MARTENS JAN
ActiveMARTENS JAN has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-667) and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+1
Solvency25▲+13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 0.79 in 2024; short-term debt: 100.4% and cash: 0.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
9.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
21 d late
2022
22 d late
2021
30 d late
2020
24 d late
2019
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-667▲ 95.7%
2024 · €-16k
2018: €32k
2019: €24k
2020: €37k
2021: €21k
2022: €-10k
2023: €-26k
2024: €-16k
2018 → 2025
Total assets
€158k▲ 32.9%
2024 · €119k
2018: €141k
2019: €141k
2020: €134k
2021: €171k
2022: €162k
2023: €164k
2024: €119k
2018 → 2025
Net result
€15k▲ 44.7%
2024 · €10k
2018: €494
2019: €-7k
2020: €13k
2021: €-16k
2022: €-32k
2023: €-16k
2024: €10k
2018 → 2025
Working capital
€-25k▲ 12.0%
2024 · €-29k
2018: €18k
2019: €15k
2020: €28k
2021: €-10k
2022: €-36k
2023: €-47k
2024: €-29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€-10k€-26k▼ 155%€-16k▲ 39.8%€-667▲ 95.7%
Operating result€-15k-€-27k▼ 86.1%€-16k▲ 43.0%€10k€15k▲ 55.6%
Net result€-16k-€-32k▼ 102%€-16k▲ 50.0%€10k€15k▲ 44.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€24k▲ 89.4%
Current assets
€134k▲ 26.1%
Key figures and ratios
EBITDA
€26k▲
2024 · €20k
Cash flow
€25k▲
2024 · €21k
Solvency
-0.4%▲
2024 · -13.1%
Current ratio
0.84▲
2024 · 0.79
Quick ratio
0.37▼
2024 · 0.56
ROA
9.5%▲
2024 · 8.7%
Interest coverage
114.48▲
2024 · 97.14
Debt
€159k▲
2024 · €135k
Debt ≤ 1 year
€159k▲
2024 · €135k
Equity ratios withheld: equity of €-667 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€119k€158k▲
Fixed assets21/28€13k€24k▲
Tangible fixed assets22/27€13k€24k▲
Land and buildings22€0€4k▲
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€9k€17k▲
Leasing and similar rights25€0€0=
Current assets29/58€106k€134k▲
Stocks and contracts in progress3€31k€75k▲
Stocks30/36€31k€75k▲
Amounts receivable within one year40/41€68k€56k▼
Trade receivables40€55k€51k▼
Other amounts receivable41€13k€4k▼
Cash at bank and in hand54/58€5k€619▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€119k€158k▲
Equity10/15€-16k€-667▲
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-42k€-27k▲
Amounts payable17/49€135k€159k▲
Amounts payable within one year42/48€135k€159k▲
Current portion of amounts payable after more than one year42€1k-
Financial debts43€93k€136k▲
Credit institutions430/8€93k€136k▲
Trade debts44€32k€22k▼
Suppliers440/4€32k€22k▼
Taxes, remuneration and social security45€9k€903▼
Taxes450/3€9k€903▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€143€325▲
Gross operating margin9900€21k€26k▲
Operating profit (loss)9901€10k€15k▲
Financial income75/76B€812€27▼
Recurring financial income75€812€27▼
Financial charges65/66B€211€224▲
Recurring financial charges65€211€224▲
Profit (loss) for the period before taxes9903€10k€15k▲
Profit (loss) for the period9904€10k€15k▲
Profit (loss) for the period to be appropriated9905€10k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-27k▲
Profit (loss) brought forward from the previous period14P€-52k€-42k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €15k ▲44.7%
Operating result €15k, net result €15k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lierde · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ottergemstraat 509570 LierdeGround area
1,520 m²
Building footprint
236 m²
Volume, LiDAR
1,049 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARTENS JAN BVBA
since 19852.026.008.118
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45004B0519/00B003 | Flanders | 1,071 m² | 1 · 100 m² | 10.1 m · 2 fl. |
| 45004B0369/00T000 | Flanders | 449 m² | 1 · 136 m² | 3.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Geert De Visscher
BE 0439.733.959
Brakel · Eq €21k
CG ENTREPRISE
BE 0831.603.665
Anderlues · Eq €21k
LDS Dakwerken
BE 0683.727.957
Ledegem · Eq €21k
MIHAI BOUWWERKEN
BE 0738.553.446
Aalst · Eq €21k
ALP RENOVATION
BE 0797.854.197
Zaventem · Eq €21k
Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 1,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-1984
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.