MARSAC ADVISORS
ActiveSummary
MARSAC ADVISORS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,182) and a net result of -€4,070. Equity has been shrinking by about 35% per year since 2019. Its solvency ranks better than 5% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-05-1999 Normal situation
- Registered office
- 47 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Computer programming NACE 62100and 2 others
- Establishment unit
- 2.092.286.733 1050 Brussel, since 24-09-1999
- Financial year end
- 30 June
- Peppol
- Reachable since 08-12-2025
Board and ownership
- FRESH FUND MANAGEMENTDirector · permanent representative GABAY Bernard Vital Patrick
- Sylvain NavarroDirector
- Sébastien de BlégiersDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€1,361
- ▲ 92.4%
- Loss
- €4,070
- ▼ 80.5%
- Equity
- -€24,182
- ▼ 20.2%
- Total assets
- €70,344
- ▼ 17.2%
- Negative equity on 30-06-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€24,182Loss of €4,070, the second in a row (financial year 2025)lowers riskSize: total assets €70,344Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 4 in 1,000 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 62, micro). It does better than 3% of them on solvency, 5% on liquidity, 13% on profitability and 25% 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 7 accounts on average 1 day after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 2 directors appointed, 1 director resigningResignation: LUX ADVISORS (director) · Appointments: Sylvain Navarro (director) and Sébastien de Blégiers (director)
- · Gazette deed Registered office moved within BruxellesNew seat: Avenue Louise, 363 Boite 18 à 1050 Bruxelles (Ixelles) · Previous seat: Boulevard de Waterloo, 66 à 1000 Bruxelles
- · Gazette deed 2 directors appointed, 1 director resigningChange of role: Fresh Fund Management, from manager to director · Appointment: LUX ADVISORS (director) · Permanent representatives: GABAY Bernard Vital Patrick and HUIGNARD Lucile Edwige Liliane
Comparable companies
These companies have the same main activity as MARSAC ADVISORS: computer programming (NACE 62100). They are comparable in size and age: total assets between €59,500 and €78,600, founded between 1994 and 2002.
| Company | Total assets | Gross margin |
|---|---|---|
| MARSAC ADVISORS Elsene | €70,344 | -€1,361 |
| KONEKT Sint-Pieters-Woluwe | €78,576 | -€22,989 |
| REDWOOD S.L. Ukkel | €72,970 | -€66,992 |
| SHIFT IT Kontich | €67,653 | -€63,554 |
| XPERT SERVICE Zoersel | €68,235 | -€13,946 |
| DOBEPRO Vilvoorde | €59,469 | -€6,746 |
| WE'LL INVEST Geel | €66,555 | -€4,863 |
Key facts about MARSAC ADVISORS
- What is the company number of MARSAC ADVISORS?
- The company number of MARSAC ADVISORS is 0466.089.651. The VAT number is the same number with BE in front: BE 0466.089.651.
- Where is MARSAC ADVISORS based?
- The registered office is at Louizalaan 363, 1050 Elsene.Company details
- What does MARSAC ADVISORS do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of MARSAC ADVISORS?
- The legal form of MARSAC ADVISORS is Private limited company (BV).
- When was MARSAC ADVISORS founded?
- MARSAC ADVISORS was founded on 19-05-1999.
- Is MARSAC ADVISORS still active?
- Yes, MARSAC ADVISORS is an active enterprise in the KBO register.
- What is the turnover of MARSAC ADVISORS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MARSAC ADVISORS profitable?
- In financial year 2025, MARSAC ADVISORS made a loss of €4,070.
- Where can I find the annual accounts of MARSAC ADVISORS?
- MARSAC ADVISORS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARSAC ADVISORS due?
- MARSAC ADVISORS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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