VAN MAERREM
ActiveSummary
VAN MAERREM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €320k and a net result of €40k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+1
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.91 in 2023; short-term debt: 22.2% and cash: 4.3% of total assets), and 32% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
28 d late
2021
23 d late
2020
30 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€320k▲ 14.1%
2023 · €280k
2018: €72k
2019: €99k
2020: €125k
2021: €177k
2022: €254k
2023: €280k
2018 → 2024
Total assets
€471k▲ 33.3%
2023 · €353k
2018: €223k
2019: €217k
2020: €282k
2021: €292k
2022: €431k
2023: €353k
2018 → 2024
Net result
€40k▲ 49.9%
2023 · €26k
2018: €11k
2019: €27k
2020: €26k
2021: €52k
2022: €76k
2023: €26k
2018 → 2024
Working capital
€148k▲ 54.9%
2023 · €96k
2018: €67k
2019: €110k
2020: €106k
2021: €163k
2022: €91k
2023: €96k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€125k-€177k▲ 41.7%€254k▲ 43.1%€280k▲ 10.4%€320k▲ 14.1%
Operating result€50k-€74k▲ 47.5%€95k▲ 28.2%€41k▼ 56.8%€59k▲ 42.3%
Net result€26k-€52k▲ 101%€76k▲ 46.4%€26k▼ 65.4%€40k▲ 49.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 42% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €471k
Fixed assets
€218k ▲ 5.2%
Current assets
€252k ▲ 73.3%
Equity and liabilities €471k
Equity
€320k ▲ 14.1%
Provisions
€3k
Debt
€148k ▲ 103%
Debt's share of the balance-sheet total rises from 20.6% to 31.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▲
2023 · €66k
Cash flow
€66k▲
2023 · €52k
Current ratio
2.42▼
2023 · 2.91
Quick ratio
2.20▼
2023 · 2.37
Debt to equity
0.46▲
2023 · 0.26
ROE
12.4%▲
2023 · 9.4%
ROA
8.4%▲
2023 · 7.5%
Interest coverage
18.80▼
2023 · 24.48
Debt ≤ 1 year
€104k▲
2023 · €50k
Debt > 1 year
€44k▲
2023 · €23k
Income taxes
€13k▲
2023 · €12k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€353k€471k▲
Fixed assets21/28€208k€218k▲
Tangible fixed assets22/27€208k€218k▲
Furniture and vehicles24€36k€5k▼
Other tangible fixed assets26€172k€213k▲
Current assets29/58€146k€252k▲
Stocks and contracts in progress3€27k€23k▼
Stocks30/36€19k€12k▼
Contracts in progress37€8k€11k▲
Amounts receivable within one year40/41€90k€207k▲
Trade receivables40€56k€191k▲
Other amounts receivable41€35k€16k▼
Cash at bank and in hand54/58€26k€20k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€353k€471k▲
Equity10/15€280k€320k▲
Contributions10/11€19k€19k=
Reserves13€262k€301k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132-€11k
Distributable reserves133€260k€289k▲
Provisions and deferred taxes16-€3k
Deferred taxes168-€3k
Amounts payable17/49€73k€148k▲
Amounts payable after more than one year17€23k€44k▲
Financial debts170/4€23k€44k▲
Amounts payable within one year42/48€50k€104k▲
Current portion of amounts payable after more than one year42€10k€30k▲
Financial debts43€15k€10k▼
Credit institutions430/8€15k€10k▼
Trade debts44€14k€43k▲
Suppliers440/4€14k€43k▲
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€12k€16k▲
Other amounts payable47/48-€5k
Income statement
Code20232024
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€8k€1k▼
Gross operating margin9900€74k€86k▲
Operating profit (loss)9901€41k€59k▲
Financial income75/76B€0€871▲
Recurring financial income75€0€871▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€38k€55k▲
Transfer to deferred taxes680-€3k
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€26k€40k▲
Transfer to tax-exempt reserves689-€11k
Profit (loss) for the period to be appropriated9905€26k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€29k▲
Transfer to equity691/2€26k€29k▲
To other reserves6921€26k€29k▲
The notes to these accounts (10 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
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €76k ▲46.4%
Operating result €95k, net result €76k, both a record.
31-12
Financial
Equity above €200kEq €254k ▲43.1%
5 profitable years in a row build equity to €254k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Equity above €150kEq €177k ▲41.7%
4 profitable years in a row build equity to €177k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100kEq €125k ▲26.2%
3 profitable years in a row build equity to €125k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 271 days late
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 104 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 26 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Deerlijk · 1 establishment unit since 2007
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.
Evangelieboomstraat 308540 DeerlijkGround area
1,340 m²
Building footprint
622 m²
Volume, LiDAR
2,948 m³
Parcel 34009A0600/00P002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Maerrem
since 20072.166.057.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009A0600/00P002 | Flanders | 1,340 m² | 1 · 622 m² | 6.6 m · 2 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.
Similar companies · same sector, comparable size
AG HEATING
BE 0561.912.585
Brussel · Eq €319,323
Sucaet Dimitri
BE 0564.993.623
Kruisem · Eq €320,960
Vanheule Wim
BE 0543.693.314
Staden · Eq €318,929
DOSSCHE
BE 0636.832.516
Maldegem · Eq €318,909
L.Z. Sanitair & Verwarming
BE 0769.834.560
Mol · Eq €322,430
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,663 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 formPrivate limited company
Founded11-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.