ACTIVE

MARTIN SANITAIR

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Financial year 2025 · closed on 30/06/2025
Net result
8,6 k €
-66.5% YoY
Gross margin
223,2 k €
+14.1% YoY
Equity
390,2 k €
-1.1% YoY

What does MARTIN SANITAIR do?

MARTIN SANITAIR is a Private limited company incorporated in 2011. Its main activity is: Electrical installation. Its registered office is in Mechelen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0841.802.721
Incorporation
09/12/2011
Legal form
Private limited company
Registered office
Schorsmolenstraat 48
2800 Mechelen · FlandreSee on map
Contributed capital
20 460,00 €
Latest accounts
30/06/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin223,2 k €195,6 k €284,6 k €194,7 k €188,2 k €190,4 k €158 k €113,7 k €247,9 k €286,4 k €346,4 k €270,8 k €299,8 k €118,4 k €
EBITDA25,7 k €50,3 k €153,8 k €83 k €73,5 k €92,7 k €44,7 k €18,8 k €69,8 k €36,1 k €103,1 k €22,8 k €86,2 k €33,1 k €
Operating result20,1 k €43,8 k €146,3 k €71,9 k €10,1 k €71,6 k €25,6 k €9,3 k €57 k €27,5 k €92,7 k €11,9 k €73,8 k €29,8 k €
Net result8,6 k €25,6 k €114,5 k €57,4 k €5,1 k €45,9 k €13 k €7,1 k €52 k €24,3 k €89,3 k €7,3 k €59,4 k €32 k €
Balance sheet
Equity390,2 k €394,5 k €368,8 k €304,4 k €268 k €262,9 k €219,5 k €194,1 k €187 k €159 k €158,7 k €104,9 k €97,6 k €38,2 k €
Total assets566,3 k €548,6 k €598,7 k €456,3 k €372,5 k €523,3 k €439,2 k €401,6 k €341,4 k €330,5 k €279,1 k €241,6 k €293,6 k €168,6 k €
Cash5,4 k €3,6 k €1,3 k €17,9 k €1,8 k €–21,4 k €5,1 k €4 k €2 k €9,6 k €16,1 k €312,4 €26,8 k €
Debts176 k €154,1 k €229,8 k €151,9 k €104,5 k €260,4 k €219,8 k €207,4 k €154,3 k €171,3 k €120,4 k €136,8 k €195,9 k €130,4 k €
Other
Workforce––––––––––5,6 ETP5,6 ETP4,2 ETP3,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active

Active mandates

Fariël Wakidin

Mandate

Active
Martin Blondiau

Mandate

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/01/202609/01/202526/01/202431/01/202328/01/202228/01/2021
General meeting28/11/202524/11/202402/01/202425/11/202231/12/202131/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202528/11/202519/01/2026DutchPDF
Micro model30/06/202424/11/202409/01/2025DutchPDF
Micro model30/06/202302/01/202426/01/2024DutchPDF
Micro model30/06/202225/11/202231/01/2023DutchPDF
Micro model30/06/202131/12/202128/01/2022DutchPDF
Micro model30/06/202031/12/202028/01/2021DutchPDF
Micro model30/06/201929/11/201912/01/2020DutchPDF
Micro model30/06/201830/11/201818/12/2018DutchPDF
Micro model31/12/201725/05/201821/08/2018DutchPDF
Micro model31/12/201626/05/201722/08/2017DutchPDF
Abridged model31/12/201527/05/201605/09/2016DutchPDF
Abridged model31/12/201430/06/201529/08/2015DutchPDF
Abridged model31/12/201330/06/201418/12/2014DutchPDF
Abridged model30/09/201225/01/201314/03/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active

Active mandates

Fariël Wakidin

Mandate

Active
Martin Blondiau

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/08/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/07/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other10/10/2013
    DOEL - BOEKJAAR
    PDF
  • Other27/12/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20258,6 k €↓
  2. 2024
    Annual accounts 202425,6 k €↓
  3. 2023
    Annual accounts 2023114,5 k €↑
  4. 2022
    Annual accounts 202257,4 k €↑
  5. 2021
    Annual accounts 20215,1 k €↓
  6. 2020
    Annual accounts 202045,9 k €↑
  7. 2019
    Annual accounts 201913 k €↑
  8. 2018
    Annual accounts 20187,1 k €↓
  9. 2017
    Annual accounts 201752 k €↑
  10. 2016
    Annual accounts 201624,3 k €↓
  11. 2015
    Annual accounts 201589,3 k €↑
  12. 2014
    Annual accounts 20147,3 k €↓
  13. 2013
    Annual accounts 201359,4 k €↑
  14. 2012
    Annual accounts 201232 k €
  15. 09/12/2011
    IncorporationPrivate limited company