ACTIVE

MARMA LOGISTICS

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Financial year 2025 · closed on 31/12/2025

Net result

58,9 k €

+85.0% YoY

Gross margin

2,2 M €

-1.8% YoY

Equity

1,7 M €

+3.4% YoY

Workforce

27,9 ETP

-2.1% YoY

What does MARMA LOGISTICS do?

MARMA LOGISTICS is a Private limited company incorporated in 2006. Its main activity is: Freight transport by road. Its registered office is in Tienen. It employs on average 27,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.987.670

Incorporation

20/01/2006

Legal form

Private limited company

Registered office

Fred Chaffartlaan 11
3300 Tienen · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

27,9 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 68100Buying and selling of own real estate 68110Buying and selling of own real estate

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,2 M €	-1.8%	2,2 M €	+155%	875,2 k €	-51.8%	1,8 M €	+19.9%	1,5 M €	+10.7%	1,4 M €	+55.0%	882,7 k €	+178%	318 k €	-8.2%	346,4 k €	+13.9%	304,2 k €	+23.1%	247,1 k €	+12.8%	219,1 k €	+14.3%	191,7 k €	+12.6%	170,3 k €	-19.5%	211,6 k €	+68.9%	125,3 k €	+153%	49,5 k €	+13.5%	43,6 k €	+557%	-9,5 k €	+60.0%	-23,8 k €
EBITDA	614,7 k €	-0.8%	619,5 k €	+213%	197,9 k €	-68.0%	619,3 k €	+3.4%	599,2 k €	+20.5%	497,2 k €	+152%	197 k €	+37.3%	143,5 k €	-45.0%	261,1 k €	+82.8%	142,8 k €	-17.9%	174 k €	+14.5%	152 k €	+21.1%	125,5 k €	+8.1%	116,1 k €	-27.9%	161,1 k €	+79.0%	90 k €	+106%	43,7 k €	+2.3%	42,8 k €	+548%	-9,6 k €	+61.7%	-25 k €
Operating result	137,7 k €	+18.7%	116 k €	+314%	-54,3 k €	-175%	72 k €	-20.5%	90,6 k €	+11.3%	81,3 k €	+169%	30,3 k €	+187%	10,5 k €	-94.6%	194,5 k €	+157%	75,8 k €	-29.7%	107,8 k €	+31.6%	81,9 k €	+48.6%	55,1 k €	-18.1%	67,3 k €	-39.9%	112,1 k €	+174%	41 k €	+9055%	447,6 €	-76.5%	1,9 k €	+106%	-31,3 k €	-25.3%	-25 k €
Net result	58,9 k €	+85.0%	31,8 k €	+133%	-95,1 k €	-68.6%	-56,4 k €	-1313%	4,6 k €	-74.1%	17,9 k €	+452%	3,2 k €	+135%	-9,2 k €	-108%	110 k €	+148%	44,4 k €	-19.0%	54,8 k €	+56.1%	35,1 k €	+60.6%	21,8 k €	-29.2%	30,9 k €	-65.6%	89,8 k €	+348%	20,1 k €	+192%	-21,7 k €	+1.1%	-21,9 k €	+51.1%	-44,8 k €	-76.3%	-25,4 k €
Balance sheet
Equity	1,7 M €	+3.4%	1,7 M €	+1.8%	1,6 M €	-5.5%	1,7 M €	-3.3%	1,8 M €	+0.0%	1,8 M €	+3.2%	1,7 M €	+281%	458,7 k €	-2.0%	467,9 k €	+81.4%	257,9 k €	+20.8%	213,5 k €	+34.5%	158,8 k €	+28.4%	123,7 k €	+21.5%	101,8 k €	+43.5%	71 k €	+476%	-18,9 k €	+51.5%	-38,9 k €	-126%	-17,2 k €	-465%	4,7 k €	-90.5%	49,6 k €
Total assets	7 M €	-4.3%	7,3 M €	-4.2%	7,6 M €	-5.1%	8 M €	-3.1%	8,3 M €	-3.1%	8,6 M €	+44.3%	5,9 M €	+202%	2 M €	+30.8%	1,5 M €	+89.8%	792,1 k €	+16.1%	682,5 k €	-0.4%	685 k €	-3.8%	712,3 k €	+20.7%	590,3 k €	+1.1%	583,6 k €	-14.6%	683,1 k €	+4.0%	657 k €	-3.1%	678 k €	+0.4%	675,5 k €	+431%	127,2 k €
Cash	114,8 k €	+224%	35,4 k €	+51.1%	23,5 k €	-76.4%	99,4 k €	+33.2%	74,6 k €	-81.3%	399,1 k €	+410%	78,2 k €	+100%	39,1 k €	-96.0%	965,2 k €	+772%	110,7 k €	+13.6%	97,4 k €	+134%	41,6 k €	+725%	5 k €	-82.6%	29 k €	+440%	5,4 k €	-77.5%	23,8 k €	+733%	2,9 k €	-13.7%	3,3 k €		–		5,4 €
Debts	5,3 M €	-6.6%	5,6 M €	-5.8%	6 M €	-4.9%	6,3 M €	-3.1%	6,5 M €	-4.0%	6,8 M €	+61.5%	4,2 M €	+178%	1,5 M €	+45.6%	1 M €	+139%	434,2 k €	-7.4%	469 k €	-10.6%	524,4 k €	-10.6%	586,6 k €	+20.1%	488,4 k €	-3.6%	506,7 k €	-27.8%	702 k €	+0.9%	695,9 k €	+1.4%	686,7 k €	+2.4%	670,7 k €	+764%	77,7 k €
Other
Workforce	27,9 ETP	-2.1%	28,5 ETP	+18.3%	24,1 ETP	+32.4%	18,2 ETP	0.0%	18,2 ETP	+7.1%	17,0 ETP	+18.1%	14,4 ETP		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		–

