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 14 % 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
MARTINO from Wevelgem, company number BE0762901832, closed financial year 2025 with a result of € 9,609 after tax. For that financial year MARTINO recorded a gross margin of € 22,842 and equity of € 130,989. Compared with financial year 2024, the result moved from € 8,331 to € 9,609. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 130,989
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,609
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 983
▲ € 968 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 € 75,635.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 109,506
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,808
▲ 33% 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 | € 19,089 | € 12,464 | € 19,482 | € 22,842 | ▲ 17% |
| Profit after taxes | € 10,703 | € 4,840 | € 8,331 | € 9,609 | ▲ 15% |
| Equity | € 106,714 | € 161,555 | € 121,380 | € 130,989 | ▲ 8% |
| Total debts | € 73,381 | € 58,275 | € 167,906 | € 145,160 | ▼ 14% |
| Cash | € 25 | € 22 | € 15 | € 983 | ▲ € 968 |
| Land & buildings | € 69,687 | € 174,943 | € 171,177 | € 255,583 | ▲ 49% |
| Retained profit | € 101,361 | € 106,201 | € 66,026 | € 75,635 | ▲ 15% |
| Dividend | € 0 | € 0 | € 48,506 | € 0 | ▼ 100% |
| Balance sheet total | € 180,095 | € 219,830 | € 289,286 | € 276,149 | ▼ 5% |
Key figures of MARTINO, 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 MARTINO?
What happened at MARTINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,609 (▲ 15% vs 2024). filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- MARINO DEVADDER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,703 profit in 2022 to € 9,609 profit in 2025.
Paid € 13,821 in corporate taxes since 2022.
Best year ever: 2022, with € 10,703 profit.
Paid out € 48,506 in dividends to the owners in total.
Management
Behind MARTINO is MARINO DEVADDER. MARINO DEVADDER is also behind DEVADDER.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Gaverstraat 3
8560 Wevelgem
Korte Vinkestraat 18
8560 Wevelgem
Active since 4 February 2021
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
- 0762.901.832
- VAT number
- BE 0762.901.832
- Registered office
- Gaverstraat 3, 8560 Wevelgem
- Names & denominations
- MARTINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2020
- Peppol
- Not registered