Financials
- Financial year
- 2023
- Total assets
- €150,234
- Profit
- €48,460
- Solvency
- -110.0%
Total assets▼ 5.6%
Net result
20182023
MART ESTATE
ActiveSummary
The computed 12-month bankruptcy probability of MART ESTATE is 9.1% (elevated). For MART ESTATE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€165,190) and a net result of €48,460. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 5% of 18,146 sector peers (NACE 68, financial year 2023). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Development of residential building projects
NACE 68121
1 site
Size
€150,234total assets 2023
- Equity
- -€165,190
- Profit
- €48,460
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 9.1%
2023 figures too old to score
Structure
Accounts 438 days overdue0 of 6 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 447 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 24-10-2025)Liquidity: current ratio 0.68, cash €86Two or more financial years not filedFiled more than 90 days latelowers riskSector: Real estate activities (NACE 68)Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
0=
equity -110.0% of total assets
Liquidity
0=
short-term debt 147.7% · cash 0.1%
Profitability
100+82
return on assets 32.3%
Bankruptcy probability, 12 months
9.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.5%lowest value
12-2024: 3.1%▲ +0.6 percentage points vs 11-2024
01-2025: 4.8%▲ +1.7 percentage points vs 12-2024
02-2025: 4.8%● unchanged vs 01-2025
03-2025: 5.0%▲ +0.2 percentage points vs 02-2025
04-2025: 4.5%▼ -0.5 percentage points vs 03-2025
05-2025: 4.5%● unchanged vs 04-2025
06-2025: 4.5%● unchanged vs 05-2025
07-2025: 4.5%● unchanged vs 06-2025
08-2025: 6.0%▲ +1.5 percentage points vs 07-2025
09-2025: 6.0%● unchanged vs 08-2025
10-2025: 6.7%▲ +0.7 percentage points vs 09-2025
11-2025: 4.4%▼ -2.3 percentage points vs 10-2025
12-2025: 5.1%▲ +0.7 percentage points vs 11-2025
01-2026: 7.5%▲ +2.4 percentage points vs 12-2025
02-2026: 7.5%● unchanged vs 01-2026
03-2026: 7.9%▲ +0.4 percentage points vs 02-2026
04-2026: 7.1%▼ -0.8 percentage points vs 03-2026
05-2026: 7.1%● unchanged vs 04-2026
06-2026: 7.1%● unchanged vs 05-2026
07-2026: 7.1%● unchanged vs 06-2026
08-2026: 9.1%▲ +2.0 percentage points vs 07-2026highest value
09-2026: 9.1%● unchanged vs 08-2026highest value
10-2026: 9.1%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2025, 447 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
447 days late
2022
31 days late
2021
79 days late
2020
87 days late
2019
123 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 153 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Back to profitnet €48,460
- Annual accounts filedfinancial year 2022 · micro…
Key points
- Risk: Accounts not fileddeadline was 31-07-2025 438 days late View
- Risk: Negative equityfinancial year 2023: debts exceed assets -€165,190 View
- Caution: Among the weakest 5% on solvencysector median 31.2% · 18,146 companies -110.0% View
- Positive: Back in profit in 2023after -€12,176 in 2022 €48,460 View
By topic
Timeline
- Events
- 21
- Since
- 2006
- 31-12-2022Weakest financial year
- 18-10-2022Annual accounts filed
- 26-10-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 15-07-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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