Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.2 to 3.5.
Financials
Financial year 2025
MARTIN-HEYLEN from Lier, company number BE0479227807, closed financial year 2025 with a result of € 72,589 after tax. For that financial year MARTIN-HEYLEN recorded a gross margin of € 482,452 and equity of € 173,445. Compared with financial year 2024, the result moved from € 116,303 to € 72,589. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ 173,445
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,589
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 383,732
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3.5
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 308,777
▼ 16% vs 2024
€ 88,200 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.
€ 38,696
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 302,804
▼ 15% vs 2024
€ 54,333 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 23,463
▲ € 18,169 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,876
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 856,914 | € 718,676 | € 600,559 | € 482,452 | ▼ 20% |
| Profit after taxes | € 360,173 | € 154,782 | € 116,303 | € 72,589 | ▼ 38% |
| Equity | € 209,771 | € 164,553 | € 180,856 | € 173,445 | ▼ 4% |
| Total debts | € 841,300 | € 727,139 | € 499,603 | € 447,018 | ▼ 11% |
| Cash | € 366,404 | € 269,822 | € 383,221 | € 383,732 | |
| Land & buildings | € 316,402 | € 270,049 | € 223,695 | € 177,341 | ▼ 21% |
| Retained profit | € 191,929 | € 146,711 | € 163,014 | € 155,603 | ▼ 5% |
| Dividend | € 300,000 | € 200,000 | € 100,000 | € 80,000 | ▼ 20% |
| Bank debt | € 465,805 | € 411,471 | € 357,138 | € 302,804 | ▼ 15% |
| Balance sheet total | € 1,051,071 | € 891,692 | € 680,459 | € 620,463 | ▼ 9% |
| Employees (FTE) | 5.6 | 6.2 | 5.3 | 3.5 | ▼ 1.8 |
Key figures of MARTIN-HEYLEN, 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-HEYLEN?
What happened at MARTIN-HEYLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 72,589 (▼ 38% vs 2024). Source: NBB ↗
- Lucca Management BV became a director. NBB
- TDC Management BV became a director. NBB
- Noaquin BV became a director. NBB
- Nate Management BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lier. KBO
In short
From € 360,173 profit in 2022 to € 72,589 profit in 2025.
Paid € 97,438 in corporate taxes since 2022.
Best year ever: 2022, with € 360,173 profit.
On average € 137,800 of value added per employee in 2025.
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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
The stake of NOAQUIN, NATE MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARTIN-HEYLENBehind MARTIN-HEYLEN are Noaquin BV, Lucca Management BV, Nate Management BV and TDC Management BV. The shares are held by NOAQUIN (44.8%) and NATE MANAGEMENT (44.8%).
Directors
According to the 2025 annual accounts
since 2020
Director · represented by Nick Van Hoorenbeeck
since 2024
Director · represented by Nathalie Heylen
Also active at: aldibo, SMARTH VERZEKEREN
since 2020
Director · represented by Tom De Cuyper
since 2024
Shareholders
44.8%
44.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Paradeplein 5
2500 Lier
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
- 0479.227.807
- VAT number
- BE 0479.227.807
- Registered office
- Paradeplein 5, 2500 Lier
- Names & denominations
- MARTIN-HEYLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2003
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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