MARS
ActiveSummary
The computed 12-month bankruptcy probability of MARS is 2.2% (moderate). The 2025 annual accounts show negative equity (-€34,032) and a net result of €4,508, of which €5,020 non-recurring income. Equity has been shrinking by about 41% per year since 2022. Its solvency ranks better than 5% of 22,793 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-09-2022 Normal situation
- Activity
- Retail sale of newspapers and periodicals NACE 47621and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- -€409
- Profit
- €4,508
- Equity
- -€34,032
- ▲ 11.7%
- Total assets
- €14
- ▼ 95.2%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateFounded in 2022No registered site in the KBOlowers riskLiquidity: current ratio 0.00, cash €14, halvedShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 96% on profitability and 63% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00458555.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €375, smaller than the loss of €12,698 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 2 | - |
| part-time | 2 | - |
| in full-time equivalents | 0.7 | - |
| Average over the year, in full-time equivalents | 0.2 | 0.3 |
| Joined | 4 | 4 |
| Left | 2 | 6 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €4,424 | - | - | - |
| Financial fixed assets | €1,500 | €2,500 | - | - |
| Depreciation and write-downs of the year | €951 | €2,181 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €39 | - | - |
| Remuneration, social security and pensions62 | - | €6,337 | €13,402 | -€34 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €951 | €2,181 | - | - | - |
| Other operating charges640/8 | €348 | €680 | €654 | - | - |
| Non-recurring operating charges66A | - | - | €113 | - | - |
| Gross operating margin9900 | -€3,378 | -€14,853 | €1,471 | -€409 | - |
| Operating profit (loss)9901 | -€4,676 | -€24,050 | -€12,698 | -€375 | ▲ 97.0% |
| Financial income75/76B | €19 | €186 | €364 | €5,020 | ▲ 14× |
| Recurring financial income75 | €19 | €186 | €364 | €5,020 | ▲ 14× |
| Non-recurring financial income76B | - | - | - | €5,020 | - |
| Financial charges65/66B | €0 | €870 | €815 | €137 | ▼ 83.2% |
| Recurring financial charges65 | €0 | €870 | €815 | €137 | ▼ 83.2% |
| Profit (loss) for the period before taxes9903 | -€4,658 | -€24,733 | -€13,149 | €4,508 | - |
| Profit (loss) for the period9904 | -€4,658 | -€24,733 | -€13,149 | €4,508 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,658 | -€24,733 | -€13,149 | €4,508 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8,812 | €15,820 | €295 | €14 | ▼ 95.2% |
| Formation expenses20 | €1,521 | - | - | - | - |
| Fixed assets21/28 | €5,734 | €7,574 | - | - | - |
| Tangible fixed assets22/27 | €4,234 | €3,574 | - | - | - |
| Plant, machinery and equipment23 | €4,234 | €3,574 | - | - | - |
| Financial fixed assets28 | €1,500 | €4,000 | - | - | - |
| Current assets29/58 | €1,557 | €8,245 | €295 | €14 | ▼ 95.2% |
| Stocks and contracts in progress3 | €99 | €3,500 | - | - | - |
| Stocks30/36 | €99 | €3,500 | - | - | - |
| Amounts receivable within one year40/41 | €1,453 | €3,587 | €29 | - | - |
| Trade receivables40 | - | €791 | - | - | - |
| Other amounts receivable41 | €1,453 | €2,795 | €29 | - | - |
| Cash at bank and in hand54/58 | €4 | €964 | €30 | €14 | ▼ 53.5% |
| Deferred charges and accrued income490/1 | - | €195 | €235 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8,812 | €15,820 | €295 | €14 | ▼ 95.2% |
| Equity10/15 | -€658 | -€25,391 | -€38,540 | -€34,032 | ▲ 11.7% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€4,658 | -€29,391 | -€42,540 | -€38,032 | ▲ 10.6% |
| Amounts payable17/49 | €9,470 | €41,211 | €38,835 | €34,046 | ▼ 12.3% |
| Amounts payable within one year42/48 | €9,470 | €41,211 | €38,835 | €34,046 | ▼ 12.3% |
| Trade debts44 | €340 | €5,471 | €4,268 | €4,369 | ▲ 2.4% |
| Suppliers440/4 | €340 | €5,471 | €4,268 | €4,369 | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | €3,502 | €5,800 | - | - |
| Taxes450/3 | - | €1,203 | €780 | - | - |
| Remuneration and social security454/9 | - | €2,300 | €5,020 | - | - |
| Other amounts payable47/48 | €9,130 | €32,237 | €28,767 | €29,677 | ▲ 3.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,658 | -€24,733 | -€13,149 | €4,508 | - |
| + Depreciation and write-downs630 | €951 | €2,181 | - | - | - |
| Operating cash flow (approximation) | -€3,707 | -€22,553 | -€13,149 | €4,508 | - |
| Investment in fixed assets (approximation) | - | -€4,021 | - | - | - |
| Change in cash | - | €959 | -€933 | -€16 | ▲ 98.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,017 companies had the same profile as MARS has now. Two years later, 89.2% were still going and 6.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MARS itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,017 companies, not a prediction for MARS. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Ozisik Sezer 50 shares (50%) · €2,000
- Ozdemir Mehmet 50 shares (50%) · €2,000
Capital transactions
- 14-09-2022 Incorporation · €4,000 · 100 shares
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| Ozisik Sezer |
|
| Ozdemir Mehmet |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d’administration, assemblée nommant fixe nombre,durée et,en cas de pluralité,pouvoirs”
Capital, shares and profit
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Au moins quinze jours à dater de l’ouverture, ouverture et délai fixés par l’organe qui procède à l’émission”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 14-09-2022 (in French)
Network & group
MARS shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of MARS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-08
Gazette deed
Resignation: OZDEMIR Mehmet (director)2 points ▸
- General meeting, 12-06-2023
- Director resignation, OZDEMIR Mehmet (director)
14-09
Gazette deed
IncorporationStarting capital €4,000 · Appointments: Ozisik Sezer (director) and Ozdemir Mehmet (director) · Founder16 points ▸
- Founder, Ozisik Sezer (comparant,fondateur)
- Founder, Ozdemir Mehmet (comparant,fondateur)
- Incorporation, “MARS” (deed in French)
- Founding capital, €4,000
- Other provision, “plan financier, remis au notaire soussigné préalablement à la constitution” (deed in French)
- Bank account, 4000, “versement en espèces” (deed in French)
- Other provision, “attestation de dépôt”, 4000 (deed in French)
- Other provision, “fonds à disposition”, 4000 (deed in French)
- Other provision, “établissement des statuts, dresser les statuts à la réquisition des comparants” (deed in French)
- Capital
- Registered office clause, “4801 Stembert,Clos du Roy,1, acquisition personnalité morale” (deed in French)
- Other provision, “unité d'exploitation, 4800 Verviers,rue Rogier 43” (deed in French)
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63074B1046/00M000 | Wallonia | 331 m² | - | - |