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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MARINO from Zwevegem, company number BE0472995358, closed financial year 2025 with a result of € -12,298 after tax. For that financial year MARINO recorded a gross margin of € -901 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -68,362 to € -12,298. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 1.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,298
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,143
▲ € 1,110 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
€ 753
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 233,230
▲ 4% vs 2024
€ 21,067 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 174
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 802,930 | € 676,785 | € -56,077 | € -901 | ▲ € 55,176 |
| Profit after taxes | € -39,681 | € 537,126 | € -68,362 | € -12,298 | ▲ € 56,063 |
| Equity | € 766,425 | € 1,303,551 | € 1,235,190 | € 1,222,891 | ▼ 1% |
| Total debts | € 325,215 | € 127,029 | € 228,155 | € 233,404 | ▲ 2% |
| Cash | € 78,451 | € 519,279 | € 32 | € 1,143 | ▲ € 1,110 |
| Land & buildings | € 548,106 | € 357,140 | € 1,164,858 | € 1,134,020 | ▼ 3% |
| Retained profit | € 701,425 | € 1,238,551 | € 1,170,190 | € 1,157,891 | ▼ 1% |
| Bank debt | € 318,754 | € 121,816 | € 225,148 | € 233,230 | ▲ 4% |
| Balance sheet total | € 1,298,401 | € 1,800,273 | € 1,825,584 | € 1,811,626 | ▼ 1% |
Key figures of MARINO, 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 MARINO?
What happened at MARINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,298. Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,681 loss in 2022 to € 12,298 loss in 2025.
Paid € 7,129 in corporate taxes since 2022.
Best year ever: 2023, with € 537,126 profit.
Management
Behind MARINO are Bernard Gabay and Richard Gabay.
Directors
According to the 2025 annual accounts
Bernard Gabay
Director
Richard Gabay
Director
Establishments
Establishment units
Physical locations of this company
Ellestraat(Z) 79 D
8550 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.995.358
- VAT number
- BE 0472.995.358
- Registered office
- Ellestraat(Z) 79 D, 8550 Zwevegem
- Names & denominations
- MARINO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2000
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen