Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GRONDWERKEN MARTIJN PAESEN from Oudsbergen, company number BE0737742408, closed financial year 2024 with a result of € -113,608 after tax. For that financial year GRONDWERKEN MARTIJN PAESEN recorded a gross margin of € -27,892 and equity of € -3,836. Compared with financial year 2023, the result moved from € -2,518 to € -113,608. The company made a loss. 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 July 24, 2025.
€ -3,836
▼ € 113,608 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -113,608
▼ 4412 % more loss than in 2023
Profit after tax over the fiscal year.
€ 4,845
▼ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,636.
People and assets in 2024
€ 143
▼ 60% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 246,593
▲ 33% vs 2023
Of which on lease € 83,305.
Debts at end 2024
€ 282,587
▲ 5% vs 2023
€ 58,818 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 189,150
▲ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,838
▼ 76% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 70,939 | € 94,919 | € 76,728 | € -27,892 | ▼ € 104,620 |
| Profit after taxes | € 11,190 | € 28,128 | € -2,518 | € -113,608 | ▼ € 111,090 |
| Equity | € 84,162 | € 112,290 | € 109,772 | € -3,836 | ▼ € 113,608 |
| Total debts | € 303,244 | € 363,253 | € 415,244 | € 487,930 | ▲ 18% |
| Cash | € 7,064 | € 83,691 | € 8,356 | € 4,845 | ▼ 42% |
| Retained profit | € 72,362 | € 100,490 | € 97,972 | € -15,636 | ▼ € 113,608 |
| Bank debt | € 163,396 | € 164,463 | € 270,219 | € 282,587 | ▲ 5% |
| Balance sheet total | € 387,406 | € 475,543 | € 525,016 | € 484,094 | ▼ 8% |
Key figures of GRONDWERKEN MARTIJN PAESEN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GRONDWERKEN MARTIJN PAESEN?
What happened at GRONDWERKEN MARTIJN PAESEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GRONDWERKEN MARTIJN PAESEN is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 113,608. Source: NBB ↗
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,190 profit in 2021 to € 113,608 loss in 2024.
Paid € 11,121 in corporate taxes since 2021.
Best year ever: 2022, with € 28,128 profit.
A new publication or filing at GRONDWERKEN MARTIJN PAESEN? 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 GRONDWERKEN MARTIJN PAESEN is Martijn Paesen.
Directors
According to the 2024 annual accounts
Martijn Paesen
Director
Establishments
Establishment units
Physical locations of this company
Weg naar Helchteren 77
3670 Oudsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.742.408
- VAT number
- BE 0737.742.408
- Registered office
- Weg naar Helchteren 77, 3670 Oudsbergen
- Names & denominations
- GRONDWERKEN MARTIJN PAESEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 November 2019
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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