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MARTIN'S BRUSSELS

Active
Public limited companyfounded 199135 yrs activeKarel de Grotelaan 80, 1000 Brussel, BelgiumKBO/BCE: BE 0443.093.723
Summary

MARTIN'S BRUSSELS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-5.48M) and a net result of €131k. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 489 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
43 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▲+5
Solvency0=
Growth62▼-1
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 0.67 in 2023; short-term debt: 86.6% and cash: 14.2% 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 riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
-338.1%
Return on assets
8.1%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 489 sector peers (2024).
NBB · sector comparison
Position among 489 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
41 d early
2022
33 d early
2021
51 d early
2020
47 d early
2019
44 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€8.08M▲ 7.0%
2023 · €7.55M
2018: €4.25M 2019: €7.12M 2020: €2.52M 2021: €2.64M 2022: €5.92M 2023: €7.55M
2018 → 2024
EBIT margin
2.0%▲ 1.2pp
2023 · 0.8%
2018: -0.8% 2019: 1.8% 2020: -36.4% 2021: -42.7% 2022: -4.3% 2023: 0.8%
2018 → 2024
Net result
€131k▲ 280%
2023 · €34k
2018: €-63k 2019: €87k 2020: €-952k 2021: €-1.16M 2022: €-288k 2023: €34k
2018 → 2024
Working capital
€-663k▼ 29.0%
2023 · €-514k
2018: €-109k 2019: €-341k 2020: €-469k 2021: €-435k 2022: €-613k 2023: €-514k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€2.52M-€2.64M▲ 4.6%€5.92M▲ 124%€7.55M▲ 27.5%€8.08M▲ 7.0%
Equity€-4.19M-€-5.36M▼ 27.7%€-5.64M▼ 5.4%€-5.61M▲ 0.6%€-5.48M▲ 2.3%
Operating result€-918k-€-1.13M▼ 22.8%€-254k▲ 77.5%€57k€162k▲ 181%
Net result€-952k-€-1.16M▼ 22.2%€-288k▲ 75.2%€34k€131k▲ 280%
Result per fiscal year
Operating resultNet result
€-1.50M€-1.00M€-500k€0Operating result 2020: €-918k€-918kNet result 2020: €-952k€-952kOperating result 2021: €-1.13M€-1.13MNet result 2021: €-1.16M€-1.16MOperating result 2022: €-254k€-254kNet result 2022: €-288k€-288kOperating result 2023: €57k€57kNet result 2023: €34k€34kOperating result 2024: €162k€162kNet result 2024: €131k€131k20202021202220232024€-400k€-200k€0€200kOperating result 2022: €-254k€-254kNet result 2022: €-288k€-288kOperating result 2023: €57k€57kNet result 2023: €34k€34kOperating result 2024: €162k€162kNet result 2024: €131k€131k202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 181% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.62M
Fixed assets €879k ▼ 10.3%
Current assets €741k ▼ 28.7%
Key figures and ratios
2024 value · change against 2023
EBITDA
€422k
2023 · €423k
Cash flow
€392k
2023 · €400k
Solvency
-338.1%
2023 · -274.0%
Current ratio
0.53
2023 · 0.67
Quick ratio
0.50
2023 · 0.64
Debt to equity
-1.30
2023 · -1.36
ROA
8.1%
2023 · 1.7%
Interest coverage
30.45
2023 · 64.89
Debt
€7.10M
2023 · €7.65M
Debt ≤ 1 year
€1.40M
2023 · €1.55M
Debt > 1 year
€5.69M
2023 · €6.10M
Income taxes
€1k
2023 · €980
Staff costs
€2.58M
2023 · €2.48M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 92 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.05M€1.62M
Formation expenses20€28k€0
Fixed assets21/28€979k€879k
Intangible fixed assets21€147€0
Tangible fixed assets22/27€934k€871k
Plant, machinery and equipment23€70k€56k
