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MARRERO CONSTRUCT

Active
Private limited company (pre-2019)· 33 yrs active
Generaal Wahislaan 232 ·1030 Schaarbeek, Belgium
Open bankruptcy
KBO/BCE: BE 0449.795.334
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Age33 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for MARRERO CONSTRUCT according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €233k and a net result of €50k.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

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Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
16-06-2025
Bankruptcy Opening
Date: 10-06-2025 · Ondernemingsrechtbank Brussel · MARRERO CONSTRUCT BV GENERAAL WAHISLAAN 232, 1030 Schaarbeek · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Trust signals

1 signal
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

0 events
No administrative flags

Financials

Turnover€1.29M+46.1%
EBIT margin3.8%-3.4pp
Net result€50k-5.1%
Working capital€229k+28.9%
Directors1

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 28-07-2023 with the NBB · fiscal year 2022 · micro
€0€500k€1.00M€1.50MOperating result 2018: €72k€72kNet result 2018: €85k€85kOperating result 2019: €36k€36kNet result 2019: €95k€95kOperating result 2020: €40k€40kNet result 2020: €110k€110kRevenue 2021: €880k€880kOperating result 2021: €64k€64kNet result 2021: €53k€53kRevenue 2022: €1.29M€1.29MOperating result 2022: €49k€49kNet result 2022: €50k€50k20182019202020212022
RevenueOperating resultNet result
Revenue
€1.29M
+46.1% 18-22
EBITDA
€53k
-22.6% 18-22
Net profit
€50k
-5.1% 18-22
Cash flow
€54k
-6.2% 18-22
Total assets
€464k
+9.8% 18-22
Equity
€233k
+27.3% 18-22
Working capital
€229k
+28.9% 18-22
Staff costs
€271k
+14.7% 18-22
Income taxes
€9k
-60.6% 18-22
Debt
€230k
-3.6% 18-22
Debt ≤ 1y
€230k
-3.6% 18-22
Debt > 1y
€11k
-55.1% 18-22
Current ratio
1.99
+14.4% 18-22
Quick ratio
1.99
+14.4% 18-22
Solvency
50.3%
+15.9% 18-22
Debt / equity
0.99
-24.3% 18-22
ROE
21.4%
-25.5% 18-22
ROA
10.8%
-13.6% 18-22
Net margin
3.9%
-35.0% 18-22
EBITDA margin
4.1%
-47.0% 18-22
Interest coverage
28.59
- 18-22
Figures by fiscal year
Fiscal year2022
Revenue€1.29M
EBITDA€53k
Net profit€50k
Cash flow€54k
Staff costs€271k
Income taxes-
Dividends-
Total assets€464k
Equity€233k
Debt€230k
of which ≤ 1y€230k
of which > 1y-
Working capital€229k
Employees (FTE)-
Ratios (computed)
2022
Current ratio1.99
Quick ratio1.99
Working capital ratio49.4%
Solvency50.3%
Debt / equity0.99
Long-term debt ratio-
Interest coverage-
Gross margin25.5%
Net margin3.9%
ROA10.8%
ROE21.4%
EBITDA margin4.1%
Days sales outstanding99d
Days payable outstanding61d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€464k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€460k
Amounts receivable within one year 40/41€358k
Cash & bank 54/58€102k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€464k
Equity 10/15€233k
Contributions / capital 10/11€21k
Reserves 13€2k
Accumulated profits (losses) 14€210k
Amounts payable 17/49€230k
Amounts payable within one year 42/48€230k
Trade debts payable within one year 44€160k
Income statement
Turnover 70€1.29M
Gross operating margin 9900€327k
Operating result 9901€49k
Financial income 75€679
Result before taxes 9903€50k
Net result for the period 9904€50k
Result to be appropriated 9905€50k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
27 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

indexing
No directors on record yet

Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator Dirk DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
10-06-2025 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation01-04-1993
StatusActive
Postal code1030
First BS signal 16-06-2025
Latest BS signal 16-06-2025

Structure & network

Company structure: linked entities

1 linked entity
MARRERO CONSTRUCTBE 0449.795.334Dirk DE MAESENEERReceiver
Mandates

Locations & real estate

Establishment units

1 location
MARRERO CONSTRUCT
Keizer Karellaan 370, 1083 GanshorenVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 19932.061.927.911
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area465 m²
Buildings2
Building footprint205 m²
Volume (LiDAR)3,389 m³
Tallest building24.2 m · ±7 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
16-06-2025
Bankruptcy Opening
Date: 10-06-2025 · Ondernemingsrechtbank Brussel · MARRERO CONSTRUCT BV GENERAAL WAHISLAAN 232, 1030 Schaarbeek · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-16 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Analysis

Snowflake analysis

financial profile on 5 axes
Health27Profitability55Solvency95Growth68Stability0
49 / 100

Mixed profile: strong on solvency, weaker on stability.

Health 27
Profitability 55
Solvency 95
Growth 68
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR MARRERO CONSTRUCT
Registered office
Generaal Wahislaan 232
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.