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 54 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MARTENS BROTHERS from Sint-Lambrechts-Woluwe, company number BE0832020369, closed financial year 2024 with a result of € -3,148 after tax. For that financial year MARTENS BROTHERS recorded a gross margin of € 274,472 and equity of € 63,053. Compared with financial year 2023, the result moved from € 2,395 to € -3,148. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 5, 2025.
€ 63,053
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,148
▼ still € 2,395 profit in 2023
Profit after tax over the fiscal year.
€ 79,110
▼ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,053.
People and assets in 2024
€ 242,170
▲ 14% 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.
€ 13,762
▼ 50% vs 2023
Of which on lease € 12,522.
Debts at end 2024
€ 8,052
▼ 53% vs 2023
Loans from banks and other lenders, long and short.
€ 139,699
▼ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,183
▼ 52% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,252,492 | - | |
| Gross margin | € 194,134 | € 227,100 | € 250,918 | € 274,472 | ▲ 9% |
| Profit after taxes | € 5,786 | € 10,418 | € 2,395 | € -3,148 | ▼ € 5,543 |
| Equity | € 53,387 | € 63,805 | € 66,201 | € 63,053 | ▼ 5% |
| Total debts | € 258,855 | € 337,613 | € 317,664 | € 163,934 | ▼ 48% |
| Cash | € 120,550 | € 231,545 | € 220,492 | € 79,110 | ▼ 64% |
| Retained profit | € 21,387 | € 31,805 | € 34,201 | € 31,053 | ▼ 9% |
| Dividend | € 12,286 | € 0 | € 0 | € 0 | |
| Bank debt | € 55,891 | € 25,630 | € 16,962 | € 8,052 | ▼ 53% |
| Balance sheet total | € 312,243 | € 401,418 | € 383,864 | € 226,987 | ▼ 41% |
| Employees (FTE) | 7.4 | 6.9 | 7.2 | - |
Key figures of MARTENS BROTHERS, 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 MARTENS BROTHERS?
What happened at MARTENS BROTHERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,148 (▼ € 5,543 vs 2023). filed late Source: NBB ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,786 profit in 2021 to € 3,148 loss in 2024.
Paid € 8,505 in corporate taxes since 2021.
Best year ever: 2022, with € 10,418 profit.
On average € 34,800 of value added per employee in 2023.
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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 BROTHERS is RAYMOND MARTENS SERGE.
Directors
According to the 2024 annual accounts
RAYMOND MARTENS SERGE
Director
Establishments
Establishment units
Physical locations of this company
Georges Henrilaan 362
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.020.369
- VAT number
- BE 0832.020.369
- Registered office
- Georges Henrilaan 362, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- MARTENS BROTHERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2010
- Peppol
- Active · Active since 19 Oct 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)