Furniture and vehicles24€163k€118k
Leasing and similar rights25€3k€0
Other tangible fixed assets26€659k€657k
Assets under construction and advance payments27€39k€39k=
Financial fixed assets28€45k€8k
Affiliated companies280/1€0€0=
Amounts receivable281€0€0=
Other financial fixed assets284/8€45k€8k
Amounts receivable and cash guarantees285/8€45k€8k
Current assets29/58€1.04M€741k
Amounts receivable after more than one year29-€6k
Other amounts receivable291-€6k
Stocks and contracts in progress3€51k€37k
Stocks30/36€51k€37k
Raw materials and consumables30/31€30k€22k
Goods purchased for resale34€21k€15k
Amounts receivable within one year40/41€490k€430k
Trade receivables40€464k€393k
Other amounts receivable41€26k€37k
Current investments50/53€2k€2k=
Other investments51/53€2k€2k=
Cash at bank and in hand54/58€462k€231k
Deferred charges and accrued income490/1€34k€36k
Equity and liabilities
Total equity and liabilities10/49€2.05M€1.62M
Equity10/15€-5.61M€-5.48M
Contributions10/11€459k€459k=
Capital10€459k€459k=
Issued capital100€459k€459k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€-6.07M€-5.94M
Provisions and deferred taxes16€3k€408
Provisions for liabilities and charges160/5€3k€408
Pensions and similar obligations160€3k€0
Environmental obligations163€408€408=
Amounts payable17/49€7.65M€7.10M
Amounts payable after more than one year17€6.10M€5.69M
Financial debts170/4€953k€953k=
Subordinated loans170€953k€953k=
Leasing and similar obligations172€0-
Trade debts175€71k€53k
Suppliers1750€71k€53k
Other amounts payable178/9€5.07M€4.68M
Amounts payable within one year42/48€1.55M€1.40M
Current portion of amounts payable after more than one year42€52k€18k
Financial debts43€0€0=
Other loans439€0€0=
Trade debts44€753k€735k
Suppliers440/4€753k€735k
Advances received on contracts in progress46€21k€97k
Taxes, remuneration and social security45€715k€541k
Taxes450/3€237k€138k
Remuneration and social security454/9€478k€403k
Other amounts payable47/48€12k€13k
Accrued charges and deferred income492/3€410€4k
Income statement Code20232024
Operating income70/76A€7.69M€8.28M
Turnover70€7.55M€8.08M
Other operating income74€136k€202k
Non-recurring operating income76A-€6
Operating charges60/66A€7.63M€8.12M
Goods for resale, raw materials and consumables60€524k€554k
Purchases600/8€538k€540k
Change in stocks: decrease (increase)609€-15k€14k
Services and other goods61€3.60M€4.00M
Remuneration, social security and pensions62€2.48M€2.58M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366k€261k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-3k€-3k
Other operating charges640/8€665k€706k
Non-recurring operating charges66A-€20k
Operating profit (loss)9901€57k€162k
Financial income75/76B€56€255
Recurring financial income75€56€255
Other financial income752/9€56€255
Financial charges65/66B€22k€30k
Recurring financial charges65€22k€30k
Debt charges650€7k€14k
Other financial charges652/9€16k€16k
Profit (loss) for the period before taxes9903€35k€132k
Income taxes67/77€980€1k
Taxes670/3€980€1k
Profit (loss) for the period9904€34k€131k
Profit (loss) for the period to be appropriated9905€34k€131k
Appropriation of the result
Profit (loss) to be appropriated9906€-6.07M€-5.94M
Profit (loss) brought forward from the previous period14P€-6.10M€-6.07M
Social balance
Average headcount (FTE)908752.252.5

