What does MARVACO do?

MARVACO is a farm in Tielt. Private Limited, started on 22 September 2006, 3 establishments.

What is the address of MARVACO?

The registered office of MARVACO is located at Keibosstraat 3, 8700 Tielt.

Is MARVACO still active?

Yes. According to the CBE (15 November 2026) MARVACO is active, legal situation “Normale toestand”, started on 22 September 2006.

Is MARVACO registered on Peppol?

Yes, MARVACO is registered on the Peppol network with ID 0208:0883695734.

What is the enterprise number of MARVACO?

The enterprise number of MARVACO is BE0883695734.

When was MARVACO founded?

MARVACO was founded on 22 September 2006.

Who are the directors of MARVACO?

According to the 2025 annual accounts, the directors of MARVACO are: Inge Van de Steene, David Martain.

Is MARVACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 September 2006; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did MARVACO make in 2025?

MARVACO posted a profit after taxes of € 232,467 in financial year 2025.

What is the revenue of MARVACO?

As a small company, MARVACO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,301,081.

How much does an employee at MARVACO earn?

The average wage cost per full-time employee at MARVACO was € 72,200 in 2025: staff costs of € 209,450 for 2.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MARVACO have?

According to the 2025 annual accounts, MARVACO has 2.9 full-time equivalents (FTE).

MARVACO (Private Limited) - Tielt - BE0883695734

Dossier MARVACO, printed on 15 November 2026 from databakkes.be/en/0883695734/marvaco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MARVACO from Tielt, company number BE0883695734, closed financial year 2025 with a result of € 232,467 after tax. For that financial year MARVACO recorded a gross margin of € 1.3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 285,217 to € 232,467. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.

What it is worth Growing

€ 2.6 million

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 232,467

▼ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 379,614

▲ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.5 million.

People and assets in 2025

Full-time equivalents

2.9

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 209,450

▲ 16% vs 2024

€ 72,200 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.

Vehicles and equipment

€ 368,992

▼ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 5.2 million

▲ 7% vs 2024

€ 676,709 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1 million

▼ 31% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 221,046

▼ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,056,729 Gross margin 2022: € 1,056,729 First fiscal year in the series	€ 1,530,158 Gross margin 2023: € 1,530,158 ▲ 45% vs 2022 (€ 1,056,729) Favourable step	€ 1,386,349 Gross margin 2024: € 1,386,349 ▼ 9% vs 2023 (€ 1,530,158) Unfavourable step	€ 1,301,081 Gross margin 2025: € 1,301,081 ▼ 6% vs 2024 (€ 1,386,349) Unfavourable step	▼ 6%
Profit after taxes	€ 172,114 Profit after taxes 2022: € 172,114 First fiscal year in the series	€ 466,370 Profit after taxes 2023: € 466,370 ▲ 171% vs 2022 (€ 172,114) Favourable step	€ 285,217 Profit after taxes 2024: € 285,217 ▼ 39% vs 2023 (€ 466,370) Unfavourable step	€ 232,467 Profit after taxes 2025: € 232,467 ▼ 18% vs 2024 (€ 285,217) Unfavourable step	▼ 18%
Equity	€ 1,597,731 Equity 2022: € 1,597,731 First fiscal year in the series	€ 2,062,189 Equity 2023: € 2,062,189 ▲ 29% vs 2022 (€ 1,597,731) Favourable step	€ 2,345,494 Equity 2024: € 2,345,494 ▲ 14% vs 2023 (€ 2,062,189) Favourable step	€ 2,576,049 Equity 2025: € 2,576,049 ▲ 10% vs 2024 (€ 2,345,494) Favourable step	▲ 10%
Total debts	€ 7,281,250 Total debts 2022: € 7,281,250 First fiscal year in the series	€ 7,305,700 Total debts 2023: € 7,305,700 Unchanged (€ 7,281,250) Unfavourable step	€ 6,668,190 Total debts 2024: € 6,668,190 ▼ 9% vs 2023 (€ 7,305,700) Favourable step	€ 6,468,005 Total debts 2025: € 6,468,005 ▼ 3% vs 2024 (€ 6,668,190) Favourable step	▼ 3%
Cash	€ 4,182 Cash 2022: € 4,182 First fiscal year in the series	€ 538,479 Cash 2023: € 538,479 ▲ € 534,298 vs 2022 (€ 4,182) Favourable step	€ 301,328 Cash 2024: € 301,328 ▼ 44% vs 2023 (€ 538,479) Unfavourable step	€ 379,614 Cash 2025: € 379,614 ▲ 26% vs 2024 (€ 301,328) Favourable step	▲ 26%
Land & buildings	€ 4,840,429 Land & buildings 2022: € 4,840,429 First fiscal year in the series	€ 4,441,002 Land & buildings 2023: € 4,441,002 ▼ 8% vs 2022 (€ 4,840,429) Unchanged	€ 4,044,330 Land & buildings 2024: € 4,044,330 ▼ 9% vs 2023 (€ 4,441,002) Unchanged	€ 4,218,175 Land & buildings 2025: € 4,218,175 ▲ 4% vs 2024 (€ 4,044,330) Unchanged	▲ 4%
Retained profit	€ 1,547,432 Retained profit 2022: € 1,547,432 First fiscal year in the series	€ 2,013,802 Retained profit 2023: € 2,013,802 ▲ 30% vs 2022 (€ 1,547,432) Favourable step	€ 2,299,019 Retained profit 2024: € 2,299,019 ▲ 14% vs 2023 (€ 2,013,802) Favourable step	€ 2,531,486 Retained profit 2025: € 2,531,486 ▲ 10% vs 2024 (€ 2,299,019) Favourable step	▲ 10%
Bank debt	€ 6,309,807 Bank debt 2022: € 6,309,807 First fiscal year in the series	€ 5,891,790 Bank debt 2023: € 5,891,790 ▼ 7% vs 2022 (€ 6,309,807) Favourable step	€ 4,857,052 Bank debt 2024: € 4,857,052 ▼ 18% vs 2023 (€ 5,891,790) Favourable step	€ 5,207,370 Bank debt 2025: € 5,207,370 ▲ 7% vs 2024 (€ 4,857,052) Unfavourable step	▲ 7%
Balance sheet total	€ 8,879,787 Balance sheet total 2022: € 8,879,787 First fiscal year in the series	€ 9,368,594 Balance sheet total 2023: € 9,368,594 ▲ 6% vs 2022 (€ 8,879,787) Unchanged	€ 9,014,288 Balance sheet total 2024: € 9,014,288 ▼ 4% vs 2023 (€ 9,368,594) Unchanged	€ 9,044,557 Balance sheet total 2025: € 9,044,557 Unchanged (€ 9,014,288) Unchanged
Employees (FTE)	2.8 Employees (FTE) 2022: 2.8 First fiscal year in the series	2.3 Employees (FTE) 2023: 2.3 ▼ 0.5 vs 2022 (2.8) Unchanged	2.5 Employees (FTE) 2024: 2.5 ▲ 0.2 vs 2023 (2.3) Unchanged	2.9 Employees (FTE) 2025: 2.9 ▲ 0.4 vs 2024 (2.5) Unchanged	▲ 0.4

