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 6.9 to 6.1.
Financials
Financial year 2025
BOGERD MARTIN from Antwerpen, company number BE0446355495, closed financial year 2025 with a result of € 156,095 after tax. For that financial year BOGERD MARTIN recorded revenue of € 7.9 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 210,400 to € 156,095. 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 July 19, 2026.
€ 3.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,095
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 322,182
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 175,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.1
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 658,355
▲ 4% vs 2024
€ 107,900 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.
€ 39,300
▲ 59% vs 2024
Of which on lease € 20,328.
Debts at end 2025
€ 107,858
▼ 76% vs 2024
€ 9,451 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.2 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 76,640
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,761,312 | € 6,420,447 | € 7,404,523 | € 7,925,466 | ▲ 7% |
| Profit after taxes | € -242,728 | € -156,794 | € 210,400 | € 156,095 | ▼ 26% |
| Equity | € 3,560,222 | € 3,403,428 | € 3,438,828 | € 3,419,924 | ▼ 1% |
| Total debts | € 2,832,518 | € 2,712,541 | € 2,763,574 | € 2,282,798 | ▼ 17% |
| Cash | € 530,517 | € 488,566 | € 527,734 | € 322,182 | ▼ 39% |
| Retained profit | € 3,187,747 | € 3,030,953 | € 3,066,353 | € 3,047,449 | ▼ 1% |
| Dividend | € 0 | € 0 | € 175,000 | € 175,000 | |
| Bank debt | € 12,873 | € 0 | € 448,734 | € 107,858 | ▼ 76% |
| Balance sheet total | € 6,392,740 | € 6,115,969 | € 6,202,403 | € 5,702,721 | ▼ 8% |
| Employees (FTE) | 8.7 | 6.9 | 6.4 | 6.1 | ▼ 0.3 |
Key figures of BOGERD MARTIN, 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 BOGERD MARTIN?
What happened at BOGERD MARTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Martin stepped down as director. NBB
- Céline Mortier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 156,095 (▼ 26% vs 2024). Source: NBB ↗
- Moore Audit (B00212) BV stepped down as director. NBB
- Moore Audit (B00212) BV became a director. NBB
- Michael Martin became a director. NBB
- Céline Mortier became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 242,728 loss in 2022 to € 156,095 profit in 2025.
Paid € 60,800 in corporate taxes since 2022.
Best year ever: 2024, with € 210,400 profit.
Paid out € 350,000 in dividends to the owners in total.
A new publication or filing at BOGERD MARTIN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MARTIN EN CO, ALPHA MARINE SYSTEMS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOGERD MARTINThe shares are held by MARTIN EN CO (99.8%) and ALPHA MARINE SYSTEMS (0.2%). It owns 100% of Chart Track Data Systems and 99.9% of Marine Software Development BV itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Céline Mortier
afvaardiging van machten
Also active at: MARTIN EN CO, ALPHA MARINE SYSTEMS, M-Holding, MARINE SOFTWARE DEVELOPMENT, CEMO, LM Build
since 2022 · until 2028
Commissaris · represented by Pieterjan Boeykens (A02594)
Also active at: T.D.M., Transdemo, Van Biesen - Everaert, Standaard Uitgeverij, EEG, APK Telecom Networksolutions, Binnenstad, LUC VULSTEKE INDUSTRIAL +8 more
since 2023 · until 2026
Shareholders
99.8%
0.2%
Participations
Chart Track Data Systems
100%
Establishments
Establishment units
Physical locations of this company
Maasstraat 65
2060 Antwerpen
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Details
- Company number
- 0446.355.495
- VAT number
- BE 0446.355.495
- Registered office
- Maasstraat 65, 2060 Antwerpen
- Names & denominations
- BOGERD MARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1992
- Peppol
- Active · Active since 22 Jan 2026
- Contact
- bogerdmartin.com 032134170
- Activities · NACE
Groothandel in kranten, boeken en tijdschriften
Diensten in verband met vervoer over water
Logistieke diensten
Overige vervoerondersteunende activiteiten