MARTENS FILIP
ActiveMARTENS FILIP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €446k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 2324 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency42▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.84 in 2024; short-term debt: 42.2% and cash: 21.4% of total assets), and 83% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
17%
Return on assets
33.5%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2324 sector peers (2025).
NBB · sector comparisonPosition among 2324 sector peers
Solvency
better than 18%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
3 d early
2021
2 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€226k▼ 44.8%
2024 · €410k
2018: €145k
2019: €196k
2020: €253k
2021: €380k
2022: €495k
2023: €520k
2024: €410k
2018 → 2025
Total assets
€1.33M▼ 15.6%
2024 · €1.58M
2018: €162k
2019: €212k
2020: €479k
2021: €797k
2022: €1.27M
2023: €1.56M
2024: €1.58M
2018 → 2025
Net result
€446k▲ 18.8%
2024 · €375k
2018: €40k
2019: €51k
2020: €57k
2021: €127k
2022: €206k
2023: €309k
2024: €375k
2018 → 2025
Working capital
€-269k▼ 196%
2024 · €-91k
2018: €138k
2019: €160k
2020: €101k
2021: €213k
2022: €-40k
2023: €-3k
2024: €-91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€380k-€495k▲ 30.3%€520k▲ 5.0%€410k▼ 21.1%€226k▼ 44.8%
Operating result€185k-€241k▲ 30.6%€413k▲ 71.3%€500k▲ 21.0%€600k▲ 20.0%
Net result€127k-€206k▲ 61.6%€309k▲ 50.2%€375k▲ 21.5%€446k▲ 18.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€1.04M▼ 5.3%
Current assets
€293k▼ 39.1%
Equity and liabilities €1.33M
Equity
€226k▼ 44.8%
Debt
€1.10M▼ 5.3%
The debt ratio rises from 74.0% to 83.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€699k▲
2024 · €595k
Cash flow
€545k▲
2024 · €470k
Solvency
17.0%▼
2024 · 26.0%
Current ratio
0.52▼
2024 · 0.84
Quick ratio
0.52▼
2024 · 0.84
Debt / equity
4.88▲
2024 · 2.84
ROE
197.2%▲
2024 · 91.5%
ROA
33.5%▲
2024 · 23.8%
Interest coverage
72.30▲
2024 · 57.31
Debt
€1.10M▼
2024 · €1.17M
Debt ≤ 1 year
€561k▼
2024 · €572k
Debt > 1 year
€542k▼
2024 · €594k
Income taxes
€145k▲
2024 · €121k
Staff costs
€106k▲
2024 · €68k
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€1.58M€1.33M▼
Fixed assets21/28€1.09M€1.04M▼
Tangible fixed assets22/27€1.09M€1.04M▼
Land and buildings22€857k€836k▼
Plant, machinery and equipment23€147k€123k▼
Furniture and vehicles24€52k€47k▼
Leasing and similar rights25€38k€31k▼
Current assets29/58€481k€293k▼
Amounts receivable within one year40/41€9k€5k▼
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€468k€285k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.33M▼
Equity10/15€410k€226k▼
Contributions10/11€19k€19k=
Reserves13€391k€207k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€389k€206k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.17M€1.10M▼
Amounts payable after more than one year17€594k€542k▼
Financial debts170/4€594k€542k▼
Amounts payable within one year42/48€572k€561k▼
Current portion of amounts payable after more than one year42€51k€52k▲
Financial debts43€15k€23k▲
Credit institutions430/8€15k€23k▲
Trade debts44€27k€33k▲
Suppliers440/4€27k€33k▲
Taxes, remuneration and social security45€81k€83k▲
Taxes450/3€70k€55k▼
Remuneration and social security454/9€12k€28k▲
Other amounts payable47/48€397k€371k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€68k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€99k▲
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€666k€811k▲
Operating profit (loss)9901€500k€600k▲
Financial income75/76B€7k€42▼
Recurring financial income75€7k€42▼
Financial charges65/66B€10k€10k▼
Recurring financial charges65€10k€10k▼
Profit (loss) for the period before taxes9903€496k€591k▲
Income taxes67/77€121k€145k▲
Profit (loss) for the period9904€375k€446k▲
Profit (loss) for the period to be appropriated9905€375k€446k▲
Appropriation of the result
Profit (loss) to be appropriated9906€434k€446k▲
Profit (loss) brought forward from the previous period14P€59k€0▼
Transfer from equity791/2€51k€184k▲
Profit to be distributed694/7€485k€630k▲
Return on contributions (dividend)694€485k€630k▲
Social balance
Average headcount (FTE)90871.51.8▲
The notes to these accounts (14 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €446k ▲18.8%
Operating result €600k, net result €446k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €520k ▲5%
6 profitable years in a row build equity to €520k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €253k ▲28.9%
3 profitable years in a row build equity to €253k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €196k ▲35.3%
2 profitable years in a row build equity to €196k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waasmunster · 1 establishment unit since 2021
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.
Stationsstraat 989250 WaasmunsterGround area
364 m²
Building footprint
140 m²
Volume, LiDAR
709 m³
Parcel 42342C1656/00V002, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tandartspraktijk Waasmunster
since 20212.325.137.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C1656/00V002 | Flanders | 364 m² | 1 · 140 m² | 11.2 m · 1 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.
Similar companies · same sector, comparable size
Tandarts Anne-Marie Nieuwlandt
BE 0647.560.419
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Tandarts M. Nadjmi
BE 0761.759.410
Antwerpen · Eq €226k
Tandartspraktijk Leihoek
BE 0795.131.170
Zulte · Eq €226k
Dentalsense
BE 0785.972.489
Zoersel · Eq €226k
TANDZORG PLUS
BE 0804.510.179
Geel · Eq €226k
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2014
Fiscal year end31-12
Activities, NACEBEL
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.