ACTIVE

MARONO

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Financial year 2025 · closed on 31/12/2025

Net result

19,4 k €

+2.1% YoY

Revenue

59,3 k €

+4.3% YoY

Equity

439,1 k €

+4.6% YoY

What does MARONO do?

MARONO is a Public limited company incorporated in 2000. Its registered office is in Tremelo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.531.837

Incorporation

03/08/2000

Legal form

Public limited company

Registered office

Rechtestraat 34
3120 Tremelo · FlandreSee on map

Contributed capital

185 920,14 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	59,3 k €	+4.3%	56,9 k €	+7.3%	53 k €	+2.8%	51,6 k €	-0.1%	51,7 k €	-0.3%	51,8 k €	+0.3%	51,7 k €	-3.1%	53,3 k €	+6.6%	50,1 k €	-1.9%	51 k €	+10.8%	46 k €	+33.9%	34,4 k €	-0.6%	34,6 k €	-0.0%	34,6 k €	+1.3%	34,1 k €	+0.0%	34,1 k €	-4.9%	35,9 k €	+9.4%	32,8 k €	+2.9%	31,9 k €	-0.9%	32,2 k €
EBITDA	48,1 k €	+2.9%	46,8 k €	+6.3%	44 k €	+4.1%	42,3 k €	-2.4%	43,3 k €	-0.8%	43,6 k €	-1.4%	44,2 k €	+8.5%	40,8 k €	+4.1%	39,2 k €	-18.5%	48,1 k €	+19.6%	40,2 k €	+40.6%	28,6 k €	+14.1%	25 k €	-8.9%	27,5 k €	+8.2%	25,4 k €	-13.7%	29,4 k €	-2.4%	30,2 k €	+16.2%	26 k €	+4.4%	24,9 k €	+5.9%	23,5 k €
Operating result	27,3 k €	+5.2%	26 k €	+12.0%	23,2 k €	+8.1%	21,5 k €	-19.0%	26,5 k €	-1.3%	26,8 k €	-2.2%	27,5 k €	+14.4%	24 k €	+7.2%	22,4 k €	-28.4%	31,3 k €	+33.6%	23,4 k €	+14.5%	20,5 k €	+21.9%	16,8 k €	-7.9%	18,2 k €	+19.4%	15,3 k €	-19.3%	18,9 k €	-3.2%	19,5 k €	+14.5%	17,1 k €	+39.5%	12,2 k €	+18.5%	10,3 k €
Net result	19,4 k €	+2.1%	19 k €	+22.6%	15,5 k €	+22.5%	12,7 k €	-24.9%	16,9 k €	+11.4%	15,1 k €	-5.8%	16,1 k €	+26.9%	12,7 k €	+54.5%	8,2 k €	-58.2%	19,6 k €	+25.8%	15,6 k €	+11.4%	14 k €	+51.1%	9,3 k €	-14.0%	10,8 k €	+14.5%	9,4 k €	-10.5%	10,5 k €	+8.8%	9,7 k €	+24.8%	7,7 k €	+130%	3,4 k €	+6913%	48 €
Balance sheet
Equity	439,1 k €	+4.6%	419,7 k €	+4.8%	400,6 k €	+4.0%	385,1 k €	+3.4%	372,4 k €	+4.7%	355,5 k €	+4.4%	340,4 k €	+5.0%	324,3 k €	+4.1%	311,7 k €	+2.7%	303,5 k €	+6.9%	283,8 k €	+5.8%	268,2 k €	+5.5%	254,2 k €	+3.8%	245 k €	+4.6%	234,2 k €	+4.2%	224,8 k €	+4.9%	214,3 k €	+4.7%	204,6 k €	+3.9%	196,9 k €	+1.7%	193,5 k €
Total assets	566,1 k €	-0.8%	570,6 k €	-0.9%	575,8 k €	-1.7%	585,9 k €	-1.9%	597,4 k €	-1.2%	604,8 k €	-0.9%	610,5 k €	+0.0%	610,3 k €	-1.2%	617,7 k €	-1.7%	628,6 k €	-3.7%	653 k €	+7.1%	609,9 k €	+26.5%	482 k €	+33.0%	362,5 k €	+0.5%	360,8 k €	+0.2%	359,9 k €	+0.7%	357,4 k €	+0.6%	355,3 k €	+0.2%	354,6 k €	-0.9%	357,8 k €
Cash	92,3 k €	+21.4%	76 k €	+25.9%	60,4 k €	+21.5%	49,7 k €	-17.9%	60,6 k €	+18.2%	51,2 k €	+27.7%	40,1 k €	+73.3%	23,2 k €	+68.0%	13,8 k €	+74.8%	7,9 k €	-49.2%	15,5 k €	+220%	4,8 k €	-95.8%	116,4 k €	+73.1%	67,2 k €	-3.6%	69,7 k €	+16.5%	59,9 k €	+23.4%	48,5 k €	+24.5%	39 k €	+27.6%	30,5 k €	+34.7%	22,7 k €
Debts	120,6 k €	-17.1%	145,5 k €	-14.5%	170,2 k €	-12.6%	194,7 k €	-11.1%	219,2 k €	-9.7%	242,6 k €	-8.4%	264,8 k €	-7.4%	286 k €	-6.6%	306 k €	-5.9%	325,1 k €	-5.3%	343,3 k €	+1.7%	337,4 k €	+48.1%	227,8 k €	+93.8%	117,5 k €	-7.2%	126,6 k €	-6.3%	135,2 k €	-5.6%	143,2 k €	-5.0%	150,7 k €	-4.5%	157,7 k €	-4.0%	164,3 k €

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 31/12/2025 · 2 active · 5 ended

Active mandates

NORMAN VAN VLASSELAER

Mandate

Active

ROGER VAN VLASSELAER

Mandate

Active

Ended mandates

NORMAN VAN VLASSELAER

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

ROGER VAN VLASSELAER

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

Norman Van Vlasselaer

Managing director · since 03 août 2000

Ended

Roger Van Vlasselaer

Managing director · since 03 août 2000

Ended

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	02/07/2026	02/07/2025	26/06/2024	13/07/2023	30/06/2022	16/07/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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
Abridged model	31/12/2025	20/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	16/07/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	09/07/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	08/07/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	10/07/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	20/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	10/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	27/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	23/07/2007	Dutch	PDF

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 31/12/2025 · 2 active · 5 ended

Active mandates

NORMAN VAN VLASSELAER

Mandate

Active

ROGER VAN VLASSELAER

Mandate

Active

Ended mandates

NORMAN VAN VLASSELAER

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

ROGER VAN VLASSELAER

Managing director · since 16 juin 2018 · until 15 juin 2024

Ended

Norman Van Vlasselaer

Managing director · since 03 août 2000

Ended

Roger Van Vlasselaer

Managing director · since 03 août 2000

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/02/2017
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/07/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/06/2008
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 202519,4 k €↑
2024
Annual accounts 202419 k €↑
2023
Annual accounts 202315,5 k €↑
2022
Annual accounts 202212,7 k €↓
2021
Annual accounts 202116,9 k €↑
2020
Annual accounts 202015,1 k €↓
2019
Annual accounts 201916,1 k €↑
2018
Annual accounts 201812,7 k €↑
2017
Annual accounts 20178,2 k €↓
2016
Annual accounts 201619,6 k €↑
2015
Annual accounts 201515,6 k €↑
2014
Annual accounts 201414 k €↑
2013
Annual accounts 20139,3 k €↓
2012
Annual accounts 201210,8 k €↑
2011
Annual accounts 20119,4 k €↓
2010
Annual accounts 201010,5 k €↑
2009
Annual accounts 20099,7 k €↑
2008
Annual accounts 20087,7 k €↑
2007
Annual accounts 20073,4 k €↑
2006
Annual accounts 200648 €
03/08/2000
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

MARONO

Overview

What does MARONO do?

Trend over 20 financial years

Indicative valuation

Board of directors

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