OPENING OF BANKRUPTCY

MARS-SOLAR

Financial year 2022 · closed on 31/12/2022
Net result
119,1 k €
+69.0% YoY
Gross margin
1,1 M €
+552.9% YoY
Equity
193,6 k €
+159.9% YoY
Workforce
22,0 ETP
+746.2% YoY

Company — Opening of bankruptcy.

What does MARS-SOLAR do?

MARS-SOLAR is a Private limited company incorporated in 2021. Its main activity is: Electrical installation. Its registered office is in Gent. It employs on average 22,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0762.575.101
Incorporation
27/01/2021
Legal form
Private limited company
Registered office
Stapelplein 70 box 2
9000 Gent · FlandreSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2022
Average workforce
22,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20222021
Income statement
Gross margin1,1 M €165,4 k €
EBITDA208,6 k €91,5 k €
Operating result171,5 k €88,1 k €
Net result119,1 k €70,5 k €
Balance sheet
Equity193,6 k €74,5 k €
Total assets4,4 M €433,1 k €
Cash716,5 k €205,9 k €
Debts4,2 M €358,6 k €
Other
Workforce22,0 ETP2,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active

Active mandates

Ali IBRAHIM

Director

Active
Miguel VERSCHAEVE

Director

Active
At this address

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Annual accounts

Full financial information

20222021
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202227/01/2021
Closing of the financial year31/12/202231/12/2021
Length of the financial year12 months12 months
Filing date29/09/202305/12/2022
General meeting15/06/202315/06/2022
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202215/06/202329/09/2023DutchPDF
Abridged model31/12/202115/06/202205/12/2022DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active

Active mandates

Ali IBRAHIM

Director

Active
Miguel VERSCHAEVE

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/12/2023
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office07/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/01/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022119,1 k €
  2. 2021
    Annual accounts 202170,5 k €
  3. 27/01/2021
    IncorporationPrivate limited company