ACTIVE

MAREPHAR

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Financial year 2025 · closed on 30/09/2025

Net result

17,4 k €

+18.0% YoY

Gross margin

203,2 k €

-6.4% YoY

Equity

522,7 k €

+3.2% YoY

Workforce

1,7 ETP

-10.5% YoY

What does MAREPHAR do?

MAREPHAR is a Private limited company incorporated in 2003. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Lichtervelde. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.955.109

Incorporation

07/04/2003

Legal form

Private limited company

Registered office

Astridlaan 4
8810 Lichtervelde · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

1,7 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (2)

313
31300

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	203,2 k €	-6.4%	217 k €	+10.8%	195,8 k €	-5.6%	207,4 k €	+44.7%	143,3 k €	-35.1%	221 k €	+54.0%	143,4 k €	-35.5%	222,2 k €	-0.5%	223,4 k €	+25.7%	177,8 k €	-3.2%	183,6 k €	-1.6%	186,5 k €	+8.9%	171,2 k €	+1.7%	168,4 k €	-12.8%	193,2 k €	+0.4%	192,5 k €	+13.8%	169,1 k €	+85.0%	91,4 k €
EBITDA	104,9 k €	-8.8%	115 k €	-16.1%	137,1 k €	-0.3%	137,5 k €	+394%	-46,9 k €	-131%	149,2 k €	+111%	70,8 k €	-53.5%	152,3 k €	-0.2%	152,5 k €	+61.1%	94,7 k €	-22.5%	122,2 k €	-4.1%	127,4 k €	+6.2%	120 k €	+1.4%	118,3 k €	-19.7%	147,3 k €	-5.8%	156,3 k €	+10.6%	141,3 k €	+86.9%	75,6 k €
Operating result	28,7 k €	-2.9%	29,5 k €	-36.4%	46,4 k €	-45.7%	85,5 k €	+206%	-81,1 k €	-175%	107,5 k €	+252%	30,6 k €	-72.6%	111,4 k €	+36.4%	81,7 k €	+103%	40,2 k €	-21.7%	51,3 k €	-3.3%	53,1 k €	+11.1%	47,8 k €	-7.5%	51,7 k €	-39.3%	85,1 k €	+17.6%	72,4 k €	+95.7%	37 k €	+238%	-26,8 k €
Net result	17,4 k €	+18.0%	14,7 k €	-49.9%	29,4 k €	-57.9%	70 k €	+178%	-90 k €	-244%	62,7 k €	+468%	11 k €	-82.8%	64,1 k €	+46.3%	43,8 k €	+243%	12,8 k €	-50.9%	26 k €	-4.9%	27,4 k €	+40.4%	19,5 k €	-13.7%	22,6 k €	-55.8%	51,1 k €	+11.8%	45,7 k €	+561%	6,9 k €	+112%	-58,2 k €
Balance sheet
Equity	522,7 k €	+3.2%	506,7 k €	+2.7%	493,3 k €	+6.0%	465,2 k €	+17.7%	395,3 k €	+12.4%	351,8 k €	+21.1%	290,4 k €	+3.6%	280,5 k €	+28.2%	218,8 k €	+23.4%	177,4 k €	+6.2%	167 k €	+16.5%	143,3 k €	+21.1%	118,4 k €	+16.9%	101,3 k €	+24.9%	81,1 k €	+87.1%	43,3 k €	+1887%	-2,4 k €	+74.0%	-9,3 k €
Total assets	1,5 M €	-4.3%	1,6 M €	-9.4%	1,7 M €	+6.5%	1,6 M €	+87.3%	862,9 k €	-10.0%	958,3 k €	+4.3%	918,8 k €	-7.2%	989,9 k €	+1.9%	971,8 k €	+23.6%	786,5 k €	+36.6%	575,6 k €	-7.6%	623 k €	-9.8%	690,9 k €	-4.0%	719,9 k €	-4.4%	753,3 k €	-7.8%	817,1 k €	-0.4%	820,1 k €	-12.3%	934,9 k €
Cash	96,6 k €	-40.5%	162,4 k €	-27.8%	224,9 k €	-29.0%	316,9 k €	+7.7%	294,1 k €	+19.7%	245,7 k €	+42.1%	172,9 k €	-18.3%	211,8 k €	+23.1%	172,1 k €	+44.9%	118,8 k €	+60.5%	74 k €	+12.6%	65,7 k €	+63.9%	40,1 k €	+88.7%	21,3 k €	-65.9%	62,4 k €	+7.8%	57,9 k €	+206%	18,9 k €	-72.9%	69,9 k €
Debts	965,6 k €	-7.8%	1 M €	-14.5%	1,2 M €	+6.5%	1,1 M €	+146%	467,7 k €	-22.2%	601,3 k €	-4.3%	628,3 k €	-11.4%	709,1 k €	-5.0%	746,8 k €	+24.3%	601 k €	+47.1%	408,6 k €	-14.6%	478,6 k €	-16.4%	572,5 k €	-7.5%	618,7 k €	-8.0%	672,2 k €	-13.1%	773,8 k €	-5.9%	822,6 k €	-12.7%	941,7 k €
Other
Workforce	1,7 ETP	-10.5%	1,9 ETP	+72.7%	1,1 ETP	-8.3%	1,2 ETP	+20.0%	1,0 ETP	-37.5%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	+23.1%	1,3 ETP	+18.2%	1,1 ETP	-8.3%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+11.1%	0,9 ETP	+28.6%	0,7 ETP	+75.0%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Tania Maertens

Director

Active

Ended mandates

Maertens Tania

Director · since 03 avril 2003

Ended

TANIA MAERTENS

Mandate

Ended

TANIA MAERTENS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BICSUM● Active	0632.667.256

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/04/2026	04/04/2025	29/03/2024	28/04/2023	28/04/2022	30/04/2021
General meeting	11/03/2026	12/03/2025	13/03/2024	31/03/2023	31/03/2022	31/03/2021
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	30/09/2025	11/03/2026	03/04/2026	Dutch	PDF
Abridged model	30/09/2024	12/03/2025	04/04/2025	Dutch	PDF
Abridged model	30/09/2023	13/03/2024	29/03/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	28/04/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	11/03/2020	10/04/2020	Dutch	PDF
Abridged model	30/09/2018	31/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	31/03/2018	09/05/2018	Dutch	PDF
Abridged model	30/09/2016	08/03/2017	05/04/2017	Dutch	PDF
Abridged model	30/09/2015	09/03/2016	22/03/2016	Dutch	PDF
Abridged model	30/09/2014	11/03/2015	03/04/2015	Dutch	PDF
Abridged model	30/09/2013	12/03/2014	20/03/2014	Dutch	PDF
Abridged model	30/09/2012	13/03/2013	04/04/2013	Dutch	PDF
Abridged model	30/09/2011	28/03/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	30/03/2011	26/04/2011	Dutch	PDF
Abridged model	30/09/2009	24/03/2010	21/04/2010	Dutch	PDF
Abridged model	30/09/2008	11/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	19/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	11/04/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 1 active · 3 ended

Active mandates

Tania Maertens

Director

Active

Ended mandates

Maertens Tania

Director · since 03 avril 2003

Ended

TANIA MAERTENS

Mandate

Ended

TANIA MAERTENS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202517,4 k €↑
2024
Annual accounts 202414,7 k €↓
2023
Annual accounts 202329,4 k €↓
2022
Annual accounts 202270 k €↑
2021
Annual accounts 2021-90 k €↓
2018
Annual accounts 201862,7 k €↑
2017
Annual accounts 201711 k €↓
2016
Annual accounts 201664,1 k €↑
2015
Annual accounts 201543,8 k €↑
2014
Annual accounts 201412,8 k €↓
2013
Annual accounts 201326 k €↓
2012
Annual accounts 201227,4 k €↑
2011
Annual accounts 201119,5 k €↓
2010
Annual accounts 201022,6 k €↓
2009
Annual accounts 200951,1 k €↑
2008
Annual accounts 200845,7 k €↑
2007
Annual accounts 20076,9 k €↑
2006
Annual accounts 2006-58,2 k €
07/04/2003
IncorporationPrivate 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

MAREPHAR

Overview

What does MAREPHAR do?

Trend over 18 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