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MARTENS CONSTRUCTIE EN ADVIES

Active
Private limited companyfounded 2002active for 24 yearsZandvoordeschorredijkstraat 287, 8400 Oostende, BelgiumKBO/BCE: BE 0478.076.178
Summary

MARTENS CONSTRUCTIE EN ADVIES has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €625,719 and a net result of €2,336. Equity has been shrinking by about 4.2% per year since 2019. Its solvency ranks better than 67% of 1,240 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-07-2002 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 4 others
Establishment unit
2.115.573.859 8400 Oostende, since 28-10-2002
Financial year end
31 May
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • ATELIER XYZDirector · since 19-02-2017 · permanent representative MARTENS Ruben
  • EMOZIONEDirector · since 19-02-2017 · permanent representative MARTENS Jan

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-05-2025
Gross margin
€362,892
▼ 9.0%
Turnover
≈ €860,000
estimated
Profit
€2,336
▼ 69.3%
Equity
€625,719
▲ 0.4%
Total assets
€1.0m
▼ 2.1%
Employees on 31-05-2025
5
=
Filed on 23-12-2025, 8 days before the deadline
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 2002Liquidity: current ratio 2.51, cash €143,265Equity €625,719 (60.2% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Average
Solvency 85+1
equity 60.2% of total assets
Liquidity 49-7
short-term debt 39.7% · cash 13.8%
Profitability 26-10
return on assets 0.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.1%▼ -0.1 percentage points 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 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 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%● unchanged vs 03-2026 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: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.51 (2.41 in 2024), above the usual 1.5. Short-term debt is 39.7% and cash 13.8% of total assets. 39.8% of the assets are financed with debt and provisions.
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 25, micro). It does better than 65% of them on solvency, 41% on liquidity, 14% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.51, cash €143,265
NBB · annual accounts
lowers risk · Equity €625,719 (60.2% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 23-12-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
6 days late
2023
9 days early
2022
11 days early
2021
9 days early
2020
29 days late
2019
30 days late
← 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 4 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-05-2026 is due by 31-12-2026. Nothing is late today. The company usually files around 22 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-05-2026 year end02-11-2026 today31-12-2026 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Changes of role: ATELIER XYZ (director) and EMOZIONE (director)Permanent representatives: MARTENS Ruben and MARTENS Jan
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MARTENS CONSTRUCTIE EN ADVIES: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €755,000 and €1.7m, founded between 1998 and 2006.

CompanyTotal assetsGross margin
MARTENS CONSTRUCTIE EN ADVIES Oostende€1.0m€0.4m
CLAESSENS INDUSTRIE SERVICES Kapellen€1.0m€0.4m
KENNEL- & METAALBOUW JANSSEN Hechtel-Eksel€1.1m€0.4m
OSTINOX Anzegem€0.8m€0.6m
KERCKHOF BERNARD Oostrozebeke€1.2m€0.6m
CALUFLEX SERVICES Menen€1.5m€0.6m
METAALCONSTRUCTIE LEURIDAN Wingene€1.7m€0.6m
Full comparison

Key facts about MARTENS CONSTRUCTIE EN ADVIES

What is the company number of MARTENS CONSTRUCTIE EN ADVIES?
The company number of MARTENS CONSTRUCTIE EN ADVIES is 0478.076.178. The VAT number is the same number with BE in front: BE 0478.076.178.
Where is MARTENS CONSTRUCTIE EN ADVIES based?
The registered office is at Zandvoordeschorredijkstraat 287, 8400 Oostende.Company details
What does MARTENS CONSTRUCTIE EN ADVIES do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of MARTENS CONSTRUCTIE EN ADVIES?
The legal form of MARTENS CONSTRUCTIE EN ADVIES is Private limited company (BV).
When was MARTENS CONSTRUCTIE EN ADVIES founded?
MARTENS CONSTRUCTIE EN ADVIES was founded on 25-07-2002.
Is MARTENS CONSTRUCTIE EN ADVIES still active?
Yes, MARTENS CONSTRUCTIE EN ADVIES is an active enterprise in the KBO register.
How many employees does MARTENS CONSTRUCTIE EN ADVIES have?
MARTENS CONSTRUCTIE EN ADVIES had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MARTENS CONSTRUCTIE EN ADVIES?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €362,892 and 2,283 comparable companies of the same size. It probably lies between €520,000 and €1.5m. It is a rough estimate.
Is MARTENS CONSTRUCTIE EN ADVIES profitable?
In financial year 2025, MARTENS CONSTRUCTIE EN ADVIES made a profit of €2,336.
Where can I find the annual accounts of MARTENS CONSTRUCTIE EN ADVIES?
MARTENS CONSTRUCTIE EN ADVIES filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARTENS CONSTRUCTIE EN ADVIES due?
MARTENS CONSTRUCTIE EN ADVIES must file the annual accounts for financial year 2026 by 31-12-2026.Timeline

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