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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MARITHO from Sint-Truiden, company number BE0805752670, closed financial year 2026 with a result of € 1,125 after tax. For that financial year MARITHO recorded a gross margin of € 72,263 and equity of € -30,828. Compared with financial year 2025, the result moved from € -34,953 to € 1,125. Profitable, and profit is growing. 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 October 26, 2026.
€ -30,828
▲ € 1,125 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 172,988 in kind: shares or other assets, valued in the deed.
€ 1,125
▲ still € 34,953 loss in 2025
Profit after tax over the fiscal year.
€ 1,184
▼ 94% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -33,828.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,454
▼ 68% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,247
▼ 25% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 76,877
▼ 25% vs 2025
€ 27,082 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 122,915
▼ 8% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 14,546
Taxes, VAT and social contributions still to pay.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € 126,530 | € 72,263 | ▼ 43% |
| Profit after taxes | € -34,953 | € 1,125 | ▲ € 36,078 |
| Equity | € -31,953 | € -30,828 | ▲ € 1,125 |
| Total debts | € 277,306 | € 230,797 | ▼ 17% |
| Cash | € 19,664 | € 1,184 | ▼ 94% |
| Land & buildings | € 7,884 | € 5,784 | ▼ 27% |
| Retained profit | € -34,953 | € -33,828 | ▲ € 1,125 |
| Bank debt | € 102,813 | € 76,877 | ▼ 25% |
| Balance sheet total | € 245,353 | € 199,969 | ▼ 18% |
Key figures of MARITHO, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MARITHO?
What happened at MARITHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1,125. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Truiden. KBO
- New establishment in Sint-Truiden. KBO
In short
From € 34,953 loss in 2025 to € 1,125 profit in 2026.
Paid € 400 in corporate taxes since 2025.
Best year ever: 2026, with € 1,125 profit.
Management
Behind MARITHO is Marina Flora Withofs.
Directors
According to the 2026 annual accounts
Marina Flora Withofs
Director
Establishments
Establishment units
Physical locations of this company
Luikerstraat 72
3800 Sint-Truiden
Tongersesteenweg 149
3800 Sint-Truiden
Active since 12 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- WITHOFS Marina(oprichter) 100%
Details
- Company number
- 0805.752.670
- VAT number
- BE 0805.752.670
- Registered office
- Luikerstraat 72, 3800 Sint-Truiden
- Names & denominations
- MARITHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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