MARCHA
ActiveMARCHA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-9k) and a net result of €-251k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 8092 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-53
Solvency14▼-86
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.19 against 1.3 in 2023; short-term debt: 84% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 →
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
-11.1%
Return on assets
-301.3%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d late
2023
61 d late
2022
28 d late
2021
29 d late
2020
24 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-9k
2023 · €285k
2018: €127k
2019: €164k
2020: €174k
2021: €198k
2022: €262k
2023: €285k
2018 → 2024
Total assets
€83k▼ 77.3%
2023 · €368k
2018: €280k
2019: €311k
2020: €326k
2021: €314k
2022: €350k
2023: €368k
2018 → 2024
Net result
€-251k
2023 · €23k
2018: €35k
2019: €37k
2020: €10k
2021: €24k
2022: €89k
2023: €23k
2018 → 2024
Working capital
€13k▼ 26.6%
2023 · €18k
2018: €146k
2019: €209k
2020: €-55k
2021: €-42k
2022: €-5k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€174k-€198k▲ 13.9%€262k▲ 32.5%€285k▲ 8.7%€-9k
Operating result€24k-€48k▲ 103%€57k▲ 19.7%€43k▼ 25.7%€58k▲ 35.5%
Net result€10k-€24k▲ 140%€89k▲ 267%€23k▼ 74.2%€-251k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 35% above 2023 and is the highest result in the available series.
Key figures and ratios
Solvency
-11.1%▼
2023 · 77.6%
Current ratio
1.19▼
2023 · 1.30
Quick ratio
1.19▼
2023 · 1.30
Debt / equity
-9.99▼
2023 · 0.29
ROA
-301.3%▼
2023 · 6.2%
Debt
€93k▲
2023 · €82k
Debt ≤ 1 year
€70k▲
2023 · €60k
Debt > 1 year
€22k▲
2023 · €22k
Income taxes
€19k▲
2023 · €16k
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€368k€83k▼
Fixed assets21/28€289k€0▼
Financial fixed assets28€289k€0▼
Current assets29/58€78k€83k▲
Amounts receivable after more than one year29€26k€0▼
Other amounts receivable291€26k€0▼
Amounts receivable within one year40/41€28k€70k▲
Trade receivables40-€36k
Other amounts receivable41€28k€34k▲
Cash at bank and in hand54/58€10k€1k▼
Deferred charges and accrued income490/1€14k€13k▼
Equity and liabilities
Total equity and liabilities10/49€368k€83k▼
Equity10/15€285k€-9k▼
Contributions10/11€12k€12k=
Reserves13€273k€185k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€271k€183k▼
Profit (loss) carried forward14€146€-206k▼
Amounts payable17/49€82k€93k▲
Amounts payable after more than one year17€22k€22k▲
Other amounts payable178/9€22k€22k▲
Amounts payable within one year42/48€60k€70k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€11k€16k▲
Suppliers440/4€11k€16k▲
Advances received on contracts in progress46€16k€16k=
Taxes, remuneration and social security45€33k€38k▲
Taxes450/3€31k€36k▲
Remuneration and social security454/9€2k€2k=
Accrued charges and deferred income492/3€393€400▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€44k€59k▲
Operating profit (loss)9901€43k€58k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Non-recurring financial income76B€0-
Financial charges65/66B€5k€293k▲
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B-€289k
Profit (loss) for the period before taxes9903€39k€-233k▼
Income taxes67/77€16k€19k▲
Profit (loss) for the period9904€23k€-251k▼
Profit (loss) for the period to be appropriated9905€23k€-251k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-251k▼
Profit (loss) brought forward from the previous period14P€146€146=
Transfer from equity791/2€0€88k▲
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
Profit to be distributed694/7€0€43k▲
Return on contributions (dividend)694€0€43k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 36 days late
2024
31-12
Financial
Weakest financial yearnet €-251k ▼1198%
Net result drops to €-251k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €89k ▲267%
Net result €89k, the highest in the series.
31-12
Financial
Equity above €200kEq €262k ▲32.5%
5 profitable years in a row build equity to €262k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Equity above €150kEq €164k ▲29.1%
2 profitable years in a row build equity to €164k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Mortsel · 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.
Lodewijk Dosfellei 302640 MortselGround area
290 m²
Building footprint
123 m²
Volume, LiDAR
931 m³
Parcel 11512B0010/00Z007, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MARCHA
since 20082.169.542.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0010/00Z007 | Flanders | 290 m² | 1 · 123 m² | 12.1 m · 3 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 38,396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-03-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.