Mark Lombarts

Active

Private limited companyfounded 20196 yrs activeOostendse Baan 23, 8470 Gistel, BelgiumKBO/BCE: BE 0736.513.575

Mark Lombarts has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

70 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability90▼-10

Solvency71▲+40

Growth32=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 1.57 against 0.99 in 2023; short-term debt: 53.3% and cash: 0.2% of total assets), but 53.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

46.1%

Return on assets

33.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

3 d early

2023

5 d early

2022

25 d early

2021

17 d early

2020

27 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€9k▲ 263%

2023 · €2k

2020: €27k 2021: €58k 2022: €72k 2023: €2k

2020 → 2024

Total assets

€19k▼ 55.3%

2023 · €43k

2020: €41k 2021: €73k 2022: €79k 2023: €43k

2020 → 2024

Net result

€6k▼ 68.1%

2023 · €20k

2020: €25k 2021: €31k 2022: €14k 2023: €20k

2020 → 2024

Working capital

€6k

2023 · €-241

2020: €27k 2021: €56k 2022: €71k 2023: €-241

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€27k-€58k▲ 112%€72k▲ 24.5%€2k▼ 96.7%€9k▲ 263%

Operating result€33k-€39k▲ 18.5%€20k▼ 48.5%€27k▲ 36.2%€13k▼ 50.9%

Net result€25k-€31k▲ 20.5%€14k▼ 53.6%€20k▲ 40.3%€6k▼ 68.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 51% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €19k

16.2%

83.8%

Fixed assets €3k▲ 16.4%

Current assets €16k▼ 60.0%

Equity and liabilities €19k

46.1%

53.9%

Equity €9k▲ 263%

Debt €10k▼ 74.4%

The debt ratio falls from 94.3% to 53.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€15k▼

2023 · €28k

Cash flow

€8k▼

2023 · €21k

Solvency

46.1%▲

2023 · 5.7%

Current ratio

1.57▲

2023 · 0.99

Quick ratio

1.57▲

2023 · 0.99

Debt / equity

1.17▼

2023 · 16.62

ROE

72.5%▼

2023 · 826.2%

ROA

33.4%▼

2023 · 46.9%

Interest coverage

4.75▼

2023 · 149.20

Debt

€10k▼

2023 · €40k

Debt ≤ 1 year

€10k▼

2023 · €40k

Income taxes

€4k▼

2023 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€43k€19k▼

Fixed assets21/28€3k€3k▲

Tangible fixed assets22/27€3k€3k▲

Plant, machinery and equipment23€55€1k▲

Furniture and vehicles24€3k€2k▼

Current assets29/58€40k€16k▼

Amounts receivable within one year40/41€20k€14k▼

Trade receivables40€19k€12k▼

Other amounts receivable41€1k€2k▲

Cash at bank and in hand54/58€19k€36▼

Deferred charges and accrued income490/1€183€2k▲

Equity and liabilities

Total equity and liabilities10/49€43k€19k▼

Equity10/15€2k€9k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€418€7k▲

Amounts payable17/49€40k€10k▼

Amounts payable within one year42/48€40k€10k▼

Trade debts44€3k€2k▼

Suppliers440/4€3k€2k▼

Taxes, remuneration and social security45€5k€7k▲

Taxes450/3€5k€5k▲

Remuneration and social security454/9-€2k

Other amounts payable47/48€32k€1k▼

Accrued charges and deferred income492/3-€126

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲

Other operating charges640/8€563€577▲

Gross operating margin9900€29k€16k▼

Operating profit (loss)9901€27k€13k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€190€3k▲

Recurring financial charges65€190€3k▲

Profit (loss) for the period before taxes9903€27k€10k▼

Income taxes67/77€7k€4k▼

Profit (loss) for the period9904€20k€6k▼

Profit (loss) for the period to be appropriated9905€20k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€90k€7k▼

Profit (loss) brought forward from the previous period14P€70k€418▼

Profit to be distributed694/7€90k-

Return on contributions (dividend)694€90k-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €6k ▼68.1%

Net result drops to €6k, the lowest in the series.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

06-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Liquidity triplescurrent ratio 12.34

Current ratio from 4.84 to 12.34; short-term debt falls from €15k to €6k.

14-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2020net €31k ▲20.5%

Operating result €39k, net result €31k, both a record.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Gistel · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oostendse Baan 238470 Gistel

Ground area

2,668 m²

Building footprint

311 m²

Volume, LiDAR

1,147 m³

Parcel 35005D0772/00P002, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Mark Lombarts

Oostendse Baan 23, 8470 GistelActivities of bailiffs

since 20192.295.764.821

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35005D0772/00P002	Flanders	2,668 m²	1 · 311 m²	9.2 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 134 EUR awarded · 179 EUR paid

Year	Entries	awarded	paid
2025	1	50 EUR	50 EUR
2023	1	84 EUR	129 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 134 EUR · 179 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Grez-Doiceau · Eq €8k

Of 1,020 companies in sector 69103 we hold annual accounts for 611. 226 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-10-2019

Fiscal year end31-12

Activities, NACEBEL

69103Activities of bailiffs

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.