What does MARTENS AGRI do?

MARTENS AGRI is a farm in Maldegem. Private Limited, started on 9 November 2000, 1 establishment.

What is the address of MARTENS AGRI?

The registered office of MARTENS AGRI is located at Butswervestraat 46, 9990 Maldegem.

Is MARTENS AGRI still active?

Yes. According to the CBE (30 October 2026) MARTENS AGRI is active, legal situation “Normale toestand”, started on 9 November 2000.

Is MARTENS AGRI registered on Peppol?

Yes, MARTENS AGRI is registered on the Peppol network with ID 0208:0473245875.

What is the enterprise number of MARTENS AGRI?

The enterprise number of MARTENS AGRI is BE0473245875.

When was MARTENS AGRI founded?

MARTENS AGRI was founded on 9 November 2000.

Who are the directors of MARTENS AGRI?

According to the 2025 annual accounts, the directors of MARTENS AGRI are: Michiel Martens.

Is MARTENS AGRI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 November 2000; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MARTENS AGRI make in 2025?

MARTENS AGRI posted a profit after taxes of € 1,142 in financial year 2025.

What is the revenue of MARTENS AGRI?

As a small company, MARTENS AGRI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 250,792.

How much does an employee at MARTENS AGRI earn?

The average wage cost per full-time employee at MARTENS AGRI was € 65,400 in 2025: staff costs of € 84,983 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MARTENS AGRI have?

According to the 2025 annual accounts, MARTENS AGRI has 1.3 full-time equivalents (FTE).

MARTENS AGRI (Private Limited) - Maldegem - BE0473245875

Dossier MARTENS AGRI, printed on 30 October 2026 from databakkes.be/en/0473245875/martens-agri. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MARTENS AGRI from Maldegem, company number BE0473245875, closed financial year 2025 with a result of € 1,142 after tax. For that financial year MARTENS AGRI recorded a gross margin of € 250,792 and equity of € 206,241. Compared with financial year 2024, the result moved from € 4,178 to € 1,142. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 206,241

▲ € 157,515 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1,142

▼ 73% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,223

▼ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 31,057.

People and assets in 2025

Full-time equivalents

1.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 84,983

▼ 10% vs 2024

€ 65,400 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.

