MARUTA
ActiveThe annual accounts of MARUTA for fiscal year 2024 show a net loss of 57% of the equity at the start of that year. The 2024 annual accounts show equity of €29k and a net result of €-39k. Equity is shrinking by ~19% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 19907 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability4▲+1
Solvency37▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.5 against 0.66 in 2023; short-term debt: 79.2% and cash: 32.8% of total assets), and 88.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.6%
Return on assets
-15.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-39k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 19907 sector peers (2024).
NBB · sector comparisonPosition among 19907 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
not confirmed
2024
25 d late
2023
41 d early
2022
6 d early
2021
30 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€29k▼ 57.4%
2023 · €67k
2019: €128k
2020: €143k
2021: €153k
2022: €129k
2023: €67k
2019 → 2024
Total assets
€248k▼ 4.8%
2023 · €260k
2019: €269k
2020: €250k
2021: €227k
2022: €268k
2023: €260k
2019 → 2024
Net result
€-39k▲ 37.6%
2023 · €-62k
2019: €91k
2020: €30k
2021: €10k
2022: €-24k
2023: €-62k
2019 → 2024
Working capital
€-98k▼ 80.4%
2023 · €-54k
2019: €10k
2020: €32k
2021: €51k
2022: €30k
2023: €-54k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€143k-€153k▲ 7.0%€129k▼ 15.9%€67k▼ 47.9%€29k▼ 57.4%
Operating result€36k-€18k▼ 49.6%€29k▲ 58.6%€-10k€4k
Net result€30k-€10k▼ 66.7%€-24k€-62k▼ 153%€-39k▲ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets
€149k▼ 4.6%
Current assets
€98k▼ 5.1%
Equity and liabilities €248k
Equity
€29k▼ 57.4%
Debt
€219k▲ 13.5%
The debt ratio rises from 74.1% to 88.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€26k▲
2023 · €20k
Cash flow
€-16k▲
2023 · €-32k
Solvency
11.6%▼
2023 · 25.9%
Current ratio
0.50▼
2023 · 0.66
Quick ratio
0.50▼
2023 · 0.66
Debt / equity
7.64▲
2023 · 2.87
ROE
-134.7%▼
2023 · -91.9%
ROA
-15.6%▲
2023 · -23.8%
Interest coverage
0.47▲
2023 · 0.38
Debt
€219k▲
2023 · €193k
Debt ≤ 1 year
€196k▲
2023 · €158k
Debt > 1 year
€23k▼
2023 · €30k
Income taxes
€193▼
2023 · €455
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€260k€248k▼
Fixed assets21/28€156k€149k▼
Tangible fixed assets22/27€156k€149k▼
Land and buildings22€65k€54k▼
Plant, machinery and equipment23€78k€92k▲
Furniture and vehicles24€13k€2k▼
Current assets29/58€104k€98k▼
Amounts receivable within one year40/41€8k€8k▼
Trade receivables40€614€686▲
Other amounts receivable41€8k€8k▼
Cash at bank and in hand54/58€88k€81k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€260k€248k▼
Equity10/15€67k€29k▼
Contributions10/11€21k€21k=
Reserves13€107k€107k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€94k€94k=
Profit (loss) carried forward14€-61k€-100k▼
Amounts payable17/49€193k€219k▲
Amounts payable after more than one year17€30k€23k▼
Financial debts170/4€29k€22k▼
Other amounts payable178/9€500€500=
Amounts payable within one year42/48€158k€196k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€133k€173k▲
Accrued charges and deferred income492/3€5k€66▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€22k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€24k€30k▲
Operating profit (loss)9901€-10k€4k▲
Financial income75/76B€369€14k▲
Recurring financial income75€369€885▲
Non-recurring financial income76B-€13k
Financial charges65/66B€52k€56k▲
Recurring financial charges65€52k€56k▲
Profit (loss) for the period before taxes9903€-61k€-38k▲
Income taxes67/77€455€193▼
Profit (loss) for the period9904€-62k€-39k▲
Profit (loss) for the period to be appropriated9905€-62k€-39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-100k▼
Profit (loss) brought forward from the previous period14P€668€-61k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €153k ▲7%
3 profitable years in a row build equity to €153k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Verviers · 1 establishment unit since 1989
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.
Rue de la Coopération 194800 VerviersGround area
3,477 m²
Building footprint
144 m²
Volume, LiDAR
1,496 m³
Parcel 63043B0164/00C000, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Coopération 19, 4800 Verviers
since 19892.186.420.481
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0164/00C000 | Wallonia | 3,477 m² | 1 · 144 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900OXRNWTCS3HJR17
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Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 2,542 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-1989
Fiscal year end31-12
Activities, NACEBEL
86230Dental practice
55204Guest rooms (bed and breakfast)
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:087 31 35 99