MarketAir
ActiveMarketAir has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €-7k. Equity is shrinking by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 1410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▲+17
Solvency31▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.2 against 0.28 in 2023; short-term debt: 80% and cash: 0.8% of total assets), and 94.3% 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.
−lowers risk+raises risk○neutral
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
5.7%
Return on assets
-3.6%
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-7k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1410 sector peers (2024).
NBB · sector comparisonPosition among 1410 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
13 d early
2022
14 d early
2021
11 d early
2020
5 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€11k▼ 38.8%
2023 · €19k
2018: €169k
2019: €172k
2020: €76k
2021: €56k
2022: €42k
2023: €19k
2018 → 2024
Total assets
€200k▼ 4.8%
2023 · €210k
2018: €360k
2019: €348k
2020: €241k
2021: €242k
2022: €222k
2023: €210k
2018 → 2024
Net result
€-7k▲ 68.9%
2023 · €-23k
2018: €-28k
2019: €3k
2020: €-96k
2021: €-20k
2022: €-15k
2023: €-23k
2018 → 2024
Working capital
€-128k▼ 40.3%
2023 · €-91k
2018: €23k
2019: €26k
2020: €-23k
2021: €-64k
2022: €-78k
2023: €-91k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€76k-€56k▼ 26.2%€42k▼ 26.0%€19k▼ 55.5%€11k▼ 38.8%
Operating result€-13k-€-17k▼ 31.5%€-10k▲ 39.5%€-22k▼ 108%€-6k▲ 74.2%
Net result€-96k-€-20k▲ 79.3%€-15k▲ 26.8%€-23k▼ 58.2%€-7k▲ 68.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €22k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€168k▼ 4.1%
Current assets
€33k▼ 7.9%
Equity and liabilities €200k
Equity
€11k▼ 38.8%
Debt
€189k▼ 1.5%
The debt ratio rises from 91.2% to 94.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2023 · €-14k
Cash flow
€56▲
2023 · €-16k
Solvency
5.7%▼
2023 · 8.8%
Current ratio
0.20▼
2023 · 0.28
Quick ratio
0.20▼
2023 · 0.28
Debt / equity
16.68▲
2023 · 10.36
ROE
-63.4%▲
2023 · -124.6%
ROA
-3.6%▲
2023 · -11.0%
Interest coverage
0.90▲
2023 · -7.27
Debt
€189k▼
2023 · €192k
Debt ≤ 1 year
€160k▲
2023 · €127k
Debt > 1 year
€25k▼
2023 · €61k
Income taxes
€0▼
2023 · €130
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€210k€200k▼
Fixed assets21/28€175k€168k▼
Tangible fixed assets22/27€154k€146k▼
Land and buildings22€152k€146k▼
Furniture and vehicles24€269€0▼
Other tangible fixed assets26€1k€574▼
Financial fixed assets28€21k€21k=
Current assets29/58€36k€33k▼
Amounts receivable within one year40/41€32k€31k▼
Trade receivables40€8k€7k▼
Other amounts receivable41€25k€25k=
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€210k€200k▼
Equity10/15€19k€11k▼
Contributions10/11€12k€12k=
Revaluation surpluses12€588€588=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€4k€-4k▼
Amounts payable17/49€192k€189k▼
Amounts payable after more than one year17€61k€25k▼
Financial debts170/4€61k€25k▼
Amounts payable within one year42/48€127k€160k▲
Current portion of amounts payable after more than one year42€11k€6k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€109k€151k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€-9k€4k▲
Operating profit (loss)9901€-22k€-6k▲
Financial income75/76B€495€250▼
Recurring financial income75€495€250▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-23k€-7k▲
Income taxes67/77€130€0▼
Profit (loss) for the period9904€-23k€-7k▲
Profit (loss) for the period to be appropriated9905€-23k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-4k▼
Profit (loss) brought forward from the previous period14P€27k€4k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-96k ▼3255%
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
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
3 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, Leuven · 1 establishment unit since 2005
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.
Eénmeilaan 463010 LeuvenGround area
120 m²
Building footprint
96 m²
Volume, LiDAR
903 m³
Parcel 24482F0048/00Y028, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MarketAir
since 20052.148.851.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0048/00Y028 | Flanders | 120 m² | 1 · 96 m² | 11.5 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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25th Group
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-08-2005
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.