ACTIVE

MARTIN'S HOTELS

Financial year 2024 · Closed on 31/12/2024

Net result-753,9 k €+68,0 %over 1 year
Revenue31,1 M €+1,5 %over 1 year
Equity6,9 M €-10,1 %over 1 year
Workforce239,6 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

MARTIN'S HOTELS is a Public limited company incorporated in 1982. Its registered office is in Rixensart. It employs on average 239,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.825.374
Incorporation
05/07/1982
Legal form
Public limited company
Registered office
Avenue du Lac 87
1332 Rixensart · WallonieSee on map
Contributed capital
9 064 493,93 €
Latest accounts
31/12/2024
Average workforce
239,6 ETP
Joint committees (1)
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 15 financial years

20242023202220212019
Income statement
Revenue31,1 M €30,7 M €30,9 M €18,5 M €34 M €
EBITDA1,3 M €-252,6 k €7,1 M €-166 k €2,3 M €
Operating result-49,8 k €-1,6 M €5,5 M €-1,1 M €606,2 k €
Net result-753,9 k €-2,4 M €4,9 M €-1,6 M €-68,2 k €
Balance sheet
Equity6,9 M €7,7 M €10,1 M €8,5 M €13,4 M €
Total assets25,4 M €28,5 M €33,4 M €27,3 M €32,8 M €
Cash1,2 M €2,8 M €7 M €4,8 M €3,6 M €
Debts18,2 M €20,5 M €22,7 M €18,4 M €19,3 M €
Other
Workforce239,6 ETP253,5 ETP264,4 ETP262,2 ETP293,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

6 active · 41 ended

Active mandates

Alain PRIGOGINE

Director · since 31 mai 2023 · until 27 mai 2026

Active
HOLMAR

Director · since 31 mai 2023 · until 27 mai 2026 · 0444.374.717

Represented by Nicolas LEMAIRE

Active
JOHN MARTIN

Director · since 31 mai 2023 · until 27 mai 2026 · 0429.062.573

Represented by Frédéric ADRIAENS

Active
NOLICIS ENTERPRISE

Director · since 31 mai 2023 · until 27 mai 2026 · 0879.062.203

Represented by Francis PENNEQUIN

Active
OPTIMMO

Managing director · since 31 mai 2023 · until 27 mai 2026 · 0437.226.906

Represented by John C. MARTIN

Active
Wallonie Entreprendre

Director · since 31 mai 2023 · until 27 mai 2026 · 0793.630.244

Represented by Isabelle DEVOS

Active

Ended mandates

SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS

Director · since 03 mars 2021 · until 31 mai 2023 · 0426.887.397

Represented by Isabelle DEVOS

Ended
Alain PRIGOGINE

Director · since 27 mai 2020 · until 31 mai 2023

Ended
DISPRIMO

Director · since 27 mai 2020 · until 31 mai 2023 · 0429.980.115

Represented by Michaël JACQUES DE DIXMUDE

Ended
HOLMAR

Director · since 27 mai 2020 · until 31 mai 2023 · 0444.374.717

Represented by Nicolas LEMAIRE

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202520/06/202428/06/202310/06/202215/06/202117/06/2020
General meeting28/05/202529/05/202431/05/202325/05/202226/05/202127/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202428/05/202503/07/2025FrenchPDF
Full model31/12/202329/05/202420/06/2024FrenchPDF
Full model31/12/202231/05/202328/06/2023FrenchPDF
Full model31/12/202125/05/202210/06/2022FrenchPDF
Full model31/12/202026/05/202115/06/2021FrenchPDF
Full model31/12/201927/05/202017/06/2020FrenchPDF
Full model31/12/201829/05/201927/06/2019FrenchPDF
Full model31/12/201730/05/201826/06/2018FrenchPDF
Full model31/12/201631/05/201729/06/2017FrenchPDF
Full model31/12/201525/05/201604/07/2016FrenchPDF
Full model31/12/201427/05/201529/06/2015FrenchPDF
Full model31/12/201328/05/201430/06/2014FrenchPDF
Full model31/12/201229/05/201327/06/2013FrenchPDF
Full model31/12/201126/06/201227/06/2012FrenchPDF
Full model31/12/201024/06/201127/06/2011FrenchPDF
Full model31/12/200926/05/201028/06/2010FrenchPDF
Full model31/12/200827/05/200930/06/2009FrenchPDF
Full model31/12/200728/05/200827/06/2008FrenchPDF
Full model31/12/200630/05/200710/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

6 active · 41 ended

Active mandates

Alain PRIGOGINE

Director · since 31 mai 2023 · until 27 mai 2026

Active
HOLMAR

Director · since 31 mai 2023 · until 27 mai 2026 · 0444.374.717

Represented by Nicolas LEMAIRE

Active
JOHN MARTIN

Director · since 31 mai 2023 · until 27 mai 2026 · 0429.062.573

Represented by Frédéric ADRIAENS

Active
NOLICIS ENTERPRISE

Director · since 31 mai 2023 · until 27 mai 2026 · 0879.062.203

Represented by Francis PENNEQUIN

Active
OPTIMMO

Managing director · since 31 mai 2023 · until 27 mai 2026 · 0437.226.906

Represented by John C. MARTIN

Active
Wallonie Entreprendre

Director · since 31 mai 2023 · until 27 mai 2026 · 0793.630.244

Represented by Isabelle DEVOS

Active

Ended mandates

SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS

Director · since 03 mars 2021 · until 31 mai 2023 · 0426.887.397

Represented by Isabelle DEVOS

Ended
Alain PRIGOGINE

Director · since 27 mai 2020 · until 31 mai 2023

Ended
DISPRIMO

Director · since 27 mai 2020 · until 31 mai 2023 · 0429.980.115

Represented by Michaël JACQUES DE DIXMUDE

Ended
HOLMAR

Director · since 27 mai 2020 · until 31 mai 2023 · 0444.374.717

Represented by Nicolas LEMAIRE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/08/2026
    Nominations
    PDF
  • Other12/08/2026
    Délégation journalière
    PDF
  • Mandates01/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/06/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-753,9 k €↑
  2. 2023
    Annual accounts 2023-2,4 M €↓
  3. 2022
    Annual accounts 20224,9 M €↑
  4. 2021
    Annual accounts 2021-1,6 M €↓
  5. 2019
    Annual accounts 2019-68,2 k €↑
  6. 2018
    Annual accounts 2018-176,1 k €↓
  7. 2017
    Annual accounts 20171,6 M €↑
  8. 2016
    Annual accounts 2016640,5 k €↑
  9. 2015
    Annual accounts 2015345,6 k €↓
  10. 2014
    Annual accounts 20143 M €↑
  11. 2013
    Annual accounts 201368,5 k €↑
  12. 2012
    Annual accounts 2012-895,6 k €↓
  13. 2011
    Annual accounts 20111,1 M €↑
  14. 2010
    Annual accounts 2010-786,5 k €↑
  15. 2008
    Annual accounts 2008-1,1 M €
  16. 05/07/1982
    IncorporationPublic limited company