MRTNS Equities
The computed 12-month bankruptcy probability of MRTNS Equities is 0.2% (very low). The 2025 annual accounts show equity of €145k and a net result of €5k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 1334 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €145k |
| Net result | €5k |
| Better than sector | 27% |
| Active | 22 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.1% | 22.9% | |
| Net result | €5k | €10k | |
| Equity | €145k | €44k | |
| Gross operating margin | €238k | €40k | |
| Total assets | €4.74M | €292k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €235k |
| Net profit | €5k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €4.74M |
| Equity | €145k |
| Debt | €4.59M |
| of which ≤ 1y | €22k |
| of which > 1y | €4.57M |
| Working capital | €4.71M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 219.08 |
| Quick ratio | 39.06 |
| Working capital ratio | 99.4% |
| Solvency | 3.1% |
| Debt / equity | 31.57 |
| Long-term debt ratio | 31.42 |
| Interest coverage | 1.09 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.1% |
| ROE | 3.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.74M |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €4.73M |
| Stocks & contracts in progress | 3 | €3.89M |
| Amounts receivable within one year | 40/41 | €639k |
| Investments | 50/53 | €72k |
| Cash & bank | 54/58 | €132k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.74M |
| Equity | 10/15 | €145k |
| Contributions / capital | 10/11 | €48k |
| Reserves | 13 | €92k |
| Accumulated profits (losses) | 14 | €5k |
| Amounts payable | 17/49 | €4.59M |
| Amounts payable after one year | 17 | €4.57M |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €238k |
| Operating result | 9901 | €226k |
| Financial income | 75 | €245 |
| Financial charges | 65 | €215k |
| Result before taxes | 9903 | €11k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
| NACE primary | Real estate activities(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-2004 |
| Status | Active |
| Postal code | 2000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0323/00N000 | Flanders | 853 m² | 1 · 193 m² | 8.2 m · 2 fl. |
| 11808H1242/00V004 | Flanders | 739 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-09-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Tom Holvoet",
"firm_city": null,
"firm_name": "Notariaat Holvoet, F\u0026T notarisvennootschap",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-30",
"filing_date": "2024-09-26",
"act_kind_objet": "ALGEMENE VERGADERING, BENAMING, BOEKJAAR"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-09-23",
"unanimous": null
},
"agm_change": {
"new_schedule": "eerste dinsdag van de maand oktober om 18.00 uur",
"old_schedule": null,
"effective_from_year": null,
"rule_changes_summary": "Statutaire bepalingen gewijzigd aangaande het aandeelhouderschap (verhouding vruchtgebruiker-blote eigenaar)."
},
"detected_kind": "agm_rescheduling",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0863.177.165",
"name_full": "MRTNS Equities",
"legal_form": "BV"
},
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"publication_proxy": {
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},
"co_filed_documents": [
"Geco\u00F6rdineerde tekst van de statuten met de lijst van de oprichtings en wijzigende akten"
],
"fiscal_year_change": {
"new_end_mm_dd": "06",
"old_end_mm_dd": null,
"new_start_mm_dd": "07",
"old_start_mm_dd": null,
"first_full_new_year": 2027,
"transition_period_end": "2025-06-30"
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": {
"art_csa": "art 2:8 \u00A74 WVV",
"effective_date": "2024-09-23",
"shareholder_kbo": null,
"shareholder_name": "Nicolas MERTENS"
}
}07-08-2023 Capital increase of €40,000
- Inbreng in natura · Apport en nature
Technical details
{
"events": [
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"share_emission": {
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}
],
"notary": {
"name": "Koen Scheurweghs",
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"office_city": "Grobbendonk",
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},
"act_meta": {
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},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-07-25",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-06-27"
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "Guy Parmentier bedrijfsrevisoren",
"ibr_number": null,
"mission_type": "quasi_apport",
"individual_name": "Guy Parmentier"
},
"subject_company": {
"kbo": "0863.177.165",
"name_full": "STYLECOM",
"legal_form": "Besloten vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null,
"person_role_at_subject": "Notaris"
},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor",
"eenzsluidende uitgifte"
],
"shareholders_after": [],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MRTNS Equities |