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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MARTINUS from Zedelgem, company number BE0536524519, closed financial year 2025 with a result of € 9,165 after tax. For that financial year MARTINUS recorded a gross margin of € 81,493 and equity of € -71,301. Compared with financial year 2024, the result moved from € 7,230 to € 9,165. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ -71,301
▲ € 9,165 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,165
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 27,262
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -116,301.
Debts at end 2025
€ 520,270
▼ 9% vs 2024
€ 53,346 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4,158
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,728 | € 77,438 | € 82,344 | € 81,493 | ▼ 1% |
| Profit after taxes | € -367 | € -973 | € 7,230 | € 9,165 | ▲ 27% |
| Equity | € -86,724 | € -87,697 | € -80,467 | € -71,301 | ▲ € 9,165 |
| Total debts | € 715,679 | € 673,923 | € 632,123 | € 552,786 | ▼ 13% |
| Cash | € 59,220 | € 37,652 | € 50,257 | € 27,262 | ▼ 46% |
| Land & buildings | € 559,308 | € 516,344 | € 473,379 | € 430,414 | ▼ 9% |
| Retained profit | € -131,724 | € -132,697 | € -125,467 | € -116,301 | ▲ € 9,165 |
| Bank debt | € 675,828 | € 624,701 | € 572,855 | € 520,270 | ▼ 9% |
| Balance sheet total | € 628,955 | € 586,226 | € 551,656 | € 481,485 | ▼ 13% |
Key figures of MARTINUS, 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 MARTINUS?
What happened at MARTINUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,165 (▲ 27% vs 2024). filed late Source: NBB ↗
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 367 loss in 2022 to € 9,165 profit in 2025.
Best year ever: 2025, with € 9,165 profit.
Management
Behind MARTINUS are Simon Pirard, Annik Nicole Ooghe, Elise Viaene and Gerben Vandermeiren. Elise Viaene is also behind DOKTERS DEWULF-VIAENE. Gerben Vandermeiren is also behind DOKTER VANDERMEIREN GERBEN, HUISARTS.
Directors
According to the 2025 annual accounts
Simon Pirard
Director
Annik Nicole Ooghe
Director
Establishments
Establishment units
Physical locations of this company
Steenbrugsestraat 19
8210 Zedelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0536.524.519
- VAT number
- BE 0536.524.519
- Registered office
- Steenbrugsestraat 19, 8210 Zedelgem
- Names & denominations
- MARTINUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2013
- Peppol
- Not registered