Financials
Financial year 2024
DEMAREZ - MARREEL from Pittem, company number BE0463114028, closed financial year 2024 with a result of € 808 after tax. For that financial year DEMAREZ - MARREEL recorded a gross margin of € 773,410 and equity of € 773,717. Compared with financial year 2023, the result moved from € 22,424 to € 808. The company is profitable. 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 September 30, 2025.
€ 773,717
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 808
▼ 96% vs 2023
Profit after tax over the fiscal year.
€ 148,977
▲ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 634,138.
People and assets in 2024
5.7
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 333,511
▲ 1% vs 2023
€ 58,500 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.
€ 589,466
▲ 70% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 874,042
▼ 4% vs 2023
€ 280,713 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 338,776
▲ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 32,114
▼ 26% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 852,291 | € 703,205 | € 745,553 | € 773,410 | ▲ 4% |
| Profit after taxes | € 102,149 | € 1,232 | € 22,424 | € 808 | ▼ 96% |
| Equity | € 749,253 | € 750,485 | € 772,909 | € 773,717 | |
| Total debts | € 2,267,703 | € 1,441,466 | € 1,199,439 | € 1,244,933 | ▲ 4% |
| Cash | € 202,887 | € 136,085 | € 134,672 | € 148,977 | ▲ 11% |
| Land & buildings | € 264,263 | € 250,961 | € 230,315 | € 234,918 | ▲ 2% |
| Retained profit | € 609,674 | € 610,906 | € 633,330 | € 634,138 | |
| Bank debt | € 1,514,105 | € 1,229,504 | € 912,533 | € 874,042 | ▼ 4% |
| Balance sheet total | € 3,016,956 | € 2,191,951 | € 1,972,348 | € 2,018,650 | ▲ 2% |
| Employees (FTE) | 6.5 | 5.7 | 5.6 | 5.7 | ▲ 0.1 |
Key figures of DEMAREZ - MARREEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEMAREZ - MARREEL?
What happened at DEMAREZ - MARREEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 808 (▼ 96% vs 2023). filed late Source: NBB ↗
- New establishment in Pittem. KBO
- Greetje Marreel became a director. NBB
- Andy Demarez became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 102,149 profit in 2021 to € 808 profit in 2024.
Paid € 16,128 in corporate taxes since 2021.
Best year ever: 2021, with € 102,149 profit.
On average € 135,700 of value added per employee in 2024.
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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
Behind DEMAREZ - MARREEL are Greetje Marreel and Andy Demarez.
Directors
According to the 2024 annual accounts
Greetje Marreel
Director
since 1998
Andy Demarez
Director
since 1998
Establishments
Establishment units
Physical locations of this company
Wingensesteenweg 16
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.114.028
- VAT number
- BE 0463.114.028
- Registered office
- Wingensesteenweg 16, 8740 Pittem
- Names & denominations
- DEMAREZ - MARREEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1998
- Peppol
- Active · Active since 7 May 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Chapewerken
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouwrijp maken van terreinen
Algemene bouw van residentiële gebouwen
Bouw van autowegen en andere wegen