What does Martinsen do?

Martinsen is a shop in Oostkamp. Private Limited, started on 21 December 2017, 1 establishment.

What is the address of Martinsen?

The registered office of Martinsen is located at Hillestraat 32, 8020 Oostkamp.

Is Martinsen still active?

Yes. According to the CBE (31 October 2026) Martinsen is active, legal situation “Normale toestand”, started on 21 December 2017.

Is Martinsen registered on Peppol?

Yes, Martinsen is registered on the Peppol network with ID 0208:0686734561.

What is the enterprise number of Martinsen?

The enterprise number of Martinsen is BE0686734561.

When was Martinsen founded?

Martinsen was founded on 21 December 2017.

Who are the directors of Martinsen?

According to the 2025 annual accounts, the directors of Martinsen are: Jens Martinsen.

Is Martinsen a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Martinsen make in 2025?

Martinsen posted a profit after taxes of € 160,139 in financial year 2025.

What is the revenue of Martinsen?

As a small company, Martinsen is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 346,666.

Martinsen (Private Limited) - Oostkamp - BE0686734561

Dossier Martinsen, printed on 31 October 2026 from databakkes.be/en/0686734561/martinsen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Martinsen from Oostkamp, company number BE0686734561, closed financial year 2025 with a result of € 160,139 after tax. For that financial year Martinsen recorded a gross margin of € 346,666 and equity of € 188,394. Compared with financial year 2024, the result moved from € 151,363 to € 160,139. Profitable, and profit is growing. The buffer shrank hard: equity is 62 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.

What it is worth Shrank hard

€ 188,394

▼ 62% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 160,139

▲ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 385,265

▲ 13% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 468,541 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 59,383

▲ 16% 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.

Vehicles and equipment

€ 433,183

▲ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 190,928

▼ 1% vs 2024

€ 66,695 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 15,571

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 12,400

▼ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 246,764 Gross margin 2022: € 246,764 First fiscal year in the series	€ 252,716 Gross margin 2023: € 252,716 ▲ 2% vs 2022 (€ 246,764) Favourable step	€ 319,571 Gross margin 2024: € 319,571 ▲ 26% vs 2023 (€ 252,716) Favourable step	€ 346,666 Gross margin 2025: € 346,666 ▲ 8% vs 2024 (€ 319,571) Favourable step	▲ 8%
Profit after taxes	€ 141,879 Profit after taxes 2022: € 141,879 First fiscal year in the series	€ 135,288 Profit after taxes 2023: € 135,288 ▼ 5% vs 2022 (€ 141,879) Unfavourable step	€ 151,363 Profit after taxes 2024: € 151,363 ▲ 12% vs 2023 (€ 135,288) Favourable step	€ 160,139 Profit after taxes 2025: € 160,139 ▲ 6% vs 2024 (€ 151,363) Favourable step	▲ 6%
Equity	€ 210,146 Equity 2022: € 210,146 First fiscal year in the series	€ 345,434 Equity 2023: € 345,434 ▲ 64% vs 2022 (€ 210,146) Favourable step	€ 496,797 Equity 2024: € 496,797 ▲ 44% vs 2023 (€ 345,434) Favourable step	€ 188,394 Equity 2025: € 188,394 ▼ 62% vs 2024 (€ 496,797) Unfavourable step	▼ 62%
Total debts	€ 144,874 Total debts 2022: € 144,874 First fiscal year in the series	€ 309,231 Total debts 2023: € 309,231 ▲ 113% vs 2022 (€ 144,874) Unfavourable step	€ 269,204 Total debts 2024: € 269,204 ▼ 13% vs 2023 (€ 309,231) Favourable step	€ 689,858 Total debts 2025: € 689,858 ▲ 156% vs 2024 (€ 269,204) Unfavourable step	▲ 156%
Cash	€ 303,825 Cash 2022: € 303,825 First fiscal year in the series	€ 325,840 Cash 2023: € 325,840 ▲ 7% vs 2022 (€ 303,825) Favourable step	€ 341,959 Cash 2024: € 341,959 ▲ 5% vs 2023 (€ 325,840) Favourable step	€ 385,265 Cash 2025: € 385,265 ▲ 13% vs 2024 (€ 341,959) Favourable step	▲ 13%
Retained profit	€ 191,596 Retained profit 2022: € 191,596 First fiscal year in the series	€ 326,884 Retained profit 2023: € 326,884 ▲ 71% vs 2022 (€ 191,596) Favourable step	€ 478,247 Retained profit 2024: € 478,247 ▲ 46% vs 2023 (€ 326,884) Favourable step	€ 169,844 Retained profit 2025: € 169,844 ▼ 64% vs 2024 (€ 478,247) Unfavourable step	▼ 64%
Dividend	€ 75,000 Dividend 2022: € 75,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 75,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 468,541 Dividend 2025: € 468,541 Unchanged (€ 0) Unchanged
Bank debt	€ 17,977 Bank debt 2022: € 17,977 First fiscal year in the series	€ 247,276 Bank debt 2023: € 247,276 ▲ € 229,300 vs 2022 (€ 17,977) Unfavourable step	€ 192,059 Bank debt 2024: € 192,059 ▼ 22% vs 2023 (€ 247,276) Favourable step	€ 190,928 Bank debt 2025: € 190,928 ▼ 1% vs 2024 (€ 192,059) Favourable step	▼ 1%
Balance sheet total	€ 355,019 Balance sheet total 2022: € 355,019 First fiscal year in the series	€ 654,665 Balance sheet total 2023: € 654,665 ▲ 84% vs 2022 (€ 355,019) Unchanged	€ 766,000 Balance sheet total 2024: € 766,000 ▲ 17% vs 2023 (€ 654,665) Unchanged	€ 878,253 Balance sheet total 2025: € 878,253 ▲ 15% vs 2024 (€ 766,000) Unchanged	▲ 15%

Key figures of Martinsen, 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 Martinsen?

What happened at Martinsen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 22, 2026 New annual accounts for financial year 2025: profit of € 160,139 (▲ 6% vs 2024). Source: NBB ↗
2023 Jens Martinsen became a director. NBB
Dec 21, 2017 New establishment in Gistel. KBO
Dec 21, 2017 Start of the company according to the CBE. KBO

In short

From € 141,879 profit in 2022 to € 160,139 profit in 2025.

Paid € 186,573 in corporate taxes since 2022.

Best year ever: 2025, with € 160,139 profit.

Paid out € 543,541 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Jens Martinsen

Martinsen

Behind Martinsen is Jens Martinsen.

Directors

According to the 2025 annual accounts

Jens Martinsen

Bestuurder

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Hillestraat 32

8020 Oostkamp

2.272.406.033

Moerestraat 212

8470 Gistel

Active since 21 December 2017

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0686.734.561
VAT number: BE 0686.734.561
Registered office: Hillestraat 32, 8020 Oostkamp
Names & denominations: Martinsen
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 21 December 2017
Peppol: Active · Active since 8 Jan 2026
Activities · NACE: Detailhandel in vis en schaal- en weekdieren

View on CBE Public ↗ Annual accounts (NBB) ↗