KRINGS-MARAITE
ActiveKRINGS-MARAITE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €-14k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
46
/ 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
Profitability31▼-5
Solvency30▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.58 in 2024; short-term debt: 91.8% and cash: 21.5% of total assets), and 95.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
4.7%
Return on assets
-1.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4123 sector peers (2025).
NBB · sector comparisonPosition among 4123 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
17 d early
2023
20 d early
2022
11 d early
2021
19 d early
2020
18 d early
2019
21 d early
← before the deadline
after the deadline →
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 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-14k
2024 · €17k
2019: €3k
2020: €-20k
2021: €10k
2022: €13k
2023: €14k
2024: €17k
2019 → 2025
Working capital
€-506k▼ 12.2%
2024 · €-451k
2019: €-329k
2020: €-371k
2021: €-386k
2022: €-403k
2023: €-411k
2024: €-451k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€41k▲ 45.7%€55k▲ 35.4%€72k▲ 29.8%€58k▼ 19.6%
Operating result€24k-€56k▲ 134%€44k▼ 21.5%€64k▲ 45.0%€3k▼ 95.6%
Net result€10k-€13k▲ 32.4%€14k▲ 12.9%€17k▲ 14.0%€-14k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€607k▲ 4.1%
Current assets
€622k▼ 0.8%
Equity and liabilities €1.23M
Equity
€58k▼ 19.6%
Debt
€1.17M▲ 2.9%
The debt ratio rises from 94.1% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €86k
Cash flow
€10k▼
2024 · €39k
Solvency
4.7%▼
2024 · 5.9%
Current ratio
0.55▼
2024 · 0.58
Quick ratio
0.31▼
2024 · 0.33
Debt / equity
20.26▲
2024 · 15.84
ROE
-24.4%▼
2024 · 23.0%
ROA
-1.1%▼
2024 · 1.4%
Interest coverage
1.60▼
2024 · 1.82
Debt
€1.17M▲
2024 · €1.14M
Debt ≤ 1 year
€1.13M▲
2024 · €1.08M
Debt > 1 year
€25k▼
2024 · €42k
Income taxes
€513▲
2024 · €390
Staff costs
€18k▲
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.23M▲
Fixed assets21/28€584k€607k▲
Tangible fixed assets22/27€584k€607k▲
Land and buildings22€380k€413k▲
Plant, machinery and equipment23€737€505▼
Furniture and vehicles24€0€0=
Other tangible fixed assets26€203k€194k▼
Current assets29/58€627k€622k▼
Stocks and contracts in progress3€272k€269k▼
Stocks30/36€272k€269k▼
Amounts receivable within one year40/41€70k€84k▲
Trade receivables40€70k€84k▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€276k€264k▼
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.23M▲
Equity10/15€72k€58k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Uncalled capital101€0€0=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€-11k€-25k▼
Provisions and deferred taxes16€0€0=
Provisions for liabilities and charges160/5€0€0=
Pensions and similar obligations160€0€0=
Amounts payable17/49€1.14M€1.17M▲
Amounts payable after more than one year17€42k€25k▼
Financial debts170/4€40k€24k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€1.08M€1.13M▲
Current portion of amounts payable after more than one year42€17k€17k=
Financial debts43€250k€250k=
Credit institutions430/8€250k€250k=
Trade debts44€574k€629k▲
Suppliers440/4€574k€629k▲
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€20k€6k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€11k€0▼
Other amounts payable47/48€217k€226k▲
Accrued charges and deferred income492/3€19k€18k▼
Income statement
Code20242025
Non-recurring operating income76A€4k€5k▲
Remuneration, social security and pensions62€12k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Other operating charges640/8€31k€32k▲
Gross operating margin9900€129k€77k▼
Operating profit (loss)9901€64k€3k▼
Financial income75/76B€222€405▲
Recurring financial income75€222€405▲
Financial charges65/66B€47k€17k▼
Recurring financial charges65€47k€17k▼
Profit (loss) for the period before taxes9903€17k€-14k▼
Income taxes67/77€390€513▲
Profit (loss) for the period9904€17k€-14k▼
Profit (loss) for the period to be appropriated9905€17k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-25k▼
Profit (loss) brought forward from the previous period14P€-27k€-11k▲
Social balance
Average headcount (FTE)90870.20.4▲
The notes to these accounts (12 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
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €17k ▲14%
Operating result €64k, net result €17k, both a record.
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Weakest financial yearnet €-20k ▼724%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sankt Vith · 1 establishment unit since 1988
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.
Römerstraße,Hünningen 74780 Sankt Vith1 establishment unit
Römerstraße,Hünningen 7, 4780 Sankt Vith
since 19882.038.548.139
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,717. 1,228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-05-1988
Fiscal year end30-06
Activities, NACEBEL
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47591Retail trade
51471
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filings
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.mkkrings.com