Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
Fonderies J. Marichal Ketin et Cie from Liège, company number BE0403965705, closed financial year 2025 with a result of € 218,408 after tax. For that financial year Fonderies J. Marichal Ketin et Cie recorded revenue of € 27.7 million and equity of € 13 million. Compared with financial year 2024, the result moved from € -2.7 million to € 218,408. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.
€ 13 million
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 218,408
▲ still € 2.7 million loss in 2024
Profit after tax over the fiscal year.
€ 460,605
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -11.7 million.
People and assets in 2025
138.3
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.3 million
▲ 13% vs 2024
€ 74,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 156,358
▼ 15% vs 2024
Of which on lease € 67,875.
Debts at end 2025
€ 13.2 million
▼ 3% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 6.8 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 2.5 million
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,800,946 | € 34,746,219 | € 35,264,541 | € 27,664,208 | ▼ 22% |
| Profit after taxes | € -3,962,933 | € -3,907,266 | € -2,669,153 | € 218,408 | ▲ € 2.9 million |
| Equity | € 9,779,171 | € 6,924,411 | € 7,302,737 | € 13,021,151 | ▲ 78% |
| Total debts | € 20,155,223 | € 26,441,845 | € 26,766,250 | € 25,846,994 | ▼ 3% |
| Cash | € 395,988 | € 695,032 | € 959,871 | € 460,605 | ▼ 52% |
| Land & buildings | € 2,808,084 | € 3,346,080 | € 6,321,520 | € 6,211,672 | ▼ 2% |
| Retained profit | € -5,360,796 | € -9,268,061 | € -11,937,214 | € -11,718,806 | ▲ € 218,408 |
| Bank debt | € 11,554,436 | € 14,843,565 | € 13,674,729 | € 13,197,539 | ▼ 3% |
| Balance sheet total | € 30,481,839 | € 33,819,622 | € 34,421,632 | € 39,138,950 | ▲ 14% |
| Employees (FTE) | 142.8 | 145.5 | 144.5 | 138.3 | ▼ 6.2 |
Key figures of Fonderies J. Marichal Ketin et Cie, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Fonderies J. Marichal Ketin et Cie?
What happened at Fonderies J. Marichal Ketin et Cie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Fonderies J. Marichal Ketin et Cie is active according to the CBE. Legal situation: Opening faillissement.
- COUR DE CORTENBACH SRL stepped down as director. NBB
- SCRL NOSHAQ PARTNERS stepped down as director. NBB
- FP CONSEIL scom stepped down as director. NBB
- SRL W7 stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- SA INVEST FOR JOBS stepped down as director. NBB
- JEAN-CLAUDE HERMAN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 218,408. Source: NBB ↗
In short
From € 4 million loss in 2022 to € 218,408 profit in 2025.
Paid € 1,005 in corporate taxes since 2022.
Best year ever: 2025, with € 218,408 profit.
Pays suppliers within 106 days on average.
Management
The stake of INVEST FOR JOBS, Wallonie Entreprendre, Société d'Investissement du Bassin liégeois, FONDS D'INVESTISSEMENT ET DE CROISSANCE INDUSTRIELLE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fonderies J. Marichal Ketin et CieThe shares are held by INVEST FOR JOBS (24.9%), Wallonie Entreprendre (20.9%), Société d'Investissement du Bassin liégeois (13.3%) and FONDS D'INVESTISSEMENT ET DE CROISSANCE INDUSTRIELLE (11.5%). It owns 9% of Reverse Metallurgy itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Director · represented by STEPHANE DUMOULIN
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE, SNEL GRAFICS +169 more
since 2021 · until 2027
since 2021 · until 2027
Director · represented by VINCENT WERBROUCK
Also active at: REGINA 5, SAPRISTIC INTERNATIONAL, SAPRISTIC BELGIUM, SAPRISTIC IMMO, SPRIMO HOLDING, MIRRHIA 4 INTERNATIONAL, Les Nouveaux Ateliers de la Meuse
since 2021 · until 2027
Director · represented by Isabelle DEVOS
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, JUNGLING, MEBF, PRAYON +224 more
since 2023 · until 2027
Director · represented by CHRISTOPHE PICARD
Also active at: GALLER HOLDING, Century 21 Benelux, MICROMEGA - DYNAMICS, NOMICS, BEER PROJECT, IONICS, REIN4CED, Magics Technologies +9 more
since 2021 · until 2027
JEAN-CLAUDE HERMAN
Director
since 2021 · until 2027
Director · represented by ISABELLE DEVOS
Also active at: Aciéries Somville, FRANKI, TUBES DE HAREN ET NIMY, SOGESTIMMO, T. PALM, NLMK LA LOUVIERE, PLASTURGIE LAZZERINI, KLIEMO +45 more
since 2021 · until 2023
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rue Ernest-Solvay 372
4000 Liège
Verte-Voie 39
4000 Liège
Active since 1 July 1910
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0403.965.705
- VAT number
- BE 0403.965.705
- Registered office
- Rue Ernest-Solvay 372, 4000 Liège
- Names & denominations
- Fonderies J. Marichal Ketin et Cie · Marichal Ketin
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 15 July 1910
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mkb.be [email protected]
- Activities · NACE
Vervaardiging van machines voor de metallurgie