ACTIVE

MARI

Financial year 2024 · closed on 31/12/2024
Net result
48,9 k €
+1265.6% YoY
Gross margin
153,9 k €
+104.0% YoY
Equity
412,1 k €
+13.4% YoY

What does MARI do?

MARI is a Public limited company incorporated in 1996. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Niklaas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.389.039
Incorporation
24/06/1996
Legal form
Public limited company
Registered office
Houten Schoen 19
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
61 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin153,9 k €75,4 k €86,5 k €78,5 k €79 k €100,3 k €88,1 k €321,6 k €148,1 k €131,7 k €134,1 k €109,6 k €123,7 k €128,3 k €130,1 k €119,2 k €152,4 k €129 k €
EBITDA142,3 k €64,3 k €76,2 k €68,6 k €69,1 k €88,5 k €77,7 k €286,9 k €112,5 k €111,2 k €113,7 k €100,2 k €114,5 k €119,5 k €121 k €110,5 k €144 k €121,6 k €
Operating result84,3 k €12,5 k €24,5 k €44,2 k €44,5 k €64,2 k €53,4 k €256,2 k €74,2 k €72,9 k €51,2 k €59,9 k €74,2 k €78,6 k €77,1 k €66,6 k €83,2 k €59,2 k €
Net result48,9 k €3,6 k €8,2 k €18,2 k €17,1 k €26,6 k €16,4 k €146,5 k €23,9 k €19,6 k €2,6 k €6,2 k €11,2 k €11,1 k €9,6 k €-2,7 k €6,7 k €5,4 k €
Balance sheet
Equity412,1 k €363,3 k €359,7 k €351,4 k €333,3 k €316,2 k €289,6 k €273,1 k €126,6 k €102,7 k €83,2 k €80,5 k €74,4 k €63,1 k €52 k €42,4 k €45,1 k €38,4 k €
Total assets1,3 M €1 M €1,3 M €1,3 M €1,1 M €1,1 M €1,1 M €1,2 M €1 M €1 M €1,1 M €1,1 M €1,2 M €1,2 M €1,3 M €1,3 M €1,3 M €1,4 M €
Cash230,1 k €91,8 k €98,8 k €100,4 k €181,9 k €197,3 k €264,5 k €291,1 k €5,7 k €7,7 k €1,3 k €4,9 k €8,6 k €12,7 k €3,3 k €6,8 k €11,5 k €19,7 k €
Debts538,1 k €464,9 k €685,7 k €752,3 k €521,5 k €541,4 k €614,1 k €678,5 k €761 k €831,2 k €902,9 k €964,7 k €1 M €1,1 M €1,2 M €1,2 M €1,3 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 4 ended

Active mandates

CAREMMCO

Director · since 02 décembre 2024 · 0457.470.014

Represented by Marc MICHIELS

Active
Marc Michiels

Mandate

Active
Rita De Bruycker

Director

Active

Ended mandates

MARC MICHIELS

Director · since 10 septembre 2008

Ended
RITA DE BRUYCKER

Managing director · since 10 septembre 2008

Ended
MARC MICHIELS

Director

Ended
RITA DE BRUUCKER

Managing director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/12/202510/02/202528/09/202317/10/202213/01/202217/11/2020
General meeting16/12/202502/12/202427/09/202317/10/202211/01/202206/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202416/12/202518/12/2025DutchPDF
Micro model31/12/202302/12/202410/02/2025DutchPDF
Micro model31/12/202227/09/202328/09/2023DutchPDF
Micro model31/12/202117/10/202217/10/2022DutchPDF
Micro model31/12/202011/01/202213/01/2022DutchPDF
Micro model31/12/201906/11/202017/11/2020DutchPDF
Micro model31/12/201826/11/201929/11/2019DutchPDF
Micro model31/12/201712/12/201813/12/2018DutchPDF
Micro model31/12/201628/08/201729/08/2017DutchPDF
Abridged model31/12/201528/09/201606/10/2016DutchPDF
Abridged model31/12/201428/09/201530/09/2015DutchPDF
Abridged model31/12/201306/08/201429/08/2014DutchPDF
Abridged model31/12/201207/08/201329/08/2013DutchPDF
Abridged model31/12/201131/10/201231/10/2012DutchPDF
Abridged model31/12/201003/11/201117/11/2011DutchPDF
Abridged model31/12/200911/10/201029/11/2010DutchPDF
Abridged model31/12/200812/10/200930/10/2009DutchPDF
Abridged model31/12/200711/12/200830/12/2008DutchPDF
Abridged model31/12/200615/10/200713/11/2007DutchPDF
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.

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 4 ended

Active mandates

CAREMMCO

Director · since 02 décembre 2024 · 0457.470.014

Represented by Marc MICHIELS

Active
Marc Michiels

Mandate

Active
Rita De Bruycker

Director

Active

Ended mandates

MARC MICHIELS

Director · since 10 septembre 2008

Ended
RITA DE BRUYCKER

Managing director · since 10 septembre 2008

Ended
MARC MICHIELS

Director

Ended
RITA DE BRUUCKER

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2002
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202448,9 k €
  2. 2023
    Annual accounts 20233,6 k €
  3. 2022
    Annual accounts 20228,2 k €
  4. 2021
    Annual accounts 202118,2 k €
  5. 2020
    Annual accounts 202017,1 k €
  6. 2019
    Annual accounts 201926,6 k €
  7. 2018
    Annual accounts 201816,4 k €
  8. 2017
    Annual accounts 2017146,5 k €
  9. 2016
    Annual accounts 201623,9 k €
  10. 2015
    Annual accounts 201519,6 k €
  11. 2014
    Annual accounts 20142,6 k €
  12. 2013
    Annual accounts 20136,2 k €
  13. 2012
    Annual accounts 201211,2 k €
  14. 2011
    Annual accounts 201111,1 k €
  15. 2010
    Annual accounts 20109,6 k €
  16. 2009
    Annual accounts 2009-2,7 k €
  17. 2008
    Annual accounts 20086,7 k €
  18. 2007
    Annual accounts 20075,4 k €
  19. 24/06/1996
    IncorporationPublic limited company