Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wheel Service Maertens from Jabbeke, company number BE0807374352, closed financial year 2025 with a result of € 68,655 after tax. For that financial year Wheel Service Maertens recorded a gross margin of € 447,594 and equity of € 701,681. Compared with financial year 2024, the result moved from € 59,751 to € 68,655. 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 April 15, 2026.
€ 701,681
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,655
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 237,261
▲ 101% 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 € 366,081.
People and assets in 2025
3.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 208,133
▲ 14% vs 2024
€ 63,100 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.
€ 7,158
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 671,988
▼ 8% vs 2024
€ 57,211 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 208,219
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,568
▲ 161% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 310,386 | € 344,816 | € 419,811 | € 447,594 | ▲ 7% |
| Profit after taxes | € 32,532 | € 33,146 | € 59,751 | € 68,655 | ▲ 15% |
| Equity | € 543,329 | € 574,875 | € 633,025 | € 701,681 | ▲ 11% |
| Total debts | € 2,227,788 | € 1,264,759 | € 1,172,603 | € 1,173,679 | |
| Cash | € 57,015 | € 44,900 | € 117,833 | € 237,261 | ▲ 101% |
| Land & buildings | € 1,452,740 | € 1,404,046 | € 1,359,883 | € 1,310,171 | ▼ 4% |
| Retained profit | € 207,729 | € 239,275 | € 297,425 | € 366,081 | ▲ 23% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 0 | ▼ 100% |
| Bank debt | € 872,476 | € 805,602 | € 727,550 | € 671,988 | ▼ 8% |
| Balance sheet total | € 2,771,117 | € 1,839,633 | € 1,805,629 | € 1,875,359 | ▲ 4% |
| Employees (FTE) | 2.9 | 3.1 | 3 | 3.3 | ▲ 0.3 |
Key figures of Wheel Service Maertens, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Wheel Service Maertens?
What happened at Wheel Service Maertens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,655 (▲ 15% vs 2024). Source: NBB ↗
- Valerie Vermeulen stepped down as director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,532 profit in 2022 to € 68,655 profit in 2025.
Paid € 76,292 in corporate taxes since 2022.
Best year ever: 2025, with € 68,655 profit.
On average € 135,600 of value added per employee in 2025.
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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 Wheel Service Maertens is Yannick Maertens.
Directors
According to the 2025 annual accounts
Yannick Maertens
Director
Valerie Vermeulen
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Gistelsteenweg 492
8490 Jabbeke
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
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 0807.374.352
- VAT number
- BE 0807.374.352
- Registered office
- Gistelsteenweg 492, 8490 Jabbeke
- Names & denominations
- Wheel Service Maertens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2008
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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