ACTIVE

MAREC

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Financial year 2025 · Closed on 31/12/2025

Net result380 k €-37,4 %over 1 year
Revenue2,4 M €+0,8 %over 1 year
Equity2,6 M €+15,5 %over 1 year
Workforce9,8 ETP+88,5 %over 1 year

Identity

Source · BCE/KBO

MAREC is a Services provider organization, Flemish Region incorporated in 2001. Its main activity is: Operation of sports facilities. Its registered office is in Kinrooi. It employs on average 9,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.936.933
Incorporation
24/10/2001
Legal form
Services provider organization, Flemish Region
Registered office
Maasdijk (Oph) 1 box 3
3640 Kinrooi · FlandreSee on map
Contributed capital
375 000,00 €
Latest accounts
31/12/2025
Average workforce
9,8 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue2,4 M €2,4 M €2,4 M €2,2 M €1,9 M €
EBITDA803,5 k €1,1 M €740,5 k €543,1 k €325,3 k €
Operating result465,9 k €756,8 k €388,7 k €164,5 k €-45 k €
Net result380 k €607,3 k €406,8 k €172,8 k €-64,4 k €
Balance sheet
Equity2,6 M €2,2 M €1,7 M €1,3 M €1,1 M €
Total assets6,1 M €5,9 M €5,5 M €5,4 M €5,4 M €
Cash689,6 k €863,3 k €431,3 k €537,1 k €351,3 k €
Debts3,1 M €3,2 M €3,4 M €3,6 M €3,8 M €
Other
Workforce9,8 ETP5,2 ETP5,6 ETP7,3 ETP7,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
André WILLEN
Director23/03/2007 → 12/03/2031
Daan WETZELS
Chairman of the board of directors12/03/2025 → 12/03/2031
Esther BRANDS
Director12/03/2025 → 12/03/2031
Hilde VERMEULEN
Director12/03/2025 → 12/03/2031
Johan TOLLENAERE
Director12/03/2025 → 12/03/2031Vice-chairman of the board of directors19/03/2019 → 2023 accountsended
Robert DIRKX
Vice-chairman of the board of directors12/03/2025 → 12/03/2031Director18/03/2013 → 2023 accountsended
Wim SWENNEN
Director12/03/2025 → 12/03/2031Chairman of the board of directors19/03/2019 → 2023 accountsended
Yentl RAEMEN
Director12/03/2025 → 12/03/2031
Frank GOOSSENS
Director23/06/2021 → 19/03/2025
Hubert BROUNS
Deskundige19/03/2019 → 19/03/2025Mandate25/06/2013 → 2017 accountsended
Johanna Veugelaers
Director19/03/2019 → 19/03/2025
Maddy PEETERS
Director19/03/2019 → 19/03/2025
Tim VANDEWINKEL
Director19/03/2019 → 19/03/2025
Wilhelmina Franssen
Director19/03/2019 → 19/03/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Raets Marcel
Director19/03/2019 → 2019 accounts
Gilbert Keuren
Director07/02/2017 → 2017 accounts
Pierre Verheyden
Directorlisted until the 2015 accounts

Other companies at this address

Maasdijk (Oph) 1 3640 Kinrooi
CompanyCBE no.
A.C. HOLDING● Active
0808.631.689
CASA MOSA● Active
0864.550.211
IMMOVEST● Active
0554.679.058
Intercommunale Maatschappij voor Ruimtelijke Ontwikkeling in Limburg● Liquidation
0201.311.028
Maaslandse Recreatiecentra● Active
0420.462.039
RTG Industrieelektronik en Dataprocessing● Active
0451.231.528
SAILCENTER LIMBURG● Active
0866.824.365
Zeilvereniging Noord - Limburg - Maas● Active
0416.069.919

