Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ANGEMAR from Erpe-Mere, company number BE0460228376, closed financial year 2025 with a result of € 3,414 after tax. For that financial year ANGEMAR recorded a gross margin of € 156,417 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 4,010 to € 3,414. 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 October 19, 2026.
€ 1.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,414
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 39,764
▲ 75% 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 € 610,072.
People and assets in 2025
€ 20,332
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 6% vs 2024
€ 85,086 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,806
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,433
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 | € 60,646 | € 113,479 | € 193,257 | € 156,417 | ▼ 19% |
| Profit after taxes | € -1,089 | € -1,078 | € 4,010 | € 3,414 | ▼ 15% |
| Equity | € 1,047,727 | € 1,046,649 | € 1,050,659 | € 1,059,641 | ▲ 1% |
| Total debts | € 1,205,940 | € 1,341,583 | € 1,183,030 | € 1,104,667 | ▼ 7% |
| Cash | € 207,934 | € 101,324 | € 22,687 | € 39,764 | ▲ 75% |
| Land & buildings | € 832,645 | € 2,391,315 | € 2,316,997 | € 2,230,543 | ▼ 4% |
| Retained profit | € 603,727 | € 602,649 | € 606,659 | € 610,072 | ▲ 1% |
| Bank debt | € 903,283 | € 1,008,396 | € 1,131,452 | € 1,066,819 | ▼ 6% |
| Balance sheet total | € 2,422,905 | € 2,557,436 | € 2,397,726 | € 2,323,179 | ▼ 3% |
Key figures of ANGEMAR, 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 ANGEMAR?
What happened at ANGEMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,414 (▼ 15% vs 2024). filed late Source: NBB ↗
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,089 loss in 2022 to € 3,414 profit in 2025.
Paid € 17,685 in corporate taxes since 2022.
Best year ever: 2024, with € 4,010 profit.
Management
Behind ANGEMAR are Geert Martens and Vincent Martens. Geert Martens is also behind MARTENS and LIEVEST. Vincent Martens is also behind Whale Tail.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zevekootstraat 7
9420 Erpe-Mere
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.
Details
- Company number
- 0460.228.376
- VAT number
- BE 0460.228.376
- Registered office
- Zevekootstraat 7, 9420 Erpe-Mere
- Names & denominations
- ANGEMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 1997
- Peppol
- Active · Active since 15 Jul 2025