QA-MARTRANS
The computed 12-month bankruptcy probability of QA-MARTRANS is 3.5% (moderate). The 2024 annual accounts show equity of €770 and a net result of €-137k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 255 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €770 |
| Net result | €-137k |
| Staff (FTE) | 18.6 |
| Better than sector | 19% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
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 | 0.1% | 31.2% | |
| Net result | €-137k | €9k | |
| Equity | €770 | €22k | |
| Gross operating margin | €476k | €39k | |
| Staff costs | €474k | €68k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-87k |
| Net profit | €-137k |
| Cash flow | €-112k |
| Staff costs | €474k |
| Income taxes | €237 |
| Dividends | - |
| Total assets | €637k |
| Equity | €770 |
| Debt | €636k |
| of which ≤ 1y | €636k |
| of which > 1y | - |
| Working capital | €-163k |
| Employees (FTE) | 18.6 |
| 2024 | |
|---|---|
| Current ratio | 0.74 |
| Quick ratio | 0.74 |
| Working capital ratio | -25.6% |
| Solvency | 0.1% |
| Debt / equity | 827.07 |
| Long-term debt ratio | - |
| Interest coverage | -3.58 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.5% |
| ROE | -17829.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €637k |
| Fixed assets | 21/28 | €164k |
| Tangible fixed assets | 22/27 | €33k |
| Financial fixed assets | 28 | €131k |
| Current assets | 29/58 | €473k |
| Amounts receivable within one year | 40/41 | €465k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €637k |
| Equity | 10/15 | €770 |
| Contributions / capital | 10/11 | €64k |
| Accumulated profits (losses) | 14 | €-63k |
| Amounts payable | 17/49 | €636k |
| Amounts payable within one year | 42/48 | €636k |
| Trade debts payable within one year | 44 | €388k |
| Income statement | ||
| Gross operating margin | 9900 | €476k |
| Operating result | 9901 | €-113k |
| Financial income | 75 | €101 |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €-137k |
| Income taxes | 67/77 | €237 |
| Net result for the period | 9904 | €-137k |
| Result to be appropriated | 9905 | €-137k |
Former directors (1)
-
BELBER MINGUEZ FranciscoDirectorState Gazette act 26038661 (18-03-2026)Former- → 31-12-2025
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2017 |
| Status | Active |
| Postal code | 1082 |
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. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2026 BELBER MINGUEZ Francisco resigns as director
- BELBER MINGUEZ Francisco, Bestuurder
Technical details
{
"events": [
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"evidence_quote": "Conform\u00E9ment aux statuts, Monsieur BELBER MINGUEZ Francisco c\u00E8de 19 parts en faveur de Monsieur SENECA Michel.",
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{
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"effective_date": "2025-12-31",
"evidence_quote": "Conform\u00E9ment aux statuts, Monsieur BELBER MINGUEZ Francisco d\u00E9missionne de son poste d\u0027administrateur \u00E0 date du 31 d\u00E9cembre 2025.",
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"evidence_quote": "l\u0027assembl\u00E9e vote la d\u00E9charge et le quitus pour sa gestion sans r\u00E9serve \u00E0 Monsieur BELBER MINGUEZ Francisco.",
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Braxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-18",
"filing_date": "2026-03-11",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-12-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0686.787.219",
"name_full": "QA-MARTRANS",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": null,
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 18/03/2026 - Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}16-01-2024 Capital increase of €1.74
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 70,
"currency": "BEF",
"after_eur": null,
"delta_eur": 1.74,
"before_eur": null,
"amount_type": "kapitaal_effectief",
"effective_date": "2023-12-31",
"evidence_quote": "Madame CHAER Kamar c\u00E8de une partie de ses parts, soit 40 parts en faveur de Monsieur BELBER MINGUEZ Francisco et 30 parts en faveur de Monsieur SENECA Michel.",
"contribution_type": "in_kind",
"delta_eur_converted_from": {
"amount": 70,
"currency": "BEF"
}
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0686.787.219",
"name_full": "QA-MARTRANS",
"legal_form": "SRL"
}
}06-09-2022 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
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},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2022-08-12",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0686.787.219",
"name_full": "QA-MARTRANS",
"legal_form": "SRL"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "conf\u00E9rer \u00E0 la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e J. JORDENS \u00E0 1180 Uccle, Avenue Kersbeek 308, repr\u00E9sent\u00E9e par Amaud Trejbiez avec pouvoir de substitution, tous pouvoirs \u00E0 l\u0027effet de proc\u00E9der \u00E0 toutes d\u00E9marches n\u00E9cessaires ou utiles afin d\u0027adapter les renseignements et la documentation administrative suite aux changements qui pr\u00E9c\u00E8dent.",
"holder_kbo": null,
"holder_name": "Amaud Trejbiez",
"scope_categories": [
"administrative_filing",
"adaptation_of_records"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}20-05-2021 Registered office moved from Brussel to MEISE
- rue Grand-Bigard 14, 1082 Brussel → LIEFDADIGHEIDSLAAN 2, 1860 MEISE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "MEISE",
"region": null,
"street": "LIEFDADIGHEIDSLAAN",
"country": "BE",
"postcode": "1860",
"box_number": null,
"street_number": "2"
},
"old_address": {
"city": "Brussel",
"region": null,
"street": "rue Grand-Bigard",
"country": "BE",
"postcode": "1082",
"box_number": null,
"street_number": "14"
},
"effective_date": "2021-04-28",
"evidence_quote": "Na de beslissing van de bestuurder wordt de maatschappelijke zetel van de vennootschap te 1082 Brussel rue Grand-Bigard, n 14 en dit vanaf 28 april 2021."
}
],
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"subject_company": {
"kbo": "0686.787.219",
"name_full": "QA-MARTRANS, AFGEKORT : QM",
"legal_form": "BVBA"
}
}28-12-2017 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Liefdadigheidslaan 2 Bus 0, 1860 Meise",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1972-05-27",
"name": "CHAER Kamar",
"niss": null,
"address": "1860 MEISE, Liefdadigheidslaan 2"
},
"share_class": "gewone aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": "CHAER Kamar",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 60000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 60000,
"subject_company": {
"kbo": "0686.787.219",
"name_full": "QA-MARTRANS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2017-12-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | QA-MARTRANS |
| AbbreviationFR | QM |