Financials
Financial year 2025
MARVELS from Hoeilaart, company number BE0537990902, closed financial year 2025 with a result of € -37,762 after tax. For that financial year MARVELS recorded a gross margin of € -4,364 and equity of € 10,482. Compared with financial year 2024, the result moved from € 570 to € -37,762. The company made a loss. The buffer shrank hard: equity is 78 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 10,482
▼ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,762
▼ still € 570 profit in 2024
Profit after tax over the fiscal year.
€ 53,958
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,982.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 133,726
▼ 11% vs 2024
Of which on lease € 109,410.
Debts at end 2025
€ 152,886
▼ 2% vs 2024
€ 2,968 is repaid this year. At this pace the long-term loan is gone in ≈ 52 years.
€ 304
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 190
▼ 86% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,156 | € 38,310 | € 37,372 | € -4,364 | ▼ € 41,737 |
| Profit after taxes | € 235 | € 6,359 | € 570 | € -37,762 | ▼ € 38,332 |
| Equity | € 41,315 | € 47,674 | € 48,244 | € 10,482 | ▼ 78% |
| Total debts | € 237,169 | € 276,436 | € 206,997 | € 201,200 | ▼ 3% |
| Cash | € 149,723 | € 65,461 | € 28,075 | € 53,958 | ▲ 92% |
| Retained profit | € 33,815 | € 40,174 | € 40,744 | € 2,982 | ▼ 93% |
| Bank debt | € 160,348 | € 158,080 | € 155,599 | € 152,886 | ▼ 2% |
| Balance sheet total | € 278,484 | € 324,110 | € 255,240 | € 211,682 | ▼ 17% |
Key figures of MARVELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MARVELS?
What happened at MARVELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,762 (▼ € 38,332 vs 2024). Source: NBB ↗
- Luc Hoegaerts became a director. NBB
- New establishment in Hoeilaart. KBO
- Start of the company according to the CBE. KBO
In short
From € 235 profit in 2022 to € 37,762 loss in 2025.
Paid € 7,095 in corporate taxes since 2022.
Best year ever: 2023, with € 6,359 profit.
Management
Behind MARVELS is Luc Hoegaerts. Luc Hoegaerts is also behind QUANTALYSE.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Brugstraat 4b
1560 Hoeilaart
Brugstraat 4 box B
1560 Hoeilaart
Active since 18 September 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.990.902
- VAT number
- BE 0537.990.902
- Registered office
- Brugstraat 4b, 1560 Hoeilaart
- Names & denominations
- MARVELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Organisatie van congressen en beurzen
Activiteiten van syndici van onroerend goed
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ontwerpen van computerprogramma’s
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Ontwerpen en programmeren van computerprogramma's
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis