MARSUS CONSTRUCTION

Active

Private limited companyfounded 2017active for 9 yearsCoöperatielaan 91, 2660 Antwerpen, BelgiumKBO/BCE: BE 0672.525.843

Summary

MARSUS CONSTRUCTION has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,594 and a net result of €586. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 21% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

MARSUS CONSTRUCTIONActiveChecked score 68/100

Risk analysis Report Compare

Activity

Agents in the wholesale of timber and building materials

NACE 46130Joinery installation NACE 43320

1 site

Size

€927,886total assets 2025

Staff: 1.1 FTE
Equity: €19,594
Profit: €586

Turnover not published (micro format)

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

2025 accounts 25 days early2 of 5 deeds summarised

Why 68raises riskLiquidity: current ratio 14.83, cash €1,243, halvedEquity €19,594 (2.1% of total assets)Sector: Wholesale trade (NACE 46)lowers riskSize: total assets €927,886Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 38% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 27=

equity 2.1% of total assets

Liquidity 50-3

short-term debt 6.5% · cash 0.1%

Profitability 36-1

return on assets 0.1%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,868 companies, NACE 46, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.1%▼ -0.1 percentage points vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%▲ +0.2 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.7%▼ -0.8 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.3 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.2 percentage points vs 06-2026 08-2026: 0.7%▼ -0.7 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity ample (current ratio 14.83, compared with 8.53 in 2024, above the usual 1.5; short-term debt: 6.5% and cash: 0.1% of total assets), but 97.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 18% on solvency, 53% on liquidity, 29% on profitability and 50% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 14.83, cash €1,243, halved

NBB · annual accounts

Size: total assets €927,886

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €19,594 (2.1% of total assets)

NBB · annual accounts

Sector: Wholesale trade (NACE 46)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13626 sector peers (2025).

NBB · sector comparison

Position among 13626 sector peers

Solvency

better than 21%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

25 days early

2024

11 days early

2023

17 days early

2022

13 days early

2021

22 days early

2020

26 days early

2019

13 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-07-2026 Annual accounts filedfinancial year 2025 · micro…
20-07-2025 Annual accounts filedfinancial year 2024 · micro…
30-07-2024 Registered officeRegistered-office move

Key points

Positive: Always filed on timeaccounts within the deadline every year 8 years View
Total assets 20256 financial years filed €927,886 View
Active since 2017founded 08-03-2017 9 years View

By topic

Financials

Financial year: 2025
Total assets: €927,886
Profit: €586
Solvency: 2.1%

Turnover▲ 50.7%

Net result

20202021

Go to Financials

Timeline

Events: 13
Since: 2019
Next accounts: by 31-07-2027

14-07-2024Annual accounts filed
29-01-2024Resignation: SAHAN Imam Hüseyin (director)
18-07-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Agents in the wholesale of timber and building…NACE 46130
Founded: 08-03-2017
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Annual meeting: Last Thursday of May at 18:00
Purpose: “Algemeen bouwbedrijf,in de meest ruime zin,zowel wat betreft ruwbouw als wat betreft de…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about MARSUS CONSTRUCTION

What is the company number of MARSUS CONSTRUCTION?: 0672.525.843. In Belgium the VAT number is the company number with BE in front: BE 0672.525.843.
Where is MARSUS CONSTRUCTION based?: The registered office is at Coöperatielaan 91, 2660 Antwerpen.Company details
What does MARSUS CONSTRUCTION do?: According to the KBO register, the main activity is agents in the wholesale of timber and building materials (NACE 46130).
What is the legal form of MARSUS CONSTRUCTION?: Private limited company (BV).
When was MARSUS CONSTRUCTION founded?: On 08-03-2017.
Is MARSUS CONSTRUCTION still active?: Yes, MARSUS CONSTRUCTION is an active enterprise in the KBO register.
How many employees does MARSUS CONSTRUCTION have?: On average 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MARSUS CONSTRUCTION?: €408,271 in financial year 2021, according to the filed annual accounts.
Is MARSUS CONSTRUCTION profitable?: In financial year 2025, MARSUS CONSTRUCTION made a profit of €586.
Where can I find the annual accounts of MARSUS CONSTRUCTION?: MARSUS CONSTRUCTION filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARSUS CONSTRUCTION due?: By 31-07-2027, for financial year 2026.Timeline