ACTIVE

MAORI

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Financial year 2026 · closed on 31/03/2026

Net result

23,4 k €

+16.9% YoY

Gross margin

88,8 k €

+4.2% YoY

Equity

158,3 k €

-0.3% YoY

What does MAORI do?

MAORI is a Private company with limited liability incorporated in 2000. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Stavelot.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.104.929

Incorporation

23/10/2000

Legal form

Private company with limited liability

Registered office

Rue Marlennes 6
4970 Stavelot · WallonieSee on map

Contributed capital

12 394,68 €

Latest accounts

31/03/2026

Activities (NACE)

47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main 47279Retail sale of food, beverages and tobacco in specialised stores 47299Other retail sale of food in specialised stores 46360Wholesale of sugar and chocolate and sugar confectionery 46370Wholesale of coffee, tea, cocoa and spices 47279Retail sale of food, beverages and tobacco in specialised stores

Contacts

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Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	88,8 k €	+4.2%	85,1 k €	+21.7%	70 k €	+29.4%	54,1 k €	-13.1%	62,2 k €	-17.1%	75 k €	+102%	37,2 k €	+31.7%	28,2 k €	+60.3%	17,6 k €	+63.5%	10,8 k €	+27.5%	8,5 k €	+176%	3,1 k €	+142%	-7,2 k €	-382%	2,6 k €	-66.2%	7,6 k €	-11.7%	8,6 k €	-58.7%	20,8 k €	+10.8%	18,8 k €	+42.0%	13,2 k €	+220%	4,1 k €
EBITDA	40,1 k €	+20.6%	33,3 k €	-2.1%	34 k €	+35.7%	25 k €	-25.2%	33,5 k €	-39.9%	55,7 k €	+173%	20,4 k €	+38.4%	14,7 k €	+38.2%	10,7 k €	+27.3%	8,4 k €	+10.2%	7,6 k €	+226%	2,3 k €	+129%	-8 k €	-522%	1,9 k €	-71.6%	6,7 k €	-14.9%	7,9 k €	-60.6%	20 k €	+9.4%	18,3 k €	+42.2%	12,9 k €	+240%	3,8 k €
Operating result	29,6 k €	+18.7%	24,9 k €	-2.3%	25,5 k €	+46.4%	17,4 k €	-36.6%	27,5 k €	-49.2%	54,1 k €	+189%	18,7 k €	+43.7%	13 k €	+33.5%	9,8 k €	+36.4%	7,2 k €	+12.1%	6,4 k €	+505%	1,1 k €	+112%	-8,8 k €	-260%	-2,4 k €	-194%	2,6 k €	-52.8%	5,5 k €	-63.0%	14,9 k €	+13.6%	13,1 k €	+9.0%	12 k €	+311%	2,9 k €
Net result	23,4 k €	+16.9%	20,1 k €	+4.2%	19,2 k €	+54.2%	12,5 k €	-42.8%	21,8 k €	-43.2%	38,4 k €	+156%	15 k €	+38.9%	10,8 k €	+41.2%	7,7 k €	+36.4%	5,6 k €	+4.2%	5,4 k €	+328%	1,3 k €	+115%	-8,6 k €	-266%	-2,3 k €	-223%	1,9 k €	-52.7%	4 k €	-54.4%	8,8 k €	-5.7%	9,4 k €	-4.9%	9,8 k €	+264%	2,7 k €
Balance sheet
Equity	158,3 k €	-0.3%	158,8 k €	+10.5%	143,7 k €	+14.7%	125,3 k €	+10.3%	113,6 k €	+18.9%	95,5 k €	+59.0%	60,1 k €	+33.3%	45,1 k €	+31.6%	34,3 k €	+28.8%	26,6 k €	+26.8%	21 k €	+34.6%	15,6 k €	+8.8%	14,3 k €	-37.5%	22,9 k €	-9.3%	25,3 k €	+1.2%	25 k €	+10.8%	22,6 k €	-28.9%	31,7 k €	+32.5%	23,9 k €	+69.8%	14,1 k €
Total assets	186 k €	+3.8%	179,1 k €	+8.7%	164,8 k €	+11.1%	148,4 k €	+2.5%	144,8 k €	+29.4%	111,9 k €	+74.7%	64 k €	+29.2%	49,6 k €	+21.5%	40,8 k €	+31.1%	31,1 k €	+32.6%	23,5 k €	+24.5%	18,8 k €	-6.9%	20,2 k €	-19.4%	25,1 k €	-19.3%	31,1 k €	-9.2%	34,3 k €	-38.8%	55,9 k €	+25.9%	44,4 k €	+47.1%	30,2 k €	+81.7%	16,6 k €
Cash	87,6 k €	-6.3%	93,5 k €	+24.7%	74,9 k €	+48.4%	50,5 k €	+0.1%	50,4 k €	-12.3%	57,5 k €	+199%	19,2 k €	+81.3%	10,6 k €	+8.8%	9,7 k €	+80.1%	5,4 k €	+26.0%	4,3 k €	+90.2%	2,3 k €	+67.9%	1,3 k €	-58.6%	3,2 k €	+356%	713 €	+17.5%	606,7 €	-77.5%	2,7 k €	+733%	323,7 €	-76.3%	1,4 k €	-54.7%	3 k €
Debts	27,7 k €	+36.3%	20,4 k €	-3.5%	21,1 k €	-8.6%	23,1 k €	-26.0%	31,2 k €	+91.0%	16,3 k €	+316%	3,9 k €	-12.4%	4,5 k €	-31.2%	6,5 k €	+44.3%	4,5 k €	+82.6%	2,5 k €	-24.0%	3,3 k €	-43.9%	5,8 k €	+172%	2,1 k €	-60.4%	5,4 k €	-40.4%	9 k €	-72.9%	33,4 k €	+163%	12,7 k €	+104%	6,2 k €	+147%	2,5 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 31/03/2026 · 1 active · 4 ended

