ACTIVE

GARMAR

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Financial year 2025 · closed on 30/06/2025

Net result

-59,4 k €

-31.7% YoY

Gross margin

16,1 k €

+74.9% YoY

Equity

-245,6 k €

-31.9% YoY

What does GARMAR do?

GARMAR is a Private limited company incorporated in 2007. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.564.432

Incorporation

22/05/2007

Legal form

Private limited company

Registered office

Rue Pierre du Diable(JB) 5
5100 Namur · WallonieSee on map

Contributed capital

367 600,00 €

Latest accounts

30/06/2025

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	16,1 k €	+74.9%	9,2 k €	-35.6%	14,2 k €	+501%	-3,6 k €	-123%	15,1 k €	+1315%	1,1 k €	-92.9%	15,1 k €	-96.5%	426,5 k €	+630%	58,5 k €	+143%	24 k €	-77.4%	106,4 k €	+160%	40,9 k €	+24.3%	32,9 k €	+218%	10,4 k €	+53.4%	6,8 k €	+2.0%	6,6 k €
EBITDA	-8,8 k €	-213%	-2,8 k €	-146%	6,1 k €	+152%	-11,7 k €	+50.1%	-23,4 k €	+7.2%	-25,2 k €	-50.7%	-16,7 k €	-105%	340,8 k €	+1013%	30,6 k €	+20879%	146 €	-99.8%	97,2 k €	+179%	34,9 k €	+51.8%	23 k €	+1156%	1,8 k €	+862%	-240 €	-111%	2,1 k €
Operating result	-58,7 k €	-33.2%	-44,1 k €	-15.8%	-38,1 k €	+16.4%	-45,5 k €	+43.1%	-80 k €	+18.3%	-98 k €	-45.3%	-67,5 k €	-122%	303,1 k €	+501%	-75,6 k €	-36.6%	-55,3 k €	-228%	43,3 k €	+331%	-18,7 k €	-206%	17,6 k €	+4127%	-438 €	+39.6%	-725 €	-190%	806 €
Net result	-59,4 k €	-31.7%	-45,1 k €	-15.8%	-38,9 k €	+28.9%	-54,8 k €	+44.2%	-98,2 k €	+15.3%	-116 k €	-44.0%	-80,5 k €	-133%	244 k €	+384%	-85,8 k €	-15.5%	-74,3 k €	-321%	33,6 k €	+188%	-38 k €	-443%	11,1 k €	+962%	-1,3 k €	+33.6%	-1,9 k €	-4051%	49 €
Balance sheet
Equity	-245,6 k €	-31.9%	-186,1 k €	-32.0%	-141 k €	-38.1%	-102,1 k €	-164%	160,2 k €	-38.0%	258,4 k €	-62.5%	689,4 k €	-10.5%	770 k €	+46.4%	526 k €	-14.0%	611,8 k €	-10.8%	686,1 k €	+5.1%	652,5 k €	+2362%	26,5 k €	+71.8%	15,4 k €	-7.7%	16,7 k €	-10.4%	18,6 k €
Total assets	1 M €	-5.1%	1,1 M €	-0.7%	1,1 M €	-3.8%	1,2 M €	-10.2%	1,3 M €	-6.3%	1,4 M €	+14.4%	1,2 M €	-17.4%	1,4 M €	+30.5%	1,1 M €	-0.6%	1,1 M €	-0.7%	1,1 M €	+8.6%	1 M €	+795%	115,9 k €	+160%	44,5 k €	+55.3%	28,7 k €	+2.2%	28,1 k €
Cash	3 k €	+993%	276 €	-98.2%	15,1 k €		0 €	-100%	18 k €	+9.6%	16,4 k €	-90.3%	169,7 k €	-64.6%	479,4 k €	+6372%	7,4 k €	-3.0%	7,6 k €	+17.0%	6,5 k €	+166%	2,5 k €	+27.7%	1,9 k €	-83.9%	11,9 k €	-9.4%	13,1 k €	-31.0%	19 k €
Debts	1,3 M €	+0.3%	1,3 M €	+3.0%	1,2 M €	+0.2%	1,2 M €	+11.5%	1,1 M €	+1.0%	1,1 M €	+119%	506,5 k €	-24.4%	670,3 k €	+15.8%	578,8 k €	+16.2%	498,3 k €	+14.3%	436 k €	+14.3%	381,6 k €	+327%	89,3 k €	+207%	29,1 k €	+143%	12 k €	+27.2%	9,4 k €
Other
Workforce	–		–		0,0 ETP		–		0,6 ETP	0.0%	0,6 ETP	-14.3%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	+16.7%	0,6 ETP	+20.0%	0,5 ETP		–		–		–		–		–

