ACTIVE

MARSGARPINE

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Financial year 2025 · closed on 30/06/2025

Net result

-2,9 k €

+39.6% YoY

Gross margin

1,2 k €

+5.5% YoY

Equity

156,2 k €

-1.8% YoY

What does MARSGARPINE do?

MARSGARPINE is a Private limited company incorporated in 1988. Its registered office is in Schilde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.337.987

Incorporation

24/05/1988

Legal form

Private limited company

Registered office

De Kluis 4
2970 Schilde · FlandreSee on map

Contributed capital

192 117,48 €

Latest accounts

30/06/2025

Contacts

1 public detail availableLog in to view

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,2 k €	+5.5%	1,2 k €	-88.9%	10,4 k €	+127%	4,6 k €	+4.0%	4,4 k €	-43.9%	7,8 k €	-72.5%	28,6 k €	+83.5%	15,6 k €	+32.8%	11,7 k €	-74.9%	46,7 k €	+166%	17,5 k €	+89.3%	9,3 k €	-19.1%	11,4 k €	+241%	-8,1 k €	-136%	22,6 k €
EBITDA	1,2 k €	+5.5%	1,2 k €	-88.3%	9,9 k €	+196%	3,3 k €	+6.6%	3,1 k €	-35.6%	4,9 k €	-80.1%	24,4 k €	+87.5%	13 k €	+41.6%	9,2 k €	-77.6%	41 k €	+181%	14,6 k €	+147%	5,9 k €	-12.2%	6,7 k €	+161%	-11 k €	-149%	22,5 k €
Operating result	-2 k €	+54.7%	-4,4 k €	-231%	3,4 k €	+183%	-4 k €	+4.9%	-4,2 k €	-199%	-1,4 k €	-108%	18,9 k €	+154%	7,4 k €	+109%	3,6 k €	-89.4%	33,6 k €	+363%	7,3 k €	+168%	-10,7 k €	+14.9%	-12,6 k €	+62.0%	-33,2 k €	-18232%	183 €
Net result	-2,9 k €	+39.6%	-4,8 k €	-282%	2,7 k €	+166%	-4 k €	+54.7%	-8,9 k €	-531%	2,1 k €	-85.1%	13,9 k €	+136%	5,9 k €	+71.6%	3,4 k €	-89.6%	33 k €	+150%	13,2 k €	+185%	-15,5 k €	+1.1%	-15,7 k €	+55.0%	-34,8 k €	-1707%	-1,9 k €
Balance sheet
Equity	156,2 k €	-1.8%	159,1 k €	-11.1%	179 k €	-4.0%	186,5 k €	-2.1%	190,5 k €	-4.5%	199,5 k €	+1.0%	197,4 k €	+7.6%	183,5 k €	+3.3%	177,6 k €	+2.0%	174,1 k €	+23.4%	141,1 k €	+10.3%	127,9 k €	-10.8%	143,4 k €	-9.9%	159 k €	-18.0%	193,9 k €
Total assets	210,3 k €	-0.6%	211,7 k €	-8.0%	230,2 k €	-6.3%	245,6 k €	-1.3%	248,7 k €	-1.8%	253,3 k €	-1.2%	256,4 k €	+2.7%	249,8 k €	+7.3%	232,7 k €	-1.4%	236 k €	-1.6%	239,9 k €	-7.4%	259,1 k €	-6.5%	277,2 k €	-8.8%	304,1 k €	-7.6%	329,3 k €
Cash	63,3 €	-22.9%	82,1 €	-99.1%	9,1 k €	+43.0%	6,4 k €	+140640%	4,5 €	-99.9%	9 k €	-20.0%	11,2 k €	+1606%	657,9 €	-42.6%	1,1 k €	+12.7%	1 k €	-80.4%	5,2 k €	+24576%	21 €	-99.5%	4,1 k €	+471%	725 €	-96.4%	20,3 k €
Debts	54,1 k €	+3.0%	52,6 k €	+2.8%	51,1 k €	-13.4%	59 k €	+1.6%	58,1 k €	+8.0%	53,9 k €	-8.7%	59 k €	-11.0%	66,3 k €	+20.1%	55,2 k €	-10.8%	61,9 k €	-37.4%	98,9 k €	-24.7%	131,3 k €	-1.9%	133,9 k €	-7.7%	145,1 k €	+7.1%	135,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2022 · 1 active · 2 ended

Active mandates

Marijke Seresia

Director · since 30 septembre 2019

Active

Ended mandates

Marijke Seresia

Director

Ended

Sara Peeters

Director

Ended

At this address

Other companies at this address

Company	CBE no.
MS&GP CONSULTING● Active	0899.690.440
THE ULTIMATE PICTURE● Active	0885.625.935

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2021	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	30/06/2025	30/06/2024	30/06/2022	30/06/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/01/2026	31/01/2025	22/11/2022	23/11/2021	29/01/2021	30/01/2020
General meeting	31/12/2025	15/11/2024	18/11/2022	19/11/2021	20/11/2020	13/09/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	31/12/2025	31/01/2026	Dutch	PDF
Micro model	30/06/2024	15/11/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2022	18/11/2022	22/11/2022	Dutch	PDF
Abridged model	30/06/2021	19/11/2021	23/11/2021	Dutch	PDF
Abridged model	30/06/2020	20/11/2020	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	13/09/2019	30/01/2020	Dutch	PDF
Abridged model	30/06/2018	05/12/2018	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	17/11/2017	12/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	26/01/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	29/01/2016	Dutch	PDF
Abridged model	30/06/2014	30/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	30/12/2013	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	21/12/2012	30/01/2013	Dutch	PDF
Abridged model	30/06/2011	22/12/2011	24/01/2012	Dutch	PDF
Abridged model	30/06/2010	23/12/2010	14/03/2011	Dutch	PDF
Abridged model	30/06/2009	20/11/2009	12/02/2010	Dutch	PDF
Abridged model	30/06/2008	21/11/2008	31/12/2008	Dutch	PDF
Abridged model	30/06/2007	16/11/2007	15/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/06/2022 · 1 active · 2 ended

Active mandates

Marijke Seresia

Director · since 30 septembre 2019

Active

Ended mandates

Marijke Seresia

Director

Ended

Sara Peeters

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2019
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates25/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2003
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2003
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 2025-2,9 k €↑
2024
Annual accounts 2024-4,8 k €↓
2022
Annual accounts 20222,7 k €↑
2019
Annual accounts 2019-4 k €↑
2018
Annual accounts 2018-8,9 k €↓
2017
Annual accounts 20172,1 k €↓
2016
Annual accounts 201613,9 k €↑
2015
Annual accounts 20155,9 k €↑
2014
Annual accounts 20143,4 k €↓
2013
Annual accounts 201333 k €↑
2012
Annual accounts 201213,2 k €↑
2011
Annual accounts 2011-15,5 k €↑
2010
Annual accounts 2010-15,7 k €↑
2009
Annual accounts 2009-34,8 k €↓
2008
Annual accounts 2008-1,9 k €
24/05/1988
IncorporationPrivate 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

MARSGARPINE

Overview

What does MARSGARPINE do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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