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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTENS STEVEN from Malle, company number BE0479925811, closed financial year 2025 with a result of € -5,528 after tax. For that financial year MARTENS STEVEN recorded a gross margin of € 162,986 and equity of € 382,680. Compared with financial year 2024, the result moved from € 270,957 to € -5,528. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 3, 2025.
€ 382,680
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,528
▼ still € 270,957 profit in 2024
Profit after tax over the fiscal year.
€ 2,784
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 376,460.
People and assets in 2025
1.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61,476
▲ 8% vs 2024
€ 55,900 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.
€ 1,132
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 791,048
€ 40,597 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 63,955
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,076
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,841 | € 131,633 | € 521,737 | € 162,986 | ▼ 69% |
| Profit after taxes | € 11,286 | € -868 | € 270,957 | € -5,528 | ▼ € 276,485 |
| Equity | € 178,032 | € 156,538 | € 391,728 | € 382,680 | ▼ 2% |
| Total debts | € 697,343 | € 627,484 | € 924,923 | € 876,764 | ▼ 5% |
| Cash | € 33,868 | € 59,671 | € 60,724 | € 2,784 | ▼ 95% |
| Land & buildings | € 175,290 | € 152,510 | € 701,986 | € 661,525 | ▼ 6% |
| Retained profit | € 171,812 | € 150,318 | € 385,508 | € 376,460 | ▼ 2% |
| Dividend | € 1,600 | € 20,625 | € 35,767 | € 3,520 | ▼ 90% |
| Bank debt | € 482,447 | € 454,798 | € 794,447 | € 791,048 | |
| Balance sheet total | € 875,375 | € 784,022 | € 1,402,177 | € 1,340,596 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1.1 | ▲ 0.1 |
Key figures of MARTENS STEVEN, 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 October 2026.
What happened to MARTENS STEVEN?
What happened at MARTENS STEVEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,528 (▼ € 276,485 vs 2024). Source: NBB ↗
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,286 profit in 2022 to € 5,528 loss in 2025.
Paid € 18,996 in corporate taxes since 2022.
Best year ever: 2024, with € 270,957 profit.
On average € 148,200 of value added per employee in 2025.
Management
Behind MARTENS STEVEN is Steven Martens.
Directors
According to the 2025 annual accounts
Steven Martens
Director
Establishments
Establishment units
Physical locations of this company
Energieweg 6
2390 Malle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.925.811
- VAT number
- BE 0479.925.811
- Registered office
- Energieweg 6, 2390 Malle
- Names & denominations
- MARTENS STEVEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2003
- Peppol
- Active · Active since 11 Apr 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof