▲ 592%€421,315within the sector's middle half▲ 88.8%€899,852within the sector's middle half▲ 114%€1.6mwithin the sector's middle half▲ 81.7%
Debt€6,411-€156,183▲ 2,336%€127,056▼ 18.6%€227,122▲ 78.8%€293,880▲ 29.4%
Working capital€25,820within the sector's middle half-€53,448within the sector's middle half▲ 107%€215,801above the sector's middle half▲ 304%€444,024within the sector's middle half▲ 106%€1.1mabove the sector's middle half▲ 143%
Solvency80.1%above the sector's middle half-30.0%within the sector's middle half▼ 50.1pp69.8%within the sector's middle half▲ 39.8pp74.8%above the sector's middle half▲ 4.9pp82.0%above the sector's middle half▲ 7.3pp
Current ratio5.03above the sector's middle half-1.49within the sector's middle half▼ 3.542.86within the sector's middle half▲ 1.373.81above the sector's middle half▲ 0.955.25above the sector's middle half▲ 1.43
Return on assets (ROA)70.8%above the sector's middle half-18.4%within the sector's middle half▼ 52.4pp54.0%above the sector's middle half▲ 35.5pp42.1%above the sector's middle half▼ 11.9pp40.9%above the sector's middle half▼ 1.2pp
Staff (FTE)11.3▲ 30.0%2.7within the sector's middle half▲ 108%3.3within the sector's middle half▲ 22.2%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +66% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€304,933 ▲ 2.3%
Current assets
€1.3m ▲ 121%
Equity and liabilities €1.6m
Equity
€1.3m ▲ 99.4%
Debt
€293,880 ▲ 29.4%
Debt's share of the balance-sheet total falls from 25.2% to 18.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.0m▲
2024 · €596,491
Cash flow
€695,301▲
2024 · €416,135
Debt to equity
0.22▼
2024 · 0.34
ROE
49.8%▼
2024 · 56.3%
Interest coverage
246.88▲
2024 · 156.48
Debt ≤ 1 year
€253,505▲
2024 · €157,846
Debt > 1 year
€14,568▼
2024 · €48,620
Income taxes
€315,023▲
2024 · €178,294
Staff costs
€242,002▲
2024 · €164,588
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,975 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €14,183 | €65,454 | €164,588 | €242,002 | ▲ 47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €9,410 | €19,536 | €37,665 | €26,617 | ▼ 29.3% |
| Other operating charges640/8 | €434 | €1,542 | €2,190 | €7,748 | €4,466 | ▼ 42.4% |
| Non-recurring operating charges66A | - | - | €7,401 | - | €22,497 | - |
| Gross operating margin9900 | €34,325 | €85,861 | €431,899 | €768,826 | €1.3m | ▲ 65.7% |
| Operating profit (loss)9901 | €33,891 | €60,726 | €337,317 | €558,826 | €978,300 | ▲ 75.1% |
| Financial income75/76B | €13 | €2 | €402 | €1,751 | €9,477 | ▲ 441% |
| Recurring financial income75 | €13 | €2 | €402 | €1,751 | €9,477 | ▲ 441% |
| Financial charges65/66B | €13 | €1,571 | €3,654 | €3,812 | €4,070 | ▲ 6.8% |
| Recurring financial charges65 | €13 | €1,571 | €3,654 | €3,812 | €4,070 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €33,891 | €59,158 | €334,064 | €556,765 | €983,707 | ▲ 76.7% |
| Income taxes67/77 | €11,071 | €18,062 | €106,721 | €178,294 | €315,023 | ▲ 76.7% |
| Profit (loss) for the period9904 | €22,820 | €41,096 | €227,343 | €378,471 | €668,684 | ▲ 76.7% |
| Profit (loss) for the period to be appropriated9905 | €22,820 | €41,096 | €227,343 | €378,471 | €668,684 | ▲ 76.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32,231 | €223,099 | €421,315 | €899,852 | €1.6m | ▲ 81.7% |
| Fixed assets21/28 | - | €60,354 | €89,687 | €297,982 | €304,933 | ▲ 2.3% |
| Intangible fixed assets21 | - | €11,753 | €6,753 | €4,230 | €4,438 | ▲ 4.9% |
| Tangible fixed assets22/27 | - | €48,600 | €82,934 | €293,752 | €300,495 | ▲ 2.3% |
| Land and buildings22 | - | - | - | €196,927 | €190,685 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | - | €3,781 | €7,398 | €5,572 | ▼ 24.7% |
| Furniture and vehicles24 | - | €48,600 | €79,153 | €89,426 | €104,238 | ▲ 16.6% |
| Current assets29/58 | €32,231 | €162,746 | €331,628 | €601,870 | €1.3m | ▲ 121% |
| Amounts receivable within one year40/41 | - | €42,832 | €90,723 | €86,759 | €155,236 | ▲ 78.9% |
| Trade receivables40 | - | €39,572 | €46,241 | €58,750 | €142,970 | ▲ 143% |
| Other amounts receivable41 | - | €3,260 | €44,482 | €28,009 | €12,266 | ▼ 56.2% |
| Current investments50/53 | - | - | - | €300,000 | €600,000 | ▲ 100.0% |
| Cash at bank and in hand54/58 | €31,909 | €116,275 | €236,550 | €213,037 | €568,152 | ▲ 167% |
