Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAKKERIJ MARTIN from Ieper, company number BE0896744115, closed financial year 2025 with a result of € 73,503 after tax. For that financial year BAKKERIJ MARTIN recorded a gross margin of € 86,131 and equity of € 556,175. Compared with financial year 2024, the result moved from € -15,152 to € 73,503. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.
€ 556,175
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,503
▲ still € 15,152 loss in 2024
Profit after tax over the fiscal year.
€ 29,431
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 69,919 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 34,274
▲ € 33,067 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 197,512
▼ 8% vs 2024
€ 16,546 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 474
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,723
▲ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 321,295 | € 92,037 | € 65,056 | € 86,131 | ▲ 32% |
| Profit after taxes | € 121,410 | € 2,599 | € -15,152 | € 73,503 | ▲ € 88,655 |
| Equity | € 875,885 | € 637,663 | € 622,511 | € 556,175 | ▼ 11% |
| Total debts | € 405,729 | € 459,609 | € 398,458 | € 344,269 | ▼ 14% |
| Cash | € 177,464 | € 30,259 | € 32,002 | € 29,431 | ▼ 8% |
| Land & buildings | € 918,918 | € 949,510 | € 877,650 | € 805,867 | ▼ 8% |
| Retained profit | € 204,579 | € 177,156 | € 162,004 | € 95,668 | ▼ 41% |
| Dividend | € 70,000 | € 0 | € 0 | € 69,919 | |
| Bank debt | € 212,622 | € 265,637 | € 213,871 | € 197,512 | ▼ 8% |
| Balance sheet total | € 1,281,614 | € 1,097,272 | € 1,020,968 | € 900,443 | ▼ 12% |
Key figures of BAKKERIJ MARTIN, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to BAKKERIJ MARTIN?
What happened at BAKKERIJ 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 € 73,503. Source: NBB ↗
- Broodatelier BD BV became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 121,410 profit in 2021 to € 73,503 profit in 2025.
Paid € 20,518 in corporate taxes since 2021.
Best year ever: 2021, with € 121,410 profit.
Paid out € 139,919 in dividends to the owners in total.
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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 BAKKERIJ MARTIN are Broodatelier BD BV, Martin Boudry and Ebert Boudry. Broodatelier BD BV is also behind BAKKERIJ EBERT. Ebert Boudry is also behind BROODATELIER BD.
Directors
According to the 2025 annual accounts
since 2021
Martin Boudry
Director
Establishments
Establishment units
Physical locations of this company
Dikkebusseweg 524
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0896.744.115
- VAT number
- BE 0896.744.115
- Registered office
- Dikkebusseweg 524, 8900 Ieper
- Names & denominations
- BAKKERIJ MARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2008
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk