MARTENS PLASTICS
ActiveMARTENS PLASTICS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €16k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-7
Solvency100=
Growth69▲+1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.77 against 6.03 in 2024; short-term debt: 21% and cash: 11.4% of total assets), and 21% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← 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
79%
Return on assets
5%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
16 d early
2023
34 d early
2022
24 d early
2021
23 d late
2020
37 d early
2019
41 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€455k▲ 6.3%
2024 · €428k
2018: €318k
2019: €321k
2020: €293k
2021: €310k
2022: €347k
2023: €380k
2024: €428k
2018 → 2025
EBIT margin
9.9%▲ 5.1pp
2024 · 4.8%
2018: 7.7%
2019: 8.9%
2020: 7.1%
2021: 7.6%
2022: 7.9%
2023: 9.0%
2024: 4.8%
2018 → 2025
Net result
€16k▼ 26.6%
2024 · €21k
2018: €16k
2019: €18k
2020: €13k
2021: €13k
2022: €17k
2023: €19k
2024: €21k
2018 → 2025
Working capital
€246k▲ 6.8%
2024 · €230k
2018: €129k
2019: €147k
2020: €160k
2021: €175k
2022: €190k
2023: €209k
2024: €230k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€310k-€347k▲ 11.9%€380k▲ 9.5%€428k▲ 12.7%€455k▲ 6.3%
Equity€173k-€190k▲ 10.1%€209k▲ 10.0%€230k▲ 10.2%€246k▲ 6.8%
Operating result€24k-€28k▲ 16.6%€34k▲ 24.8%€21k▼ 39.6%€45k▲ 118%
Net result€13k-€17k▲ 33.0%€19k▲ 9.2%€21k▲ 12.7%€16k▼ 26.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €311k
Equity
€246k▲ 6.8%
Debt
€65k▲ 42.4%
The debt ratio rises from 16.6% to 21.0%. Equity and debt are higher.
Key figures and ratios
Solvency
79.0%▼
2024 · 83.4%
Current ratio
4.77▼
2024 · 6.03
Quick ratio
4.77▼
2024 · 6.03
Debt / equity
0.27▲
2024 · 0.20
ROE
6.4%▼
2024 · 9.3%
ROA
5.0%▼
2024 · 7.7%
Debt
€65k▲
2024 · €46k
Debt ≤ 1 year
€65k▲
2024 · €46k
Income taxes
€29k▲
2024 · €-966
Staff costs
€356k▲
2024 · €348k
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€276k€311k▲
Current assets29/58€276k€311k▲
Amounts receivable within one year40/41€249k€276k▲
Trade receivables40€244k€266k▲
Other amounts receivable41€6k€10k▲
Cash at bank and in hand54/58€27k€35k▲
Deferred charges and accrued income490/1-€8
Equity and liabilities
Total equity and liabilities10/49€276k€311k▲
Equity10/15€230k€246k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€155k€171k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€148k€164k▲
Amounts payable17/49€46k€65k▲
Amounts payable within one year42/48€46k€65k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€42k€58k▲
Taxes450/3€2k€21k▲
Remuneration and social security454/9€40k€38k▼
Income statement
Code20242025
Turnover70€428k€455k▲
Goods, raw materials, services and sundry goods60/61€70k€64k▼
Remuneration, social security and pensions62€348k€356k▲
Other operating charges640/8€521€120▼
Gross operating margin9900€369k€401k▲
Operating profit (loss)9901€21k€45k▲
Financial charges65/66B€324€305▼
Recurring financial charges65€324€305▼
Profit (loss) for the period before taxes9903€20k€45k▲
Income taxes67/77€-966€29k▲
Profit (loss) for the period9904€21k€16k▼
Profit (loss) for the period to be appropriated9905€21k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€16k▼
Transfer to equity691/2€21k€16k▼
To other reserves6921€21k€16k▼
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (1 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €21k ▲12.7%
Net result €21k, the highest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €209k ▲10%
6 profitable years in a row build equity to €209k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €13k ▼28.4%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €160k ▲8.7%
3 profitable years in a row build equity to €160k.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Mol · 1 establishment unit since 1997
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.
Berkebossenlaan 102400 MolGround area
6.4 ha
Building footprint
283 m²
Volume, LiDAR
899 m³
Parcel 13025G0694/00K000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MARTENS PLASTICS
since 19972.004.392.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0694/00K000 | Flanders | 6.4 ha | 1 · 283 m² | 5.2 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
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MERY CHASSIS
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CYBERCONSULT
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ORIGINAL SCRIPT
BE 0456.813.481
Ukkel · Eq €233k
Of 629 companies in sector 22240 we hold annual accounts for 360. 256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-07-1985
Fiscal year end31-12
Activities, NACEBEL
22240Manufacture of rubber and plastic products
25230
46842Wholesale trade
51542
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.