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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAKKERIJ MARTINE from Pittem, company number BE0478766264, closed financial year 2025 with a result of € 119,772 after tax. For that financial year BAKKERIJ MARTINE recorded a gross margin of € 583,656 and equity of € 674,939. Compared with financial year 2024, the result moved from € 153,639 to € 119,772. 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 3, 2026.
€ 674,939
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,772
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 157,008
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 188,566 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 229,699
▼ 5% vs 2024
€ 41,000 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.
€ 8,572
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 422,619
▲ 64% vs 2024
€ 92,857 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 31,091
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,387
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 444,461 | € 494,723 | € 553,880 | € 583,656 | ▲ 5% |
| Profit after taxes | € 122,403 | € 111,676 | € 153,639 | € 119,772 | ▼ 22% |
| Equity | € 557,242 | € 623,274 | € 743,734 | € 674,939 | ▼ 9% |
| Total debts | € 131,142 | € 449,549 | € 687,739 | € 740,304 | ▲ 8% |
| Cash | € 152,738 | € 124,013 | € 286,087 | € 157,008 | ▼ 45% |
| Land & buildings | € 105,112 | € 425,127 | € 728,508 | € 762,620 | ▲ 5% |
| Retained profit | € 538,642 | € 604,674 | € 725,134 | € 656,339 | ▼ 9% |
| Dividend | € 35,126 | € 45,644 | € 33,179 | € 188,566 | ▲ € 155,388 |
| Bank debt | € 7,639 | € 300,000 | € 257,143 | € 422,619 | ▲ 64% |
| Balance sheet total | € 688,384 | € 1,072,823 | € 1,431,472 | € 1,415,243 | ▼ 1% |
| Employees (FTE) | 4.8 | 4.8 | 5.4 | 5.6 | ▲ 0.2 |
Key figures of BAKKERIJ MARTINE, 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 BAKKERIJ MARTINE?
What happened at BAKKERIJ MARTINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 119,772 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 122,403 profit in 2022 to € 119,772 profit in 2025.
Paid € 172,652 in corporate taxes since 2022.
Best year ever: 2024, with € 153,639 profit.
On average € 104,200 of value added per employee in 2025.
A new publication or filing at BAKKERIJ MARTINE? 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
Behind BAKKERIJ MARTINE are STEVEN VANWIJNSBERGHE and SYLVIE VAN DORPE.
Directors
According to the 2025 annual accounts
STEVEN VANWIJNSBERGHE
Director
SYLVIE VAN DORPE
Director
Establishments
Establishment units
Physical locations of this company
Joos de ter Beerstlaan 5
8740 Pittem
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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0478.766.264
- VAT number
- BE 0478.766.264
- Registered office
- Joos de ter Beerstlaan 5, 8740 Pittem
- Names & denominations
- BAKKERIJ MARTINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2002
- Peppol
- Active · Active since 1 Mar 2024
- Contact
- bakkerijmartine.be
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Vervaardiging van cacao, chocolade en suikerwerk
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