Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Etablissements Marechal et Fils, Abreuvoirs et Decolletages from Theux, company number BE0402468044, closed financial year 2025 with a result of € -37,310 after tax. For that financial year Etablissements Marechal et Fils, Abreuvoirs et Decolletages recorded a gross margin of € 17,759 and equity of € 125,374. Compared with financial year 2024, the result moved from € -67,754 to € -37,310. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 125,374
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,310
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,471
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,374.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,430
▼ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,770
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,271
▼ 53% vs 2024
Loans from banks and other lenders, long and short.
€ 17,581
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,953
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,321 | € 71,764 | € -4,324 | € 17,759 | ▲ € 22,083 |
| Profit after taxes | € -22,313 | € 32,592 | € -67,754 | € -37,310 | ▲ € 30,444 |
| Equity | € 197,847 | € 230,439 | € 162,684 | € 125,374 | ▼ 23% |
| Total debts | € 93,174 | € 83,785 | € 80,701 | € 81,180 | ▲ 1% |
| Cash | € 19,211 | € 19,952 | € 6,767 | € 10,471 | ▲ 55% |
| Land & buildings | - | € 8,702 | € 7,807 | € 6,909 | ▼ 11% |
| Retained profit | € 167,847 | € 200,439 | € 132,684 | € 95,374 | ▼ 28% |
| Bank debt | € 22,129 | € 13,964 | € 8,993 | € 4,271 | ▼ 53% |
| Balance sheet total | € 291,021 | € 314,224 | € 243,386 | € 206,554 | ▼ 15% |
Key figures of Etablissements Marechal et Fils, Abreuvoirs et Decolletages, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etablissements Marechal et Fils, Abreuvoirs et Decolletages?
What happened at Etablissements Marechal et Fils, Abreuvoirs et Decolletages in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,310. Source: NBB ↗
- Olivier MARECHAL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Theux. KBO
In short
From € 22,313 loss in 2022 to € 37,310 loss in 2025.
Paid € 449 in corporate taxes since 2022.
Best year ever: 2023, with € 32,592 profit.
A new publication or filing at Etablissements Marechal et Fils, Abreuvoirs et Decolletages? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Etablissements Marechal et Fils, Abreuvoirs et Decolletages is Olivier MARECHAL.
Directors
According to the 2025 annual accounts
Olivier MARECHAL
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Rue Hovémont 35
4910 Theux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.468.044
- VAT number
- BE 0402.468.044
- Registered office
- Rue Hovémont 35, 4910 Theux
- Names & denominations
- Etablissements Marechal et Fils, Abreuvoirs et Decolletages · Marec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 7 Aug 2025
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw