ACTIVE

MAARS BeLux

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Financial year 2025 · closed on 31/12/2025

Net result

101,5 k €

+16.7% YoY

Revenue

7,3 M €

+35.7% YoY

Equity

994,8 k €

+11.4% YoY

Workforce

11,6 ETP

+8.4% YoY

What does MAARS BeLux do?

MAARS BeLux is a Public limited company incorporated in 1999. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Mechelen. It employs on average 11,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.510.810

Incorporation

09/07/1999

Legal form

Public limited company

Registered office

Battelsesteenweg 455B
2800 Mechelen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

11,6 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+6

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

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
Revenue	7,3 M €	+35.7%	5,4 M €	+6.2%	5 M €	-28.7%	7,1 M €	+39.0%	5,1 M €	-33.9%	7,7 M €	+4.7%	7,4 M €	+0.5%	7,3 M €	-7.0%	7,9 M €	+46.6%	5,4 M €	-24.9%	7,1 M €	-12.2%	8,1 M €	-3.9%	8,5 M €	+21.0%	7 M €	-9.6%	7,7 M €	+33.7%	5,8 M €	-8.0%	6,3 M €	-8.0%	6,8 M €	-2.2%	7 M €	+41.0%	5 M €
EBITDA	196,7 k €	+33.0%	147,9 k €	+11794%	-1,3 k €	-100%	323,8 k €	+423%	-100,1 k €	+27.3%	-137,7 k €	-156%	245 k €	-45.0%	445,2 k €	-16.7%	534,4 k €	+306%	131,7 k €	-10.9%	147,9 k €	-67.8%	458,7 k €	-52.2%	959,9 k €	+118%	440,5 k €	-42.9%	771,1 k €	+44.9%	532,1 k €	-17.0%	640,7 k €	+6.0%	604,5 k €	-21.2%	767,1 k €	+182%	272,3 k €
Operating result	151,4 k €	+50.6%	100,6 k €	+241%	-71,3 k €	-123%	306,2 k €	+246%	-209,6 k €	-35.7%	-154,5 k €	-183%	185,7 k €	-56.1%	423,1 k €	-23.0%	549,6 k €	+364%	118,4 k €	+8.8%	108,9 k €	-78.0%	495,2 k €	-42.0%	854,3 k €	+108%	411,1 k €	-44.2%	736,2 k €	+56.2%	471,2 k €	-17.7%	572,6 k €	-1.5%	581,1 k €	-21.9%	744,1 k €	+193%	253,9 k €
Net result	101,5 k €	+16.7%	86,9 k €	+222%	-71,4 k €	-124%	300,2 k €	+241%	-212,8 k €	-10.7%	-192,2 k €	-255%	123,7 k €	-59.6%	305,9 k €	-13.9%	355,1 k €	+500%	59,2 k €	-17.5%	71,7 k €	-76.7%	307,9 k €	-45.3%	562,8 k €	+175%	204,8 k €	-57.7%	484,1 k €	+55.3%	311,6 k €	-22.3%	401,2 k €	-5.0%	422,3 k €	-17.8%	513,7 k €	+199%	171,9 k €
Balance sheet
Equity	994,8 k €	+11.4%	893,4 k €	-19.3%	1,1 M €	-6.1%	1,2 M €	+34.2%	877,6 k €	-19.5%	1,1 M €	-21.1%	1,4 M €	+9.8%	1,3 M €	+9.2%	1,2 M €	+44.5%	797,9 k €	+8.0%	738,7 k €	+10.8%	667 k €	+9.5%	609,1 k €	+22.7%	496,3 k €	+1.0%	491,5 k €	-3.1%	507,4 k €	+2.3%	495,7 k €	-16.6%	594,6 k €	-11.6%	672,3 k €	+2.1%	658,6 k €
Total assets	2,6 M €	+33.5%	1,9 M €	-8.2%	2,1 M €	-20.4%	2,6 M €	+25.5%	2,1 M €	-20.5%	2,6 M €	-41.2%	4,5 M €	+35.0%	3,3 M €	+26.0%	2,6 M €	+31.1%	2 M €	-24.3%	2,7 M €	-11.8%	3 M €	+9.5%	2,8 M €	+1.9%	2,7 M €	+12.0%	2,4 M €	-5.2%	2,5 M €	-0.7%	2,6 M €	-8.5%	2,8 M €	-2.4%	2,9 M €	+19.0%	2,4 M €
Cash	457,9 k €	+32.1%	346,6 k €	+248%	99,6 k €	-56.8%	230,4 k €	-43.8%	409,7 k €	+224%	126,5 k €	-74.2%	489,7 k €	+130%	212,9 k €	-70.1%	711,6 k €	+88.2%	378,1 k €	-16.6%	453,4 k €	-24.7%	602,1 k €	-9.9%	668 k €	+11.5%	598,8 k €	-11.2%	674 k €	+95.7%	344,4 k €	-67.9%	1,1 M €	-27.2%	1,5 M €	+2099%	67 k €	-62.2%	177,3 k €
Debts	1,6 M €	+52.4%	1 M €	+4.5%	988,9 k €	-31.8%	1,4 M €	+18.8%	1,2 M €	-19.6%	1,5 M €	-50.6%	3,1 M €	+50.9%	2 M €	+39.7%	1,5 M €	+27.9%	1,1 M €	-39.3%	1,9 M €	-17.9%	2,3 M €	+10.3%	2,1 M €	-1.0%	2,1 M €	+10.1%	1,9 M €	-5.9%	2 M €	-2.2%	2,1 M €	-6.5%	2,2 M €	+0.5%	2,2 M €	+25.4%	1,8 M €
Other
Workforce	11,6 ETP	+8.4%	10,7 ETP	-11.6%	12,1 ETP	-16.6%	14,5 ETP	-7.1%	15,6 ETP	+13.0%	13,8 ETP	+2.2%	13,5 ETP	+0.7%	13,4 ETP	-11.3%	15,1 ETP	-6.2%	16,1 ETP	-5.3%	17,0 ETP	-6.6%	18,2 ETP	+0.6%	18,1 ETP	+1.1%	17,9 ETP	+7.8%	16,6 ETP	+4.4%	15,9 ETP	0.0%	15,9 ETP	+6.0%	15,0 ETP	+11.1%	13,5 ETP	+15.4%	11,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 32 ended

