Martens Maritime Waste
The computed 12-month bankruptcy probability of Martens Maritime Waste is 3.3% (moderate). The 2024 annual accounts show equity of €35k and a net result of €7k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 195 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €35k |
| Net result | €7k |
| Staff (FTE) | 1.3 |
| Better than sector | 93% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 82.0% | 28.2% | |
| Net result | €7k | €22k | |
| Equity | €35k | €176k | |
| Gross operating margin | €82k | €404k | |
| Staff costs | €71k | €364k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €11k |
| Net profit | €7k |
| Cash flow | €8k |
| Staff costs | €71k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €42k |
| Equity | €35k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €24k |
| Employees (FTE) | 1.3 |
| 2024 | |
|---|---|
| Current ratio | 4.08 |
| Quick ratio | 4.08 |
| Working capital ratio | 55.4% |
| Solvency | 82.0% |
| Debt / equity | 0.22 |
| Long-term debt ratio | - |
| Interest coverage | 11.90 |
| Gross margin | - |
| Net margin | - |
| ROA | 15.8% |
| ROE | 19.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €9k |
| Formation expenses | 20 | €2k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €31k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €35k |
| Contributions / capital | 10/11 | €13k |
| Accumulated profits (losses) | 14 | €22k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €912 |
| Income statement | ||
| Gross operating margin | 9900 | €82k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €906 |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
-
Emergentes Management B.V.Legal entityDirector· perm. rep.: Andreas Hans-Udo DrenthenState Gazette act 22037927 (22-03-2022)Current04-03-2022 → present
Former directors (2)
-
Joannes HoondertDirectorState Gazette act 22037927 (22-03-2022)Former- → 04-03-2022
-
Marcel HoondertDirectorState Gazette act 22037927 (22-03-2022)Former- → 04-03-2022
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 03-11-2021 |
| Status | Active |
| Postal code | 9050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
04-08-2026 General meeting · Auditor appointment · Permanent representative
- Publication: 04/08/2026 · MARTENS MARITIME WASTE
- Filing: 24/07/2026 · MARTENS MARITIME WASTE
- General meeting: 16/06/2026 · MARTENS MARITIME WASTE
- Auditor appointment: role: commissaris, term: tot de algemene vergadering van het jaar 2029, scope: controle over drie boekjaren, namelijk van boekjaar 2026 tot boekjaar 2028, start_date: 16/06/2026 · GRANT THORNTON BEDRIJFSREVISOREN BV
- Permanent representative · Stefaan DE CONINCK
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}13-02-2025 GRANT THORNTON BEDRIJFSREVISOREN BV appointed as statutory auditor
- GRANT THORNTON BEDRIJFSREVISOREN BV, Commissaris
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}22-03-2022 1 director appointed, 2 resigning
- Andreas Hans-Udo Drenthen, Bestuurder
- Joannes Hoondert, Bestuurder
- Marcel Hoondert, Bestuurder
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}| Legal nameNL | Martens Maritime Waste |