ACTIVE

MARVECO

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Financial year 2025 · closed on 31/12/2025

Net result

413,4 k €

+9.1% YoY

Gross margin

1 M €

+15.1% YoY

Equity

1,4 M €

-5.3% YoY

What does MARVECO do?

MARVECO is a Private limited company incorporated in 1989. Its registered office is in Boechout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.701.909

Incorporation

08/06/1989

Legal form

Private limited company

Registered office

Pietingbaan 81
2531 Boechout · FlandreSee on map

Contributed capital

57 387,35 €

Latest accounts

31/12/2025

Joint committees (5)

145
1450
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1 M €	+15.1%	905,7 k €	+4.0%	870,7 k €	+227%	266 k €	-60.7%	676,8 k €	-11.7%	766,2 k €	+17.4%	652,4 k €	+67.4%	389,7 k €	+10.9%	351,5 k €	-29.8%	500,6 k €	+113%	235,5 k €	-56.7%	544,2 k €	+38.2%	393,9 k €	+74.6%	225,6 k €	-30.1%	322,6 k €	+128%	141,6 k €	-50.6%	286,4 k €	-47.4%	544,6 k €	+33.8%	406,9 k €
EBITDA	762,8 k €	+18.4%	644 k €	+1.7%	633,4 k €	+807%	69,8 k €	-84.9%	460,9 k €	-15.4%	544,5 k €	+21.0%	450,2 k €	+125%	200 k €	+52.5%	131,1 k €	-53.3%	280,5 k €	+948%	26,8 k €	-91.7%	321,5 k €	+71.8%	187,1 k €	+1014%	16,8 k €	-82.4%	95,2 k €	+216%	-82,4 k €	-176%	108,7 k €	-64.7%	308 k €	+72.5%	178,5 k €
Operating result	603 k €	+21.5%	496,3 k €	+12.3%	442,1 k €	+430%	-134 k €	-156%	240,2 k €	-33.5%	361,2 k €	+26.6%	285,3 k €	+1516%	17,7 k €	+27.8%	13,8 k €	-93.2%	202,9 k €	+444%	-59 k €	-126%	226,6 k €	+135%	96,3 k €	+233%	-72,6 k €	-872%	9,4 k €	+105%	-186,7 k €	-1664%	-10,6 k €	-105%	196,2 k €	+211%	63,1 k €
Net result	413,4 k €	+9.1%	378,8 k €	+13.5%	333,6 k €	+341%	-138,6 k €	-176%	181,6 k €	-21.9%	232,4 k €	+31.5%	176,7 k €	+181%	62,8 k €	+340%	14,3 k €	-93.1%	205,7 k €	+398%	-69,1 k €	-132%	213,8 k €	+205%	70,2 k €	+178%	-90,1 k €	-1800%	5,3 k €	+103%	-179,7 k €	-446%	-32,9 k €	-120%	163,5 k €	+186%	57,1 k €
Balance sheet
Equity	1,4 M €	-5.3%	1,5 M €	+15.4%	1,3 M €	+26.1%	1 M €	-11.8%	1,2 M €	+60.3%	733,8 k €	+46.3%	501,4 k €	+54.4%	324,7 k €	+24.0%	261,9 k €	+5.8%	247,7 k €	+491%	41,9 k €	-62.3%	111,1 k €	+208%	-102,8 k €	+40.6%	-172,9 k €	-109%	-82,9 k €	+6.0%	-88,2 k €	-196%	91,5 k €	-26.5%	124,5 k €	+494%	-31,6 k €
Total assets	1,8 M €	+4.1%	1,7 M €	+4.6%	1,6 M €	+4.0%	1,6 M €	-8.7%	1,7 M €	+3.7%	1,7 M €	+10.1%	1,5 M €	+1.0%	1,5 M €	+49.5%	995 k €	+35.7%	733,2 k €	+2.9%	712,4 k €	-5.3%	752,1 k €	+7.0%	702,7 k €	-10.1%	781,5 k €	-5.8%	829,9 k €	-9.6%	918 k €	-19.8%	1,1 M €	-3.7%	1,2 M €	+6.6%	1,1 M €
Cash	763,1 k €	+51.5%	503,8 k €	-19.4%	625,2 k €	+291%	159,8 k €	-58.7%	386,6 k €	+1796%	20,4 k €	-71.4%	71,2 k €	+7.6%	66,1 k €	+255%	18,6 k €	+208%	6,1 k €	-50.6%	12,3 k €	+14.7%	10,7 k €	-78.2%	49 k €	+60.7%	30,5 k €	+1234%	2,3 k €	-2.1%	2,3 k €	-19.8%	2,9 k €	-89.3%	27,3 k €	+123%	12,2 k €
Debts	342,7 k €	+77.1%	193,5 k €	-39.6%	320,6 k €	-39.3%	528,2 k €	-2.1%	539,4 k €	-41.4%	920,6 k €	-8.0%	1 M €	-13.9%	1,2 M €	+58.6%	733 k €	+51.0%	485,5 k €	-27.6%	670,5 k €	+4.6%	641 k €	-20.4%	805,5 k €	-15.6%	953,9 k €	+4.5%	912,8 k €	-9.3%	1 M €	-4.4%	1,1 M €	-1.0%	1,1 M €	-7.2%	1,1 M €
Other
Workforce	–		6,9 ETP	-8.0%	7,5 ETP	+10.3%	6,8 ETP	-9.3%	7,5 ETP	+10.3%	6,8 ETP	-6.8%	7,3 ETP	+7.4%	6,8 ETP	-12.8%	7,8 ETP	-6.0%	8,3 ETP	-1.2%	8,4 ETP	-3.4%	8,7 ETP	+4.8%	8,3 ETP	-5.7%	8,8 ETP	+3.5%	8,5 ETP	+2.4%	8,3 ETP	+10.7%	7,5 ETP	+4.2%	7,2 ETP	-12.2%	8,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Marc Van Santfoort

