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 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARREYT CLASSICS from Ternat, company number BE0453107190, closed financial year 2025 with a result of € 323,762 after tax. For that financial year MARREYT CLASSICS recorded a gross margin of € 1 million and equity of € -265,555. Compared with financial year 2024, the result moved from € -602,905 to € 323,762. Profitable, and profit is growing. 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 March 4, 2026.
€ -265,555
▲ € 823,762 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 323,762
▲ still € 602,905 loss in 2024
Profit after tax over the fiscal year.
€ 294,064
▲ 91% 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 € -1.3 million.
People and assets in 2025
6
Average over the fiscal year, from the social balance sheet.
€ 444,975
▲ 5% 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.
€ 79,312
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 500,000
▼ 73% vs 2024
Loans from banks and other lenders, long and short.
€ 655,722
▲ 238% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,074
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,982 | € 124,418 | € 187,359 | € 1,011,776 | ▲ € 824,416 |
| Profit after taxes | € -432,961 | € -867,932 | € -602,905 | € 323,762 | ▲ € 926,667 |
| Equity | € 381,520 | € -486,412 | € -1,089,317 | € -265,555 | ▲ € 823,762 |
| Total debts | € 3,241,666 | € 3,260,417 | € 2,856,624 | € 1,821,161 | ▼ 36% |
| Cash | € 148,923 | € 64,866 | € 153,607 | € 294,064 | ▲ 91% |
| Land & buildings | € 261,843 | € 217,007 | € 216,395 | - | |
| Retained profit | € -137,072 | € -1,005,004 | € -1,607,909 | € -1,284,147 | ▲ € 323,762 |
| Bank debt | € 2,338,191 | € 2,063,945 | € 1,829,624 | € 500,000 | ▼ 73% |
| Balance sheet total | € 3,623,186 | € 2,774,005 | € 1,767,307 | € 1,555,606 | ▼ 12% |
| Employees (FTE) | 7.6 | 6.9 | 6 | 6 |
Key figures of MARREYT CLASSICS, 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 MARREYT CLASSICS?
What happened at MARREYT CLASSICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 323,762. Source: NBB ↗
- Jan Borms became a director. NBB
- PE GROUP became a director. NBB
- CMHI stepped down as director. NBB
- VLEMIS stepped down as director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 432,961 loss in 2022 to € 323,762 profit in 2025.
Paid € 1,264 in corporate taxes since 2022.
Best year ever: 2025, with € 323,762 profit.
On average € 168,600 of value added per employee in 2025.
Management
The stake of CMHI, PE GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARREYT CLASSICSBehind MARREYT CLASSICS are Jan Borms and PE GROUP. The shares are held by CMHI (100%) and PE GROUP (22%).
Directors
According to the 2025 annual accounts
Jan Borms
Director
since 2025
Director · represented by Stefaan Yee
Also active at: NRG NEW GENERATION, WIISH, CMHI, PE Event Logistics Invest
since 2025
Director · represented by Koen Matthijs
· until 2025
Director · represented by Stefaan Yee
· until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenkappersstraat 68
1740 Ternat
Victor Bocquéstraat 15
9300 Aalst
Active since 11 August 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.107.190
- VAT number
- BE 0453.107.190
- Registered office
- Steenkappersstraat 68, 1740 Ternat
- Names & denominations
- MARREYT CLASSICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1994
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected]
- Activities · NACE
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