MAROE
InactiveMAROE was declared bankrupt on 14-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 01-04-2025, published in the Belgian State Gazette on 07-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2019
69 d late
2017
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€72k▼ 32.3%
2019 · €106k
2019: €106k
2019 → 2021
Total assets
€144k▲ 34.6%
2019 · €107k
2019: €107k
2019 → 2021
Net result
€-15k▼ 489%
2019 · €-2k
2019: €-2k
2019 → 2021
Working capital
€69k▼ 23.9%
2019 · €91k
2019: €91k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021Trend
Equity€106k-€72k▼ 32.3%
Operating result€-2k-€-14k▼ 538%
Net result€-2k-€-15k▼ 489%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-14k in 2021, compared with €-2k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €144k
Fixed assets
€7k ▼ 53.4%
Current assets
€137k ▲ 49.0%
Equity and liabilities €144k
Equity
€72k ▼ 32.3%
Debt
€72k ▲ 7,272%
Debt's share of the balance-sheet total rises from 0.9% to 50.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.02▼
2019 · 93.86
Quick ratio
1.98▼
2019 · 88.81
Debt to equity
1.01
ROE
-20.4%▼
2019 · -2.3%
ROA
-10.2%▼
2019 · -2.3%
Debt ≤ 1 year
€68k▲
2019 · €977
Income taxes
€116▼
2019 · €117
Staff costs
€98
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 · 2021 against 2019 · 44 lines
Balance sheet
Code20192021
Assets
Total assets20/58€107k€144k▲
Fixed assets21/28€15k€7k▼
Tangible fixed assets22/27€8k-
Financial fixed assets28€7k€7k=
Current assets29/58€92k€137k▲
Stocks and contracts in progress3€5k€3k▼
Stocks30/36-€3k
Amounts receivable within one year40/41€11k€121k▲
Trade receivables40-€119k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€75k€10k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€107k€144k▲
Equity10/15€106k€72k▼
Contributions10/11€6k€6k=
Reserves13€11k€11k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€9k
Profit (loss) carried forward14€89k€55k▼
Amounts payable17/49€977€72k▲
Amounts payable within one year42/48€977€68k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€353€38k▲
Suppliers440/4-€38k
Taxes, remuneration and social security45-€766
Remuneration and social security454/9-€766
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3-€4k
Income statement
Code20192021
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62-€98
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Other operating charges640/8-€2k
Gross operating margin9900€7k€-12k▼
Operating profit (loss)9901€-2k€-14k▼
Recurring financial income75€0-
Financial charges65/66B-€177
Recurring financial charges65€119€177▲
Profit (loss) for the period before taxes9903€-2k€-14k▼
Income taxes67/77€117€116▼
Profit (loss) for the period9904€-2k€-15k▼
Profit (loss) for the period to be appropriated9905€-2k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€55k
Profit (loss) brought forward from the previous period14P-€69k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MAROE BV STATIE- STRAAT 90, 2070 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 01-04-2025
2023
20-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MAROE BV STATIESTRAAT 90, 2070 BURCHT-ZWIJNDRECHT · event 14-09-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
29-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
14-09-2023 → 01-04-2025 |