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Martro

Active
Private limited companyfounded 2025active for 1 yearHaestakkers 3, 2275 Lille, BelgiumKBO/BCE: BE 1028.511.586
Summary

Martro has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,152 and a net result of €12,652. Its solvency ranks better than 18% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €110,000
Estimated: probably between €55,000 and €210,000
Total assets
€88,743
Net result
€12,652
Working capital
-€1,216

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €86,719
Fixed assets €57,304
Current assets €29,415
Equity and liabilities €88,743
Equity €14,152
Debt €74,592
Debt finances 84.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€20,264
Cash flow
€15,687
Current ratio
0.96
Quick ratio
0.90
Debt to equity
5.27
ROE
89.4%
ROA
14.3%
Interest coverage
38.97
Debt ≤ 1 year
€30,631
Debt > 1 year
€42,399
Income taxes
€4,057

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€88,743
Formation expenses20€2,025
Fixed assets21/28€57,304
Tangible fixed assets22/27€57,304
Plant, machinery and equipment23€12,594
Furniture and vehicles24€44,710
Current assets29/58€29,415
Stocks and contracts in progress3€1,992
Stocks30/36€1,992
Amounts receivable within one year40/41€12,098
Trade receivables40€8,918
Other amounts receivable41€3,179
Cash at bank and in hand54/58€15,325
Equity and liabilities
Total equity and liabilities10/49€88,743
Equity10/15€14,152
Contributions10/11€1,500
Reserves13€12,652
Distributable reserves133€12,652
Amounts payable17/49€74,592
Amounts payable after more than one year17€42,399
Financial debts170/4€42,399
Amounts payable within one year42/48€30,631
Current portion of amounts payable after more than one year42€9,601
Trade debts44€12,004
Suppliers440/4€12,004
Taxes, remuneration and social security45€4,057
Taxes450/3€4,057
Other amounts payable47/48€4,970
Accrued charges and deferred income492/3€1,561
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,035
Gross operating margin9900€20,264
Operating profit (loss)9901€17,229
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€520
Recurring financial charges65€520
Profit (loss) for the period before taxes9903€16,709
Income taxes67/77€4,057
Profit (loss) for the period9904€12,652
Profit (loss) for the period to be appropriated9905€12,652
Appropriation of the result
Profit (loss) to be appropriated9906€12,652
Transfer to equity691/2€12,652
To other reserves6921€12,652

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,035
Gross operating margin9900€20,264
Operating profit (loss)9901€17,229
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€520
Recurring financial charges65€520
Profit (loss) for the period before taxes9903€16,709
Income taxes67/77€4,057
Profit (loss) for the period9904€12,652
Profit (loss) for the period to be appropriated9905€12,652
Line2025
Assets
Total assets20/58€88,743
Formation expenses20€2,025
Fixed assets21/28€57,304
Tangible fixed assets22/27€57,304
Plant, machinery and equipment23€12,594
Furniture and vehicles24€44,710
Current assets29/58€29,415
Stocks and contracts in progress3€1,992
Stocks30/36€1,992
Amounts receivable within one year40/41€12,098
Trade receivables40€8,918
Other amounts receivable41€3,179
Cash at bank and in hand54/58€15,325
Equity and liabilities
Total equity and liabilities10/49€88,743
Equity10/15€14,152
Contributions10/11€1,500
Reserves13€12,652
Distributable reserves133€12,652
Amounts payable17/49€74,592
Amounts payable after more than one year17€42,399
Financial debts170/4€42,399
Amounts payable within one year42/48€30,631
Current portion of amounts payable after more than one year42€9,601
Trade debts44€12,004
Suppliers440/4€12,004
Taxes, remuneration and social security45€4,057
Taxes450/3€4,057
Other amounts payable47/48€4,970
Accrued charges and deferred income492/3€1,561
Line2025
Profit (loss) for the period9904€12,652
+ Depreciation and write-downs630€3,035
Operating cash flow (approximation)€15,687

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00213034

Similar companies · same sector, comparable size

Of the 29,893 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,927. 11,883 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.