Skip to content

MAREL

Active
Public limited companyfounded 199927 years activeIzegemsestraat 52A, 8800 Roeselare, BelgiumKBO/BCE: BE 0466.459.637
Summary

MAREL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €542,910. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 1,068 sector peers (NACE 69, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Certified accountants and tax accountants
NACE 69201
1 site
Size
€2.1mtotal assets 2025
Staff
17.2 FTE
Equity
€1.2m
Profit
€542,910
Financial health
95 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Parent
PIA Group BeLux · 100%
Board
2 members
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 18 days early
Why 95+ Sector Legal and accounting activities (NACE 69)+ Equity €1.2m (58.2% of total assets)+ Profit of €542,910 (FY 2025)+ Figures for FY 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 69, small)
Financial strength · tick = 2024
Strong
Solvency 83+12
equity 58.2% of total assets
Liquidity 35-2
short-term debt 41.4% · cash 3.4%
Profitability 100=
return on assets 26.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (1,478 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 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 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.22 in 2024; short-term debt: 41.4% and cash: 3.4% of total assets), and 41.8% of the assets are financed with debt.
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 69, small): better than 57% on solvency, 13% on liquidity, 94% on profitability and 92% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk○neutral
lowers risk · Sector Legal and accounting activities (NACE 69)
KBO
lowers risk · Equity €1.2m (58.2% of total assets)
NBB · annual accounts
lowers risk · Profit of €542,910 (FY 2025)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 13-07-2026)
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
17 days early
2023
15 days early
2022
6 days early
2021
2 days early
2020
21 days early
2019
50 days 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 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 14 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Statutes amendmentPower of attorney
  3. Equity above €1mEq €1.2m ▲72.8%

Key points

  • Positive: Equity rose in 2025from €693,595 to €1.2m ▲ 72.8% View
  • Positive: Among the best 16% on net resultsector median €121,171 · 1,061 companies €542,910 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by PIA Group BeLuxknown shareholders 100% 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €542,910 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.1m
Profit
€542,910
Solvency
58.2%
Total assets▲ 37.4%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
PIA Group BeLux · 100%
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
Go to Board & ownership

Timeline

Events
30
Since
2003
Next accounts
by 31-07-2027
  1. 14-07-2025Annual accounts filed
  2. 30-06-2025Reappointment: PiaGroup Belgium (director and managing director)
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Certified accountants and tax accountantsNACE 69201
Founded
09-07-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
De vennootschap heeft tot voorwerp de werkzaamheden van gecertificeerd accountant…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.