MARO
0471.925.685 · rovalta.com · 21/09/2026
ACTIVE
MARO
Financial year 2025 · closed on 31/12/2025
Net result
9,7 k €
-88.2% YoY
Gross margin
42,4 k €
-75.3% YoY
Equity
174,1 k €
+5.9% YoY
Overview
What does MARO do?
MARO is a Private limited company incorporated in 2000. Its registered office is in Hamont-Achel.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0471.925.685
Incorporation
19/05/2000
Legal form
Private limited company
Registered office
Bernard Kempplein 1A
3930 Hamont-Achel · FlandreSee on map
3930 Hamont-Achel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
- 201
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 | 42,4 k € | -75.3% | 171,5 k € | +27.2% | 134,9 k € | +12.5% | 119,9 k € | -17.7% | 145,6 k € | +2.9% | 141,6 k € | -31.0% | 205,4 k € | +7.0% | 192 k € | +16.8% | 164,3 k € | +9.0% | 150,8 k € | +3.9% | 145,1 k € | +949% | -17,1 k € | -114% | 124,4 k € | -2.5% | 127,7 k € | +15.9% | 110,1 k € | +9.5% | 100,6 k € | +6.4% | 94,5 k € | -3.3% | 97,7 k € | +1.0% | 96,7 k € | -5.5% | 102,4 k € |
| EBITDA | 15,9 k € | -82.4% | 90,2 k € | +195% | 30,5 k € | +474% | -8,2 k € | -182% | 10 k € | -62.7% | 26,8 k € | -51.7% | 55,5 k € | +74.9% | 31,7 k € | -50.8% | 64,4 k € | +1.1% | 63,7 k € | +21.9% | 52,3 k € | +149% | -106,2 k € | -305% | 51,7 k € | +2.5% | 50,4 k € | +16.0% | 43,5 k € | -4.8% | 45,6 k € | +21.7% | 37,5 k € | -8.3% | 40,9 k € | -9.9% | 45,4 k € | -7.8% | 49,2 k € |
| Operating result | 14,5 k € | -83.4% | 87 k € | +232% | 26,2 k € | +307% | -12,6 k € | -7.6% | -11,7 k € | -112% | -5,5 k € | -124% | 23,4 k € | +5680% | -419,1 € | -101% | 31,4 k € | -48.2% | 60,6 k € | +43.6% | 42,2 k € | +133% | -126,5 k € | -502% | 31,5 k € | +27.1% | 24,8 k € | +31.8% | 18,8 k € | -39.3% | 31 k € | +36.4% | 22,7 k € | -12.0% | 25,8 k € | -14.3% | 30,1 k € | -23.2% | 39,2 k € |
| Net result | 9,7 k € | -88.2% | 82,3 k € | +225% | 25,3 k € | +409% | -8,2 k € | +43.6% | -14,6 k € | -99.0% | -7,3 k € | -150% | 14,8 k € | +3261% | -467,1 € | -102% | 26,9 k € | -59.9% | 67,1 k € | +39.3% | 48,1 k € | +137% | -129,3 k € | -568% | 27,6 k € | +14.8% | 24,1 k € | +40.7% | 17,1 k € | -43.3% | 30,2 k € | +53.6% | 19,7 k € | -10.7% | 22 k € | -24.3% | 29,1 k € | -12.2% | 33,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 174,1 k € | +5.9% | 164,4 k € | +100% | 82,1 k € | +44.7% | 56,7 k € | -12.6% | 64,9 k € | -18.3% | 79,5 k € | -8.4% | 86,8 k € | +20.5% | 72 k € | -57.0% | 167,6 k € | +19.1% | 140,7 k € | +91.1% | 73,6 k € | +189% | 25,5 k € | -57.3% | 59,7 k € | -58.2% | 142,7 k € | +13.1% | 126,1 k € | +15.7% | 109 k € | +22.7% | 88,8 k € | +12.2% | 79,2 k € | +17.9% | 67,1 k € | +39.6% | 48,1 k € |
| Total assets | 318,3 k € | +5.3% | 302,2 k € | -21.2% | 383,4 k € | +8.9% | 352 k € | -7.2% | 379,3 k € | -3.7% | 393,9 k € | -8.8% | 432,1 k € | +7.4% | 402,3 k € | -3.5% | 417 k € | +51.8% | 274,8 k € | +19.9% | 229,1 k € | +17.3% | 195,3 k € | -22.7% | 252,6 k € | -2.8% | 259,9 k € | +4.9% | 247,8 k € | +45.8% | 169,9 k € | +17.2% | 145 k € | -11.6% | 163,9 k € | -1.7% | 166,7 k € | +15.4% | 144,4 k € |
| Cash | 121,2 k € | -22.1% | 155,6 k € | +1.3% | 153,7 k € | +18.2% | 130 k € | -4.5% | 136,1 k € | +8.7% | 125,2 k € | -30.8% | 180,9 k € | +49.8% | 120,8 k € | +18.2% | 102,2 k € | -14.4% | 119,4 k € | +45.0% | 82,3 k € | +5.8% | 77,9 k € | +24.5% | 62,6 k € | -23.5% | 81,8 k € | +50.4% | 54,4 k € | -7.0% | 58,4 k € | +8.5% | 53,8 k € | -23.4% | 70,3 k € | +10.5% | 63,6 k € | +15.6% | 55 k € |
