MA.RO.
0449.441.382 · rovalta.com · 23/09/2026
ACTIVE
MA.RO.
Financial year 2025 · closed on 31/12/2025
Net result
119,9 k €
+518.9% YoY
Gross margin
460,8 k €
+25.9% YoY
Equity
34,2 k €
+139.8% YoY
Overview
What does MA.RO. do?
MA.RO. is a Public limited company incorporated in 1993. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Pajottegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.441.382
Incorporation
12/02/1993
Legal form
Public limited company
Registered office
Plaatsstraat 60A
1570 Pajottegem · FlandreSee on map
1570 Pajottegem · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Activities (NACE)
55301Camping grounds, recreational vehicle parks and trailer parks· main55302Camping grounds, recreational vehicle parks and trailer parks56101Restaurants and mobile food service activities56102Restaurants and mobile food service activities56111Restaurants and mobile food service activities56112Restaurants and mobile food service activities+8
Joint committees (2)
- 302
- 30200
Contacts
4 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 460,8 k € | +25.9% | 365,9 k € | +19.8% | 305,5 k € | +3.4% | 295,5 k € | -1.2% | 299,2 k € | +135% | 127,3 k € | -72.5% | 463,7 k € | -1.1% | 468,9 k € | -15.7% | 556,3 k € | +15.3% | 482,4 k € | +14.8% | 420,3 k € | -11.6% | 475,2 k € | -19.4% | 589,7 k € | +57.7% | 373,8 k € | +39.7% | 267,6 k € | -30.9% | 387,4 k € | +55.7% | 248,7 k € | -41.7% | 426,4 k € | -44.9% | 773,3 k € | +16.9% | 661,7 k € |
| EBITDA | 155,9 k € | +2059% | 7,2 k € | +128% | -26,2 k € | -188% | 29,9 k € | -82.3% | 169,3 k € | +2761% | 5,9 k € | +112% | -49,6 k € | -238% | 36 k € | +19.1% | 30,2 k € | +30.1% | 23,2 k € | -66.7% | 69,6 k € | -56.2% | 159,1 k € | -31.4% | 232 k € | +10135% | 2,3 k € | +101% | -161,6 k € | -142% | -66,8 k € | +84.8% | -438,6 k € | -85.7% | -236,2 k € | -225% | 188,7 k € | +18.2% | 159,7 k € |
| Operating result | 123,3 k € | +565% | -26,5 k € | +58.7% | -64,2 k € | -332% | -14,9 k € | -112% | 124,9 k € | +611% | -24,5 k € | +72.0% | -87,4 k € | -4747% | 1,9 k € | -63.2% | 5,1 k € | -12.0% | 5,8 k € | -90.3% | 59,8 k € | -62.4% | 159,1 k € | -31.4% | 231,9 k € | +10344% | 2,2 k € | +101% | -161,7 k € | -137% | -68,3 k € | +91.0% | -755,4 k € | -52.1% | -496,5 k € | -1088% | 50,2 k € | +101% | 25 k € |
| Net result | 119,9 k € | +519% | -28,6 k € | +56.7% | -66,1 k € | -302% | -16,4 k € | -113% | 123,9 k € | +583% | -25,7 k € | +76.1% | -107,5 k € | -7370% | -1,4 k € | -520% | 342,5 € | -67.9% | 1,1 k € | -95.3% | 22,8 k € | -85.7% | 158,8 k € | -23.9% | 208,7 k € | +14348% | -1,5 k € | +99.2% | -175,3 k € | -116% | 1,1 M € | +236% | -793,9 k € | -41.3% | -561,9 k € | -1321% | 46 k € | +520% | 7,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 34,2 k € | +140% | -85,7 k € | -50.1% | -57,1 k € | -739% | 8,9 k € | -64.8% | 25,4 k € | +126% | -98,5 k € | -35.3% | -72,8 k € | -310% | 34,7 k € | -4.0% | 36,2 k € | +1.0% | 35,8 k € | +3.1% | 34,7 k € | +190% | 12 k € | +108% | -146,9 k € | +58.7% | -355,6 k € | -0.4% | -354,1 k € | -98.1% | -178,8 k € | +85.8% | -1,3 M € | -170% | -468,4 k € | -601% | 93,5 k € | +97.0% | 47,4 k € |
| Total assets | 286,7 k € | +3.1% | 278,2 k € | -13.4% | 321,3 k € | +12.9% | 284,5 k € | -18.0% | 346,9 k € | +25.4% | 276,7 k € | -11.7% | 313,3 k € | +39.1% | 225,2 k € | -28.1% | 313,3 k € | +42.4% | 219,9 k € | +23.7% | 177,8 k € | +49.1% | 119,2 k € | -10.4% | 133,1 k € | +17.8% | 113 k € | +12.1% | 100,8 k € | -28.6% | 141,2 k € | -92.8% | 2 M € | +6.5% | 1,8 M € | +134% | 788,4 k € | +2.5% | 768,9 k € |
| Cash | 46,2 k € | +38.8% | 33,3 k € | -37.7% | 53,4 k € | +53.8% | 34,7 k € | +67.7% | 20,7 k € | -49.4% | 41 k € | +258% | 11,4 k € | -37.2% | 18,2 k € | -22.7% | 23,5 k € | -45.7% | 43,3 k € | +10.3% | 39,3 k € | +36.1% | 28,9 k € | +75.5% | 16,5 k € | +75.1% | 9,4 k € | +291% | 2,4 k € | -91.1% | 26,9 k € | -13.6% | 31,1 k € | -43.7% | 55,3 k € | -15.9% | 65,7 k € | +142% | 27,1 k € |
