ACTIVE

MARAS

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

79,9 k €

+821.8% YoY

Gross margin

236,2 k €

+65.9% YoY

Equity

185,3 k €

+34.8% YoY

Workforce

1,1 ETP

0.0% YoY

What does MARAS do?

MARAS is a Private limited company incorporated in 2006. Its registered office is in Niel. It employs on average 1,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.192.540

Incorporation

09/05/2006

Legal form

Private limited company

Registered office

Aimé De Langlestraat 28
2845 Niel · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Average workforce

1,1 ETP

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	236,2 k €	+65.9%	142,4 k €	-10.6%	159,3 k €	+42.6%	111,7 k €	-27.9%	154,8 k €	+9.5%	141,4 k €	-19.8%	176,2 k €	-16.5%	211,1 k €	-17.2%	254,9 k €	+2.5%	248,7 k €	+24.2%	200,2 k €	+6.4%	188,1 k €	+18.2%	159,1 k €	-1.5%	161,6 k €	+31.9%	122,5 k €	+20.7%	101,5 k €	+138%	42,6 k €
EBITDA	151,6 k €	+238%	44,9 k €	+20.9%	37,1 k €	-8.7%	40,7 k €	-1.8%	41,4 k €	+454%	7,5 k €	-82.2%	42 k €	-25.3%	56,2 k €	-23.6%	73,6 k €	+12.4%	65,4 k €	+568%	9,8 k €	-76.8%	42,3 k €	-14.6%	49,5 k €	-19.7%	61,6 k €	-6.7%	66 k €	+17.2%	56,3 k €	+71.1%	32,9 k €
Operating result	119,4 k €	+548%	18,4 k €	+73.5%	10,6 k €	-27.2%	14,6 k €	-14.6%	17,1 k €	+202%	-16,8 k €	-311%	8 k €	-73.1%	29,6 k €	-49.2%	58,3 k €	+22.8%	47,5 k €	+691%	-8 k €	-127%	29,8 k €	+41.7%	21 k €	-34.2%	32 k €	-20.1%	40 k €	+27.6%	31,4 k €	+42.8%	22 k €
Net result	79,9 k €	+822%	8,7 k €	+424%	1,7 k €	-68.3%	5,2 k €	-39.3%	8,6 k €	+133%	-25,8 k €	-1222%	-1,9 k €	-112%	15,7 k €	-50.4%	31,7 k €	+11.3%	28,5 k €	+315%	-13,2 k €	-167%	19,8 k €	+82.3%	10,9 k €	-43.7%	19,3 k €	-21.9%	24,7 k €	+41.7%	17,4 k €	+21.3%	14,3 k €
Balance sheet
Equity	185,3 k €	+34.8%	137,5 k €	-25.6%	184,9 k €	+0.9%	183,2 k €	+20.9%	151,6 k €	+6.0%	143 k €	-15.3%	168,8 k €	-1.1%	170,7 k €	+10.2%	155 k €	+25.7%	123,3 k €	+30.1%	94,8 k €	-12.3%	108 k €	+22.4%	88,2 k €	+14.0%	77,4 k €	+33.1%	58,1 k €	+57.3%	37 k €	+79.9%	20,5 k €
Total assets	375,5 k €	+5.8%	355 k €	-4.7%	372,3 k €	-14.7%	436,5 k €	+24.7%	349,9 k €	-8.8%	383,5 k €	-11.7%	434,4 k €	-0.2%	435,3 k €	+14.4%	380,5 k €	-0.0%	380,5 k €	-1.5%	386,3 k €	+95.5%	197,6 k €	+15.1%	171,6 k €	-7.5%	185,5 k €	+2.1%	181,8 k €	-4.5%	190,4 k €	+80.3%	105,6 k €
Cash	52,3 k €	+111%	24,8 k €	+318%	5,9 k €	-89.3%	55,8 k €	+128%	24,5 k €	-21.8%	31,3 k €	-18.6%	38,4 k €	-43.7%	68,3 k €	+97.4%	34,6 k €	-28.5%	48,3 k €	+3.0%	46,9 k €	-56.1%	106,9 k €	+37.3%	77,8 k €	+10.1%	70,7 k €	+28.2%	55,2 k €	+28.3%	43 k €	+321%	10,2 k €
Debts	187,7 k €	-10.6%	209,9 k €	+13.0%	185,8 k €	-26.5%	252,7 k €	+27.4%	198,3 k €	-17.4%	240,2 k €	-9.4%	265,2 k €	+0.2%	264,6 k €	+17.3%	225,5 k €	-12.3%	257 k €	-11.8%	291,5 k €	+227%	89,2 k €	+7.0%	83,4 k €	-22.9%	108,2 k €	-12.5%	123,6 k €	-19.4%	153,4 k €	+80.4%	85 k €
Other
Workforce	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	-50.0%	2,2 ETP	-43.6%	3,9 ETP	+8.3%	3,6 ETP	+16.1%	3,1 ETP	-11.4%	3,5 ETP	+75.0%	2,0 ETP	-48.7%	3,9 ETP	+34.5%	2,9 ETP	+38.1%	2,1 ETP	-8.7%	2,3 ETP	+91.7%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 6 ended

Active mandates

Anja Maras

Director · since 14 septembre 2011

Active

Chris Maras

Director · since 27 avril 2006

Active

Ended mandates

Anja Maras

Manager · since 24 septembre 2011

Ended

Anja Maras

Manager · since 14 septembre 2011

Ended

Chris Maras

Manager · since 27 avril 2006

Ended

Pawel Borys Kosek

Manager · since 27 avril 2006 · until 29 juin 2007

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/01/2026	30/01/2025	30/01/2024	29/01/2023	28/01/2022	29/01/2021
General meeting	31/12/2025	16/01/2025	29/12/2023	24/01/2023	30/12/2021	25/01/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/12/2025	20/01/2026	Dutch	PDF
Abridged model	30/06/2024	16/01/2025	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	29/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	24/01/2023	29/01/2023	Dutch	PDF
Abridged model	30/06/2021	30/12/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	25/01/2021	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	29/01/2020	30/01/2020	Dutch	PDF
Abridged model	30/06/2018	28/12/2018	18/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	30/01/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	21/01/2016	Dutch	PDF
Abridged model	30/06/2014	01/12/2014	23/12/2014	Dutch	PDF
Abridged model	30/06/2013	31/12/2013	30/01/2014	Dutch	PDF
Abridged model	30/06/2012	31/12/2012	29/01/2013	Dutch	PDF
Abridged model	30/06/2011	30/12/2011	27/01/2012	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	22/12/2010	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	07/12/2009	Dutch	PDF
Abridged model	30/06/2008	01/12/2008	11/12/2008	Dutch	PDF
Abridged model	30/06/2007	03/12/2007	20/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 30/06/2025 · 2 active · 6 ended

Active mandates

Anja Maras

Director · since 14 septembre 2011

Active

Chris Maras

Director · since 27 avril 2006

Active

Ended mandates

Anja Maras

Manager · since 24 septembre 2011

Ended

Anja Maras

Manager · since 14 septembre 2011

Ended

Chris Maras

Manager · since 27 avril 2006

Ended

Pawel Borys Kosek

Manager · since 27 avril 2006 · until 29 juin 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/01/2024
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/10/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/12/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other18/05/2006
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 202579,9 k €↑
2024
Annual accounts 20248,7 k €↑
2023
Annual accounts 20231,7 k €↓
2022
Annual accounts 20225,2 k €↓
2019
Annual accounts 20198,6 k €↑
2018
Annual accounts 2018-25,8 k €↓
2017
Annual accounts 2017-1,9 k €↓
2016
Annual accounts 201615,7 k €↓
2015
Annual accounts 201531,7 k €↑
2014
Annual accounts 201428,5 k €↑
2013
Annual accounts 2013-13,2 k €↓
2012
Annual accounts 201219,8 k €↑
2011
Annual accounts 201110,9 k €↓
2010
Annual accounts 201019,3 k €↓
2009
Annual accounts 200924,7 k €↑
2008
Annual accounts 200817,4 k €↑
2007
Annual accounts 200714,3 k €
09/05/2006
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

MARAS

Overview

What does MARAS do?

Trend over 17 financial years

Indicative valuation

Board of directors

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