The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
15-09
State Gazette act Permanent representative: Olivier Peeters
Resignation: NOLICIS (director) · Reappointments: OPTIMMO, Alain Prigogine and 4 others · Appointment: CERVO HOSPITALITY (director)11 facts ▸
  • General meeting, 30-06-2026
  • Permanent representative, Olivier Peeters (permanent representative)
  • Director resignation, NOLICIS (director)
  • Director reappointment, OPTIMMO (director)
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, JOHN MARTIN (director)
  • Director reappointment, HOLMAR (director)
  • Director reappointment, SPARAXIS (director)
  • Director appointment, CERVO HOSPITALITY (director)
  • Board composition, 30-06-2026
  • Director reappointment, Bruno VanDenBosch & Co (statutory auditor)
16-01
State Gazette act Permanent representative: Olivier Peeters
2 facts ▸
  • Board meeting, 06-10-2025
  • Permanent representative, Olivier Peeters (permanent representative)
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €131k ▲280%
Operating result €162k, net result €131k, both a record.
03-07
State Gazette act Permanent representative: Frédéric Adriaens
Permanent representative resignation3 facts ▸
  • Board meeting, 26-03-2024
  • Permanent representative, Frédéric Adriaens
  • Permanent representative resignation, Serge De Milt
20-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €34k
Net result €34k after 3 loss-making years.
06-11
State Gazette act Resignations & appointments
Power of attorney2 facts ▸
  • Board meeting, 27-09-2023
  • Power of attorney, MALA MANAGEMENT
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
26-06
State Gazette act Reappointments: OPTIMMO SA, Alain Prigogine and 5 others
Permanent representatives: John C. Martin, Francis PENNEQUIN and 5 others · Appointments: SPARAXIS (director) and OPTIMMO SA (managing director) · Power of attorney27 facts ▸
  • General meeting, 31-05-2023
  • Director reappointment, OPTIMMO SA (director)
  • Permanent representative, John C. Martin
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director reappointment, JOHN MARTIN (director)
  • Permanent representative, Serge De Milt
  • Director reappointment, HOLMAR (director)
  • Permanent representative, Nicolas Lemaire
  • Director appointment, SPARAXIS (director)
  • Permanent representative, Isabelle Devos
  • +15 further facts in this act
02-03
State Gazette act Permanent representative: Nicolas Lemaire
Permanent representative resignation3 facts ▸
  • General meeting, 28-09-2022
  • Permanent representative, Nicolas Lemaire
  • Permanent representative resignation, Michaël Jacques de Dixmude
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
31-12
Financial Weakest financial yearnet €-1.16M
Net result drops to €-1.16M, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
03-05
State Gazette act Appointment: SOGEPA (director)
Permanent representative: Isabelle Devos · Mandate compensation10 facts ▸
  • General meeting, 03-03-2021
  • Director appointment, SOGEPA (director)
  • Permanent representative, Isabelle Devos
  • Mandate compensation, SOGEPA
  • Board composition, OPTIMMO (director)
  • Board composition, Alain PRIGOGINE (director)
  • Board composition, NOLICIS ENTERPRISE (director)
  • Board composition, JOHN MARTIN (director)
  • Board composition, HOLMAR (director)
  • Board composition, SOGEPA (director)
2020
25-11
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 12-11-2020
  • Statutes amendment
  • Capital, €458.511,3
25-08
State Gazette act Reappointments: OPTIMMO SA, Alain Prigogine and 5 others
Permanent representatives: John C. Martin, Francis PENNEQUIN and 4 others · Appointment: OPTIMMO SA (managing director) · Mandate compensation24 facts ▸
  • General meeting, 27-05-2020
  • Director reappointment, OPTIMMO SA (director)
  • Permanent representative, John C. Martin
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director reappointment, JOHN MARTIN (director)
  • Permanent representative, Serge De Milt
  • Director reappointment, HOLMAR (director)
  • Permanent representative, Michaël Jacques de Dixmude
  • Board composition, OPTIMMO SA (director)
  • Board composition, Alain Prigogine (director)
  • +12 further facts in this act
17-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €87k
Net result €87k after one loss-making year.
01-08
State Gazette act Resignation: Daniel Samson (director)
Appointment: Serge De Milt (director) · Permanent representative: John C. MARTIN9 facts ▸
  • General meeting, 29-05-2019
  • Director resignation, Daniel Samson (director)
  • Director appointment, Serge De Milt (director)
  • Board composition, OPTIMMO (director)
  • Board composition, Alain PRIGOGINE (director)
  • Board composition, Serge De Milt (director)
  • Board composition, NOLICIS ENTERPRISE (director)
  • Board composition, DISPRIMO (director)
  • Permanent representative, John C. MARTIN
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
29-05
State Gazette act Permanent representative: Thomas Berteloot
Power of attorney4 facts ▸
  • Board meeting, 24/04/2019
  • Power of attorney, Martin's Brugge SA
  • Permanent representative, Thomas Berteloot
  • Power of attorney, Thomas Berteloot
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-11
State Gazette act Permanent representative: John C. Martin
Power of attorney4 facts ▸
  • Board meeting, 16/10/2017
  • Power of attorney, Francesco de Pascale
  • Power of attorney, Christophe Voet
  • Permanent representative, John C. Martin
13-07
State Gazette act Reappointments: OPTIMMO S.A., Alain Prigogine and 5 others
Permanent representatives: John C. Martin, Francis PENNEQUIN and 3 others · Appointment: OPTIMMO S.A. (managing director) · Mandate compensation22 facts ▸
  • General meeting, 31-05-2017
  • Director reappointment, OPTIMMO S.A. (director)
  • Permanent representative, John C. Martin
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Daniel SAMSON (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director reappointment, DISPRIMO (director)
  • Permanent representative, Ivo Claeys
  • Board composition, OPTIMMO S.A. (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Daniel SAMSON (director)
  • +10 further facts in this act
29-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
26-05
State Gazette act Appointment: Stijn BESCHUYT (general manager de l'hôtel martin's brussels eu)
Resignation: Andy DUBRAI (mandat spécial pour la gestion journalière de l'exploitation de l'hôtel martin's brussels eu) · Permanent representative: John C. MARTIN · Power of attorney5 facts ▸
  • Board meeting, 28/04/2016
  • Director appointment, Stijn BESCHUYT (general manager de l'hôtel martin's brussels eu)
  • Director resignation, Andy DUBRAI (mandat spécial pour la gestion journalière de l'exploitation de l'hôtel martin's brussels eu)
  • Power of attorney, Stijn BESCHUYT
  • Permanent representative, John C. MARTIN
2014
29-07
State Gazette act Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 26-06-2014
  • Power of attorney, Francesco de Pascale
  • Power of attorney, Christophe Voet
01-07
State Gazette act Reappointments: OPTIMMO SA, Alain Prigogine and 5 others
Permanent representatives: John C. Martin, Francis PENNEQUIN and 3 others · Appointment: OPTIMMO SA (administrateur délégué, chargé de la gestion journalière)20 facts ▸
  • General meeting, 28-05-2014
  • Director reappointment, OPTIMMO SA (director)
  • Permanent representative, John C. Martin
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Daniel SAMSON (director)
  • Director reappointment, NOLICIS ENTERPRIPE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director reappointment, DISPRIMO (director)
  • Permanent representative, Ivo Claeys
  • Board composition, OPTIMMO SA (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Daniel SAMSON (director)
  • +8 further facts in this act
2013
10-07
State Gazette act Resignations & appointments
Power of attorney · Mandate term4 facts ▸
  • Power of attorney, Francesco DE PASCALE
  • Power of attorney, Christophe VOET
  • Mandate term, 30-06-2014
  • Mandate term, 30-06-2014
28-06
State Gazette act Resignation: Louis van der Taelen (director)
Reappointments: OPTIMMO SA, Alain Prigogine and 2 others · Permanent representatives: John C. Martin, Francis PENNEQUIN and Ivo Claeys · Appointments: DISPRIMMO (director) and OPTIMMO SA (administrateur délégué, chargé de la gestion journalière)17 facts ▸
  • General meeting, 29-05-2013
  • Director resignation, Louis van der Taelen (director)
  • Director reappointment, OPTIMMO SA (director)
  • Permanent representative, John C. Martin
  • Director reappointment, Alain Prigogine (director)
  • Director reappointment, Daniel SAMSON (director)
  • Director reappointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Director appointment, DISPRIMMO (director)
  • Permanent representative, Ivo Claeys
  • Board composition, OPTIMMO SA (director)
  • Board composition, Alain Prigogine (director)
  • +5 further facts in this act
2012
13-11
State Gazette act Resignations & appointments
Power of attorney · Mandate term4 facts ▸
  • Power of attorney, Francesco DE PASCALE
  • Power of attorney, Christophe VOET
  • Mandate term, 30-06-2013
  • Mandate term, 30-06-2013
01-08
State Gazette act Resignations & appointments
Power of attorney · Mandate term4 facts ▸
  • Power of attorney, Francesco DE PASCALE
  • Power of attorney, Christophe VOET
  • Mandate term, 30-06-2013
  • Mandate term, 30-06-2013
17-07
State Gazette act Reappointments: OPTIMMO, Louis van der Taelen and Alain Prigogine
Permanent representatives: John C. Martin and Francis PENNEQUIN · Appointments: Daniel SAMSON, NOLICIS ENTERPRISE and OPTIMMO15 facts ▸
  • General meeting, 26-06-2012
  • Director reappointment, OPTIMMO (director)
  • Director reappointment, Louis van der Taelen (director)
  • Director reappointment, Alain Prigogine (director)
  • Permanent representative, John C. Martin
