ACTIVE

MARMAXEMI

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Financial year 2025 · closed on 31/12/2025

Net result

309,9 k €

+560.9% YoY

Gross margin

128,5 k €

-25.3% YoY

Equity

1 M €

+42.2% YoY

What does MARMAXEMI do?

MARMAXEMI is a Public limited company incorporated in 2003. Its main activity is: Activities of holding companies. Its registered office is in Andenne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.891.430

Incorporation

07/10/2003

Legal form

Public limited company

Registered office

Rue de Rouvroy 297 box A
5300 Andenne · WallonieSee on map

Contributed capital

225 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	128,5 k €	-25.3%	172,1 k €	+81.2%	95 k €	-5.5%	100,5 k €	+3.6%	96,9 k €	-2.7%	99,6 k €	+29.5%	76,9 k €	-4.1%	80,2 k €	+615%	11,2 k €	+125%	-44,9 k €	-152%	86,1 k €	-19.6%	107 k €	+211%	34,5 k €	-85.0%	229,9 k €	+7.2%	214,5 k €	-25.9%	289,4 k €	+0.2%	288,8 k €	+19.2%	242,2 k €	+6.5%	227,4 k €	-10.4%	253,8 k €
EBITDA	23,9 k €	-68.1%	74,9 k €	-20.1%	93,8 k €	-5.7%	99,4 k €	+38.3%	71,9 k €	-24.6%	95,3 k €	+28.7%	74,1 k €	-6.2%	78,9 k €	+716%	9,7 k €	+121%	-45,8 k €	-169%	66,2 k €	+233%	19,9 k €	+142%	-47,6 k €	+17.5%	-57,7 k €	+61.2%	-148,8 k €	-1264%	12,8 k €	-82.8%	74,4 k €	-0.1%	74,5 k €	-11.4%	84,1 k €	-22.9%	109,1 k €
Operating result	14,9 k €	-77.4%	65,8 k €	-21.9%	84,3 k €	+2.8%	82 k €	+37.1%	59,8 k €	-29.4%	84,7 k €	+32.6%	63,9 k €	-19.1%	78,9 k €	+716%	9,7 k €	+121%	-45,8 k €	-178%	58,7 k €	+418%	11,3 k €	+120%	-55,4 k €	+15.3%	-65,4 k €	+58.6%	-158,2 k €	-19974%	796 €	-98.7%	62,5 k €	-3.0%	64,4 k €	-10.0%	71,5 k €	-25.6%	96,2 k €
Net result	309,9 k €	+561%	46,9 k €	-21.8%	60 k €	+1.0%	59,3 k €	+18.3%	50,2 k €	-40.1%	83,7 k €	+35.4%	61,9 k €	-20.1%	77,5 k €	+1084%	6,5 k €	+114%	-48,3 k €	-203%	47 k €	+910%	4,7 k €	+107%	-64,7 k €	+20.5%	-81,3 k €	+44.5%	-146,5 k €	-602%	-20,9 k €	-153%	39,7 k €	+38.4%	28,7 k €	+31.1%	21,9 k €	-50.0%	43,7 k €
Balance sheet
Equity	1 M €	+42.2%	732,2 k €	+6.7%	686,3 k €	+9.6%	626,4 k €	+10.5%	567 k €	+9.7%	516,8 k €	+19.3%	433,1 k €	+16.7%	371,2 k €	+26.4%	293,8 k €	+2.3%	287,2 k €	-14.4%	335,5 k €	+16.3%	288,5 k €	+1.6%	283,9 k €	-18.6%	348,5 k €	-18.9%	429,9 k €	-25.4%	576,3 k €	-8.7%	631 k €	+4.8%	602,3 k €	+3.0%	584,6 k €	+1.6%	575,7 k €
Total assets	1,2 M €	-1.0%	1,2 M €	+3.5%	1,2 M €	-0.6%	1,2 M €	-2.1%	1,2 M €	-2.1%	1,2 M €	+1.3%	1,2 M €	+2.6%	1,2 M €	+3.7%	1,1 M €	+1.6%	1,1 M €	-3.0%	1,2 M €	-5.3%	1,2 M €	+3.7%	1,2 M €	+1.9%	1,2 M €	-7.1%	1,2 M €	-3.8%	1,3 M €	-0.3%	1,3 M €	-0.8%	1,3 M €	+0.8%	1,3 M €	+1.7%	1,3 M €
Cash	3,7 k €	+91.9%	1,9 k €	+91.7%	1 k €	-73.2%	3,8 k €	+107%	1,8 k €	-25.7%	2,5 k €	-10.7%	2,7 k €	+2235%	117,7 €	-74.8%	466,7 €	-27.1%	640,4 €	+73.3%	369,5 €	-59.9%	922,3 €		–		4,8 k €	+85.8%	2,6 k €	-78.9%	12,4 k €	+195%	4,2 k €	-87.1%	32,6 k €	+1922%	1,6 k €		–
Debts	156,4 k €	-67.3%	478 k €	-0.9%	482,5 k €	-12.2%	549,4 k €	-13.3%	634 k €	-10.8%	710,4 k €	-8.8%	778,5 k €	-3.8%	809,6 k €	-4.2%	845,1 k €	+1.3%	834,1 k €	+1.7%	820,1 k €	-12.0%	931,6 k €	+4.4%	892,7 k €	+10.8%	805,7 k €	-0.7%	811,6 k €	+13.5%	715,3 k €	+11.1%	643,7 k €	-6.1%	685,7 k €	-2.0%	699,5 k €	+0.8%	694 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,1 ETP	-90.0%	1,0 ETP	-23.1%	1,3 ETP	-67.5%	4,0 ETP	-7.0%	4,3 ETP	+43.3%	3,0 ETP	+30.4%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

