Equity
€144,619 from €295,847 in 2019
Equity fell by 51% in 6 years.
MARTIMA
Lifetime
13 annual accounts with figures on one time axispeak €124,375 (2019)
-€9,158▼ €2,113
lowest -€32,964 (2017)
-€30,282▼ €2,350
peak €295,847 (2019)
€144,619▼ 17.3%
€2.0m▲ 0.2%
Board5 names since 2018
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
08-06-202653 days before the deadline
2025financial year
Gross margin from -€7,045 to -€9,158Loss of €30,282Equity from €174,901 to €144,619Cash from €46,775 to €82,612
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 910 companies had the same profile as MARTIMA has now. Each dot stands for 3 companies, two years later.
95.2%
were still trading
2.2%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 910 companies, not a prediction for MARTIMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 100%score equity €2.1m (2025) · 2025 annual accounts of
Recent changes
3 directors resigning
, and · Director discharge: · Director discharge: · General meeting of 30-09-2023 · Gazette deed
Purpose change · Amendment of the articles · Resignations & appointments
Appointment: (director) · Reappointments: , , and · Permanent representatives: and · General meeting of 06-03-2023 · Gazette deed
Merger: MARTIMA takes over CRE-Concept
The company holds all the shares of CRE-Concept · Director discharge: · General meeting of 08-11-2019 · Gazette deed
Merger proposal: MARTIMA takes over CRE CONCEPT
Permanent representative: · The company holds all the shares of CRE CONCEPT · Gazette deed
Official details
Source: KBO- Status
- Active since 09-03-2012Normal situation
- Activity
- “Énonciative et non limitative,interprétation la plus large” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.207.763.2534000 Liège, since 09-03-2012
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €2.1m▼ 1.2%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on MARTIMA
MARTIMA has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,619 and a net result of -€30,282.
Equity has been shrinking by about 11% per year since 2018.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARTIMA
- What is the company number of MARTIMA?
- The company number of MARTIMA is 0844.297.007. The VAT number is the same number with BE in front: BE 0844.297.007.
- Where is MARTIMA based?
- The registered office is at Rue André-Delchef 4, 4000 Liège.Company details
- What is the legal form of MARTIMA?
- MARTIMA is a public limited company (NV).
- When was MARTIMA founded?
- MARTIMA was founded on 09-03-2012.
- Is MARTIMA still active?
- Yes, MARTIMA is an active enterprise in the KBO register.
- What is the turnover of MARTIMA?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is MARTIMA profitable?
- In financial year 2025, MARTIMA made a loss of €30,282.
- Where can I find the annual accounts of MARTIMA?
- MARTIMA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARTIMA due?
- MARTIMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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