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MARTHE'S VINEYARD

Active
Private limited companyfounded 2004active for 22 yearsFazantendreef 1A, 3140 Keerbergen, BelgiumKBO/BCE: BE 0866.609.777

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MARTHE'S VINEYARD has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€486,916) and a net result of -€27,080. Equity has been shrinking by about 6.5% per year since 2018. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 22-07-2004 Normal situation
Activity
“De deelname onder welke vorm ook aan oprichting,omvorming en kartels van ondernemingen allerhande,alsmede het…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Establishment unit
2.139.177.325 3140 Keerbergen, since 15-09-2004
Financial year end
31 December
Peppol
Reachable since 31-03-2026

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€36,080
▼ 22.2%
Turnover
≈ €150,000
estimated
Loss
€27,080
▼ 1.2%
Equity
-€486,916
▼ 5.9%
Total assets
€850,234
▲ 0.3%
Filed on 24-08-2026, 24 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€486,916Founded in 2004Liquidity: current ratio 0.01, cash €13,694lowers riskSize: total assets €850,234Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -57.3% of total assets
Liquidity 2+2
short-term debt 152.5% · cash 1.6%
Profitability 22-1
return on assets -3.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.3 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.01 in 2024), below 1. Short-term debt is 152.5% and cash 1.6% of total assets. Equity is negative.
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 (no NACE code, micro). It does better than 5% of them on solvency, 5% on liquidity, 18% on profitability and 29% on growth.

The bankruptcy probability was computed on 31-10-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €850,234
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€486,916
NBB · annual accounts
raises risk · Founded in 2004
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.01, cash €13,694
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€486,916
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
57 days early
2023
7 days late
2022
55 days early
2021
26 days early
2020
6 days late
2019
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 12 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 5 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€486,916 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€27,080 View

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about MARTHE'S VINEYARD

What is the company number of MARTHE'S VINEYARD?
The company number of MARTHE'S VINEYARD is 0866.609.777. The VAT number is the same number with BE in front: BE 0866.609.777.
Where is MARTHE'S VINEYARD based?
The registered office is at Fazantendreef 1A, 3140 Keerbergen.Company details
What is the legal form of MARTHE'S VINEYARD?
The legal form of MARTHE'S VINEYARD is Private limited company (BV).
When was MARTHE'S VINEYARD founded?
MARTHE'S VINEYARD was founded on 22-07-2004.
Is MARTHE'S VINEYARD still active?
Yes, MARTHE'S VINEYARD is an active enterprise in the KBO register.
What is the turnover of MARTHE'S VINEYARD?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €36,080 and 2,949 comparable companies of the same size. It probably lies between €87,000 and €260,000. It is a rough estimate.Financials
Is MARTHE'S VINEYARD profitable?
In financial year 2025, MARTHE'S VINEYARD made a loss of €27,080.
Where can I find the annual accounts of MARTHE'S VINEYARD?
MARTHE'S VINEYARD filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MARTHE'S VINEYARD due?
MARTHE'S VINEYARD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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