Financials
- Fiscal year
- 2024
- Turnover
- €53.6m
- Profit
- €1.8m
- Solvency
- 36.2%
Turnover▲ 5.7%
Net result
20182024
JOHN MARTIN
ActiveSummary
The computed 12-month bankruptcy probability of JOHN MARTIN is 1.6% (moderate). The 2024 annual accounts show equity of €19.5m and a net result of €1.8m. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 6131 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of beverages, general range
NACE 46349NACE 51340
#2 company by total assets in Rixensart, Wholesale and retail trade sector6 sites
Size
€53.6mturnover 2024
- Staff
- 41.3 FTE
- Equity
- €19.5m
- Profit
- €1.8m
Structure
- Parent
- HOLMAR · 98.15%
- Board
- 23 members
- Holdings
- 11
Auditor: BST Réviseurs d'EntreprisesAccounts 66 d overdue
Why 55Capped at 59: a confirmed filing finding- Figures for FY 2024 (filed 04-11-2025)- Liquidity: current ratio 1.33, cash €494,377- 1 financial year not filed after the legal deadline; latest accounts 95 days late; 3 of the last 3 late+ Founded in 1986Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 47% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency
61=
equity 36.2% of total assets
Liquidity
28+3
short-term debt 46.8% · cash 0.9%
Profitability
63+1
return on assets 3.4%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.6%▲ +30.2% vs 11-2024
01-2025: 3.0%▲ +90.1% vs 12-2024highest value
02-2025: 0.6%▼ -79.2% vs 01-2025
03-2025: 0.6%▼ -0.5% vs 02-2025
04-2025: 0.6%● 0.0% vs 03-2025
05-2025: 0.6%▲ +3.1% vs 04-2025
06-2025: 0.6%▲ +0.5% vs 05-2025
07-2025: 0.7%▲ +15.7% vs 06-2025
08-2025: 1.2%▲ +56.0% vs 07-2025
09-2025: 1.3%▲ +12.7% vs 08-2025
10-2025: 1.8%▲ +40.2% vs 09-2025
11-2025: 1.9%▲ +2.2% vs 10-2025
12-2025: 0.5%▼ -71.8% vs 11-2025
01-2026: 0.5%● 0.0% vs 12-2025
02-2026: 0.5%▼ -3.6% vs 01-2026lowest value
03-2026: 0.5%▲ +1.2% vs 02-2026
04-2026: 0.5%● 0.0% vs 03-2026
05-2026: 0.5%▲ +2.9% vs 04-2026
06-2026: 0.5%▲ +2.4% vs 05-2026
07-2026: 0.5%▼ -2.4% vs 06-2026
08-2026: 1.0%▲ +87.4% vs 07-2026
09-2026: 1.1%▲ +13.0% vs 08-2026
10-2026: 1.6%▲ +40.2% vs 09-2026
- Figures for FY 2024 (filed 04-11-2025) raises the probability
- Liquidity: current ratio 1.33, cash €494,377 raises the probability
- Founded in 1986 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 95 days late; 3 of the last 3 late raises the probability
Credit up to €1,050,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.33 against 1.25 in 2023; short-term debt: 46.8% and cash: 0.9% of total assets), and 63.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 42%, liquidity 27%, profitability 50%, growth against the median 68%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
95 d late
2023
160 d late
2022
109 d late
2021
22 d late
2020
24 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 68 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Resignation: Brouwerij Advies (director)Appointment: BrewVille (director) · Permanent…
- Annual accounts filedfiscal year 2023 · full…
Key points
- Positive: Company by total assets in Rixensart, Wholesale and…in the Checked rankings #2 View
- Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
- Positive: Result rose in 2024from €1.2m to €1.8m ▲ 52.7% View
- Controlled by HOLMARknown shareholders 98.15% 98.15% View
- Positive: 4 years of growth in a rowturnover 2024: €53.6m 4 years View
- EU supportawarded 2021 - 2025 €993,257 View
By topic
Board & ownership
- Board
- 23 members
- Parent
- HOLMAR · 98.15%
- Known shareholders
- 98.15%
- Auditor
- BST Réviseurs d'Entreprises
Go to Board & ownership
Network & group
- Subsidiaries
- 7
- Holdings
- 11
- Connected companies
- 3
11 holdings
Timeline
- Events
- 35
- Since
- 2005
- 03-11-2025Annual accounts filed
- 07-01-2025Resignation: Brouwerij Advies (director)
- 07-01-2025Annual accounts filed
Company details
- Sites
- 6
- Legal form
- Public limited company
- Activity
- Wholesale of beverages, general rangeNACE 46349
- Founded
- 11-07-1986
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- La vente de toutes boissons et denrées alimentaires... de s'intéresser, au moyen de prise…
Go further with this company
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