DENDOOVEN MARTIN
ActiveDENDOOVEN MARTIN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423k and a net result of €127k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 47% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+1
Solvency70▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 3.2 in 2024; short-term debt: 24.3% and cash: 19.8% of total assets), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.9%
Return on assets
13.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
44 d early
2023
9 d early
2022
27 d early
2021
28 d early
2020
34 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€423k▼ 1.1%
2024 · €428k
2019: €386k
2020: €406k
2021: €434k
2022: €449k
2023: €553k
2024: €428k
2019 → 2025
Total assets
€943k▲ 6.6%
2024 · €884k
2019: €1.02M
2020: €990k
2021: €994k
2022: €977k
2023: €1.09M
2024: €884k
2019 → 2025
Net result
€127k▲ 13.3%
2024 · €112k
2019: €13k
2020: €20k
2021: €28k
2022: €15k
2023: €104k
2024: €112k
2019 → 2025
Working capital
€275k▲ 6.6%
2024 · €258k
2019: €112k
2020: €162k
2021: €226k
2022: €276k
2023: €372k
2024: €258k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€434k-€449k▲ 3.5%€553k▲ 23.1%€428k▼ 22.5%€423k▼ 1.1%
Operating result€61k-€38k▼ 38.4%€166k▲ 341%€175k▲ 5.5%€198k▲ 13.2%
Net result€28k-€15k▼ 46.0%€104k▲ 590%€112k▲ 7.9%€127k▲ 13.3%
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 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €943k
Fixed assets
€438k▼ 13.8%
Current assets
€504k▲ 34.3%
Equity and liabilities €943k
Equity
€423k▼ 1.1%
Debt
€519k▲ 13.8%
The debt ratio rises from 51.6% to 55.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€269k▲
2024 · €245k
Cash flow
€197k▲
2024 · €182k
Solvency
44.9%▼
2024 · 48.4%
Current ratio
2.20▼
2024 · 3.20
Quick ratio
2.17▼
2024 · 3.13
Debt / equity
1.23▲
2024 · 1.07
ROE
30.0%▲
2024 · 26.2%
ROA
13.5%▲
2024 · 12.7%
Interest coverage
13.78▼
2024 · 14.46
Debt
€519k▲
2024 · €456k
Debt ≤ 1 year
€229k▲
2024 · €118k
Debt > 1 year
€290k▼
2024 · €337k
Income taxes
€60k▲
2024 · €53k
Staff costs
€49k▲
2024 · €47k
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€884k€943k▲
Fixed assets21/28€509k€438k▼
Tangible fixed assets22/27€509k€438k▼
Land and buildings22€464k€405k▼
Plant, machinery and equipment23€44k€33k▼
Furniture and vehicles24€1k€841▼
Current assets29/58€376k€504k▲
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€104k€64k▼
Trade receivables40€102k€61k▼
Other amounts receivable41€2k€3k▲
Current investments50/53-€246k
Cash at bank and in hand54/58€264k€187k▼
Equity and liabilities
Total equity and liabilities10/49€884k€943k▲
Equity10/15€428k€423k▼
Contributions10/11€12k€12k=
Outside capital11-€12k
Other1109/19-€12k
Reserves13€416k€411k▼
Distributable reserves133€416k€411k▼
Amounts payable17/49€456k€519k▲
Amounts payable after more than one year17€337k€290k▼
Financial debts170/4€337k€290k▼
Amounts payable within one year42/48€118k€229k▲
Current portion of amounts payable after more than one year42€45k€47k▲
Trade debts44€25k€14k▼
Suppliers440/4€25k€14k▼
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€8k€1k▼
Remuneration and social security454/9€10k€11k▲
Other amounts payable47/48€30k€156k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€47k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€70k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€338€153▼
Other operating charges640/8€10k€12k▲
Gross operating margin9900€303k€329k▲
Operating profit (loss)9901€175k€198k▲
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€17k€19k▲
Recurring financial charges65€17k€19k▲
Profit (loss) for the period before taxes9903€165k€187k▲
Income taxes67/77€53k€60k▲
Profit (loss) for the period9904€112k€127k▲
Profit (loss) for the period to be appropriated9905€112k€127k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€127k▲
Transfer from equity791/2-€132k
Transfer to equity691/2€112k€127k▲
To other reserves6921€112k€127k▲
Profit to be distributed694/7-€132k
Return on contributions (dividend)694-€132k
The notes to these accounts (9 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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €127k ▲13.3%
Operating result €198k, net result €127k, both a record.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €500kEq €553k ▲23.1%
5 profitable years in a row build equity to €553k.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Knokke-Heist · 1 establishment unit since 2006
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.
't Walletje 918300 Knokke-HeistGround area
2,409 m²
Building footprint
1,198 m²
Volume, LiDAR
9,650 m³
Parcel 31039F0126/00N002, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dendooven Martin
since 20062.158.090.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0126/00N002 | Flanders | 2,409 m² | 1 · 1,197 m² | 12.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,750 EUR awarded · 3,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,750 EUR | 3,750 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
THEO BOSMANS
BE 0477.363.427
Maaseik · Eq €423k
MARC KRICK
BE 0441.686.332
Laarne · Eq €424k
BOLS PAUL
BE 0472.301.809
Arendonk · Eq €424k
CORVERS-VRANCX
BE 0422.660.375
Laakdal · Eq €425k
DEJONCKHEERE DAKWERKEN
BE 0848.749.901
Pittem · Eq €425k
Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,030 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2006
Fiscal year end30-06
Activities, NACEBEL
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.