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Complete company report
Generated 12-08-2026
Active BE 0665.936.078Private limited companyOpen bankruptcy

MARTRANS

· 9 yrs active
Sector: Goederenvervoer over de weg (49410)
Conclusion Checked

A bankruptcy procedure is open for MARTRANS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €9k and a net result of €227.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €9k
Net result €227
Better than sector 72%
Active 9 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health18Profitability16Solvency86Growth22Stability0
28 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 18
Profitability 16
Solvency 86
Growth 22
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 1 events
Address struck
Health barometer FY 2023 · computed
18 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 29-09-2023 with the NBB · fiscal year 2023 · micro
€-100k€0€100k€200kRevenue 2019: €203k€203kOperating result 2019: €6k€6kNet result 2019: €5k€5kRevenue 2020: €129k€129kOperating result 2020: €-3k€-3kNet result 2020: €2k€2kRevenue 2021: €68k€68kOperating result 2021: €130€130Net result 2021: €1k€1kRevenue 2022: €72k€72kOperating result 2022: €-61€-61Net result 2022: €-721€-721Revenue 2023: €64k€64kOperating result 2023: €1k€1kNet result 2023: €227€22720192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 50.4% 28.5%
better than 72% of 1816 sector peers
Net result €227 €4k
better than 36% of 1794 sector peers
Equity €9k €16k
better than 38% of 1827 sector peers
Gross operating margin €2k €25k
better than 18% of 1782 sector peers
Total assets €18k €64k
better than 18% of 1818 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€64k
-10.3% 19-23
EBITDA
€1k
+335.3% 19-23
Net profit
€227
- 19-23
Cash flow
€316
-79.9% 19-23
Total assets
€18k
+33.8% 19-23
Equity
€9k
+2.6% 19-23
Working capital
€5k
-38.6% 19-23
Employees (FTE)
1
+57.1% 19-23
Staff costs
€729
- 19-23
Income taxes
€97
+41.2% 19-23
Debt
€9k
+93.6% 19-23
Debt ≤ 1y
€9k
+93.6% 19-23
Debt > 1y
€4k
- 19-23
Current ratio
1.59
-44.5% 19-23
Quick ratio
1.59
-44.5% 19-23
Solvency
50.4%
-23.3% 19-23
Debt / equity
0.98
+88.7% 19-23
ROE
2.5%
- 19-23
ROA
1.3%
- 19-23
Net margin
0.4%
- 19-23
EBITDA margin
1.9%
+358.9% 19-23
Interest coverage
1.30
- 19-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€64k
EBITDA€1k
Net profit€227
Cash flow€316
Staff costs-
Income taxes€97
Dividends-
Total assets€18k
Equity€9k
Debt€9k
of which ≤ 1y€9k
of which > 1y-
Working capital€5k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.59
Quick ratio1.59
Working capital ratio29.3%
Solvency50.4%
Debt / equity0.98
Long-term debt ratio-
Interest coverage1.30
Gross margin2.4%
Net margin0.4%
ROA1.3%
ROE2.5%
EBITDA margin1.9%
Days sales outstanding60d
Days payable outstanding4d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€18k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€250
Current assets 29/58€14k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€18k
Equity 10/15€9k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€930
Amounts payable 17/49€9k
Amounts payable within one year 42/48€9k
Trade debts payable within one year 44€652
Income statement
Turnover 70€64k
Gross operating margin 9900€2k
Operating result 9901€1k
Financial income 75€135
Financial charges 65€931
Result before taxes 9903€323
Income taxes 67/77€97
Net result for the period 9904€227
Result to be appropriated 9905€227
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Pacuraru Marian
    Director
    State Gazette act 24174337 (11-12-2024)
    Current
    01-08-2024 → present
Former directors (2)
  • Fluture Gabriel-Adrian
    Director
    State Gazette act 24174337 (11-12-2024)
    Former
    - → 01-08-2024
  • Piirianu lulian
    Director
    State Gazette act 24174337 (11-12-2024)
    Former
    - → 01-08-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator FRANCOIS LE GENTIL DE ROSMORDUC
AVENUE LOUISE 349/17, 1050 IXELLES
 02-06-2025 → present Belgian State Gazette
Legal Structure
NACE primary Goederenvervoer over de weg(49410)
Legal form Private limited company(610)
Incorporation14-11-2016
StatusActive
Postal code-
First BS signal 10-06-2025
Latest BS signal 10-06-2025
Establishment units 1 location
MARTRANS
Louizalaan 54, 1050 ElseneOverig personenvervoer te land, neg
since 20162.258.370.727
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0001/00L000 Brussels 1,625 m² 1 · 1,286 m² 33.9 m · 9 fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
10-06-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MARTRANS CHAUSSEE D’ALSEM- BERG 842, 1180 UCCLE · event 02-06-2025
07-01-2025
KBO administration Address struck
2024
11-12-2024
State Gazette act Director changes
02-08-2024
State Gazette act Capital & shares
2023
29-09-2023
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
28-10-2022
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
22-10-2021
NBB filing Annual accounts filed
fiscal year 2021 · micro
2020
23-10-2020
NBB filing Annual accounts filed
fiscal year 2020 · micro
2019
27-09-2019
NBB filing Annual accounts filed
fiscal year 2019 · micro
2018
26-09-2018
NBB filing Annual accounts filed
fiscal year 2018 · micro
Lifecycle & Insolvency Signals 2 events
10-06-2025
Bankruptcy Opening
Date: 02-06-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL MARTRANS CHAUSSEE D’ALSEM- BERG 842, 1180 UCCLE · Publications in State Gazette ↗
07-01-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-07 · KBO administration · Address struck2025-06-10 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 2 acts
Capital history · 1
02-08-2024
Capital change
All acts · 2 updated 1 year ago
2024
11-12-2024 1 director appointed, 2 resigning Director changes
  • Pacuraru Marian, Bestuurder
  • Fluture Gabriel-Adrian, Bestuurder
  • Piirianu lulian, Bestuurder
Technical details 
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  "notary": {
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  "act_meta": {
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  "decisions": [
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      "body": "algemene_vergadering",
      "date": "2024-08-01",
      "unanimous": true
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  "is_correction": false,
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  "co_filed_documents": [],
  "corrected_publication_numac": null
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02-08-2024 Transaction in capital or shares Capital & shares
Technical details 
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    "act_date": "2024-04-01",
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
Legal nameFR MARTRANS
Registration history
  1. 07-01-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative