ACTIVE

MARSMAN

Financial year 2025 · closed on 30/06/2025
Net result
4,5 k €
-2.1% YoY
Gross margin
10,8 k €
-2.0% YoY
Equity
17,7 k €
+33.9% YoY

What does MARSMAN do?

MARSMAN is a Private company with limited liability incorporated in 2007. Its main activity is: Other information technology and computer service activities. Its registered office is in Schoten.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.588.150
Incorporation
20/11/2007
Legal form
Private company with limited liability
Registered office
Koningshoflei 16
2900 Schoten · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201920182017201620152014201320122011201020092008
Income statement
Gross margin10,8 k €11 k €5,2 k €33,4 k €4,8 k €-1,9 k €14 k €16,5 k €2,3 k €-8,9 k €-23,7 k €-6,2 k €16,4 k €-4,9 k €8,4 k €28,4 k €
EBITDA10,2 k €10,2 k €4,9 k €32,4 k €3,9 k €-2,4 k €13,7 k €15,2 k €-7 k €-9,7 k €-25,3 k €-7 k €11,5 k €-6,8 k €7 k €26,6 k €
Operating result4,6 k €4,6 k €-716,7 €26,8 k €-4,8 k €-16,4 k €437,5 €2 k €-12,4 k €-31,4 k €-42 k €-23,6 k €-4,9 k €-20,2 k €-2 k €16,3 k €
Net result4,5 k €4,6 k €-1,1 k €26,5 k €-5,1 k €-16,7 k €75,9 €1,9 k €-12,6 k €-32,9 k €-45,2 k €-31,3 k €-16,8 k €-34,2 k €-13,6 k €8,7 k €
Balance sheet
Equity17,7 k €13,2 k €8,6 k €9,7 k €-177,6 k €-172,5 k €-155,8 k €-155,9 k €-157,8 k €-145,2 k €-112,3 k €-67,1 k €-35,8 k €-19 k €15,1 k €28,7 k €
Total assets301 k €297,4 k €300,2 k €307,2 k €144,1 k €156,7 k €167,9 k €191,3 k €197,6 k €208 k €224,3 k €262,3 k €282 k €284,1 k €323,9 k €316,9 k €
Cash28,1 k €16,1 k €16,4 k €17,9 k €3 €3 €169,7 €11,5 k €1,8 k €847,5 €71,9 €1,9 k €1,7 k €9 k €52,8 k €112,1 k €
Debts283,1 k €283,9 k €291,6 k €297,5 k €321,7 k €329,3 k €323,7 k €347,2 k €355,5 k €353,3 k €336,6 k €329,4 k €317,8 k €303 k €308,7 k €288,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Raoul Verlinde

Director · since 14 novembre 2004

Active

Ended mandates

Raoul Verlinde

Manager · since 14 novembre 2007

Ended
Verlinde Raoul

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/01/202624/01/202529/01/202419/12/202210/01/202222/01/2021
General meeting19/12/202520/12/202415/12/202316/12/202217/12/202118/12/2020
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 model30/06/202519/12/202522/01/2026DutchPDF
Abridged model30/06/202420/12/202424/01/2025DutchPDF
Abridged model30/06/202315/12/202329/01/2024DutchPDF
Abridged model30/06/202216/12/202219/12/2022DutchPDF
Abridged model30/06/202117/12/202110/01/2022DutchPDF
Abridged model30/06/202018/12/202022/01/2021DutchPDF
Abridged model30/06/201920/12/201927/01/2020DutchPDF
Abridged model30/06/201821/12/201808/01/2019DutchPDF
Abridged model30/06/201715/12/201719/12/2017DutchPDF
Abridged model30/06/201616/12/201623/12/2016DutchPDF
Abridged model30/06/201518/12/201504/01/2016DutchPDF
Abridged model30/06/201419/12/201423/01/2015DutchPDF
Abridged model30/06/201320/12/201320/12/2013DutchPDF
Abridged model30/06/201221/12/201231/01/2013DutchPDF
Abridged model30/06/201116/12/201130/06/2012DutchPDF
Abridged model30/06/201017/12/201021/01/2011DutchPDF
Abridged model30/06/200908/02/201008/02/2010DutchPDF
Abridged model30/06/200819/12/200827/02/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 2 ended

Active mandates

Raoul Verlinde

Director · since 14 novembre 2004

Active

Ended mandates

Raoul Verlinde

Manager · since 14 novembre 2007

Ended
Verlinde Raoul

Manager

Ended
Shareholders

Ownership and network

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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 20254,5 k €
  2. 2024
    Annual accounts 20244,6 k €
  3. 2023
    Annual accounts 2023-1,1 k €
  4. 2022
    Annual accounts 202226,5 k €
  5. 2019
    Annual accounts 2019-5,1 k €
  6. 2018
    Annual accounts 2018-16,7 k €
  7. 2017
    Annual accounts 201775,9 €
  8. 2016
    Annual accounts 20161,9 k €
  9. 2015
    Annual accounts 2015-12,6 k €
  10. 2014
    Annual accounts 2014-32,9 k €
  11. 2013
    Annual accounts 2013-45,2 k €
  12. 2012
    Annual accounts 2012-31,3 k €
  13. 2011
    Annual accounts 2011-16,8 k €
  14. 2010
    Annual accounts 2010-34,2 k €
  15. 2009
    Annual accounts 2009-13,6 k €
  16. 2008
    Annual accounts 20088,7 k €
  17. 20/11/2007
    IncorporationPrivate company with limited liability