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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARELEC FOOD TECHNOLOGIES from Nieuwpoort, company number BE0554865932, closed financial year 2025 with a result of € -5.8 million after tax. For that financial year MARELEC FOOD TECHNOLOGIES recorded revenue of € 37.4 million and equity of € 16.1 million. Compared with financial year 2023, the result moved from € 3.3 million to € -5.8 million. The company made a loss. 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 October 29, 2026.
€ 16.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.8 million
▼ still € 3.3 million profit in 2023
Profit after tax over the fiscal year.
€ 6.2 million
▲ 138% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16 million.
People and assets in 2025
117.1
▲ 5.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 9.6 million
▲ 30% vs 2023
€ 81,900 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.
€ 80,879
▼ 53% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 201.1 million
Loans from banks and other lenders, long and short.
€ 7.8 million
▲ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 2.9 million
▲ 220% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | € 28,952,338 | € 29,661,518 | € 37,423,245 | ▲ 26% |
| Profit after taxes | € 5,118,233 | € 3,298,702 | € -5,813,989 | ▼ € 9.1 million |
| Equity | € 14,490,979 | € 16,036,650 | € 16,108,195 | |
| Total debts | € 6,240,774 | € 7,912,081 | € 276,258,116 | ▲ € 268.3 million |
| Cash | € 4,137,334 | € 2,620,869 | € 6,227,914 | ▲ 138% |
| Land & buildings | € 1,215,172 | € 1,088,431 | € 879,027 | ▼ 19% |
| Retained profit | € 14,373,878 | € 15,922,580 | € 15,981,596 | |
| Dividend | € 2,800,000 | € 1,750,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 201,093,543 | |
| Balance sheet total | € 21,079,181 | € 24,474,669 | € 292,759,210 | ▲ € 268.3 million |
| Employees (FTE) | 108.6 | 111.7 | 117.1 | ▲ 5.4 |
Key figures of MARELEC FOOD TECHNOLOGIES, 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 MARELEC FOOD TECHNOLOGIES?
What happened at MARELEC FOOD TECHNOLOGIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5.8 million (▼ € 9.1 million vs 2023). filed late Source: NBB ↗
- Reavest BV stepped down as director. NBB
- Gudrùn Danielsdóttir became a director. NBB
- ddOPS BV stepped down as director. NBB
- New establishment in Nieuwpoort. KBO
- Serdaco BV became a director. NBB
- Inconate BV became a director. NBB
- ddOPS BV became a director. NBB
In short
From € 5.1 million profit in 2022 to € 5.8 million loss in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.1 million profit.
Paid out € 4.6 million in dividends to the owners in total.
Management
Behind MARELEC FOOD TECHNOLOGIES are Serdaco BV, Inconate BV and Gudrùn Danielsdóttir. The shares are held by Suplusco Holding BV (100%). It owns 100% of Pattyn Group itself.
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Serge Defever
since 2023
Persoon belast met dagelijks bestuur · represented by Lieven Demuynck
Also active at: TECH-M
since 2023
Gudrùn Danielsdóttir
Persoon belast met dagelijks bestuur
since 2026
Persoon belast met dagelijks bestuur · represented by Joeri De Vriesere
Also active at: MARELEC FOOD TECHNOLOGIES PROJECTS, MARELEC DISTRIBUTION, TECH-M
since 2023 · until 2025
Persoon belast met dagelijks bestuur · represented by Rubben Vandevyvere
Also active at: TECH-M
since 2023 · until 2026
Shareholders
Suplusco Holding BV
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Westendelaan 1
8620 Nieuwpoort
Redanweg 15
8620 Nieuwpoort
Active since 30 June 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
marelec.com
Registered
1999-01-12
Registrar
GoDaddy Corporate Domains, LLC
Expires
2032-01-12
Website info
Features
Security
Details
- Company number
- 0554.865.932
- VAT number
- BE 0554.865.932
- Registered office
- Westendelaan 1, 8620 Nieuwpoort
- Names & denominations
- MARELEC FOOD TECHNOLOGIES · MFT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2014
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- marelec.com
- Activities · NACE
Vervaardiging van weegtoestellen
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