MARCERS
ActiveSummary
MARCERS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €805. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38=
Solvency28=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.35 in 2024; short-term debt: 87.2% and cash: 0.2% of total assets), and 97.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.7%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
76 d late
2023
61 d late
2022
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 5.5%
2024 · €15k
2022: €13klowest in 4 years
2023: €14k▲ +7.4% vs 2022
2024: €15k▲ +7.9% vs 2023
2025: €15k▲ +5.5% vs 2024highest in 4 years
2022 → 2025
Total assets
€580k▲ 35.0%
2024 · €430k
2022: €61klowest in 4 years
2023: €369k▲ +509% vs 2022
2024: €430k▲ +16.5% vs 2023
2025: €580k▲ +35.0% vs 2024highest in 4 years
2022 → 2025
Net result
€805▼ 24.8%
2024 · €1k
2022: €10khighest in 4 years
2023: €931▼ -90.3% vs 2022
2024: €1k▲ +14.9% vs 2023
2025: €805▼ -24.8% vs 2024lowest in 4 years
2022 → 2025
Working capital
€74k▼ 32.6%
2024 · €110k
2022: €13klowest in 4 years
2023: €144k▲ +992% vs 2022highest in 4 years
2024: €110k▼ -23.6% vs 2023
2025: €74k▼ -32.6% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€13k-€14k▲ 7.4%€15k▲ 7.9%€15k▲ 5.5%
2022: €13klowest in 4 years
2023: €14k▲ +7.4% vs 2022
2024: €15k▲ +7.9% vs 2023
2025: €15k▲ +5.5% vs 2024highest in 4 years
Operating result€12k-€2k▼ 86.9%€-713€-3k▼ 310%
2022: €12khighest in 4 years
2023: €2k▼ -86.9% vs 2022
2024: €-713▼ -145% vs 2023
2025: €-3k▼ -310% vs 2024lowest in 4 years
Net result€10k-€931▼ 90.3%€1k▲ 14.9%€805▼ 24.8%
2022: €10khighest in 4 years
2023: €931▼ -90.3% vs 2022
2024: €1k▲ +14.9% vs 2023
2025: €805▼ -24.8% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €713 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €580k
Equity
€15k ▲ 5.5%
Debt
€565k ▲ 36.1%
Debt's share of the balance-sheet total rises from 96.6% to 97.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.15▼
2024 · 1.35
Debt to equity
36.69▲
2024 · 28.46
ROE
5.2%▼
2024 · 7.3%
ROA
0.1%▼
2024 · 0.2%
Debt ≤ 1 year
€506k▲
2024 · €319k
Debt > 1 year
€58k▼
2024 · €95k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€430k€580k▲
Current assets29/58€430k€580k▲
Amounts receivable within one year40/41€428k€579k▲
Trade receivables40€86k€83k▼
Other amounts receivable41€343k€496k▲
Cash at bank and in hand54/58€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€430k€580k▲
Equity10/15€15k€15k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€12k€12k▲
Amounts payable17/49€415k€565k▲
Amounts payable after more than one year17€95k€58k▼
Financial debts170/4€95k€58k▼
Amounts payable within one year42/48€319k€506k▲
Current portion of amounts payable after more than one year42€35k€37k▲
Trade debts44€249k€453k▲
Suppliers440/4€249k€453k▲
Taxes, remuneration and social security45€35k€16k▼
Taxes450/3€35k€16k▼
Accrued charges and deferred income492/3€634€634=
Income statement
Code20242025
Other operating charges640/8€4k€1k▼
Gross operating margin9900€3k€-2k▼
Operating profit (loss)9901€-713€-3k▼
Financial income75/76B€14k€20k▲
Recurring financial income75€14k€20k▲
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€3k€3k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€1k€805▼
Profit (loss) for the period to be appropriated9905€1k€805▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€12k▲
Profit (loss) brought forward from the previous period14P€11k€12k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €603 | €1k | €4k | €1k | ▼ 71.1% |
| Non-recurring operating charges66A | €550 | €0 | - | - | - |
| Gross operating margin9900 | €13k | €3k | €3k | €-2k | ▼ 154% |
| Operating profit (loss)9901 | €12k | €2k | €-713 | €-3k | ▼ 310% |
| Financial income75/76B | €254 | €6k | €14k | €20k | ▲ 44.4% |
| Recurring financial income75 | €254 | €6k | €14k | €20k | ▲ 44.4% |
| Financial charges65/66B | €369 | €6k | €10k | €13k | ▲ 32.1% |
| Recurring financial charges65 | €369 | €6k | €10k | €13k | ▲ 32.1% |
| Profit (loss) for the period before taxes9903 | €12k | €2k | €3k | €3k | ▲ 20.9% |
| Income taxes67/77 | €3k | €668 | €2k | €3k | ▲ 49.4% |
| Profit (loss) for the period9904 | €10k | €931 | €1k | €805 | ▼ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €10k | €931 | €1k | €805 | ▼ 24.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €61k | €369k | €430k | €580k | ▲ 35.0% |
| Current assets29/58 | €61k | €369k | €430k | €580k | ▲ 35.0% |
| Amounts receivable within one year40/41 | €60k | €364k | €428k | €579k | ▲ 35.1% |
| Trade receivables40 | €53k | €151k | €86k | €83k | ▼ 3.4% |
| Other amounts receivable41 | €7k | €213k | €343k | €496k | ▲ 44.8% |
| Cash at bank and in hand54/58 | €337 | €5k | €1k | €1k | ▲ 3.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €61k | €369k | €430k | €580k | ▲ 35.0% |
| Equity10/15 | €13k | €14k | €15k | €15k | ▲ 5.5% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €10k | €11k | €12k | €12k | ▲ 6.9% |
| Amounts payable17/49 | €48k | €355k | €415k | €565k | ▲ 36.1% |
| Amounts payable after more than one year17 | - | €130k | €95k | €58k | ▼ 38.6% |
| Financial debts170/4 | - | €130k | €95k | €58k | ▼ 38.6% |
| Amounts payable within one year42/48 | €47k | €225k | €319k | €506k | ▲ 58.4% |
| Current portion of amounts payable after more than one year42 | - | €36k | €35k | €37k | ▲ 5.0% |
| Trade debts44 | €17k | €145k | €249k | €453k | ▲ 82.1% |
| Suppliers440/4 | €17k | €145k | €249k | €453k | ▲ 82.1% |
| Taxes, remuneration and social security45 | €31k | €44k | €35k | €16k | ▼ 55.7% |
| Taxes450/3 | €31k | €44k | €35k | €16k | ▼ 55.7% |
| Accrued charges and deferred income492/3 | €634 | €634 | €634 | €634 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €931 | €1k | €805 | ▼ 24.8% |
| Operating cash flow (approximation) | €10k | €931 | €1k | €805 | ▼ 24.8% |
| Change in cash | - | €4k | €-3k | €52 | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €805 ▼24.8%
Net result drops to €805, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
02-07
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Elsene · 1 establishment unit since 2024
Ground area
385 m²
Building footprint
135 m²
Volume, LiDAR
2,559 m³
Parcel 21807G0113/00L002, Brussels · tallest building 32.6 m, ±7 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Louizalaan 184, 1050 Elsene
since 20242.369.663.775
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0113/00L002 | Brussels | 385 m² | 1 · 135 m² | 32.6 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 27,729 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73200Market research and public opinion polling
86995Nutrition and dietetics services
Scores and ratios are computed by Checked and are not a credit decision.