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MAVARI

Active Public limited companyfounded 1995active for 31 yearsTorhoutsestraat 122, 8020 OostkampKBO/BCE: BE 0455.867.039
MAVARI
Financial year 2025
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Annual accounts 2025

micro format, filed on 27-04-2026, 3 days before the deadline
€81,625
▼ 30.4%
-€14,179
▼ €20,543
€14,184
▼ 83.8%
-€924,225
▼ €167,915
2.9%
▲ 1.1 percentage points
0.27
▼ 0.16

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €91,000 and €130,000.

Balance sheet

balance sheet total €2.3m on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

2.9%

Higher than 24% of 17,190 companies in 2025.

0.27

Higher than 21% of 16,487 companies in 2025.

0.6%

Higher than 43% of 16,866 companies in 2025.

MAVARI Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 2.3m3.0m2.8m2.8m1.9m1.3m1.3m1.4m1.5m1.5m1.6m1.0m270,305218,122213,117187,645191,582180,875191,652
21/28 2.0m2.4m2.7m2.7m1.7m1.1m1.2m1.2m1.3m1.3m1.3m356,339123,084125,010123,577112,990123,226131,443146,387
21 ------------1,5362,9844,4332,0412,722--
22/27 2.0m2.4m2.7m2.7m1.7m1.1m1.2m1.2m1.3m1.3m1.3m356,339121,548122,025119,144110,949120,504131,443146,387
22 2.0m2.4m2.7m2.7m1.7m1.1m1.2m1.2m1.2m1.3m1.3m355,32298,738107,203111,004103,838109,556117,116124,749
23 -------8,70717,41426,12134,829-20,43711,7476,6517,1126,0084,4475,629
24 ---4008001,2001,6003066121,2571,9011,0172,3733,0751,490-4,9409,88016,009
29/58 336,935553,898101,061126,811252,597133,002114,563138,153187,756230,175322,805675,356147,22193,11389,54074,65468,35649,43145,264
40/41 70,707111,05971,30371,65090,686111,28272,15279,77687,35087,61785,79486,062110,57035,03274,82631,36434,76730,62125,379
40 -39,756--11,55639,137---1,575--32,86423,39767,52024,76031,40726,71622,900
41 70,70771,30371,30371,65079,13072,14472,15279,77687,35086,04285,79486,06277,70511,6357,3066,6043,3603,9052,479
50/53 1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
54/58 265,228440,26126,75654,161160,91120,72141,41157,37899,405141,558236,011588,29435,65235,07813,26841,01032,58917,81018,886
490/1 -1,5782,002----------22,0044461,280---
Balance sheet: equity and liabilities
10/49 2.3m3.0m2.8m2.8m1.9m1.3m1.3m1.4m1.5m1.5m1.6m1.0m270,305218,122213,117187,645191,582180,875191,652
10/15 66,36552,18123,54958,146121,482156,765215,041230,908285,034334,384378,978496,756144,458118,251115,994103,14185,13772,62769,440
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
10 61,97361,97361,97361,97361,973--------------
100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
13 147,527217,838338,043348,903359,762370,621381,481392,340403,200414,059424,421434,78382,19756,19746,19736,19722,19710,1978,707
130/1 6,1976,1976,1976,1976,1976,197-------------
130 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,197
132 96,818167,129287,334298,194309,053319,912330,772341,631352,491363,350373,712384,074-------
133 44,51244,51244,51244,51244,51244,51244,51244,51244,51244,51244,51244,51276,00050,00040,00030,00016,0004,0002,509
14 -143,135-227,631-376,468-352,730-300,254-275,830-228,413-223,405-180,139-141,649-107,416-287817,8244,970967457-1,240
16 32,27379,261138,125145,121152,117159,113166,109173,105180,101187,097192,432197,768-------
