Equity
€73,759 ▼ 12.9%
MARTENS BART paid out €30,800 in dividends. That is 155% of the 2025 profit.
MARTENS BART
Lifetime
12 annual accounts with figures on one time axispeak €59,500 (2015)
€43,436▲ 21.2%
peak €41,398 (2015)
€19,892▲ 42.6%
peak €91,188 (2019)
€73,759▼ 12.9%
€25,148▲ 13.1%
Board1 name since 2014
1 directorMartens Bart
Owners2 names in the annual accounts
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €35,829 to €43,436Result from €13,954 to €19,892Dividend €30,800Equity from €84,668 to €73,759
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 69% of micro companies in wholesale trade (NACE 46)
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: 0.4% across 26,888 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: 0.1%● unchanged vs 08-2025highest value
10-2025: 0.1%● unchanged vs 09-2025highest value
11-2025: 0.1%● unchanged vs 10-2025highest value
12-2025: 0.1%● unchanged vs 11-2025highest value
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €98,907
lowers risk
Liquidity: current ratio 3.86, cash €34,172
Founded in 2014
Equity €73,759 (74.6% of total assets)
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 46, micro). It does better than 79% of them on solvency, 85% on liquidity, 87% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
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, 34,693 companies had the same profile as MARTENS BART has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MARTENS BART itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for MARTENS BART. 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 €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.86 (4.19 in 2024), above the usual 1.5. Short-term debt is 25.4% and cash 34.5% of total assets. 25.4% of the assets are financed with debt and provisions.
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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 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
2023
39 days early
2022
37 days early
2021
38 days early
2020
31 days early
2019
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Anne Marie Segersannual accounts 2019
- Bart Martensannual accounts 2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0550510533
Change of role: Martens Bart, from director, formerly manager to statutory director
Director discharge: Martens Bart · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 06-07-2022 · Gazette deed
Incorporation
published on 22-04-2014 · Gazette deed
First establishment
Martens Bart BVBA, Bauwerwaan 3, Lievegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARTENS BART Lievegem | - | - | 74.6% | - |
| AB FOOD Waterloo | - | - | 37.8% | - |
| V.C. FOOD SUPPLIES Lille | - | - | 46.6% | - |
| Terroir du Quercy Diepenbeek | - | - | 47.9% | - |
| Swat International Ghent | €1.6m | 3.0% | 74.6% | - |
| MOKE Namur | - | - | 35.1% | - |
| MES MARKET Anderlecht | €0.6m | -1.9% | 51.8% | - |
These companies have the same main activity as MARTENS BART: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €68,400 and €120,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 07-04-2014Normal situation
- Activity
- Agents in the wholesale of food, beverages and tobaccoNACE 46170and 1 other
- Establishment unit
- 2.229.584.9869930 Lievegem, since 07-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €98,907▼ 7.5%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on MARTENS BART
MARTENS BART files the micro format. That format states no turnover. The gross margin rose from €40,095 in 2014 to €43,436 in 2025.
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 MARTENS BART
- What is the company number of MARTENS BART?
- The company number of MARTENS BART is 0550.510.533. The VAT number is the same number with BE in front: BE 0550.510.533.
- Where is MARTENS BART based?
- The registered office is at Bauwerwaan 3, 9930 Lievegem.Company details
- What does MARTENS BART do?
- According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
- What is the legal form of MARTENS BART?
- MARTENS BART is a private limited company (BV).
- When was MARTENS BART founded?
- MARTENS BART was founded on 07-04-2014.
- Is MARTENS BART still active?
- Yes, MARTENS BART is an active enterprise in the KBO register.
- What is the turnover of MARTENS BART?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €43,436 and 38 comparable companies (NACE 461). It probably lies between €120,000 and €480,000.Financials
- Is MARTENS BART profitable?
- In financial year 2025, MARTENS BART made a profit of €19,892.
- Where can I find the annual accounts of MARTENS BART?
- MARTENS BART filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARTENS BART due?
- MARTENS BART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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