Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MARDENA from Lierde, company number BE0446207819, closed financial year 2025 with a result of € -14,529 after tax. For that financial year MARDENA recorded a gross margin of € 40,573 and equity of € 189,173. Compared with financial year 2024, the result moved from € -22,012 to € -14,529. The company made a loss. 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 June 29, 2026.
€ 189,173
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,529
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,498
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,814.
People and assets in 2025
€ 36,279
▼ 49% 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.
€ 52,062
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 92,261
€ 22,847 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 17,020
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 129,125 | € 251,622 | € 120,900 | € 40,573 | ▼ 66% |
| Profit after taxes | € 8,266 | € 59,712 | € -22,012 | € -14,529 | ▲ € 7,483 |
| Equity | € 195,892 | € 255,604 | € 233,592 | € 189,173 | ▼ 19% |
| Total debts | € 228,712 | € 69,944 | € 19,870 | € 109,281 | ▲ € 89,411 |
| Cash | € 26,169 | € 125,868 | € 57,316 | € 8,498 | ▼ 85% |
| Land & buildings | € 180,228 | € 12,393 | € 10,641 | € 8,889 | ▼ 16% |
| Retained profit | € -25,095 | € 34,617 | € 12,606 | € -31,814 | ▼ € 44,420 |
| Bank debt | € 151,996 | € 4,233 | € 0 | € 92,261 | |
| Balance sheet total | € 424,603 | € 336,836 | € 263,426 | € 298,454 | ▲ 13% |
Key figures of MARDENA, 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 MARDENA?
What happened at MARDENA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,529. Source: NBB ↗
- New establishment in Lierde. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,266 profit in 2022 to € 14,529 loss in 2025.
Paid € 47,699 in corporate taxes since 2022.
Best year ever: 2023, with € 59,712 profit.
Management
Behind MARDENA are Christophe Martens and Els De Nauw.
Directors
According to the 2025 annual accounts
Christophe Martens
Manager
Els De Nauw
Director
Establishments
Establishment units
Physical locations of this company
Steenweg 235
9570 Lierde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.207.819
- VAT number
- BE 0446.207.819
- Registered office
- Steenweg 235, 9570 Lierde
- Names & denominations
- MARDENA · AMBU 2000
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1992
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Patiëntenvervoer per ambulance
Ziekenvervoer
Activiteiten van paardensportclubs