Financials
Financial year 2025
PIETER MARTIN from Wevelgem, company number BE0830266055, closed financial year 2025 with a result of € 17,351 after tax. For that financial year PIETER MARTIN recorded a gross margin of € 579,403 and equity of € 119,474. Compared with financial year 2024, the result moved from € 1,590 to € 17,351. 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 July 1, 2026.
€ 119,474
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,351
▲ € 15,761 vs 2024
Profit after tax over the fiscal year.
€ 189,625
▲ 34% 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 € 113,274.
People and assets in 2025
€ 480,522
▼ 1% 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.
€ 79,523
▼ 14% vs 2024
Of which on lease € 79,523.
Debts at end 2025
€ 69,316
▼ 11% vs 2024
€ 29,828 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 41,883
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 83,412
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 362,734 | € 568,198 | € 537,402 | € 579,403 | ▲ 8% |
| Profit after taxes | € 29,885 | € 11,704 | € 1,590 | € 17,351 | ▲ € 15,761 |
| Equity | € 88,829 | € 100,533 | € 102,123 | € 119,474 | ▲ 17% |
| Total debts | € 241,736 | € 255,475 | € 224,703 | € 194,611 | ▼ 13% |
| Cash | € 168,776 | € 98,034 | € 141,243 | € 189,625 | ▲ 34% |
| Retained profit | € 82,629 | € 94,333 | € 95,923 | € 113,274 | ▲ 18% |
| Bank debt | € 129,474 | € 117,877 | € 77,732 | € 69,316 | ▼ 11% |
| Balance sheet total | € 330,565 | € 356,008 | € 326,826 | € 314,084 | ▼ 4% |
Key figures of PIETER MARTIN, 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 PIETER MARTIN?
What happened at PIETER MARTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,351 (▲ € 15,761 vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Pieter Martin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,885 profit in 2022 to € 17,351 profit in 2025.
Paid € 41,760 in corporate taxes since 2022.
Best year ever: 2022, with € 29,885 profit.
Management
Behind PIETER MARTIN is Pieter Martin. Pieter Martin is also behind TWEEPUNTEEN.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Driemasten 119
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.266.055
- VAT number
- BE 0830.266.055
- Registered office
- Driemasten 119, 8560 Wevelgem
- Names & denominations
- PIETER MARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Schrijnwerk
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Plaatsen van vloerbedekking en wandbekleding van hout
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels