MARTIN & WILLEMS
ActiveSummary
The computed 12-month bankruptcy probability of MARTIN & WILLEMS is 3.9% (moderate). The 2024 annual accounts show negative equity (-€20,381) and a net result of -€38,322. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 18% of 25,561 sector peers (NACE 47, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 24-04-2019 Normal situation
- Registered office
- 89 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Retail sale of household furniture NACE 47551and 4 others
- Joint committees
- 201 Independent retail
- 126 Furnishing and woodworking · annual accounts 2024
- Establishment unit
- 2.288.794.677 7973 Beloeil, since 24-04-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- €125,237
- ▲ 138%
- Turnover
- ≈ €710,000
- estimated
- Loss
- €38,322
- ▼ 47.8%
- Equity
- -€20,381
- Total assets
- €161,562
- ▼ 42.0%
- Employees on 31-12-2024
- 4
- =
- Negative equity on 31-12-2024
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 28-08-2025)Founded in 20191 financial year not filed after the legal deadline; last filed accounts filed 28 days latelowers riskSize: total assets €161,562Show the evidence
Checked score
About 4 in 100 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 47, micro). It does better than 15% of them on solvency, 52% on liquidity, 15% on profitability and 3% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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 6 accounts on average 19 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Change of role: Hamdou JOUHRA, from manager to director“Tout ce qui se rapporte à la vente et à l'achat de mobilier,meubles intérieur et extérieur,design…” (deed in French) · Director discharge: Hamdou JOUHRA (manager) · Legal-form conversion: from private limited company (pre-2019) to private limited company
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MARTIN & WILLEMS: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €152,000 and €224,000, founded between 2018 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| MARTIN & WILLEMS Tournai | €161,562 | €125,237 |
| NUITS VERTES Braives | €181,601 | €111,932 |
| ECO KITCHEN Florennes | €173,092 | €164,969 |
| MY HOME MEUBELS Ghent | €152,336 | €120,464 |
| FT DISTRIBUTION Brussels | €224,464 | €107,765 |
| 3Roots Lubbeek | €203,482 | €88,385 |
| GROUPE FACTORY Brussels | €180,687 | €84,904 |
Key facts about MARTIN & WILLEMS
- What is the company number of MARTIN & WILLEMS?
- The company number of MARTIN & WILLEMS is 0725.657.790. The VAT number is the same number with BE in front: BE 0725.657.790.
- Where is MARTIN & WILLEMS based?
- The registered office is at Chaussée de Lille 327, 7500 Tournai.Company details
- What does MARTIN & WILLEMS do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of MARTIN & WILLEMS?
- MARTIN & WILLEMS is a private limited company (BV).
- When was MARTIN & WILLEMS founded?
- MARTIN & WILLEMS was founded on 24-04-2019.
- Is MARTIN & WILLEMS still active?
- Yes, MARTIN & WILLEMS is an active enterprise in the KBO register.
- How many employees does MARTIN & WILLEMS have?
- MARTIN & WILLEMS had an average of 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does MARTIN & WILLEMS fall under?
- In its 2024 annual accounts, MARTIN & WILLEMS states joint committees 201 (Independent retail) and 126 (Furnishing and woodworking).
- What is the turnover of MARTIN & WILLEMS?
- The turnover in financial year 2024 is ≈ €710,000. This figure is estimated from the gross margin of €125,237 and 33 comparable companies (NACE 475). It probably lies between €540,000 and €1.1m.
- Is MARTIN & WILLEMS profitable?
- In financial year 2024, MARTIN & WILLEMS made a loss of €38,322.
- Where can I find the annual accounts of MARTIN & WILLEMS?
- MARTIN & WILLEMS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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