ACTIVE

MARKAR

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Financial year 2025 · closed on 31/12/2025

Net result

104,7 k €

+5.6% YoY

Gross margin

601,2 k €

+3.4% YoY

Equity

295 k €

+55.0% YoY

What does MARKAR do?

MARKAR is a Public limited company incorporated in 1986. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Torhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.528.875

Incorporation

13/02/1986

Legal form

Public limited company

Registered office

Noordlaan 21
8820 Torhout · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 55302Camping grounds, recreational vehicle parks and trailer parks 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 55302Camping grounds, recreational vehicle parks and trailer parks 55401Accommodation+4

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	601,2 k €	+3.4%	581,4 k €	+23.9%	469 k €	+6.1%	442,1 k €	+104%	216,6 k €	+29.7%	167 k €	-39.3%	275,1 k €	-13.5%	318 k €	-20.4%	399,4 k €	+18.4%	337,3 k €	+5.7%	319,3 k €	+8.7%	293,8 k €	+9.4%	268,6 k €	+7.8%	249,1 k €	+1.3%	246,1 k €	+7.5%	228,8 k €	+18.1%	193,8 k €	-1.9%	197,6 k €	-2.1%	201,9 k €	+4.0%	194,1 k €
EBITDA	223,1 k €	+5.8%	210,9 k €	+97.1%	107 k €	-15.7%	126,9 k €	+93.1%	65,7 k €	+40.9%	46,7 k €	+192%	16 k €	-75.5%	65,3 k €	-31.6%	95,5 k €	+512%	15,6 k €	-75.2%	63 k €	-9.3%	69,5 k €	+14.6%	60,6 k €	+9.6%	55,3 k €	+36.7%	40,5 k €	-32.0%	59,5 k €	+118%	27,3 k €	-36.3%	42,9 k €	-27.9%	59,5 k €	+25.8%	47,3 k €
Operating result	164 k €	+5.5%	155,4 k €	+617%	-30,1 k €	-130%	99,1 k €	+200%	33,1 k €	+294%	8,4 k €	+133%	-25,8 k €	-198%	26,4 k €	-40.6%	44,4 k €	+236%	-32,6 k €	-212%	29,2 k €	-13.1%	33,6 k €	+0.3%	33,5 k €	+185%	11,8 k €	+10.4%	10,6 k €	-65.2%	30,6 k €	+396%	-10,3 k €	+41.0%	-17,5 k €	-4421%	405,3 €	+107%	-5,6 k €
Net result	104,7 k €	+5.6%	99,1 k €	+308%	-47,7 k €	-165%	73,4 k €	+143%	30,2 k €	+29.7%	23,3 k €	+155%	-42 k €	-1345%	3,4 k €	-80.6%	17,4 k €	+134%	-50,9 k €	-847%	6,8 k €	-56.1%	15,5 k €	-30.0%	22,2 k €	+227%	6,8 k €	-68.4%	21,5 k €	-5.5%	22,7 k €	+195%	-23,8 k €	-24.3%	-19,1 k €	-559%	4,2 k €	+136%	-11,5 k €
Balance sheet
Equity	295 k €	+55.0%	190,4 k €	+75.2%	108,7 k €	-30.5%	156,4 k €	+88.4%	83 k €	-19.8%	103,6 k €	+8.2%	95,7 k €	-30.5%	137,6 k €	+2.5%	134,3 k €	+14.9%	116,9 k €	-30.3%	167,8 k €	+4.2%	161 k €	+10.7%	145,5 k €	+18.0%	123,3 k €	+5.8%	116,5 k €	+22.6%	95,1 k €	+31.4%	72,4 k €	-24.7%	96,2 k €	-16.6%	115,3 k €	-9.3%	127,2 k €
Total assets	1,1 M €	+6.5%	1 M €	+8.5%	925 k €	+185%	324,7 k €	-19.0%	400,9 k €	+27.5%	314,5 k €	-13.7%	364,6 k €	-8.1%	396,7 k €	-4.4%	414,8 k €	-6.1%	442 k €	+18.4%	373,3 k €	-6.8%	400,6 k €	+23.0%	325,6 k €	+7.9%	301,8 k €	+42.2%	212,2 k €	+5.8%	200,5 k €	+7.0%	187,4 k €	-21.4%	238,5 k €	+0.4%	237,4 k €	-2.6%	243,8 k €
Cash	202,5 k €	+9.9%	184,3 k €	+132%	79,3 k €	-55.1%	176,7 k €	+99.3%	88,6 k €	+101%	44,1 k €	+67.0%	26,4 k €	-19.1%	32,6 k €	-37.6%	52,3 k €	+3497%	1,5 k €	-93.1%	21,2 k €	-50.2%	42,5 k €	+0.5%	42,3 k €	+98.7%	21,3 k €	+18.4%	18 k €	+41.5%	12,7 k €	-12.1%	14,5 k €	-2.6%	14,8 k €	+71.4%	8,7 k €	-59.7%	21,5 k €
Debts	756,9 k €	-5.6%	801,5 k €	-0.8%	808,1 k €	+408%	159 k €	-49.1%	312,4 k €	+48.1%	211 k €	-20.8%	266,4 k €	+5.8%	251,8 k €	-10.2%	280,4 k €	-13.8%	325,1 k €	+58.2%	205,6 k €	-14.2%	239,6 k €	+33.0%	180,2 k €	+1.8%	177 k €	+85.0%	95,7 k €	-9.3%	105,5 k €	-8.3%	115 k €	-18.5%	141,1 k €	+24.3%	113,5 k €	-2.5%	116,4 k €
Other
Workforce	–		–		9,7 ETP	+61.7%	6,0 ETP	0.0%	6,0 ETP	-1.6%	6,1 ETP	-35.8%	9,5 ETP	+13.1%	8,4 ETP	-3.4%	8,7 ETP	+1.2%	8,6 ETP	-8.5%	9,4 ETP	+9.3%	8,6 ETP	+6.2%	8,1 ETP	+30.6%	6,2 ETP	-29.5%	8,8 ETP	-1.1%	8,9 ETP	+3.5%	8,6 ETP	+11.7%	7,7 ETP	+30.5%	5,9 ETP	0.0%	5,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Marc Desplenter

