Financials
Financial year 2024
MARVACO from Tielt, company number BE0883695734, closed financial year 2024 with a result of € 285,217 after tax. For that financial year MARVACO recorded a gross margin of € 1.4 million and equity of € 2.3 million. Compared with financial year 2023, the result moved from € 466,370 to € 285,217. 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 14, 2025.
€ 2.3 million
▲ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 285,217
▼ 39% vs 2023
Profit after tax over the fiscal year.
€ 301,328
▼ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.3 million.
People and assets in 2024
2.5
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 180,210
▲ 27% vs 2023
€ 72,100 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.
€ 434,652
▼ 33% vs 2023
Of which on lease € 62,955.
Debts at end 2024
€ 4.9 million
▼ 18% vs 2023
€ 689,183 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.5 million
▲ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 304,301
▲ 27% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 922,272 | € 1,056,729 | € 1,530,158 | € 1,386,349 | ▼ 9% |
| Profit after taxes | € 191,526 | € 172,114 | € 466,370 | € 285,217 | ▼ 39% |
| Equity | € 1,427,530 | € 1,597,731 | € 2,062,189 | € 2,345,494 | ▲ 14% |
| Total debts | € 7,332,342 | € 7,281,250 | € 7,305,700 | € 6,668,190 | ▼ 9% |
| Cash | € 38,810 | € 4,182 | € 538,479 | € 301,328 | ▼ 44% |
| Land & buildings | € 5,102,474 | € 4,840,429 | € 4,441,002 | € 4,044,330 | ▼ 9% |
| Retained profit | € 1,375,318 | € 1,547,432 | € 2,013,802 | € 2,299,019 | ▲ 14% |
| Bank debt | € 6,626,185 | € 6,309,807 | € 5,891,790 | € 4,857,052 | ▼ 18% |
| Balance sheet total | € 8,760,777 | € 8,879,787 | € 9,368,594 | € 9,014,288 | ▼ 4% |
| Employees (FTE) | 2 | 2.8 | 2.3 | 2.5 | ▲ 0.2 |
Key figures of MARVACO, 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 MARVACO?
What happened at MARVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Tielt. KBO
- New annual accounts for financial year 2024: profit of € 285,217 (▼ 39% vs 2023). filed late Source: NBB ↗
- New establishment in Deinze. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,526 profit in 2021 to € 285,217 profit in 2024.
Paid € 258,093 in corporate taxes since 2021.
Best year ever: 2023, with € 466,370 profit.
On average € 554,500 of value added per employee in 2024.
A new publication or filing at MARVACO? We notify you, reason included.
Follow MARVACODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind MARVACO are Inge Van de Steene and David Martain.
Directors
According to the 2024 annual accounts
Inge Van de Steene
Director
David Martain
Director
Establishments
Establishment units
Physical locations of this company
Keibosstraat 3
8700 Tielt
Weg naar Poeke 33
9800 Deinze
Active since 1 October 2010
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.
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