Skip to content

MARTHAC

Active
Private limited companyfounded 20232 yrs activeGrand-Place(HSH) 3, 6120 Ham-sur-Heure-Nalinnes, BelgiumKBO/BCE: BE 1002.416.905
Summary

The computed 12-month bankruptcy probability of MARTHAC is 2.6% (moderate). The 2024 annual accounts show equity of €3,333 and a net result of €3,233. Its solvency ranks better than 27% of 26040 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability75
Solvency31
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.91; short-term debt: 94.5% and cash: 8.2% of total assets), and 94.5% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
5.5%
Return on assets
5.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 28-08-2026, 393 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 · 1 filing
Deviation from the deadline
2024
393 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 393 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 November 2023, MARTHAC was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€3,333
Total assets
€60,190
Net result
€3,233
Working capital
-€4,992

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €60,190
Fixed assets €8,325
Current assets €51,864
Equity and liabilities €60,190
Equity €3,333
Debt €56,857
Debt finances 94.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€8,157
Cash flow
€5,355
Current ratio
0.91
Quick ratio
0.14
Debt to equity
17.06
ROE
97.0%
ROA
5.4%
Interest coverage
16.29
Debt ≤ 1 year
€56,857
Income taxes
€2,301

Peer companies

Historical observation

Of the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.6% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,155 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€60,190
Fixed assets21/28€8,325
Tangible fixed assets22/27€5,325
Furniture and vehicles24€3,356
Other tangible fixed assets26€1,969
Financial fixed assets28€3,000
Current assets29/58€51,864
Stocks and contracts in progress3€43,951
Stocks30/36€43,951
Amounts receivable within one year40/41€2,886
Trade receivables40€2,886
Cash at bank and in hand54/58€4,926
Deferred charges and accrued income490/1€102
Equity and liabilities
Total equity and liabilities10/49€60,190
Equity10/15€3,333
Contributions10/11€100
Reserves13€3,000
Distributable reserves133€3,000
Profit (loss) carried forward14€233
Amounts payable17/49€56,857
Amounts payable within one year42/48€56,857
Trade debts44€16,761
Suppliers440/4€16,761
Advances received on contracts in progress46€2,100
Taxes, remuneration and social security45€4,729
Taxes450/3€4,729
Other amounts payable47/48€33,267
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,122
Other operating charges640/8€2,061
Gross operating margin9900€10,218
Operating profit (loss)9901€6,034
Financial charges65/66B€501
Recurring financial charges65€501
Profit (loss) for the period before taxes9903€5,534
Income taxes67/77€2,301
Profit (loss) for the period9904€3,233
Profit (loss) for the period to be appropriated9905€3,233
Appropriation of the result
Profit (loss) to be appropriated9906€3,233
Transfer to equity691/2€3,000
To other reserves6921€3,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,122
Other operating charges640/8€2,061
Gross operating margin9900€10,218
Operating profit (loss)9901€6,034
Financial charges65/66B€501
Recurring financial charges65€501
Profit (loss) for the period before taxes9903€5,534
Income taxes67/77€2,301
Profit (loss) for the period9904€3,233
Profit (loss) for the period to be appropriated9905€3,233
Line2024
Assets
Total assets20/58€60,190
Fixed assets21/28€8,325
Tangible fixed assets22/27€5,325
Furniture and vehicles24€3,356
Other tangible fixed assets26€1,969
Financial fixed assets28€3,000
Current assets29/58€51,864
Stocks and contracts in progress3€43,951
Stocks30/36€43,951
Amounts receivable within one year40/41€2,886
Trade receivables40€2,886
Cash at bank and in hand54/58€4,926
Deferred charges and accrued income490/1€102
Equity and liabilities
Total equity and liabilities10/49€60,190
Equity10/15€3,333
Contributions10/11€100
Reserves13€3,000
Distributable reserves133€3,000
Profit (loss) carried forward14€233
Amounts payable17/49€56,857
Amounts payable within one year42/48€56,857
Trade debts44€16,761
Suppliers440/4€16,761
Advances received on contracts in progress46€2,100
Taxes, remuneration and social security45€4,729
Taxes450/3€4,729
Other amounts payable47/48€33,267
Line2024
Profit (loss) for the period9904€3,233
+ Depreciation and write-downs630€2,122
Operating cash flow (approximation)€5,355

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 393 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
142 m²
Building footprint
92 m²
Parcel 56034C0047/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ham'bèrik
Grand-Place(HSH) 3, 6120 Ham-sur-Heure-NalinnesManufacture of medical and dental instruments and supplies
since 20232.354.714.095
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56034C0047/00B000 Wallonia 142 m² 1 · 92 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,733 companies in sector 47742 we hold annual accounts for 1,139. 238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Trade name FR SRL "MARTHAC"
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
32500Manufacture of medical and dental instruments and supplies
Contact
E-mail info@marthac.care
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002416905
Also 9925:BE1002416905
Registered 10-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.