Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 19 to 14.9.
Financials
Financial year 2025
MARECO from Antwerpen, company number BE0479107447, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year MARECO recorded revenue of € 26.3 million and equity of € 5 million. Compared with financial year 2024, the result moved from € 39,257 to € -1.3 million. 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 March 24, 2026.
€ 5 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ still € 39,257 profit in 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.9 million.
People and assets in 2025
14.9
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 9% vs 2024
€ 125,400 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.
€ 90,980
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,586
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 4.4 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 351,026
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 51,218,338 | € 37,893,180 | € 31,120,919 | € 26,272,708 | ▼ 16% |
| Profit after taxes | € 839,562 | € 750,211 | € 39,257 | € -1,302,638 | ▼ € 1.3 million |
| Equity | € 5,515,423 | € 6,265,635 | € 6,304,892 | € 5,002,254 | ▼ 21% |
| Total debts | € 9,541,411 | € 5,062,483 | € 4,864,833 | € 4,794,545 | ▼ 1% |
| Cash | € 3,401,468 | € 1,483,789 | € 1,212,846 | € 1,694,688 | ▲ 40% |
| Land & buildings | € 526,461 | € 468,730 | € 413,039 | € 362,649 | ▼ 12% |
| Retained profit | € 5,453,423 | € 6,203,635 | € 6,242,892 | € 4,940,254 | ▼ 21% |
| Bank debt | € 739,453 | € 560,072 | € 1,040,207 | € 19,586 | ▼ 98% |
| Balance sheet total | € 15,056,835 | € 11,328,118 | € 11,169,725 | € 9,796,799 | ▼ 12% |
| Employees (FTE) | 18.3 | 19 | 16 | 14.9 | ▼ 1.1 |
Key figures of MARECO, 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 MARECO?
What happened at MARECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rósa Guđmundsdóttir stepped down as director. NBB
- Bragi Thor Marinosson stepped down as director. NBB
- FP Management Services BV BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.3 million (▼ € 1.3 million vs 2024). Source: NBB ↗
- Rósa Guđmundsdóttir became a director. NBB
- FP Management Services BV BV became a director. NBB
- Bragi Thor Marinosson became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 839,562 profit in 2022 to € 1.3 million loss in 2025.
Paid € 368,344 in corporate taxes since 2022.
Best year ever: 2022, with € 839,562 profit.
Pays suppliers within 64 days on average.
A new publication or filing at MARECO? We notify you, reason included.
Follow MARECODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 99% of MARECO SOUTH AMERICA LTDA and 95% of Eimskip Lojistik A.S. itself.
Directors
According to the 2025 annual accounts
Rósa Guđmundsdóttir
Director
since 2024 · until 2030
Bragi Thor Marinosson
Director
since 2024 · until 2029
Managing director · represented by Peeters Frank
since 2024 · until 2029
Establishments
Establishment units
Physical locations of this company
Waalsekaai 27 box B
2000 Antwerpen
Waalsekaai 27 B
2000 Antwerpen
Active since 27 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Domain
Domain
marecologistics.com
Registered
2008-03-18
Registrar
MarkMonitor, Inc.
Expires
2027-03-18
Website info
Features
Details
- Company number
- 0479.107.447
- VAT number
- BE 0479.107.447
- Registered office
- Waalsekaai 27 bus B, 2000 Antwerpen
- Names & denominations
- MARECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2002
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- marecologistics.com
- Activities · NACE
Logistieke diensten
Scheepsagenturen
Overige vervoerondersteunende activiteiten
Overige activiteiten i.v.m. de organisatie van het vrachtvervoer