| Deferred charges and accrued income490/1 | €322 | €3,638 | €4,355 | €2,073 | €6,972 | ▲ 236% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32,231 | €223,099 | €421,315 | €899,852 | €1.6m | ▲ 81.7% |
| Equity10/15 | €25,820 | €66,916 | €294,259 | €672,730 | €1.3m | ▲ 99.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €22,820 | €63,916 | €291,259 | €669,730 | €1.3m | ▲ 99.8% |
| Distributable reserves133 | €22,820 | €63,916 | €291,259 | €669,730 | €1.3m | ▲ 99.8% |
| Amounts payable17/49 | €6,411 | €156,183 | €127,056 | €227,122 | €293,880 | ▲ 29.4% |
| Amounts payable after more than one year17 | - | €46,886 | €10,004 | €48,620 | €14,568 | ▼ 70.0% |
| Financial debts170/4 | - | €46,886 | €10,004 | €48,620 | €14,568 | ▼ 70.0% |
| Amounts payable within one year42/48 | €6,411 | €109,297 | €115,827 | €157,846 | €253,505 | ▲ 60.6% |
| Current portion of amounts payable after more than one year42 | - | €9,867 | €23,635 | €42,807 | €34,052 | ▼ 20.5% |
| Trade debts44 | €1,097 | €12,032 | €28,122 | €32,455 | €40,070 | ▲ 23.5% |
| Suppliers440/4 | €1,097 | €12,032 | €28,122 | €32,455 | €40,070 | ▲ 23.5% |
| Advances received on contracts in progress46 | - | - | - | - | €29,277 | - |
| Taxes, remuneration and social security45 | €3,678 | €23,311 | €61,663 | €80,899 | €148,712 | ▲ 83.8% |
| Taxes450/3 | €3,678 | €16,022 | €53,944 | €60,098 | €120,429 | ▲ 100% |
| Remuneration and social security454/9 | - | €7,289 | €7,719 | €20,801 | €28,284 | ▲ 36.0% |
| Other amounts payable47/48 | €1,636 | €64,087 | €2,407 | €1,684 | €1,394 | ▼ 17.3% |
| Accrued charges and deferred income492/3 | - | - | €1,225 | €20,656 | €25,807 | ▲ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,820 | €41,096 | €227,343 | €378,471 | €668,684 | ▲ 76.7% |
| + Depreciation and write-downs630 | - | €9,410 | €19,536 | €37,665 | €26,617 | ▼ 29.3% |
| Operating cash flow (approximation) | €22,820 | €50,506 | €246,879 | €416,135 | €695,301 | ▲ 67.1% |
| Investment in fixed assets (approximation) | - | - | -€48,870 | -€245,959 | -€33,568 | ▲ 86.4% |
| Change in cash | - | €84,366 | €120,274 | -€23,512 | €355,115 | ▲ 1,610% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2021net €668,684 ▲76.7%
Operating result €978,300, net result €668,684, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲99.4%
5 profitable years in a row build equity to €1.3m.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 24 days late
2024
31-12
Financial
Equity above €500,000Eq €672,730 ▲129%
4 profitable years in a row build equity to €672,730.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €294,259 ▲340%
3 profitable years in a row build equity to €294,259.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 3 establishment units since 2021
Ground area
2,364 m²
Building footprint
1,008 m²
Volume, LiDAR
10,085 m³
3 parcels, Flanders · tallest building 22.4 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
3 establishment units
MARNIC REYNDERS
since 20212.312.917.290
Marnic Reynders
since 20222.329.850.522
Alexia Bosmans
since 20242.359.355.645
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0280/00X003 | Flanders | 974 m² | 1 · 248 m² | 15.3 m · 4 fl. |
| 71502C0727/00E002 | Flanders | 795 m² | 1 · 170 m² | 8.6 m · 2 fl. |
| 71016I0971/00B002 | Flanders | 595 m² | 1 · 590 m² | 22.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 ownersOwners 2
- Marnic Paul Reyndersnatural personSourceown accounts 202560%
- Alexia Bosmansnatural personSourceown accounts 202540%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of MARNIC REYNDERS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2022 · 1 entry · 115 EUR awarded · 115 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 115 EUR | 115 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
699400V0LU56KK75A714
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Of 1,018 companies in this sector we hold annual accounts for 610. 329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded08-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69103Activities of bailiffs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763379904
Also
9925:BE0763379904
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.