Debts at end 2025

Bank debt ≈ 18 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3 million

▲ € 2.4 million vs 2024

€ 138,757 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 129,982

▲ 45% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,276

▼ 59% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 248,857 Gross margin 2022: € 248,857 First fiscal year in the series	€ 202,833 Gross margin 2023: € 202,833 ▼ 18% vs 2022 (€ 248,857) Unfavourable step	€ 237,057 Gross margin 2024: € 237,057 ▲ 17% vs 2023 (€ 202,833) Favourable step	€ 250,792 Gross margin 2025: € 250,792 ▲ 6% vs 2024 (€ 237,057) Favourable step	▲ 6%
Profit after taxes	€ 51,704 Profit after taxes 2022: € 51,704 First fiscal year in the series	€ 28,992 Profit after taxes 2023: € 28,992 ▼ 44% vs 2022 (€ 51,704) Unfavourable step	€ 4,178 Profit after taxes 2024: € 4,178 ▼ 86% vs 2023 (€ 28,992) Unfavourable step	€ 1,142 Profit after taxes 2025: € 1,142 ▼ 73% vs 2024 (€ 4,178) Unfavourable step	▼ 73%
Equity	€ 172,310 Equity 2022: € 172,310 First fiscal year in the series	€ 201,302 Equity 2023: € 201,302 ▲ 17% vs 2022 (€ 172,310) Favourable step	€ 48,725 Equity 2024: € 48,725 ▼ 76% vs 2023 (€ 201,302) Unfavourable step	€ 206,241 Equity 2025: € 206,241 ▲ € 157,515 vs 2024 (€ 48,725) Favourable step	▲ € 157,515
Total debts	€ 1,330,061 Total debts 2022: € 1,330,061 First fiscal year in the series	€ 1,230,490 Total debts 2023: € 1,230,490 ▼ 7% vs 2022 (€ 1,330,061) Favourable step	€ 1,222,917 Total debts 2024: € 1,222,917 ▼ 1% vs 2023 (€ 1,230,490) Favourable step	€ 3,271,710 Total debts 2025: € 3,271,710 ▲ 168% vs 2024 (€ 1,222,917) Unfavourable step	▲ 168%
Cash	€ 17,423 Cash 2022: € 17,423 First fiscal year in the series	€ 21,619 Cash 2023: € 21,619 ▲ 24% vs 2022 (€ 17,423) Favourable step	€ 9,250 Cash 2024: € 9,250 ▼ 57% vs 2023 (€ 21,619) Unfavourable step	€ 7,223 Cash 2025: € 7,223 ▼ 22% vs 2024 (€ 9,250) Unfavourable step	▼ 22%
Land & buildings	€ 750,310 Land & buildings 2022: € 750,310 First fiscal year in the series	€ 683,574 Land & buildings 2023: € 683,574 ▼ 9% vs 2022 (€ 750,310) Unchanged	€ 551,553 Land & buildings 2024: € 551,553 ▼ 19% vs 2023 (€ 683,574) Unchanged	€ 2,321,521 Land & buildings 2025: € 2,321,521 ▲ € 1.8 million vs 2024 (€ 551,553) Unchanged	▲ € 1.8 million
Retained profit	€ 87,310 Retained profit 2022: € 87,310 First fiscal year in the series	€ 116,302 Retained profit 2023: € 116,302 ▲ 33% vs 2022 (€ 87,310) Favourable step	€ 29,915 Retained profit 2024: € 29,915 ▼ 74% vs 2023 (€ 116,302) Unfavourable step	€ 31,057 Retained profit 2025: € 31,057 ▲ 4% vs 2024 (€ 29,915) Favourable step	▲ 4%
Bank debt	€ 772,659 Bank debt 2022: € 772,659 First fiscal year in the series	€ 687,974 Bank debt 2023: € 687,974 ▼ 11% vs 2022 (€ 772,659) Favourable step	€ 615,887 Bank debt 2024: € 615,887 ▼ 10% vs 2023 (€ 687,974) Favourable step	€ 2,996,528 Bank debt 2025: € 2,996,528 ▲ € 2.4 million vs 2024 (€ 615,887) Unfavourable step	▲ € 2.4 million
Balance sheet total	€ 1,502,371 Balance sheet total 2022: € 1,502,371 First fiscal year in the series	€ 1,431,792 Balance sheet total 2023: € 1,431,792 ▼ 5% vs 2022 (€ 1,502,371) Unchanged	€ 1,271,642 Balance sheet total 2024: € 1,271,642 ▼ 11% vs 2023 (€ 1,431,792) Unchanged	€ 3,486,181 Balance sheet total 2025: € 3,486,181 ▲ 174% vs 2024 (€ 1,271,642) Unchanged	▲ 174%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	-	-	1.3 Employees (FTE) 2025: 1.3 First fiscal year in the series

Key figures of MARTENS AGRI, 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 MARTENS AGRI?

What happened at MARTENS AGRI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 31, 2026 New annual accounts for financial year 2025: profit of € 1,142 (▼ 73% vs 2024). Source: NBB ↗
Dec 14, 2000 New establishment in Maldegem. KBO
Nov 9, 2000 Start of the company according to the CBE. KBO

In short

From € 51,704 profit in 2022 to € 1,142 profit in 2025.

Paid € 39,889 in corporate taxes since 2022.

Best year ever: 2022, with € 51,704 profit.

On average € 192,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Michiel Martens

MARTENS AGRI

Behind MARTENS AGRI is Michiel Martens.

Directors

According to the 2025 annual accounts

Michiel Martens

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Butswervestraat 46

9990 Maldegem

2.116.076.675

Vakebuurtstraat 241

9990 Maldegem

Active since 14 December 2000

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

MARTENS POTATOES

€ 729,149 gross margin · 2025

MARTINO TRANSPORT

€ 53,018 gross margin · 2025

MCT Potatoes

€ 21,934 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.245.875

VAT number

BE 0473.245.875

Registered office

Butswervestraat 46, 9990 Maldegem

Names & denominations

MARTENS AGRI

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 November 2000

Peppol

Active · Active since 8 Jul 2025

Activities · NACE

Teelt van groenten, meloenen en wortel- en knolgewassen

Groothandel in groenten en fruit

Groothandel in groenten en fruit, muv consumptieaardappelen

Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden

View on CBE Public ↗ Annual accounts (NBB) ↗

MARTENS AGRI

Warning lights

Financials

What happened to MARTENS AGRI?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions