Bankrupt · Opening faillissement (CBE)

MARS-SOLAR

BE0762575101

Rechtspersoon Private limited company 1 establishment

MARS-SOLAR is an electrical contractor in Gent. Private Limited, started on 27 January 2021, 1 establishment.

Stapelplein 70 box 2, 9000 Gent

Behind the company: Ali IBRAHIM, Miguel VERSCHAEVE.

Start date

27 January 2021

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    27 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MARS-SOLAR from Gent, company number BE0762575101, closed financial year 2022 with a result of € 119,130 after tax. For that financial year MARS-SOLAR recorded a gross margin of € 1.1 million and equity of € 193,612. Compared with financial year 2021, the result moved from € 70,482 to € 119,130. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2023.

What it is worth Growing

€ 193,612

▲ 160% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 119,130

▲ 69% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 716,492

▲ 248% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 189,612.

People and assets in 2022

Full-time equivalents

22

▲ 19.4 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 859,871

▲ € 786,900 vs 2021

€ 39,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 280,820

▲ € 241,567 vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go

€ 467,854

▲ 156% vs 2021

€ 46,588 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.1 million

▲ € 1.1 million vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 106,456

▲ 181% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 165,392 € 1,079,783 ▲ € 914,390
Profit after taxes € 70,482 € 119,130 ▲ 69%
Equity € 74,482 € 193,612 ▲ 160%
Total debts € 358,593 € 4,170,342 ▲ € 3.8 million
Cash € 205,903 € 716,492 ▲ 248%
Retained profit € 70,482 € 189,612 ▲ 169%
Bank debt € 182,407 € 467,854 ▲ 156%
Balance sheet total € 433,074 € 4,363,954 ▲ € 3.9 million
Employees (FTE) 2.6 22 ▲ 19.4

Key figures of MARS-SOLAR, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to MARS-SOLAR?

What happened at MARS-SOLAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MARS-SOLAR is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 119,130 (▲ 69% vs 2021). filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 70,482 profit in 2021 to € 119,130 profit in 2022.

Paid € 60,742 in corporate taxes since 2021.

Best year ever: 2022, with € 119,130 profit.

On average € 49,100 of value added per employee in 2022.

Management

Ali IBRAHIM Miguel VERSCHAEVE

Behind MARS-SOLAR are Ali IBRAHIM and Miguel VERSCHAEVE. Ali IBRAHIM is also behind A.I. Company. Miguel VERSCHAEVE is also behind MAV Company.

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Directors

According to the 2022 annual accounts

Ali IBRAHIM

Director

Also active at: A.I. Company

Miguel VERSCHAEVE

Director

Also active at: MAV Company

Establishments

Establishment units

Physical locations of this company

Registered office

Stapelplein 70 box 2

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0762.575.101
VAT number
BE 0762.575.101
Registered office
Stapelplein 70 bus 2, 9000 Gent
Names & denominations
MARS-SOLAR
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
27 January 2021
Peppol
Not registered
Activities · NACE

Algemene elektrotechnische installatiewerken

Frequently asked questions

What does MARS-SOLAR do?
MARS-SOLAR is an electrical contractor in Gent. Private Limited, started on 27 January 2021, 1 establishment.
What is the address of MARS-SOLAR?
The registered office of MARS-SOLAR is located at Stapelplein 70 box 2, 9000 Gent.
Is MARS-SOLAR still active?
No. The CBE lists MARS-SOLAR with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MARS-SOLAR registered on Peppol?
No, MARS-SOLAR is currently not registered on the Peppol network.
What is the enterprise number of MARS-SOLAR?
The enterprise number of MARS-SOLAR is BE0762575101.
When was MARS-SOLAR founded?
MARS-SOLAR was founded on 27 January 2021.