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MARTENS FIVE MANAGEMENT

Active Risk: very low
General partnershipfounded 2017active for 9 yearsRue Pierre Laurent,Mehaigne 2A, 5310 Eghezée, BelgiumKBO/BCE: BE 0671.966.708
Summary

MARTENS FIVE MANAGEMENT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €24,998 and a net result of €12,904. The computed 12-month bankruptcy probability is 0.1% (very low).

MARTENS FIVE MANAGEMENTActive

Financials · financial year 2019, full format

2020 annual accounts not yet filed, deadline passed on 31 January 2021 Financial year closed on 30 June 2020; filing due at the latest 7 months after the close (Companies Code art. 3:10). 6 financial years without a filing since the last one filed. Source: NBB filings, as of 17 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,904
Working capital
€32,938
Balance-sheet composition
Assets €49,281
Fixed assets €5,018
Current assets €44,263
Equity and liabilities €49,281
Equity €24,998
Debt €24,283
Debt finances 49.3% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€20,679
Cash flow
€14,508
Current ratio
3.91
ROE
51.6%
ROA
26.2%
Debt ≤ 1 year
€11,325
Income taxes
€4,375
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 22 lines
Balance sheet Code2019
Assets
Total assets20/58€49,281
Fixed assets21/28€5,018
Tangible fixed assets22/27€5,018
Current assets29/58€44,263
Amounts receivable within one year40/41€605
Cash at bank and in hand54/58€43,251
Equity and liabilities
Total equity and liabilities10/49€49,281
Equity10/15€24,998
Contributions10/11€500
Reserves13€50
Profit (loss) carried forward14€24,448
Amounts payable17/49€24,283
Amounts payable within one year42/48€11,325
Trade debts44€4,541
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,604
Gross operating margin9900€21,027
Operating profit (loss)9901€19,075
Recurring financial charges65€1,796
Profit (loss) for the period before taxes9903€17,279
Income taxes67/77€4,375
Profit (loss) for the period9904€12,904
Profit (loss) for the period to be appropriated9905€12,904
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,604
Gross operating margin9900€21,027
Operating profit (loss)9901€19,075
Recurring financial charges65€1,796
Profit (loss) for the period before taxes9903€17,279
Income taxes67/77€4,375
Profit (loss) for the period9904€12,904
Profit (loss) for the period to be appropriated9905€12,904
Line2019
Assets
Total assets20/58€49,281
Fixed assets21/28€5,018
Tangible fixed assets22/27€5,018
Current assets29/58€44,263
Amounts receivable within one year40/41€605
Cash at bank and in hand54/58€43,251
Equity and liabilities
Total equity and liabilities10/49€49,281
Equity10/15€24,998
Contributions10/11€500
Reserves13€50
Profit (loss) carried forward14€24,448
Amounts payable17/49€24,283
Amounts payable within one year42/48€11,325
Trade debts44€4,541
Line2019
Profit (loss) for the period9904€12,904
+ Depreciation and write-downs630€1,604
Operating cash flow (approximation)€14,508

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
30-06-2019 full format 31-01-2020 2020-03200023
30-06-2018 full format 24-01-2019 2019-02000506
30-06-2017 full format 20-12-2017 2017-72600536

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