Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.3 to 2.9.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TRANSMARTIN from Malmedy, company number BE0433221893, closed financial year 2025 with a result of € 145,572 after tax. For that financial year TRANSMARTIN recorded a gross margin of € 336,318 and equity of € 446,030. Compared with financial year 2024, the result moved from € 4,463 to € 145,572. Profitable, and profit is growing. 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 April 27, 2026.
€ 446,030
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 145,572
▲ € 141,109 vs 2024
Profit after tax over the fiscal year.
€ 211,706
▲ € 204,657 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 € 384,030.
People and assets in 2025
2.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 125,491
▼ 10% vs 2024
€ 43,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 99,392
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,216
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 166,969 | € 164,887 | € 190,305 | € 336,318 | ▲ 77% |
| Profit after taxes | € 14,673 | € 1,171 | € 4,463 | € 145,572 | ▲ € 141,109 |
| Equity | € 294,824 | € 295,995 | € 300,458 | € 446,030 | ▲ 48% |
| Total debts | € 100,236 | € 88,277 | € 128,637 | € 167,014 | ▲ 30% |
| Cash | € 3,641 | € 5,218 | € 7,049 | € 211,706 | ▲ € 204,657 |
| Retained profit | € 232,824 | € 233,995 | € 238,458 | € 384,030 | ▲ 61% |
| Bank debt | € 31,801 | € 9,406 | € 0 | € 0 | |
| Balance sheet total | € 395,060 | € 384,271 | € 429,095 | € 613,044 | ▲ 43% |
| Employees (FTE) | 3.3 | 3.3 | 3 | 2.9 | ▼ 0.1 |
Key figures of TRANSMARTIN, 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 TRANSMARTIN?
What happened at TRANSMARTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 145,572 (▲ € 141,109 vs 2024). Source: NBB ↗
- Ives MARTIN became a director. NBB
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,673 profit in 2022 to € 145,572 profit in 2025.
Paid € 56,294 in corporate taxes since 2022.
Best year ever: 2025, with € 145,572 profit.
On average € 116,000 of value added per employee in 2025.
Management
The stake of Etablissements Martin comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TRANSMARTINBehind TRANSMARTIN is Ives MARTIN. The shares are held by Etablissements Martin (87%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de Norvège 13
4960 Malmedy
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
- 0433.221.893
- VAT number
- BE 0433.221.893
- Registered office
- Avenue de Norvège 13, 4960 Malmedy
- Names & denominations
- TRANSMARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 1988
- Peppol
- Not registered
- Activities · NACE
Goederenvervoer over de weg