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 3 to 2.
Financials
Financial year 2025
MARTENS CONSTRUCTIE from Oostende, company number BE0422450539, closed financial year 2025 with a result of € 33,314 after tax. For that financial year MARTENS CONSTRUCTIE recorded a gross margin of € 236,519 and equity of € 666,301. Compared with financial year 2024, the result moved from € 19,537 to € 33,314. Profitable, and profit is growing. 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 April 24, 2026.
€ 666,301
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,314
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 284,173
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 142,045
▼ 11% vs 2024
€ 71,000 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.
€ 17,279
▼ 27% vs 2024
Of which on lease € 15,676.
Debts at end 2025
€ 17,318
▼ 21% vs 2024
€ 4,812 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3,499
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,591
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 224,154 | € 233,390 | € 242,088 | € 236,519 | ▼ 2% |
| Profit after taxes | € -18,295 | € -33,299 | € 19,537 | € 33,314 | ▲ 71% |
| Equity | € 716,750 | € 683,451 | € 702,988 | € 666,301 | ▼ 5% |
| Total debts | € 69,269 | € 99,861 | € 51,327 | € 118,408 | ▲ 131% |
| Cash | € 244,857 | € 225,841 | € 255,545 | € 284,173 | ▲ 11% |
| Land & buildings | € 335,107 | € 323,629 | € 313,687 | € 303,745 | ▼ 3% |
| Retained profit | € 654,750 | € 621,451 | € 640,988 | € 604,301 | ▼ 6% |
| Dividend | € 0 | € 0 | € 0 | € 70,000 | |
| Bank debt | € 0 | € 26,598 | € 22,014 | € 17,318 | ▼ 21% |
| Balance sheet total | € 806,881 | € 802,102 | € 771,032 | € 799,354 | ▲ 4% |
| Employees (FTE) | 3 | 3 | 2.3 | 2 | ▼ 0.3 |
Key figures of MARTENS CONSTRUCTIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MARTENS CONSTRUCTIE?
What happened at MARTENS CONSTRUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,314 (▲ 71% vs 2024). Source: NBB ↗
- MARTENS J.H.L. SYSTEMEN & ONTWIKKELING BV became a director. NBB
- Brigitte TANGHE became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,295 loss in 2022 to € 33,314 profit in 2025.
Paid € 3,148 in corporate taxes since 2022.
Best year ever: 2025, with € 33,314 profit.
On average € 118,300 of value added per employee in 2025.
Management
The stake of MARTENS J.H.L. SYSTEMEN EN ONTWIKKELING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARTENS CONSTRUCTIEBehind MARTENS CONSTRUCTIE are Brigitte TANGHE and MARTENS J.H.L. SYSTEMEN & ONTWIKKELING BV. The shares are held by MARTENS J.H.L. SYSTEMEN EN ONTWIKKELING (100%).
Directors
According to the 2025 annual accounts
Brigitte TANGHE
Director
since 2002
MARTENS J.H.L. SYSTEMEN & ONTWIKKELING BV
Chairman of the board · represented by Jozef MARTENS
since 2005
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoordeschorredijkstraat 287
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
martens-constructions.com
Registered
1999-10-25
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-10-25
Website info
Features
Security
Network
Details
- Company number
- 0422.450.539
- VAT number
- BE 0422.450.539
- Registered office
- Zandvoordeschorredijkstraat 287, 8400 Oostende
- Names & denominations
- MARTENS CONSTRUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1982
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- martens-constructions.com
- Activities · NACE
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Overige bouwinstallatie
Algemene bouw van andere niet-residentiële gebouwen
Overige bouwinstallatie, n.e.g.