MARDAGA
0456.749.541 · rovalta.com · 23/09/2026
ACTIVE
MARDAGA
Financial year 2025 · closed on 31/12/2025
Net result
284,5 k €
+24.2% YoY
Gross margin
540,8 k €
+11.7% YoY
Equity
1 M €
+3.1% YoY
Overview
What does MARDAGA do?
MARDAGA is a Public limited company incorporated in 1995. Its main activity is: Book publishing. Its registered office is in Mont-Saint-Guibert.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.749.541
Incorporation
18/12/1995
Legal form
Public limited company
Registered office
Rue des Sablières 45 box 61A
1435 Mont-Saint-Guibert · WallonieSee on map
1435 Mont-Saint-Guibert · WallonieSee on map
Contributed capital
226 260,50 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive 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 | 540,8 k € | +11.7% | 484,1 k € | -11.6% | 547,7 k € | +34.6% | 407 k € | -54.2% | 889,1 k € | -24.1% | 1,2 M € | +142% | 483,6 k € | -28.8% | 678,7 k € | +276% | 180,5 k € | +265% | -109,5 k € | -356% | 42,8 k € | -22.4% | 55,2 k € | +197% | -57,1 k € | -230% | 43,7 k € | +284% | -23,7 k € | -116% | 147,6 k € | +171% | 54,4 k € | -63.7% | 149,9 k € | +141% | 62,3 k € | -64.5% | 175,5 k € |
| EBITDA | 534,8 k € | +28.3% | 416,9 k € | +25.9% | 331,2 k € | +31.6% | 251,7 k € | -65.6% | 731,9 k € | -26.1% | 990,9 k € | +169% | 368,9 k € | -41.0% | 625,5 k € | +404% | 124 k € | +124% | -514,2 k € | -116% | -238,4 k € | +27.0% | -326,6 k € | +10.9% | -366,6 k € | -87.7% | -195,3 k € | +24.7% | -259,3 k € | -4158% | 6,4 k € | +108% | -83,2 k € | -1210% | -6,3 k € | +85.0% | -42,3 k € | -181% | 52,3 k € |
| Operating result | 366,6 k € | +24.2% | 295,2 k € | +184% | 104,1 k € | -1.1% | 105,3 k € | -83.1% | 623,5 k € | -35.4% | 964,7 k € | +134% | 412 k € | +25.6% | 328,1 k € | +245% | 95,1 k € | +118% | -528,7 k € | -106% | -256,5 k € | +25.9% | -346,4 k € | +20.6% | -436 k € | -105% | -212,4 k € | +20.4% | -266,9 k € | -44663% | -596,4 € | +99.3% | -91,7 k € | -207% | -29,9 k € | +52.3% | -62,7 k € | -458% | 17,5 k € |
| Net result | 284,5 k € | +24.2% | 229,1 k € | +200% | 76,4 k € | -6.5% | 81,7 k € | -84.4% | 524,9 k € | -45.5% | 963,8 k € | +134% | 411,7 k € | +25.4% | 328,2 k € | +259% | 91,5 k € | +117% | -531 k € | -116% | -246,2 k € | +32.5% | -364,9 k € | -82.4% | -200,1 k € | +13.4% | -231 k € | +20.3% | -290 k € | -828% | -31,2 k € | +72.5% | -113,5 k € | -118% | -52,1 k € | +39.4% | -86 k € | -1671% | -4,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1 M € | +3.1% | 1 M € | +30.8% | 764,3 k € | +10.9% | 689,5 k € | +14.9% | 600 k € | -54.6% | 1,3 M € | +268% | 359,7 k € | +760% | -54,5 k € | +85.7% | -382,5 k € | +19.5% | -474,9 k € | +66.9% | -1,4 M € | -20.7% | -1,2 M € | -44.3% | -822,8 k € | -32.1% | -622,8 k € | -58.9% | -391,8 k € | -285% | -101,8 k € | -44.2% | -70,6 k € | -265% | 42,8 k € | -56.9% | 99,5 k € | -47.0% | 187,9 k € |
