Financials
Financial year 2025
MARTIN TRANSMISSIONS from Izegem, company number BE0405414963, closed financial year 2025 with a result of € 5,736 after tax. For that financial year MARTIN TRANSMISSIONS recorded a gross margin of € 27,134 and equity of € 234,462. Compared with financial year 2024, the result moved from € 21,501 to € 5,736. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 234,462
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,736
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 15,910
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 172,462.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,232
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 544
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,150 | € 60,973 | € 55,498 | € 27,134 | ▼ 51% |
| Profit after taxes | € 32,310 | € 27,930 | € 21,501 | € 5,736 | ▼ 73% |
| Equity | € 179,295 | € 207,225 | € 228,726 | € 234,462 | ▲ 3% |
| Total debts | € 265,845 | € 257,627 | € 236,798 | € 220,737 | ▼ 7% |
| Cash | € 13,238 | € 13,639 | € 10,585 | € 15,910 | ▲ 50% |
| Land & buildings | € 146,610 | € 131,914 | € 113,019 | € 94,124 | ▼ 17% |
| Retained profit | € 117,295 | € 145,225 | € 166,726 | € 172,462 | ▲ 3% |
| Balance sheet total | € 445,140 | € 464,852 | € 465,525 | € 455,199 | ▼ 2% |
Key figures of MARTIN TRANSMISSIONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MARTIN TRANSMISSIONS?
What happened at MARTIN TRANSMISSIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mia Martin stepped down as director. NBB
- Jean-Claude Lobbestael stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,736 (▼ 73% vs 2024). Source: NBB ↗
- Mia Martin became a director. NBB
- Jean-Claude Lobbestael became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Izegem. KBO
In short
From € 32,310 profit in 2022 to € 5,736 profit in 2025.
Paid € 31,307 in corporate taxes since 2022.
Best year ever: 2022, with € 32,310 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Mia Martin
Managing director
since 2017 · until 2027
since 2017 · until 2027
Establishments
Establishment units
Physical locations of this company
Gentseheerweg 103
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.414.963
- VAT number
- BE 0405.414.963
- Registered office
- Gentseheerweg 103, 8870 Izegem
- Names & denominations
- MARTIN TRANSMISSIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Gieten van ijzer
Vervaardiging van tandwielen, lagers en andere drijfwerkelementen
Vervaardiging van rollagers, kogellagers en dergelijke