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MARUANI

Active
Private limited company (pre-2019)founded 2004active for 21 yearsMagere Schorre 35, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0870.848.182
Summary

MARUANI has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€149,627. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 62% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-12-2004 Normal situation
Activity
Retail sale of other cultural and recreation goods NACE 47690and 3 others
Establishment units
2.279.455.458 8300 Knokke-Heist, since 01-09-2018
2.289.724.293 1050 Elsene, since 01-09-2019
Financial year end
31 December
Peppol
Reachable since 04-11-2024

Board and ownership

Board
  • Maruani SergeDirector · since 27-12-2004
  • Maruani ChiaraDirector · since 16-07-2025

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€156,354
▼ 69.6%
Turnover
≈ €890,000
estimated
Loss
€149,627
Equity
€4.5m
▼ 3.2%
Total assets
€9.4m
▼ 6.5%
Filed on 09-04-2026, 113 days before the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskSize: total assets €9.4mFigures for financial year 2025 (filed on 09-04-2026)Liquidity: current ratio 6.87, cash €1.5mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 73+2
equity 47.8% of total assets
Liquidity 70=
short-term debt 8.0% · cash 15.7%
Profitability 26-11
return on assets -1.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €420,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.87 (5.95 in 2024), above the usual 1.5. Short-term debt is 8% and cash 15.7% of total assets. However, 52.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 70% of them on solvency, 89% on liquidity, 15% on profitability and 29% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €9.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-04-2026)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 6.87, cash €1.5m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
113 days early
2024
17 days late
2023
34 days early
2022
41 days early
2021
30 days late
2020
24 days late
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €75,585 in 2024 -€149,627 View
  • Caution: Lower net result than 95% of companies in retail tradesector median €27,641 · 12,747 companies -€149,627 View

Comparable companies

These companies have the same main activity as MARUANI: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €7.8m and €16m, founded between 1991 and 2011.

CompanyTotal assetsGross margin
MARUANI Knokke-Heist€9.4m€0.2m
ALMINE RECH GALLERY Elsene€7.8m€0.2m
MUTUS LIBER Sint-Genesius-Rode€9.4m€0.05m
BOUWCENTRUM Brugge€10.7m€0.8m
LAMARIS GROUP Grez-Doiceau€15.7m€0.7m
LEXXUS Gent€10.1m€0.6m
SPETSAI Laarne€16.0m€0.7m
Full comparison

Key facts about MARUANI

What is the company number of MARUANI?
The company number of MARUANI is 0870.848.182. The VAT number is the same number with BE in front: BE 0870.848.182.
Where is MARUANI based?
The registered office is at Magere Schorre 35, 8300 Knokke-Heist.Company details
What does MARUANI do?
According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
What is the legal form of MARUANI?
The legal form of MARUANI is Private limited company (pre-2019) (BVBA).
When was MARUANI founded?
MARUANI was founded on 27-12-2004.
Is MARUANI still active?
Yes, MARUANI is an active enterprise in the KBO register.
What is the turnover of MARUANI?
The turnover in financial year 2025 is ≈ €890,000. This figure is estimated from the gross margin of €156,354 and 160 comparable companies (NACE 47). It probably lies between €570,000 and €1.6m.Financials
Is MARUANI profitable?
In financial year 2025, MARUANI made a loss of €149,627.
Where can I find the annual accounts of MARUANI?
MARUANI filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARUANI due?
MARUANI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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