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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAREELS from Lier, company number BE0425017376, closed financial year 2024 with a result of € -18,306 after tax. For that financial year MAREELS recorded a gross margin of € 14,754 and equity of € -173,692. Compared with financial year 2023, the result moved from € -16,757 to € -18,306. 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 29, 2025.
€ -173,692
▼ € 18,306 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,306
▼ 9 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2,411
▼ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -198,481.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,935
▲ 43% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 82,337
▲ 10% vs 2023
Loans from banks and other lenders, long and short.
€ 3,557
▼ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,323
▲ 125% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 42,675 | € 9,626 | € 14,754 | ▲ 53% |
| Profit after taxes | € 11,337 | € -16,757 | € -18,306 | ▼ € 1,550 |
| Equity | € -138,629 | € -155,385 | € -173,692 | ▼ € 18,306 |
| Total debts | € 159,811 | € 175,816 | € 189,534 | ▲ 8% |
| Cash | € 7,850 | € 4,124 | € 2,411 | ▼ 42% |
| Land & buildings | € 1,952 | € 1,301 | € 651 | ▼ 50% |
| Retained profit | € -163,418 | € -180,175 | € -198,481 | ▼ € 18,306 |
| Bank debt | € 82,494 | € 75,000 | € 82,337 | ▲ 10% |
| Balance sheet total | € 21,182 | € 20,430 | € 15,842 | ▼ 22% |
Key figures of MAREELS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAREELS?
What happened at MAREELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 18,306. filed late Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,337 profit in 2022 to € 18,306 loss in 2024.
Best year ever: 2022, with € 11,337 profit.
Management
Behind MAREELS is Johan Mareels.
Directors
According to the 2024 annual accounts
Johan Mareels
Director
Establishments
Establishment units
Physical locations of this company
Berlaarsestraat 8
2500 Lier
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.017.376
- VAT number
- BE 0425.017.376
- Registered office
- Berlaarsestraat 8, 2500 Lier
- Names & denominations
- MAREELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1983
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen