MARTENS CONSTRUCTIE
ActiveSummary
MARTENS CONSTRUCTIE has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €666,301 and a net result of €33,314. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 90% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1982 Normal situation
- Activity
- Joinery installation NACE 43320and 3 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-09-2024
- Establishment unit
- 2.020.114.080 8400 Oostende, since 01-04-1982
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Board and ownership
- TANGHE BrigitteDirector · since 16-12-2002
- MARTENS J.H.L. SYSTEMEN & ONTWIKKELING BVDirector · since 01-02-2005
- MARTENS J.H.L. SYSTEMEN EN ONTWIKKELING100%· score 9631-01-2026 annual accounts of MARTENS J.H.L. SYSTEMEN EN ONTWIKKELING
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €236,519
- ▼ 2.3%
- Turnover
- ≈ €940,000
- estimated
- Profit
- €33,314
- ▲ 70.5%
- Equity
- €666,301
- ▼ 5.2%
- Total assets
- €799,354
- ▲ 3.7%
- Employees on 30-09-2025
- 2
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.57, cash €284,173Equity €666,301 (83.4% of total assets)Founded in 1982Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 90% on liquidity, 46% on profitability and 28% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 89% of companies in specialised constructionsector median 44.0% · 9,895 companies 83.4% View
Comparable companies
These companies have the same main activity as MARTENS CONSTRUCTIE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €673,000 and €1.2m, founded between 1970 and 1990.
| Company | Total assets | Gross margin |
|---|---|---|
| MARTENS CONSTRUCTIE Oostende | €0.8m | €0.2m |
| TIBO Torhout | €0.7m | €0.2m |
| HOOYBERGHS Dessel | €0.8m | €0.3m |
| Peirs Gebroeders Waregem | €0.9m | €0.2m |
| POPELIER Lichtervelde | €1.0m | €0.3m |
| Mivan Bouw- en afwerkingsbedrijf Staden | €1.2m | €0.2m |
| PLEVOETS CARLO SCHRIJNWERKERIJ Sint-Truiden | €0.7m | €0.2m |
Key facts about MARTENS CONSTRUCTIE
- What is the company number of MARTENS CONSTRUCTIE?
- The company number of MARTENS CONSTRUCTIE is 0422.450.539. The VAT number is the same number with BE in front: BE 0422.450.539.
- Where is MARTENS CONSTRUCTIE based?
- The registered office is at Zandvoordeschorredijkstraat 287, 8400 Oostende.Company details
- What does MARTENS CONSTRUCTIE do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of MARTENS CONSTRUCTIE?
- The legal form of MARTENS CONSTRUCTIE is Public limited company (NV).
- When was MARTENS CONSTRUCTIE founded?
- MARTENS CONSTRUCTIE was founded on 01-01-1982.
- Is MARTENS CONSTRUCTIE still active?
- Yes, MARTENS CONSTRUCTIE is an active enterprise in the KBO register.
- How many employees does MARTENS CONSTRUCTIE have?
- MARTENS CONSTRUCTIE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MARTENS CONSTRUCTIE fall under?
- In its 30-09-2024 annual accounts, MARTENS CONSTRUCTIE states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of MARTENS CONSTRUCTIE?
- The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €236,519 and 37 comparable companies (NACE 43320). It probably lies between €630,000 and €1.2m.
- Is MARTENS CONSTRUCTIE profitable?
- In financial year 2025, MARTENS CONSTRUCTIE made a profit of €33,314.
- Where can I find the annual accounts of MARTENS CONSTRUCTIE?
- MARTENS CONSTRUCTIE filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARTENS CONSTRUCTIE due?
- MARTENS CONSTRUCTIE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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