ACTIVE

MARAM

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Financial year 2025 · closed on 31/12/2025
Net result
720,8 €
-65.5% YoY
Gross margin
5,1 k €
-14.8% YoY
Equity
68 k €
+1.1% YoY
Workforce
0,0 ETP

What does MARAM do?

MARAM is a Private company with limited liability incorporated in 2007. Its main activity is: Electrical installation. Its registered office is in Koksijde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0892.245.590
Incorporation
24/09/2007
Legal form
Private company with limited liability
Registered office
Jorisstraat(Kok) 2 box 5.1
8670 Koksijde · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
43212Electrical installation· main43212Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43230Electrical, plumbing and other construction installation activities43291Other construction installation+8
Joint committees (1)
  • 149
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320212018201720162015201420132012201120102008
Income statement
Gross margin5,1 k €6 k €7,6 k €192,2 €9,7 k €49,4 k €40,2 k €37,8 k €33 k €41,9 k €53,2 k €4,6 k €4,8 k €-1,7 k €
EBITDA5 k €5,8 k €7,4 k €81,2 €-9,2 k €39,4 k €37,8 k €36,3 k €27,7 k €40,6 k €51,5 k €3,5 k €3,7 k €-3,4 k €
Operating result5 k €5,8 k €7,4 k €81,2 €-9,2 k €39,4 k €24,7 k €23,3 k €13,2 k €30,1 k €41 k €-6,6 k €-6,4 k €-3,4 k €
Net result720,8 €2,1 k €8,1 k €20 k €9,3 k €22,3 k €9 k €5,4 k €233 €19,1 k €28,9 k €-20,4 k €-18,1 k €-26,5 k €
Balance sheet
Equity68 k €67,3 k €65,2 k €14,1 k €-3,9 k €-13,2 k €-35,5 k €-44,5 k €-49,9 k €-50,1 k €-69,2 k €-98,2 k €-77,8 k €-20,3 k €
Total assets189,2 k €196,5 k €102 k €213,5 k €34,4 k €12,8 k €232 k €273,9 k €273,7 k €240,6 k €254,7 k €247,5 k €256,1 k €316,6 k €
Cash14,5 €1,2 k €0,4 €890,9 €21,1 €1,9 k €2,2 k €2,1 k €2,2 k €2,2 k €1,9 k €1,9 k €404 €2,7 k €
Debts114,1 k €122,2 k €29,7 k €192,3 k €31,3 k €19 k €267,5 k €318,5 k €323,6 k €290,7 k €323,9 k €345,6 k €332,8 k €336,9 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–0,7 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 · 1 active · 4 ended

Active mandates

Geert Viaene

Director

Active

Ended mandates

Geert Viaene

Manager · since 08 novembre 2017

Ended
GEERT VIAENE

Manager

Ended
Michel Casseyas

Manager

Ended
Valentina Pullara

Manager

Ended
At this address

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0442.901.703
CHRIVAN● Active
0861.741.664
FLANDERS INVEST PROJECTS● Active
0806.947.552
G&S● Active
0892.726.830
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202609/07/202529/08/202430/08/202321/06/202222/06/2021
General meeting29/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202607/07/2026DutchPDF
Abridged model31/12/202420/06/202509/07/2025DutchPDF
Abridged model31/12/202321/06/202429/08/2024DutchPDF
Abridged model31/12/202216/06/202330/08/2023DutchPDF
Abridged model31/12/202117/06/202221/06/2022DutchPDF
Abridged model31/12/202018/06/202122/06/2021DutchPDF
Abridged model31/12/201919/06/202020/07/2020DutchPDF
Abridged model31/12/201821/06/201901/07/2019DutchPDF
Abridged model31/12/201715/06/201820/07/2018DutchPDF
Abridged model31/12/201616/03/201721/06/2017DutchPDF
Abridged model31/12/201517/06/201621/06/2016DutchPDF
Abridged model31/12/201419/06/201503/07/2015DutchPDF
Abridged modelCorrection31/12/201320/06/201423/09/2014DutchPDF
Abridged model31/12/201320/06/201403/07/2014DutchPDF
Abridged model31/12/201221/06/201302/07/2013DutchPDF
Abridged model31/12/201115/06/201229/06/2012DutchPDF
Abridged model31/12/201017/06/201104/07/2011DutchPDF
Abridged model31/12/200804/09/200928/09/2009DutchPDF
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 · 1 active · 4 ended

Active mandates

Geert Viaene

Director

Active

Ended mandates

Geert Viaene

Manager · since 08 novembre 2017

Ended
GEERT VIAENE

Manager

Ended
Michel Casseyas

Manager

Ended
Valentina Pullara

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring05/01/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/11/2022
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/11/2017
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/05/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2011
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/10/2007
    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

Timeline

  1. 2025
    Annual accounts 2025720,8 €↓
  2. 2024
    Annual accounts 20242,1 k €↓
  3. 2023
    Annual accounts 20238,1 k €↓
  4. 2021
    Annual accounts 202120 k €↑
  5. 2018
    Annual accounts 20189,3 k €↓
  6. 2017
    Annual accounts 201722,3 k €↑
  7. 2017
    Name changeMaram
  8. 2016
    Annual accounts 20169 k €↑
  9. 2015
    Annual accounts 20155,4 k €↑
  10. 2014
    Annual accounts 2014233 €↓
  11. 2013
    Annual accounts 201319,1 k €↓
  12. 2012
    Annual accounts 201228,9 k €↑
  13. 2011
    Annual accounts 2011-20,4 k €↓
  14. 2010
    Annual accounts 2010-18,1 k €↑
  15. 2010
    Name changeMIVA
  16. 2008
    Annual accounts 2008-26,5 k €
  17. 2008
    Name changeVERANDY
  18. 24/09/2007
    IncorporationPrivate company with limited liability