MARE FIDEI
ActiveMARE FIDEI has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €293k and a net result of €27k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▼-29
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 3.21 in 2023), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 29-09-2025, 60 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
60 d late
2023
70 d late
2022
11 d early
2021
2 d early
2020
2 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€293k▲ 10.3%
2023 · €266k
2018: €49k
2019: €111k
2020: €140k
2021: €189k
2022: €226k
2023: €266k
2018 → 2024
Total assets
€436k▲ 14.2%
2023 · €382k
2018: €152k
2019: €229k
2020: €301k
2021: €373k
2022: €433k
2023: €382k
2018 → 2024
Net result
€27k▼ 31.8%
2023 · €40k
2018: €40k
2019: €61k
2020: €29k
2021: €49k
2022: €37k
2023: €40k
2018 → 2024
Working capital
€286k▲ 12.2%
2023 · €255k
2018: €39k
2019: €98k
2020: €129k
2021: €173k
2022: €211k
2023: €255k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€140k-€189k▲ 35.4%€226k▲ 19.5%€266k▲ 17.8%€293k▲ 10.3%
Operating result€47k-€77k▲ 64.6%€54k▼ 30.3%€57k▲ 5.7%€37k▼ 35.5%
Net result€29k-€49k▲ 70.2%€37k▼ 25.5%€40k▲ 9.2%€27k▼ 31.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 35% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €436k
Fixed assets
€9k▼ 22.4%
Current assets
€427k▲ 15.3%
Equity and liabilities €436k
Equity
€293k▲ 10.3%
Debt
€142k▲ 23.1%
The debt ratio rises from 30.3% to 32.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€39k▼
2023 · €61k
Cash flow
€30k▼
2023 · €44k
Solvency
67.4%▼
2023 · 69.7%
Current ratio
3.03▼
2023 · 3.21
Quick ratio
3.03▼
2023 · 3.21
Debt / equity
0.48▲
2023 · 0.43
ROE
9.4%▼
2023 · 15.1%
ROA
6.3%▼
2023 · 10.5%
Interest coverage
7.09▼
2023 · 10.63
Debt
€142k▲
2023 · €116k
Debt ≤ 1 year
€141k▲
2023 · €116k
Income taxes
€16k▼
2023 · €22k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€382k€436k▲
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€540€184▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€2k€2k=
Current assets29/58€371k€427k▲
Amounts receivable after more than one year29€302k€357k▲
Other amounts receivable291€302k€357k▲
Amounts receivable within one year40/41€68k€70k▲
Trade receivables40€11k€35k▲
Other amounts receivable41€57k€35k▼
Equity and liabilities
Total equity and liabilities10/49€382k€436k▲
Equity10/15€266k€293k▲
Contributions10/11€6k€6k=
Reserves13€260k€287k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€258k€285k▲
Amounts payable17/49€116k€142k▲
Amounts payable within one year42/48€116k€141k▲
Financial debts43€5k€7k▲
Credit institutions430/8€5k€7k▲
Trade debts44€23k€50k▲
Suppliers440/4€23k€50k▲
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€88k€74k▼
Taxes450/3€88k€74k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€8k€686▼
Gross operating margin9900€69k€40k▼
Operating profit (loss)9901€57k€37k▼
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€62k€43k▼
Income taxes67/77€22k€16k▼
Profit (loss) for the period9904€40k€27k▼
Profit (loss) for the period to be appropriated9905€40k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€27k▼
Transfer to equity691/2€40k€27k▼
To other reserves6921€40k€27k▼
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €27k ▼31.8%
Net result drops to €27k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €226k ▲19.5%
5 profitable years in a row build equity to €226k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €189k ▲35.4%
4 profitable years in a row build equity to €189k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €61k ▲52.7%
Operating result €90k, net result €61k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲125%
2 profitable years in a row build equity to €111k.
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 99 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
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, Antwerpen · 1 establishment unit since 2011
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.
Rubenslei 252018 AntwerpenGround area
641 m²
Building footprint
384 m²
Volume, LiDAR
10,907 m³
Parcel 11808H1206/00M007, Flanders · tallest building 32.2 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
MARE FIDEI
since 20112.205.545.220
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1206/00M007 | Flanders | 641 m² | 1 · 384 m² | 32.2 m · 10 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
BACK2BE
BE 0599.944.604
Nandrin · Eq €293k
CAST SERVICES
BE 0435.684.507
Tremelo · Eq €293k
PROVITIS
BE 0480.263.430
Antwerpen · Eq €293k
DANSIL
BE 0898.326.797
Charleroi · Eq €294k
Mount Scenery (Belgium)
BE 0805.523.533
Elsene · Eq €293k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 38,139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-09-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.