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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTENS-COPANEX TRANSPORT from Wielsbeke, company number BE0715628485, closed financial year 2025 with a result of € 35,546 after tax. For that financial year MARTENS-COPANEX TRANSPORT recorded a gross margin of € 907,717 and equity of € 627,797. Compared with financial year 2024, the result moved from € 36,467 to € 35,546. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 627,797
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,546
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 13,846
▲ 200% 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 € 227,797.
People and assets in 2025
5.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 516,670
▲ 19% vs 2024
€ 89,100 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.
€ 1.3 million
▲ 23% vs 2024
Of which on lease € 1.2 million.
Debts at end 2025
€ 1.2 million
▲ 24% vs 2024
€ 272,579 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 161,283
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,519
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 854,044 | € 861,480 | € 825,824 | € 907,717 | ▲ 10% |
| Profit after taxes | € 131,489 | € 2,987 | € 36,467 | € 35,546 | ▼ 3% |
| Equity | € 552,798 | € 555,785 | € 592,251 | € 627,797 | ▲ 6% |
| Total debts | € 1,086,551 | € 1,641,458 | € 1,135,781 | € 1,435,874 | ▲ 26% |
| Cash | € 23,272 | € 6,518 | € 4,623 | € 13,846 | ▲ 200% |
| Retained profit | € 152,798 | € 155,785 | € 192,251 | € 227,797 | ▲ 18% |
| Bank debt | € 974,618 | € 1,403,439 | € 970,123 | € 1,201,817 | ▲ 24% |
| Balance sheet total | € 1,639,349 | € 2,197,243 | € 1,728,032 | € 2,063,671 | ▲ 19% |
| Employees (FTE) | 7.6 | 6.2 | 6.3 | 5.8 | ▼ 0.5 |
Key figures of MARTENS-COPANEX TRANSPORT, 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 MARTENS-COPANEX TRANSPORT?
What happened at MARTENS-COPANEX TRANSPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,546 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,489 profit in 2022 to € 35,546 profit in 2025.
Paid € 15,110 in corporate taxes since 2022.
Best year ever: 2022, with € 131,489 profit.
On average € 156,500 of value added per employee in 2025.
A new publication or filing at MARTENS-COPANEX TRANSPORT? We notify you, reason included.
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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
Behind MARTENS-COPANEX TRANSPORT is Waltherus Martens. Waltherus Martens is also behind MARTENS-COPANEX, MARTENS-COPANEX ONROERENDE ZAAK, MCPP I and MARTENS GREEN POWER BELGIË ONROEREND GOED.
Directors
According to the 2025 annual accounts
Waltherus Martens
Director
Also active at: MARTENS-COPANEX, MARTENS-COPANEX ONROERENDE ZAAK, MCPP I, MARTENS GREEN POWER BELGIË ONROEREND GOED
Establishments
Establishment units
Physical locations of this company
Pannenstraat 4
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SUPERIOR-AS, NL
Domain
Domain
copanex.com
Registered
2003-02-13
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2027-02-13
Website info
Features
Security
Details
- Company number
- 0715.628.485
- VAT number
- BE 0715.628.485
- Registered office
- Pannenstraat 4, 8710 Wielsbeke
- Names & denominations
- MARTENS-COPANEX TRANSPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2018
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- copanex.com
- Activities · NACE
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