Active mandates

Daniel SARLETTE

Director

Active

Ended mandates

Daniel SARLETTE

Director · since 06 septembre 2023

Ended

Daniel SARLETTE

Director · since 12 octobre 2001

Ended

Daniel, Henri, Hubert SARLETTE

Director · since 12 octobre 2001

Ended

Daniel, Henri, Hubert SARLETTE

Manager · since 12 octobre 2001

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/08/2026	24/09/2025	26/09/2024	21/09/2023	05/10/2022	22/09/2021
General meeting	22/06/2026	20/09/2025	21/09/2024	16/09/2023	17/09/2022	18/09/2021
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
Micro model	31/03/2026	22/06/2026	17/08/2026	French	PDF
Micro model	31/03/2025	20/09/2025	24/09/2025	French	PDF
Micro model	31/03/2024	21/09/2024	26/09/2024	French	PDF
Micro model	31/03/2023	16/09/2023	21/09/2023	French	PDF
Micro model	31/03/2022	17/09/2022	05/10/2022	French	PDF
Micro model	31/03/2021	18/09/2021	22/09/2021	French	PDF
Micro model	31/03/2020	19/09/2020	21/10/2020	French	PDF
Micro model	31/03/2019	21/09/2019	24/09/2019	French	PDF
Micro model	31/03/2018	15/09/2018	18/09/2018	French	PDF
Micro model	31/03/2017	16/09/2017	28/09/2017	French	PDF
Abridged model	31/03/2016	17/09/2016	29/09/2016	French	PDF
Abridged model	31/03/2015	19/09/2015	21/09/2015	French	PDF
Abridged model	31/03/2014	20/09/2014	30/09/2014	French	PDF
Abridged model	31/03/2013	21/09/2013	31/10/2013	French	PDF
Abridged model	31/03/2012	15/09/2012	28/09/2012	French	PDF
Abridged model	31/03/2011	17/09/2011	30/09/2011	French	PDF
Abridged model	31/03/2010	18/09/2010	03/11/2010	French	PDF
Abridged model	31/03/2009	19/09/2009	23/09/2009	French	PDF
Abridged model	31/03/2008	20/09/2008	13/10/2008	French	PDF
Abridged model	31/03/2007	15/09/2007	17/09/2007	French	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 31/03/2026 · 1 active · 4 ended

Active mandates

Daniel SARLETTE

Director

Active

Ended mandates

Daniel SARLETTE

Director · since 06 septembre 2023

Ended

Daniel SARLETTE

Director · since 12 octobre 2001

Ended

Daniel, Henri, Hubert SARLETTE

Director · since 12 octobre 2001

Ended

Daniel, Henri, Hubert SARLETTE

Manager · since 12 octobre 2001

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office06/11/2013
SIEGE SOCIAL
PDF
Mandates07/12/2012
DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office14/09/2006
SIEGE SOCIAL
PDF
Mandates05/12/2002
DEMISSIONS, NOMINATIONS
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

2026
Annual accounts 202623,4 k €↑
2025
Annual accounts 202520,1 k €↑
2024
Annual accounts 202419,2 k €↑
2023
Annual accounts 202312,5 k €↓
2022
Annual accounts 202221,8 k €↓
2021
Annual accounts 202138,4 k €↑
2020
Annual accounts 202015 k €↑
2019
Annual accounts 201910,8 k €↑
2018
Annual accounts 20187,7 k €↑
2017
Annual accounts 20175,6 k €↑
2016
Annual accounts 20165,4 k €↑
2015
Annual accounts 20151,3 k €↑
2014
Annual accounts 2014-8,6 k €↓
2013
Annual accounts 2013-2,3 k €↓
2012
Annual accounts 20121,9 k €↓
2011
Annual accounts 20114 k €↓
2010
Annual accounts 20108,8 k €↓
2009
Annual accounts 20099,4 k €↓
2008
Annual accounts 20089,8 k €↑
2007
Annual accounts 20072,7 k €
23/10/2000
IncorporationPrivate company with limited liability

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

MAORI

Overview

What does MAORI 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