By gross margin, MARVACO ranks 1st of 5 companies with main activity “Gemengd landbouwbedrijf” in Tielt that publish figures (fiscal year 2025).

Key figures of MARVACO, 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.

Ask about MARVACO the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to MARVACO?

What happened at MARVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 19, 2026 New annual accounts for financial year 2025: profit of € 232,467 (▼ 18% vs 2024). filed late Source: NBB ↗
Mar 19, 2026 New establishment in Tielt. KBO
Oct 1, 2010 New establishment in Deinze. KBO
Sep 22, 2006 New establishment in Tielt. KBO
Sep 22, 2006 Start of the company according to the CBE. KBO

In short

From € 172,114 profit in 2022 to € 232,467 profit in 2025.

Paid € 320,177 in corporate taxes since 2022.

Best year ever: 2023, with € 466,370 profit.

On average € 448,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Inge Van de Steene David Martain

MARVACO

Behind MARVACO are Inge Van de Steene and David Martain.

Directors

According to the 2025 annual accounts

Inge Van de Steene

Director

David Martain

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Keibosstraat 3

8700 Tielt

2.195.464.544

Weg naar Poeke 33

9800 Deinze

Active since 1 October 2010

2.386.344.312

Vossekotstraat 46 box A

8760 Tielt

Active since 19 March 2026

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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Details

Company number

0883.695.734

VAT number

BE 0883.695.734

Registered office

Keibosstraat 3, 8700 Tielt

Names & denominations

MARVACO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 September 2006

Peppol

Active · Active since 9 Dec 2025

Activities · NACE

Gemengd landbouwbedrijf

Gemengd bedrijf

Varkensvetmesterijen

Groothandel in levend vee

Pluimveehouderijen, muv kippenkwekerijen

Groothandel in levende dieren

Overige pluimveehouderijen

View on CBE Public ↗ Annual accounts (NBB) ↗

MARVACO

Financials

Ask about MARVACO the way you would ask their accountant.

What happened to MARVACO?

Management

Directors

Establishments

Establishment units

Similar companies in Tielt

Details

Frequently asked questions