Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Martens Traktor from Bree, company number BE0411972856, closed financial year 2025 with a result of € -564,515 after tax. For that financial year Martens Traktor recorded revenue of € 3.1 million and equity of € -46,267. Compared with financial year 2024, the result moved from € -373,589 to € -564,515. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ -46,267
▼ € 564,515 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -564,515
▼ 51 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,741
▲ 289% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -296,267.
People and assets in 2025
€ 117,934
▲ € 115,423 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▲ € 1.8 million vs 2024
Loans from banks and other lenders, long and short.
€ 988,679
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 3,100,853 | |
| Gross margin | € 862,407 | € 734,595 | € 307,438 | - | |
| Profit after taxes | € 27,387 | € 37,452 | € -373,589 | € -564,515 | ▼ € 190,926 |
| Equity | € 854,385 | € 891,837 | € 518,248 | € -46,267 | ▼ € 564,515 |
| Total debts | € 2,068,692 | € 1,600,380 | € 1,610,310 | € 2,882,451 | ▲ 79% |
| Cash | € 94,189 | € 146,232 | € 1,219 | € 4,741 | ▲ 289% |
| Land & buildings | € 701,617 | € 658,483 | € 615,236 | € 622,789 | ▲ 1% |
| Retained profit | € 604,385 | € 641,837 | € 268,248 | € -296,267 | ▼ € 564,515 |
| Bank debt | € 822,560 | € 600,150 | € 68,477 | € 1,885,701 | ▲ € 1.8 million |
| Balance sheet total | € 2,923,077 | € 2,492,217 | € 2,128,558 | € 2,836,184 | ▲ 33% |
| Employees (FTE) | 12.7 | 10.4 | 0 | - |
Key figures of Martens Traktor, 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 Traktor?
What happened at Martens Traktor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LUC STERCKX stepped down as director. NBB
- AGRI INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 564,515. Source: NBB ↗
- ARVESTA BELGIUM BV stepped down as director. NBB
- ARVESTA BELGIUM BV became a director. NBB
- LUC STERCKX became a director. NBB
- AGRI INVEST BV became a director. NBB
- New establishment in Bree. KBO
In short
From € 27,387 profit in 2022 to € 564,515 loss in 2025.
Paid € 26,549 in corporate taxes since 2022.
Best year ever: 2023, with € 37,452 profit.
On average € 70,600 of value added per employee in 2023.
Management
The stake of COFABEL, JERICO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Martens TraktorThe shares are held by COFABEL (100%) and JERICO (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by DELEU PAUL
Also active at: AVEVE, COBELAL, Willem Spoormans, HORTIPLAN, WALAGRI, COFABEL, POMAGRO, DUMOULIN +17 more
since 2024 · until 2026
since 2024 · until 2028
Director · represented by MOERMAN KRIS
Also active at: COBELAL, WALAGRI, COFABEL, POMAGRO, ETABLISSEMENTS L. RIGAUX, ARVESTA LOGISTICS, Arvesta Belgium, BELCROP +1 more
since 2024 · until 2028
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kipdorpstraat 52
3960 Bree
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
cofabel.be
Registered
1998-09-25
Website info
Features
Security
Network
Details
- Company number
- 0411.972.856
- VAT number
- BE 0411.972.856
- Registered office
- Kipdorpstraat 52, 3960 Bree
- Names & denominations
- Martens Traktor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1971
- Peppol
- Active · Active since 12 Sept 2025
- Contact
- cofabel.be
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Carrosserieherstelling (inclusief spuiten en verven)
Reparatie en onderhoud van machines
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Herstelling van landbouwmachines
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling