MARTENS J-C
ActiveSummary
The computed 12-month bankruptcy probability of MARTENS J-C is 1.5% (moderate). The 2024 annual accounts show equity of €32k and a net result of €4k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 18941 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+8
Solvency100=
Growth55=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 6.47 against 3.16 in 2023; short-term debt: 11.4% and cash: 14.5% of total assets), and 11.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.6%
Return on assets
12.1%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €32k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d late
2022
5 d early
2021
10 d late
2020
30 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€134k▼ 7.1%
2023 · €144k
2021: €4k
2023: €144k
2021 → 2024
EBIT margin
2.5%▼ 0.8pp
2023 · 3.3%
2021: -266.9%
2023: 3.3%
2021 → 2024
Net result
€4k▲ 214%
2023 · €1k
2018: €13k
2019: €-23k
2020: €-17k
2021: €-10k
2022: €6k
2023: €1k
2018 → 2024
Working capital
€23k▲ 11.0%
2023 · €21k
2018: €69k
2019: €47k
2020: €30k
2021: €20k
2022: €21k
2023: €21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€4k€144k€134k▼ 7.1%
Equity€30k-€20k▼ 34.2%€26k▲ 31.9%€28k▲ 5.3%€32k▲ 15.9%
Operating result€-18k-€-10k▲ 44.3%€8k€5k▼ 37.4%€3k▼ 30.0%
Net result€-17k-€-10k▲ 37.9%€6k€1k▼ 77.9%€4k▲ 214%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€10k ▲ 29.4%
Current assets
€27k ▼ 10.3%
Equity and liabilities €36k
Equity
€32k ▲ 15.9%
Debt
€4k ▼ 56.2%
Debt's share of the balance-sheet total falls from 25.4% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2023 · €6k
Cash flow
€8k▲
2023 · €3k
Current ratio
6.47▲
2023 · 3.16
Debt to equity
0.13▼
2023 · 0.34
ROE
13.7%▲
2023 · 5.1%
ROA
12.1%▲
2023 · 3.8%
Interest coverage
9.94▼
2023 · 12.40
Debt ≤ 1 year
€4k▼
2023 · €10k
Income taxes
€-1k▼
2023 · €3k
Staff costs
€10k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€37k€36k▼
Formation expenses20€0€0=
Fixed assets21/28€7k€10k▲
Tangible fixed assets22/27€7k€9k▲
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€0€4k▲
Financial fixed assets28€337€337=
Current assets29/58€30k€27k▼
Amounts receivable within one year40/41€20k€21k▲
Trade receivables40€9k€10k▲
Other amounts receivable41€10k€11k▲
Cash at bank and in hand54/58€10k€5k▼
Deferred charges and accrued income490/1€640€265▼
Equity and liabilities
Total equity and liabilities10/49€37k€36k▼
Equity10/15€28k€32k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€7k€12k▲
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€10k€4k▼
Trade debts44€2k€555▼
Suppliers440/4€2k€555▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€0€0=
Income statement
Code20232024
Turnover70€144k€134k▼
Goods, raw materials, services and sundry goods60/61€131k€120k▼
Remuneration, social security and pensions62€7k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€191€372▲
Gross operating margin9900€13k€17k▲
Operating profit (loss)9901€5k€3k▼
Financial income75/76B€7€538▲
Recurring financial income75€7€538▲
Financial charges65/66B€509€740▲
Recurring financial charges65€509€740▲
Profit (loss) for the period before taxes9903€4k€3k▼
Income taxes67/77€3k€-1k▼
Profit (loss) for the period9904€1k€4k▲
Profit (loss) for the period to be appropriated9905€1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€12k▲
Profit (loss) brought forward from the previous period14P€6k€7k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.47
Current ratio from 3.16 to 6.47; short-term debt falls from €10k to €4k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €-23k ▼276%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 14.89
Current ratio from 6.36 to 14.89; short-term debt falls from €13k to €3k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Grez-Doiceau · 1 establishment unit since 2003
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.
Chavée Boulanger 181390 Grez-DoiceauGround area
1,247 m²
Building footprint
93 m²
Volume, LiDAR
563 m³
Parcel 25037C0146/00H000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARTENS J-C
since 20032.133.207.964
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037C0146/00H000 | Wallonia | 1,247 m² | 1 · 93 m² | 7.8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGrez-Doiceau2.133.207.964
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 1,969 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.