MARS 5
ActiveThe annual accounts of MARS 5 for fiscal year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €33k and a net result of €-90k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 31662 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-64
Solvency40▼-39
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.55 against 0.97 in 2024; short-term debt: 85.3% and cash: 0.1% of total assets), and 85.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
14.7%
Return on assets
-39.5%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-90k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31662 sector peers (2025).
NBB · sector comparisonPosition among 31662 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
2 d late
2021
1 d early
2020
on the day
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 72.9%
2024 · €123k
2018: €18k
2019: €27k
2020: €57k
2021: €79k
2022: €116k
2023: €132k
2024: €123k
2018 → 2025
Total assets
€227k▼ 0.4%
2024 · €228k
2018: €139k
2019: €255k
2020: €250k
2021: €221k
2022: €178k
2023: €185k
2024: €228k
2018 → 2025
Net result
€-90k▼ 915%
2024 · €-9k
2018: €13k
2019: €51k
2020: €72k
2021: €64k
2022: €37k
2023: €16k
2024: €-9k
2018 → 2025
Working capital
€-87k▼ 2,359%
2024 · €-4k
2018: €48k
2019: €107k
2020: €104k
2021: €99k
2022: €55k
2023: €69k
2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€116k▲ 46.5%€132k▲ 13.8%€123k▼ 6.7%€33k▼ 72.9%
Operating result€73k-€61k▼ 15.5%€27k▼ 56.5%€-4k€-88k▼ 2,111%
Net result€64k-€37k▼ 42.7%€16k▼ 56.4%€-9k€-90k▼ 915%
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 €88k in 2025 against €4k 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
Assets €227k
Fixed assets
€121k▼ 4.6%
Current assets
€106k▲ 4.7%
Equity and liabilities €227k
Equity
€33k▼ 72.9%
Debt
€194k▲ 84.3%
The debt ratio rises from 46.1% to 85.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-75k▼
2024 · €6k
Cash flow
€-76k▼
2024 · €1k
Solvency
14.7%▼
2024 · 53.9%
Current ratio
0.55▼
2024 · 0.97
Quick ratio
0.55▼
2024 · 0.91
Debt / equity
5.82▲
2024 · 0.86
ROE
-269.0%▼
2024 · -7.2%
ROA
-39.5%▼
2024 · -3.9%
Interest coverage
-223.36▼
2024 · 30.82
Debt
€194k▲
2024 · €105k
Debt ≤ 1 year
€194k▲
2024 · €105k
Income taxes
€936▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€227k▼
Fixed assets21/28€127k€121k▼
Tangible fixed assets22/27€117k€111k▼
Land and buildings22€12k€19k▲
Furniture and vehicles24€39k€26k▼
Other tangible fixed assets26€65k€65k=
Financial fixed assets28€10k€10k=
Current assets29/58€102k€106k▲
Stocks and contracts in progress3€6k-
Stocks30/36€6k-
Amounts receivable within one year40/41€95k€106k▲
Trade receivables40-€1k
Other amounts receivable41€95k€105k▲
Cash at bank and in hand54/58€478€182▼
Equity and liabilities
Total equity and liabilities10/49€228k€227k▼
Equity10/15€123k€33k▼
Contributions10/11€6k€6k=
Reserves13€113k€113k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€111k€111k=
Profit (loss) carried forward14€4k€-86k▼
Amounts payable17/49€105k€194k▲
Amounts payable within one year42/48€105k€194k▲
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€95k€188k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€13k▲
Other operating charges640/8€2k€620▼
Gross operating margin9900€9k€-74k▼
Operating profit (loss)9901€-4k€-88k▼
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€205€336▲
Recurring financial charges65€205€336▲
Profit (loss) for the period before taxes9903€-4k€-89k▼
Income taxes67/77€5k€936▼
Profit (loss) for the period9904€-9k€-90k▼
Profit (loss) for the period to be appropriated9905€-9k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-86k▼
Profit (loss) brought forward from the previous period14P€13k€4k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Equity above €100kEq €116k ▲46.5%
5 profitable years in a row build equity to €116k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €72k ▲42.6%
Operating result €92k, net result €72k, both a record.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 2008
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.
Mauricelaan 161050 ElseneGround area
317 m²
Building footprint
134 m²
Volume, LiDAR
1,491 m³
Parcel 21445E0006/00L031, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mauricelaan 16, 1050 Elsene
since 20082.168.277.127
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445E0006/00L031 | Brussels | 317 m² | 1 · 134 m² | 15.1 m · 4 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.
Similar companies · same sector, comparable size
UNIFIED MEDIA
BE 0788.213.288
Aartselaar · Eq €33k
RENARD Marc Consulting
BE 0742.492.834
Braine-l'Alleud · Eq €33k
STONE ENGINEERING
BE 0801.388.165
Ottignies-Louvain-la-Neuve · Eq €33k
in2support
BE 0770.740.224
Bonheiden · Eq €33k
NIAR
BE 0737.846.039
Beauvechain · Eq €33k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 35,258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-05-2006
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.