MARHOUT
0453.824.792 · rovalta.com · 23/09/2026
ACTIVE
MARHOUT
Financial year 2025 · closed on 31/12/2025
Net result
115,3 k €
+83.6% YoY
Gross margin
428,7 k €
+23.8% YoY
Equity
1,3 M €
+9.8% YoY
Overview
What does MARHOUT do?
MARHOUT is a Public limited company incorporated in 1994. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.824.792
Incorporation
15/11/1994
Legal form
Public limited company
Registered office
Lange Gasthuisstraat 9-11
2000 Antwerpen · FlandreSee on map
2000 Antwerpen · FlandreSee on map
Contributed capital
68 170,71 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 428,7 k € | +23.8% | 346,2 k € | +55.8% | 222,1 k € | -11.2% | 250,1 k € | +43.4% | 174,4 k € | -13.9% | 202,6 k € | -19.4% | 251,3 k € | -34.1% | 381,4 k € | -4.7% | 400,4 k € | -1.1% | 404,7 k € | -1.0% | 409 k € | +0.6% | 406,4 k € | +0.2% | 405,5 k € | +5.9% | 382,7 k € | +21.1% | 316 k € | +143% | 129,9 k € | -55.4% | 291 k € | +335% | 66,9 k € |
| EBITDA | 415,1 k € | +24.3% | 333,9 k € | +62.5% | 205,5 k € | -14.9% | 241,5 k € | +45.5% | 165,9 k € | -14.7% | 194,6 k € | -20.1% | 243,5 k € | -34.8% | 373,7 k € | -4.2% | 390 k € | -1.7% | 397 k € | -0.8% | 400,2 k € | -0.2% | 401,1 k € | +0.2% | 400,4 k € | +5.9% | 377,9 k € | +21.4% | 311,2 k € | +148% | 125,5 k € | -56.2% | 286,5 k € | +352% | 63,4 k € |
| Operating result | 209,5 k € | +67.1% | 125,4 k € | -7.3% | 135,2 k € | -25.8% | 182,1 k € | +68.4% | 108,2 k € | -20.5% | 136,1 k € | +14.9% | 118,5 k € | -51.5% | 244,2 k € | -6.0% | 259,7 k € | -1.9% | 264,8 k € | +3.9% | 254,9 k € | -0.3% | 255,8 k € | +0.3% | 255 k € | +9.7% | 232,6 k € | +42.0% | 163,8 k € | +904% | -20,4 k € | -121% | 97,2 k € | +120% | 44,2 k € |
| Net result | 115,3 k € | +83.6% | 62,8 k € | -52.5% | 132,1 k € | -19.7% | 164,5 k € | +52.4% | 107,9 k € | -4.2% | 112,6 k € | +219% | 35,3 k € | -67.5% | 108,6 k € | -1.9% | 110,7 k € | +5.2% | 105,2 k € | +10.7% | 95,1 k € | -23.2% | 123,8 k € | +12.9% | 109,7 k € | +46.0% | 75,1 k € | +4223% | -1,8 k € | +99.0% | -180,3 k € | -26.7% | -142,3 k € | -2091% | 7,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | +9.8% | 1,2 M € | +5.6% | 1,1 M € | +13.5% | 981,4 k € | +20.1% | 816,9 k € | +30.2% | 627,5 k € | +21.9% | 514,8 k € | +7.4% | 479,6 k € | +29.3% | 371 k € | +42.5% | 260,3 k € | +67.8% | 155,1 k € | +158% | 60 k € | +194% | -63,7 k € | +63.2% | -173,4 k € | +30.2% | -248,5 k € | -0.7% | -246,7 k € | -272% | -66,3 k € | -187% | 76 k € |
| Total assets | 5,8 M € | -0.4% | 5,8 M € | +81.6% | 3,2 M € | +2.3% | 3,1 M € | +4.9% | 3 M € | +56.3% | 1,9 M € | -2.8% | 2 M € | -0.6% | 2 M € | -6.1% | 2,1 M € | -6.2% | 2,2 M € | -6.0% | 2,4 M € | -16.0% | 2,8 M € | -3.3% | 2,9 M € | +0.2% | 2,9 M € | -3.8% | 3 M € | -3.9% | 3,2 M € | +90.9% | 1,7 M € | +278% | 437,2 k € |
| Cash | 754,2 k € | +25.3% | 602 k € | +1263% | 44,2 k € | -84.4% | 283,5 k € | +45.3% | 195,1 k € | +78.1% | 109,6 k € | -4.3% | 114,5 k € | +1113% | 9,4 k € | +18.9% | 7,9 k € | -51.8% | 16,5 k € | -39.4% | 27,2 k € | -11.6% | 30,8 k € | +3.5% | 29,7 k € | +12.5% | 26,4 k € | +48724% | 54,1 € | -99.8% | 24,9 k € | -56.4% | 57,1 k € | +313% | 13,8 k € |
