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MARUPECHE

Active1 interim measure
Public limited companyfounded 2005active for 21 yearsBaron Ruzettelaan 1, 8310 Brugge, Belgium10 active companies are registered at this addressKBO/BCE: BE 0876.581.872
Summary

The file of MARUPECHE contains 1 interim measure and 1 administrative flag, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 11.7% (high). The 2025 annual accounts show negative equity (-€126,312) and a net result of -€144. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9,594 sector peers (NACE 46, financial year 2025).

Overview

Activity
Wholesale trade
NACE 46391
1 site
Size
€37total assets 2025
Equity
-€126,312
Loss
-€144
Turnover not published (abbreviated format)
Financial health
28 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
11.7%
Structure
Accounts filed 156 days late1 of 5 deeds read
Why 28raises riskLatest accounts 157 days late; 3 of the last 3 late1 change of registered office in 24 monthsEx-officio strike-off in the KBOlowers riskSize: total assets €37Show the evidence

Checked score

Score 2025
28 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -337641.7% of total assets
Liquidity 0=
short-term debt 337741.7%
Profitability 0=
return on assets -385.3%
Bankruptcy probability, 12 months
11.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 7.3% 12-2024: 7.3%● unchanged vs 11-2024 01-2025: 7.3%● unchanged vs 12-2024 02-2025: 7.3%● unchanged vs 01-2025 03-2025: 7.3%● unchanged vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.3%● unchanged vs 04-2025 06-2025: 6.5%▼ -0.8 percentage points vs 05-2025 07-2025: 6.5%● unchanged vs 06-2025 08-2025: 6.4%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 6.4%● unchanged vs 08-2025lowest value 10-2025: 6.4%● unchanged vs 09-2025lowest value 11-2025: 6.4%● unchanged vs 10-2025lowest value 12-2025: 6.4%● unchanged vs 11-2025lowest value 01-2026: 6.4%● unchanged vs 12-2025lowest value 02-2026: 6.4%● unchanged vs 01-2026lowest value 03-2026: 6.4%● unchanged vs 02-2026lowest value 04-2026: 6.4%● unchanged vs 03-2026lowest value 05-2026: 7.8%▲ +1.4 percentage points vs 04-2026 06-2026: 7.8%● unchanged vs 05-2026 07-2026: 13.8%▲ +6.0 percentage points vs 06-2026highest value 08-2026: 11.4%▼ -2.4 percentage points vs 07-2026 09-2026: 11.4%● unchanged vs 08-2026 10-2026: 11.7%▲ +0.3 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 1% on liquidity, 6% on profitability and 39% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · Latest accounts 157 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €37
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€126,312
raises risk · Interim administration
1 publication on interim administration in the Belgian Official Gazette. An early signal, not a finding of bankruptcy.
Belgian Official Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-07-2026, 156 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
156 days late
2024
521 days late
2023
887 days late
2022
1252 days late
2021
1617 days late
2020
1982 days late
2019
2348 days late
← 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 1252 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 filed years within 730 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end12-10-2026 today31-01-2027 deadline
  1. Strikeout withdrawnevent 06-07-2026
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€126,312 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€144 View
  • Positive: Result rose in 2025from -€113,034 to -€144 ▲ 99.9% View
  • Caution: Among the weakest 5% on solvencysector median 43.3% · 9,594 companies -337641.7% View
  • Caution: Latest accounts filed lateafter the legal deadline 156 days View
  • Caution: Board changedlatest change 28-04-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€37
Loss
-€144
Solvency
-337641.7%
Total assets▼ 100.0%
Net result
20192025
Go to Financials

Timeline

Events
25
Since
2008
Next accounts
by 31-01-2027
  1. 06-07-2026Annual accounts filed
  2. 06-07-2026Annual accounts filed
  3. 06-07-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46391
Founded
10-10-2005
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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