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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARIGNAN from Landen, company number BE0451593101, closed financial year 2025 with a result of € 2,875 after tax. For that financial year MARIGNAN recorded a gross margin of € 69,731 and equity of € -48,070. Compared with financial year 2024, the result moved from € 12,325 to € 2,875. The company is profitable. 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 June 18, 2026.
€ -48,070
▲ € 2,875 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,875
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 4,390
▲ € 3,333 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 € -66,670.
People and assets in 2025
€ 25,562
▲ 5% 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.
€ 27,626
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 251,052
▼ 9% vs 2024
€ 24,222 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 16,063
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,569
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,462 | € 62,526 | € 78,533 | € 69,731 | ▼ 11% |
| Profit after taxes | € -5,495 | € 8,993 | € 12,325 | € 2,875 | ▼ 77% |
| Equity | € -72,264 | € -63,271 | € -50,946 | € -48,070 | ▲ € 2,875 |
| Total debts | € 286,805 | € 280,718 | € 291,185 | € 270,684 | ▼ 7% |
| Cash | € 759 | € 15,693 | € 1,057 | € 4,390 | ▲ € 3,333 |
| Land & buildings | € 163,056 | € 146,221 | € 129,386 | € 112,551 | ▼ 13% |
| Retained profit | € -90,864 | € -81,871 | € -69,546 | € -66,670 | ▲ € 2,875 |
| Bank debt | € 267,474 | € 264,803 | € 275,846 | € 251,052 | ▼ 9% |
| Balance sheet total | € 214,541 | € 217,447 | € 240,239 | € 222,613 | ▼ 7% |
Key figures of MARIGNAN, 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 MARIGNAN?
What happened at MARIGNAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,875 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Landen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,495 loss in 2022 to € 2,875 profit in 2025.
Paid € 184 in corporate taxes since 2022.
Best year ever: 2024, with € 12,325 profit.
Management
Behind MARIGNAN are Fabienne Salmon and Jean Pierre Poncelet.
Directors
According to the 2025 annual accounts
Fabienne Salmon
Director
Jean Pierre Poncelet
Director
Establishments
Establishment units
Physical locations of this company
Stationsplein 7
3400 Landen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0451.593.101
- VAT number
- BE 0451.593.101
- Registered office
- Stationsplein 7, 3400 Landen
- Names & denominations
- MARIGNAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1993
- Peppol
- Active · Active since 27 Oct 2026
- Activities · NACE
Cafés en bars
Cafés