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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTENS BUILDING MANAGEMENT from Aalst, company number BE0892454438, closed financial year 2025 with a result of € 1,378 after tax. For that financial year MARTENS BUILDING MANAGEMENT recorded a gross margin of € 549,269 and equity of € 71,826. Compared with financial year 2024, the result moved from € 1,964 to € 1,378. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 71,826
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,378
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 2,007
▲ € 1,922 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 € 53,226.
People and assets in 2025
6.9
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 434,202
▲ 31% vs 2024
€ 62,900 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.
€ 92,025
▼ 8% vs 2024
Of which on lease € 86,575.
Debts at end 2025
€ 301,144
▼ 6% vs 2024
€ 55,179 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 319,041
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 120,683
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 296,257 | € 388,602 | € 448,519 | € 549,269 | ▲ 22% |
| Profit after taxes | € 10,628 | € 3,762 | € 1,964 | € 1,378 | ▼ 30% |
| Equity | € 64,723 | € 68,484 | € 70,448 | € 71,826 | ▲ 2% |
| Total debts | € 410,883 | € 778,400 | € 677,815 | € 747,347 | ▲ 10% |
| Cash | € 14,033 | € 2,413 | € 86 | € 2,007 | ▲ € 1,922 |
| Land & buildings | - | € 244,213 | € 238,213 | € 237,758 | |
| Retained profit | € 46,123 | € 49,884 | € 51,848 | € 53,226 | ▲ 3% |
| Bank debt | € 96,731 | € 394,469 | € 319,908 | € 301,144 | ▼ 6% |
| Balance sheet total | € 475,605 | € 846,884 | € 748,263 | € 819,173 | ▲ 9% |
| Employees (FTE) | 3.9 | 5.1 | 5.3 | 6.9 | ▲ 1.6 |
Key figures of MARTENS BUILDING MANAGEMENT, 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 MARTENS BUILDING MANAGEMENT?
What happened at MARTENS BUILDING MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,378 (▼ 30% vs 2024). Source: NBB ↗
- MICHEL MARTENS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 10,628 profit in 2022 to € 1,378 profit in 2025.
Paid € 21,839 in corporate taxes since 2022.
Best year ever: 2022, with € 10,628 profit.
On average € 79,600 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 MARTENS BUILDING MANAGEMENT is MICHEL MARTENS. The shares are held by MICHEL MARTENS (100%).
Directors
According to the 2025 annual accounts
since 2024
Shareholders
MICHEL MARTENS · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meirbeekstraat 138
9308 Aalst
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0892.454.438
- VAT number
- BE 0892.454.438
- Registered office
- Meirbeekstraat 138, 9308 Aalst
- Names & denominations
- MARTENS BUILDING MANAGEMENT · MBM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2007
- Peppol
- Active · Active since 15 Mar 2025
- Activities · NACE
Stukadoorswerk
Overige werkzaamheden in verband met de afwerking van gebouwen