Maurice Colin
ActiveSummary
Maurice Colin has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167k and a net result of €-19k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▲+9
Solvency47▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.49 in 2024; short-term debt: 64.1% and cash: 2.4% of total assets), and 77.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
22.2%
Return on assets
-2.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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
27 d late
2024
27 d late
2023
48 d late
2022
1 d early
2021
3 d early
2020
1 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-19k▲ 51.1%
2024 · €-39k
2019: €17k
2020: €22k
2021: €19k
2022: €-305
2023: €-35k
2024: €-39k
2019 → 2025
Working capital
€177k▼ 32.3%
2024 · €262k
2019: €268k
2020: €268k
2021: €325k
2022: €314k
2023: €305k
2024: €262k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€336k▼ 0.1%€301k▼ 10.5%€261k▼ 13.1%€167k▼ 35.9%
Operating result€33k-€13k▼ 60.9%€-20k€-19k▲ 4.0%€-2k▲ 90.7%
Net result€19k-€-305€-35k▼ 11,494%€-39k▼ 11.6%€-19k▲ 51.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €754k
Fixed assets
€94k ▼ 22.7%
Current assets
€660k ▼ 17.4%
Equity and liabilities €754k
Equity
€167k ▼ 35.9%
Provisions
€19k =
Debt
€568k ▼ 11.4%
Debt's share of the balance-sheet total rises from 69.6% to 75.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €14k
Cash flow
€8k▲
2024 · €-6k
Current ratio
1.37▼
2024 · 1.49
Quick ratio
1.04▼
2024 · 1.19
Debt to equity
3.40▲
2024 · 2.46
ROE
-11.5%▲
2024 · -15.1%
ROA
-2.6%▲
2024 · -4.3%
Interest coverage
1.48▲
2024 · 0.70
Debt ≤ 1 year
€483k▼
2024 · €538k
Debt > 1 year
€85k▼
2024 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€921k€754k▼
Fixed assets21/28€122k€94k▼
Tangible fixed assets22/27€122k€94k▼
Plant, machinery and equipment23€122k€94k▼
Current assets29/58€799k€660k▼
Stocks and contracts in progress3€159k€156k▼
Stocks30/36€159k€156k▼
Amounts receivable within one year40/41€621k€487k▼
Trade receivables40€605k€467k▼
Other amounts receivable41€16k€20k▲
Cash at bank and in hand54/58€19k€18k▼
Equity and liabilities
Total equity and liabilities10/49€921k€754k▼
Equity10/15€261k€167k▼
Contributions10/11€74k-
Reserves13€39k€39k=
Non-distributable reserves130/1€39k€39k=
Reserves not available under the articles1311€7k€7k=
Other1319€31k€31k=
Profit (loss) carried forward14€148k€129k▼
Provisions and deferred taxes16€19k€19k=
Provisions for liabilities and charges160/5€19k€19k=
Major repairs and maintenance162€19k€19k=
Amounts payable17/49€641k€568k▼
Amounts payable after more than one year17€104k€85k▼
Financial debts170/4€104k€85k▼
Amounts payable within one year42/48€538k€483k▼
Current portion of amounts payable after more than one year42€29k€19k▼
Financial debts43€200k€200k=
Other loans439€200k€200k=
Trade debts44€303k€186k▼
Suppliers440/4€303k€186k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€675▼
Remuneration and social security454/9-€3k
Other amounts payable47/48-€74k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€28k▼
Gross operating margin9900€14k€26k▲
Operating profit (loss)9901€-19k€-2k▲
Financial charges65/66B€20k€17k▼
Recurring financial charges65€20k€17k▼
Profit (loss) for the period before taxes9903€-39k€-19k▲
Profit (loss) for the period9904€-39k€-19k▲
Profit (loss) for the period to be appropriated9905€-39k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€129k▼
Profit (loss) brought forward from the previous period14P€188k€148k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
30-06
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Highest result since 2019net €22k ▲30.6%
Operating result €37k, net result €22k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Namur · 1 establishment unit since 1974
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.
Quai de l'Abbaye 315000 NamurGround area
605 m²
Building footprint
109 m²
Parcel 92302G0074/00W004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Quai de l'Abbaye 31, 5000 Namur
since 19742.010.166.830
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0074/00W004 | Wallonia | 605 m² | 1 · 109 m² | - |
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
Food safety, FASFC
1 siteNamur2.010.166.830
Similar companies · same sector, comparable size
Pats Service
BE 0434.445.083
Willebroek · Eq €167,290
Brandhout Debruyne
BE 0874.053.439
Poperinge · Eq €165,704
LUNAS
BE 0597.795.459
Nivelles · Eq €164,706
KRENI SOLAR
BE 0734.565.756
Sint-Lambrechts-Woluwe · Eq €164,530
STH Distribution
BE 0744.679.094
Jette · Eq €170,984
Of 3,234 companies in sector 47781 we hold annual accounts for 744. 558 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1974
Fiscal year end30-06
Activities, NACEBEL 2025
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
23610Manufacture of other non-metallic mineral products
46382Wholesale trade
47210Retail sale of fruit and vegetables
47761Retail sale of flowers, plants, seeds and fertilisers
47762Retail sale of pets, pet food and pet supplies
47783Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:081/73.67.97
Fax:081/72.10.86