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PIERRE MARCOLINI GROUP

Active
Public limited companyfounded 1997active for 29 yearsSpaarbekkenstraat 4, 1130 Brussel, BelgiumKBO/BCE: BE 0461.740.982
Summary

The computed 12-month bankruptcy probability of PIERRE MARCOLINI GROUP is 1.6% (moderate). The 2024 annual accounts show equity of €26.2m and a net result of -€3.0m. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 71% of 870 sector peers (NACE 10, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
PIERRE MARCOLINI GROUPActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of cocoa, chocolate and sugar confectionery
NACE 10820
2nd fastest staff growth in the Brussels-Capital Region, Food products sector2 sites
Size
€21.6mturnover 2024
Staff
118.1 FTE
Equity
€26.2m
Loss
-€3.0m
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Parent
Orchid INC
Board
5 members
Holdings
5
Auditor: PwC Réviseurs d'Entreprise2025 accounts not filed, 92 days past the deadline
Why 55raises riskFigures for financial year 2024 (filed 15-10-2025)Liquidity: current ratio 2.68, cash €623,9801 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 latelowers riskFounded in 1997Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 10, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 78-14
equity 52.8% of total assets
Liquidity 49+1
short-term debt 14.6% · cash 1.3%
Profitability 19-18
return on assets -6.1%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.3 percentage points vs 09-2025 11-2025: 1.0%▼ -0.2 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 0.9%▼ -0.1 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.8%▼ -0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.6%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €1,400,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.68, compared with 2.57 in 2023, above the usual 1.5; short-term debt: 14.6% and cash: 1.3% of total assets), and 47.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 10, medium-sized): better than 68% on solvency, 72% on liquidity, 10% on profitability and 45% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 15-10-2025)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 2.68, cash €623,980
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 74 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
74 days late
2023
61 days late
2022
31 days late
2022
on the day
2021
on the day
2020
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 38 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: JiaYou SRL (director) and Jeanne…Permanent representative: Jeanne Guillet ·…
  2. Reappointment: Pierre Marcolini (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
  • Caution: From profit to loss in 2024after €984,517 in 2023 -€3.0m View
  • Caution: Among the weakest 5% on net resultsector median €111,615 · 872 companies -€3.0m View
  • Controlled by Orchid INCthe company in turn controls 5 companies parent View
  • Directors leftlatest change 15-07-2026 · 5 in office 2 left View

By topic

Financials

Financial year
2024
Turnover
€21.6m
Loss
-€3.0m
Solvency
52.8%
Turnover▲ 11.9%
Net result
20192024
Go to Financials

Board & ownership

Board
5 members
Parent
Orchid INC
Auditor
PwC Réviseurs d'Entreprise
  • Marcolini PierreChair
  • Jérôme Louis ChouchanDirector
  • Shinya KushiyamaDirector
  • Yasunori ShimizuDirector
  • Betsabeh SolenteDirector
Go to Board & ownership

Timeline

Events
70
Since
2000
  1. 30-06-2025Resignations: Olivier Coune (director) and Ekaterina Shitova…
  2. 18-04-2025Appointment: Annelies Delplancke (représentant du cabinet pour…
  3. 11-04-2025Capital & shares · Amendment of the…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of cocoa, chocolate and sugar confectioneryNACE 10820
Founded
23-10-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Annual meeting
Third Friday of June at 14:00
Purpose
“Toutes activités généralement quelconques se rapportant directement ou indirectement à/aux…” (deed in French)
Go to Articles of association

Key facts about PIERRE MARCOLINI GROUP

What is the company number of PIERRE MARCOLINI GROUP?
0461.740.982. In Belgium the VAT number is the company number with BE in front: BE 0461.740.982.
Where is PIERRE MARCOLINI GROUP based?
The registered office is at Spaarbekkenstraat 4, 1130 Brussel.Company details
What does PIERRE MARCOLINI GROUP do?
According to the KBO register, the main activity is manufacture of cocoa, chocolate and sugar confectionery (NACE 10820).
What is the legal form of PIERRE MARCOLINI GROUP?
Public limited company (NV).
When was PIERRE MARCOLINI GROUP founded?
On 23-10-1997.
Is PIERRE MARCOLINI GROUP still active?
Yes, PIERRE MARCOLINI GROUP is an active enterprise in the KBO register.
How many employees does PIERRE MARCOLINI GROUP have?
On average 118.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of PIERRE MARCOLINI GROUP?
€21.6m in financial year 2024, according to the filed annual accounts.
Is PIERRE MARCOLINI GROUP profitable?
In financial year 2024, PIERRE MARCOLINI GROUP made a loss of €3.0m.
Where can I find the annual accounts of PIERRE MARCOLINI GROUP?
PIERRE MARCOLINI GROUP filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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