Director

Active

Ended mandates

Veronica DE RIDDER

Director · since 01 juillet 1989

Ended

Francois VAN SANTFOORT MARC

Director · since 08 juin 1989

Ended

Marc VAN SANTFOORT

Director · since 08 juin 1989

Ended

Marc François Louisa VAN SANTFOORT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Boskat● Active	0721.779.473

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged 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	08/04/2026	03/06/2025	28/05/2024	30/05/2023	08/07/2022	15/06/2021
General meeting	08/04/2026	30/05/2025	24/05/2024	26/05/2023	27/06/2022	11/06/2021
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	08/04/2026	08/04/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	03/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	28/05/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	15/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	01/06/2018	Dutch	PDF
Abridged model	31/12/2016	14/02/2017	09/03/2017	Dutch	PDF
Abridged model	31/12/2015	01/03/2016	24/03/2016	Dutch	PDF
Abridged model	31/12/2014	13/03/2015	24/03/2015	Dutch	PDF
Abridged model	31/12/2013	27/02/2014	03/03/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	06/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 5 ended

Active mandates

Marc Van Santfoort

Director

Active

Ended mandates

Veronica DE RIDDER

Director · since 01 juillet 1989

Ended

Francois VAN SANTFOORT MARC

Director · since 08 juin 1989

Ended

Marc VAN SANTFOORT

Director · since 08 juin 1989

Ended

Marc François Louisa VAN SANTFOORT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/06/2017
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/03/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares10/01/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025413,4 k €↑
2024
Annual accounts 2024378,8 k €↑
2023
Annual accounts 2023333,6 k €↑
2022
Annual accounts 2022-138,6 k €↓
2021
Annual accounts 2021181,6 k €↓
2019
Annual accounts 2019232,4 k €↑
2018
Annual accounts 2018176,7 k €↑
2017
Annual accounts 201762,8 k €↑
2016
Annual accounts 201614,3 k €↓
2015
Annual accounts 2015205,7 k €↑
2014
Annual accounts 2014-69,1 k €↓
2013
Annual accounts 2013213,8 k €↑
2012
Annual accounts 201270,2 k €↑
2011
Annual accounts 2011-90,1 k €↓
2010
Annual accounts 20105,3 k €↑
2009
Annual accounts 2009-179,7 k €↓
2008
Annual accounts 2008-32,9 k €↓
2007
Annual accounts 2007163,5 k €↑
2006
Annual accounts 200657,1 k €
08/06/1989
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

MARVECO

Overview

What does MARVECO do?

Trend over 19 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