Martens Traktor
ActiveMartens Traktor has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-46k) and a net result of €-565k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 7% of 4828 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency23▼-26
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.92 in 2024; short-term debt: 101.3% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.6%
Return on assets
-19.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-46k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
27 d early
2023
120 d early
2022
38 d early
2021
45 d early
2020
36 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.10M
EBIT margin
-16.9%
Net result
€-565k▼ 51.1%
2024 · €-374k
2018: €27k
2019: €25k
2020: €36k
2021: €-19k
2022: €27k
2023: €37k
2024: €-374k
2018 → 2025
Working capital
€-867k▼ 564%
2024 · €-131k
2018: €417k
2019: €412k
2020: €473k
2021: €351k
2022: €346k
2023: €359k
2024: €-131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.10M
Equity€827k-€854k▲ 3.3%€892k▲ 4.4%€518k▼ 41.9%€-46k
Operating result€12k-€67k▲ 434%€91k▲ 37.1%€-328k€-525k▼ 59.8%
Net result€-19k-€27k€37k▲ 36.7%€-374k€-565k▼ 51.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €525k in 2025 against €328k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.84M
Fixed assets
€829k▲ 27.7%
Current assets
€2.01M▲ 35.7%
Key figures and ratios
EBITDA
€-466k▼
2024 · €-269k
Cash flow
€-506k▼
2024 · €-314k
Solvency
-1.6%▼
2024 · 24.3%
Current ratio
0.70▼
2024 · 0.92
Quick ratio
0.15▼
2024 · 0.32
Debt / equity
-62.30▼
2024 · 3.11
ROA
-19.9%▼
2024 · -17.6%
Interest coverage
-11.33▼
2024 · -5.92
Debt
€2.88M▲
2024 · €1.61M
Debt ≤ 1 year
€2.87M▲
2024 · €1.61M
Staff costs
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.13M€2.84M▲
Fixed assets21/28€649k€829k▲
Intangible fixed assets21-€85k
Tangible fixed assets22/27€648k€744k▲
Land and buildings22€615k€623k▲
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€3k€118k▲
Assets under construction and advance payments27€23k€0▼
Financial fixed assets28€484€135▼
Other financial fixed assets284/8-€135
Amounts receivable and cash guarantees285/8-€135
Current assets29/58€1.48M€2.01M▲
Stocks and contracts in progress3€962k€1.58M▲
Stocks30/36€962k€1.58M▲
Goods purchased for resale34-€1.58M
Amounts receivable within one year40/41€510k€425k▼
Trade receivables40€498k€381k▼
Other amounts receivable41€13k€43k▲
Cash at bank and in hand54/58€1k€5k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.84M▲
Equity10/15€518k€-46k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€268k€25k▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€243k-
Profit (loss) carried forward14-€-321k
Amounts payable17/49€1.61M€2.88M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.61M€2.87M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€68k€1.89M▲
Credit institutions430/8€0-
Other loans439€68k€1.89M▲
Trade debts44€739k€989k▲
Suppliers440/4€739k€989k▲
Advances received on contracts in progress46€224-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€802k-
Accrued charges and deferred income492/3-€8k
Income statement
Code20242025
Operating income70/76A-€3.20M
Turnover70-€3.10M
Other operating income74-€93k
Non-recurring operating income76A€0€2k▲
Operating charges60/66A-€3.72M
Goods for resale, raw materials and consumables60-€2.66M
Purchases600/8-€3.06M
Change in stocks: decrease (increase)609-€-402k
Services and other goods61-€1.15M
Remuneration, social security and pensions62€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€58k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€564k€-158k▼
Other operating charges640/8€13k€13k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€307k-
Operating profit (loss)9901€-328k€-525k▼
Financial income75/76B€122€3k▲
Recurring financial income75€122€3k▲
Other financial income752/9-€3k
Financial charges65/66B€45k€43k▼
Recurring financial charges65€45k€43k▼
Debt charges650-€41k
Other financial charges652/9-€2k
Profit (loss) for the period before taxes9903€-374k€-565k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-374k€-565k▼
Profit (loss) for the period to be appropriated9905€-374k€-565k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-374k€-565k▼
Transfer from equity791/2€374k€243k▼
From reserves792-€243k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-565k
Net result drops to €-565k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €37k ▲36.7%
Operating result €91k, net result €37k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 1972
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kipdorpstraat 523960 BreeGround area
5,385 m²
Building footprint
1,679 m²
Volume, LiDAR
13,358 m³
Parcel 72004C0333/00M023, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kipdorpstraat 52, 3960 Bree
since 19722.006.916.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004C0333/00M023 | Flanders | 5,385 m² | 1 · 1,679 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,340 EUR awarded · 2,340 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,340 EUR | 2,340 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BE 0439.079.507
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VANDEWALLE J & R
BE 0564.766.761
Vleteren · Eq €512k
AGRO SERVICE JANSSEN
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Hoogstraten · Eq €525k
MONKERHEY
BE 0500.512.872
Tielt · Eq €511k
FRANZ BUX
BE 0434.803.785
Sankt Vith · Eq €528k
Of 806 companies in sector 46610 we hold annual accounts for 566. 469 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-12-1971
Fiscal year end31-12
Activities, NACEBEL
46610Wholesale trade
51880
29322
33120Repair and maintenance of machinery
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45204
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.