Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
From profit to loss in 2025, after a profit of €101,223 in 2024.
Of this, €989,165 falls due within a year.
In July 2024, 6,619 companies had the same profile as MARESCHAL has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
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.
| 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 6,619 companies, not a prediction for MARESCHAL. 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.
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| Company | ||||
|---|---|---|---|---|
| MARESCHAL Hamoir | €269,681 | -€18,975 | -267.6% | - |
| LES CROISETTES Trooz | €293,836 | -€40,150 | -19.8% | - |
| SPIRIT Izegem | €278,412 | -€713 | 62.3% | - |
| Prodomus Oud-Heverlee | €304,533 | -€1,669 | -313.9% | - |
| SOCIETE DE PROMOTION IMMOBILIERE C.M.D. Mons | €263,494 | €990 | 46.2% | - |
| MINOS-PL Schaerbeek | €229,309 | -€28,085 | 51.5% | - |
| CHRISTA VAN DE SLYCKE Wetteren | €215,091 | -€15,819 | -46.2% | - |
These companies have the same main activity as MARESCHAL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €215,000 and €305,000, founded between 2000 and 2005.
MARESCHAL files the micro format. That format states no turnover. The gross margin fell from €128,983 in 2006 to -€18,975 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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