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Active
BE 0732.787.191Private limited company
Marraine Kids
Wirtzfeld,Kirchenseite 2 ·4761 Büllingen, Belgium· 7 yrs active
Sector: Design of textile patterns, clothing, jewellery, furniture and decorative items
(74111)
Conclusion
Marraine Kids has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-3k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 3394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €35k |
| Net result | €-3k |
| Better than sector | 73% |
| Active | 7 yrs |
Financial profile
65
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
68
Profitability
0
Solvency
100
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
68
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
55
2020
55
2021
58
2022
42
2023
68
2024
68
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.01 (≥ 1.5)
+10
Quick ratio
Quick ratio 0.59 (< 0.6)
-5
Leverage
Debt/equity 0.37 (< 1.0)
+10
Profitability
Negatieve ROE -10%
-10
Interest coverage
Interest coverage 6.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~6.4%/year over 6 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 74, Other professional, scientific and technical activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 73.2% | 50.2% | |
| Net result | €-3k | €9k | |
| Equity | €35k | €43k | |
| Gross operating margin | €933 | €27k | |
| Total assets | €47k | €99k |
€856
+23.4%
20-25
€-3k
+9.3%
20-25
€759
+16.1%
20-25
€47k
-12.1%
20-25
€35k
-8.7%
20-25
€25k
+3.1%
20-25
€13k
-20.2%
20-25
€13k
-20.2%
20-25
3.01
+17.8%
20-25
0.59
+17.2%
20-25
73.2%
+3.9%
20-25
0.37
-12.6%
20-25
-9.6%
+0.7%
20-25
-7.0%
-3.2%
20-25
6.77
-31.8%
20-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | unclassified schema | unclassified schema | unclassified schema | unclassified schema |
| Revenue | - | - | - | - | - |
| EBITDA | €856 | €694 | €-10k | €-9k | €-14k |
| Net profit | €-3k | €-4k | €-14k | €-13k | €-17k |
| Cash flow | €759 | €654 | €-10k | €-9k | €-14k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €47k | €54k | €58k | €76k | €56k |
| Equity | €35k | €38k | €41k | €56k | €46k |
| Debt | €13k | €16k | €17k | €20k | €10k |
| of which ≤ 1y | €13k | €16k | €17k | €20k | €209 |
| of which > 1y | - | - | - | - | - |
| Working capital | €25k | €25k | €24k | €34k | €32k |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (micro schema, unclassified schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 3.01 | 2.56 | 2.43 | 2.68 | 154.48 |
| Quick ratio | 0.59 | 0.50 | 0.21 | 0.61 | 22.14 |
| Working capital ratio | 54.0% | 46.0% | 41.3% | 44.7% | 57.2% |
| Solvency | 73.2% | 70.5% | 71.2% | 73.4% | 81.6% |
| Debt / equity | 0.37 | 0.42 | 0.40 | 0.36 | 0.22 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 6.77 | 9.92 | -134.56 | -35.02 | -81.95 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -7.0% | -6.8% | -24.3% | -17.6% | -30.9% |
| ROE | -9.6% | -9.6% | -34.1% | -23.9% | -37.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €47k | €54k | €58k | €76k | €56k |
| Fixed assets | 21/28 | €9k | €12k | €16k | €20k | €22k |
| Formation expenses | 20 | €229 | €691 | €1k | €2k | €2k |
| Intangible fixed assets | 21 | €859 | €3k | €5k | €7k | €9k |
| Tangible fixed assets | 22/27 | €8k | €10k | €11k | €13k | €13k |
| Current assets | 29/58 | €38k | €41k | €41k | €54k | €32k |
| Stocks & contracts in progress | 3 | €31k | €33k | €37k | €42k | €28k |
| Amounts receivable within one year | 40/41 | €2k | €2k | €275 | €3k | €444 |
| Cash & bank | 54/58 | €5k | €5k | €3k | €6k | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €47k | €54k | €58k | €76k | €56k |
| Equity | 10/15 | €35k | €38k | €41k | €56k | €46k |
| Contributions / capital | 10/11 | €92k | €92k | €92k | €92k | €69k |
| Accumulated profits (losses) | 14 | €-58k | €-54k | €-51k | €-37k | €-23k |
| Amounts payable | 17/49 | €13k | €16k | €17k | €20k | €10k |
| Amounts payable within one year | 42/48 | €13k | €16k | €17k | €20k | €209 |
| Trade debts payable within one year | 44 | €147 | €106 | €412 | €183 | €184 |
| Income statement | ||||||
| Gross operating margin | 9900 | €933 | €694 | €-10k | €-9k | €-14k |
| Operating result | 9901 | €-3k | €-4k | €-14k | €-13k | €-17k |
| Financial income | 75 | €30 | €30 | €49 | €73 | €224 |
| Financial charges | 65 | €126 | €70 | €73 | €255 | €177 |
| Result before taxes | 9903 | €-3k | €-4k | €-14k | €-13k | €-17k |
| Net result for the period | 9904 | €-3k | €-4k | €-14k | €-13k | €-17k |
| Result to be appropriated | 9905 | €-3k | €-4k | €-14k | €-13k | €-17k |
Legal Structure
| NACE primary | Design of textile patterns, clothing, jewellery, furniture and decorative items(74111) |
| Legal form | Private limited company(610) |
| Incorporation | 22-08-2019 |
| Status | Active |
| Postal code | 4761 |
Establishment units
Marraine Kids
since 20192.292.416.836
Updates
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 29 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 48 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 32 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 78 days late
2021
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 33current ratio 154.48
Current ratio from 4.70 to 154.48; short-term debt falls from €6k to €209.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Design of textile patterns, clothing, jewellery, furniture and decorative items74111Agents in the wholesale of textiles, clothing, fur, footwear and leather goods46160Wholesale of clothing, excluding workwear and underwear46423Other non-specialised retail sale47120Retail sale of clothing and accessories for women, men, children and babies (general range)47716Retail trade47910
Names & trade names
| Legal nameDE | Marraine Kids |
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