168 32,27379,261138,125145,121152,117159,113166,109173,105180,101187,097192,432197,768-------
17/49 2.2m2.8m2.7m2.6m1.7m965,791915,083955,827987,1851.0m1.0m337,172125,84799,87197,12384,504106,445108,247122,212
17 944,6501.5m1.7m1.8m1.2m770,325807,047842,836877,715911,709944,838262,500---2,43116,57529,98343,068
170/4 944,6501.5m1.7m1.8m1.2m770,325807,047842,836877,715911,709944,838262,500---2,43116,57529,98343,068
42/48 1.3m1.3m952,990807,281458,114195,466108,036112,991109,470104,768100,35574,672121,71496,45389,54379,29484,03374,75176,183
42 87,593101,638115,340113,34137,67936,72235,78934,88033,99333,13027,923---2,43114,14413,40812,71112,033
44 16,24152,41628,90071,1479,59627,4186591,5133,839-2431,82717,8899,16616,76817,4403,8839,41717,015
440/4 16,24152,41628,90071,1479,59627,4186591,5133,839-2431,82717,8899,16616,76817,4403,8839,41717,015
46 7,8475,0825,082----------------
45 1,8063,3752,72112,104--------20,8444,02813,38711,8776,6211,7205,922
450/3 1,8063,3752,72112,104--------20,8444,0288,71511,8776,6211,7205,922
454/9 --------------4,672----
47/48 1.1m1.1m800,948610,689410,839131,32671,58876,59871,63871,63872,19072,84482,98183,26056,95735,83360,12050,90341,213
492/3 ------------4,1333,4187,5802,7805,8373,5132,961
Income statement
76A 545-----9,450----591,730-------
9900 81,625117,27980,01125,91517,930-10,47837,40915,04113,06016,214-13,368-20,45471,91834,96651,60350,17647,07241,91542,673
630 68,49078,33384,13751,80833,05533,00442,01642,87843,21744,44686,80313,13823,69122,29821,18313,79018,97517,34715,711
640/8 27,31332,5814,4595,8207,9103,8481071,8844,6801033,1626462,7562,3502,2702,3172,1302,1282,060
66A -------11,237-----------
9901 -14,1796,365-8,584-31,713-23,035-47,329-4,714-40,957-34,837-28,335-103,332-34,23745,47110,31928,15034,07025,96722,44124,902
75/76B 35261691,31210967939301881,07825570055862266992674739
75 35261691,31210967939301881,07825570055862266992674739
65/66B 18,66736,61633,17739,93119,25417,95118,82820,20421,53921,78320,8591,8316,9326,3275,4635,8525,9786,2646,294
65 18,66736,61633,17739,93119,25417,95118,82820,20421,53921,78320,8591,8316,9326,3275,4635,8525,9786,2646,294
9903 -32,811-30,225-41,593-70,332-42,279-65,272-22,863-61,122-56,346-49,930-123,113555,91839,2384,55023,30828,88720,91516,92418,648
780 46,988117,8776,9966,9966,996--------------
67/77 -770-00-----5,85213,0312,2937,45510,8838,4051,7372,131
9904 14,18487,645-34,597-63,336-35,283-58,276-15,867-54,126-49,350-44,594-117,778352,29826,2072,25715,85418,00312,51015,18716,517
789 70,31161,19310,85910,85910,85910,85910,85910,85910,85910,36210,3624,874-------
689 -----------388,948-------
9905 84,495148,838-23,738-52,477-24,424-47,417-5,008-43,266-38,491-34,233-107,416-31,77626,2072,25715,85418,00312,51015,18716,517
Appropriation of the result
9906 -143,135-227,631-376,468-352,730-300,254-275,830-228,413-223,405-180,139-141,649-107,416-31,48826,28710,08120,82418,97012,96713,94810,760
14P -227,631-376,468-352,730-300,254-275,830--------------
791/2 -----------31,488-------
691/2 ------------26,00010,00010,00014,00012,0001,491-
6921 ------------26,00010,00010,00014,00012,0001,491-
694/7 --------------3,000--12,00012,000
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 27-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 27-04-2026 2026-00088078 PDF
30-09-2024 micro format 23-04-2025 2025-00073127 PDF
30-09-2023 micro format 03-04-2024 2024-00055405 PDF
30-09-2022 micro format 11-04-2023 2023-00056503 PDF
30-09-2021 micro format 29-04-2022 2022-20012634 PDF
30-09-2020 micro format 23-04-2021 2021-11200051 PDF
30-09-2019 micro format 20-03-2020 2020-07200282 PDF
30-09-2018 micro format 02-04-2019 2019-09000186 PDF
30-09-2017 micro format 30-03-2018 2018-08800167 PDF
30-09-2016 abbreviated format 27-03-2017 2017-07400282 PDF
30-09-2015 abbreviated format 25-03-2016 2016-07800049 PDF
30-09-2014 abbreviated format 30-03-2015 2015-08900226 PDF
30-09-2013 abbreviated format 25-04-2014 2014-10100039 PDF
30-09-2012 abbreviated format 28-03-2013 2013-07600178 PDF
30-09-2011 abbreviated format 25-04-2012 2012-09500469 PDF
30-09-2010 abbreviated format 29-04-2011 2011-09900601 PDF
30-09-2009 abbreviated format 25-03-2010 2010-07500277 PDF
30-09-2008 abbreviated format 13-03-2009 2009-07500025 PDF
30-09-2007 abbreviated format 27-03-2008 2008-08900089 PDF
30-09-2006 abbreviated format 30-03-2007 2007-11102509 PDF
30-09-2005 abbreviated format 24-03-2006 2006-08300917 PDF
30-09-2004 abbreviated format 23-03-2005 2005-08604001 PDF
30-09-2003 abbreviated format 05-03-2004 2004-06501286 PDF
30-09-2002 abbreviated format 07-03-2003 2003-06503117 PDF
30-09-2001 abbreviated format 28-02-2002 2002-05401587 PDF
30-09-2000 abbreviated format 12-03-2001 2001-06301675 PDF
30-09-1999 abbreviated format 23-03-2000 2000-07204303 PDF
30-09-1998 abbreviated format 29-03-1999 1999-06204635 PDF
30-09-1997 abbreviated format 03-04-1998 1998-06104109 PDF
30-09-1996 abbreviated format 28-05-1997 1997-10001947 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
54,31184,69875,55220,09510,020-14,32637,3021,9218,38016,111-16,530-21,09969,16232,61749,33347,86044,94239,78740,613
82,674165,97749,540-11,528-2,228-25,27326,150-11,248-6,133-148-30,975365,43649,89824,55537,03731,79331,48532,53432,228
-370,181-233,37598,6621.1m564,13602,0000058,4291.0m354,49523,72323,73131,7693,55410,7582,4026,141
-175,033413,505-27,404-106,750140,190-20,690-15,967-42,028-42,153-94,453-352,283552,64257421,809-27,7428,42114,779-1,075-
-924,225-756,311-851,928-680,470-205,516-62,4646,52725,16278,285125,407222,450600,68525,507-3,340-3-4,639-15,676-25,320-30,919
2.9%1.8%0.8%2.1%6.3%12.2%16.6%17.0%19.6%21.7%23.4%48.1%53.4%54.2%54.4%55.0%44.4%40.2%36.2%
0.270.420.110.160.550.681.061.221.722.203.229.041.210.971.000.940.810.660.59
33.2454.21-45.1813.656.164.264.143.463.042.760.680.870.840.840.821.251.491.76
21.4%168.0%-146.9%-108.9%-29.0%-37.2%-7.4%-23.4%-17.3%-13.3%-31.1%70.9%18.1%1.9%13.7%17.5%14.7%20.9%23.8%
0.6%3.0%-1.2%-2.2%-1.8%-4.5%-1.2%-4.0%-3.4%-2.9%-7.3%34.1%9.7%1.0%7.4%9.6%6.5%8.4%8.6%
2.912.312.280.500.52--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets--€98,662€1.1m€564,136
€68,490€78,333€84,137€51,808€33,055

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MAVARI

The operating result for 2025 is a loss of €14,179, after a profit of €6,365 in 2024. It is the lowest result since 2022.

Debt's share of the balance-sheet total rises from 95.6% to 95.7%. Equity is higher and debt is lower.

Next steps

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