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P. MARTENS

Active
Public limited companyfounded 199134 yrs activeMaastrichtersteenweg 32, 3680 Maaseik, BelgiumKBO/BCE: BE 0445.630.965
Summary

P. MARTENS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €207,131. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
How big
€1.1mtotal assets 2025
Staff
3.2 FTE
Equity
€1.0m
Profit
€207,131
Turnover not published (abridged schema)
Financially healthy?
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Accounts 31 d early0 of 3 deeds read
Why 93- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability92▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 9.54 against 10.78 in 2024; short-term debt: 9.8% and cash: 73.4% of total assets), and 9.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
90.2%
Return on assets
18.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 filings
Deviation from the deadline
2025
31 d early
2024
20 d early
2023
44 d early
2022
18 d early
2021
25 d early
2020
31 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2019net €207,131 ▲37.3%
  3. Equity above €1mEq €1.0m ▲19%

Key points

  • Positive: Among the best 6% on solvencysector median 44.2% · 8,593 companies 90.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €207,131 7 years View
  • Positive: Result rose in 2025from €150,860 to €207,131 ▲ 37.3% View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Profit
€207,131
Solvency
90.2%
Total assets▲ 20.8%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 31-12-2025Highest result since 2019
  3. 31-12-2025Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
31-10-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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