What does MARVECO do?

MARVECO is a farm in Boechout. Private Limited, started on 8 June 1989, 1 establishment.

What is the address of MARVECO?

The registered office of MARVECO is located at Pietingbaan 81, 2531 Boechout.

Is MARVECO still active?

Yes. According to the CBE (30 October 2026) MARVECO is active, legal situation “Normale toestand”, started on 8 June 1989.

Is MARVECO registered on Peppol?

Yes, MARVECO is registered on the Peppol network with ID 0208:0437701909.

What is the enterprise number of MARVECO?

The enterprise number of MARVECO is BE0437701909.

When was MARVECO founded?

MARVECO was founded on 8 June 1989.

Who are the directors of MARVECO?

According to the 2025 annual accounts, the directors of MARVECO are: Marc Van Santfoort.

Is MARVECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 June 1989; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MARVECO make in 2025?

MARVECO posted a profit after taxes of € 413,420 in financial year 2025.

What is the revenue of MARVECO?

As a small company, MARVECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,042,697.

How much does an employee at MARVECO earn?

The average wage cost per full-time employee at MARVECO was € 35,000 in 2024: staff costs of € 241,315 for 6.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

MARVECO (Private Limited) - Boechout - BE0437701909

Dossier MARVECO, printed on 30 October 2026 from databakkes.be/en/0437701909/marveco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MARVECO from Boechout, company number BE0437701909, closed financial year 2025 with a result of € 413,420 after tax. For that financial year MARVECO recorded a gross margin of € 1 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 378,765 to € 413,420. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.

What it is worth Healthy

€ 1.4 million

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 413,420

▲ 9% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 763,054

▲ 51% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 493,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 266,285

