Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MARSAC ADVISORS from Elsene, company number BE0466089651, closed financial year 2025 with a result of € -4,070 after tax. For that financial year MARSAC ADVISORS recorded a gross margin of € -1,361 and equity of € -24,182. Compared with financial year 2024, the result moved from € -20,845 to € -4,070. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -24,182
▼ € 4,070 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,070
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,547
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,782.
People and assets in 2025
€ 1,336
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,558
▼ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 32,054
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 476
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,906 | € -48,193 | € -17,999 | € -1,361 | ▲ € 16,639 |
| Profit after taxes | € 49,477 | € -70,289 | € -20,845 | € -4,070 | ▲ € 16,776 |
| Equity | € 71,022 | € 733 | € -20,113 | € -24,182 | ▼ € 4,070 |
| Total debts | € 174,570 | € 109,188 | € 105,077 | € 94,526 | ▼ 10% |
| Cash | € 49,981 | € 10,150 | - | € 6,547 | |
| Retained profit | € 31,422 | € -38,867 | € -59,713 | € -63,782 | ▼ € 4,070 |
| Bank debt | € 51 | € 11,232 | € 13,934 | € 11,558 | ▼ 17% |
| Balance sheet total | € 245,592 | € 109,920 | € 84,964 | € 70,344 | ▼ 17% |
Key figures of MARSAC ADVISORS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MARSAC ADVISORS?
What happened at MARSAC ADVISORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,070. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,477 profit in 2022 to € 4,070 loss in 2025.
Paid € 14,756 in corporate taxes since 2022.
Best year ever: 2022, with € 49,477 profit.
Management
Behind MARSAC ADVISORS are Sébastien des Comtes de Blegiers de Pierregrosse, Sylvain Navarro and FRESH FUND MANAGEMENT SRL.
Directors
According to the 2025 annual accounts
Sébastien des Comtes de Blegiers de Pierregrosse
Director
Sylvain Navarro
Director
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 363 box 18
1050 Elsene
Louizalaan 231
1050 Brussel
Active since 24 September 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Institution Royale de Messines-Koninklijk Gesticht van Mesen
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€ 262,253 gross margin · 2025
Cercle des Nouveaux Economistes
Athos
€ 175,194 gross margin · 2025
SYNDICO
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.089.651
- VAT number
- BE 0466.089.651
- Registered office
- Louizalaan 363 bus 18, 1050 Elsene
- Names & denominations
- MARSAC ADVISORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 1999
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Ontwerpen en programmeren van computerprogramma's
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen