Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for MARCAN according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2024 annual accounts show equity of €1.82M and a net result of €-619k.
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
3 eventsSignals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-09-2025 | 30-04-2026 | nothing on record | not filed | - |
| 30-09-2024 | 30-04-2025 | 30-04-2025 | on the day | 2025-00082656 |
| 30-09-2023 | 30-04-2024 | 30-04-2024 | on the day | 2024-00075655 |
| 30-09-2022 | 30-04-2023 | 07-03-2024 | 312 d late | 2024-00040260 |
| 30-09-2021 | 30-04-2022 | 29-04-2022 | 1 d early | 2022-20013429 |
| 30-09-2020 | 30-04-2021 | 01-04-2021 | 29 d early | 2021-09800141 |
| 30-09-2019 | 30-04-2020 | 17-04-2020 | 13 d early | 2020-09300466 |
| 30-09-2018 | 30-04-2019 | 26-08-2019 | 118 d late | 2019-49800037 |
| 30-09-2017 | 30-04-2018 | 21-03-2018 | 40 d early | 2018-07200022 |
| 30-09-2016 | 30-04-2017 | 31-03-2017 | 30 d early | 2017-08500471 |
| 30-09-2015 | 30-04-2016 | 31-03-2016 | 30 d early | 2016-08700313 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.1% | 34.4% | |
| Net result | €-619k | €26k | |
| Equity | €1.82M | €116k | |
| Gross operating margin | €75k | €208k | |
| Staff costs | €102k | €187k |
Show 12 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-369k |
| Net profit | €-619k |
| Cash flow | €-382k |
| Staff costs | €102k |
| Income taxes | €312 |
| Dividends | - |
| Total assets | €3.02M |
| Equity | €1.82M |
| Debt | €1.21M |
| of which ≤ 1y | €758k |
| of which > 1y | €448k |
| Working capital | €-122k |
| Employees (FTE) | 7.2 |
| 2024 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.84 |
| Working capital ratio | -4.0% |
| Solvency | 60.1% |
| Debt / equity | 0.66 |
| Long-term debt ratio | 0.25 |
| Interest coverage | -12.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -20.5% |
| ROE | -34.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.02M |
| Fixed assets | 21/28 | €2.39M |
| Tangible fixed assets | 22/27 | €2.38M |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €636k |
| Amounts receivable within one year | 40/41 | €590k |
| Cash & bank | 54/58 | €45k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.02M |
| Equity | 10/15 | €1.82M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €1.75M |
| Amounts payable | 17/49 | €1.21M |
| Amounts payable after one year | 17 | €448k |
| Amounts payable within one year | 42/48 | €758k |
| Trade debts payable within one year | 44 | €451k |
| Income statement | ||
| Gross operating margin | 9900 | €75k |
| Operating result | 9901 | €-606k |
| Financial income | 75 | €17k |
| Financial charges | 65 | €29k |
| Result before taxes | 9903 | €-619k |
| Income taxes | 67/77 | €312 |
| Net result for the period | 9904 | €-619k |
| Result to be appropriated | 9905 | €-619k |
Health barometer
FY 2024 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Directors
Directors & mandates
10 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Luc PLESSERS KUNSTLAAN 24, BUS 9A,
1000 BRUSSEL 1 |
30-06-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene reiniging van gebouwen(81210) |
| Legal form | Public limited company(014) |
| Incorporation | 20-10-1995 |
| Status | Active |
| Postal code | 1930 |
| First BS signal | 08-06-2023 |
| Latest BS signal | 06-07-2026 |
Structure & network
Ownership & control
No ownership or control structure found in the sources.
For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.
1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00P002 | Flanders | 3,135 m² | 1 · 889 m² | 12.3 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
3 events from the State GazetteThe full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 30-05-2023 to 30-06-2026.
Time machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
2 acts30-05-2025 Registered office moved from Mechelen to Zaventem
- 2800 Mechelen, Liersesteenweg 478 → Kantoor Excelsior 36-38 te 1930 Zaventem, Excelciorlaan 36-38
21-11-2024 Discharge granted to the board
Analysis
Financial profile
5 of 5 axes measuredFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | MARCAN |