Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETS MARCHAL from Namur, company number BE1004590495, closed financial year 2025 with a result of € 5,363 after tax. For that financial year ETS MARCHAL recorded a gross margin of € 7,919 and equity of € -17,139. Compared with financial year 2024, the result moved from € -24,502 to € 5,363. Profitable, and profit is growing. 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 August 20, 2026.
€ -17,139
▲ € 5,363 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,363
▲ still € 24,502 loss in 2024
Profit after tax over the fiscal year.
€ 2,483
▲ 298% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -19,139.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 516
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,445
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,301
▼ 66% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -23,595 | € 7,919 | ▲ € 31,514 |
| Profit after taxes | € -24,502 | € 5,363 | ▲ € 29,865 |
| Equity | € -22,502 | € -17,139 | ▲ € 5,363 |
| Total debts | € 25,614 | € 22,062 | ▼ 14% |
| Cash | € 623 | € 2,483 | ▲ 298% |
| Retained profit | € -24,502 | € -19,139 | ▲ € 5,363 |
| Balance sheet total | € 3,112 | € 4,923 | ▲ 58% |
Key figures of ETS MARCHAL, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ETS MARCHAL?
What happened at ETS MARCHAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,363. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
- Pierre MARCHAL became a director. NBB
In short
From € 24,502 loss in 2024 to € 5,363 profit in 2025.
Best year ever: 2025, with € 5,363 profit.
A new publication or filing at ETS MARCHAL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ETS MARCHAL is Pierre MARCHAL. Pierre MARCHAL is also behind MLvision.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Su l'Tîdge(VD) 165
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1004.590.495
- VAT number
- BE 1004.590.495
- Registered office
- Su l'Tîdge(VD) 165, 5020 Namur
- Names & denominations
- ETS MARCHAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2024
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige detailhandel in voedingsmiddelen, neg
Activiteiten van eetgelegenheden met volledige bediening
Catering van evenementen
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Overige detailhandel, niet in winkels en exclusief markt- en straathandel
Eetgelegenheden met volledige bediening
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.