MARAGA

Active

Private limited companyfounded 201511 yrs activePrins van Oranjelaan 166, 1180 Ukkel, BelgiumKBO/BCE: BE 0632.721.694

Summary

The computed 12-month bankruptcy probability of MARAGA is 2.0% (moderate). The 2025 annual accounts show negative equity (€-57k) and a net result of €-963. Equity is shrinking by ~17% per year across the filed fiscal years. Its solvency ranks better than 5% of 7058 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

24 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability4▲+4

Solvency0=

Growth58=

Track record100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.11; short-term debt: 885.4% and cash: 14.6% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 2025

Solvency, return and age of the figures

Solvency

-785.4%

Return on assets

-13.3%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €-57k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings

Deviation from the deadline

2025

31 d late

2024

2 d early

2023

13 d late

2022

21 d late

2021

30 d late

2020

61 d late

2019

24 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-963▲ 85.7%

2024 · €-7k

2018: €-13k 2019: €-12k 2020: €-10k 2021: €4k 2022: €-10k 2023: €-8k 2024: €-7k

2018 → 2025

Working capital

€-57k▼ 1.7%

2024 · €-56k

2018: €-12k 2019: €-24k 2020: €-39k 2021: €-31k 2022: €-41k 2023: €-49k 2024: €-56k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-31k-€-41k▼ 32.5%€-49k▼ 20.0%€-56k▼ 13.7%€-57k▼ 1.7%

Operating result€4k-€-10k€-8k▲ 18.9%€-7k▲ 17.8%€-759▲ 88.5%

Net result€4k-€-10k€-8k▲ 18.6%€-7k▲ 17.6%€-963▲ 85.7%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €759 in 2025 against €7k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €7k

98.3%

Fixed assets €125 =

Current assets €7k ▲ 710%

Key figures and ratios

2025 value · change against 2024

Solvency

-785.4%

Current ratio

0.11

Debt to equity

-1.13

ROA

-13.3%

Debt

€64k▲

2024 · €57k

Debt ≤ 1 year

€64k▲

2024 · €57k

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 · 35 lines

Balance sheet Code20242025

Assets

Total assets20/58€1k€7k▲

Fixed assets21/28€125€125=

Financial fixed assets28€125€125=

Current assets29/58€876€7k▲

Amounts receivable within one year40/41€483€6k▲

Trade receivables40-€6k

Other amounts receivable41€483€0▼

Cash at bank and in hand54/58€203€1k▲

Deferred charges and accrued income490/1€190€0▼

Equity and liabilities

Total equity and liabilities10/49€1k€7k▲

Equity10/15€-56k€-57k▼

Contributions10/11€25k€25k=

Reserves13€3k€3k=

Non-distributable reserves130/1€3k€3k=

Reserves not available under the articles1311€3k€3k=

Profit (loss) carried forward14€-83k€-84k▼

Amounts payable17/49€57k€64k▲

Amounts payable within one year42/48€57k€64k▲

Trade debts44€960€6k▲

Suppliers440/4€960€6k▲

Taxes, remuneration and social security45€1€2k▲

Taxes450/3€1€2k▲

Other amounts payable47/48€56k€56k▲

Income statement Code20242025

Other operating charges640/8€387€801▲

Gross operating margin9900€-6k€42▲

Operating profit (loss)9901€-7k€-759▲

Financial income75/76B-€30

Recurring financial income75-€30

Financial charges65/66B€155€234▲

Recurring financial charges65€155€234▲

Profit (loss) for the period before taxes9903€-7k€-963▲

Profit (loss) for the period9904€-7k€-963▲

Profit (loss) for the period to be appropriated9905€-7k€-963▲

Appropriation of the result

Profit (loss) to be appropriated9906€-83k€-84k▼

Profit (loss) brought forward from the previous period14P€-77k€-83k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 12Financial 1Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-09

State Gazette act Resignation: Eleonore Raillard (director)

2 facts ▸

General meeting, 31-08-2026
Director resignation, Eleonore Raillard (director)

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

13-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 13 days late

2023

21-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 21 days late

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €4k

Net result €4k after 3 loss-making years.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

24-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 24 days late

2019

31-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

31-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 6 acts read

About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

no sitting director, last change in 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-08-2026 Resigned as Director

Not every act has been read: a resignation may be missing here

5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Ukkel · 1 establishment unit since 2015

seat establishment The establishment unit on the map

Ground area

1,371 m²

Building footprint

154 m²

Volume, LiDAR

1,040 m³

Parcel 21614H0056/02Z074, Brussels · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Food & Whispers SPRL

Prins van Oranjelaan 166, 1180 UkkelActivities of head offices; management consultancy activities

since 20152.243.777.373

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21614H0056/02Z074	Brussels	1,370 m²	1 · 154 m²	11.2 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

Antwerpen · Eq €1,244

Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 978 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

Founded24-06-2015

Fiscal year end31-12

Activities, NACEBEL 2025

73300Public relations and communication consultancy

74120Graphic design and visual communication

Sources

Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.