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date07/07/202609/07/202522/07/202413/07/202308/07/202212/07/2021
General meeting17/06/202625/06/202526/06/202421/06/202322/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202607/07/2026DutchPDF
Full model31/12/202425/06/202509/07/2025DutchPDF
Full model31/12/202326/06/202422/07/2024DutchPDF
Full model31/12/202221/06/202313/07/2023DutchPDF
Full model31/12/202122/06/202208/07/2022DutchPDF
Full model31/12/202023/06/202112/07/2021DutchPDF
Full model31/12/201917/06/202015/07/2020DutchPDF
Full model31/12/201826/06/201908/07/2019DutchPDF
Full model31/12/201726/06/201817/07/2018DutchPDF
Full model31/12/201627/06/201704/07/2017DutchPDF
Full model31/12/201521/06/201625/07/2016DutchPDF
Full model31/12/201417/06/201525/06/2015DutchPDF
Full model31/12/201325/06/201426/06/2014DutchPDF
Full model31/12/201225/06/201301/08/2013DutchPDF
Full model31/12/201126/06/201206/07/2012DutchPDF
Full model31/12/201023/06/201108/07/2011DutchPDF
Full model31/12/200924/06/201014/07/2010DutchPDF
Full model31/12/200825/06/200917/07/2009DutchPDF
Full model31/12/200726/06/200818/07/2008DutchPDF
Full model31/12/200627/06/200705/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
André WILLEN
Director23/03/2007 → 12/03/2031
Daan WETZELS
Chairman of the board of directors12/03/2025 → 12/03/2031
Esther BRANDS
Director12/03/2025 → 12/03/2031
Hilde VERMEULEN
Director12/03/2025 → 12/03/2031
Johan TOLLENAERE
Director12/03/2025 → 12/03/2031Vice-chairman of the board of directors19/03/2019 → 2023 accountsended
Robert DIRKX
Vice-chairman of the board of directors12/03/2025 → 12/03/2031Director18/03/2013 → 2023 accountsended
Wim SWENNEN
Director12/03/2025 → 12/03/2031Chairman of the board of directors19/03/2019 → 2023 accountsended
Yentl RAEMEN
Director12/03/2025 → 12/03/2031
Frank GOOSSENS
Director23/06/2021 → 19/03/2025
Hubert BROUNS
Deskundige19/03/2019 → 19/03/2025Mandate25/06/2013 → 2017 accountsended
Johanna Veugelaers
Director19/03/2019 → 19/03/2025
Maddy PEETERS
Director19/03/2019 → 19/03/2025
Tim VANDEWINKEL
Director19/03/2019 → 19/03/2025
Wilhelmina Franssen
Director19/03/2019 → 19/03/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Raets Marcel
Director19/03/2019 → 2019 accounts
Gilbert Keuren
Director07/02/2017 → 2017 accounts
Pierre Verheyden
Directorlisted until the 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Hilde VERMEULEN
Robert DIRKX
Johan TOLLENAERE
André WILLEN
Daan WETZELS
Esther BRANDS
Wim SWENNEN
Yentl RAEMEN
Frank GOOSSENS
Johanna VEUGELAERS
Tim VANDEWINKEL
Wilhelmina FRANSSEN
2001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
MAREC
Maasdijk (Oph) 1 bte 3, 3640 Kinrooi
Director
Vice-chairman of the board of directorsDirector
DirectorVice-chairman of the board of directors
Director
Chairman of the board of directors
Director
DirectorChairman of the board of directors
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Maasdijk (Oph) 1 bte 3, 3640 KinrooiCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00260436

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MARECCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00260436

Events

  1. 2025
    Annual accounts 2025380 k €↓
  2. 2024
    Annual accounts 2024607,3 k €↑
  3. 2023
    Annual accounts 2023406,8 k €↑
  4. 2022
    Annual accounts 2022172,8 k €↑
  5. 2021
    Annual accounts 2021-64,4 k €↓
  6. 2019
    Annual accounts 201922,7 k €↑
  7. 2018
    Annual accounts 2018-174,6 k €↓
  8. 2017
    Annual accounts 20171 k €↓
  9. 2016
    Annual accounts 201633,3 k €↑
  10. 2015
    Annual accounts 20151,4 k €↓
  11. 2014
    Annual accounts 2014204,3 k €↑
  12. 2013
    Annual accounts 201319,7 k €↓
  13. 2012
    Annual accounts 201230,4 k €↑
  14. 2011
    Annual accounts 201125,2 k €↑
  15. 2010
    Annual accounts 20106,7 k €↑
  16. 2009
    Annual accounts 20091,3 k €↓
  17. 2008
    Annual accounts 200824,7 k €↑
  18. 2007
    Annual accounts 200715,8 k €↓
  19. 2006
    Annual accounts 200620,3 k €
  20. 24/10/2001
    IncorporationServices provider organization, Flemish Region