Mar-Sell

Active

Private limited companyfounded 20224 yrs activePieter Potlaan 2, 2540 Hove, BelgiumKBO/BCE: BE 0781.814.060

Mar-Sell has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

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Checked score

Score 2025

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency51▲+48

Growth78▲+46

Track record94

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.35 against 0.82 in 2024; short-term debt: 74.1% and cash: 35.3% of total assets), and 74.1% of the assets are financed with debt.

How do we compute the score and the probability?

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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

25.9%

Return on assets

62.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-03-2026, 133 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

133 d early

2024

29 d late

2023

29 d late

2022

5 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€12k

2024 · €-1k

2022: €4k 2023: €29k 2024: €-1k

2022 → 2025

Total assets

€45k▲ 624%

2024 · €6k

2022: €9k 2023: €41k 2024: €6k

2022 → 2025

Net result

€28k

2024 · €-3k

2022: €4k 2023: €25k 2024: €-3k

2022 → 2025

Working capital

€12k

2024 · €-1k

2022: €4k 2023: €29k 2024: €-1k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€4k-€29k▲ 624%€-1k€12k

Operating result€5k-€31k▲ 507%€-3k€35k

Net result€4k-€25k▲ 524%€-3k€28k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €35k after a loss of €3k in 2024, the highest result in the available series.

Balance-sheet composition

Equity and liabilities €45k

25.9%

74.1%

Equity €12k

Debt €34k

Debt finances 74.1% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

Solvency

25.9%▲

2024 · -22.1%

Current ratio

1.35▲

2024 · 0.82

Quick ratio

0.56▼

2024 · 0.82

Debt / equity

2.86▲

2024 · -5.52

ROE

239.6%

ROA

62.1%▲

2024 · -52.7%

Debt

€34k▲

2024 · €8k

Debt ≤ 1 year

€34k▲

2024 · €8k

Income taxes

€6k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€6k€45k▲

Current assets29/58€6k€45k▲

Stocks and contracts in progress3-€26k

Stocks30/36-€26k

Amounts receivable within one year40/41€717€3k▲

Other amounts receivable41€717€3k▲

Cash at bank and in hand54/58€6k€16k▲

Equity and liabilities

Total equity and liabilities10/49€6k€45k▲

Equity10/15€-1k€12k▲

Contributions10/11€2€3▲

Reserves13-€12k

Distributable reserves133-€12k

Profit (loss) carried forward14€-1k-

Amounts payable17/49€8k€34k▲

Amounts payable within one year42/48€8k€34k▲

Trade debts44€434€16k▲

Suppliers440/4€434€16k▲

Taxes, remuneration and social security45-€3k

Taxes450/3-€3k

Other amounts payable47/48€7k€15k▲

Income statement Code20242025

Other operating charges640/8€573€757▲

Gross operating margin9900€-3k€35k▲

Operating profit (loss)9901€-3k€35k▲

Financial income75/76B€4-

Recurring financial income75€4-

Financial charges65/66B€79€69▼

Recurring financial charges65€79€69▼

Profit (loss) for the period before taxes9903€-3k€35k▲

Income taxes67/77-€6k

Profit (loss) for the period9904€-3k€28k▲

Profit (loss) for the period to be appropriated9905€-3k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-3k€27k▲

Profit (loss) brought forward from the previous period14P-€-1k

Transfer from equity791/2€29k-

Transfer to equity691/2-€12k

To other reserves6921-€12k

Profit to be distributed694/7€27k€15k▼

Return on contributions (dividend)694€27k€15k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

20-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €28k

Net result €28k after one loss-making year.

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Weakest financial yearnet €-3k ▼113%

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

26-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

15-10-2025 Resigned as Director

Location & real-estate footprint

Registered office, Hove · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Pieter Potlaan 22540 Hove

Ground area

965 m²

Building footprint

195 m²

Volume, LiDAR