Financials
Financial year 2025
MARMAD from Kortrijk, company number BE0449916187, closed financial year 2025 with a result of € 117,891 after tax. For that financial year MARMAD recorded a gross margin of € 463,158 and equity of € 446,543. Compared with financial year 2024, the result moved from € 254,913 to € 117,891. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 446,543
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,891
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 781,621
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 427,943.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
Of which on lease € 4.5 million.
Debts at end 2025
€ 5 million
▲ € 4.4 million vs 2024
€ 277,050 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 96,503
▲ € 93,544 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,291
▲ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 353,801 | € 402,733 | € 411,606 | € 463,158 | ▲ 13% |
| Profit after taxes | € 220,464 | € 250,832 | € 254,913 | € 117,891 | ▼ 54% |
| Equity | € 22,907 | € 73,739 | € 328,652 | € 446,543 | ▲ 36% |
| Total debts | € 903,890 | € 632,863 | € 613,087 | € 9,242,185 | ▲ € 8.6 million |
| Cash | € 526,919 | € 259,632 | € 550,570 | € 781,621 | ▲ 42% |
| Land & buildings | € 398,366 | € 394,767 | € 391,169 | € 0 | ▼ 100% |
| Retained profit | € 4,307 | € 55,139 | € 310,052 | € 427,943 | ▲ 38% |
| Dividend | € 220,000 | € 200,000 | € 0 | € 0 | |
| Bank debt | € 658,619 | € 616,536 | € 573,741 | € 4,973,314 | ▲ € 4.4 million |
| Balance sheet total | € 926,797 | € 706,602 | € 941,739 | € 9,688,728 | ▲ € 8.7 million |
Key figures of MARMAD, 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 MARMAD?
What happened at MARMAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,891 (▼ 54% vs 2024). filed late Source: NBB ↗
- CAVAHOLD BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 220,464 profit in 2022 to € 117,891 profit in 2025.
Paid € 287,791 in corporate taxes since 2022.
Best year ever: 2024, with € 254,913 profit.
Paid out € 420,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MARMAD INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARMADBehind MARMAD is CAVAHOLD BV. The shares are held by MARMAD INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by VANBIERVLIET Caroline
Also active at: Gifar, MAVAN, Himmovar, BIVERMA, ACASTUS, FABRICE INTERNATIONAL, ORION - MARKE, ADMETUS
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Deken Degryselaan(Kor) 23
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Gifar same network
€ 1.1 million gross margin · 2025
MAVAN same network
€ -2,764 gross margin · 2025
BIVERMA same network
€ 209,192 gross margin · 2025
FABRICE INTERNATIONAL same network
€ 360,646 gross margin · 2024
ORION - MARKE same network
€ 1,449 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.916.187
- VAT number
- BE 0449.916.187
- Registered office
- Deken Degryselaan(Kor) 23, 8500 Kortrijk
- Names & denominations
- MARMAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1993
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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