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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MARPAU from Fleurus, company number BE0476705114, closed financial year 2025 with a result of € -444 after tax. For that financial year MARPAU recorded a gross margin of € -4,075 and equity of € 562,285. Compared with financial year 2024, the result moved from € 3,559 to € -444. 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 June 17, 2026.
€ 562,285
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -444
▼ still € 3,559 profit in 2024
Profit after tax over the fiscal year.
€ 56,417
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 438,285.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,061 | € -4,026 | € -1,995 | € -4,075 | ▼ € 2,080 |
| Profit after taxes | € -1,097 | € -1,704 | € 3,559 | € -444 | ▼ € 4,003 |
| Equity | € 560,874 | € 559,170 | € 562,729 | € 562,285 | |
| Total debts | € 0 | € 0 | € 2,465 | € 0 | ▼ 100% |
| Cash | € 59,769 | € 59,931 | € 59,840 | € 56,417 | ▼ 6% |
| Retained profit | € 436,874 | € 435,170 | € 438,729 | € 438,285 | |
| Balance sheet total | € 560,874 | € 559,170 | € 565,194 | € 562,285 | ▼ 1% |
Key figures of MARPAU, 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 MARPAU?
What happened at MARPAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 444 (▼ € 4,003 vs 2024). Source: NBB ↗
- Giuseppina NICOLOSI stepped down as director. NBB
- Luisa DI MARTINO stepped down as director. NBB
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,097 loss in 2022 to € 444 loss in 2025.
Best year ever: 2024, with € 3,559 profit.
Management
Directors
According to the 2025 annual accounts
Giuseppina NICOLOSI
Managing director
· until 2025
Luisa DI MARTINO
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Rue de la Chapelle(WB) 22
6224 Fleurus
Rue de Marchienne(GOZ)
6534 Thuin
Active since 28 May 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.705.114
- VAT number
- BE 0476.705.114
- Registered office
- Rue de la Chapelle(WB) 22, 6224 Fleurus
- Names & denominations
- MARPAU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2002
- Peppol
- Not registered