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 · 1 active · 13 ended

Active mandates

Barbara LAURENT

Mandate

Active

Ended mandates

Philippe André

Managing director · since 20 mai 2015 · until 20 mai 2021

Ended

Philippe André

Managing director · since 20 mai 2015 · until 16 juin 2026

Ended

Michelle Hanchir

Director · since 20 novembre 2014 · until 15 mai 2019

Ended

Barbara Laurent

Director · since 08 avril 2011 · until 20 novembre 2014

Ended

At this address

Other companies at this address

Company	CBE no.
A5 IMMO● Active	0795.517.091
Cabinet Comptable Laurent Barbara● Active	0721.658.125

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	17/06/2025	05/09/2024	27/07/2023	20/05/2022	25/06/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/05/2026	09/07/2026	French	PDF
Micro model	31/12/2024	21/05/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	05/09/2024	French	PDF
Micro model	31/12/2022	17/05/2023	27/07/2023	French	PDF
Micro model	31/12/2021	18/05/2022	20/05/2022	French	PDF
Abridged model	31/12/2020	16/06/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	20/05/2020	07/08/2020	French	PDF
Abridged model	31/12/2018	15/05/2019	27/07/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	02/08/2017	03/08/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	11/06/2015	French	PDF
Abridged model	31/12/2013	21/05/2014	19/06/2014	French	PDF
Abridged model	31/12/2012	15/05/2013	19/06/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	18/05/2011	08/07/2011	French	PDF
Abridged model	31/12/2009	26/05/2010	10/06/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	29/08/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	02/08/2008	French	PDF
Abridged model	31/12/2006	16/05/2007	16/08/2007	French	PDF

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 · 1 active · 13 ended

Active mandates

Barbara LAURENT

Mandate

Active

Ended mandates

Philippe André

Managing director · since 20 mai 2015 · until 20 mai 2021

Ended

Philippe André

Managing director · since 20 mai 2015 · until 16 juin 2026

Ended

Michelle Hanchir

Director · since 20 novembre 2014 · until 15 mai 2019

Ended

Barbara Laurent

Director · since 08 avril 2011 · until 20 novembre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/06/2021
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates09/12/2014
DEMISSIONS, NOMINATIONS
PDF
Other02/08/2012
DIVERS
PDF
Mandates08/06/2011
DEMISSIONS, NOMINATIONS
PDF
Other14/10/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025309,9 k €↑
2024
Annual accounts 202446,9 k €↓
2023
Annual accounts 202360 k €↑
2022
Annual accounts 202259,3 k €↑
2021
Annual accounts 202150,2 k €↓
2020
Annual accounts 202083,7 k €↑
2020
Name changeMARMAXEMI
2019
Annual accounts 201961,9 k €↓
2018
Annual accounts 201877,5 k €↑
2017
Annual accounts 20176,5 k €↑
2016
Annual accounts 2016-48,3 k €↓
2015
Annual accounts 201547 k €↑
2014
Annual accounts 20144,7 k €↑
2013
Annual accounts 2013-64,7 k €↑
2012
Annual accounts 2012-81,3 k €↑
2011
Annual accounts 2011-146,5 k €↓
2010
Annual accounts 2010-20,9 k €↓
2009
Annual accounts 200939,7 k €↑
2008
Annual accounts 200828,7 k €↑
2007
Annual accounts 200721,9 k €↓
2006
Annual accounts 200643,7 k €
2006
Name changeMARMAX
07/10/2003
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MARMAXEMI

Overview

What does MARMAXEMI do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline