Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Electricité Générale MARIN & Fils from Quaregnon, company number BE0791723205, closed financial year 2024 with a result of € -117,997 after tax. For that financial year Electricité Générale MARIN & Fils recorded a gross margin of € 574,732 and equity of € -131,438. Compared with financial year 2023, the result moved from € -18,442 to € -117,997. The company made a loss. 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 August 7, 2025.
€ -131,438
▼ € 117,997 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -117,997
▼ 540 % more loss than in 2023
Profit after tax over the fiscal year.
€ 26,594
▼ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,438.
People and assets in 2024
17.2
▲ 5.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 652,838
▲ 30% vs 2023
€ 38,000 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.
€ 29,596
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 38,980
▲ 15% vs 2023
€ 13,582 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 21,258
▲ 114% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 162,752
▲ 72% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 494,915 | € 574,732 | ▲ 16% |
| Profit after taxes | € -18,442 | € -117,997 | ▼ € 99,555 |
| Equity | € -13,442 | € -131,438 | ▼ € 117,997 |
| Total debts | € 142,421 | € 224,430 | ▲ 58% |
| Cash | € 45,975 | € 26,594 | ▼ 42% |
| Retained profit | € -18,442 | € -136,438 | ▼ € 117,997 |
| Bank debt | € 33,798 | € 38,980 | ▲ 15% |
| Balance sheet total | € 128,979 | € 92,991 | ▼ 28% |
| Employees (FTE) | 12 | 17.2 | ▲ 5.2 |
Key figures of Electricité Générale MARIN & Fils, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Electricité Générale MARIN & Fils?
What happened at Electricité Générale MARIN & Fils in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Electricité Générale MARIN & Fils is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 117,997. filed late Source: NBB ↗
- New establishment in Quaregnon. KBO
- PHILIPPE MARIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,442 loss in 2023 to € 117,997 loss in 2024.
Paid € 1,064 in corporate taxes since 2023.
On average € 33,400 of value added per employee in 2024.
A new publication or filing at Electricité Générale MARIN & Fils? We notify you, reason included.
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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
Behind Electricité Générale MARIN & Fils is PHILIPPE MARIN.
Directors
According to the 2024 annual accounts
PHILIPPE MARIN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de la Flache 195
7390 Quaregnon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.723.205
- VAT number
- BE 0791.723.205
- Registered office
- Rue de la Flache 195, 7390 Quaregnon
- Names & denominations
- Electricité Générale MARIN & Fils · MFEG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 October 2022
- Peppol
- Active · Active since 21 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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