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MARRERO CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 1993Generaal Wahislaan 232, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0449.795.334

A bankruptcy procedure is open for MARRERO CONSTRUCT according to publications in the Belgian State Gazette; curator: Dirk DE MAESENEER.

Summary

The 2022 annual accounts show equity of €233k and a net result of €50k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-07-2023, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
3 d early
2021
17 d late
2020
30 d late
2019
91 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, micro schema

Turnover
€1.29M▲ 46.1%
2021 · €880k
2021: €880k
2021 → 2022
EBIT margin
3.8%▼ 3.4pp
2021 · 7.3%
2021: 7.3%
2021 → 2022
Net result
€50k▼ 5.1%
2021 · €53k
2018: €66k 2019: €10k 2020: €14k 2021: €53k
2018 → 2022
Working capital
€229k▲ 28.9%
2021 · €178k
2018: €70k 2019: €122k 2020: €132k 2021: €178k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Turnover€880k€1.29M▲ 46.1%
Equity€106k-€116k▲ 9.6%€131k▲ 12.3%€183k▲ 40.3%€233k▲ 27.3%
Operating result€72k-€36k▼ 49.4%€40k▲ 9.3%€64k▲ 61.1%€49k▼ 22.9%
Net result€66k-€10k▼ 84.5%€14k▲ 41.0%€53k▲ 268%€50k▼ 5.1%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2018: €72k€72kNet result 2018: €66k€66kOperating result 2019: €36k€36kNet result 2019: €10k€10kOperating result 2020: €40k€40kNet result 2020: €14k€14kOperating result 2021: €64k€64kNet result 2021: €53k€53kOperating result 2022: €49k€49kNet result 2022: €50k€50k20182019202020212022
The operating result falls in 2022; 2022 is 23% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €464k
Fixed assets €4k ▼ 22.6%
Current assets €460k ▲ 10.2%
Equity and liabilities €464k
Equity €233k ▲ 27.3%
Debt €230k ▼ 3.6%
The debt ratio falls from 56.6% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€53k
2021 · €68k
Cash flow
€54k
2021 · €57k
Current ratio
1.99
2021 · 1.74
Debt / equity
0.99
2021 · 1.30
ROE
21.4%
2021 · 28.7%
ROA
10.8%
2021 · 12.5%
Debt ≤ 1 year
€230k
2021 · €239k
Staff costs
€271k
2021 · €236k
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 · 2022 against 2021 · 45 lines
Balance sheet Code20212022
Assets
Total assets20/58€423k€464k
Fixed assets21/28€6k€4k
Tangible fixed assets22/27€6k€4k
Furniture and vehicles24€6k€4k
Current assets29/58€417k€460k
Amounts receivable within one year40/41€354k€358k
Trade receivables40€345k€350k
Other amounts receivable41€9k€8k
Cash at bank and in hand54/58€63k€102k
Equity and liabilities
Total equity and liabilities10/49€423k€464k
Equity10/15€183k€233k
Contributions10/11€21k€21k=
Capital10€21k€21k=
Issued capital100€21k€21k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€160k€210k
Amounts payable17/49€239k€230k
Amounts payable within one year42/48€239k€230k
Current portion of amounts payable after more than one year42€11k€11k=
Trade debts44€190k€160k
Suppliers440/4€190k€160k
Taxes, remuneration and social security45€9k€748
Taxes450/3€9k€748
Other amounts payable47/48€30k€59k
Income statement Code20212022
Turnover70€880k€1.29M
Goods, raw materials, services and sundry goods60/61€575k€958k
Remuneration, social security and pensions62€236k€271k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€370€3k
Gross operating margin9900€305k€327k
Operating profit (loss)9901€64k€49k
Financial income75/76B-€679
Recurring financial income75-€679
Financial charges65/66B€2k-
Recurring financial charges65€2k-
Profit (loss) for the period before taxes9903€62k€50k
Income taxes67/77€9k-
Profit (loss) for the period9904€53k€50k
Profit (loss) for the period to be appropriated9905€53k€50k
Appropriation of the result
Profit (loss) to be appropriated9906€162k€210k
Profit (loss) brought forward from the previous period14P€110k€160k
Transfer to equity691/2€2k-
To the legal reserve6920€2k-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
16-06
Bankruptcy Opening
Ondernemingsrechtbank Brussel · MARRERO CONSTRUCT BV GENERAAL WAHISLAAN 232, 1030 Schaarbeek · event 10-06-2025
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200kEq €233k ▲27.3%
5 profitable years in a row build equity to €233k.
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial Equity above €150kEq €183k ▲40.3%
4 profitable years in a row build equity to €183k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial Weakest financial yearnet €10k ▼84.5%
Net result drops to €10k, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
14-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 14 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Schaarbeek · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Generaal Wahislaan 2321030 Schaarbeek
Ground area
465 m²
Building footprint
205 m²
Volume, LiDAR
3,389 m³
2 parcels, Brussels · tallest building 24.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MARRERO CONSTRUCT
Keizer Karellaan 370, 1083 GanshorenManufacture of metal structures and parts of structures
since 19932.061.927.911
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21392A0068/00X006 Brussels 235 m² 1 · 120 m² 24.2 m · 7 fl.
21904B0426/00A008 Brussels 229 m² 1 · 85 m² 17.8 m · 5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Dirk DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
10-06-2025present

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-1993
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.