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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022, 2024.
Financials
Financial year 2024
A. Martins from Vorst, company number BE0867286797, closed financial year 2024 with a result of € -412,568 after tax. For that financial year A. Martins recorded revenue of € 63,672 and equity of € -1.3 million. Compared with financial year 2023, the result moved from € -682,666 to € -412,568. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.
€ -1.3 million
▼ € 412,568 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -412,568
▲ 40 % less loss than in 2023
Profit after tax over the fiscal year.
€ 44,156
▲ 15% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3 million.
Debts at end 2024
€ 1.7 million
▼ 4% vs 2023
Loans from banks and other lenders, long and short.
€ 597,677
▲ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 39,616 | € 50,307 | € 63,672 | ▲ 27% |
| Gross margin | € 42,241 | € 6,908 | € -378,056 | € -71,422 | ▲ € 306,634 |
| Profit after taxes | € -30,776 | € -65,157 | € -682,666 | € -412,568 | ▲ € 270,098 |
| Equity | € -135,113 | € -200,271 | € -882,936 | € -1,295,504 | ▼ € 412,568 |
| Total debts | € 3,399,623 | € 3,479,572 | € 3,911,796 | € 4,297,296 | ▲ 10% |
| Cash | € 55,723 | € 55,744 | € 38,374 | € 44,156 | ▲ 15% |
| Retained profit | € -1,860,113 | € -1,925,271 | € -2,607,936 | € -3,020,504 | ▼ € 412,568 |
| Bank debt | € 1,800,000 | € 1,800,000 | € 1,800,000 | € 1,725,000 | ▼ 4% |
| Balance sheet total | € 3,264,509 | € 3,279,301 | € 3,028,860 | € 3,001,792 | ▼ 1% |
Key figures of A. Martins, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to A. Martins?
What happened at A. Martins in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gillion Development SA stepped down as director. NBB
- Les Entreprises Générales Fernand SA stepped down as director. NBB
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- Alessandra Martins Soares stepped down as director. NBB
- Gillion Development SA became a director. NBB
- Rodrigue Gillion SRL stepped down as director. NBB
- Les Entreprises Générales Fernand SA became a director. NBB
- Amaury de Merode stepped down as director. NBB
In short
From € 30,776 loss in 2022 to € 412,568 loss in 2024.
Paid € 6,020 in corporate taxes since 2022.
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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 stake of GILLION DEVELOPMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A. MartinsThe shares are held by GILLION DEVELOPMENT (99.9%).
Directors
According to the 2024 annual accounts
Amaury de Merode
Director
Also active at: Les Entreprises Générales Fernand Gillion et fils, LAURAL, GILLION DEVELOPMENT
since 2019 · until 2024
Alessandra Martins Soares
Director
Also active at: Les Entreprises Générales Fernand Gillion et fils, LAURAL, GILLION DEVELOPMENT
since 2024 · until 2025
since 2025 · until 2031
Director · represented by Rodrigue Gillion
Also active at: La Technique rationnelle moderne, Les Entreprises Générales Fernand Gillion et fils, Résidence Chambord, LAURAL, GILLION ASSET MANAGEMENT, CHATEAU ET VILLAS, arts et chatelain, GILLION DEVELOPMENT
since 2019 · until 2025
Les Entreprises Générales Fernand SA
Director · represented by Rodrigue Gillion
Owns 99.9% via GILLION DEVELOPMENT
Also active at: LAURAL, GILLION PARTNERS, GILLION DEVELOPMENT
since 2025 · until 2031
Shareholders
GILLION DEVELOPMENT · holding of Les Entreprises Générales Fernand SA
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Denijsstraat 132
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →GILLION CONSTRUCT same network
€ 79.7 million revenue · 2024
RESIDENCE CHAMBORD same network
€ 1.1 million gross margin · 2024
Odrimo
LAURAL same network
€ -16,333 gross margin · 2024
SM FRANKI-GILLION
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.286.797
- VAT number
- BE 0867.286.797
- Registered office
- Sint-Denijsstraat 132, 1190 Vorst
- Names & denominations
- A. Martins
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2004
- Peppol
- Active · Active since 7 Aug 2025
- Activities · NACE
Overige zakelijke dienstverlening, n.e.g.
Overige zakelijke dienstverlening, neg