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MARC SYSTEMS

Active
Private limited company (pre-2019)founded 198640 yrs activeVollezeelsesteenweg 58A, 1570 Pajottegem, BelgiumKBO/BCE: BE 0429.282.309
Summary

The computed 12-month bankruptcy probability of MARC SYSTEMS is 3.1% (moderate). The 2024 annual accounts show negative equity (-€400,386) and a net result of -€13,820. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 481 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Installation of industrial machinery and equipment
NACE 33200NACE 32100
#2 oldest company in Pajottegem, Manufacturing sector1 site
Size
€52,932total assets 2024
Equity
-€400,386
Loss
-€13,820
Turnover not published (abridged schema)
Financial health
48 Fair Checked score 2024
Bankruptcy chance 12 m
3.1%
Structure
Accounts 64 d overdue
Why 48- Sector Repair, maintenance and installation of machinery and equipment (NACE 33)- Figures for FY 2024 (filed 30-06-2025)+ Size: total assets €52,932+ Founded in 1986Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 33, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -756.4% of total assets
Liquidity 1+1
short-term debt 672.3% · cash 0.7%
Profitability 0=
return on assets -26.1%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,329 companies)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● 0.0% vs 11-2024 01-2025: 1.9%▼ -0.9% vs 12-2024 02-2025: 1.9%● 0.0% vs 01-2025 03-2025: 1.9%● 0.0% vs 02-2025 04-2025: 1.9%● 0.0% vs 03-2025 05-2025: 1.9%▼ -0.2% vs 04-2025 06-2025: 1.8%▼ -2.7% vs 05-2025 07-2025: 1.9%▲ +3.6% vs 06-2025 08-2025: 1.9%● 0.0% vs 07-2025 09-2025: 1.9%● 0.0% vs 08-2025 10-2025: 1.9%● 0.0% vs 09-2025 11-2025: 1.9%● 0.0% vs 10-2025 12-2025: 1.9%● 0.0% vs 11-2025 01-2026: 1.9%▼ -0.9% vs 12-2025 02-2026: 1.9%● 0.0% vs 01-2026 03-2026: 1.9%● 0.0% vs 02-2026 04-2026: 1.9%● 0.0% vs 03-2026 05-2026: 1.9%▼ -0.2% vs 04-2026 06-2026: 1.8%▼ -2.7% vs 05-2026lowest value 07-2026: 2.0%▲ +10.3% vs 06-2026 08-2026: 2.6%▲ +29.9% vs 07-2026 09-2026: 2.8%▲ +5.3% vs 08-2026 10-2026: 3.1%▲ +12.7% vs 09-2026highest value
  • Size: total assets €52,932 lowers the probability for this profile
  • Sector Repair, maintenance and installation of machinery and equipment (NACE 33) raises the probability
  • Figures for FY 2024 (filed 30-06-2025) raises the probability
  • Founded in 1986 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 672.3% and cash: 0.7% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 33, micro). Better than this share of them on solvency 3%, liquidity 2%, profitability 4%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €52,932
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Repair, maintenance and installation of machinery and equipment (NACE 33)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Figures for FY 2024 (filed 30-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1986
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€400,386
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
35 d early
2021
31 d early
2020
84 d late
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€400,386 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€13,820 View
  • Caution: Among the weakest 5% on solvencysector median 38.5% · 481 companies -756.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View

By topic

Financials

Fiscal year
2024
Total assets
€52,932
Loss
-€13,820
Solvency
-756.4%
Go to Financials

Timeline

Events
11
Since
2016
  1. 30-06-2025Annual accounts filed
  2. 28-06-2024Annual accounts filed
  3. 26-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Installation of industrial machinery and equipmentNACE 33200
Founded
18-08-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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