Equity
€2.4m from €5.0m in 2021
Equity fell by 51% in 4 years.
MARHILL
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €2.0m (2025)
€2.0m▲ 35.0%
lowest -€39,253 (2008)
€876,477▲ 64.7%
peak €5.0m (2021)
€2.4m▲ 18.2%
€3.1m▲ 7.0%
peak 6 FTE (2021)
5.4 FTE▲ 8.0%
Board1 name since 2004
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Gross margin from €1.5m to €2.0mResult from €532,147 to €876,477Staff from 5 FTE to 5.4 FTEDividend €500,000Equity from €2.1m to €2.4mCash from €28,820 to €481,200
Key points
from the 2025 annual accountsResult
€876,477 ▲ 64.7%
The result rose in 2025 from €532,147 to €876,477.
Turnover
≈ €8.2m estimated
The abbreviated format states no turnover.
Staff
6 employees on 31-12-2025
In 2025, 3 people joined and 2 left.
Filings
35 annual accounts since 1991
Eight of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
Position in the sector
€876,477
Higher net result than 95% of companies in wholesale trade. Sector median €38,114 · 10,729 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as MARHILL has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for MARHILL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
General meeting of 08-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441086714
Capital decrease of €80,557.41 to €18,600
Capital from €99,157.41 to €18,600 · General meeting of 21-12-2017 · Gazette deed
First establishment
Frederik Burvenichstraat 158, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARHILL Ghent | €5.6m | €2.0m | 43.8% | 5.4 |
| Spitaels Consulting Oudenaarde | €3.3m | €1.3m | 59.6% | 4.4 |
| ARTPACK Wommelgem | €4.4m | €1.2m | 35.8% | 7.8 |
| TRAFFIMEX Wuustwezel | €5.6m | €1.2m | 86.9% | 6.7 |
| WAM BULK HANDLING MACHINERY Erpe-Mere | €3.9m | €1.3m | 71.1% | 7.3 |
| HEMIMEX Lokeren | €5.7m | €1.3m | 97.1% | 3 |
| WAPA Bruges | €3.7m | €1.0m | 61.0% | 6.6 |
These companies have the same main activity as MARHILL: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €3.3m and €5.7m, founded between 1987 and 1995.
Official details
Source: KBO- Status
- Active since 23-07-1990Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 1 other
- Establishment unit
- 2.049.351.3659050 Ghent, since 10-08-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2023
Annual accounts 2025
- €5.6m▲ 11.6%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on MARHILL
MARHILL files the abbreviated format. That format states no turnover. The gross margin rose from €214,595 in 2007 to €2.0m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARHILL
- What is the company number of MARHILL?
- The company number of MARHILL is 0441.086.714. The VAT number is the same number with BE in front: BE 0441.086.714.
- Where is MARHILL based?
- The registered office is at Frederik Burvenichstraat 158 B, 9050 Ghent.Company details
- What does MARHILL do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of MARHILL?
- MARHILL is a private limited company (BV).
- When was MARHILL founded?
- MARHILL was founded on 23-07-1990.
- Is MARHILL still active?
- Yes, MARHILL is an active enterprise in the KBO register.
- How many employees does MARHILL have?
- MARHILL had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MARHILL?
- The turnover in financial year 2025 is ≈ €8.2m. This figure is estimated from the gross margin of €2.0m and 98 comparable companies (NACE 46). It probably lies between €4.9m and €14.0m.
- Is MARHILL profitable?
- In financial year 2025, MARHILL made a profit of €876,477.
- Where can I find the annual accounts of MARHILL?
- MARHILL filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARHILL due?
- MARHILL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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