| Total assets | 1,2 M € | -18.4% | 1,5 M € | +2.7% | 1,5 M € | +15.6% | 1,3 M € | +9.2% | 1,2 M € | -30.2% | 1,7 M € | +89.0% | 878,1 k € | +54.3% | 569 k € | +32.8% | 428,4 k € | -24.5% | 567,5 k € | -19.8% | 707,7 k € | -15.3% | 835,8 k € | +48.9% | 561,4 k € | -20.2% | 703,4 k € | +4.0% | 676,5 k € | -22.4% | 871,9 k € | +40.0% | 622,9 k € | -24.2% | 821,5 k € | -9.2% | 904,4 k € | -4.7% | 949,2 k € |
| Cash | 102,4 k € | -85.3% | 694,8 k € | +54.9% | 448,5 k € | +1888% | 22,6 k € | -1.1% | 22,8 k € | -97.0% | 748,4 k € | +931% | 72,6 k € | +64.9% | 44 k € | -15.0% | 51,8 k € | +246% | 15 k € | -46.8% | 28,1 k € | -67.6% | 86,7 k € | +308% | 21,3 k € | -85.3% | 144,3 k € | +39.9% | 103,1 k € | +58.2% | 65,2 k € | +65.2% | 39,5 k € | +32.3% | 29,8 k € | -69.7% | 98,5 k € | +1891% | 4,9 k € |
| Debts | 189,5 k € | -61.9% | 497,8 k € | -24.5% | 658,9 k € | +20.1% | 548,5 k € | +5.4% | 520,3 k € | +72.9% | 301 k € | -37.3% | 480,4 k € | -19.2% | 594,8 k € | -22.0% | 762,9 k € | -21.5% | 971,5 k € | -53.0% | 2,1 M € | +7.9% | 1,9 M € | +44.4% | 1,3 M € | +3.3% | 1,3 M € | +25.2% | 1 M € | +11.7% | 917,8 k € | +40.7% | 652,4 k € | -10.8% | 731,4 k € | -3.6% | 758,9 k € | +6.4% | 713,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | 0,9 ETP | -85.0% | 6,0 ETP | 0.0% | 6,0 ETP | – | – | – | – | – | – | 4,7 ETP | -13.0% | 5,4 ETP | +25.6% | 4,3 ETP | +22.9% | 3,5 ETP | +12.9% | 3,1 ETP | +40.9% | 2,2 ETP | +4.8% | 2,1 ETP | -4.5% | 2,2 ETP | 0.0% | 2,2 ETP | -8.3% | 2,4 ETP | ||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 24 ended
Active mandates
NET STUDIO SARL - Société à responsabilité limitée de droit luxembourgeois
ActiveActive
Ended mandates
Cédric LEONARD
EndedMariana GONZALEZ ESCALLON
EndedThibault LEONARD
EndedCédric LEONARD
EndedAt this address
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|---|---|
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| 0748.546.327 | |
| 0749.416.159 | |
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| 0778.429.948 | |
| 1017.131.607 | |
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Baugema● Active | 0536.734.850 |
BY NADINE EVENTS● Active | 0772.658.745 |
CADREY IMMO● Active | 0767.379.371 |
CREATED FOR YOU● Active | 0801.183.574 |
CTSM● Active | 0898.999.166 |
DEBOSSE BELGIUM● Active | 1041.959.548 |
dreamcollector● Active | 1021.734.850 |
ETABLISSEMENTS NICOLAY● Active | 0433.064.517 |
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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 | Micro 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 | 19/06/2026 | 16/04/2025 | 09/04/2024 | 18/06/2024 | 20/07/2022 | 14/06/2021 |
| General meeting | 06/06/2026 | 14/04/2025 | 29/03/2024 | 24/06/2023 | 25/06/2022 | 05/06/2021 |
| 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
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 06/06/2026 | 19/06/2026 | French | |
| Abridged model | 31/12/2024 | 14/04/2025 | 16/04/2025 | French | |
| Abridged model | 31/12/2023 | 29/03/2024 | 09/04/2024 | French | |
