ACTIVE

MARNICO

Financial year 2025 · Closed on 31/12/2025

Net result39,6 k €+39,7 %over 1 year

Gross margin88 k €+18,2 %over 1 year

Equity555,9 k €+7,7 %over 1 year

Identity

Source · BCE/KBO

MARNICO is a Public limited company incorporated in 1988. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Hasselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.630.760
Incorporation: 21/10/1988
Legal form: Public limited company
Registered office: Kermtstraat 85
3510 Hasselt · FlandreSee on map
Contributed capital: 141 500,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	88 k €	+18.2%	74,4 k €	+40.5%	53 k €	-87.0%	408,7 k €	+2422%	16,2 k €
EBITDA	84,6 k €	+25.0%	67,6 k €	+32.0%	51,2 k €	-87.3%	405 k €	+3077%	12,7 k €
Operating result	53,4 k €	+39.7%	38,3 k €	+24.5%	30,7 k €	-92.4%	401,7 k €	+15444%	2,6 k €
Net result	39,6 k €	+39.7%	28,3 k €	+45.1%	19,5 k €	-93.5%	300,7 k €	+18249%	-1,7 k €
Balance sheet
Equity	555,9 k €	+7.7%	516,3 k €	+5.8%	487,9 k €	+4.2%	468,4 k €	+179%	167,8 k €
Total assets	667 k €	+1.2%	659 k €	+4.5%	630,8 k €	+10.8%	569,5 k €	+234%	170,7 k €
Cash	167,4 k €	+29.7%	129,1 k €	+30.4%	99 k €	-79.8%	491,3 k €	+695%	61,8 k €
Debts	14,1 k €	-67.5%	43,3 k €	-5.2%	45,7 k €	+5340%	839,9 €	-71.2%	2,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
R&L Management0808.139.068Represented by Rob Haesevoets	Directorsince 29/10/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herbert Nickmans	Directorlisted until the 2018 accounts
Ludwig Nickmans	Directorlisted until the 2018 accounts
Paul Nickmans	Directorlisted until the 2018 accounts
Augusta Marchal	Director18/06/2013 → 2015 accounts

Other companies at this address

Kermtstraat 85 3510 Hasselt

Company	CBE no.
ARRES● Active	0442.689.291
R&L Management● Active	0808.139.068

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Micro model	Micro 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	24/06/2026	17/07/2025	22/07/2024	24/07/2023	11/07/2022	16/07/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	21/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/06/2026	24/06/2026	Dutch	PDF
Micro model	31/12/2024	17/06/2025	17/07/2025	Dutch	PDF
Micro model	31/12/2023	18/06/2024	22/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	24/07/2023	Dutch	PDF
Micro model	31/12/2021	21/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	16/07/2021	Dutch	PDF
Micro model	31/12/2019	16/06/2020	27/08/2020	Dutch	PDF
Micro model	31/12/2018	18/06/2019	16/08/2019	Dutch	PDF
Micro model	31/12/2017	19/06/2018	13/07/2018	Dutch	PDF
Micro model	31/12/2016	20/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	20/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	21/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	20/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
R&L Management0808.139.068Represented by Rob Haesevoets	Directorsince 29/10/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Herbert Nickmans	Directorlisted until the 2018 accounts
Ludwig Nickmans	Directorlisted until the 2018 accounts
Paul Nickmans	Directorlisted until the 2018 accounts
Augusta Marchal	Director18/06/2013 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other27/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/11/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/02/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/07/2007
HERBENOEMING RAAD VAN BESTUUR/BENOEMING VOORZITTER
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

R&L Management

Paul Nickmans

Ludwig Nickmans

Herbert Nickmans

Augusta Marchal

MARNICO

Augusta mevrouw MARCHAL

Ludwig de heer NICKMANS

Paul de heer NICKMANS

Herbert de heer NICKMANS

Augusta Archal

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MARNICO

Kermtstraat 85, 3510 Kermt

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kermtstraat 85, 3510 KermtCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00199740
Sterrebos 4, 3512 Stevoort	accounts 2022	Accounts 2022 · 2023-00262868
Kermtstraat 85, 3510 Kermt	accounts 2021	Accounts 2021 · 2022-20175492

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MARNICOCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00199740

Events

2025
Annual accounts 202539,6 k €↑
2024
Annual accounts 202428,3 k €↑
2023
Annual accounts 202319,5 k €↓
2022
Annual accounts 2022300,7 k €↑
2021
Annual accounts 2021-1,7 k €↓
2020
Annual accounts 20206,9 k €↑
2019
Annual accounts 20195,8 k €↓
2018
Annual accounts 20186,8 k €↑
2017
Annual accounts 20174,8 k €↓
2016
Annual accounts 20165,4 k €↑
2015
Annual accounts 20151,1 k €↓
2014
Annual accounts 20144,1 k €↑
2013
Annual accounts 20133,6 k €↓
2012
Annual accounts 20123,9 k €↓
2011
Annual accounts 20115 k €↑
2010
Annual accounts 20101,2 k €↑
2009
Annual accounts 2009-928,4 €↓
2008
Annual accounts 2008572,7 €↓
2007
Annual accounts 20072,6 k €↓
2006
Annual accounts 20063,4 k €
21/10/1988
IncorporationPublic limited company

MARNICO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events