Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARENGO from Herent, company number BE0424674809, closed financial year 2025 with a result of € -21,526 after tax. For that financial year MARENGO recorded a gross margin of € 7,277 and equity of € -44,407. Compared with financial year 2024, the result moved from € -23,521 to € -21,526. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -44,407
▼ € 21,526 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,526
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 268
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,007.
Debts at end 2025
€ 108,826
▼ 16% vs 2024
€ 19,094 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,246 | € 7,942 | € 7,823 | € 7,277 | ▼ 7% |
| Profit after taxes | € -16,469 | € -22,306 | € -23,521 | € -21,526 | ▲ € 1,995 |
| Equity | € 22,946 | € 641 | € -22,881 | € -44,407 | ▼ € 21,526 |
| Total debts | € 360,773 | € 283,463 | € 294,304 | € 305,191 | ▲ 4% |
| Cash | € 1,570 | € 646 | € 621 | € 268 | ▼ 57% |
| Land & buildings | € 294,515 | € 282,447 | € 270,378 | € 260,083 | ▼ 4% |
| Retained profit | € 4,346 | € -17,959 | € -41,481 | € -63,007 | ▼ € 21,526 |
| Bank debt | € 158,796 | € 143,640 | € 130,067 | € 108,826 | ▼ 16% |
| Balance sheet total | € 383,719 | € 284,104 | € 271,423 | € 260,785 | ▼ 4% |
Key figures of MARENGO, 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 MARENGO?
What happened at MARENGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,526. filed late Source: NBB ↗
- DEN AXE BVBA became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,469 loss in 2022 to € 21,526 loss in 2025.
Management
The stake of KENZA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARENGOBehind MARENGO is DEN AXE BVBA. The shares are held by KENZA (100%).
Directors
According to the 2025 annual accounts
Manager · represented by Dirk Lauwers
since 2009
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Timmerik 11
3020 Herent
Diestsestraat 56
3000 Leuven
Active since 1 November 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.674.809
- VAT number
- BE 0424.674.809
- Registered office
- Timmerik 11, 3020 Herent
- Names & denominations
- MARENGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1983
- Peppol
- Active · Active since 23 Apr 2026