ACTIVE

MARMAD

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Financial year 2025 · Closed on 31/12/2025

Net result117,9 k €-53,8 %over 1 year

Gross margin463,2 k €+12,5 %over 1 year

Equity446,5 k €+35,9 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

MARMAD is a Private limited company incorporated in 1993. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.916.187
Incorporation: 16/04/1993
Legal form: Private limited company
Registered office: Deken Degryselaan(Kor) 23
8500 Kortrijk · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	463,2 k €	+12.5%	411,6 k €	+2.2%	402,7 k €	+13.8%	353,8 k €	-1.7%	360 k €
EBITDA	181,1 k €	-49.3%	357,3 k €	+2.2%	349,5 k €	+13.4%	308,2 k €	-0.3%	309,2 k €
Operating result	173,7 k €	-50.9%	353,7 k €	+2.3%	345,9 k €	+14.2%	302,9 k €	-0.1%	303,2 k €
Net result	117,9 k €	-53.8%	254,9 k €	+1.6%	250,8 k €	+13.8%	220,5 k €	-0.1%	220,6 k €
Balance sheet
Equity	446,5 k €	+35.9%	328,7 k €	+346%	73,7 k €	+222%	22,9 k €	+2.1%	22,4 k €
Total assets	9,7 M €	+929%	941,7 k €	+33.3%	706,6 k €	-23.8%	926,8 k €	-16.6%	1,1 M €
Cash	781,6 k €	+42.0%	550,6 k €	+112%	259,6 k €	-50.7%	526,9 k €	+74.9%	301,3 k €
Debts	5,1 M €	+738%	613,1 k €	-3.1%	632,8 k €	-30.0%	903,9 k €	-17.0%	1,1 M €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAVAHOLD0886.325.622Represented by Caroline VANBIERVLIET	Directorsince 31/10/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DAS DING0474.626.245Represented by Marcel Cornelis	Director30/09/2020 → 2020 accounts
THICHAT0821.796.074Represented by Alexander Van Ranst	Director30/09/2020 → 2020 accounts
Marc Noterdame	Director18/12/2017 → 30/09/2020

Other companies at this address

Deken Degryselaan(Kor) 23 8500 Kortrijk

Company	CBE no.
BIVERMA● Active	0427.643.504
Burgelijke Maatschap ALANAR● Active	0726.445.272
CAVAHOLD● Active	0886.325.622
CAVAHOLD GROEP● Active	0723.868.141
FABRICE INTERNATIONAL● Active	0448.185.134
Gifar● Active	0401.595.044
MAVAN● Active	0405.298.761
ORION - MARKE● Active	0456.829.913
THOMAS GOETHALS, ADVOCAAT● Active	0836.394.574

Full financial information

Source · NBB

	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	31/08/2026	19/05/2025	24/05/2024	22/02/2023	20/05/2022	21/05/2021
General meeting	25/04/2026	16/05/2025	27/04/2024	31/01/2023	30/04/2022	24/04/2021
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
Abridged model	31/12/2025	25/04/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/05/2025	19/05/2025	Dutch	PDF
Abridged model	31/12/2023	27/04/2024	24/05/2024	Dutch	PDF
Abridged model	31/12/2022	31/01/2023	22/02/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	20/05/2022	Dutch	PDF
Abridged model	31/12/2020	24/04/2021	21/05/2021	Dutch	PDF
Abridged model	31/12/2019	25/04/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	13/06/2019	Dutch	PDF
Abridged model	31/12/2017	13/06/2018	23/07/2018	Dutch	PDF
Micro model	31/12/2016	15/07/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	09/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/04/2013	24/05/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/04/2009	25/05/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	28/04/2007	21/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CAVAHOLD0886.325.622Represented by Caroline VANBIERVLIET	Directorsince 31/10/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DAS DING0474.626.245Represented by Marcel Cornelis	Director30/09/2020 → 2020 accounts
THICHAT0821.796.074Represented by Alexander Van Ranst	Director30/09/2020 → 2020 accounts
Marc Noterdame	Director18/12/2017 → 30/09/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/12/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other14/11/2023
WIJZIGING RECHTSVORM
PDF
Mandates09/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other22/01/2018
STATUTENWIJZIGING - OMZETTING IN BESLOTEN VENNOOTSCHAP MET :
PDF
Mandates04/12/2017
Herbenoeming raad van bestuur
PDF
Mandates11/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/10/2003
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
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

CAVAHOLD

DAS DING

THICHAT

Marc Noterdame

JOHAN NOTERDAME

DIANE NOTERDAME

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MARMAD

Deken Degryselaan(Kor) 23, 8500 KortrijkIndustriestraat 23 bte B, 1910 Kampenhout

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Deken Degryselaan(Kor) 23, 8500 KortrijkCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00471695
Industriestraat 23 bus B, 1910 Kampenhout	accounts 2023	Accounts 2023 · 2024-00094918
Industriestraat 23 bte B, 1910 Kampenhout	accounts 2021 → 2022	Accounts 2022 · 2023-00030022

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MARMADCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00471695

Events

2025
Annual accounts 2025117,9 k €↓
2024
Annual accounts 2024254,9 k €↑
2023
Annual accounts 2023250,8 k €↑
2022
Annual accounts 2022220,5 k €↓
2021
Annual accounts 2021220,6 k €↑
2020
Annual accounts 202042,1 k €↑
2019
Annual accounts 20199,7 k €↓
2018
Annual accounts 201814 k €↑
2017
Annual accounts 2017-3,4 k €↓
2016
Annual accounts 201611,6 k €↓
2015
Annual accounts 201565,6 k €↑
2014
Annual accounts 201413,1 k €↓
2013
Annual accounts 201352 k €↑
2012
Annual accounts 201239,1 k €↓
2011
Annual accounts 2011105,6 k €↑
2010
Annual accounts 201055,9 k €↓
2009
Annual accounts 200973,1 k €↑
2008
Annual accounts 200856,3 k €↓
2007
Annual accounts 200765,5 k €↓
2006
Annual accounts 200679,2 k €
16/04/1993
IncorporationPrivate limited company

MARMAD

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