NORMAL SITUATION

Martin Racing Team

Company — Normal situation.

Financial year 2021 · Closed on 27/12/2021

Net result-47,2 k €+78,2 %over 1 year
Gross margin11,8 k €+110,0 %over 1 year
Equity236,4 k €-16,6 %over 1 year
Workforce0,1 ETP-83,3 %over 1 year

Identity

Source · BCE/KBO

Martin Racing Team is a company registered in Belgium. It employs on average 0,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.642.357
Legal form
Public limited company
Contributed capital
500 000,00 €
Latest accounts
27/12/2021
Average workforce
0,1 ETP
Signals
Solid equityHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 2 financial years

20212020
Income statement
Gross margin11,8 k €-117,6 k €
EBITDA-47,1 k €-195,1 k €
Operating result-47,1 k €-213,8 k €
Net result-47,2 k €-216,4 k €
Balance sheet
Equity236,4 k €283,6 k €
Total assets236,4 k €320,1 k €
Cash233,8 k €76,1 k €
Debts–36,5 k €
Other
Workforce0,1 ETP0,6 ETP

Board of directors

Source · NBB, accounts to 27/12/2021

3 active

Active mandates

Jean-Michel Martin

Director · since 26 septembre 2019

Active
Maxime Martin

Director · since 26 septembre 2019

Active
Thomas Rudy Matton

Director · since 26 septembre 2019

Active

Full financial information

Source · NBB
20212020
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202103/10/2019
Closing of the financial year27/12/202131/12/2020
Length of the financial year12 months15 months
Filing date24/06/202220/08/2021
General meeting27/12/202112/06/2021
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model27/12/202127/12/202124/06/2022FrenchPDF
Abridged modelCorrection31/12/202012/06/202120/08/2021FrenchPDF
Abridged model31/12/202012/06/202129/07/2021FrenchPDF

Indicative valuation

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 27/12/2021

3 active

Active mandates

Jean-Michel Martin

Director · since 26 septembre 2019

Active
Maxime Martin

Director · since 26 septembre 2019

Active
Thomas Rudy Matton

Director · since 26 septembre 2019

Active

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution20/01/2022
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/03/2021
    SIEGE SOCIAL
    PDF
  • Other07/10/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-47,2 k €↑
  2. 2020
    Annual accounts 2020-216,4 k €