| Abridged modelCorrection | 31/12/2022 | 24/06/2023 | 18/06/2024 | French | |
| Abridged model | 31/12/2022 | 24/06/2023 | 25/07/2023 | French | |
| Abridged model | 31/12/2021 | 25/06/2022 | 20/07/2022 | French | |
| Micro model | 31/12/2020 | 05/06/2021 | 14/06/2021 | French | |
| Micro model | 31/12/2019 | 27/06/2020 | 17/07/2020 | French | |
| Micro model | 31/12/2018 | 22/06/2019 | 09/08/2019 | French | |
| Micro model | 31/12/2017 | 23/06/2018 | 15/10/2018 | French | |
| Micro model | 31/12/2016 | 03/06/2017 | 24/07/2017 | French | |
| Abridged model | 31/12/2015 | 04/06/2016 | 29/07/2016 | French | |
| Abridged model | 31/12/2014 | 06/06/2015 | 17/07/2015 | French | |
| Abridged model | 31/12/2013 | 07/06/2014 | 25/08/2014 | French | |
| Abridged model | 31/12/2012 | 01/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 02/06/2012 | 29/08/2012 | French | |
| Abridged modelCorrection | 31/12/2010 | 04/06/2011 | 21/09/2011 | French | |
| Abridged model | 31/12/2010 | 04/06/2011 | 26/07/2011 | French | |
| Abridged model | 31/12/2009 | 05/06/2010 | 31/08/2010 | French | |
| Abridged model | 31/12/2008 | 06/06/2009 | 29/06/2009 | French | |
| Abridged model | 31/12/2007 | 07/06/2008 | 07/07/2008 | French | |
| Abridged model | 31/12/2006 | 02/06/2007 | 29/06/2007 | French |
Valuation
Estimate
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.
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 · 24 ended
Active mandates
NET STUDIO SARL - Société à responsabilité limitée de droit luxembourgeois
ActiveActive
Ended mandates
Cédric LEONARD
EndedMariana GONZALEZ ESCALLON
EndedThibault LEONARD
EndedCédric LEONARD
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring12/08/2026PROJET DE FUSION PAR ABSORPTION
- Mandates08/06/2026DEMISSIONS, NOMINATIONS
- Capital / shares25/06/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Mandates05/11/2024DEMISSIONS, NOMINATIONS
- Registered office04/12/2023SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
- Mandates02/05/2023DEMISSIONS, NOMINATIONS
- Capital / shares15/07/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Mandates14/07/2021DEMISSIONS, NOMINATIONS
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 2025284,5 k €↑
- 2024Annual accounts 2024229,1 k €↑
- 2023Annual accounts 202376,4 k €↓
- 2022Annual accounts 202281,7 k €↓
- 2021Annual accounts 2021524,9 k €↓
- 2020Annual accounts 2020963,8 k €↑
- 2019Annual accounts 2019411,7 k €↑
- 2018Annual accounts 2018328,2 k €↑
- 2017Annual accounts 201791,5 k €↑
- 2016Annual accounts 2016-531 k €↓
- 2015Annual accounts 2015-246,2 k €↑
- 2014Annual accounts 2014-364,9 k €↓
- 2013Annual accounts 2013-200,1 k €↑
- 2012Annual accounts 2012-231 k €↑
- 2011Annual accounts 2011-290 k €↓
- 2010Annual accounts 2010-31,2 k €↑
- 2009Annual accounts 2009-113,5 k €↓
- 2008Annual accounts 2008-52,1 k €↑
- 2007Annual accounts 2007-86 k €↓
- 2006Annual accounts 2006-4,9 k €
- 18/12/1995IncorporationPublic limited company