ACTIVE

MRTN Projects

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Financial year 2025 · closed on 31/12/2025
Net result
55,2 k €
-44.2% YoY
Gross margin
84,3 k €
-35.1% YoY
Equity
25,5 k €
-27.9% YoY

What does MRTN Projects do?

MRTN Projects is a Private limited company incorporated in 2020. Its main activity is: Electrical installation. Its registered office is in Duffel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0759.954.121
Incorporation
18/12/2020
Legal form
Private limited company
Registered office
Binnenweg 103
2570 Duffel · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin84,3 k €129,9 k €97,3 k €42 k €27 k €
EBITDA82,8 k €128,7 k €96,2 k €41,2 k €26,6 k €
Operating result70,8 k €127,1 k €95,1 k €40,2 k €25,6 k €
Net result55,2 k €98,9 k €74,8 k €30,4 k €19,2 k €
Balance sheet
Equity25,5 k €35,3 k €126,4 k €51,6 k €21,2 k €
Total assets186,1 k €108,7 k €165,1 k €73,7 k €40,1 k €
Cash41,3 k €73,3 k €122,1 k €53,7 k €22,2 k €
Debts160,7 k €73,4 k €38,7 k €22,1 k €18,9 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 31/12/2025 · 1 active

Active mandates

Maarten Van Dessel

Director

Active
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202218/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date31/05/202603/05/202530/06/202405/04/202331/03/2022
General meeting02/03/202601/03/202501/03/202401/03/202301/03/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/03/202631/05/2026DutchPDF
Micro model31/12/202401/03/202503/05/2025DutchPDF
Micro model31/12/202301/03/202430/06/2024DutchPDF
Micro model31/12/202201/03/202305/04/2023DutchPDF
Micro model31/12/202101/03/202231/03/2022DutchPDF
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 31/12/2025 · 1 active

Active mandates

Maarten Van Dessel

Director

Active
Shareholders

Ownership and network

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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 202555,2 k €↓
  2. 2024
    Annual accounts 202498,9 k €↑
  3. 2023
    Annual accounts 202374,8 k €↑
  4. 2022
    Annual accounts 202230,4 k €↑
  5. 2021
    Annual accounts 202119,2 k €
  6. 18/12/2020
    IncorporationPrivate limited company