Equity
€233,310 ▲ 22.2%
SPRL MARBAIX MICHAEL paid out €65,000 in dividends. That is 61% of the 2025 profit.
SPRL MARBAIX MICHAEL
Lifetime
9 annual accounts with figures on one time axisGross marginpeak €755,421 (2025)
€755,421▲ 16.0%
Resultpeak €107,320 (2025)
€107,320▲ 19.3%
Equitypeak €363,200 (2022)
€233,310▲ 22.2%
Debts
€924,667▲ 25.6%
Staffpeak 4 FTE (2018)
-not published
Board1 name since 2023
1 directorMARBAIX Michael Guy Dominique
Documentsfilings and deeds
01-04-2026121 days before the deadline
2025micro format
Gross margin from €651,075 to €755,421Dividend €65,000Equity from €190,990 to €233,310Debts from €736,367 to €924,667Cash from €230,629 to €416,599
Key points
from the 2025 annual accountsTurnover
≈ €1.7m estimated
The micro format states no turnover.
Debts
€924,667 79% of the balance sheet
Financial debts 46%Suppliers 14%Taxes and wages 5%Other 35%
Of this, €497,541 falls due within a year.
Investments
€343,767 1.7 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 32 to 121 days before the end of the period.
Position in the sector
€107,320
Higher net result than 95% of companies in construction of buildings. Sector median €8,556 · 9,421 companies.
Checked score
89
Excellent
Financially stronger than 58% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,462 companies (NACE 41, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.2%▼ -0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Size: total assets €1.2m
Figures for financial year 2025 (filed on 03-04-2026)
Liquidity: current ratio 1.01, cash €416,599
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 41, micro). It does better than 27% of them on solvency, 78% on liquidity, 61% on profitability and 66% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as SPRL MARBAIX MICHAEL has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SPRL MARBAIX MICHAEL itself is lower: 0.2% within 12 months. It rests on far more data about SPRL MARBAIX MICHAEL than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for SPRL MARBAIX MICHAEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (1.01 in 2024), below the usual 1.5. Short-term debt is 42.6% and cash 35.6% of total assets. 80% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 01-04-2026, 121 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
121 days early
2024
43 days early
2023
44 days early
2022
32 days early
2021
34 days early
2020
31 days early
2019
32 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 48 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 18 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MARBAIX Michael Guy Dominique 99 sharesdeed of 10-01-2023
- CAPPELLE Monique 1 sharedeed of 10-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0666804922
Change of role: MARBAIX Michael Guy Dominique, from manager to director
MARBAIX Michael Guy Dominique holds 99 shares · CAPPELLE Monique holds 1 share · Director discharge: MARBAIX Michael Guy Dominique · General meeting of 28-12-2022 · Gazette deed
Incorporation
published on 02-12-2016 · Gazette deed
First establishment
Rue des Clochettes 10, Soignies
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| SPRL MARBAIX MICHAEL Soignies | €1.2m | €755,421 | 20.0% | - |
| LC GROUP Anderlues | €1.0m | €866,803 | 14.3% | - |
| DLS G.C. Construction Dour | €1.0m | €690,324 | 71.6% | - |
| ALTURA ACCESS Vielsalm | €1.1m | €689,419 | 42.5% | 9.5 |
| BOUWBEDRIJF DE NEVE Wingene | €1.2m | €689,894 | 63.7% | 3.7 |
| GOZEN Beringen | €1.1m | €643,818 | 11.1% | 7.8 |
| HABENU-van de KREEKE BOUW Genk | €1.2m | €798,981 | 31.0% | 9.7 |
These companies have the same main activity as SPRL MARBAIX MICHAEL: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €978,000 and €1.2m, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 30-11-2016Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.259.001.2277061 Soignies, since 30-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 22-08-2025
Annual accounts 2025
- Total assets
- €1.2m▲ 24.2%
- Filing
- Filed on 01-04-2026, 121 days before the end of the filing period
Insights on SPRL MARBAIX MICHAEL
SPRL MARBAIX MICHAEL files the micro format. That format states no turnover. The gross margin rose from €360,076 in 2017 to €755,421 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SPRL MARBAIX MICHAEL
- What is the company number of SPRL MARBAIX MICHAEL?
- The company number of SPRL MARBAIX MICHAEL is 0666.804.922. The VAT number is the same number with BE in front: BE 0666.804.922.
- Where is SPRL MARBAIX MICHAEL based?
- The registered office is at Rue des Clochettes 10, 7061 Soignies.Company details
- What does SPRL MARBAIX MICHAEL do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of SPRL MARBAIX MICHAEL?
- SPRL MARBAIX MICHAEL is a private limited company (BV).
- When was SPRL MARBAIX MICHAEL founded?
- SPRL MARBAIX MICHAEL was founded on 30-11-2016.
- Is SPRL MARBAIX MICHAEL still active?
- Yes, SPRL MARBAIX MICHAEL is an active enterprise in the KBO register.
- How many employees does SPRL MARBAIX MICHAEL have?
- SPRL MARBAIX MICHAEL had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SPRL MARBAIX MICHAEL?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €755,421 and 55 comparable companies (NACE 41001). It probably lies between €1.4m and €2.7m.
- Is SPRL MARBAIX MICHAEL profitable?
- In financial year 2025, SPRL MARBAIX MICHAEL made a profit of €107,320.
- Where can I find the annual accounts of SPRL MARBAIX MICHAEL?
- SPRL MARBAIX MICHAEL filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPRL MARBAIX MICHAEL due?
- SPRL MARBAIX MICHAEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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