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 · 3 active · 9 ended

Active mandates

Lien Portauwe

Director · since 24 juin 2024

Active

Nick Portauwe

Director · since 24 juin 2024

Active

Steve Portauwe

Managing director · since 24 juin 2024

Active

Ended mandates

Lien Portauwe

Director · since 21 septembre 2023

Ended

Marcel Portauwe

Director · since 21 septembre 2023 · until 24 juin 2024

Ended

Marcel Portauwe

Director · since 21 septembre 2023

Ended

Maria Wolfs

Director · since 21 septembre 2023 · until 24 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
BTWE ECO VAT GROUP● Active	1011.042.282
EcoProperties● Active	1007.017.574
EcoRetail● Active	0799.405.803
Marma● Active	0461.931.222

Annual accounts

Full financial information

	2025	2024	2023	2023	2022	2021
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	01/07/2023	01/07/2022	01/07/2021	01/07/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2023	30/06/2022	30/06/2021
Length of the financial year	12 months	12 months	6 months	12 months	12 months	12 months
Filing date	29/06/2026	07/07/2025	26/07/2024	30/12/2023	16/01/2023	17/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	22/12/2023	22/12/2022	25/10/2021
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
Abridged model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	30/06/2023	22/12/2023	30/12/2023	Dutch	PDF
Abridged model	30/06/2022	22/12/2022	16/01/2023	Dutch	PDF
Abridged model	30/06/2021	25/10/2021	17/12/2021	Dutch	PDF
Abridged model	30/06/2020	23/11/2020	21/12/2020	Dutch	PDF
Abridged model	30/06/2019	28/10/2019	26/11/2019	Dutch	PDF
Abridged model	30/06/2018	29/10/2018	08/11/2018	Dutch	PDF
Abridged model	30/06/2017	20/11/2017	15/12/2017	Dutch	PDF
Abridged model	30/06/2016	21/11/2016	28/11/2016	Dutch	PDF
Abridged model	30/06/2015	26/10/2015	24/11/2015	Dutch	PDF
Abridged model	30/06/2014	17/11/2014	19/11/2014	Dutch	PDF
Abridged model	30/06/2013	12/12/2013	20/12/2013	Dutch	PDF
Abridged model	30/06/2012	12/11/2012	22/11/2012	Dutch	PDF
Abridged model	30/06/2011	21/11/2011	22/12/2011	Dutch	PDF
Abridged model	30/06/2010	25/10/2010	16/11/2010	Dutch	PDF
Abridged model	30/06/2009	16/11/2009	12/12/2009	Dutch	PDF
Abridged model	30/06/2008	17/11/2008	30/12/2008	Dutch	PDF
Abridged model	30/06/2007	26/10/2007	30/11/2007	Dutch	PDF

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 · 3 active · 9 ended

Active mandates

Lien Portauwe

Director · since 24 juin 2024

Active

Nick Portauwe

Director · since 24 juin 2024

Active

Steve Portauwe

Managing director · since 24 juin 2024

Active

Ended mandates

Lien Portauwe

Director · since 21 septembre 2023

Ended

Marcel Portauwe

Director · since 21 septembre 2023 · until 24 juin 2024

Ended

Marcel Portauwe

Director · since 21 septembre 2023

Ended

Maria Wolfs

Director · since 21 septembre 2023 · until 24 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other08/01/2019
BENAMING
PDF
Other06/02/2006
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 202558,9 k €↑
2024
Annual accounts 202431,8 k €↑
2023
Annual accounts 2023-95,1 k €↓
2023
Annual accounts 2023-56,4 k €↓
2022
Annual accounts 20224,6 k €↓
2021
Annual accounts 202117,9 k €↑
2020
Annual accounts 20203,2 k €↑
2019
Annual accounts 2019-9,2 k €↓
2019
Name changeMarma Logistics
2018
Annual accounts 2018110 k €↑
2017
Annual accounts 201744,4 k €↓
2016
Annual accounts 201654,8 k €↑
2015
Annual accounts 201535,1 k €↑
2014
Annual accounts 201421,8 k €↓
2013
Annual accounts 201330,9 k €↓
2012
Annual accounts 201289,8 k €↑
2011
Annual accounts 201120,1 k €↑
2010
Annual accounts 2010-21,7 k €↑
2009
Annual accounts 2009-21,9 k €↑
2008
Annual accounts 2008-44,8 k €↓
2007
Annual accounts 2007-25,4 k €
2007
Name changeMARPO CONSULT
20/01/2006
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

MARMA LOGISTICS

Overview

What does MARMA LOGISTICS 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