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Jean-Pierre MARTIN

Director

Active

Ended mandates

Jean-Pierre MARTIN

Director · since 22 mai 2007

Ended

Jean-Pierre MARTIN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
PROJECT 21 C● Active	0471.431.975

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	03/09/2026	03/09/2026	31/01/2024	13/02/2023	15/02/2022	15/02/2021
General meeting	25/08/2026	24/08/2026	04/12/2023	05/12/2022	06/12/2021	07/12/2020
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
Micro model	30/06/2025	25/08/2026	03/09/2026	French	PDF
Micro model	30/06/2024	24/08/2026	03/09/2026	French	PDF
Abridged model	30/06/2023	04/12/2023	31/01/2024	French	PDF
Abridged model	30/06/2022	05/12/2022	13/02/2023	French	PDF
Abridged model	30/06/2021	06/12/2021	15/02/2022	French	PDF
Abridged model	30/06/2020	07/12/2020	15/02/2021	French	PDF
Abridged model	30/06/2019	02/12/2019	18/02/2020	French	PDF
Abridged model	30/06/2018	03/12/2018	19/02/2019	French	PDF
Abridged model	30/06/2017	04/12/2017	28/02/2018	French	PDF
Abridged model	30/06/2016	05/12/2016	27/02/2017	French	PDF
Abridged model	30/06/2015	07/12/2015	23/02/2016	French	PDF
Abridged model	30/06/2014	01/12/2014	13/01/2015	French	PDF
Abridged model	30/06/2013	02/12/2013	23/12/2013	French	PDF
Abridged model	30/06/2012	03/12/2012	21/01/2013	French	PDF
Abridged model	31/03/2011	05/09/2011	14/09/2011	French	PDF
Abridged model	31/03/2010	06/09/2010	26/10/2010	French	PDF
Abridged model	31/03/2009	07/09/2009	26/10/2009	French	PDF
Abridged model	31/03/2008	14/11/2008	17/11/2008	French	PDF

Estimate

Indicative valuation

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 · 1 active · 2 ended

Active mandates

Jean-Pierre MARTIN

Director

Active

Ended mandates

Jean-Pierre MARTIN

Director · since 22 mai 2007

Ended

Jean-Pierre MARTIN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/01/2018
CAPITAL, ACTIONS
PDF
Capital / shares17/07/2012
CAPITAL, ACTIONS
PDF
Other02/05/2012
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other31/05/2007
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 2025-59,4 k €↓
2024
Annual accounts 2024-45,1 k €↓
2023
Annual accounts 2023-38,9 k €↑
2022
Annual accounts 2022-54,8 k €↑
2019
Annual accounts 2019-98,2 k €↑
2018
Annual accounts 2018-116 k €↓
2017
Annual accounts 2017-80,5 k €↓
2016
Annual accounts 2016244 k €↑
2015
Annual accounts 2015-85,8 k €↓
2014
Annual accounts 2014-74,3 k €↓
2013
Annual accounts 201333,6 k €↑
2012
Annual accounts 2012-38 k €↓
2011
Annual accounts 201111,1 k €↑
2010
Annual accounts 2010-1,3 k €↑
2009
Annual accounts 2009-1,9 k €↓
2008
Annual accounts 200849 €
22/05/2007
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

GARMAR

Overview

What does GARMAR do?

Trend over 16 financial years

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