ACTIVE

MARCELLIS PANORAMA

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Financial year 2025 · Closed on 31/12/2025

Net result-141 k €+4,8 %over 1 year
Gross margin-15,9 k €+75,8 %over 1 year
Equity-386,1 k €-57,5 %over 1 year

Identity

Source · BCE/KBO

MARCELLIS PANORAMA is a Private limited company incorporated in 2023. Its main activity is: Development of building projects. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0797.016.138
Incorporation
11/01/2023
Legal form
Private limited company
Registered office
Avenue Blonden 31
4000 Liège · WallonieSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin-15,9 k €-66 k €-86 k €
EBITDA-16,6 k €-66,6 k €-86,4 k €
Operating result-16,6 k €-66,6 k €-87,4 k €
Net result-141 k €-148,1 k €-121,9 k €
Balance sheet
Equity-386,1 k €-245,1 k €-96,9 k €
Total assets4,2 M €2 M €776,9 k €
Cash10 k €44,3 k €81,5 k €
Debts4,6 M €2,2 M €873,6 k €

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre ROTH
Directorsince 11/01/2023
FLOW CONSULTING0645.598.643Represented by WOLF JEREMY
Directorsince 11/01/2023
ZEEV0468.660.250Represented by WOLF GUY
Directorsince 11/01/2023

Other companies at this address

Avenue Blonden 31 4000 Liège
CompanyCBE no.
MILOW● Active
0757.553.469
ROME 2● Active
0535.919.654
SG PARK● Active
0774.295.570
ZEEV● Active
0468.660.250

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date11/06/202611/06/202526/06/2024
General meeting05/06/202606/06/202507/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202611/06/2026FrenchPDF
Abridged model31/12/202406/06/202511/06/2025FrenchPDF
Abridged model31/12/202307/06/202426/06/2024FrenchPDF

Indicative valuation

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre ROTH
Directorsince 11/01/2023
FLOW CONSULTING0645.598.643Represented by WOLF JEREMY
Directorsince 11/01/2023
ZEEV0468.660.250Represented by WOLF GUY
Directorsince 11/01/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/01/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
ZEEV
FLOW CONSULTING
Alexandre ROTH
2023202420252026
MARCELLIS PANORAMA
Avenue Blonden 31, 4000 Liège
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Blonden 31, 4000 LiègeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00161469

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MARCELLIS PANORAMACurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00161469

Events

  1. 2025
    Annual accounts 2025-141 k €↑
  2. 2024
    Annual accounts 2024-148,1 k €↓
  3. 2023
    Annual accounts 2023-121,9 k €
  4. 11/01/2023
    IncorporationPrivate limited company