| Debts | 4,4 M € | -3.1% | 4,5 M € | +127% | 2 M € | -2.8% | 2,1 M € | -2.3% | 2,1 M € | +68.2% | 1,3 M € | -12.2% | 1,4 M € | -3.3% | 1,5 M € | -13.8% | 1,7 M € | -12.7% | 2 M € | -10.3% | 2,2 M € | -19.8% | 2,7 M € | -7.6% | 3 M € | -3.5% | 3,1 M € | -6.5% | 3,3 M € | -3.2% | 3,4 M € | +96.7% | 1,7 M € | +381% | 357,3 k € |
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 · 3 active · 24 ended
At this address
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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 | 02/06/2026 | 23/05/2025 | 31/07/2024 | 22/05/2023 | 10/05/2022 | 30/06/2021 |
| General meeting | 04/05/2026 | 05/05/2025 | 06/05/2024 | 02/05/2023 | 02/05/2022 | 03/05/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 04/05/2026 | 02/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/05/2025 | 23/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 06/05/2024 | 31/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 02/05/2023 | 22/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 02/05/2022 | 10/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 03/05/2021 | 30/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/05/2020 | 28/05/2020 | Dutch | |
| Abridged model | 31/12/2018 | 06/05/2019 | 07/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 07/05/2018 | 22/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 02/05/2017 | 05/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 02/05/2016 | 02/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 04/05/2015 | 13/05/2015 | Dutch | |
| Abridged model | 31/12/2013 | 05/05/2014 | 07/05/2014 | Dutch | |
| Abridged model | 31/12/2012 | 06/05/2013 | 06/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/05/2012 | 15/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/05/2011 | 26/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 03/05/2010 | 18/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 04/05/2009 | 03/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 05/05/2008 | 26/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 07/05/2007 | 20/06/2007 | 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
Publications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/01/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates23/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates18/09/2020ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2014ONTSLAGEN - BENOEMINGEN
- Mandates10/10/2012ONTSLAGEN - BENOEMINGEN
- Capital / shares07/10/2009KAPITAAL - AANDELEN - ALGEMENE VERGADERING
- Mandates27/06/2008MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates11/03/2008ONTSLAGEN - 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 2025115,3 k €↑
- 2024Annual accounts 202462,8 k €↓
- 2023Annual accounts 2023132,1 k €↓
- 2022Annual accounts 2022164,5 k €↑
- 2021Annual accounts 2021107,9 k €↓
- 2019Annual accounts 2019112,6 k €↑
- 2018Annual accounts 201835,3 k €↓
- 2017Annual accounts 2017108,6 k €↓
- 2016Annual accounts 2016110,7 k €↑
- 2015Annual accounts 2015105,2 k €↑
- 2014Annual accounts 201495,1 k €↓
- 2013Annual accounts 2013123,8 k €↑
- 2012Annual accounts 2012109,7 k €↑
- 2011Annual accounts 201175,1 k €↑
- 2010Annual accounts 2010-1,8 k €↑
- 2009Annual accounts 2009-180,3 k €↓
- 2008Annual accounts 2008-142,3 k €↓
- 2007Annual accounts 20077,2 k €
- 15/11/1994IncorporationPublic limited company