Financials
Financial year 2025
Etablissements Martin from Malmedy, company number BE0435132892, closed financial year 2025 with a result of € 234,410 after tax. For that financial year Etablissements Martin recorded a gross margin of € 461,899 and equity of € 624,700. Compared with financial year 2024, the result moved from € 119,540 to € 234,410. 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.
€ 624,700
▲ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 234,410
▲ 96% vs 2024
Profit after tax over the fiscal year.
€ 462,394
▲ 62% 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 € 563,200.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 58,888
▲ 5% vs 2024
€ 58,900 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.
€ 80,544
▲ € 77,012 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 331,640
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 183,261
▲ € 164,533 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 218,508 | € 180,517 | € 261,627 | € 461,899 | ▲ 77% |
| Profit after taxes | € 75,446 | € 51,147 | € 119,540 | € 234,410 | ▲ 96% |
| Equity | € 239,602 | € 285,749 | € 390,289 | € 624,700 | ▲ 60% |
| Total debts | € 1,089,901 | € 770,047 | € 1,211,299 | € 612,292 | ▼ 49% |
| Cash | € 49,380 | € 51,975 | € 286,202 | € 462,394 | ▲ 62% |
| Land & buildings | € 33,583 | € 30,413 | € 239,359 | € 230,716 | ▼ 4% |
| Retained profit | € 178,102 | € 224,249 | € 328,789 | € 563,200 | ▲ 71% |
| Dividend | € 10,000 | € 5,000 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 2,797 | € 0 | € 170,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,329,503 | € 1,055,795 | € 1,601,588 | € 1,236,992 | ▼ 23% |
| Employees (FTE) | 1.1 | 1 | 1 | 1 |
Key figures of Etablissements Martin, 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 Etablissements Martin?
What happened at Etablissements Martin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 234,410 (▲ 96% 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 € 75,446 profit in 2022 to € 234,410 profit in 2025.
Paid € 218,987 in corporate taxes since 2022.
Best year ever: 2025, with € 234,410 profit.
On average € 461,900 of value added per employee in 2025.
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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
Behind Etablissements Martin is Ives MARTIN. It owns 87% of Transmartin itself.
Directors
According to the 2025 annual accounts
since 2023
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
- 0435.132.892
- VAT number
- BE 0435.132.892
- Registered office
- Avenue de Norvège 13, 4960 Malmedy
- Names & denominations
- Etablissements Martin
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1988
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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