MARWALINA
ActiveThe computed 12-month bankruptcy probability of MARWALINA is 4.5% (elevated). The 2024 annual accounts show equity of €32k and a net result of €6k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 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
Profitability77▼-1
Solvency61=
Growth52=
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.33 in 2023; short-term debt: 63.7% and cash: 23.4% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
36.3%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
26 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€32k▲ 21.5%
2023 · €27k
2021: €25k
2022: €21k
2023: €27k
2021 → 2024
Total assets
€89k▲ 21.4%
2023 · €73k
2021: €45k
2022: €48k
2023: €73k
2021 → 2024
Net result
€6k▲ 7.8%
2023 · €5k
2021: €24k
2022: €-3k
2023: €5k
2021 → 2024
Working capital
€17k▲ 6.8%
2023 · €16k
2021: €8k
2022: €9k
2023: €16k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€25k-€21k▼ 13.4%€27k▲ 24.9%€32k▲ 21.5%
Operating result€30k-€-3k€7k€8k▲ 17.1%
Net result€24k-€-3k€5k€6k▲ 7.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 17% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€16k▲ 42.3%
Current assets
€73k▲ 17.8%
Equity and liabilities €89k
Equity
€32k▲ 21.5%
Debt
€57k▲ 21.4%
The debt ratio stays at 63.7%.
Key figures and ratios
EBITDA
€12k▲
2023 · €10k
Cash flow
€10k▲
2023 · €9k
Solvency
36.3%=
2023 · 36.3%
Current ratio
1.29▼
2023 · 1.33
Quick ratio
1.29▼
2023 · 1.33
Debt / equity
1.75▼
2023 · 1.75
ROE
17.7%▼
2023 · 19.9%
ROA
6.4%▼
2023 · 7.2%
Interest coverage
16.80▲
2023 · 13.51
Debt
€57k▲
2023 · €47k
Debt ≤ 1 year
€57k▲
2023 · €47k
Income taxes
€2k▲
2023 · €724
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€73k€89k▲
Fixed assets21/28€11k€16k▲
Tangible fixed assets22/27€11k€16k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€9k€14k▲
Current assets29/58€62k€73k▲
Stocks and contracts in progress3€50€50=
Stocks30/36€50€50=
Amounts receivable within one year40/41€56k€52k▼
Trade receivables40€55k€52k▼
Other amounts receivable41€2k€596▼
Cash at bank and in hand54/58€6k€21k▲
Equity and liabilities
Total equity and liabilities10/49€73k€89k▲
Equity10/15€27k€32k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€26k€32k▲
Amounts payable17/49€47k€57k▲
Amounts payable within one year42/48€47k€57k▲
Trade debts44€34k€52k▲
Suppliers440/4€34k€52k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€573€73▼
Other amounts payable47/48€19€484▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€434▼
Gross operating margin9900€11k€13k▲
Operating profit (loss)9901€7k€8k▲
Financial income75/76B€7€1▼
Recurring financial income75€7€1▼
Financial charges65/66B€763€731▼
Recurring financial charges65€763€731▼
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77€724€2k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€32k▲
Profit (loss) brought forward from the previous period14P€21k€26k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼114%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial 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, Anderlecht · 1 establishment unit since 2020
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.
Leeuwerikenstraat 491070 AnderlechtGround area
360 m²
Building footprint
306 m²
Volume, LiDAR
3,378 m³
2 parcels, Brussels · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MARWALINA
since 20202.309.456.766
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0672/00R005 | Brussels | 241 m² | 1 · 241 m² | 13.9 m · 4 fl. |
| 21308H0671/00C004 | Brussels | 119 m² | 1 · 65 m² | 11.9 m · 3 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.
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LEF+
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43221Plumbing work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:hassannazzah@hotmail.it