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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vincent Martens from Tielt, company number BE0834340253, closed financial year 2025 with a result of € 1,627 after tax. For that financial year Vincent Martens recorded revenue of € 696,148 and equity of € 320,580. Compared with financial year 2024, the result moved from € -3,904 to € 1,627. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 320,580
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,627
▲ still € 3,904 loss in 2024
Profit after tax over the fiscal year.
€ 33,377
▼ 59% 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 € 13,898.
People and assets in 2025
2.3
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 122,547
▲ 27% vs 2024
€ 53,300 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.
€ 80,239
▼ 4% vs 2024
Of which on lease € 38,750.
Debts at end 2025
€ 2.2 million
▼ 2% vs 2024
€ 98,159 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 96,549
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,106
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 528,197 | € 761,861 | € 713,335 | € 696,148 | ▼ 2% |
| Gross margin | € 254,879 | € 328,558 | € 358,351 | € 394,606 | ▲ 10% |
| Profit after taxes | € 8,225 | € 16,948 | € -3,904 | € 1,627 | ▲ € 5,531 |
| Equity | € 274,089 | € 417,215 | € 354,372 | € 320,580 | ▼ 10% |
| Total debts | € 2,163,954 | € 2,417,257 | € 2,271,456 | € 2,304,207 | ▲ 1% |
| Cash | € 24,055 | € 20,781 | € 81,448 | € 33,377 | ▼ 59% |
| Land & buildings | € 1,669,404 | € 1,803,700 | € 1,713,244 | € 1,671,023 | ▼ 2% |
| Retained profit | € -773 | € 16,175 | € 12,271 | € 13,898 | ▲ 13% |
| Bank debt | € 2,088,423 | € 2,289,949 | € 2,185,777 | € 2,151,399 | ▼ 2% |
| Balance sheet total | € 2,438,043 | € 2,834,472 | € 2,631,828 | € 2,632,187 | |
| Employees (FTE) | 2.2 | 2.2 | 1.7 | 2.3 | ▲ 0.6 |
Key figures of Vincent Martens, 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 Vincent Martens?
What happened at Vincent Martens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,627. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,225 profit in 2022 to € 1,627 profit in 2025.
Best year ever: 2023, with € 16,948 profit.
On average € 171,600 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
Establishments
Establishment units
Physical locations of this company
Ondankstraat 2A
8700 Tielt
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
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0834.340.253
- VAT number
- BE 0834.340.253
- Registered office
- Ondankstraat 2A, 8700 Tielt
- Names & denominations
- Vincent Martens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2011
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- vincentmartens.be
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