Ward Maertens is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €107k and a net result of €48k. Its solvency ranks better than 83% of 8018 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-12-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 d early
2024
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 81.7%
2024 · €59k
2024: €59k
2024 → 2025
Net result
€48k▲ 9.5%
2024 · €44k
2024: €44k
2024 → 2025
Total assets
€126k▲ 85.6%
2024 · €68k
2024: €68k
2024 → 2025
Solvency
85.4%▼ 1.9pp
2024 · 87.3%
2024: 87.3%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€59k-€107k▲ 81.7%
Operating result€57k-€63k▲ 11.6%
Net result€44k-€48k▲ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126k
Fixed assets
€793▼ 20.7%
Current assets
€125k▲ 87.7%
Equity and liabilities €126k
Equity
€107k▲ 81.7%
Debt
€18k▲ 113%
The debt ratio rises from 12.7% to 14.6%. Equity and debt are higher.
Key figures and ratios
Solvency
85.4%▼
2024 · 87.3%
ROE
45.0%▼
2024 · 74.6%
ROA
38.4%▼
2024 · 65.1%
Debt
€18k▲
2024 · €9k
Debt ≤ 1 year
€18k▲
2024 · €9k
Income taxes
€13k▲
2024 · €11k
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€68k€126k▲
Formation expenses20€175€0▼
Fixed assets21/28€1,000€793▼
Tangible fixed assets22/27€1,000€793▼
Furniture and vehicles24€1,000€793▼
Current assets29/58€66k€125k▲
Amounts receivable within one year40/41€507€26k▲
Trade receivables40-€23k
Other amounts receivable41€507€3k▲
Current investments50/53-€20k
Cash at bank and in hand54/58€64k€76k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€68k€126k▲
Equity10/15€59k€107k▲
Contributions10/11€15k€15k=
Reserves13€44k€92k▲
Distributable reserves133€44k€92k▲
Amounts payable17/49€9k€18k▲
Amounts payable within one year42/48€9k€18k▲
Financial debts43€516€4k▲
Credit institutions430/8€516€4k▲
Trade debts44€623€3k▲
Suppliers440/4€623€3k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€519€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€700€382▼
Other operating charges640/8€590€1k▲
Gross operating margin9900€58k€65k▲
Operating profit (loss)9901€57k€63k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€56k€61k▲
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€44k€48k▲
Profit (loss) for the period to be appropriated9905€44k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€48k▲
Transfer to equity691/2€44k€48k▲
To other reserves6921€44k€48k▲
The notes to these accounts (5 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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €100kEq €107k ▲81.7%
2 profitable years in a row build equity to €107k.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Merelbeke-Melle · 1 establishment unit since 2023
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.
Bergwegel 179820 Merelbeke-MelleGround area
1,103 m²
Building footprint
207 m²
Volume, LiDAR
1,053 m³
Parcel 44412B0343/00F000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ward Maertens
since 20232.349.626.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0343/00F000 | Flanders | 1,103 m² | 1 · 207 m² | 8.0 m · 2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 12,485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2023
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.