MARO MACHINES
ActiveSummary
MARO MACHINES has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €774k and a net result of €52k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 11.71 against 9.82 in 2024; short-term debt: 6.9% and cash: 2.5% of total assets), and 9.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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
90.1%
Return on assets
6%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
47 d early
2023
46 d early
2022
45 d early
2021
43 d early
2020
23 d early
2019
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€774k▲ 7.2%
2024 · €722k
2018: €477k
2019: €548k
2020: €567k
2021: €680k
2022: €705k
2023: €687k
2024: €722k
2018 → 2025
Total assets
€859k▲ 2.9%
2024 · €835k
2018: €713k
2019: €763k
2020: €767k
2021: €864k
2022: €862k
2023: €823k
2024: €835k
2018 → 2025
Net result
€52k▲ 48.5%
2024 · €35k
2018: €24k
2019: €72k
2020: €19k
2021: €113k
2022: €25k
2023: €-17k
2024: €35k
2018 → 2025
Working capital
€638k▲ 12.0%
2024 · €569k
2018: €359k
2019: €433k
2020: €467k
2021: €514k
2022: €507k
2023: €510k
2024: €569k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€680k-€705k▲ 3.6%€687k▼ 2.5%€722k▲ 5.1%€774k▲ 7.2%
Operating result€149k-€30k▼ 79.6%€-12k€56k€94k▲ 66.3%
Net result€113k-€25k▼ 78.2%€-17k€35k€52k▲ 48.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €859k
Fixed assets
€162k ▼ 19.5%
Current assets
€697k ▲ 10.0%
Equity and liabilities €859k
Equity
€774k ▲ 7.2%
Debt
€85k ▼ 24.7%
Debt's share of the balance-sheet total falls from 13.5% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€135k▲
2024 · €118k
Cash flow
€93k▼
2024 · €97k
Current ratio
11.71▲
2024 · 9.82
Quick ratio
1.10▲
2024 · 0.42
Debt to equity
0.11▼
2024 · 0.16
ROE
6.7%▲
2024 · 4.8%
ROA
6.0%▲
2024 · 4.2%
Interest coverage
47.86▲
2024 · 26.49
Debt ≤ 1 year
€60k▼
2024 · €65k
Debt > 1 year
€25k▼
2024 · €48k
Income taxes
€41k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€835k€859k▲
Fixed assets21/28€201k€162k▼
Tangible fixed assets22/27€201k€162k▼
Land and buildings22€132k€117k▼
Plant, machinery and equipment23€23k€16k▼
Furniture and vehicles24€45k€29k▼
Current assets29/58€634k€697k▲
Stocks and contracts in progress3€607k€632k▲
Stocks30/36€607k€632k▲
Amounts receivable within one year40/41€12k€44k▲
Trade receivables40€8k€41k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€15k€21k▲
Equity and liabilities
Total equity and liabilities10/49€835k€859k▲
Equity10/15€722k€774k▲
Contributions10/11€20k€20k=
Reserves13€101k€153k▲
Tax-exempt reserves132€10k€10k=
Distributable reserves133€91k€143k▲
Profit (loss) carried forward14€601k€601k=
Amounts payable17/49€113k€85k▼
Amounts payable after more than one year17€48k€25k▼
Financial debts170/4€48k€25k▼
Amounts payable within one year42/48€65k€60k▼
Current portion of amounts payable after more than one year42€28k€24k▼
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€22k€17k▼
Taxes450/3€17k€12k▼
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€13k€12k▼
Income statement
Code20242025
Non-recurring operating income76A-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€41k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€125k€142k▲
Operating profit (loss)9901€56k€94k▲
Financial income75/76B€148€2k▲
Recurring financial income75€148€2k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€52k€92k▲
Income taxes67/77€17k€41k▲
Profit (loss) for the period9904€35k€52k▲
Profit (loss) for the period to be appropriated9905€35k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€636k€653k▲
Profit (loss) brought forward from the previous period14P€601k€601k=
Transfer to equity691/2€35k€52k▲
To the legal reserve6920-€52k
To other reserves6921€35k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-17k ▼171%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €113k ▲498%
Operating result €149k, net result €113k, both a record.
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €500kEq €548k ▲15%
2 profitable years in a row build equity to €548k.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Alken · 1 establishment unit since 1998
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.
Pickardstraat 12153570 AlkenGround area
5,113 m²
Building footprint
850 m²
Volume, LiDAR
201 m³
2 parcels, Flanders · tallest building 4.4 m. Linked by address, not a title deed.
1 establishment unit
Tongersesteenweg 74, 3840 Tongeren-Borgloon
since 19982.089.869.651
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302C0101/00G000 | Flanders | 2,686 m² | 1 · 272 m² | 4.4 m |
| 73009C0556/00N000 | Flanders | 2,428 m² | 1 · 578 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COMPANION
BE 0471.917.074
Oostende · Eq €772k
BFH PROTECTION
BE 0458.107.937
Gent · Eq €778k
ALL PLASTIC PACKING INTERNATIONAL
BE 0450.759.988
Menen · Eq €770k
SARTORIUS STEDIM BELGIUM
BE 0888.466.946
Sint-Lambrechts-Woluwe · Eq €780k
ALPHA LOGICA
BE 0456.386.384
Elsene · Eq €781k
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 647 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1998
Fiscal year end30-09
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
46130Agents in the wholesale of timber and building materials
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.