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 32.9 to 29.
Financials
Financial year 2025
MARTENS CONSTRUCTIES from Hoogstraten, company number BE0419183223, closed financial year 2025 with a result of € 113,284 after tax. For that financial year MARTENS CONSTRUCTIES recorded revenue of € 9.8 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 2 million to € 113,284. The company is profitable. 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 June 19, 2026.
€ 5.6 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,284
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 4.9 million
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
29
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 4% vs 2024
€ 76,000 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.
€ 354,230
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 753,548
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 204,918
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,145,431 | € 14,389,557 | € 14,001,059 | € 9,760,241 | ▼ 30% |
| Profit after taxes | € 1,199,972 | € 1,516,604 | € 2,046,331 | € 113,284 | ▼ 94% |
| Equity | € 6,017,632 | € 6,244,236 | € 6,510,567 | € 5,623,851 | ▼ 14% |
| Total debts | € 2,523,805 | € 3,846,008 | € 3,337,775 | € 2,658,385 | ▼ 20% |
| Cash | € 5,339,774 | € 7,134,473 | € 6,731,581 | € 4,866,755 | ▼ 28% |
| Retained profit | € 5,879,548 | € 6,106,152 | € 6,372,484 | € 5,485,768 | ▼ 14% |
| Dividend | € 840,000 | € 1,290,000 | € 1,780,000 | € 1,000,000 | ▼ 44% |
| Balance sheet total | € 8,541,820 | € 10,095,536 | € 9,852,261 | € 8,284,972 | ▼ 16% |
| Employees (FTE) | 36.5 | 32.9 | 31.4 | 29 | ▼ 2.4 |
Key figures of MARTENS CONSTRUCTIES, 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 CONSTRUCTIES?
What happened at MARTENS CONSTRUCTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LUCE BV stepped down as director. NBB
- JOANNES MARTENS stepped down as director. NBB
- KATINA BEHEER BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 113,284 (▼ 94% vs 2024). Source: NBB ↗
- LUCE BV became a director. NBB
- JOANNES MARTENS became a director. NBB
- KATINA BEHEER BV became a director. NBB
- New establishment in Hoogstraten. KBO
In short
From € 1.2 million profit in 2022 to € 113,284 profit in 2025.
Paid € 834,785 in corporate taxes since 2022.
Best year ever: 2024, with € 2 million profit.
Paid out € 4.9 million in dividends to the owners in total.
Management
The stake of LUCE, KATINA BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARTENS CONSTRUCTIESThe shares are held by LUCE (49.8%) and KATINA BEHEER (49.8%).
Directors
According to the 2025 annual accounts
Managing director · represented by Luc Martens
since 2023 · until 2029
since 2023 · until 2029
Managing director · represented by Cindy Martens
since 2023 · until 2029
Shareholders
49.8%
49.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint Lenaartseweg 44 box C
2320 Hoogstraten
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0419.183.223
- VAT number
- BE 0419.183.223
- Registered office
- Sint Lenaartseweg 44 bus C, 2320 Hoogstraten
- Names & denominations
- MARTENS CONSTRUCTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1979
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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