Active mandates

Maars Holding BO

Managing director · since 31 mars 2023 · until 02 juin 2029

Represented by Menno de Vries

Active

Ended mandates

Jansen Building Projects

Director · since 27 juin 2017 · until 02 juin 2023 · 0412.003.045

Represented by Nadia Jansen

Ended

JANSEN INTERNAL SERVICES

Chairman of the board of directors · since 27 juin 2017 · until 02 juin 2023 · 0429.348.130

Represented by Nadia Jansen

Ended

Maars Holding BO

Managing director · since 27 juin 2017 · until 02 juin 2023

Represented by Menno de Vries

Ended

Maars Holding BO

Managing director · since 27 juin 2017 · until 02 juin 2029

Represented by Menno de Vries

Ended

At this address

Other companies at this address

Company	CBE no.
BROCADE COMMUNICATIONS SYSTEMS BELGIUM● Active	0860.277.162
GROUP-IPS● Active	0880.441.977
OD Tandartsen● Active	0835.366.671

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	06/07/2026	02/07/2025	21/10/2024	31/08/2023	01/02/2023	08/07/2021
General meeting	26/06/2026	27/06/2025	04/10/2024	29/08/2023	21/12/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	02/07/2025	Dutch	PDF
Full model	31/12/2023	04/10/2024	21/10/2024	Dutch	PDF
Full model	31/12/2022	29/08/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	21/12/2022	01/02/2023	Dutch	PDF
Full model	31/12/2020	30/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	10/07/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	26/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	12/07/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	28/08/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	09/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	08/07/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	09/07/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	25/06/2007	Dutch	PDF

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.

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 · 32 ended

Active mandates

Maars Holding BO

Managing director · since 31 mars 2023 · until 02 juin 2029

Represented by Menno de Vries

Active

Ended mandates

Jansen Building Projects

Director · since 27 juin 2017 · until 02 juin 2023 · 0412.003.045

Represented by Nadia Jansen

Ended

JANSEN INTERNAL SERVICES

Chairman of the board of directors · since 27 juin 2017 · until 02 juin 2023 · 0429.348.130

Represented by Nadia Jansen

Ended

Maars Holding BO

Managing director · since 27 juin 2017 · until 02 juin 2023

Represented by Menno de Vries

Ended

Maars Holding BO

Managing director · since 27 juin 2017 · until 02 juin 2029

Represented by Menno de Vries

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other29/12/2023
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates09/06/2023
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates30/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2019
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

2025
Annual accounts 2025101,5 k €↑
2024
Annual accounts 202486,9 k €↑
2023
Annual accounts 2023-71,4 k €↓
2022
Annual accounts 2022300,2 k €↑
2022
Name changeMAARS Belux
2021
Annual accounts 2021-212,8 k €↓
2020
Annual accounts 2020-192,2 k €↓
2019
Annual accounts 2019123,7 k €↓
2018
Annual accounts 2018305,9 k €↓
2018
Name changeMaars Jansen Living Walls
2017
Annual accounts 2017355,1 k €↑
2016
Annual accounts 201659,2 k €↓
2015
Annual accounts 201571,7 k €↓
2014
Annual accounts 2014307,9 k €↓
2013
Annual accounts 2013562,8 k €↑
2012
Annual accounts 2012204,8 k €↓
2011
Annual accounts 2011484,1 k €↑
2010
Annual accounts 2010311,6 k €↓
2009
Annual accounts 2009401,2 k €↓
2008
Annual accounts 2008422,3 k €↓
2008
Name changeMAARS JANSEN PARTITIONING SYSTEMS
2007
Annual accounts 2007513,7 k €↑
2006
Annual accounts 2006171,9 k €
2006
Name changeMAARS JANSEN CONCEPTS
09/07/1999
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MAARS BeLux

Overview

What does MAARS BeLux do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline