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MARCEL LIEBAERT

Active
Public limited companyfounded 1968active for 58 yearsIndustrielaan 1, 9800 Deinze, BelgiumKBO/BCE: BE 0401.030.365
Summary

MARCEL LIEBAERT has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.3m and a net result of €296,037. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 60% of 195 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Manufacture of textiles NACE 13100and 1 other
Joint committees
120 Paritair Comité voor de textielnijverheid
214 Paritair Comité voor de bedienden van de textielnijverheid · annual accounts 2025
Establishment unit
2.002.802.352 9800 Deinze, since 01-01-1925
Financial year end
31 December
Peppol
Reachable since 05-11-2025

Board and ownership

Board
  • De Graeve MichelineDirector · since 22-04-2025
  • LMQSDirector · since 22-04-2025 · permanent representative LIEBAERT Mathieu
  • SOCRATES PROJECTS NVDirector · since 22-04-2025
Shareholders
  • Alain Liebaertannual accounts 2019
  • Pierre Liebaertannual accounts 2019
  • SOCRATES PROJECTS· score 872025 annual accounts of SOCRATES PROJECTS
and 1 other shareholder

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€14.8m
▲ 5.3%
Profit
€296,037
▲ 96.4%
Equity
€10.3m
▼ 0.3%
Total assets
€16.9m
▲ 3.0%
Employees on 31-12-2025
110
▼ 19.7%
Filed on 07-05-2026, 85 days before the deadline
Score breakdownraises riskLiquidity: current ratio 2.38, cash €395,929, halvedlowers riskSize: turnover €14.8m, 110 FTE, total assets €16.9mFounded in 1968Equity €10.3m (60.8% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of medium-sized companies in textiles (NACE 13)
Financial strength · tick: 2024
Strong
Solvency 86-2
equity 60.8% of total assets
Liquidity 46-4
short-term debt 21.0% · cash 2.3%
Profitability 68+3
return on assets 1.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (55 companies, NACE 13, medium-sized)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €950,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (2.48 in 2024), above the usual 1.5. Short-term debt is 21% and cash 2.3% of total assets. 39.2% of the assets are financed with debt and provisions.
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 13, medium-sized). It does better than 62% of them on solvency, 58% on liquidity, 69% on profitability and 58% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.38, cash €395,929, halved
NBB · annual accounts
lowers risk · Size: turnover €14.8m, 110 FTE, total assets €16.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €10.3m (60.8% of total assets)
NBB · annual accounts
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 07-05-2026, 85 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
85 days early
2024
99 days early
2023
106 days early
2022
104 days early
2021
87 days early
2020
86 days early
2019
101 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 95 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% 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 23 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €150,725 to €296,037 ▲ 96.4% View
  • Positive: 5th largest employer in Deinze, Manufacturing sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €296,037 6 years View
  • Flemish supportawarded from 2022 to 2025 €145,064 View

Recent changes

  1. · Gazette deed Appointment: Callens Vandelanotte NV (statutory auditor)
  2. · Gazette deed Reappointment: LMQS BVBA (director)Permanent representatives: LIEBAERT Mathieu, LIEBAERT Alain and DE GRAEVE Micheline
  3. · Gazette deed Appointment: Vandelanotte Bedrijfsrevisoren (statutory auditor)
All 17 events

Comparable companies

These companies have the same main activity as MARCEL LIEBAERT: manufacture of textiles (NACE 13100). They are comparable in size and age: total assets between €16m and €56m, founded between 1975 and 1986.

CompanyTotal assetsTurnover
MARCEL LIEBAERT Deinze€16.9m€14.8m
AstenJohnson Eupen€18.0m€27.0m
EUROPEAN SPINNING GROUP Spiere-Helkijn€26.9m€17.1m
B.I.G. Yarns Europe Kruisem€40.1m€57.8m
JOS VANNESTE Harelbeke€16.2m€52.0m
IWAN SIMONIS Dison€56.1m€12.4m
DEBRUYNE Ardooie€20.8m€27.5m
Full comparison

Key facts about MARCEL LIEBAERT

What is the company number of MARCEL LIEBAERT?
The company number of MARCEL LIEBAERT is 0401.030.365. The VAT number is the same number with BE in front: BE 0401.030.365.
Where is MARCEL LIEBAERT based?
The registered office is at Industrielaan 1, 9800 Deinze.Company details
What does MARCEL LIEBAERT do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13100).
What is the legal form of MARCEL LIEBAERT?
The legal form of MARCEL LIEBAERT is Public limited company (NV).
When was MARCEL LIEBAERT founded?
MARCEL LIEBAERT was founded on 01-01-1968.
Is MARCEL LIEBAERT still active?
Yes, MARCEL LIEBAERT is an active enterprise in the KBO register.
How many employees does MARCEL LIEBAERT have?
MARCEL LIEBAERT had an average of 110 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MARCEL LIEBAERT fall under?
In its 2025 annual accounts, MARCEL LIEBAERT states joint committees 120 (Paritair Comité voor de textielnijverheid) and 214 (Paritair Comité voor de bedienden van de textielnijverheid).
What is the turnover of MARCEL LIEBAERT?
The turnover of MARCEL LIEBAERT was €14.8m in financial year 2025, according to the filed annual accounts.
Is MARCEL LIEBAERT profitable?
In financial year 2025, MARCEL LIEBAERT made a profit of €296,037.
Where can I find the annual accounts of MARCEL LIEBAERT?
MARCEL LIEBAERT filed 66 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARCEL LIEBAERT due?
MARCEL LIEBAERT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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