MARCO
0454.012.458 · rovalta.com · 23/09/2026
ACTIVE
MARCO
Financial year 2025 · closed on 31/12/2025
Net result
-21,1 k €
-151.1% YoY
Gross margin
351,6 k €
-0.1% YoY
Equity
1,2 M €
-1.8% YoY
Workforce
5,8 ETP
+41.5% YoY
Overview
What does MARCO do?
MARCO is a Public limited company incorporated in 1994. Its registered office is in Herselt. It employs on average 5,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.012.458
Incorporation
22/12/1994
Legal form
Public limited company
Registered office
Houtvensesteenweg(RAM) 20
2230 Herselt · FlandreSee on map
2230 Herselt · FlandreSee on map
Contributed capital
186 000,00 €
Latest accounts
31/12/2025
Average workforce
5,8 ETP
Joint committees (3)
- 100
- 10000 20100
- 201
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 351,6 k € | -0.1% | 351,8 k € | +2.0% | 344,9 k € | -12.8% | 395,8 k € | -10.2% | 440,6 k € | +59.2% | 276,8 k € | -12.5% | 316,2 k € | +7.9% | 293,1 k € | +16.7% | 251,1 k € | -5.5% | 265,7 k € | +10.9% | 239,7 k € | -6.6% | 256,5 k € | -0.0% | 256,5 k € | -1.9% | 261,5 k € | -7.9% | 284 k € | +41.9% | 200,1 k € | -23.6% | 261,9 k € | +9.0% | 240,3 k € | -7.1% | 258,8 k € |
| EBITDA | 22,5 k € | -79.4% | 109,2 k € | -11.1% | 122,8 k € | -12.7% | 140,7 k € | -30.9% | 203,8 k € | +169% | 75,8 k € | -14.0% | 88,1 k € | +31.9% | 66,8 k € | -36.7% | 105,6 k € | -20.2% | 132,3 k € | +37.9% | 95,9 k € | -27.7% | 132,6 k € | -1.0% | 134 k € | -29.0% | 188,6 k € | -17.1% | 227,5 k € | +93.6% | 117,5 k € | -15.3% | 138,8 k € | +195% | -145,3 k € | -302% | 72,1 k € |
| Operating result | -26,1 k € | -142% | 61,4 k € | -18.0% | 74,8 k € | -16.0% | 89,1 k € | -42.3% | 154,4 k € | +149% | 62 k € | -17.2% | 74,9 k € | +44.3% | 51,9 k € | -45.9% | 95,9 k € | -0.8% | 96,7 k € | +15.3% | 83,8 k € | -31.1% | 121,8 k € | -2.9% | 125,4 k € | -24.3% | 165,7 k € | -17.4% | 200,5 k € | +103% | 98,8 k € | -27.0% | 135,2 k € | +191% | -148,4 k € | -314% | 69,3 k € |
| Net result | -21,1 k € | -151% | 41,4 k € | -20.1% | 51,8 k € | -21.3% | 65,7 k € | -41.9% | 113,1 k € | +161% | 43,4 k € | -12.9% | 49,8 k € | +59.7% | 31,2 k € | -50.8% | 63,4 k € | -1.1% | 64,2 k € | -0.4% | 64,4 k € | -34.5% | 98,3 k € | +18.5% | 83 k € | -35.7% | 129 k € | -26.0% | 174,2 k € | +118% | 80 k € | -41.9% | 137,7 k € | +192% | -150,1 k € | -428% | 45,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,2 M € | -1.8% | 1,2 M € | +3.6% | 1,2 M € | +4.7% | 1,1 M € | +6.3% | 1 M € | +34.9% | 776 k € | +5.9% | 732,6 k € | +7.3% | 682,8 k € | +4.8% | 651,6 k € | +10.8% | 588,1 k € | +12.2% | 524 k € | -23.5% | 684,5 k € | +12.2% | 610,2 k € | +15.7% | 527,2 k € | +15.0% | 458,3 k € | +13.4% | 404,1 k € | +11.0% | 364,1 k € | +60.8% | 226,4 k € | -39.9% | 376,5 k € |
| Total assets | 1,3 M € | -12.5% | 1,5 M € | +5.5% | 1,4 M € | +3.1% | 1,4 M € | -3.8% | 1,4 M € | +43.5% | 997,1 k € | +2.8% | 969,8 k € | +14.9% | 844,1 k € | +2.5% | 823,7 k € | +7.1% | 768,7 k € | -7.1% | 827,4 k € | -1.3% | 838 k € | +11.1% | 754,2 k € | -0.4% | 757,3 k € | +0.6% | 752,9 k € | +20.5% | 624,7 k € | +12.1% | 557,5 k € | +40.9% | 395,7 k € | -33.1% | 591,6 k € |
| Cash | 74,8 k € | -64.4% | 210 k € | +54.7% | 135,7 k € | +23.1% | 110,3 k € | +66.5% | 66,2 k € | -24.6% | 87,8 k € | -18.3% | 107,5 k € | +40.2% | 76,7 k € | +1.1% | 75,8 k € | +39.7% | 54,3 k € | -4.9% | 57,1 k € | +5.7% | 54 k € | +5.2% | 51,3 k € | +18.7% | 43,2 k € | +408% | 8,5 k € | -20.7% | 10,7 k € | -76.1% | 44,9 k € | +411% | 8,8 k € | -93.2% | 129,2 k € |
