Financials
Financial year 2025
MARHILL from Gent, company number BE0441086714, closed financial year 2025 with a result of € 876,477 after tax. For that financial year MARHILL recorded a gross margin of € 2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 532,147 to € 876,477. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 2.4 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 876,477
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 481,200
▲ € 452,380 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 645,780
▲ 5% vs 2024
€ 119,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,398
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 353,598
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 1.8 million
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 122,470
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,444,613 | € 1,029,525 | € 1,450,623 | € 1,957,818 | ▲ 35% |
| Profit after taxes | € 747,129 | € 306,930 | € 532,147 | € 876,477 | ▲ 65% |
| Equity | € 3,734,137 | € 1,541,067 | € 2,073,214 | € 2,449,691 | ▲ 18% |
| Total debts | € 3,609,123 | € 3,438,875 | € 2,934,890 | € 3,140,471 | ▲ 7% |
| Cash | € 517,964 | € 439,595 | € 28,820 | € 481,200 | ▲ € 452,380 |
| Land & buildings | € 189,595 | € 231,222 | € 203,611 | € 225,215 | ▲ 11% |
| Retained profit | € 3,715,537 | € 1,522,467 | € 2,054,614 | € 2,431,091 | ▲ 18% |
| Dividend | € 2,000,000 | € 2,500,000 | € 0 | € 500,000 | |
| Bank debt | € 0 | € 0 | € 1,603,598 | € 353,598 | ▼ 78% |
| Balance sheet total | € 7,343,260 | € 4,979,943 | € 5,008,104 | € 5,590,162 | ▲ 12% |
| Employees (FTE) | 5.8 | 5 | 5 | 5.4 | ▲ 0.4 |
Key figures of MARHILL, 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 MARHILL?
What happened at MARHILL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 876,477 (▲ 65% vs 2024). Source: NBB ↗
- Henton nv NV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 747,129 profit in 2022 to € 876,477 profit in 2025.
Paid € 866,067 in corporate taxes since 2022.
Best year ever: 2025, with € 876,477 profit.
On average € 362,600 of value added per employee in 2025.
Management
Behind MARHILL is Henton nv NV.
Directors
According to the 2025 annual accounts
Director · represented by Marc De Smet
since 2004
Establishments
Establishment units
Physical locations of this company
Frederik Burvenichstraat 158 B
9050 Gent
Frederik Burvenichstraat 158
9050 Gent
Active since 10 August 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.086.714
- VAT number
- BE 0441.086.714
- Registered office
- Frederik Burvenichstraat 158 B, 9050 Gent
- Names & denominations
- MARHILL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 1990
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
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