MARSIMAT
ActiveThe computed 12-month bankruptcy probability of MARSIMAT is 4.1% (elevated). The 2024 annual accounts show negative equity (€-119k) and a net result of €-40k. Equity is shrinking by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-9
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.67 in 2023; short-term debt: 187.6% and cash: 19.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
-94.3%
Return on assets
-31.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-119k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
23 d late
2023
27 d late
2022
61 d late
2021
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-119k▼ 50.9%
2023 · €-79k
2021: €12k
2022: €-63k
2023: €-79k
2021 → 2024
Total assets
€126k▼ 29.4%
2023 · €179k
2021: €211k
2022: €196k
2023: €179k
2021 → 2024
Net result
€-40k▼ 143%
2023 · €-17k
2021: €6k
2022: €-75k
2023: €-17k
2021 → 2024
Working capital
€-119k▼ 47.5%
2023 · €-81k
2021: €-16k
2022: €-68k
2023: €-81k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€-63k€-79k▼ 26.5%€-119k▼ 50.9%
Operating result€22k-€-71k€-8k▲ 88.2%€-30k▼ 259%
Net result€6k-€-75k€-17k▲ 77.9%€-40k▼ 143%
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 €30k in 2024 against €8k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126k
Fixed assets
€9k▼ 40.3%
Current assets
€118k▼ 28.4%
Key figures and ratios
EBITDA
€-23k▼
2023 · €2k
Cash flow
€-33k▼
2023 · €-7k
Solvency
-94.3%▼
2023 · -44.2%
Current ratio
0.50▼
2023 · 0.67
Quick ratio
0.36▼
2023 · 0.53
Debt / equity
-2.06▲
2023 · -3.26
ROA
-31.8%▼
2023 · -9.2%
Interest coverage
-2.09▼
2023 · 0.17
Debt
€246k▼
2023 · €258k
Debt ≤ 1 year
€237k▼
2023 · €246k
Debt > 1 year
€9k▼
2023 · €13k
Income taxes
€448▼
2023 · €462
Staff costs
€79k▲
2023 · €73k
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€179k€126k▼
Fixed assets21/28€14k€9k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€4k€4k▼
Furniture and vehicles24€4k€4k▼
Current assets29/58€165k€118k▼
Stocks and contracts in progress3€35k€32k▼
Stocks30/36€35k€32k▼
Amounts receivable within one year40/41€102k€57k▼
Trade receivables40€82k€44k▼
Other amounts receivable41€19k€13k▼
Cash at bank and in hand54/58€23k€24k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€179k€126k▼
Equity10/15€-79k€-119k▼
Contributions10/11€6k€6k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-92k€-132k▼
Amounts payable17/49€258k€246k▼
Amounts payable after more than one year17€13k€9k▼
Financial debts170/4€13k€9k▼
Amounts payable within one year42/48€246k€237k▼
Current portion of amounts payable after more than one year42€5k€4k▼
Financial debts43€127k€127k▲
Credit institutions430/8€127k€127k▲
Trade debts44€52k€70k▲
Suppliers440/4€52k€70k▲
Taxes, remuneration and social security45€61k€25k▼
Taxes450/3€48k€10k▼
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48-€10k
Income statement
Code20232024
Remuneration, social security and pensions62€73k€79k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€3k€8k▲
Gross operating margin9900€78k€65k▼
Operating profit (loss)9901€-8k€-30k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€-16k€-40k▼
Income taxes67/77€462€448▼
Profit (loss) for the period9904€-17k€-40k▼
Profit (loss) for the period to be appropriated9905€-17k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-132k▼
Profit (loss) brought forward from the previous period14P€-75k€-92k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €-75k ▼1263%
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 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, Le Roeulx · 1 establishment unit since 2021
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.
Rue des Combattants(M) 447070 Le RoeulxGround area
1,715 m²
Building footprint
635 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin de l'Ile du Diable 13, 7060 Soignies
since 20212.315.164.128
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55040A0742/00A000 | Wallonia | 1,261 m² | 1 · 509 m² | - |
| 55027A0434/00R000 | Wallonia | 454 m² | 1 · 126 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 460 companies in sector 47712 we hold annual accounts for 269. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2021
Fiscal year end31-12
Activities, NACEBEL
47712Retail trade
47713Retail trade
47714Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:marie@marsimat.be
Phone:0471/351418