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MAR-SERVICES

Active Private limited companyfounded 1989active for 37 yearsRozenstraat (Kessel) 7, 2560 NijlenKBO/BCE: BE 0437.635.888

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €238,363 (2025)
€238,363▲ 11×
lowest -€19,822 (2009)
€152,426▲ 43×
peak €234,529 (2025)
€234,529▲ 186%
€277,225▲ 30.5%
Board2 names since 2021
1 director
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €21,393 to €238,363Result from €3,532 to €152,426Equity from €82,103 to €234,529Debts from €212,464 to €277,225Cash from €155,886 to €358,373

Key points

from the 2025 annual accounts

Equity

€234,529 ▲ 186%
€82,1002024€235,0002025

Equity rose in 2025 from €82,103 to €234,529.

Liquidity

1.80 was 1.04 in 2024

Short-term debts rose from €206,507 to €265,956.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 2 to 8 days before the end of the period.

Net result +4,216%: one-off income

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as MAR-SERVICES has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for MAR-SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Company renamed from Marine Repairs Services to MAR SERVICES Resignation: (manager) · Reappointment: (director) · Legal-form conversion: to private limited company · General meeting of 27-06-2023 · Gazette deed
First establishment MAR SERVICES, Rozenstraat (Kessel) 7, Nijlen
Incorporation published on 05-07-1989 · Gazette deed
All 45 events

Official details

Source: KBO
Status
Active since 20-06-1989Normal situation
Activity
“Algemene herstellingen, inbegrepen scheepsherstellingen, montagebedrijvigheden, electriciteitswerken, algemene laswerken, herstellen van scheepsmotoren, aan- en verkoophandel…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Establishment unit
2.043.817.9122560 Nijlen, since 23-06-1989
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €600,000estimated
€517,797▲ 69.3%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on MAR-SERVICES

MAR-SERVICES files the micro format. That format states no turnover. The gross margin rose from €4,365 in 2006 to €238,363 in 2025.

The balance sheet grew most from 2007 to 2008 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAR-SERVICES

What is the company number of MAR-SERVICES?
The company number of MAR-SERVICES is 0437.635.888. The VAT number is the same number with BE in front: BE 0437.635.888.
Where is MAR-SERVICES based?
The registered office is at Rozenstraat (Kessel) 7, 2560 Nijlen.Company details
What is the legal form of MAR-SERVICES?
MAR-SERVICES is a private limited company (BV).
When was MAR-SERVICES founded?
MAR-SERVICES was founded on 20-06-1989.
Is MAR-SERVICES still active?
Yes, MAR-SERVICES is an active enterprise in the KBO register.
What is the turnover of MAR-SERVICES?
The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €238,363 and 2,203 comparable companies of the same size. It probably lies between €400,000 and €920,000. It is a rough estimate.Financials
Is MAR-SERVICES profitable?
In financial year 2025, MAR-SERVICES made a profit of €152,426.
Where can I find the annual accounts of MAR-SERVICES?
MAR-SERVICES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAR-SERVICES due?
MAR-SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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