ACTIVE

MARU

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Financial year 2025 · closed on 31/12/2025
Net result
-39 k €
+27.0% YoY
Gross margin
-54,2 k €
-593.9% YoY
Equity
802,8 k €
-4.6% YoY

What does MARU do?

MARU is a Private limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Wemmel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0726.869.597
Incorporation
17/05/2019
Legal form
Private limited company
Registered office
Avenue Reine Astrid 49
1780 Wemmel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities71112Architectural activities71112Architectural activities73110Advertising agencies73110Advertising agencies+2
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin-54,2 k €-7,8 k €127,3 k €424,6 k €604 k €423,7 k €
EBITDA-104,6 k €-55,8 k €85 k €384 k €564 k €361,8 k €
Operating result-105,8 k €-23,6 k €75,7 k €348,5 k €560,4 k €359,1 k €
Net result-39 k €-53,5 k €17,5 k €235 k €370,6 k €255,3 k €
Balance sheet
Equity802,8 k €841,9 k €882,8 k €865,3 k €630,3 k €260,5 k €
Total assets1,1 M €1,1 M €1,3 M €1,1 M €1,2 M €338,8 k €
Cash17,2 k €10,9 k €75,1 k €344,6 k €379,4 k €68,7 k €
Debts273,6 k €292,5 k €366,2 k €174,3 k €552,3 k €78,3 k €
Other
Workforce––––1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Mikhail Khaimov

Director · since 17 mai 2019

Active

Ended mandates

Mikhail Khaimov

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202117/05/2019
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 months20 months
Filing date27/08/202628/08/202529/08/202425/08/202322/08/202219/08/2021
General meeting18/08/202622/08/202517/04/202425/07/202323/06/202230/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/08/202627/08/2026FrenchPDF
Micro model31/12/202422/08/202528/08/2025DutchPDF
Abridged model31/12/202317/04/202429/08/2024FrenchPDF
Abridged model31/12/202225/07/202325/08/2023FrenchPDF
Abridged model31/12/202123/06/202222/08/2022FrenchPDF
Micro model31/12/202030/06/202119/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 1 ended

Active mandates

Mikhail Khaimov

Director · since 17 mai 2019

Active

Ended mandates

Mikhail Khaimov

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office27/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/01/2021
    DOEL
    PDF
  • Other21/05/2019
    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. 2025
    Annual accounts 2025-39 k €↑
  2. 2024
    Annual accounts 2024-53,5 k €↓
  3. 2023
    Annual accounts 202317,5 k €↓
  4. 2022
    Annual accounts 2022235 k €↓
  5. 2021
    Annual accounts 2021370,6 k €↑
  6. 2020
    Annual accounts 2020255,3 k €
  7. 17/05/2019
    IncorporationPrivate limited company