| Debts | 144,2 k € | +4.7% | 137,8 k € | -54.2% | 301,1 k € | +2.2% | 294,6 k € | -5.3% | 311,2 k € | -0.6% | 313,2 k € | -9.1% | 344,5 k € | +4.3% | 330,3 k € | +32.5% | 249,3 k € | +85.9% | 134,1 k € | -13.6% | 155,2 k € | -8.5% | 169,6 k € | -12.1% | 192,9 k € | +64.6% | 117,2 k € | -3.7% | 121,6 k € | +107% | 58,8 k € | +6.3% | 55,3 k € | -34.7% | 84,7 k € | -14.1% | 98,7 k € | +2.4% | 96,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 3,0 ETP | +3.4% | 2,9 ETP | -9.4% | 3,2 ETP | +23.1% | 2,6 ETP | 0.0% | 2,6 ETP | +8.3% | 2,4 ETP | +26.3% | 1,9 ETP | -17.4% | 2,3 ETP | +4.5% | 2,2 ETP | +22.2% | 1,8 ETP | -18.2% | 2,2 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 · 3 active · 11 ended
Active mandates
Iris Veraa
ActiveMARINA VANDUFFEL
ActiveRony Veraa
ActiveEnded mandates
Iris Veraa
EndedGERARD VERAA
EndedMARINA VANDUFFEL
EndedMarina Vanduffel
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro 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 | 10/07/2026 | 10/07/2025 | 30/08/2024 | 09/08/2023 | 25/08/2022 | 07/09/2021 |
| General meeting | 16/05/2026 | 17/05/2025 | 18/05/2024 | 20/05/2023 | 21/05/2022 | 15/05/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 16/05/2026 | 10/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 17/05/2025 | 10/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/05/2024 | 30/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 20/05/2023 | 09/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/05/2022 | 25/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 15/05/2021 | 07/09/2021 | Dutch | |
| Micro model | 31/12/2019 | 16/05/2020 | 29/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 18/05/2019 | 05/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 19/05/2018 | 24/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/05/2017 | 26/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/05/2016 | 22/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/05/2015 | 27/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 17/05/2014 | 05/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 18/05/2013 | 30/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 19/05/2012 | 07/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 21/05/2011 | 28/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 20/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 16/05/2009 | 01/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 17/05/2008 | 17/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 18/05/2007 | 26/07/2007 | 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 · 3 active · 11 ended
Active mandates
Iris Veraa
ActiveMARINA VANDUFFEL
ActiveRony Veraa
ActiveEnded mandates
Iris Veraa
EndedGERARD VERAA
EndedMARINA VANDUFFEL
EndedMarina Vanduffel
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/02/2025MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates09/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Capital / shares23/04/2018KAPITAAL - AANDELEN
- Capital / shares25/03/2014KAPITAAL - AANDELEN
- Mandates02/01/2014ONTSLAGEN - BENOEMINGEN
- Mandates27/10/2011MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares12/12/2005ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates27/08/2003ONTSLAGEN - BENOEMINGEN
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 20259,7 k €↓
- 2024Annual accounts 202482,3 k €↑
- 2023Annual accounts 202325,3 k €↑
- 2022Annual accounts 2022-8,2 k €↑
- 2021Annual accounts 2021-14,6 k €↓
- 2020Annual accounts 2020-7,3 k €↓
- 2019Annual accounts 201914,8 k €↑
- 2018Annual accounts 2018-467,1 €↓
- 2017Annual accounts 201726,9 k €↓
- 2016Annual accounts 201667,1 k €↑
- 2015Annual accounts 201548,1 k €↑
- 2014Annual accounts 2014-129,3 k €↓
- 2013Annual accounts 201327,6 k €↑
- 2012Annual accounts 201224,1 k €↑
- 2011Annual accounts 201117,1 k €↓
- 2010Annual accounts 201030,2 k €↑
- 2009Annual accounts 200919,7 k €↓
- 2008Annual accounts 200822 k €↓
- 2007Annual accounts 200729,1 k €↓
- 2006Annual accounts 200633,1 k €
- 19/05/2000IncorporationPrivate limited company