ACTIVE

MARED GROEP

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Financial year 2025 · closed on 31/12/2025

Net result

1,7 M €

+6283.3% YoY

Gross margin

-166,4 k €

-384.5% YoY

Equity

1,9 M €

+276.3% YoY

Workforce

0,0 ETP

What does MARED GROEP do?

MARED GROEP is a Private limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Burg-Reuland.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.645.011

Incorporation

10/04/2007

Legal form

Private limited company

Registered office

Kemperberg, Ouren 60
4790 Burg-Reuland · WallonieSee on map

Contributed capital

218 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65234Reinsurance 70100Activities of head offices 70100Activities of head offices 74152Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007
Income statement
Gross margin	-166,4 k €	-385%	58,5 k €	-13.5%	67,6 k €	+78.5%	37,9 k €	+22.0%	31 k €	-80.4%	158,4 k €	+94.4%	81,5 k €	+13.7%	71,7 k €	-18.2%	87,7 k €	+57.5%	55,6 k €	+42.4%	39,1 k €	-14.7%	45,8 k €	-5.9%	48,7 k €	+35.8%	35,9 k €	+46.2%	24,5 k €	-8.6%	26,8 k €	-8.6%	29,4 k €	+125%	13 k €
EBITDA	-168,3 k €	-394%	57,3 k €	-13.2%	66 k €	+78.6%	37 k €	+23.5%	29,9 k €	-81.0%	157,3 k €	+95.7%	80,4 k €	+28.9%	62,3 k €	-28.1%	86,7 k €	+59.4%	54,4 k €	+42.9%	38,1 k €	-15.0%	44,8 k €	-5.6%	47,5 k €	+37.7%	34,5 k €	+43.3%	24,1 k €	-7.0%	25,9 k €	-9.9%	28,7 k €	+130%	12,5 k €
Operating result	-177,3 k €	-432%	53,4 k €	-14.5%	62,4 k €	+254%	17,6 k €	+69.6%	10,4 k €	-92.5%	137,7 k €	+126%	60,8 k €	+31.3%	46,3 k €	-46.6%	86,7 k €	+59.4%	54,4 k €	+42.9%	38,1 k €	-15.0%	44,8 k €	-5.6%	47,5 k €	+42.5%	33,3 k €	+66.9%	20 k €	+8.6%	18,4 k €	+1.2%	18,2 k €	+47.1%	12,4 k €
Net result	1,7 M €	+6283%	26,7 k €	-82.4%	151,5 k €	+1639%	-9,8 k €	+67.6%	-30,4 k €	-131%	96,7 k €	+5270%	1,8 k €	-90.1%	18,2 k €	-8.1%	19,8 k €	+57.6%	12,6 k €	+289%	3,2 k €	-16.6%	3,9 k €	-21.5%	4,9 k €	+23.1%	4 k €	+54.5%	2,6 k €	+695%	327 €	+153%	-620 €	-268%	369 €
Balance sheet
Equity	1,9 M €	+276%	517,8 k €	+5.4%	491,1 k €	+44.6%	339,6 k €	-2.8%	349,4 k €	-8.0%	379,9 k €	+34.1%	283,2 k €	+0.6%	281,4 k €	+6.9%	263,2 k €	+8.2%	243,3 k €	+692%	30,7 k €	+11.8%	27,5 k €	+16.4%	23,6 k €	+26.4%	18,7 k €	+27.4%	14,7 k €	+21.5%	12,1 k €	-34.2%	18,3 k €	-3.3%	19 k €
Total assets	2,1 M €	+4.9%	2 M €	-1.0%	2 M €	+1.9%	2 M €	-2.2%	2 M €	-3.7%	2,1 M €	+8.7%	2 M €	-0.0%	2 M €	+5.1%	1,9 M €	+1.9%	1,8 M €	+68.8%	1,1 M €	-1.4%	1,1 M €	-1.1%	1,1 M €	-0.4%	1,1 M €	+0.3%	1,1 M €	+0.7%	1,1 M €	+8.3%	1 M €	+17.8%	864,2 k €
Cash	1 M €	+809%	115,4 k €	+103%	56,8 k €	-49.6%	112,8 k €	+95.3%	57,7 k €	+171%	21,3 k €	+10.0%	19,3 k €	+140%	8,1 k €	-73.8%	30,8 k €	+937%	3 k €	+382%	615 €	-85.1%	4,1 k €		–		412 €	-35.2%	636 €	-74.1%	2,5 k €	+258%	686 €	-86.0%	4,9 k €
Debts	167,9 k €	-88.8%	1,5 M €	-3.1%	1,5 M €	-6.8%	1,7 M €	-1.6%	1,7 M €	-3.2%	1,7 M €	+4.4%	1,7 M €	-0.1%	1,7 M €	+5.5%	1,6 M €	+0.3%	1,6 M €	+50.6%	1,1 M €	-1.7%	1,1 M €	-1.5%	1,1 M €	-0.8%	1,1 M €	-0.1%	1,1 M €	+0.5%	1,1 M €	+9.1%	999,5 k €	+18.2%	845,2 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Edwin Kappert