| Debts | 231,8 k € | -35.6% | 359,6 k € | -5.0% | 378,4 k € | +37.3% | 275,6 k € | -14.3% | 321,5 k € | -14.3% | 375,2 k € | -2.8% | 386,1 k € | +103% | 190,5 k € | -29.3% | 269,3 k € | +48.2% | 181,7 k € | +27.0% | 143,1 k € | +35.1% | 105,9 k € | -61.6% | 276,1 k € | -40.5% | 464,1 k € | +2.0% | 454,9 k € | +42.1% | 320 k € | -90.0% | 3,2 M € | +40.8% | 2,3 M € | +240% | 669,5 k € | -7.1% | 720,8 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 6,6 ETP | -14.3% | 7,7 ETP | -37.4% | 12,3 ETP | -5.4% | 13,0 ETP | -9.7% | 14,4 ETP | +12.5% | 12,8 ETP | -34.4% | 19,5 ETP | -15.2% | 23,0 ETP | +5.5% | 21,8 ETP | 0.0% | 21,8 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 18 ended
Active mandates
Frans Boogaerts
ActiveMarie-christine Roosens
ActiveEnded mandates
OLAF HERREMANS
EndedFRANS BOOGAERTS
EndedMARIE CHRISTINE ROOSENS
EndedMarie-christine Roosens
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BALMORAL INVESTMENTS● Active | 0452.464.319 |
MIRABEAU PROPERTIES● Active | 0453.656.429 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro 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 | 15/06/2026 | 13/06/2025 | 12/06/2024 | 27/07/2023 | 26/08/2022 | 31/08/2021 |
| General meeting | 16/05/2026 | 17/05/2025 | 18/05/2024 | 20/05/2023 | 21/05/2022 | 15/05/2021 |
| 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
33 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 16/05/2026 | 15/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 17/05/2025 | 13/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/05/2024 | 12/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 20/05/2023 | 27/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/05/2022 | 26/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/05/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 16/05/2020 | 09/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 18/05/2019 | 13/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/06/2018 | 30/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 20/05/2017 | 18/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/05/2016 | 11/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/05/2015 | 18/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 17/05/2014 | 13/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 18/05/2013 | 10/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/06/2012 | 05/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 11/06/2011 | 28/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 02/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 16/05/2009 | 01/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 07/06/2008 | 23/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 19/05/2007 | 04/06/2007 | Dutch | |
| Abridged model | 31/12/2005 | 20/05/2006 | 24/05/2006 | Dutch | |
| Abridged model | 31/12/2004 | 21/05/2005 | 31/05/2005 | Dutch | |
| Abridged model | 31/12/2003 | 30/06/2004 | 12/07/2004 | Dutch | |
| Abridged model | 31/12/2002 | 27/06/2003 | 18/07/2003 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
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 · 2 active · 18 ended
Active mandates
Frans Boogaerts
ActiveMarie-christine Roosens
ActiveEnded mandates
OLAF HERREMANS
EndedFRANS BOOGAERTS
EndedMARIE CHRISTINE ROOSENS
EndedMarie-christine Roosens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/12/2023ONTSLAGEN - BENOEMINGEN
- Mandates19/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates23/06/2022ONTSLAGEN - BENOEMINGEN
- Mandates10/03/2021ONTSLAGEN - BENOEMINGEN
- Mandates04/09/2019ONTSLAGEN - BENOEMINGEN
- Registered office27/12/2018MAATSCHAPPELIJKE ZETEL
- Mandates05/09/2016ONTSLAGEN - BENOEMINGEN
- Mandates27/07/2012ONTSLAGEN - 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 2025119,9 k €↑
- 2024Annual accounts 2024-28,6 k €↑
- 2023Annual accounts 2023-66,1 k €↓
- 2022Annual accounts 2022-16,4 k €↓
- 2021Annual accounts 2021123,9 k €↑
- 2020Annual accounts 2020-25,7 k €↑
- 2019Annual accounts 2019-107,5 k €↓
- 2018Annual accounts 2018-1,4 k €↓
- 2017Annual accounts 2017342,5 €↓
- 2016Annual accounts 20161,1 k €↓
- 2015Annual accounts 201522,8 k €↓
- 2014Annual accounts 2014158,8 k €↓
- 2013Annual accounts 2013208,7 k €↑
- 2012Annual accounts 2012-1,5 k €↑
- 2011Annual accounts 2011-175,3 k €↓
- 2010Annual accounts 20101,1 M €↑
- 2009Annual accounts 2009-793,9 k €↓
- 2008Annual accounts 2008-561,9 k €↓
- 2007Annual accounts 200746 k €↑
- 2006Annual accounts 20067,4 k €
- 12/02/1993IncorporationPublic limited company