Result
€13,440 ▼ 93.0%
The result fell in 2026 from €192,193 to €13,440.
MAERTENS
Lifetime
2 annual accounts with figures on one time axispeak €328,631 (2025)
€177,278▼ 46.1%
peak €192,193 (2025)
€13,440▼ 93.0%
peak €340,730 (2026)
€340,730▲ 7.6%
€948,685▼ 19.8%
peak 0 FTE (2025)
0 FTE
Board2 names since 2023
2 directorsMAERTENS Bernard Luc Martin and 1 other
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from €328,631 to €177,278Result from €192,193 to €13,440Debts from €1.2m to €948,685
Key points
from the 2026 annual accountsChecked score
93
Excellent
Financially stronger than 46% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025highest value
08-2025: 0.7%● unchanged vs 07-2025highest value
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.1%▼ -0.6 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
lowers risk
Size: total assets €1.3m
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Figures for financial year 2026 (filed on 04-11-2026)
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 01, micro). It does better than 41% of them on solvency, 41% on liquidity, 46% on profitability and 55% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 896 companies had the same profile as MAERTENS has now. Each dot stands for 3 companies, two years later.
98.1%
were still trading
0.7%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAERTENS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 896 companies, not a prediction for MAERTENS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.57 in 2025), below 1. Short-term debt is 31.7% and cash 6.1% of total assets. 73.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
1 day early
2025
2 days early
← before the deadline
after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- MAERTENS Guido Henri Jules 75 sharesdeed of 17-12-2024
- DEMOLDER Godelieve-Lucia-Maria 75 sharesdeed of 17-12-2024
Recent changes
Appointment: Declercq Sarah (director)
General meeting of 31-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803033801
Capital increase of €98,348.25 to €124,348.25
Capital from €26,000 to €124,348.25, 75 new shares · Contributions: MAERTENS Guido Henri Jules (€98,348.25, 75 shares); DEMOLDER Godelieve-Lucia-Maria (€98,348.25, 75 shares) · General meeting of 11-12-2024 · Gazette deed
Incorporation
Founders: MAERTENS Bernard Luc Martin and DECLERCQ Sarah Ludwine Emmanuel · 260 shares · Appointment: MAERTENS Bernard Luc Martin (director) · published on 26-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAERTENS Koekelare | €1.3m | €177,278 | 26.4% | 0 |
| Stragier Bart Menen | €1.3m | €175,727 | 8.9% | 0.1 |
| Cosven Lier | €1.9m | €281,867 | 31.4% | 0.7 |
| ALLIANCE CRB Tournai | €1.6m | €118,175 | -9.5% | - |
| Devo-Plant Jabbeke | €1.4m | €342,398 | 0.5% | - |
| Taillieu - Hostens Hooglede | €0.6m | €328,687 | 0.2% | 2 |
| DENOVAN Moorslede | €0.5m | €118,102 | 80.1% | - |
These companies have the same main activity as MAERTENS: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €504,000 and €1.9m, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 22-06-2023Normal situation
- Activity
- Growing of vegetables, melons, roots and tubersNACE 01130and 5 others
- Establishment unit
- 2.346.299.8418680 Koekelare, since 22-06-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 18-12-2024
Annual accounts to 31-03-2026
- €1.3m▼ 14.0%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on MAERTENS
MAERTENS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €340,730 and a net result of €13,440.
Its solvency ranks better than 28% of 167 sector peers (NACE 01, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAERTENS
- What is the company number of MAERTENS?
- The company number of MAERTENS is 0803.033.801. The VAT number is the same number with BE in front: BE 0803.033.801.
- Where is MAERTENS based?
- The registered office is at Burgemeester Van Ackerestraat 14, 8680 Koekelare.Company details
- What does MAERTENS do?
- According to the KBO register, the main activity is growing of vegetables, melons, roots and tubers (NACE 01130).
- What is the legal form of MAERTENS?
- MAERTENS is a private limited company (BV).
- When was MAERTENS founded?
- MAERTENS was founded on 22-06-2023.
- Is MAERTENS still active?
- Yes, MAERTENS is an active enterprise in the KBO register.
- What is the turnover of MAERTENS?
- The turnover in financial year 2026 is ≈ €470,000. This figure is estimated from the gross margin of €177,278 and 44 comparable companies (NACE 01). It probably lies between €320,000 and €720,000.Financials
- Is MAERTENS profitable?
- In financial year 2026, MAERTENS made a profit of €13,440.
- Where can I find the annual accounts of MAERTENS?
- MAERTENS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of MAERTENS due?
- MAERTENS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.