Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Jean Michel MARTIN from Sint-Pieters-Woluwe, company number BE0437668948, closed financial year 2025 with a result of € -176,322 after tax. For that financial year Jean Michel MARTIN recorded revenue of € 43.8 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 852,317 to € -176,322. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 5.3 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -176,322
▼ still € 852,317 profit in 2024
Profit after tax over the fiscal year.
€ 195,772
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.9 million.
People and assets in 2025
46.5
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 3% vs 2024
€ 72,000 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.
€ 52,081
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 16% vs 2024
€ 315,556 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5.6 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 629,988
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 41,519,389 | € 64,980,586 | € 58,686,125 | € 43,753,479 | ▼ 25% |
| Profit after taxes | € 362,080 | € 1,583,593 | € 852,317 | € -176,322 | ▼ € 1 million |
| Equity | € 4,576,014 | € 6,155,084 | € 5,502,878 | € 5,322,034 | ▼ 3% |
| Total debts | € 13,565,637 | € 15,915,242 | € 9,880,582 | € 9,057,518 | ▼ 8% |
| Cash | € 595,739 | € 154,592 | € 171,181 | € 195,772 | ▲ 14% |
| Retained profit | € 4,170,861 | € 5,754,455 | € 5,106,771 | € 4,930,450 | ▼ 3% |
| Dividend | € 500,000 | € 0 | € 1,500,000 | € 0 | ▼ 100% |
| Bank debt | € 2,530,793 | € 3,928,244 | € 1,799,417 | € 1,507,502 | ▼ 16% |
| Balance sheet total | € 18,141,651 | € 22,070,327 | € 15,383,460 | € 14,379,551 | ▼ 7% |
| Employees (FTE) | 46.3 | 50.4 | 47.8 | 46.5 | ▼ 1.3 |
Key figures of Jean Michel 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 Jean Michel MARTIN?
What happened at Jean Michel MARTIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karl PAUTRIC stepped down as director. NBB
- Guy SAUVADON stepped down as director. NBB
- Victoria PAUTRIC stepped down as director. NBB
- PAUTRIC INVEST SA stepped down as director. NBB
- SENSE2GO SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 176,322 (▼ € 1 million vs 2024). Source: NBB ↗
- Karl PAUTRIC became a director. NBB
- Guy SAUVADON became a director. NBB
In short
From € 362,080 profit in 2022 to € 176,322 loss in 2025.
Paid € 979,207 in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
Paid out € 2 million in dividends to the owners in total.
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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
The shares are held by PAUTRIC INVEST SA (100%).
Directors
According to the 2025 annual accounts
Karl PAUTRIC
Director
since 2025 · until 2031
since 2025 · until 2031
Victoria PAUTRIC
Director
since 2025 · until 2031
Director · represented by Francis PAUTRIC
Also active at: MARTIN MOTORS SA, M Mobility
since 2025 · until 2031
Managing director · represented by Bruno GOOSSENS
Also active at: MARTIN MOTORS SA, M Mobility
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
François Desmedtstraat 96
1150 Sint-Pieters-Woluwe
Leuvensesteenweg 313
1932 Zaventem
Active since 1 August 2010
Langestraat 92
1150 Sint-Pieters-Woluwe
Active since 10 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0437.668.948
- VAT number
- BE 0437.668.948
- Registered office
- François Desmedtstraat 96, 1150 Sint-Pieters-Woluwe
- Names & denominations
- Jean Michel MARTIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 1989
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)