MAERTENS
ActiveSummary
MAERTENS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316,541 and a net result of €192,193. Its solvency ranks better than 24% of 1755 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes
Profitability85
Solvency46
Growth-
Track record79
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.57; short-term debt: 34% and cash: 6.3% of total assets), and 78.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
21.1%
Return on assets
12.8%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1755 sector peers (2025).
NBB · sector comparisonPosition among 1755 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€316,541
Total assets
€1.5m
Net result
€192,193
Working capital
-€218,462
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €1.5m
Fixed assets
€1.2m
Current assets
€291,412
Equity and liabilities €1.5m
Equity
€316,541
Debt
€1.2m
Debt finances 78.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€327,011
Cash flow
€259,882
Current ratio
0.57
Quick ratio
0.46
Debt to equity
3.74
ROE
60.7%
ROA
12.8%
Interest coverage
10.68
Debt ≤ 1 year
€509,874
Debt > 1 year
€672,798
Income taxes
€39,064
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67,689 |
| Other operating charges640/8 | €1,620 |
| Gross operating margin9900 | €328,631 |
| Operating profit (loss)9901 | €259,322 |
| Financial income75/76B | €2,543 |
| Recurring financial income75 | €2,543 |
| Financial charges65/66B | €30,608 |
| Recurring financial charges65 | €30,608 |
| Profit (loss) for the period before taxes9903 | €231,257 |
| Income taxes67/77 | €39,064 |
| Profit (loss) for the period9904 | €192,193 |
| Profit (loss) for the period to be appropriated9905 | €192,193 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.5m | |
| Fixed assets21/28 | €1.2m | |
| Tangible fixed assets22/27 | €1.2m | |
| Land and buildings22 | €696,091 | |
| Plant, machinery and equipment23 | €142,510 | |
| Furniture and vehicles24 | €369,200 | |
| Current assets29/58 | €291,412 | |
| Stocks and contracts in progress3 | €56,645 | |
| Stocks30/36 | €56,645 | |
| Amounts receivable within one year40/41 | €136,769 | |
| Trade receivables40 | €34,421 | |
| Other amounts receivable41 | €102,348 | |
| Cash at bank and in hand54/58 | €94,319 | |
| Deferred charges and accrued income490/1 | €3,679 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.5m | |
| Equity10/15 | €316,541 | |
| Contributions10/11 | €124,348 | |
| Reserves13 | €192,193 | |
| Distributable reserves133 | €192,193 | |
| Amounts payable17/49 | €1.2m | |
| Amounts payable after more than one year17 | €672,798 | |
| Financial debts170/4 | €672,798 | |
| Amounts payable within one year42/48 | €509,874 | |
| Current portion of amounts payable after more than one year42 | €156,282 | |
| Trade debts44 | €141,263 | |
| Suppliers440/4 | €141,263 | |
| Taxes, remuneration and social security45 | €15,495 | |
| Taxes450/3 | €15,495 | |
| Other amounts payable47/48 | €196,834 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €192,193 |
| + Depreciation and write-downs630 | €67,689 |
| Operating cash flow (approximation) | €259,882 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Koekelare · 1 establishment unit since 2023
Ground area
8,924 m²
Building footprint
1,202 m²
Parcel 32002B0739/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
MAERTENS
since 20232.346.299.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002B0739/00E000 | Flanders | 8,924 m² | 1 · 1,202 m² | - |
Linked by address, not proof of ownership
Good to know
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 · 9,674 EUR awarded · 9,674 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 9,674 EUR | 9,674 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoekelare2.346.299.841
Similar companies · same sector, comparable size
STALPOM
BE 0444.950.381
Frasnes-lez-Anvaing · Eq €315,793
AGRISERT
BE 0871.031.888
Gerpinnes · Eq €318,581
KLUISBERG
BE 0462.566.175
Bekkevoort · Eq €319,008
T.F.F.
BE 0825.293.321
Sint-Truiden · Eq €320,003
DE PRINS
BE 0442.552.107
Mechelen · Eq €310,933
Of 3,623 companies in sector 01130 we hold annual accounts for 789. 595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2023
Fiscal year end31-03
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01110Growing of cereals (except rice), leguminous crops and oil seeds
01610Support activities for crop production
35110Production of electricity from non-renewable sources
77310Rental and leasing activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.