Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
WERKHUIZEN MARTIN from Izegem, company number BE0449704569, closed financial year 2025 with a result of € -195,797 after tax. For that financial year WERKHUIZEN MARTIN recorded a gross margin of € -40,232 and equity of € 416,616. Compared with financial year 2024, the result moved from € -117,065 to € -195,797. The company made a loss. 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 30, 2026.
€ 416,616
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -195,797
▼ 67 % more loss than in 2024
Profit after tax over the fiscal year.
€ 341,667
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 342,616.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 137,159
▲ 2% vs 2024
€ 68,600 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.
€ 504
▼ 55% 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.
€ 4,479
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,124
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 338,938 | € 163,408 | € 29,519 | € -40,232 | ▼ € 69,751 |
| Profit after taxes | € 105,149 | € -32,916 | € -117,065 | € -195,797 | ▼ € 78,733 |
| Equity | € 762,395 | € 729,479 | € 612,414 | € 416,616 | ▼ 32% |
| Total debts | € 582,992 | € 537,695 | € 424,071 | € 242,448 | ▼ 43% |
| Cash | € 1,022,853 | € 1,112,661 | € 532,946 | € 341,667 | ▼ 36% |
| Retained profit | € 688,395 | € 655,479 | € 538,414 | € 342,616 | ▼ 36% |
| Balance sheet total | € 1,345,387 | € 1,267,174 | € 1,036,485 | € 659,065 | ▼ 36% |
| Employees (FTE) | 3 | 1.8 | 2 | 2 |
Key figures of WERKHUIZEN 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 WERKHUIZEN MARTIN?
What happened at WERKHUIZEN MARTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
WERKHUIZEN MARTIN is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 195,797. Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,149 profit in 2022 to € 195,797 loss in 2025.
Paid € 48,669 in corporate taxes since 2022.
Best year ever: 2022, with € 105,149 profit.
On average € 14,800 of value added per employee in 2024.
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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
Behind WERKHUIZEN MARTIN is Carlos Martin.
Directors
According to the 2025 annual accounts
Carlos Martin
Director
Establishments
Establishment units
Physical locations of this company
August Vermeylenstraat 7
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.704.569
- VAT number
- BE 0449.704.569
- Registered office
- August Vermeylenstraat 7, 8870 Izegem
- Names & denominations
- WERKHUIZEN MARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 22 March 1993
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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