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 20 % 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
Makelaarskantoor Martens from Sint-Martens-Latem, company number BE0634684361, closed financial year 2025 with a result of € 6,638 after tax. For that financial year Makelaarskantoor Martens recorded a gross margin of € 73,471 and equity of € 6,638. Compared with financial year 2024, the result moved from € 21,902 to € 6,638. The company is profitable. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 6,638
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,638
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 5
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,357 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,270
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 79,380
▼ 33% vs 2024
€ 37,667 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,222
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,377
▲ 44% 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 | € 115,963 | € 77,529 | € 106,529 | € 73,471 | ▼ 31% |
| Profit after taxes | € 50,239 | € 15,554 | € 21,902 | € 6,638 | ▼ 70% |
| Equity | € 171,901 | € 187,455 | € 209,357 | € 6,638 | ▼ 97% |
| Total debts | € 239,153 | € 177,654 | € 146,443 | € 129,581 | ▼ 12% |
| Cash | € 0 | € 0 | € 50 | € 5 | ▼ 90% |
| Land & buildings | € 478 | € 365 | € 253 | € 140 | ▼ 45% |
| Retained profit | € -33,099 | € -17,545 | € 4,357 | € 6,638 | ▲ 52% |
| Dividend | € 0 | € 0 | € 0 | € 4,357 | |
| Bank debt | € 191,052 | € 157,313 | € 118,173 | € 79,380 | ▼ 33% |
| Balance sheet total | € 411,054 | € 365,109 | € 355,800 | € 136,218 | ▼ 62% |
| Employees (FTE) | 0.1 | 0 | - | - |
Key figures of Makelaarskantoor Martens, 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 Makelaarskantoor Martens?
What happened at Makelaarskantoor Martens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,638 (▼ 70% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Martens-Latem. KBO
- THIBAULT MARTENS became a director. NBB
In short
From € 50,239 profit in 2022 to € 6,638 profit in 2025.
Paid € 14,377 in corporate taxes since 2022.
Best year ever: 2022, with € 50,239 profit.
Paid out € 4,357 in dividends to the owners in total.
Management
The stake of THIBAULT MARTENS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Makelaarskantoor MartensBehind Makelaarskantoor Martens is THIBAULT MARTENS. The shares are held by THIBAULT MARTENS (40%).
Directors
According to the 2025 annual accounts
since 2015
Shareholders
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mortelstraat 23
9831 Sint-Martens-Latem
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Martens Thibault(beherend vennoot) 90%
- De Cabooter Céline(stille vennoot) 10%
Details
- Company number
- 0634.684.361
- VAT number
- BE 0634.684.361
- Registered office
- Mortelstraat 23, 9831 Sint-Martens-Latem
- Names & denominations
- Makelaarskantoor Martens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2015
- Peppol
- Not registered
- Activities · NACE
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