Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14 to 9.6.
Financials
Financial year 2025
Martens Logistics from Gent, company number BE0401031949, closed financial year 2025 with a result of € -263,421 after tax. For that financial year Martens Logistics recorded a gross margin of € 710,526 and equity of € 715,477. Compared with financial year 2024, the result moved from € 230,241 to € -263,421. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 715,477
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -263,421
▼ still € 230,241 profit in 2024
Profit after tax over the fiscal year.
€ 167,140
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 695,077.
People and assets in 2025
9.6
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 629,284
▼ 13% vs 2024
€ 65,600 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.
€ 676,484
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 224,698
▼ 26% vs 2024
€ 58,659 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 170,798
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,748
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,186,491 | € 1,385,429 | € 1,278,788 | € 710,526 | ▼ 44% |
| Profit after taxes | € 320,872 | € 447,478 | € 230,241 | € -263,421 | ▼ € 493,662 |
| Equity | € 1,341,017 | € 1,343,256 | € 983,698 | € 715,477 | ▼ 27% |
| Total debts | € 252,025 | € 622,962 | € 734,749 | € 470,003 | ▼ 36% |
| Cash | € 328,667 | € 653,519 | € 143,161 | € 167,140 | ▲ 17% |
| Land & buildings | € 2,009 | € 0 | - | - | |
| Retained profit | € 1,306,217 | € 1,313,256 | € 958,498 | € 695,077 | ▼ 27% |
| Dividend | € 16,363 | € 440,439 | € 585,000 | € 0 | ▼ 100% |
| Bank debt | € 107,753 | € 60,813 | € 303,626 | € 224,698 | ▼ 26% |
| Balance sheet total | € 1,593,042 | € 1,966,218 | € 1,718,447 | € 1,185,480 | ▼ 31% |
| Employees (FTE) | 14 | 14 | 13.9 | 9.6 | ▼ 4.3 |
Key figures of Martens Logistics, 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.
What happened to Martens Logistics?
What happened at Martens Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 263,421 (▼ € 493,662 vs 2024). filed late Source: NBB ↗
- Clavast BV became a director. NBB
- Van Steenberge Invest NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 320,872 profit in 2022 to € 263,421 loss in 2025.
Paid € 76,708 in corporate taxes since 2022.
Best year ever: 2023, with € 447,478 profit.
On average € 74,000 of value added per employee in 2025.
Management
Behind Martens Logistics are Van Steenberge Invest NV and Clavast BV. The shares are held by Van Steenberge Invest NV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Benoît CLARYSSE
Also active at: Siffer Dock Company, AC Timber Trading, VAN HOOREBEKE PANELS, HOUT - BOIS VAN STEENBERGE, CASIMAX, Altripan Invest
since 2023
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vasco da Gamalaan 1
9042 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0401.031.949
- VAT number
- BE 0401.031.949
- Registered office
- Vasco da Gamalaan 1, 9042 Gent
- Names & denominations
- Martens Logistics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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