▲ 10% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 36,976

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 186

▼ € 102,249 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 38,840

▲ 111% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 266,036 Gross margin 2022: € 266,036 First fiscal year in the series	€ 870,690 Gross margin 2023: € 870,690 ▲ 227% vs 2022 (€ 266,036) Favourable step	€ 905,685 Gross margin 2024: € 905,685 ▲ 4% vs 2023 (€ 870,690) Favourable step	€ 1,042,697 Gross margin 2025: € 1,042,697 ▲ 15% vs 2024 (€ 905,685) Favourable step	▲ 15%
Profit after taxes	€ -138,609 Profit after taxes 2022: € -138,609 First fiscal year in the series	€ 333,594 Profit after taxes 2023: € 333,594 ▲ € 472,203 vs 2022 (€ -138,609) Favourable step	€ 378,765 Profit after taxes 2024: € 378,765 ▲ 14% vs 2023 (€ 333,594) Favourable step	€ 413,420 Profit after taxes 2025: € 413,420 ▲ 9% vs 2024 (€ 378,765) Favourable step	▲ 9%
Equity	€ 1,037,385 Equity 2022: € 1,037,385 First fiscal year in the series	€ 1,308,175 Equity 2023: € 1,308,175 ▲ 26% vs 2022 (€ 1,037,385) Favourable step	€ 1,510,276 Equity 2024: € 1,510,276 ▲ 15% vs 2023 (€ 1,308,175) Favourable step	€ 1,430,696 Equity 2025: € 1,430,696 ▼ 5% vs 2024 (€ 1,510,276) Unfavourable step	▼ 5%
Total debts	€ 528,187 Total debts 2022: € 528,187 First fiscal year in the series	€ 320,631 Total debts 2023: € 320,631 ▼ 39% vs 2022 (€ 528,187) Favourable step	€ 193,512 Total debts 2024: € 193,512 ▼ 40% vs 2023 (€ 320,631) Favourable step	€ 342,730 Total debts 2025: € 342,730 ▲ 77% vs 2024 (€ 193,512) Unfavourable step	▲ 77%
Cash	€ 159,761 Cash 2022: € 159,761 First fiscal year in the series	€ 625,250 Cash 2023: € 625,250 ▲ 291% vs 2022 (€ 159,761) Favourable step	€ 503,802 Cash 2024: € 503,802 ▼ 19% vs 2023 (€ 625,250) Unfavourable step	€ 763,054 Cash 2025: € 763,054 ▲ 51% vs 2024 (€ 503,802) Favourable step	▲ 51%
Land & buildings	€ 700,639 Land & buildings 2022: € 700,639 First fiscal year in the series	€ 600,173 Land & buildings 2023: € 600,173 ▼ 14% vs 2022 (€ 700,639) Unchanged	€ 529,009 Land & buildings 2024: € 529,009 ▼ 12% vs 2023 (€ 600,173) Unchanged	€ 462,926 Land & buildings 2025: € 462,926 ▼ 12% vs 2024 (€ 529,009) Unchanged	▼ 12%
Retained profit	€ 979,998 Retained profit 2022: € 979,998 First fiscal year in the series	€ 1,250,788 Retained profit 2023: € 1,250,788 ▲ 28% vs 2022 (€ 979,998) Favourable step	€ 1,452,888 Retained profit 2024: € 1,452,888 ▲ 16% vs 2023 (€ 1,250,788) Favourable step	€ 1,373,308 Retained profit 2025: € 1,373,308 ▼ 5% vs 2024 (€ 1,452,888) Unfavourable step	▼ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 62,804 Dividend 2023: € 62,804 Unchanged (€ 0) Unchanged	€ 176,665 Dividend 2024: € 176,665 ▲ 181% vs 2023 (€ 62,804) Unchanged	€ 493,000 Dividend 2025: € 493,000 ▲ 179% vs 2024 (€ 176,665) Unchanged	▲ 179%
Bank debt	€ 237,963 Bank debt 2022: € 237,963 First fiscal year in the series	€ 117,037 Bank debt 2023: € 117,037 ▼ 51% vs 2022 (€ 237,963) Favourable step	€ 18,889 Bank debt 2024: € 18,889 ▼ 84% vs 2023 (€ 117,037) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 18,889) Favourable step	▼ 100%
Balance sheet total	€ 1,565,572 Balance sheet total 2022: € 1,565,572 First fiscal year in the series	€ 1,628,807 Balance sheet total 2023: € 1,628,807 ▲ 4% vs 2022 (€ 1,565,572) Unchanged	€ 1,703,788 Balance sheet total 2024: € 1,703,788 ▲ 5% vs 2023 (€ 1,628,807) Unchanged	€ 1,773,426 Balance sheet total 2025: € 1,773,426 ▲ 4% vs 2024 (€ 1,703,788) Unchanged	▲ 4%
Employees (FTE)	6.8 Employees (FTE) 2022: 6.8 First fiscal year in the series	7.5 Employees (FTE) 2023: 7.5 ▲ 0.7 vs 2022 (6.8) Unchanged	6.9 Employees (FTE) 2024: 6.9 ▼ 0.6 vs 2023 (7.5) Unchanged	-

Key figures of MARVECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MARVECO?

What happened at MARVECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 8, 2026 New annual accounts for financial year 2025: profit of € 413,420 (▲ 9% vs 2024). Source: NBB ↗
Jun 27, 1989 New establishment in Boechout. KBO
Jun 8, 1989 Start of the company according to the CBE. KBO

In short

From € 138,609 loss in 2022 to € 413,420 profit in 2025.

Paid € 431,790 in corporate taxes since 2022.

Best year ever: 2025, with € 413,420 profit.

On average € 131,300 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Marc Van Santfoort

MARVECO

Behind MARVECO is Marc Van Santfoort.

Directors

According to the 2025 annual accounts

Marc Van Santfoort

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Pietingbaan 81

2531 Boechout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Boskat

€ 104,354 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0437.701.909

VAT number

BE 0437.701.909

Registered office

Pietingbaan 81, 2531 Boechout

Names & denominations

MARVECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 June 1989

Peppol

Active · Active since 2 Feb 2026

Activities · NACE

Teelt van groenten, meloenen en wortel- en knolgewassen

Groenteteelt

Productie van elektriciteit uit niet-hernieuwbare bronnen

Handel in elektriciteit

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Overige gespecialiseerde wetenschappelijke en technische activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

MARVECO

Financials

What happened to MARVECO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions