ACTIVE

MARNAV

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Financial year 2025 · closed on 31/12/2025

Net result

-11,6 k €

-105.0% YoY

Gross margin

10,4 k €

-44.3% YoY

Equity

531,1 k €

-2.1% YoY

What does MARNAV do?

MARNAV is a Private limited company incorporated in 2006. Its main activity is: Activities of holding companies. Its registered office is in Lint.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.412.402

Incorporation

06/01/2006

Legal form

Private limited company

Registered office

Liersesteenweg 90
2547 Lint · FlandreSee on map

Contributed capital

334 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Signals

Solid equityPositive cashflowPositive EBITDA

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	10,4 k €	-44.3%	18,7 k €	+185%	6,5 k €	-60.8%	16,7 k €	+17.9%	14,2 k €	-6.6%	15,2 k €	-68.5%	48,2 k €	+7.0%	45,1 k €	+7.3%	42 k €	-10.2%	46,8 k €	+9.6%	42,7 k €	+6.5%	40,1 k €	-2.6%	41,1 k €	-25.8%	55,4 k €	-33.9%	83,9 k €	+26.5%	66,4 k €	-7.3%	71,5 k €	+12.3%	63,7 k €	+18048%	-355 €
EBITDA	10 k €	-44.4%	18 k €	+215%	5,7 k €	-64.7%	16,2 k €	+18.4%	13,7 k €	-7.3%	14,7 k €	-69.1%	47,7 k €	+7.0%	44,6 k €	+6.8%	41,8 k €	-10.2%	46,5 k €	+9.9%	42,4 k €	+6.3%	39,8 k €	-2.7%	40,9 k €	-25.9%	55,3 k €	-33.9%	83,6 k €	+26.4%	66,2 k €	-7.3%	71,4 k €	+12.3%	63,6 k €	+14815%	-432 €
Operating result	-5,2 k €	-241%	3,7 k €	-27.6%	5,1 k €	-68.2%	16,1 k €	+18.1%	13,7 k €	-7.3%	14,7 k €	-65.7%	42,9 k €	+8.0%	39,8 k €	+7.9%	36,9 k €	-10.8%	41,4 k €	+9.3%	37,8 k €	-5.0%	39,8 k €	-2.7%	40,9 k €	-25.9%	55,3 k €	-33.8%	83,4 k €	+26.4%	66 k €	-7.1%	71 k €	+11.7%	63,6 k €	+14815%	-432 €
Net result	-11,6 k €	-105%	-5,7 k €	-316%	-1,4 k €	-115%	9 k €	+27.2%	7,1 k €	-44.1%	12,7 k €	-63.6%	35 k €	+38.5%	25,3 k €	+10.3%	22,9 k €	+2.3%	22,4 k €	-2.2%	22,9 k €	-9.2%	25,2 k €	+0.0%	25,2 k €	-25.4%	33,8 k €	-36.9%	53,5 k €	+37.0%	39 k €	-7.8%	42,4 k €	+14.4%	37 k €	+8380%	-447 €
Balance sheet
Equity	531,1 k €	-2.1%	542,7 k €	-1.0%	548,4 k €	-0.2%	549,7 k €	+1.7%	540,7 k €	+2.7%	526,3 k €	+2.5%	513,6 k €	+7.3%	478,6 k €	+5.6%	453,4 k €	+5.3%	430,5 k €	+5.5%	408,1 k €	+5.9%	385,2 k €	+1.3%	380,4 k €	+7.1%	355,2 k €	+10.5%	321,5 k €	+20.0%	268 k €	+17.1%	228,9 k €	+22.7%	186,6 k €	+1461%	12 k €
Total assets	672,8 k €	-8.4%	734,3 k €	+1.3%	724,6 k €	-0.4%	727,4 k €	+3.3%	704 k €	+5.8%	665,2 k €	+4.4%	637,1 k €	+2.9%	619,1 k €	+0.2%	618 k €	-0.8%	622,8 k €	-2.7%	640,2 k €	+0.5%	637,2 k €	-0.9%	643,3 k €	-2.3%	658,7 k €	-1.4%	667,8 k €	+13.6%	587,7 k €	-1.7%	598 k €	-3.8%	621,7 k €	+334%	143,4 k €
Cash	36,4 k €	-26.6%	49,5 k €	-49.6%	98,2 k €	+5.4%	93,2 k €	+15.3%	80,8 k €	+121%	36,6 k €	+28.3%	28,5 k €	+301%	7,1 k €	+121%	3,2 k €	+312%	783,1 €	+4.4%	750,4 €	-92.6%	10,2 k €	-52.4%	21,4 k €	-41.8%	36,9 k €	-21.3%	46,9 k €	+84.4%	25,4 k €	+37.2%	18,5 k €	-38.0%	29,9 k €	-79.2%	143,4 k €
Debts	129,9 k €	-25.4%	174,2 k €	+4.6%	166,6 k €	+0.9%	165,2 k €	+5.4%	156,7 k €	+13.4%	138,2 k €	+12.5%	122,8 k €	+1.9%	120,5 k €	-17.3%	145,6 k €	-17.7%	176,9 k €	-16.5%	211,8 k €	-10.5%	236,6 k €	-5.4%	250,2 k €	-13.7%	289,8 k €	-14.0%	336,9 k €	+7.2%	314,3 k €	-12.4%	358,9 k €	-16.5%	429,8 k €	+227%	131,4 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		0,0 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 · 1 ended

Active mandates

Marianne Naveau

Manager

Active

Ended mandates

Marianne Naveau

Manager · since 29 décembre 2005

Ended

At this address

Other companies at this address

Company	CBE no.
NAVEAU-SMEETS● Active	0436.294.716

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	18/08/2026	28/08/2025	28/08/2024	29/08/2023	26/08/2022	30/08/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	18/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	07/08/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	28/06/2011	Dutch	PDF
Abridged modelCorrection	31/12/2009	26/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	06/07/2007	Dutch	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 · 1 ended

Active mandates

Marianne Naveau

Manager

Active

Ended mandates

Marianne Naveau

Manager · since 29 décembre 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares24/01/2007
KAPITAAL - AANDELEN
PDF
Other17/01/2006
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

2025
Annual accounts 2025-11,6 k €↓
2024
Annual accounts 2024-5,7 k €↓
2023
Annual accounts 2023-1,4 k €↓
2022
Annual accounts 20229 k €↑
2021
Annual accounts 20217,1 k €↓
2019
Annual accounts 201912,7 k €↓
2018
Annual accounts 201835 k €↑
2017
Annual accounts 201725,3 k €↑
2016
Annual accounts 201622,9 k €↑
2015
Annual accounts 201522,4 k €↓
2014
Annual accounts 201422,9 k €↓
2013
Annual accounts 201325,2 k €↑
2012
Annual accounts 201225,2 k €↓
2011
Annual accounts 201133,8 k €↓
2010
Annual accounts 201053,5 k €↑
2009
Annual accounts 200939 k €↓
2008
Annual accounts 200842,4 k €↑
2007
Annual accounts 200737 k €↑
2006
Annual accounts 2006-447 €
06/01/2006
IncorporationPrivate 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

MARNAV

Overview

What does MARNAV do?

Trend over 19 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