Equity
€94,858 ▲ 231%
Equity rose in 2025 from €28,670 to €94,858.
Marchar
Overview
Lifetime
2 annual accounts with figures on one time axispeak €89,169 (2025)
€89,169▲ 124%
peak €66,188 (2025)
€66,188▲ 132%
peak €94,858 (2025)
€94,858▲ 231%
€33,306▲ 70.2%
Board1 name since 2024
1 directorMartijn Van Den Borre
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €39,894 to €89,169Result from €28,570 to €66,188Equity from €28,670 to €94,858Debts from €19,574 to €33,306Investments €9,767Cash from €9,193 to €41,663
Key points
from the 2025 annual accountsInvestments
€9,767 1.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.31 was 1.79 in 2024
Short-term debts rose from €19,574 to €33,306.
Checked score
98
Excellent
Financially stronger than 81% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.2%
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 3.31, cash €41,663
Legal form: limited partnership
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 71% of them on solvency, 72% on liquidity, 84% on profitability and 95% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Marchar has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Marchar itself is lower: < 0.1% within 12 months. It rests on far more data about Marchar than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for Marchar. 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
Credit of up to €9,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.31 (1.79 in 2024), above the usual 1.5. Short-term debt is 26% and cash 32.5% of total assets. 26% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 days early
2024
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Martijn Van Den Borre general partnerdeed of 02-04-2024
- Charlotte Cornelis limited partnerdeed of 02-04-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007709343
Incorporation
Founders: Martijn Van Den Borre and Charlotte Cornelis · Appointment: Martijn Van Den Borre (manager) · Partner: Martijn Van Den Borre (general partner) · published on 02-04-2024 · Gazette deed
First establishment
Duffelsesteenweg 170, Kontich
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Marchar Kontich | €128,164 | €89,169 | 74.0% | - |
| DeBaar Kontich | €155,021 | €84,893 | 58.6% | - |
| SODA SOLUTIONS Kontich | €153,708 | €101,880 | 79.9% | - |
| DIVARI Consult Kontich | €162,020 | €82,207 | 72.3% | - |
| Howard Dalloway Antwerp | €122,762 | €83,884 | 69.5% | - |
| Jolien Van Landeghem Boom | €129,425 | €93,025 | 63.8% | - |
| MAVO Kapellen | €135,170 | €91,829 | 86.8% | - |
These companies have the same main activity as Marchar: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €123,000 and €162,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 28-03-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.357.482.0602550 Kontich, since 28-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-03-2024
Annual accounts 2025
- €89,169▲ 124%
- ≈ €180,000estimated
- €66,188▲ 132%
- €94,858▲ 231%
- €128,164▲ 166%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on Marchar
Marchar has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,858 and a net result of €66,188.
Its solvency ranks better than 70% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-07-2026, 14 days before the deadline€89,169
▲ 124%
€83,323
▲ 125%
€66,188
▲ 132%
€76,989
▲ 398%
74.0%
▲ 14.6 percentage points
3.31
▲ 1.52
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €140,000 and €230,000.
Balance sheet
balance sheet total €128,164 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
74.0%
Higher than 70% of 39,368 companies in 2025.
3.31
Higher than 66% of 38,051 companies in 2025.
51.6%
Higher than 87% of 38,523 companies in 2025.
Marchar
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
128,164 | 48,243 | |
21/28 |
17,869 | 13,215 | |
22/27 |
17,869 | 13,215 | |
24 |
17,869 | 13,215 | |
29/58 |
110,295 | 35,028 | |
40/41 |
68,044 | 25,120 | |
40 |
44,492 | 25,120 | |
41 |
23,552 | - | |
54/58 |
41,663 | 9,193 | |
490/1 |
588 | 715 | |
| Balance sheet: equity and liabilities | |||
10/49 |
128,164 | 48,243 | |
10/15 |
94,858 | 28,670 | |
10/11 |
100 | 100 | |
13 |
94,758 | 28,570 | |
133 |
94,758 | 28,570 | |
17/49 |
33,306 | 19,574 | |
42/48 |
33,306 | 19,574 | |
44 |
975 | 674 | |
440/4 |
975 | 674 | |
45 |
32,331 | 18,870 | |
450/3 |
32,331 | 18,870 | |
47/48 |
- | 30 | |
| Income statement | |||
9900 |
89,169 | 39,894 | |
630 |
5,113 | 2,337 | |
640/8 |
733 | 442 | |
9901 |
83,323 | 37,114 | |
75/76B |
582 | 0 | |
75 |
582 | 0 | |
65/66B |
134 | 34 | |
65 |
134 | 34 | |
9903 |
83,771 | 37,080 | |
67/77 |
17,583 | 8,511 | |
9904 |
66,188 | 28,570 | |
9905 |
66,188 | 28,570 | |
| Appropriation of the result | |||
9906 |
66,188 | 28,570 | |
691/2 |
66,188 | 28,570 | |
6921 |
66,188 | 28,570 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 88,436 | 39,451 | ||
| 71,301 | 30,907 | ||
| 9,767 | 15,552 | ||
| 32,470 | - | ||
| 76,989 | 15,455 | ||
| 74.0% | 59.4% | ||
| 3.31 | 1.79 | ||
| 0.35 | 0.68 | ||
| 69.8% | 99.7% | ||
| 51.6% | 59.2% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €9,767 | €15,552 |
| €5,113 | €2,337 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Marchar
The operating result for 2025 is 125% higher than in 2024.
