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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARRA from Elsene, company number BE0473496986, closed financial year 2025 with a result of € 63,597 after tax. For that financial year MARRA recorded a gross margin of € 502,927 and equity of € 424,970. Compared with financial year 2024, the result moved from € -2,536 to € 63,597. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 424,970
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,597
▲ still € 2,536 loss in 2024
Profit after tax over the fiscal year.
€ 547,696
▲ 82% 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 € 362,470.
Debts at end 2025
€ 3 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 55,049
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,261
▲ 69% 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 | € 533,080 | € 375,778 | € 395,006 | € 502,927 | ▲ 27% |
| Profit after taxes | € 153,468 | € 6,804 | € -2,536 | € 63,597 | ▲ € 66,132 |
| Equity | € 357,105 | € 363,909 | € 361,373 | € 424,970 | ▲ 18% |
| Total debts | € 3,134,423 | € 3,200,444 | € 3,377,241 | € 3,324,714 | ▼ 2% |
| Cash | € 213,893 | € 138,251 | € 301,634 | € 547,696 | ▲ 82% |
| Land & buildings | € 1,978,613 | € 1,968,748 | € 1,882,584 | € 1,720,821 | ▼ 9% |
| Retained profit | € 294,605 | € 301,409 | € 298,873 | € 362,470 | ▲ 21% |
| Bank debt | € 2,880,000 | € 2,972,565 | € 3,036,694 | € 3,000,046 | ▼ 1% |
| Balance sheet total | € 3,491,528 | € 3,564,353 | € 3,738,614 | € 3,749,684 |
Key figures of MARRA, 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 MARRA?
What happened at MARRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,597. Source: NBB ↗
- NORDBRIDGE SA became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 153,468 profit in 2022 to € 63,597 profit in 2025.
Paid € 88,806 in corporate taxes since 2022.
Best year ever: 2022, with € 153,468 profit.
Management
Behind MARRA is NORDBRIDGE SA.
Directors
According to the 2025 annual accounts
NORDBRIDGE SA
Director · represented by Stéphane Beauvalot
since 2021
Establishments
Establishment units
Physical locations of this company
de Meeussquare 18
1050 Elsene
Plejadenlaan 11 A
1200 Sint-Lambrechts-Woluwe
Active since 9 August 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Société de Plantations Tropicales Sotro
Fédération Européenne pour le Transport et l'Environnement
COMITE EUROPEEN DE COORDINATION DE L'HABITAT SOCIAL
€ 977,408 gross margin · 2025
Forum Parlementaire Européen pour les Droits Sexuels et Reproductifs
€ 1.2 million gross margin · 2024
PUBLIC RESEARCH SPECIALTY CROPS APPROVAL ASSOCIATION
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.496.986
- VAT number
- BE 0473.496.986
- Registered office
- de Meeussquare 18, 1050 Elsene
- Names & denominations
- MARRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2000
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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