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MARTINUS

Active Private limited companyfounded 2013active for 13 yearsSteenbrugsestraat 19, 8210 ZedelgemKBO/BCE: BE 0536.524.519

Lifetime

12 annual accounts with figures on one time axis
peak €126,005 (2017)
€81,493▼ 1.0%
lowest -€62,397 (2015)
€9,165▲ 26.8%
peak -€10,787 (2014)
-€71,301▲ €9,165
€552,786▼ 12.6%
Board4 names since 2021
4 directors and 3 others
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Result from €7,230 to €9,165Cash from €50,257 to €27,262

Key points

from the 2025 annual accounts

Equity

-€71,301
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€552,786 115% of the balance sheet
Financial debts 84%Taxes and wages 1%Other 15%

Of this, €85,862 falls due within a year.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Eight of the last ten came late. The 2019 accounts came latest: 88 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 522 companies had the same profile as MARTINUS has now. Each dot stands for 2 companies, two years later.

93.7%
were still trading
1.7%
stopped another way
3.8%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.8% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 522 companies, not a prediction for MARTINUS. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
Director
Board & ownership

Recent changes

Capital increase of €450 to €900 Capital from €450 to €900 · Resignations: , and · Appointments: , , and · Gazette deed
Registered office moved from Oostkamp to Loppem New registered office: Steenbrugsestraat 19, 8210 Loppem · Previous registered office: Meulestee 42, 8020 Oostkamp · Gazette deed
First establishment seat at the time: 8020 Oostkamp
Incorporation published on 18-07-2013 · Gazette deed
All 20 events

Official details

Source: KBO
Status
Active since 02-07-2013Normal situation
Activity
“Alle vastgoedverrichtirigen: aankopen, verkoperı, huren, verhurerı, leasing, verzekeren, ruilen, verpachten en verkavelen, uitbaten, financieren…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
Establishment unit
2.232.333.7498210 Zedelgem, registered on 03-07-2013
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

≈ €240,000estimated
€481,485▼ 12.7%
Filing
Filed on 06-08-2026
Financials

Insights on MARTINUS

MARTINUS files the micro format. That format states no turnover. The gross margin rose from -€1,548 in 2014 to €81,493 in 2025.

The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.

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 MARTINUS

What is the company number of MARTINUS?
The company number of MARTINUS is 0536.524.519. The VAT number is the same number with BE in front: BE 0536.524.519.
Where is MARTINUS based?
The registered office is at Steenbrugsestraat 19, 8210 Zedelgem.Company details
What is the legal form of MARTINUS?
MARTINUS is a private limited company (BV).
When was MARTINUS founded?
MARTINUS was founded on 02-07-2013.
Is MARTINUS still active?
Yes, MARTINUS is an active enterprise in the KBO register.
What is the turnover of MARTINUS?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €81,493 and 2,982 comparable companies of the same size. It probably lies between €160,000 and €420,000. It is a rough estimate.Financials
Is MARTINUS profitable?
In financial year 2025, MARTINUS made a profit of €9,165.
Where can I find the annual accounts of MARTINUS?
MARTINUS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MARTINUS due?
MARTINUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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