Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARAG from Wuustwezel, company number BE0866187333, closed financial year 2025 with a result of € 100,980 after tax. For that financial year MARAG recorded a gross margin of € 244,258 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 136,617 to € 100,980. 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 October 27, 2025.
€ 1.3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 100,980
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 11,727
▼ 65% 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 € -13,121.
People and assets in 2025
€ 850
▼ 97% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 102,185
▼ 34% vs 2024
€ 44,780 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 27,751
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,734
▲ € 5,856 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 | € 104,743 | € 173,126 | € 238,327 | € 244,258 | ▲ 2% |
| Profit after taxes | € 1,868 | € 64,129 | € 136,617 | € 100,980 | ▼ 26% |
| Equity | € 71,960 | € 136,089 | € 1,205,161 | € 1,306,142 | ▲ 8% |
| Total debts | € 629,770 | € 576,511 | € 521,313 | € 490,710 | ▼ 6% |
| Cash | € 10,601 | € 7,219 | € 33,287 | € 11,727 | ▼ 65% |
| Land & buildings | € 447,148 | € 403,344 | € 1,288,842 | € 1,165,199 | ▼ 10% |
| Retained profit | € -397,840 | € -333,711 | € -193,940 | € -13,121 | ▲ € 180,820 |
| Bank debt | € 246,675 | € 206,845 | € 155,904 | € 102,185 | ▼ 34% |
| Balance sheet total | € 701,730 | € 712,600 | € 1,726,474 | € 1,796,851 | ▲ 4% |
| Employees (FTE) | 1 | - | - | - |
Key figures of MARAG, 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 January 2027.
What happened to MARAG?
What happened at MARAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 100,980 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Luc Van Hoydonck became a director. NBB
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,868 profit in 2022 to € 100,980 profit in 2025.
Best year ever: 2024, with € 136,617 profit.
On average € 104,700 of value added per employee in 2022.
A new publication or filing at MARAG? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Luc Van Hoydonck
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Bredabaan (Centrum) 258 box 2
2990 Wuustwezel
Eindepoel 12 box A
2330 Merksplas
Active since 4 June 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0866.187.333
- VAT number
- BE 0866.187.333
- Registered office
- Bredabaan (Centrum) 258 bus 2, 2990 Wuustwezel
- Names & denominations
- MARAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2004
- Peppol
- Active · Active since 19 May 2025
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij
Varkensvetmesterijen
Kippenkwekerijen
Fokken en houden van melkvee
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Rundveehouderij