  • Director appointment, Daniel SAMSON (director)
  • Director appointment, NOLICIS ENTERPRISE (director)
  • Permanent representative, Francis PENNEQUIN
  • Board composition, OPTIMMO (director)
  • Board composition, Louis van der Taelen (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Daniel SAMSON (director)
  • +3 further facts in this act
2011
29-09
State Gazette act Resignation: Laurent STROOBANTS (mandataire spécial à la gestion journalière)
Appointment: Andy DUBRAI (directeur de l'hôtel martin's central park) · Permanent representative: John C. Martin · Power of attorney5 facts ▸
  • Board meeting, 24-06-2011
  • Director resignation, Laurent STROOBANTS (mandataire spécial à la gestion journalière)
  • Director appointment, Andy DUBRAI (directeur de l'hôtel martin's central park)
  • Power of attorney, Andy DUBRAI
  • Permanent representative, John C. Martin
09-08
State Gazette act Resignations & appointments
Power of attorney · Mandate term6 facts ▸
  • Power of attorney, Francis PENNEQUIN
  • Power of attorney, Francesco DE PASCALE
  • Power of attorney, Christophe VOET
  • Mandate term, 30-06-2012
  • Mandate term, 30-06-2012
  • Mandate term, 30-06-2012
14-07
State Gazette act Reappointments: Peter Martin, Louis van der Taelen and Alain Prigogine
Appointments: OPTIMMO SA, Bruno VanDenBosch & Co and André FRANCOIS · Permanent representatives: John C. Martin, Bruno Van Den Bosch and André Francois17 facts ▸
  • General meeting, 24-06-2011
  • Director reappointment, Peter Martin (director)
  • Director reappointment, Louis van der Taelen (director)
  • Director reappointment, Alain Prigogine (director)
  • Director appointment, OPTIMMO SA (director)
  • Permanent representative, John C. Martin
  • Board composition, OPTIMMO SA (director)
  • Board composition, Peter Martin (director)
  • Board composition, Louis van der Taelen (director)
  • Board composition, Alain Prigogine (director)
  • Auditor appointment, Bruno VanDenBosch & Co (statutory auditor)
  • Auditor appointment, André FRANCOIS (statutory auditor)
  • +5 further facts in this act
2010
30-06
State Gazette act Appointment: Laurent STROOBANTS (directeur de l'hôtel martin's central park)
Resignation: Thibault Dodion (directeur de l'hôtel martin's central park) · Power of attorney · Mandate term5 facts ▸
  • Board meeting, 26-05-2010
  • Director appointment, Laurent STROOBANTS (directeur de l'hôtel martin's central park)
  • Director resignation, Thibault Dodion (directeur de l'hôtel martin's central park)
  • Power of attorney, Laurent STROOBANTS
  • Mandate term, durée indéterminée
19-05
State Gazette act Resignations & appointments
Power of attorney4 facts ▸
  • Power of attorney, Francis PENNEQUIN
  • Power of attorney, Francesco DE PASCALE
  • Power of attorney, Thibault DODION
  • Power of attorney, Patrick BONTINCK
16-04
State Gazette act Appointments: Louis Van Der Taelen (director) and John C. Martin (managing director)
7 facts ▸
  • General meeting, 10-03-2010
  • Director appointment, Louis Van Der Taelen (director)
  • Board composition, John C. Martin (director)
  • Board composition, Peter Martin (director)
  • Board composition, Alain Prigogine (director)
  • Board composition, Louis Van Der Taelen (director)
  • Director appointment, John C. Martin (managing director)
2008
30-12
State Gazette act Appointment: Thibault DODION (mandataire spécial pour la gestion journalière des exploitations hôtelières)
Capital increase · Bank account · Net-asset statement16 facts ▸
  • General meeting, 15-12-2008
  • Capital increase, €115.000,29
  • Bank account, 088-2436988-52
  • Net-asset statement, 30-09-2008
  • Legal-form conversion, Société Anonyme
  • Name change, MARTIN'S BRUSSELS
  • Purpose change, Modification de l'article 3
  • Statutes amendment
  • Statutes amendment
  • Director appointment, Thibault DODION (mandataire spécial pour la gestion journalière des exploitations hôtelières)
  • Power of attorney, Patrick BONTINCK
  • Power of attorney, Francis PENNEQUIN
  • +4 further facts in this act
04-08
State Gazette act Reappointments: John C. Martin, Peter Martin and Alain Prigogine
Appointments: Bruno VanDenBosch & Co, André FRANCOIS and John C. Martin · Permanent representatives: Bruno Van Den Bosch and André François15 facts ▸
  • General meeting, 06-06-2008
  • Director reappointment, John C. Martin (director)
  • Director reappointment, Peter Martin (director)
  • Director reappointment, Alain Prigogine (director)
  • Board composition, John C. Martin (director)
  • Board composition, Peter Martin (director)
  • Board composition, Alain Prigogine (director)
  • Auditor appointment, Bruno VanDenBosch & Co (statutory auditor)
  • Permanent representative, Bruno Van Den Bosch
  • Auditor appointment, André FRANCOIS (statutory auditor)
  • Permanent representative, André François
  • Board meeting, 06-06-2008
  • +3 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
29 of 29 acts read

