MARO
ActiveMARO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 35% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-50
Solvency51▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.03 in 2023; short-term debt: 74% and cash: 0.3% of total assets), and 74% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26%
Return on assets
-0.7%
Age of the figures
21 mo
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 12-02-2026, 196 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
196 d late
2023
445 d late
2022
85 d late
2021
306 d late
2020
671 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€211k▼ 3.7%
2023 · €219k
2018: €201k
2019: €202k
2020: €220k
2021: €231k
2022: €223k
2023: €219k
2018 → 2024
Total assets
€809k▼ 0.5%
2023 · €814k
2018: €800k
2019: €787k
2020: €807k
2021: €817k
2022: €813k
2023: €814k
2018 → 2024
Net result
€-5k▼ 23.0%
2023 · €-4k
2018: €-749
2019: €772
2020: €18k
2021: €11k
2022: €-8k
2023: €-4k
2018 → 2024
Working capital
€14k▼ 24.9%
2023 · €18k
2018: €-25k
2019: €-12k
2020: €9k
2021: €23k
2022: €19k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€220k-€231k▲ 4.8%€223k▼ 3.4%€219k▼ 2.0%€211k▼ 3.7%
Operating result€11k-€-8k€-890▲ 88.5%€11k€-5k
Net result€18k-€11k▼ 42.1%€-8k€-4k▲ 43.1%€-5k▼ 23.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €809k
Fixed assets
€197k▼ 1.8%
Current assets
€613k▼ 0.1%
Equity and liabilities €809k
Equity
€211k▼ 3.7%
Debt
€599k▲ 0.6%
The debt ratio rises from 73.1% to 74.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2023 · €15k
Cash flow
€-2k▼
2023 · €-873
Solvency
26.0%▼
2023 · 26.9%
Current ratio
1.02▼
2023 · 1.03
Quick ratio
1.02▼
2023 · 1.03
Debt / equity
2.84▲
2023 · 2.72
ROE
-2.6%▼
2023 · -2.0%
ROA
-0.7%▼
2023 · -0.5%
Interest coverage
-12.38▼
2023 · 29.36
Debt
€599k▲
2023 · €595k
Debt ≤ 1 year
€599k▲
2023 · €595k
Income taxes
€0▼
2023 · €15k
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€814k€809k▼
Fixed assets21/28€200k€197k▼
Tangible fixed assets22/27€200k€197k▼
Land and buildings22€200k€197k▼
Current assets29/58€613k€613k▼
Amounts receivable within one year40/41€612k€601k▼
Trade receivables40€2k€172▼
Other amounts receivable41€610k€601k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€814k€809k▼
Equity10/15€219k€211k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€128k€131k▲
Reserves13€29k€17k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€23k€11k▼
Amounts payable17/49€595k€599k▲
Amounts payable within one year42/48€595k€599k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Other amounts payable47/48€589k€590k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€4k€3k▼
Gross operating margin9900€19k€2k▼
Operating profit (loss)9901€11k€-5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€495€141▼
Recurring financial charges65€495€141▼
Profit (loss) for the period before taxes9903€11k€-5k▼
Income taxes67/77€15k€0▼
Profit (loss) for the period9904€-4k€-5k▼
Profit (loss) for the period to be appropriated9905€-4k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-5k▼
Transfer from equity791/2€4k€5k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 196 days late
2025
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 445 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 306 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 671 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼174%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Highest result since 2018net €18k ▲2253%
Operating result €11k, net result €18k, both a record.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
2019
31-12
Financial
Back to profitnet €772
Net result €772 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Oostkamp · 1 establishment unit since 2002
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.
Leegtestraat 68020 OostkampGround area
725 m²
Building footprint
169 m²
Volume, LiDAR
889 m³
Parcel 31025G0387/00E003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leegtestraat 6, 8020 Oostkamp
since 20022.024.292.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025G0387/00E003 | Flanders | 725 m² | 1 · 169 m² | 8.1 m · 2 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostkamp2.024.292.604
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Of 426 companies in sector 47553 we hold annual accounts for 169. 118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-01-1984
Fiscal year end31-12
Activities, NACEBEL
47553Retail trade
47593Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
47789Other retail sale of new goods
47890Retail trade
52497
52623
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.