ACTIVE

MARCEL

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
143,5 k €
+394.9% YoY
Gross margin
277,6 k €
+217.8% YoY
Equity
222,6 k €
+181.7% YoY

What does MARCEL do?

MARCEL is a Private limited company incorporated in 2023. Its main activity is: Development of building projects. Its registered office is in Gistel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0801.301.756
Incorporation
28/04/2023
Legal form
Private limited company
Registered office
Kanaalstraat 36
8470 Gistel · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate64200Activities of holding companies64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin277,6 k €87,4 k €
EBITDA277,6 k €87,4 k €
Operating result202,8 k €42,4 k €
Net result143,5 k €29 k €
Balance sheet
Equity222,6 k €79 k €
Total assets1,8 M €1,5 M €
Cash48,2 k €55,5 k €
Debts1,5 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Ivan Vandycke

Director

Active
Sabine Demeulenaere

Director

Active
At this address

Other companies at this address

CompanyCBE no.
A'MARE MEL● Active
0844.115.873
Sven Willems● Active
1011.461.461
T'hooghe CW● Active
0880.601.038
VERHUIZINGEN VANDYCKE● Active
0479.140.507
Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202528/04/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months21 months
Filing date07/07/202629/08/2025
General meeting20/06/202621/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/06/202607/07/2026DutchPDF
Micro model31/12/202421/06/202529/08/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active

Active mandates

Ivan Vandycke

Director

Active
Sabine Demeulenaere

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/05/2023
    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 2025143,5 k €↑
  2. 2024
    Annual accounts 202429 k €
  3. 28/04/2023
    IncorporationPrivate limited company