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BALLOEY MATTHIAS

Active
Private limited companyfounded 2020active for 6 yearsBoezingestraat 161, 8906 Ieper, BelgiumKBO/BCE: BE 0749.734.081

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BALLOEY MATTHIAS has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289,577 and a net result of €60,648. Equity has been growing by about 28% per year since 2021. Its solvency ranks better than 85% of 501 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 02-07-2020 Normal situation
Legal form
Private limited company
Registered office
Boezingestraat 161, 8906 Ieper
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture NACE 31004and 8 others
Establishment unit
2.305.597.354 8906 Ieper, since 02-07-2020
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board
  • Balloey MatthiasDirector

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€112,045
▲ 19.9%
Turnover
≈ €280,000
estimated
Profit
€60,648
▲ 30.0%
Equity
€289,577
▲ 26.5%
Total assets
€370,812
▲ 6.7%
2025 accounts filed 7 days before the deadline
Filed on 23-04-2026PDF
Score breakdownraises risk1 of the last 3 accounts lateFounded in 2020lowers riskLiquidity: current ratio 3.98, cash €62,651Equity €289,577 (78.1% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 100+9
equity 78.1% of total assets
Liquidity 65+7
short-term debt 19.5% · cash 16.9%
Profitability 89+3
return on assets 16.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.6%▲ +0.1 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.7%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 2.1%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 0.6%▼ -1.5 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.98 (2.58 in 2024), above the usual 1.5. Short-term debt is 19.5% and cash 16.9% of total assets. 21.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 31, micro). It does better than 91% of them on solvency, 66% on liquidity, 83% on profitability and 78% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.98, cash €62,651
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €289,577 (78.1% of total assets)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
7 days early
2024
1 day early
2023
61 days late
2022
23 days late
2021
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 17 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 10 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 91% of companies in furnituresector median €5,141 · 503 companies €60,648 View
  • Positive: 5 profitable years in a rowprofit 2025: €60,648 5 years View
  • Positive: Equity rose in 2025from €228,929 to €289,577 ▲ 26.5% View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about BALLOEY MATTHIAS

What is the company number of BALLOEY MATTHIAS?
The company number of BALLOEY MATTHIAS is 0749.734.081. The VAT number is the same number with BE in front: BE 0749.734.081.
Where is BALLOEY MATTHIAS based?
The registered office is at Boezingestraat 161, 8906 Ieper.Company details
What does BALLOEY MATTHIAS do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of BALLOEY MATTHIAS?
The legal form of BALLOEY MATTHIAS is Private limited company (BV).
When was BALLOEY MATTHIAS founded?
BALLOEY MATTHIAS was founded on 02-07-2020.
Is BALLOEY MATTHIAS still active?
Yes, BALLOEY MATTHIAS is an active enterprise in the KBO register.
What is the turnover of BALLOEY MATTHIAS?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €112,045 and 2,213 comparable companies of the same size. It probably lies between €190,000 and €430,000. It is a rough estimate. In financial year 2022 turnover was €239,701.Financials
Is BALLOEY MATTHIAS profitable?
In financial year 2025, BALLOEY MATTHIAS made a profit of €60,648.
Where can I find the annual accounts of BALLOEY MATTHIAS?
BALLOEY MATTHIAS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of BALLOEY MATTHIAS due?
BALLOEY MATTHIAS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Comparable companies

These companies have the same main activity as BALLOEY MATTHIAS: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €250,000 and €579,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
BALLOEY MATTHIAS Ieper€370,812€112,045
VJE TRADING Mouscron€335,532€107,184
Schreinerei Berners Frank Sankt Vith€309,861€121,211
Timo Mortier Ichtegem€579,424€132,495
CUCINA Heist-op-den-Berg€250,250€116,683
GERONDAL Braine-l'Alleud€315,602€94,942
LIBEO Stavelot€532,358€129,289
Full comparison

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