Director

Active

Marc van der Linden

Director

Active

Ended mandates

Edwin Kappert

Manager · since 10 avril 2007

Ended

Edwin KAPPERT

Director · since 10 avril 2007

Ended

Marc Van der Linden

Manager · since 10 avril 2007

Ended

Marc VAN DER LINDEN

Director · since 10 avril 2007

Ended

At this address

Other companies at this address

Company	CBE no.
MARED INDOOR● Active	0523.958.762

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	20/07/2026	31/07/2025	26/07/2024	30/11/2023	30/12/2022	28/10/2021
General meeting	15/07/2026	30/07/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/07/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	24/05/2024	26/07/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	30/11/2023	German	PDF
Abridged model	31/12/2021	27/05/2022	30/12/2022	German	PDF
Abridged model	31/12/2020	28/05/2021	28/10/2021	German	PDF
Abridged model	31/12/2019	22/05/2020	13/11/2020	German	PDF
Abridged model	31/12/2018	24/05/2019	03/10/2019	German	PDF
Abridged model	31/12/2017	25/05/2018	20/06/2018	German	PDF
Abridged model	31/12/2016	26/05/2017	20/06/2017	German	PDF
Abridged model	31/12/2015	27/05/2016	25/08/2016	German	PDF
Abridged model	31/12/2014	22/05/2015	26/08/2015	German	PDF
Abridged model	31/12/2013	23/05/2014	26/08/2014	German	PDF
Abridged model	31/12/2012	24/05/2013	28/08/2013	German	PDF
Abridged model	31/12/2011	25/05/2012	07/09/2012	German	PDF
Abridged model	31/12/2010	27/05/2011	20/09/2011	German	PDF
Abridged model	31/12/2008	22/05/2009	28/09/2009	German	PDF
Abridged model	31/12/2007	23/05/2008	13/10/2008	German	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 4 ended

Active mandates

Edwin Kappert

Director

Active

Marc van der Linden

Director

Active

Ended mandates

Edwin Kappert

Manager · since 10 avril 2007

Ended

Edwin KAPPERT

Director · since 10 avril 2007

Ended

Marc Van der Linden

Manager · since 10 avril 2007

Ended

Marc VAN DER LINDEN

Director · since 10 avril 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/10/2025
GESELLSCHAFTSSITZ
PDF
Mandates20/03/2024
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - AENDERUNG RECHTSFORM - ENTLASSUNG - ERNENNUNG
PDF
Registered office02/03/2017
GESELLSCHAFTSSITZ
PDF
Capital / shares12/05/2016
KAPITAL - AKTIEN - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Mandates29/05/2007
ENTLASSUNG - ERNENNUNG
PDF
Other18/04/2007
RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
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 20251,7 M €↑
2024
Annual accounts 202426,7 k €↓
2023
Annual accounts 2023151,5 k €↑
2022
Annual accounts 2022-9,8 k €↑
2021
Annual accounts 2021-30,4 k €↓
2020
Annual accounts 202096,7 k €↑
2019
Annual accounts 20191,8 k €↓
2018
Annual accounts 201818,2 k €↓
2017
Annual accounts 201719,8 k €↑
2016
Annual accounts 201612,6 k €↑
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 20143,9 k €↓
2013
Annual accounts 20134,9 k €↑
2012
Annual accounts 20124 k €↑
2011
Annual accounts 20112,6 k €↑
2010
Annual accounts 2010327 €↑
2008
Annual accounts 2008-620 €↓
2007
Annual accounts 2007369 €
10/04/2007
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

MARED GROEP

Overview

What does MARED GROEP do?

Trend over 18 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