Financials
- Fiscal year
- 2025
- Total assets
- €2.3m
- Loss
- -€7,638
- Solvency
- 65.9%
Total assets▼ 4.4%
Net result
20182025
MARE
ActiveSummary
MARE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€7,638. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 117 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Water transport
NACE 50200Wired, wireless and satellite telecommunications NACE 61100
#4 company by equity in Kapellen, Transport and storage sector1 site
How big
€2.3mtotal assets 2025
- Equity
- €1.5m
- Loss
- -€7,638
Turnover not published (abridged schema)
Who decides
Accounts 17 d early0 of 13 deeds read
Why 66+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2025
Profitability27▼-31
Solvency91▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 2.48; short-term debt: 25.5% and cash: 0.3% of total assets), and 34.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Water transport (NACE 50)
about 39% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
-0.3%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2025
1 d early
2024
1 d early
2023
on the day
2022
49 d early
2020
31 d late
2019
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€7,638
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- 14-07-2026Annual accounts filed
- 30-01-2026Annual accounts filed
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Water transportNACE 50200
- Founded
- 28-06-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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