MRSRT ASSOCIATES
ActiveThe computed 12-month bankruptcy probability of MRSRT ASSOCIATES is 2.2% (moderate). The 2025 annual accounts show equity of €32k and a net result of €9k. Its solvency ranks better than 59% of 18040 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-16
Solvency70▲+16
Growth52
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.56 in 2024; short-term debt: 30.8% and cash: 32.6% of total assets), but 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 29.9%
2024 · €25k
2024: €25k
2024 → 2025
Total assets
€73k▼ 15.5%
2024 · €86k
2024: €86k
2024 → 2025
Net result
€9k▼ 61.1%
2024 · €23k
2024: €23k
2024 → 2025
Working capital
€30k▲ 36.4%
2024 · €22k
2024: €22k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€25k-€32k▲ 29.9%
Operating result€32k-€12k▼ 63.8%
Net result€23k-€9k▼ 61.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€21k▼ 19.9%
Current assets
€52k▼ 13.6%
Equity and liabilities €73k
Equity
€32k▲ 29.9%
Debt
€40k▼ 34.0%
The debt ratio falls from 71.0% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €35k
Cash flow
€19k▼
2024 · €25k
Solvency
44.6%▲
2024 · 29.0%
Current ratio
2.32▲
2024 · 1.56
Quick ratio
2.12▲
2024 · 1.40
Debt / equity
1.24▼
2024 · 2.45
ROE
27.6%▼
2024 · 92.0%
ROA
12.3%▼
2024 · 26.7%
Interest coverage
8.29▼
2024 · 62.25
Debt
€40k▼
2024 · €61k
Debt ≤ 1 year
€22k▼
2024 · €38k
Debt > 1 year
€18k▼
2024 · €23k
Income taxes
€627▼
2024 · €9k
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€86k€73k▼
Fixed assets21/28€26k€21k▼
Tangible fixed assets22/27€26k€21k▼
Furniture and vehicles24€26k€18k▼
Other tangible fixed assets26-€3k
Current assets29/58€60k€52k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€29k€24k▼
Trade receivables40€18k€24k▲
Other amounts receivable41€12k-
Cash at bank and in hand54/58€24k€24k▼
Deferred charges and accrued income490/1€96-
Equity and liabilities
Total equity and liabilities10/49€86k€73k▼
Equity10/15€25k€32k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€23k€30k▲
Amounts payable17/49€61k€40k▼
Amounts payable after more than one year17€23k€18k▼
Financial debts170/4€23k€18k▼
Amounts payable within one year42/48€38k€22k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€24k€8k▼
Suppliers440/4€24k€8k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€7k▼
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€10k▲
Other operating charges640/8€764€973▲
Gross operating margin9900€36k€23k▼
Operating profit (loss)9901€32k€12k▼
Financial income75/76B€170€529▲
Recurring financial income75€170€529▲
Financial charges65/66B€559€3k▲
Recurring financial charges65€559€3k▲
Profit (loss) for the period before taxes9903€32k€10k▼
Income taxes67/77€9k€627▼
Profit (loss) for the period9904€23k€9k▼
Profit (loss) for the period to be appropriated9905€23k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€30k▲
Profit (loss) brought forward from the previous period14P-€22k
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Court-Saint-Etienne · 1 establishment unit since 2022
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.
Avenue des Combattants 491490 Court-Saint-EtienneGround area
304 m²
Building footprint
57 m²
Parcel 25023H0292/00P004, Wallonia. Linked by address, not a title deed.
1 establishment unit
MRSRT ASSOCIATES
since 20222.338.427.302
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0292/00P004 | Wallonia | 304 m² | 1 · 57 m² | - |
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
Mabrilux
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TIMAS EUROPE
BE 0788.662.359
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WW Group
BE 0546.643.597
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LOCX
BE 0781.440.908
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NIMZU AND MORE
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Of 12,979 companies in sector 47120 we hold annual accounts for 2,186. 1,465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2022
Fiscal year end30-06
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.