ACTIVE

MARAL

Financial year 2025 · closed on 31/12/2025
Net result
-138,3 k €
-1447.8% YoY
Gross margin
3,7 k €
+215.3% YoY
Equity
241,3 k €
-36.4% YoY

What does MARAL do?

MARAL is a Public limited company incorporated in 1992. Its registered office is in Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.274.612
Incorporation
18/09/1992
Legal form
Public limited company
Registered office
Rubensstraat 104
2300 Turnhout · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120092008
Income statement
Gross margin3,7 k €-3,2 k €-8,3 k €-14,2 k €-18,1 k €2 k €22,1 k €-4,4 k €10,3 k €-20,6 k €32,9 k €213,6 k €51,7 k €2,2 k €74,2 k €37,9 k €35,9 k €
EBITDA-145,2 k €-4,1 k €-8,9 k €-28,6 k €-18,6 k €423 €21,4 k €-5,2 k €8,8 k €-21,2 k €32 k €212 k €47,6 k €1,5 k €73,1 k €36,5 k €-261,9 k €
Operating result-145,2 k €-4,1 k €-8,9 k €-28,6 k €-18,6 k €423 €19,4 k €-5,2 k €6,8 k €-35,2 k €30 k €210 k €45,9 k €-405,2 €71,2 k €35,5 k €-261,9 k €
Net result-138,3 k €10,3 k €4,3 k €-34,8 k €-9,9 k €9,4 k €12,9 k €-591,3 €19,2 k €-22,4 k €39,8 k €215 k €-299,3 k €-332,4 k €124,2 k €24,4 k €-1,1 M €
Balance sheet
Equity241,3 k €379,6 k €369,3 k €365 k €399,8 k €409,7 k €400,3 k €387,5 k €388,1 k €368,9 k €391,3 k €351,5 k €136,4 k €435,7 k €768,1 k €-17,6 k €-42 k €
Total assets408,2 k €546 k €535 k €525,7 k €636,4 k €678,6 k €571,2 k €390,6 k €388,9 k €370,9 k €487,7 k €498,4 k €269 k €549,5 k €788,3 k €137,6 k €90,7 k €
Cash121,1 €134,9 €215,4 €1,4 k €1,4 k €20 k €7,9 k €202,9 €306,9 €146,4 €219,9 €20,3 k €233,1 €9,7 k €231,1 €212,6 €44,4 k €
Debts166,8 k €166,3 k €165,6 k €160,7 k €236,6 k €268,9 k €170,9 k €3,2 k €796,2 €2 k €96,4 k €146,9 k €132,6 k €113,8 k €20,2 k €136,6 k €132,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Adriana Leijten

Director

Active
Jacob Marijnen

Director

Active

Ended mandates

Adraina Leijten

Managing director · since 22 mai 2020 · until 01 juin 2026

Ended
Jacob Marijnen

Managing director · since 22 mai 2020 · until 01 juin 2026

Ended
Adraina Leijten

Managing director · since 21 février 2017 · until 21 février 2023

Ended
Jacob Marijnen

Managing director · since 21 février 2017 · until 21 février 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202630/09/202530/09/202428/09/202314/10/202210/11/2021
General meeting24/07/202602/06/202503/06/202431/07/202313/10/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202524/07/202627/07/2026DutchPDF
Abridged model31/12/202402/06/202530/09/2025DutchPDF
Abridged model31/12/202303/06/202430/09/2024DutchPDF
Abridged model31/12/202231/07/202328/09/2023DutchPDF
Abridged model31/12/202113/10/202214/10/2022DutchPDF
Abridged model31/12/202007/06/202110/11/2021DutchPDF
Abridged model31/12/201901/06/202029/10/2020DutchPDF
Abridged model31/12/201803/06/201929/10/2019DutchPDF
Abridged model31/12/201704/06/201827/09/2018DutchPDF
Abridged model31/12/201605/06/201731/10/2017DutchPDF
Abridged model31/12/201506/06/201630/12/2016DutchPDF
Abridged model31/12/201401/06/201529/10/2015DutchPDF
Abridged model31/12/201302/06/201430/07/2014DutchPDF
Abridged model31/12/201203/06/201318/07/2013DutchPDF
Abridged model31/12/201104/06/201231/08/2012DutchPDF
Abridged model31/12/200907/06/201002/07/2010DutchPDF
Abridged model31/12/200802/06/200928/09/2009DutchPDF
Abridged model31/12/200702/06/200822/10/2008DutchPDF
Abridged model31/12/200604/06/200725/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 2 active · 13 ended

Active mandates

Adriana Leijten

Director

Active
Jacob Marijnen

Director

Active

Ended mandates

Adraina Leijten

Managing director · since 22 mai 2020 · until 01 juin 2026

Ended
Jacob Marijnen

Managing director · since 22 mai 2020 · until 01 juin 2026

Ended
Adraina Leijten

Managing director · since 21 février 2017 · until 21 février 2023

Ended
Jacob Marijnen

Managing director · since 21 février 2017 · until 21 février 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/05/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates09/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/05/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/01/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/04/2005
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/07/2003
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/07/2003
    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

Timeline

  1. 2025
    Annual accounts 2025-138,3 k €
  2. 2024
    Annual accounts 202410,3 k €
  3. 2023
    Annual accounts 20234,3 k €
  4. 2022
    Annual accounts 2022-34,8 k €
  5. 2021
    Annual accounts 2021-9,9 k €
  6. 2020
    Annual accounts 20209,4 k €
  7. 2019
    Annual accounts 201912,9 k €
  8. 2018
    Annual accounts 2018-591,3 €
  9. 2017
    Annual accounts 201719,2 k €
  10. 2016
    Annual accounts 2016-22,4 k €
  11. 2015
    Annual accounts 201539,8 k €
  12. 2014
    Annual accounts 2014215 k €
  13. 2013
    Annual accounts 2013-299,3 k €
  14. 2012
    Annual accounts 2012-332,4 k €
  15. 2011
    Annual accounts 2011124,2 k €
  16. 2009
    Annual accounts 200924,4 k €
  17. 2008
    Annual accounts 2008-1,1 M €
  18. 18/09/1992
    IncorporationPublic limited company