MARHILL
0441.086.714 · rovalta.com · 23/09/2026
ACTIVE
MARHILL
Financial year 2025 · closed on 31/12/2025
Net result
876,5 k €
+64.7% YoY
Gross margin
2 M €
+35.0% YoY
Equity
2,4 M €
+18.2% YoY
Workforce
5,4 ETP
+8.0% YoY
Overview
What does MARHILL do?
MARHILL is a Private limited company incorporated in 1990. Its main activity is: Wholesale of other intermediate products. Its registered office is in Gent. It employs on average 5,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.086.714
Incorporation
23/07/1990
Legal form
Private limited company
Registered office
Frederik Burvenichstraat 158 B
9050 Gent · FlandreSee on map
9050 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
5,4 ETP
Activities (NACE)
Joint committees (2)
- 12003
- 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 2 M € | +35.0% | 1,5 M € | +40.9% | 1 M € | -28.7% | 1,4 M € | +166% | 542,2 k € | +32.5% | 409,3 k € | +0.9% | 405,5 k € | -49.2% | 798,2 k € | +88.6% | 423,3 k € | +47.1% | 287,7 k € | -30.0% | 411,2 k € | -33.4% | 617,2 k € | +42.8% | 432,1 k € | +47.4% | 293,2 k € | -48.9% | 574 k € | -5.8% | 609,5 k € | +8.2% | 563,4 k € | +695% | 70,9 k € | -67.0% | 214,6 k € |
| EBITDA | 1,3 M € | +58.2% | 818,5 k € | +71.3% | 477,8 k € | -53.4% | 1 M € | +880% | 104,7 k € | +0.0% | 104,6 k € | +36.4% | 76,7 k € | -85.8% | 541,9 k € | +226% | 166,4 k € | +875% | 17,1 k € | -87.7% | 138,5 k € | -63.3% | 377,6 k € | +77.5% | 212,7 k € | +170% | 78,7 k € | -78.0% | 357,1 k € | -7.4% | 385,7 k € | +3.1% | 374 k € | +630% | -70,6 k € | -174% | 95,8 k € |
| Operating result | 1,2 M € | +62.4% | 745,7 k € | +79.7% | 414,9 k € | -57.0% | 965,2 k € | +2341% | 39,5 k € | -34.2% | 60,1 k € | +123% | 26,9 k € | -94.6% | 497,1 k € | +300% | 124,3 k € | +646% | 16,7 k € | -84.1% | 105,1 k € | -68.5% | 333,7 k € | +86.5% | 179 k € | +364% | 38,5 k € | -87.5% | 308,8 k € | -5.7% | 327,3 k € | +2.3% | 320 k € | +362% | -122,2 k € | -329% | 53,3 k € |
| Net result | 876,5 k € | +64.7% | 532,1 k € | +73.4% | 306,9 k € | -58.9% | 747,1 k € | +1337% | 52 k € | -32.6% | 77,1 k € | +94.0% | 39,7 k € | -88.1% | 334,2 k € | +225% | 102,7 k € | +82.5% | 56,3 k € | -56.2% | 128,3 k € | -51.9% | 266,8 k € | +64.5% | 162,2 k € | +231% | 48,9 k € | -82.8% | 285 k € | -30.4% | 409,5 k € | +11.5% | 367,3 k € | +1036% | -39,3 k € | -125% | 159,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2,4 M € | +18.2% | 2,1 M € | +34.5% | 1,5 M € | -58.7% | 3,7 M € | -25.1% | 5 M € | +1.1% | 4,9 M € | +1.6% | 4,9 M € | +0.8% | 4,8 M € | +5.6% | 4,6 M € | +2.3% | 4,5 M € | +1.3% | 4,4 M € | -7.8% | 4,8 M € | +5.9% | 4,5 M € | +3.7% | 4,3 M € | +1.1% | 4,3 M € | +0.8% | 4,3 M € | +3.9% | 4,1 M € | +2.9% | 4 M € | -6.8% | 4,3 M € |
| Total assets | 5,6 M € | +11.6% | 5 M € | +0.6% | 5 M € | -32.2% | 7,3 M € | +2.5% | 7,2 M € | +28.8% | 5,6 M € | -8.4% | 6,1 M € | +4.6% | 5,8 M € | +16.8% | 5 M € | -0.3% | 5 M € | -22.5% | 6,4 M € | +20.0% | 5,4 M € | +8.8% | 4,9 M € | -1.2% | 5 M € | +6.9% | 4,7 M € | -1.2% | 4,7 M € | +5.4% | 4,5 M € | +3.8% | 4,3 M € | -0.9% | 4,4 M € |
| Cash | 481,2 k € | +1570% | 28,8 k € | -93.4% | 439,6 k € | -15.1% | 518 k € | +147% | 210,1 k € | -68.0% | 656,7 k € | -35.8% | 1 M € | -35.9% | 1,6 M € | +89.3% | 843,6 k € | +50.9% | 559 k € | -55.3% | 1,2 M € | +204% | 410,6 k € | -36.8% | 649,6 k € | -31.2% | 943,6 k € | +11.9% | 843,1 k € | -59.6% | 2,1 M € | +5.5% | 2 M € | +57.7% | 1,3 M € | +7.5% | 1,2 M € |
| Debts | 3,1 M € | +7.0% | 2,9 M € | -14.7% | 3,4 M € | -4.7% | 3,6 M € | +65.9% | 2,2 M € | +247% | 626,1 k € | -48.3% | 1,2 M € | +23.2% | 982,2 k € | +143% | 403,6 k € | -22.7% | 521,9 k € | -74.2% | 2 M € | +247% | 583,2 k € | +40.5% | 415,1 k € | -35.0% | 638,6 k € | +75.6% | 363,7 k € | -20.1% | 455 k € | +21.7% | 374 k € | +13.9% | 328,5 k € | +312% | 79,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 5,4 ETP | +8.0% | 5,0 ETP | 0.0% | 5,0 ETP | -13.8% | 5,8 ETP | -3.3% | 6,0 ETP | +15.4% | 5,2 ETP | -1.9% | 5,3 ETP | +15.2% | 4,6 ETP | +9.5% | 4,2 ETP | -10.6% | 4,7 ETP | -2.1% | 4,8 ETP | 0.0% | 4,8 ETP | +26.3% | 3,8 ETP | 0.0% | 3,8 ETP | -2.6% | 3,9 ETP | -9.3% | 4,3 ETP | -8.5% | 4,7 ETP | +38.2% | 3,4 ETP | +21.4% | 2,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 3 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged 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 | 24/07/2026 | 22/07/2025 | 22/08/2024 | 21/08/2023 | 22/08/2022 | 17/09/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 08/06/2023 | 10/06/2022 | 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 26/06/2026 | 24/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 27/06/2025 | 22/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 22/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 08/06/2023 | 21/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 10/06/2022 | 22/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/06/2021 | 17/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/07/2020 | 30/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/05/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 01/06/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 02/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/05/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 05/06/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 06/06/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 24/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 24/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/08/2009 | 21/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 27/06/2008 | 22/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 20/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 3 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Capital / shares10/01/2018KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates05/01/2005ONTSLAGEN - BENOEMINGEN
- Mandates02/04/2004ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025876,5 k €↑
- 2024Annual accounts 2024532,1 k €↑
- 2023Annual accounts 2023306,9 k €↓
- 2022Annual accounts 2022747,1 k €↑
- 2021Annual accounts 202152 k €↓
- 2020Annual accounts 202077,1 k €↑
- 2019Annual accounts 201939,7 k €↓
- 2018Annual accounts 2018334,2 k €↑
- 2017Annual accounts 2017102,7 k €↑
- 2016Annual accounts 201656,3 k €↓
- 2015Annual accounts 2015128,3 k €↓
- 2014Annual accounts 2014266,8 k €↑
- 2013Annual accounts 2013162,2 k €↑
- 2012Annual accounts 201248,9 k €↓
- 2011Annual accounts 2011285 k €↓
- 2010Annual accounts 2010409,5 k €↑
- 2009Annual accounts 2009367,3 k €↑
- 2008Annual accounts 2008-39,3 k €↓
- 2007Annual accounts 2007159,1 k €
- 23/07/1990IncorporationPrivate limited company