MARSP
The computed 12-month bankruptcy probability of MARSP is 0.1% (very low). The 2025 annual accounts show equity of €371k and a net result of €100k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 144 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €371k |
| Net result | €100k |
| Better than sector | 53% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.3% | 49.4% | |
| Net result | €100k | €32k | |
| Equity | €371k | €68k | |
| Gross operating margin | €201k | €68k | |
| Total assets | €709k | €141k |
Show 10 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €196k |
| Net profit | €100k |
| Cash flow | €171k |
| Staff costs | - |
| Income taxes | €27k |
| Dividends | €100k |
| Total assets | €709k |
| Equity | €371k |
| Debt | €338k |
| of which ≤ 1y | €158k |
| of which > 1y | €178k |
| Working capital | €4k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 1.03 |
| Working capital ratio | 0.6% |
| Solvency | 52.3% |
| Debt / equity | 0.91 |
| Long-term debt ratio | 0.48 |
| Interest coverage | 28.38 |
| Gross margin | - |
| Net margin | - |
| ROA | 14.1% |
| ROE | 27.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €709k |
| Fixed assets | 21/28 | €547k |
| Intangible fixed assets | 21 | €8k |
| Tangible fixed assets | 22/27 | €539k |
| Current assets | 29/58 | €162k |
| Amounts receivable within one year | 40/41 | €50k |
| Investments | 50/53 | €0 |
| Cash & bank | 54/58 | €112k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €709k |
| Equity | 10/15 | €371k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €370k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €338k |
| Amounts payable after one year | 17 | €178k |
| Amounts payable within one year | 42/48 | €158k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €201k |
| Operating result | 9901 | €125k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €127k |
| Income taxes | 67/77 | €27k |
| Net result for the period | 9904 | €100k |
| Result to be appropriated | 9905 | €100k |
| NACE primary | Veterinaire diensten(75000) |
| Legal form | Private limited company(610) |
| Incorporation | 02-09-2020 |
| Status | Active |
| Postal code | 9200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42016A0053/00P000 | Flanders | 1,182 m² | 1 · 183 m² | 7.7 m · 2 fl. |
| 42008A1060/00M000 | Flanders | 325 m² | 1 · 249 m² | 8.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
13-08-2026 Board meeting · Seat change · Filing representative
- Publication: 13/08/2026 · MARSP
- Filing: 11-08-2026 · MARSP
- Board meeting: 11 augustus 2026 · MARSP
- Seat change: to: Wielstraat 55, 9220 Hamme, from: Eegene 38, 9200 Dendermonde, effective_date: 2026-07-13 · MARSP
- Filing representative: lasthebber · Westerlinck Angelique
Technical details
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"quote": "Bijlagen bij het Belgisch Staatsblad - 13/08/2026",
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{
"date": "2026-08-11",
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{
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{
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{
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}21-06-2022 Registered office moved from Hamme to Oudegem
- Bootdijkstraat 35, 9220 Hamme → 9200 Oudegem, Eegene 38
Technical details
{
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"effective_date": "2022-05-04",
"evidence_quote": "De maatschappelijke zetel te 9220 Hamme, Bootdijkstraat 35, wordt overgebracht naar \u00229200 Oudegem, Eegene 38\u0022.",
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],
"notary": {
"name": "Martien Spruytte",
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"office_city": "Gent",
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},
"act_meta": {
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"subject_company": {
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"publication_proxy": {
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},
"co_filed_documents": [
"Bijzondere volmacht aan Melange Advice BV-VOF"
]
}| Legal nameNL | MARSP |