Managing director · since 02 juin 2016 · until 02 juin 2022

Active

Yoni Desplenter

Director · since 02 juin 2016 · until 02 juin 2022

Active

Ended mandates

Yoni Desplenter

Director · since 31 décembre 2014 · until 04 juin 2016

Ended

Georges Desplenter

Director · since 03 juin 2010 · until 03 juin 2016

Ended

Magda Pollet

Director · since 03 juin 2010 · until 03 juin 2016

Ended

Marc Desplenter

Managing director · since 03 juin 2010 · until 03 juin 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	12/06/2025	10/06/2024	02/06/2023	07/06/2022	30/06/2021
General meeting	04/06/2026	05/06/2025	04/06/2024	01/06/2023	02/06/2022	03/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	12/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	10/06/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	02/06/2023	Dutch	PDF
Abridged model	31/12/2021	02/06/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	18/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	18/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	18/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	07/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	01/08/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 2 active · 7 ended

Active mandates

Marc Desplenter

Managing director · since 02 juin 2016 · until 02 juin 2022

Active

Yoni Desplenter

Director · since 02 juin 2016 · until 02 juin 2022

Active

Ended mandates

Yoni Desplenter

Director · since 31 décembre 2014 · until 04 juin 2016

Ended

Georges Desplenter

Director · since 03 juin 2010 · until 03 juin 2016

Ended

Magda Pollet

Director · since 03 juin 2010 · until 03 juin 2016

Ended

Marc Desplenter

Managing director · since 03 juin 2010 · until 03 juin 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other04/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates30/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025104,7 k €↑
2024
Annual accounts 202499,1 k €↑
2023
Annual accounts 2023-47,7 k €↓
2022
Annual accounts 202273,4 k €↑
2021
Annual accounts 202130,2 k €↑
2020
Annual accounts 202023,3 k €↑
2019
Annual accounts 2019-42 k €↓
2018
Annual accounts 20183,4 k €↓
2017
Annual accounts 201717,4 k €↑
2016
Annual accounts 2016-50,9 k €↓
2015
Annual accounts 20156,8 k €↓
2014
Annual accounts 201415,5 k €↓
2013
Annual accounts 201322,2 k €↑
2012
Annual accounts 20126,8 k €↓
2011
Annual accounts 201121,5 k €↓
2010
Annual accounts 201022,7 k €↑
2009
Annual accounts 2009-23,8 k €↓
2008
Annual accounts 2008-19,1 k €↓
2007
Annual accounts 20074,2 k €↑
2006
Annual accounts 2006-11,5 k €
13/02/1986
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MARKAR

Overview

What does MARKAR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline