Maroen
ActiveMaroen has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €33k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 27054 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+45
Solvency41▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.31 in 2024), and 76.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
23.5%
Return on assets
4.6%
Age of the figures
8 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 27054 sector peers (2025).
NBB · sector comparisonPosition among 27054 sector peers
Solvency
better than 25%
← weakest
strongest →
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
71 d late
2023
68 d late
2022
15 d late
2021
92 d late
2020
88 d late
2019
94 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▲ 24.6%
2024 · €133k
2018: €102k
2019: €103k
2020: €114k
2021: €124k
2022: €124k
2023: €119k
2024: €133k
2018 → 2025
Total assets
€707k▲ 12.1%
2024 · €631k
2018: €408k
2019: €480k
2020: €505k
2021: €532k
2022: €564k
2023: €545k
2024: €631k
2018 → 2025
Net result
€33k▲ 128%
2024 · €14k
2018: €650
2019: €624
2020: €12k
2021: €9k
2022: €573
2023: €-5k
2024: €14k
2018 → 2025
Working capital
€156k▲ 22.5%
2024 · €127k
2018: €95k
2019: €110k
2020: €119k
2021: €122k
2022: €120k
2023: €113k
2024: €127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€124k▲ 0.5%€119k▼ 4.2%€133k▲ 12.1%€166k▲ 24.6%
Operating result€25k-€14k▼ 42.5%€12k▼ 17.8%€41k▲ 248%€51k▲ 26.2%
Net result€9k-€573▼ 93.8%€-5k€14k€33k▲ 128%
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 26% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €707k
Fixed assets
€70k▼ 21.3%
Current assets
€637k▲ 17.6%
Equity and liabilities €707k
Equity
€166k▲ 24.6%
Debt
€541k▲ 8.7%
The debt ratio falls from 78.9% to 76.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€72k▲
2024 · €61k
Cash flow
€53k▲
2024 · €35k
Solvency
23.5%▲
2024 · 21.1%
Current ratio
1.32▲
2024 · 1.31
Quick ratio
1.32▲
2024 · 1.31
Debt / equity
3.26▼
2024 · 3.73
ROE
19.7%▲
2024 · 10.8%
ROA
4.6%▲
2024 · 2.3%
Interest coverage
6.25▲
2024 · 2.84
Debt
€541k▲
2024 · €498k
Debt ≤ 1 year
€482k▲
2024 · €415k
Debt > 1 year
€56k▼
2024 · €79k
Income taxes
€7k▼
2024 · €10k
Staff costs
€51k▲
2024 · €47k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€631k€707k▲
Fixed assets21/28€89k€70k▼
Tangible fixed assets22/27€87k€68k▼
Land and buildings22€68k€62k▼
Plant, machinery and equipment23€9k€1k▼
Furniture and vehicles24€11k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€542k€637k▲
Amounts receivable within one year40/41€541k€634k▲
Trade receivables40€518k€630k▲
Other amounts receivable41€23k€4k▼
Cash at bank and in hand54/58€1€1=
Deferred charges and accrued income490/1€803€3k▲
Equity and liabilities
Total equity and liabilities10/49€631k€707k▲
Equity10/15€133k€166k▲
Contributions10/11€6k€6k=
Reserves13€127k€160k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€125k€158k▲
Amounts payable17/49€498k€541k▲
Amounts payable after more than one year17€79k€56k▼
Financial debts170/4€79k€56k▼
Amounts payable within one year42/48€415k€482k▲
Current portion of amounts payable after more than one year42€24k€23k▼
Financial debts43€21k€24k▲
Credit institutions430/8€21k€24k▲
Trade debts44€60k€79k▲
Suppliers440/4€60k€79k▲
Advances received on contracts in progress46€18k€44k▲
Taxes, remuneration and social security45€105k€111k▲
Taxes450/3€17k€25k▲
Remuneration and social security454/9€88k€86k▼
Other amounts payable47/48€187k€200k▲
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Remuneration, social security and pensions62€47k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€50k€6k▼
Gross operating margin9900€158k€129k▼
Operating profit (loss)9901€41k€51k▲
Financial income75/76B€5k€264▼
Recurring financial income75€5k€264▼
Financial charges65/66B€21k€11k▼
Recurring financial charges65€21k€11k▼
Profit (loss) for the period before taxes9903€24k€40k▲
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€14k€33k▲
Profit (loss) for the period to be appropriated9905€14k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€33k▲
Transfer to equity691/2€14k€33k▲
To other reserves6921€14k€33k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €33k ▲128%
Operating result €51k, net result €33k, both a record.
31-12
Financial
Equity above €150kEq €166k ▲24.6%
2 profitable years in a row build equity to €166k.
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼1006%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Mechelen · 2 establishment units since 2010
Ground area
7,320 m²
Building footprint
2,913 m²
Volume, LiDAR
17,860 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MAROEN
since 20102.198.135.212
Molenweg 94, 2830 Willebroek
since 20122.331.235.444
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342C0582/00H000 | Flanders | 5,882 m² | 1 · 2,720 m² | 7.3 m · 2 fl. |
| 12020A0006/00P000 | Flanders | 1,438 m² | 1 · 193 m² | 7.7 m · 1 fl. |
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.
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Of 29,529 companies in sector 41001 we hold annual accounts for 15,848. 12,331 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.