Directors · office · real estate

Directors
17 directors, no change since 2026
CERVO HOSPITALITY
Director · since 15-09-2026 · Private limited company · perm. rep.: John Gabriel MARTIN
Current
SPARAXIS
Director · since 31-05-2023 · Public limited company · perm. rep.: Isabelle Devos
Current
HOLMAR
Director · since 27-05-2020 · Public limited company · perm. rep.: Michaël Jacques de Dixmude
Current
JOHN MARTIN
Director · since 27-05-2020 · Public limited company · perm. rep.: Serge De Milt
Current
NOLICIS ENTERPRISE
Director · since 26-06-2012 · Private limited company · perm. rep.: Francis PENNEQUIN
Current
OPTIMMO
Director · since 24-06-2011 · Public limited company · perm. rep.: John C. Martin
Current
11 other directors
Alain Prigogine
Director · since 06-06-2008
Current
HOLMAR
Director · Legal entity · perm. rep.: Nicolas Lemaire
Current
JOHN MARTIN
Director · Legal entity · perm. rep.: Olivier Peeters
Current
OPTIMMO
Director · Legal entity · perm. rep.: John C. Martin
Current
SPARAXIS
Director · Legal entity · perm. rep.: Isabelle Devos
Current
Serge De Milt
Director · since 29-05-2019
Not recently confirmed
DISPRIMO
Director · since 29-05-2013 · Public limited company · perm. rep.: Ivo Claeys
Not recently confirmed
Stijn BESCHUYT
General manager de l'hôtel martin's brussels eu · since 06-04-2016
Not recently confirmed
OPTIMMO
Director · since 26-06-2012 · Legal entity · perm. rep.: John C. Martin
Not recently confirmed
Peter Martin
Director · since 06-06-2008
Not recently confirmed
John C. Martin
Managing director · since 06-06-2008
Not recently confirmed
15-09-2026 CERVO HOSPITALITY: Appointed as Director
15-09-2026 NOLICIS: Resigned as Director
31-05-2023 SPARAXIS: Appointed as Director
31-05-2023 HOLMAR: Mandate renewed as Director
31-05-2023 JOHN MARTIN: Mandate renewed as Director
Full history in the Timeline (60 changes) →
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 1991
seat establishment All 2 establishment units on the map
Ground area
3,420 m²
Building footprint
2,267 m²
Volume, LiDAR
14,661 m³
2 parcels, Brussels, Wallonia · tallest building 36.6 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
MARTIN'S BRUSSELS EU
Karel de Grotelaan 80, 1000 BrusselNACE 5530105
since 19912.051.812.294
MARTIN'S DREAM
Rue de la Grande Triperie 17, 7000 MonsHotels and similar accommodation
since 20192.285.708.592
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
53053H0613/00W000 Wallonia 2,281 m² 1 · 1,442 m² -
21806F0280/00K006 Brussels 1,139 m² 1 · 825 m² 36.6 m · 8 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

