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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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARTIN G.W. from Ukkel, company number BE0884389976, closed financial year 2025 with a result of € 98,551 after tax. For that financial year MARTIN G.W. recorded a gross margin of € 222,305 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 440,369 to € 98,551. The company is profitable. 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 December 19, 2025.
€ 2.8 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,551
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 110,353
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 488,725 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 623
▼ 17% 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.
€ 10,527
▲ 140% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,777
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 872,602 | € 1,846,559 | € 715,377 | € 222,305 | ▼ 69% |
| Profit after taxes | € 528,515 | € 1,197,188 | € 440,369 | € 98,551 | ▼ 78% |
| Equity | € 2,601,422 | € 3,499,714 | € 3,196,327 | € 2,806,153 | ▼ 12% |
| Total debts | € 338,023 | € 83,678 | € 828,023 | € 516,914 | ▼ 38% |
| Cash | € 50,934 | € 118,528 | € 54,146 | € 110,353 | ▲ 104% |
| Land & buildings | € 2,412,245 | € 2,330,469 | € 2,242,297 | € 2,155,701 | ▼ 4% |
| Retained profit | € 2,589,022 | € 3,487,314 | € 3,183,927 | € 2,793,753 | ▼ 12% |
| Dividend | € 261,534 | € 298,896 | € 743,756 | € 488,725 | ▼ 34% |
| Bank debt | € 0 | € 0 | € 6 | € 0 | ▼ 100% |
| Balance sheet total | € 2,939,445 | € 3,583,392 | € 4,024,350 | € 3,323,067 | ▼ 17% |
Key figures of MARTIN G.W., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MARTIN G.W.?
What happened at MARTIN G.W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98,551 (▼ 78% vs 2024). Source: NBB ↗
- Martin Gregory became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ukkel. KBO
In short
From € 528,515 profit in 2022 to € 98,551 profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
Behind MARTIN G.W. is Martin Gregory. It owns 50% of SRE Partners and 50% of KNK Investments itself.
Directors
According to the 2025 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Marie Depagestraat 24
1180 Ukkel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0884.389.976
- VAT number
- BE 0884.389.976
- Registered office
- Marie Depagestraat 24, 1180 Ukkel
- Names & denominations
- MARTIN G.W.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2006
- Peppol
- Active · Active since 10 Jan 2026
- Activities · NACE
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