Debt's share of the balance-sheet total falls from 40.6% to 26.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationManager (not named in the articles)
since 28-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 17-07-2026
Mandates through the years
1 name, the dashed line is todayMartijn Van Den Borre
Manager (not named in the articles)
Manager (not named in the articles)
Board
Mandates as a list
- Martijn Van Den Borre
- Manager (not named in the articles), from 28-03-2024 to date
Control
Founders
Martijn Van Den Borre, Charlotte Cornelis
This company
Marchar
Equity €94,858
Profit €66,188 in 2025
Capital
- Contribution
- €100
- Source
- 2025 annual accounts
Articles of association
deed of 02-04-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In June
Shareholders
At incorporation
deed of 02-04-2024 ↗
- Martijn Van Den Borre gecommanditeerde vennoot · €99 in cash
- Charlotte Cornelis commanditaire vennoot · €1 in cash
Network & group
No group
Marchar has no parent and no holdings in its annual accounts. Martijn Van Den Borre is the only director. Marchar shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 14 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 16 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007709343
IncorporationFounders: Martijn Van Den Borre and Charlotte Cornelis · Appointment: Martijn Van Den Borre (manager) · Partner: Martijn Van Den Borre (general partner) · published on 02-04-20245 points ▸
- Partner, Martijn Van Den Borre (general partner)
- Partner, Charlotte Cornelis (limited partner)
- Founder, Martijn Van Den Borre
- Founder, Charlotte Cornelis
- Director appointment, Martijn Van Den Borre (manager (not named in the articles))
- The deed holds 5 more points.
First establishment Duffelsesteenweg 170, Kontich
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 28 March 2024, Marchar was incorporated as a limited partnership by two natural persons.12 Martijn Van Den Borre has served as manager since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1007.709.343
- VAT number
- BE 1007.709.343
- Peppol ID
- 0208:1007709343
- Other Peppol ID
- 9925:BE1007709343
- Legal form
- Limited partnership
- Status
- Active, normal situation
- Founded
- 28-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In Junedeed of 02-04-2024 (in Dutch)
- Peppol
- Reachable since 29-03-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Marchar in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-04-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Duffelsesteenweg 170, 2550 Kontich”deed of 02-04-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het optreden als consultant als product specialist om de supply chain te organiseren en optimaliseren van in hoofdzaak verse…”deed of 02-04-2024 (in Dutch)
17 activities
- Het optreden als consultant als product specialist om de supply chain te organiseren en optimaliseren van in hoofdzaak verse voedingsproducten
- Leveren van diensten en consulting m.b.t. de aankoop van verpakkingsmateriaal, opvolgen van orders en transport
- De groothandel in voeding, aankoop van grondstoffen, verpakkingen enz. incl. berekening kosten en baten en financiële opvolging.
- Advies- en dienstverlening op het gebied van algemeen management, bedrijfsvoering en beheer; betreffende commercieel, strategisch, financieel en administratief management; inzake technisch management, productmanagement, changemanagement, de begeleiding van de administratieve organisatie en de implementatie van bedrijfsprocessen, informatica, software en automatisering; managementsupport op algemeen vlak op diverse deeldomeinen; management van diverse totaalprojecten; projectontwikkeling en totaal management.
- De aan- en verkoop, restauratie, huur en verhuur, beheer, onderhoud en exploitatie van roerende goederen, zoals auto’s, oldtimers, botenvaartuigen, aanhangwagens, machines... evenals alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, evenals zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Aannemingsactiviteiten zoals algemene aannemerij, ruwbouwwerken, metsel- en betonwerken, tuinaanleg, elektriciteitswerken, graaf- en wegeniswerken, bos- en tuinbeheer, vloer- en schilderwerken.
- Het aan- en verkopen, beheren, bemiddelen en tentoonstellen van kunstwerken en meubilair.
- Het organiseren van alle mogelijke vervoersactiviteiten, zoals de exploitatie, verhuur van overige transportmiddelen voor vervoer te land, verhuur van vaartuigen, al of niet met chauffeur of bemanning; vervoer van goederen over de weg; het aanbieden van alle vormen van personen –en goederenvervoer.
- Het verrichten van alle handelsbemiddeling, het optreden als agent en zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten.
- Het vervullen van de functie van (gedelegeerd) bestuurder of vereffenaar van vennootschappen naar Belgisch en buitenlands recht.
- Het beheer in de ruimste zin van het woord, van onroerende goederen, daaronder begrepen de huur, de verhuur en de onderverhuur, de herstelling, de verbetering en de verbouwing, alsmede te gelegener tijd de aankoop, de oprichting en elke andere toevallige verwerving van onroerende goederen om ze ter uitoefening van en ter uitbreiding van genoemde beheersactiviteit verder blijvend te gebruiken.
- Vanzelfsprekend mag de vennootschap ook onroerende goederen vervreemden indien zulke vervreemding past in het normale beheer van haar vermogen.
- De deelname, onder welke vorm ook, aan de oprichting, de uitbreiding en omvorming van ondernemingen en vennootschappen allerhande.
- Het verwerven in allerhande ondernemingen van aandelen of rechten in de meest ruime zin, onder meer bij wijze van inbreng, onderschrijving, aankoop of op welke wijze ook.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- De vennootschap mag leningen doen aan derden en zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Duffelsesteenweg 170 registered office 2550 Kontich | 28-03-2024 | 2.357.482.060 |
Buildings and parcels at the address
- Ground area
- 376 m²
- Buildings
- 104 m²
- Volume, LiDAR
- 36 m³
- Tallest building
- 4.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11602E0176/03V000 | 376 m² | 1 · 104 m² | 4.1 m |