2 auditors
André FRANCOISCurrent
Auditor
06-06-2008 → present
BRUNO VANDENBOSCH & CoCurrent
Auditor · represented by Bruno Van Den Bosch
06-06-2008 → present

Articles of association

Purpose
La gestion et l’exploitation d’hôtels, pouvant comprendre un restaurant, un bar, des salles de séminaires et de fêtes et un centre de fitness, la gestion et l’exploitation de toute…
Full purpose

La gestion et l’exploitation d’hôtels, pouvant comprendre un restaurant, un bar, des salles de séminaires et de fêtes et un centre de fitness, la gestion et l’exploitation de toute activité assimilée liée ou complémentaires à l’hôtellerie, l’ hébergement et la restauration, et généralement toute activité dans le secteur horeca et entreprise horeca; Ceci tant en tant que commerçant principal, intermédiaire, courtier, agent commissionnaire, concessionnaire ou dépositaire, comme entrepreneur principal ou sous-traitant. La société peut effectuer toute opération mobilière et immobilière, industrielle, commerciale, financière, qui sont en rapport avec son objet, et poser tout acte qui peut directement ou indirectement faciliter la réalisation de ‘objet social. Elle pourra en outre participer directement ou indirectement au fonctionnement d’autres sociétés ou entreprise ayant le même objet ou un objet équivalent ou similaire, ou qui exerce une telle activité que la collaboration avec cette société ou entreprise peut être utile pour la société constituée par les présents statuts, et ceci par apport, fusion, coopération, participation ou tout autre moyen ; La société peut effectuer des prêts à des tiers ou constituer des garanties au profit de tiers.

Structure & network

Connections & network

7 connected companies
ANDEL, 7 shared directors AANDELBrussels Hotels Association, Shared director BHBrussels HotelsAssociationKNK, Shared director KKNKMARTIN'S BRUGGE, 8 shared directors MBMARTIN'SBRUGGEMARTIN'S HOTELS, 9 shared directors MHMARTIN'SHOTELSOPTIMMO, Shared director OOPTIMMOGEN IMMO, Shared corporate director GIGEN IMMOMARTIN'S BRUSSELS MARTIN'SBRUSSELS0443.093.723
Shared directors
Linked via shared directors
ANDEL
Shared director
KNK
Shared director
MARTIN'S BRUGGE
Shared director
Show 3 more companies with a shared director
MARTIN'S HOTELS
Shared director
OPTIMMO
Shared director
GEN IMMO
Shared corporate director

Capital and shareholders

Capital over the years
  1. 25-11-2020 Capital stated in the act · 458,511.30 EUR · 184,963 shares
  2. 30-12-2008 Capital increase of 115,000.29 EUR · to 458,511.30 EUR · 46,391 new shares

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Brussel2.051.812.294
3 permissions
Imker - apicultuurproducten · since 17-04-2020
Imker - houden bijen · since 17-04-2020
Toelating · Eetgelegenheid · since 01-01-2006
Mons2.285.708.592
1 permission
Toelating · Eetgelegenheid · since 01-10-2019

Similar companies · same sector, comparable size

Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 520 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded05-03-1991
Fiscal year end31-12
Abbreviation FR MBXL
Activities, NACEBEL 2025
55100Hotels and similar accommodation
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 29 actsNational Bank · 34 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.