| Debts | 125,5 k € | -56.3% | 287,2 k € | +14.1% | 251,7 k € | -4.6% | 263,9 k € | -31.4% | 384,6 k € | +74.0% | 221,1 k € | -6.8% | 237,2 k € | +50.0% | 158,1 k € | -5.0% | 166,4 k € | -6.2% | 177,3 k € | -40.9% | 300 k € | +100% | 150 k € | +4.1% | 144 k € | -37.4% | 230,1 k € | -21.9% | 294,6 k € | +33.5% | 220,6 k € | +14.7% | 192,3 k € | +13.6% | 169,3 k € | -21.3% | 215,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 5,8 ETP | +41.5% | 4,1 ETP | 0.0% | 4,1 ETP | -14.6% | 4,8 ETP | -5.9% | 5,1 ETP | +24.4% | 4,1 ETP | -14.6% | 4,8 ETP | -5.9% | 5,1 ETP | +34.2% | 3,8 ETP | 0.0% | 3,8 ETP | +11.8% | 3,4 ETP | -8.1% | 3,7 ETP | 0.0% | 3,7 ETP | +54.2% | 2,4 ETP | +20.0% | 2,0 ETP | -13.0% | 2,3 ETP | -39.5% | 3,8 ETP | -2.6% | 3,9 ETP | +2.6% | 3,8 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 · 1 active · 22 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 | 08/09/2026 | 03/06/2025 | 03/06/2024 | 06/06/2023 | 08/06/2022 | 18/06/2021 |
| General meeting | 01/06/2026 | 02/06/2025 | 03/06/2024 | 05/06/2023 | 07/06/2022 | 07/06/2021 |
| 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
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged modelCorrection | 31/12/2025 | 01/06/2026 | 08/09/2026 | Dutch | |
| Abridged model | 31/12/2025 | 01/06/2026 | 02/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 02/06/2025 | 03/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 03/06/2024 | 03/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 05/06/2023 | 06/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 08/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 07/06/2021 | 18/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/06/2020 | 07/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 03/06/2019 | 04/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/06/2018 | 04/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 05/06/2017 | 30/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/06/2016 | 30/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 07/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/06/2014 | 30/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 03/06/2013 | 28/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 04/06/2012 | 28/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 01/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 28/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/06/2009 | 29/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 11/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 11/06/2007 | 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
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 22 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other24/03/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other12/08/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ALGEMENE VERGADERING
- Mandates16/09/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2013ONTSLAGEN - BENOEMINGEN
- Mandates23/10/2007ONTSLAGEN - BENOEMINGEN
- Mandates17/10/2007ONTSLAGEN - BENOEMINGEN
- Capital / shares31/10/2005ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-21,1 k €↓
- 2024Annual accounts 202441,4 k €↓
- 2023Annual accounts 202351,8 k €↓
- 2022Annual accounts 202265,7 k €↓
- 2021Annual accounts 2021113,1 k €↑
- 2019Annual accounts 201943,4 k €↓
- 2018Annual accounts 201849,8 k €↑
- 2017Annual accounts 201731,2 k €↓
- 2016Annual accounts 201663,4 k €↓
- 2015Annual accounts 201564,2 k €↓
- 2014Annual accounts 201464,4 k €↓
- 2013Annual accounts 201398,3 k €↑
- 2012Annual accounts 201283 k €↓
- 2011Annual accounts 2011129 k €↓
- 2010Annual accounts 2010174,2 k €↑
- 2009Annual accounts 200980 k €↓
- 2008Annual accounts 2008137,7 k €↑
- 2007Annual accounts 2007-150,1 k €↓
- 2006Annual accounts 200645,8 k €
- 22/12/1994IncorporationPublic limited company