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 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTIN SERVICE from Dalhem, company number BE0479215731, closed financial year 2025 with a result of € 20,326 after tax. For that financial year MARTIN SERVICE recorded a gross margin of € 113,116 and equity of € 142,285. Compared with financial year 2024, the result moved from € 3,122 to € 20,326. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 142,285
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,326
▲ € 17,204 vs 2024
Profit after tax over the fiscal year.
€ 39,982
▲ € 31,964 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 23,800 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 47,497
▲ 291% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,616
▼ 31% vs 2024
Of which on lease € 5,596.
Debts at end 2025
€ 178,265
▲ € 133,964 vs 2024
€ 48,875 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,687
▲ € 24,270 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,345
▲ € 34,202 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,980 | € 63,739 | € 36,165 | € 113,116 | ▲ 213% |
| Profit after taxes | € 26,959 | € 5,671 | € 3,122 | € 20,326 | ▲ € 17,204 |
| Equity | € 138,596 | € 143,467 | € 145,759 | € 142,285 | ▼ 2% |
| Total debts | € 61,845 | € 86,715 | € 63,692 | € 291,812 | ▲ € 228,120 |
| Cash | € 11,245 | € 14,439 | € 8,018 | € 39,982 | ▲ € 31,964 |
| Retained profit | € 119,996 | € 124,867 | € 127,159 | € 123,685 | ▼ 3% |
| Dividend | € 6,000 | € 800 | € 830 | € 23,800 | ▲ € 22,970 |
| Bank debt | € 25,174 | € 60,036 | € 44,301 | € 178,265 | ▲ € 133,964 |
| Balance sheet total | € 200,441 | € 230,182 | € 209,451 | € 434,097 | ▲ 107% |
Key figures of MARTIN SERVICE, 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 MARTIN SERVICE?
What happened at MARTIN SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,326 (▲ € 17,204 vs 2024). Source: NBB ↗
- New establishment in Neupré. KBO
- New establishment in Oupeye. KBO
- Start of the company according to the CBE. KBO
- JEAN-MICHEL MARTIN became a director. NBB
In short
From € 26,959 profit in 2022 to € 20,326 profit in 2025.
Paid € 17,269 in corporate taxes since 2022.
Best year ever: 2022, with € 26,959 profit.
Paid out € 31,430 in dividends to the owners in total.
Management
Behind MARTIN SERVICE is JEAN-MICHEL MARTIN.
Directors
According to the 2025 annual accounts
JEAN-MICHEL MARTIN
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Les Waides(NEU) 12
4608 Dalhem
Rue de la Cale Sèche 42
4684 Oupeye
Active since 21 February 2003
Route du Condroz(N) 108
4121 Neupré
Active since 1 January 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
- 0479.215.731
- VAT number
- BE 0479.215.731
- Registered office
- Les Waides(NEU) 12, 4608 Dalhem
- Names & denominations
- MARTIN SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2003
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Detailhandel in huismeubilair
Reparatie en onderhoud van machines
Herstelling van landbouwmachines
Overige niet-gespecialiseerde detailhandel
Landschapsverzorging
Interieurontwerp
Detailhandel in uurwerken en sieraden
Detailhandel in verlichtingsartikelen
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