ACTIVE

MARBAS

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Financial year 2026 · closed on 31/01/2026
Net result
119,4 k €
+6.9% YoY
Gross margin
200 k €
-1.3% YoY
Equity
207,8 k €
-12.8% YoY

What does MARBAS do?

MARBAS is a Private limited company incorporated in 2016. Its main activity is: Public relations and communication activities. Its registered office is in Damme.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0663.656.281
Incorporation
30/09/2016
Legal form
Private limited company
Registered office
Zomerstraat-Oost 23
8340 Damme · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/01/2026
Activities (NACE)
70210Public relations and communication activities· main73300Advertising and market research64200Activities of holding companies64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202620252024202320222019
Income statement
Gross margin200 k €202,6 k €241,4 k €162,2 k €97,4 k €77 k €
EBITDA198,2 k €200,9 k €239,7 k €160,5 k €96,1 k €76,5 k €
Operating result162,1 k €151,8 k €207 k €118,2 k €53,9 k €56,4 k €
Net result119,4 k €111,7 k €155,1 k €89,6 k €40,6 k €43,4 k €
Balance sheet
Equity207,8 k €238,4 k €226,7 k €171,6 k €135 k €114,8 k €
Total assets406 k €396,6 k €466,3 k €308,9 k €295,2 k €250,7 k €
Cash186,2 k €132,9 k €171,1 k €17,7 k €38,4 k €49,2 k €
Debts194 k €154,3 k €237,9 k €136 k €160,2 k €136 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 4 ended

Active mandates

Bart Borra

Director · since 09 juillet 2024

Active
Maxime Claeys

Director · since 09 juillet 2024

Active

Ended mandates

Bart Borra

Director · since 20 septembre 2016

Ended
Bart Borra

Manager · since 20 septembre 2016

Ended
Maxime Claeys

Director · since 20 septembre 2016

Ended
Maxime Claeys

Manager · since 20 septembre 2016

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/02/202501/02/202401/02/202301/02/202201/02/202101/02/2020
Closing of the financial year31/01/202631/01/202531/01/202431/01/202331/01/202231/01/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202615/05/202526/04/202427/04/202304/07/202215/07/2021
General meeting28/04/202628/04/202518/04/202418/04/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/01/202628/04/202607/05/2026DutchPDF
Micro model31/01/202528/04/202515/05/2025DutchPDF
Micro model31/01/202418/04/202426/04/2024DutchPDF
Micro model31/01/202318/04/202327/04/2023DutchPDF
Micro model31/01/202225/06/202204/07/2022DutchPDF
Micro model31/01/202126/06/202115/07/2021DutchPDF
Micro model31/01/202027/06/202029/06/2020DutchPDF
Micro model31/01/201931/08/201930/09/2019DutchPDF
Micro model31/01/201830/06/201829/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/01/2026 · 2 active · 4 ended

Active mandates

Bart Borra

Director · since 09 juillet 2024

Active
Maxime Claeys

Director · since 09 juillet 2024

Active

Ended mandates

Bart Borra

Director · since 20 septembre 2016

Ended
Bart Borra

Manager · since 20 septembre 2016

Ended
Maxime Claeys

Director · since 20 septembre 2016

Ended
Maxime Claeys

Manager · since 20 septembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/07/2024
    ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING,
    PDF
  • Other04/10/2016
    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

Timeline

  1. 2026
    Annual accounts 2026119,4 k €↑
  2. 2025
    Annual accounts 2025111,7 k €↓
  3. 2024
    Annual accounts 2024155,1 k €↑
  4. 2023
    Annual accounts 202389,6 k €↑
  5. 2022
    Annual accounts 202240,6 k €↓
  6. 2019
    Annual accounts 201943,4 k €
  7. 30/09/2016
    IncorporationPrivate limited company