ACTIVE

MARSTEF

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Financial year 2025 · closed on 31/12/2025
Net result
250,4 €
+127.9% YoY
Gross margin
35,8 k €
-41.6% YoY
Equity
19,1 k €
+1.3% YoY

What does MARSTEF do?

MARSTEF is a Private limited company incorporated in 2008. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zedelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0806.991.993
Incorporation
09/10/2008
Legal form
Private limited company
Registered office
Sint-Elooistraat 20
8210 Zedelgem · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
68201Rental and operating of own or leased real estate· main68201Rental and operating of own or leased real estate55203Holiday and other short-stay accommodation55203Holiday and other short-stay accommodation55209Holiday and other short-stay accommodation55209Holiday and other short-stay accommodation
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin35,8 k €61,4 k €47,3 k €42,2 k €47,6 k €49,2 k €43,7 k €37,4 k €30,9 k €31,6 k €29,9 k €29,5 k €29,9 k €31,8 k €29,7 k €32,1 k €23,1 k €
EBITDA32,7 k €59,5 k €45,0 k €38,1 k €45,6 k €47,4 k €39,7 k €34,4 k €29,3 k €29,9 k €28,4 k €27,8 k €28,3 k €29,8 k €27,9 k €31,7 k €21,3 k €
Operating result8,0 k €8,2 k €9,0 k €10,5 k €17,3 k €11,9 k €15,4 k €7,0 k €10,7 k €12,1 k €10,6 k €12,6 k €12,9 k €14,5 k €25,1 k €13,7 k €-1,1 k €
Net result250,4 €-898,4 €947,5 €1,5 k €7,8 k €-1,7 k €-869,9 €-4,6 k €17,0 €1,0 k €-1,1 k €309,3 €114,2 €1,1 k €11,2 k €-662,6 €-13,9 k €
Balance sheet
Equity19,1 k €18,8 k €19,7 k €18,8 k €17,3 k €9,5 k €11,1 k €12,0 k €16,7 k €16,6 k €15,6 k €16,7 k €16,4 k €16,3 k €15,2 k €4,0 k €4,6 k €
Total assets391,3 k €496,2 k €380,9 k €415,3 k €426,0 k €453,3 k €498,4 k €498,4 k €234,6 k €245,4 k €258,8 k €274,9 k €288,6 k €302,9 k €315,7 k €318,5 k €335,5 k €
Cash2,4 k €1,4 k €3,1 k €3,6 k €3,4 k €2,2 k €3,1 k €2,7 k €2,8 k €2,8 k €183,8 €502,4 €2,1 k €2,1 k €1,1 k €2,2 k €1,1 k €
Debts370,1 k €476,1 k €358,9 k €394,1 k €396,0 k €443,8 k €486,4 k €486,4 k €218,0 k €227,7 k €243,2 k €258,2 k €272,2 k €286,6 k €300,5 k €314,5 k €329,8 k €
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 · 2 active · 8 ended

Active mandates

Steffie Ver Eecke

Director · since 09 novembre 2021

Active
Mario Van Hyfte

Director · since 09 octobre 2008

Active

Ended mandates

Mario Van Hyfte

Manager · since 09 octobre 2008

Ended
Steffie Ver Eecke

Manager · since 09 octobre 2008 · until 01 mai 2015

Ended
Mario Van Hyfte

Director

Ended
Mario Van Hyfte

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
VAN HYFTE CONSULTANCY● Active
0502.598.273
VAN HYFTE KOELTECHNIEK● Active
0432.799.548
Van Hyfte Management● Active
1040.192.168
VER EECKE CONSULTING● Active
0807.759.877
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date31/07/202622/07/202531/07/202431/07/202329/07/202230/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/07/2026DutchPDF
Micro model31/12/202430/06/202522/07/2025DutchPDF
Micro model31/12/202330/06/202431/07/2024DutchPDF
Micro model31/12/202230/06/202331/07/2023DutchPDF
Micro model31/12/202130/06/202229/07/2022DutchPDF
Micro model31/12/202030/06/202130/07/2021DutchPDF
Micro model31/12/201920/07/202017/08/2020DutchPDF
Micro model31/12/201828/06/201931/07/2019DutchPDF
Micro model31/12/201722/06/201827/06/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201524/06/201630/08/2016DutchPDF
Abridged model31/12/201426/06/201523/07/2015DutchPDF
Abridged model31/12/201327/06/201412/08/2014DutchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201122/06/201217/07/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200925/06/201006/07/2010DutchPDF
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 · 2 active · 8 ended

Active mandates

Steffie Ver Eecke

Director · since 09 novembre 2021

Active
Mario Van Hyfte

Director · since 09 octobre 2008

Active

Ended mandates

Mario Van Hyfte

Manager · since 09 octobre 2008

Ended
Steffie Ver Eecke

Manager · since 09 octobre 2008 · until 01 mai 2015

Ended
Mario Van Hyfte

Director

Ended
Mario Van Hyfte

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/11/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/04/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other13/10/2008
    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 2025250,4 €↑
  2. 2024
    Annual accounts 2024-898,4 €↓
  3. 2023
    Annual accounts 2023947,5 €↓
  4. 2022
    Annual accounts 20221,5 k €↓
  5. 2021
    Annual accounts 20217,8 k €↑
  6. 2020
    Annual accounts 2020-1,7 k €↓
  7. 2019
    Annual accounts 2019-869,9 €↑
  8. 2018
    Annual accounts 2018-4,6 k €↓
  9. 2017
    Annual accounts 201717,0 €↓
  10. 2016
    Annual accounts 20161,0 k €↑
  11. 2015
    Annual accounts 2015-1,1 k €↓
  12. 2014
    Annual accounts 2014309,3 €↑
  13. 2013
    Annual accounts 2013114,2 €↓
  14. 2012
    Annual accounts 20121,1 k €↓
  15. 2011
    Annual accounts 201111,2 k €↑
  16. 2010
    Annual accounts 2010-662,6 €↑
  17. 2009
    Annual accounts 2009-13,9 k €
  18. 09/10/2008
    IncorporationPrivate limited company