ACTIVE

MARE

Financial year 2025 · closed on 31/12/2025
Net result
1,3 k €
+179.5% YoY
Gross margin
2,2 k €
-3.7% YoY
Equity
32,2 k €
+4.1% YoY

What does MARE do?

MARE is a Private company with limited liability incorporated in 1998. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.892.996
Incorporation
24/07/1998
Legal form
Private company with limited liability
Registered office
Breestraat 8
3500 Hasselt · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201120102009200820072006
Income statement
Gross margin2,2 k €2,3 k €1,5 k €1,4 k €758,3 €1,7 k €2,1 k €1,8 k €2,3 k €3,6 k €3,8 k €4,2 k €4,4 k €8,1 k €8 k €7,2 k €7,8 k €8,1 k €8,5 k €
EBITDA1,7 k €1 k €1 k €1 k €351,5 €1,2 k €1,2 k €909 €1,4 k €2,8 k €3,4 k €3,5 k €3 k €7 k €6,9 k €6,2 k €6,9 k €7,4 k €7,4 k €
Operating result1,7 k €1 k €1 k €1 k €351,5 €1,2 k €1,2 k €909 €1,4 k €1,5 k €2,1 k €2,1 k €1,7 k €4,1 k €4 k €3,8 k €4,4 k €4,9 k €5 k €
Net result1,3 k €454,7 €701,3 €782,4 €106,7 €411 €188 €319 €250 €200 €338 €149 €-466 €1,6 k €2 k €859 €817 €1,5 k €631 €
Balance sheet
Equity32,2 k €30,9 k €30,5 k €29,8 k €29 k €28,9 k €28,5 k €28,3 k €28 k €27,7 k €27,5 k €27,2 k €27 k €27,7 k €26 k €24,1 k €23,2 k €22,4 k €20,9 k €
Total assets72,8 k €73 k €74,6 k €74,8 k €74,3 k €73,1 k €73 k €73,3 k €73 k €72,8 k €74,3 k €75,5 k €76,8 k €76,2 k €86,3 k €72,8 k €74,6 k €77 k €80 k €
Cash18,4 €1,8 k €1,9 k €1,5 k €218 €169 €480 €129 €5 €121 €24 €9 €1,2 k €8,4 k €736 €99 €37 €621 €
Debts40,6 k €41,6 k €44,2 k €45 k €45,4 k €44,2 k €44,5 k €45 k €45 k €45,1 k €46,8 k €48,3 k €49,8 k €48,6 k €60,2 k €48,7 k €51,4 k €54,6 k €59,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Marleen Vlayen

Mandate

Active

Ended mandates

MARLEEN VLAYEN

Administrator - manager

Ended
MARLEEN VLAYEN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202629/08/202504/02/202504/02/202503/02/202516/07/2021
General meeting22/05/202623/05/202524/05/202426/05/202327/05/202218/03/2021
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 model31/12/202522/05/202626/08/2026DutchPDF
Micro model31/12/202423/05/202529/08/2025DutchPDF
Micro model31/12/202324/05/202404/02/2025DutchPDF
Micro model31/12/202226/05/202304/02/2025DutchPDF
Micro model31/12/202127/05/202203/02/2025DutchPDF
Micro model31/12/202018/03/202116/07/2021DutchPDF
Micro model31/12/201921/05/202011/08/2020DutchPDF
Micro model31/12/201821/05/201929/10/2019DutchPDF
Micro model31/12/201721/05/201803/08/2018DutchPDF
Abridged model31/12/201621/05/201731/07/2017DutchPDF
Abridged model31/12/201521/05/201629/07/2016DutchPDF
Abridged model31/12/201421/05/201531/08/2015DutchPDF
Abridged model31/12/201321/05/201430/08/2014DutchPDF
Abridged model31/12/201121/05/201231/12/2012DutchPDF
Abridged model31/12/201020/05/201105/09/2011DutchPDF
Abridged model31/12/200921/05/201031/07/2010DutchPDF
Abridged model31/12/200822/05/200928/08/2009DutchPDF
Abridged model31/12/200723/05/200826/08/2008DutchPDF
Abridged model31/12/200625/05/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 2 ended

Active mandates

Marleen Vlayen

Mandate

Active

Ended mandates

MARLEEN VLAYEN

Administrator - manager

Ended
MARLEEN VLAYEN

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,3 k €
  2. 2024
    Annual accounts 2024454,7 €
  3. 2023
    Annual accounts 2023701,3 €
  4. 2022
    Annual accounts 2022782,4 €
  5. 2021
    Annual accounts 2021106,7 €
  6. 2020
    Annual accounts 2020411 €
  7. 2019
    Annual accounts 2019188 €
  8. 2018
    Annual accounts 2018319 €
  9. 2017
    Annual accounts 2017250 €
  10. 2016
    Annual accounts 2016200 €
  11. 2015
    Annual accounts 2015338 €
  12. 2014
    Annual accounts 2014149 €
  13. 2013
    Annual accounts 2013-466 €
  14. 2011
    Annual accounts 20111,6 k €
  15. 2010
    Annual accounts 20102 k €
  16. 2009
    Annual accounts 2009859 €
  17. 2008
    Annual accounts 2008817 €
  18. 2007
    Annual accounts 20071,5 k €
  19. 2006
    Annual accounts 2006631 €
  20. 24/07/1998
    IncorporationPrivate company with limited liability