ACTIVE

MARCANDO

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Financial year 2025 · closed on 31/12/2025
Net result
-17,9 k €
+93.0% YoY
Gross margin
533 k €
+58.1% YoY
Equity
9,6 k €
-65.2% YoY
Workforce
7,4 ETP
-14.9% YoY

What does MARCANDO do?

MARCANDO is a Private limited company incorporated in 2021. Its main activity is: Computer programming activities. Its registered office is in Torhout. It employs on average 7,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0766.722.147
Incorporation
14/04/2021
Legal form
Private limited company
Registered office
Keibergstraat 112
8820 Torhout · FlandreSee on map
Contributed capital
805 623,88 €
Latest accounts
31/12/2025
Average workforce
7,4 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin533 k €337,2 k €279,1 k €15,1 k €
EBITDA71,8 k €-205,9 k €-68,2 k €-424,3 k €
Operating result13,6 k €-235,3 k €-82,2 k €-439 k €
Net result-17,9 k €-256,7 k €-94 k €-437,5 k €
Balance sheet
Equity9,6 k €27,4 k €91,2 k €-77,2 k €
Total assets1 M €826,7 k €493,6 k €104,8 k €
Cash40 k €71,3 k €197,7 k €24,4 k €
Debts1 M €799,2 k €402,4 k €182 k €
Other
Workforce7,4 ETP8,7 ETP6,3 ETP5,5 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 31/12/2025 · 3 active · 4 ended

Active mandates

MALTI

Director · since 29 décembre 2023 · 0777.374.232

Represented by OLBRECHTS MICHIEL

Active
SEASTAR CAPITAL

Director · since 29 décembre 2023 · 0685.867.204

Represented by VANCAUWENBERGE MICHAEL

Active
EBUSINESS CONSULTING

Director · since 14 avril 2021 · 0472.431.075

Represented by VERSAVEL DIRK

Active

Ended mandates

EBUSINESS CONSULTING

Director · since 14 avril 2021 · 0472.431.075

Represented by VERSAVEL DIRK

Ended
EBUSINESS CONSULTING

Director · 0472.431.075

Represented by VERSAVEL DIRK

Ended
MALTI

Director · 0777.374.232

Represented by OLBRECHTS MICHIEL

Ended
SEASTAR CAPITAL

Director · 0685.867.204

Represented by VAN CAUWENBERGE MICHAEL

Ended
At this address

Other companies at this address

CompanyCBE no.
ByondFiles● Active
0751.684.078
ENCIMA● Active
0478.011.446
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202314/04/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months21 months
Filing date23/07/202631/07/202525/07/202427/07/2023
General meeting07/07/202604/06/202516/07/202407/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/07/202623/07/2026DutchPDF
Abridged model31/12/202404/06/202531/07/2025DutchPDF
Abridged model31/12/202316/07/202425/07/2024DutchPDF
Abridged model31/12/202207/06/202327/07/2023DutchPDF
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 31/12/2025 · 3 active · 4 ended

Active mandates

MALTI

Director · since 29 décembre 2023 · 0777.374.232

Represented by OLBRECHTS MICHIEL

Active
SEASTAR CAPITAL

Director · since 29 décembre 2023 · 0685.867.204

Represented by VANCAUWENBERGE MICHAEL

Active
EBUSINESS CONSULTING

Director · since 14 avril 2021 · 0472.431.075

Represented by VERSAVEL DIRK

Active

Ended mandates

EBUSINESS CONSULTING

Director · since 14 avril 2021 · 0472.431.075

Represented by VERSAVEL DIRK

Ended
EBUSINESS CONSULTING

Director · 0472.431.075

Represented by VERSAVEL DIRK

Ended
MALTI

Director · 0777.374.232

Represented by OLBRECHTS MICHIEL

Ended
SEASTAR CAPITAL

Director · 0685.867.204

Represented by VAN CAUWENBERGE MICHAEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/08/2021
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/06/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other16/04/2021
    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 2025-17,9 k €↑
  2. 2024
    Annual accounts 2024-256,7 k €↓
  3. 2023
    Annual accounts 2023-94 k €↑
  4. 2022
    Annual accounts 2022-437,5 k €
  5. 14/04/2021
    IncorporationPrivate limited company