What does Martin Verbruggen do?

Martin Verbruggen is a waste processor in Gent. Private Limited, started on 5 January 2007, 1 establishment.

What is the address of Martin Verbruggen?

The registered office of Martin Verbruggen is located at Zeeschipstraat 100, 9000 Gent.

Is Martin Verbruggen still active?

Yes. According to the CBE (2 November 2026) Martin Verbruggen is active, legal situation “Normale toestand”, started on 5 January 2007.

Is Martin Verbruggen registered on Peppol?

Yes, Martin Verbruggen is registered on the Peppol network with ID 0208:0886161910.

What is the enterprise number of Martin Verbruggen?

The enterprise number of Martin Verbruggen is BE0886161910.

When was Martin Verbruggen founded?

Martin Verbruggen was founded on 5 January 2007.

Is Martin Verbruggen a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 January 2007; 3 annual accounts filed, latest fiscal year 2022.

How much profit did Martin Verbruggen make in 2022?

Martin Verbruggen posted a profit after taxes of € 1,085,516 in financial year 2022.

What is the revenue of Martin Verbruggen?

As a small company, Martin Verbruggen is not required to publish revenue in its annual accounts. In financial year 2022, its added value was € 1,760,316.

How much does an employee at Martin Verbruggen earn?

The average wage cost per full-time employee at Martin Verbruggen was € 65,800 in 2022: staff costs of € 65,848 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Martin Verbruggen have?

According to the 2022 annual accounts, Martin Verbruggen has 1 full-time equivalents (FTE).

Martin Verbruggen (Private Limited) - Gent - BE0886161910

Dossier Martin Verbruggen, printed on 2 November 2026 from databakkes.be/en/0886161910/martin-verbruggen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Annual account missing NBB

Fiscal year 2023 was expected before 31 July 2024 and has not been filed.

Financials

Financial year 2022

Martin Verbruggen from Gent, company number BE0886161910, closed financial year 2022 with a result of € 1.1 million after tax. For that financial year Martin Verbruggen recorded a gross margin of € 1.8 million and equity of € 6.7 million. Compared with financial year 2021, the result moved from € 796,545 to € 1.1 million. 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 December 3, 2023.

What it is worth Growing

€ 6.7 million

▲ 19% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.1 million

▲ 36% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 4.7 million

▲ 43% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 4.3 million.

People and assets in 2022

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 65,848

▲ 9% vs 2021

€ 65,800 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.

Vehicles and equipment

€ 188,276

▼ 5% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 127,955

▼ 18% vs 2021

€ 28,517 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 27,558

▼ 69% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 450,340

▲ 160% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2020	2021	2022	Change 2021 → 2022
Gross margin	€ 688,430 Gross margin 2020: € 688,430 First fiscal year in the series	€ 1,336,183 Gross margin 2021: € 1,336,183 ▲ 94% vs 2020 (€ 688,430) Favourable step	€ 1,760,316 Gross margin 2022: € 1,760,316 ▲ 32% vs 2021 (€ 1,336,183) Favourable step	▲ 32%
Profit after taxes	€ 393,695 Profit after taxes 2020: € 393,695 First fiscal year in the series	€ 796,545 Profit after taxes 2021: € 796,545 ▲ 102% vs 2020 (€ 393,695) Favourable step	€ 1,085,516 Profit after taxes 2022: € 1,085,516 ▲ 36% vs 2021 (€ 796,545) Favourable step	▲ 36%
Equity	€ 6,038,458 Equity 2020: € 6,038,458 First fiscal year in the series	€ 5,614,136 Equity 2021: € 5,614,136 ▼ 7% vs 2020 (€ 6,038,458) Unfavourable step	€ 6,699,652 Equity 2022: € 6,699,652 ▲ 19% vs 2021 (€ 5,614,136) Favourable step	▲ 19%
Total debts	€ 344,648 Total debts 2020: € 344,648 First fiscal year in the series	€ 591,867 Total debts 2021: € 591,867 ▲ 72% vs 2020 (€ 344,648) Unfavourable step	€ 840,096 Total debts 2022: € 840,096 ▲ 42% vs 2021 (€ 591,867) Unfavourable step	▲ 42%
Cash	€ 3,542,579 Cash 2020: € 3,542,579 First fiscal year in the series	€ 3,289,971 Cash 2021: € 3,289,971 ▼ 7% vs 2020 (€ 3,542,579) Unfavourable step	€ 4,693,335 Cash 2022: € 4,693,335 ▲ 43% vs 2021 (€ 3,289,971) Favourable step	▲ 43%
Land & buildings	€ 4,073 Land & buildings 2020: € 4,073 First fiscal year in the series	-	-
Retained profit	€ 3,688,458 Retained profit 2020: € 3,688,458 First fiscal year in the series	€ 3,264,136 Retained profit 2021: € 3,264,136 ▼ 12% vs 2020 (€ 3,688,458) Unfavourable step	€ 4,349,652 Retained profit 2022: € 4,349,652 ▲ 33% vs 2021 (€ 3,264,136) Favourable step	▲ 33%
Dividend	€ 0 Dividend 2020: € 0 First fiscal year in the series	€ 1,220,867 Dividend 2021: € 1,220,867 Unchanged (€ 0) Unchanged	€ 0 Dividend 2022: € 0 ▼ 100% vs 2021 (€ 1,220,867) Unchanged	▼ 100%
Bank debt	€ 50,000 Bank debt 2020: € 50,000 First fiscal year in the series	€ 156,076 Bank debt 2021: € 156,076 ▲ 212% vs 2020 (€ 50,000) Unfavourable step	€ 127,955 Bank debt 2022: € 127,955 ▼ 18% vs 2021 (€ 156,076) Favourable step	▼ 18%
Balance sheet total	€ 6,383,105 Balance sheet total 2020: € 6,383,105 First fiscal year in the series	€ 6,206,003 Balance sheet total 2021: € 6,206,003 ▼ 3% vs 2020 (€ 6,383,105) Unchanged	€ 7,539,748 Balance sheet total 2022: € 7,539,748 ▲ 21% vs 2021 (€ 6,206,003) Unchanged	▲ 21%
Employees (FTE)	1 Employees (FTE) 2020: 1 First fiscal year in the series	1 Employees (FTE) 2021: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2022: 1 Unchanged (1) Unchanged

Key figures of Martin Verbruggen, fiscal years 2020 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Martin Verbruggen?

What happened at Martin Verbruggen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 3, 2023 New annual accounts for financial year 2022: profit of € 1.1 million (▲ 36% vs 2021). filed late Source: NBB ↗
Jan 10, 2007 New establishment in Gent. KBO
Jan 5, 2007 Start of the company according to the CBE. KBO

In short

From € 393,695 profit in 2020 to € 1.1 million profit in 2022.

Paid € 1 million in corporate taxes since 2020.

Best year ever: 2022, with € 1.1 million profit.

On average € 1.8 million of value added per employee in 2022.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Zeeschipstraat 100

9000 Gent

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 →

Verbruggen Oude Metalen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0886.161.910

VAT number

BE 0886.161.910

Registered office

Zeeschipstraat 100, 9000 Gent

Names & denominations

Martin Verbruggen

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

5 January 2007

Peppol

Active · Active since 31 Mar 2026

Activities · NACE

Terugwinning van materialen uit afval

Recycling van metaalafval

Terugwinning van metaalafval

View on CBE Public ↗ Annual accounts (NBB) ↗