Financials
Financial year 2024
MARFA FIREWORKS from Olen, company number BE0817057130, closed financial year 2024 with a result of € 120,393 after tax. For that financial year MARFA FIREWORKS recorded a gross margin of € 196,845 and equity of € 923,637. Compared with financial year 2023, the result moved from € 163,361 to € 120,393. 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 August 28, 2025.
€ 923,637
▲ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,393
▼ 26% vs 2023
Profit after tax over the fiscal year.
€ 732,770
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 803,637.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 117,688
▼ 15% vs 2023
€ 22,469 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 508,480
▲ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 77,472
▼ 32% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 316,856 | € 207,786 | € 269,802 | € 196,845 | ▼ 27% |
| Profit after taxes | € 203,970 | € 129,718 | € 163,361 | € 120,393 | ▼ 26% |
| Equity | € 510,164 | € 639,882 | € 803,244 | € 923,637 | ▲ 15% |
| Total debts | € 1,113,999 | € 874,805 | € 651,449 | € 704,157 | ▲ 8% |
| Cash | € 1,036,840 | € 911,400 | € 736,252 | € 732,770 | |
| Land & buildings | € 237,895 | € 222,752 | € 207,610 | € 192,467 | ▼ 7% |
| Retained profit | € 390,164 | € 519,882 | € 683,244 | € 803,637 | ▲ 18% |
| Bank debt | € 178,624 | € 159,337 | € 139,042 | € 117,688 | ▼ 15% |
| Balance sheet total | € 1,624,163 | € 1,514,687 | € 1,454,692 | € 1,627,793 | ▲ 12% |
Key figures of MARFA FIREWORKS, 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 MARFA FIREWORKS?
What happened at MARFA FIREWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 120,393 (▼ 26% vs 2023). filed late Source: NBB ↗
- New establishment in Maasmechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 203,970 profit in 2021 to € 120,393 profit in 2024.
Paid € 222,071 in corporate taxes since 2021.
Best year ever: 2021, with € 203,970 profit.
Management
The stake of ORIGINAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARFA FIREWORKSBehind MARFA FIREWORKS are Henri Lormann and Glenn Van Der Auwera. The shares are held by ORIGINAL (99.5%).
Directors
According to the 2024 annual accounts
Henri Lormann
Director
Glenn Van Der Auwera
Director
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lammerdries-Zuid 16 a
2250 Olen
Industrielaan(M) 101
3630 Maasmechelen
Active since 19 November 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0817.057.130
- VAT number
- BE 0817.057.130
- Registered office
- Lammerdries-Zuid 16 a, 2250 Olen
- Names & denominations
- MARFA FIREWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2009
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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