Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTIN Y PAZ ESTATE from Nivelles, company number BE0430341488, closed financial year 2025 with a result of € -39,564 after tax. For that financial year MARTIN Y PAZ ESTATE recorded a gross margin of € 22,835 and equity of € 589,097. Compared with financial year 2024, the result moved from € -62,894 to € -39,564. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 589,097
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,564
▲ 37 % less loss than in 2024
Profit after tax over the fiscal year.
€ 44,049
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 163,072.
Debts at end 2025
€ 500,000
Loans from banks and other lenders, long and short.
€ 55,540
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,919
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,625 | € 24,328 | € 24,003 | € 22,835 | ▼ 5% |
| Profit after taxes | € -159,633 | € -94,391 | € -62,894 | € -39,564 | ▲ € 23,330 |
| Equity | € 785,946 | € 691,555 | € 628,661 | € 589,097 | ▼ 6% |
| Total debts | € 974,908 | € 904,285 | € 851,123 | € 1,569,189 | ▲ 84% |
| Cash | € 164,039 | € 118,982 | € 125,932 | € 44,049 | ▼ 65% |
| Land & buildings | € 1,288,960 | € 1,199,320 | € 1,158,095 | € 1,805,180 | ▲ 56% |
| Retained profit | € 296,415 | € 202,024 | € 139,130 | € 163,072 | ▲ 17% |
| Bank debt | € 500,000 | € 500,000 | € 500,000 | € 500,000 | |
| Balance sheet total | € 1,780,854 | € 1,615,840 | € 1,499,784 | € 2,158,285 | ▲ 44% |
Key figures of MARTIN Y PAZ ESTATE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MARTIN Y PAZ ESTATE?
What happened at MARTIN Y PAZ ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,564. Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Ukkel. KBO
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,633 loss in 2022 to € 39,564 loss in 2025.
Paid € 84,002 in corporate taxes since 2022.
A new publication or filing at MARTIN Y PAZ ESTATE? We notify you, reason included.
Follow MARTIN Y PAZ ESTATEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind MARTIN Y PAZ ESTATE are Cécile HENDRICX, Muriel HENDRICKX and Rosa MARTIN Y PAZ. Muriel HENDRICKX is also behind MARTIN Y PAZ PROPERTY. Rosa MARTIN Y PAZ is also behind MARTIN Y PAZ PROPERTY and NATHAN-BAUME MAROQUINIER.
Directors
According to the 2025 annual accounts
Cécile HENDRICX
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Ferme-du-Chapitre 11
1401 Nivelles
Grand'Route 329
1428 Braine-l'Alleud
Active since 30 November 1989
Groeselenbergstraat 59
1180 Ukkel
Active since 30 November 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.341.488
- VAT number
- BE 0430.341.488
- Registered office
- Rue de la Ferme-du-Chapitre 11, 1401 Nivelles
- Names & denominations
- MARTIN Y PAZ ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 1987
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen