AB - MATIC
ActiveSummary
AB - MATIC has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €36,487. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+7
Solvency56▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.41 in 2024; short-term debt: 28% and cash: 3% of total assets), and 69.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.6%
Return on assets
1%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
26 d late
2023
48 d late
2022
3 d early
2021
23 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36,487▲ 30.9%
2024 · €27,870
Working capital
€353,266▼ 22.8%
2024 · €457,501
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€222,512▲ 86.7%€15,601▼ 93.0%€641,258▲ 4,010%€145,034▼ 77.4%€121,467▼ 16.2%
Net result€143,939within the sector's middle half▲ 51.8%-€19,088below the sector's middle half€490,413above the sector's middle half€27,870within the sector's middle half▼ 94.3%€36,487within the sector's middle half▲ 30.9%
Equity€596,323within the sector's middle half▲ 31.8%€577,234within the sector's middle half▼ 3.2%€1.1mwithin the sector's middle half▲ 85.0%€1.1mwithin the sector's middle half▲ 2.6%€1.1mwithin the sector's middle half▲ 0.6%
Total assets€2.3mwithin the sector's middle half▲ 10.6%€3.0mabove the sector's middle half▲ 33.4%€4.0mabove the sector's middle half▲ 30.0%€3.9mabove the sector's middle half▼ 2.8%€3.6mwithin the sector's middle half▼ 6.6%
Debt€1.7m▲ 4.7%€2.5m▲ 46.4%€2.8m▲ 12.8%€2.7m▼ 4.8%€2.4m▼ 9.6%
Working capital€549,499within the sector's middle half▲ 54.6%€248,178within the sector's middle half▼ 54.8%€473,874within the sector's middle half▲ 90.9%€457,501within the sector's middle half▼ 3.5%€353,266within the sector's middle half▼ 22.8%
Solvency26.1%within the sector's middle half▲ 4.2pp18.9%below the sector's middle half▼ 7.2pp26.9%within the sector's middle half▲ 8.0pp28.4%within the sector's middle half▲ 1.5pp30.6%within the sector's middle half▲ 2.2pp
Current ratio1.50within the sector's middle half▲ 0.171.18within the sector's middle half▼ 0.311.39within the sector's middle half▲ 0.211.41within the sector's middle half▲ 0.021.35within the sector's middle half▼ 0.06
Return on assets (ROA)6.3%within the sector's middle half▲ 1.7pp-0.6%below the sector's middle half▼ 6.9pp12.4%above the sector's middle half▲ 13.0pp0.7%within the sector's middle half▼ 11.7pp1.0%within the sector's middle half▲ 0.3pp
Staff (FTE)15.6above the sector's middle half▼ 0.6%13.5above the sector's middle half▼ 13.5%13.1above the sector's middle half▼ 3.0%13.8above the sector's middle half▲ 5.3%13within the sector's middle half▼ 5.8%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets
€2.2m ▼ 1.5%
Current assets
€1.4m ▼ 13.0%
Equity and liabilities €3.6m
Equity
€1.1m ▲ 0.6%
Provisions
€99,512 ▼ 4.3%
Debt
€2.4m ▼ 9.6%
Debt's share of the balance-sheet total falls from 68.9% to 66.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€347,090▼
2024 · €365,284
Cash flow
€262,111▲
2024 · €248,120
Quick ratio
0.53▼
2024 · 0.69
Debt to equity
2.18▼
2024 · 2.42
ROE
3.3%▲
2024 · 2.5%
Interest coverage
4.53▲
2024 · 3.74
Debt ≤ 1 year
€1.0m▼
2024 · €1.1m
Debt > 1 year
€1.4m▼
2024 · €1.5m
Income taxes
€24,916▼
2024 · €25,101
Staff costs
€949,743▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €908,350 | €841,967 | €890,551 | €1.0m | €949,743 | ▼ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €169,971 | €244,859 | €170,916 | €220,250 | €225,624 | ▲ 2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,256 | €0 | €3,020 | €5,161 | ▲ 70.9% |
| Other operating charges640/8 | €26,557 | €28,959 | €63,839 | €20,682 | €35,135 | ▲ 69.9% |
| Operating charges capitalised as restructuring costs649 | - | - | -€71,680 | €0 | - | - |
| Gross operating margin9900 | €1.3m | €1.1m | €1.7m | €1.4m | €1.3m | ▼ 3.9% |
| Operating profit (loss)9901 | €222,512 | €15,601 | €641,258 | €145,034 | €121,467 | ▼ 16.2% |
| Financial income75/76B | €1,549 | €1,338 | €26,399 | €1,261 | €12,116 | ▲ 861% |
| Recurring financial income75 | €1,549 | €1,338 | €26,399 | €1,261 | €12,116 | ▲ 861% |
| Financial charges65/66B | €22,117 | €29,956 | €58,004 | €97,749 | €76,605 | ▼ 21.6% |
| Recurring financial charges65 | €20,757 | €29,956 | €58,004 | €97,749 | €76,605 | ▼ 21.6% |
| Non-recurring financial charges66B | €1,360 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €201,943 | -€13,017 | €609,652 | €48,546 | €56,978 | ▲ 17.4% |
| Transfer from deferred taxes780 | - | - | €2,275 | €4,426 | €4,426 | = |
| Transfer to deferred taxes680 | - | - | €110,638 | €0 | - | - |
| Income taxes67/77 | €58,004 | €6,071 | €10,877 | €25,101 | €24,916 | ▼ 0.7% |
| Profit (loss) for the period9904 | €143,939 | -€19,088 | €490,413 | €27,870 | €36,487 | ▲ 30.9% |
| Transfer from tax-exempt reserves789 | - | - | €9,099 | €17,702 | €17,702 | = |
| Transfer to tax-exempt reserves689 | - | - | €442,551 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €143,939 | -€19,088 | €56,961 | €45,572 | €54,189 | ▲ 18.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €3.0m | €4.0m | €3.9m | €3.6m | ▼ 6.6% |
| Formation expenses20 | - | - | €70,462 | €56,126 | €41,790 | ▼ 25.5% |
| Fixed assets21/28 | €630,683 | €1.4m | €2.2m | €2.2m | €2.2m | ▼ 1.5% |
| Intangible fixed assets21 | €104,102 | €82,726 | €54,389 | €43,968 | €42,954 | ▼ 2.3% |
| Tangible fixed assets22/27 | €526,430 | €1.4m | €2.1m | €2.2m | €2.2m | ▼ 1.5% |
| Land and buildings22 | €220,437 | €1.1m | €2.0m | €2.0m | €2.0m | ▲ 0.1% |
| Plant, machinery and equipment23 | €99,633 | €63,810 | €40,854 | €41,984 | €56,256 | ▲ 34.0% |
| Furniture and vehicles24 | €206,360 | €168,254 | €141,565 | €122,254 | €91,622 | ▼ 25.1% |
| Leasing and similar rights25 | - | - | - | €68,370 | €49,737 | ▼ 27.3% |
| Financial fixed assets28 | €152 | €152 | €152 | €152 | €152 | = |
| Current assets29/58 | €1.7m | €1.6m | €1.7m | €1.6m | €1.4m | ▼ 13.0% |
| Stocks and contracts in progress3 | €822,905 | €918,102 | €985,102 | €797,400 | €823,399 | ▲ 3.3% |
| Stocks30/36 | €552,510 | €629,597 | €644,305 | €548,260 | €651,651 | ▲ 18.9% |
| Contracts in progress37 | €270,395 | €288,505 | €340,797 | €249,140 | €171,748 | ▼ 31.1% |
| Amounts receivable within one year40/41 | €515,696 | €571,601 | €418,588 | €555,687 | €398,152 | ▼ 28.3% |
| Trade receivables40 | €483,096 | €526,507 | €392,410 | €504,044 | €355,890 | ▼ 29.4% |
| Other amounts receivable41 | €32,600 | €45,094 | €26,179 | €51,643 | €42,263 | ▼ 18.2% |
| Cash at bank and in hand54/58 | €290,156 | €54,914 | €226,048 | €162,665 | €106,923 | ▼ 34.3% |
| Deferred charges and accrued income490/1 | €24,900 | €56,995 | €62,944 | €50,441 | €33,514 | ▼ 33.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €3.0m | €4.0m | €3.9m | €3.6m | ▼ 6.6% |
| Equity10/15 | €596,323 | €577,234 | €1.1m | €1.1m | €1.1m | ▲ 0.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €534,323 | €515,234 | €1.0m | €1.0m | €1.0m | ▲ 0.6% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | €433,452 | €415,750 | €398,048 | ▼ 4.3% |
| Distributable reserves133 | €528,123 | €509,034 | €565,995 | €611,567 | €635,756 | ▲ 4.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | €108,363 | €103,937 | €99,512 | ▼ 4.3% |
| Deferred taxes168 | - | - | €108,363 | €103,937 | €99,512 | ▼ 4.3% |
| Amounts payable17/49 | €1.7m | €2.5m | €2.8m | €2.7m | €2.4m | ▼ 9.6% |
| Amounts payable after more than one year17 | €573,407 | €1.1m | €1.6m | €1.5m | €1.4m | ▼ 8.9% |
| Financial debts170/4 | €73,407 | €767,359 | €1.3m | €1.2m | €1.1m | ▼ 9.3% |
| Other amounts payable178/9 | €500,000 | €350,000 | €305,000 | €308,598 | €285,841 | ▼ 7.4% |
| Amounts payable within one year42/48 | €1.1m | €1.4m | €1.2m | €1.1m | €1.0m | ▼ 9.0% |
| Current portion of amounts payable after more than one year42 | €74,278 | €138,523 | €170,635 | €170,319 | €180,111 | ▲ 5.7% |
| Financial debts43 | €325,000 | €250,000 | €325,000 | €325,000 | €315,000 | ▼ 3.1% |
| Credit institutions430/8 | €325,000 | €250,000 | €325,000 | €325,000 | €315,000 | ▼ 3.1% |
| Trade debts44 | €313,119 | €274,272 | €371,943 | €340,645 | €285,923 | ▼ 16.1% |
| Suppliers440/4 | €313,119 | €274,272 | €371,943 | €340,645 | €285,923 | ▼ 16.1% |
| Taxes, remuneration and social security45 | €135,436 | €155,944 | €189,601 | €138,300 | €120,922 | ▼ 12.6% |
| Taxes450/3 | €44,531 | €64,458 | €22,623 | €21,226 | €28,417 | ▲ 33.9% |
| Remuneration and social security454/9 | €90,905 | €91,485 | €166,978 | €117,074 | €92,505 | ▼ 21.0% |
| Other amounts payable47/48 | €256,325 | €534,697 | €161,630 | €134,427 | €106,768 | ▼ 20.6% |
| Accrued charges and deferred income492/3 | €10,453 | €248 | €85 | €20,950 | €1,493 | ▼ 92.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €143,939 | -€19,088 | €490,413 | €27,870 | €36,487 | ▲ 30.9% |
| + Depreciation and write-downs630 | €169,971 | €244,859 | €170,916 | €220,250 | €225,624 | ▲ 2.4% |
| Operating cash flow (approximation) | €313,911 | €225,771 | €661,329 | €248,120 | €262,111 | ▲ 5.6% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€924,393 | -€249,969 | -€191,696 | ▲ 23.3% |
| Change in cash | - | -€235,241 | €171,133 | -€63,383 | -€55,742 | ▲ 12.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 48 days late
2023
31-12
Financial
Back to profitnet €490,413
Net result €490,413 after one loss-making year.
31-12
Financial
Equity above €1mEq €1.1m ▲85%
Equity rises from €577,234 to €1.1m.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Equity above €500,000Eq €596,323 ▲31.8%
3 profitable years in a row build equity to €596,323.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €94,260
Net result €94,260 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2009
Ground area
3,251 m²
Building footprint
1,358 m²
Volume, LiDAR
8,176 m³
Parcel 71352D0215/00R003, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AB-MATIC
since 20092.177.929.122
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0215/00R003 | Flanders | 3,251 m² | 1 · 1,358 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 36,660 EUR awarded · 36,462 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 22,139 EUR | 21,941 EUR |
| 2024 | 1 | 8,618 EUR | 8,618 EUR |
| 2023 | 1 | 0 EUR | 4,500 EUR |
| 2022 | 2 | 5,903 EUR | 1,403 EUR |
Recognitions · licences · registrations
Recognised contractor
9 categoriesAB - MATIC NV46454
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Company details
Identification
Legal formPublic limited company
Founded11-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
25110Manufacture of metal structures and parts of structures
43211General electrical installation work
43320Joinery installation
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
Contact
E-mail
alex@ab-matic.beSint-Truiden
Phone
011/593350Sint-Truiden
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472722768
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.