MARTHICARS
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
The file of MARTHICARS contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show equity of €118,679 and a net result of €156,035, of which €183,978 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 19% of 889 sector peers (NACE 52, financial year 2025).
Overview
Official details
KBO- Status
- Active since 11-10-2006 Normal situation
- Activity
- Service activities incidental to land transportation NACE 52210and 4 others
- Establishment unit
- 2.159.835.355 7110 La Louvière, since 11-10-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 11-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 10.0%
- Gross margin
- €532,461
- ▲ 10.9%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €156,035
- Equity
- €118,679
- Total assets
- €1.4m
- ▼ 0.9%
- Staff
- 4.3 FTE
- ▼ 44.2%
Score breakdownraises riskReorganisation plan being carried out (approved, Gazette 30-04-2025)Equity €118,679 (8.7% of total assets)Last filed accounts filed 28 days late; 1 of the last 3 accounts latelowers riskFounded in 2006Show the evidence
Checked score
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 22% of them on solvency, 30% on liquidity, 77% on profitability and 98% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as MARTHICARS: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €1.2m and €2m, founded between 1997 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| MARTHICARS La Louvière | €1.4m | €0.5m |
| DACHSER BELGIUM FOOD LOGISTICS Willebroek | €1.6m | €0.7m |
| DEPANNAGE LOUETTE Tournai | €2.0m | €0.8m |
| HERVOTRANS Kalmthout | €1.8m | €0.7m |
| AUTOBANDEN JOH Tongeren-Borgloon | €2.0m | €0.8m |
| Gar. Dep. Vermeulen Kurt Gavere | €1.2m | €0.4m |
| Takeldienst Devriese Kortrijk | €1.7m | €0.6m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-08-2026
- Annual accounts 2024filed on 30-09-2025
- Annual accounts 2023filed on 11-07-2024
- Annual accounts 2022filed on 08-07-2023
Acts in the Belgian Official Gazette
- Purpose · Amendment of the articles · Miscellaneousact of 08-10-2026
- Resignations & appointmentsact of 28-04-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MARTHICARS
- What is the company number of MARTHICARS?
- The company number of MARTHICARS is 0884.163.512. The VAT number is the same number with BE in front: BE 0884.163.512.
- Where is MARTHICARS based?
- The registered office is at Boulevard de la Technicité(H-G) 24, 7110 La Louvière.Company details
- What does MARTHICARS do?
- According to the KBO register, the main activity is service activities incidental to land transportation (NACE 52210).
- What is the legal form of MARTHICARS?
- The legal form of MARTHICARS is Private limited company (BV).
- When was MARTHICARS founded?
- MARTHICARS was founded on 11-10-2006.
- Is MARTHICARS still active?
- Yes, MARTHICARS is an active enterprise in the KBO register.
- How many employees does MARTHICARS have?
- MARTHICARS had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MARTHICARS?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €532,461 and 2,285 comparable companies of the same size. It probably lies between €760,000 and €2.1m. It is a rough estimate. In financial year 2021 turnover was €1.2m.
- Is MARTHICARS profitable?
- In financial year 2025, MARTHICARS made a profit of €156,035.
- Where can I find the annual accounts of MARTHICARS?
- MARTHICARS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of MARTHICARS due?
- MARTHICARS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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