Mar&Co
ActiveThe computed 12-month bankruptcy probability of Mar&Co is 2.0% (moderate). The 2024 annual accounts show equity of €22k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+13
Solvency43▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.56 in 2023; short-term debt: 61.5% and cash: 29.9% of total assets), and 82.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.9%
Return on assets
11.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €22k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
31 d early
2021
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 200%
2023 · €7k
2021: €7k
2022: €5k
2023: €7k
2021 → 2024
Total assets
€125k▼ 0.2%
2023 · €125k
2021: €202k
2022: €140k
2023: €125k
2021 → 2024
Net result
€15k▲ 560%
2023 · €2k
2021: €5k
2022: €-2k
2023: €2k
2021 → 2024
Working capital
€-19k▲ 41.7%
2023 · €-32k
2021: €-21k
2022: €-29k
2023: €-32k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€7k-€5k▼ 24.3%€7k▲ 43.6%€22k▲ 200%
Operating result€13k-€1k▼ 89.9%€9k▲ 616%€26k▲ 177%
Net result€5k-€-2k€2k€15k▲ 560%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 177% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€67k▼ 20.6%
Current assets
€58k▲ 41.7%
Equity and liabilities €125k
Equity
€22k▲ 200%
Debt
€103k▼ 12.9%
The debt ratio falls from 94.1% to 82.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2023 · €27k
Cash flow
€32k▲
2023 · €20k
Solvency
17.9%▲
2023 · 5.9%
Current ratio
0.76▲
2023 · 0.56
Quick ratio
0.55▲
2023 · 0.30
Debt / equity
4.60▼
2023 · 15.84
ROE
66.7%▲
2023 · 30.4%
ROA
11.9%▲
2023 · 1.8%
Interest coverage
9.39▲
2023 · 6.62
Debt
€103k▼
2023 · €118k
Debt ≤ 1 year
€77k▲
2023 · €73k
Debt > 1 year
€25k▼
2023 · €44k
Income taxes
€6k▲
2023 · €606
Staff costs
€29k▼
2023 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€125k€125k▼
Fixed assets21/28€84k€67k▼
Intangible fixed assets21€78k€66k▼
Tangible fixed assets22/27€6k€833▼
Furniture and vehicles24€6k€833▼
Current assets29/58€41k€58k▲
Stocks and contracts in progress3€19k€16k▼
Stocks30/36€19k€16k▼
Amounts receivable within one year40/41€9k€3k▼
Trade receivables40€8k€3k▼
Other amounts receivable41€187€0▼
Cash at bank and in hand54/58€13k€37k▲
Deferred charges and accrued income490/1€568€1k▲
Equity and liabilities
Total equity and liabilities10/49€125k€125k▼
Equity10/15€7k€22k▲
Contributions10/11€2k€2k=
Reserves13€5k€20k▲
Distributable reserves133€5k€20k▲
Profit (loss) carried forward14€599€599=
Amounts payable17/49€118k€103k▼
Amounts payable after more than one year17€44k€25k▼
Financial debts170/4€44k€25k▼
Amounts payable within one year42/48€73k€77k▲
Current portion of amounts payable after more than one year42€25k€21k▼
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€14k€16k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€10k€5k▼
Other amounts payable47/48€30k€34k▲
Accrued charges and deferred income492/3-€853
Income statement
Code20232024
Remuneration, social security and pensions62€42k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€5k€2k▼
Gross operating margin9900€74k€74k▲
Operating profit (loss)9901€9k€26k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€5k▼
Recurring financial charges65€4k€5k▲
Non-recurring financial charges66B€2k€0▼
Profit (loss) for the period before taxes9903€3k€21k▲
Income taxes67/77€606€6k▲
Profit (loss) for the period9904€2k€15k▲
Profit (loss) for the period to be appropriated9905€2k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€599€15k▲
Profit (loss) brought forward from the previous period14P€-2k€599▲
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €15k ▲560%
Operating result €26k, net result €15k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k ▼134%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Landen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stationsstraat 863400 LandenGround area
341 m²
Building footprint
155 m²
Volume, LiDAR
1,125 m³
Parcel 24059B0284/00B005, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mar&Co
since 20202.300.044.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059B0284/00B005 | Flanders | 341 m² | 1 · 155 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLanden2.300.044.501
Similar companies · same sector, comparable size
CHOCOPOLIS BELGIUM
BE 0816.965.474
Dilbeek · Eq €22k
LA PRALINE SUR LE GATEAU
BE 0551.845.866
Virton · Eq €23k
Vision F&B
BE 0802.337.676
Leuven · Eq €23k
Rêve de Chocolat
BE 0804.008.155
Aarschot · Eq €21k
BSMAND
BE 0660.718.765
Mons · Eq €21k
Of 899 companies in sector 47242 we hold annual accounts for 339. 272 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end31-12
Activities, NACEBEL
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.