Financials
Financial year 2025
MARTECH INTERNATIONAL from Rixensart, company number BE0448175434, closed financial year 2025 with a result of € 18,057 after tax. For that financial year MARTECH INTERNATIONAL recorded a gross margin of € 38,475 and equity of € 40,963. Compared with financial year 2024, the result moved from € 22,433 to € 18,057. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 40,963
▲ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,057
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 24,347
▲ € 22,062 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -21,037.
People and assets in 2025
€ 35,493
▲ 226% 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.
€ 2,949
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,282
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,084 | € 6,179 | € 40,860 | € 38,475 | ▼ 6% |
| Profit after taxes | € 2,582 | € -2,708 | € 22,433 | € 18,057 | ▼ 20% |
| Equity | € 3,181 | € 473 | € 22,906 | € 40,963 | ▲ 79% |
| Total debts | € 46,371 | € 53,957 | € 29,601 | € 47,079 | ▲ 59% |
| Cash | € 16,695 | € 16,118 | € 2,285 | € 24,347 | ▲ € 22,062 |
| Retained profit | € -58,819 | € -61,527 | € -39,094 | € -21,037 | ▲ € 18,057 |
| Balance sheet total | € 49,552 | € 54,430 | € 52,507 | € 88,042 | ▲ 68% |
Key figures of MARTECH INTERNATIONAL, 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 MARTECH INTERNATIONAL?
What happened at MARTECH INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gregory CULPIN stepped down as director. NBB
- Ian CULPIN stepped down as director. NBB
- Marianne HOSTE stepped down as director. NBB
- Alexandra VANPARYS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18,057 (▼ 20% vs 2024). filed late Source: NBB ↗
- Gregory CULPIN became a director. NBB
- Ian CULPIN became a director. NBB
- Marianne HOSTE became a director. NBB
In short
From € 2,582 profit in 2022 to € 18,057 profit in 2025.
Paid € 20,491 in corporate taxes since 2022.
Best year ever: 2024, with € 22,433 profit.
Management
Directors
According to the 2025 annual accounts
Gregory CULPIN
Managing director
since 2019 · until 2028
Ian CULPIN
Director
since 2016 · until 2028
Marianne HOSTE
Director
since 2016 · until 2028
Alexandra VANPARYS
Director
since 2016 · until 2028
Establishments
Establishment units
Physical locations of this company
Avenue du Bosquet 24
1332 Rixensart
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.175.434
- VAT number
- BE 0448.175.434
- Registered office
- Avenue du Bosquet 24, 1332 Rixensart
- Names & denominations
- MARTECH INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 1992
- Peppol
- Active · Active since 17 Jan 2026
- Activities · NACE
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