FREDERIC MATAGNE FREELANCER
ActiveThe annual accounts of FREDERIC MATAGNE FREELANCER for fiscal year 2025 show a net loss of 167% of total assets and of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €10k and a net result of €-26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 31544 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency93▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.2 against 5.74 in 2024; short-term debt: 31.2% and cash: 80.7% of total assets), and 31.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.4%
Return on assets
-167.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-26k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
21 d late
2022
29 d late
2021
4 d early
2020
36 d early
2019
44 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 71.0%
2024 · €36k
2019: €47k
2020: €87k
2021: €121k
2022: €92k
2023: €80k
2024: €36k
2019 → 2025
Total assets
€15k▼ 64.6%
2024 · €43k
2019: €91k
2020: €136k
2021: €144k
2022: €101k
2023: €112k
2024: €43k
2019 → 2025
Net result
€-26k▲ 40.8%
2024 · €-43k
2019: €32k
2020: €40k
2021: €34k
2022: €-30k
2023: €8k
2024: €-43k
2019 → 2025
Working capital
€11k▼ 68.9%
2024 · €34k
2019: €47k
2020: €74k
2021: €103k
2022: €79k
2023: €72k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€92k▼ 24.4%€80k▼ 13.3%€36k▼ 54.5%€10k▼ 71.0%
Operating result€44k-€-28k€9k€-43k€-25k▲ 42.4%
Net result€34k-€-30k€8k€-43k€-26k▲ 40.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €43k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€34▼ 98.6%
Current assets
€15k▼ 62.6%
Equity and liabilities €15k
Equity
€10k▼ 71.0%
Debt
€5k▼ 32.0%
The debt ratio rises from 16.4% to 31.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▲
2024 · €-38k
Cash flow
€-23k▲
2024 · €-38k
Solvency
68.4%▼
2024 · 83.6%
Current ratio
3.20▼
2024 · 5.74
Quick ratio
3.20▼
2024 · 5.74
Debt / equity
0.46▲
2024 · 0.20
ROE
-244.8%▼
2024 · -120.0%
ROA
-167.5%▼
2024 · -100.2%
Interest coverage
-25.99▲
2024 · -32.65
Debt
€5k▼
2024 · €7k
Debt ≤ 1 year
€5k▼
2024 · €7k
Income taxes
€115▼
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€15k▼
Fixed assets21/28€2k€34▼
Tangible fixed assets22/27€2k€34▼
Furniture and vehicles24€2k€34▼
Current assets29/58€41k€15k▼
Amounts receivable within one year40/41€36k€758▼
Trade receivables40€24k-
Other amounts receivable41€13k€758▼
Cash at bank and in hand54/58€2k€12k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€43k€15k▼
Equity10/15€36k€10k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€21k€-5k▼
Amounts payable17/49€7k€5k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€5k-
Taxes450/3€2k-
Remuneration and social security454/9€3k-
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€61
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€451€465▲
Gross operating margin9900€-37k€-22k▲
Operating profit (loss)9901€-43k€-25k▲
Financial income75/76B€782-
Recurring financial income75€782-
Financial charges65/66B€1k€860▼
Recurring financial charges65€1k€860▼
Profit (loss) for the period before taxes9903€-43k€-26k▲
Income taxes67/77€140€115▼
Profit (loss) for the period9904€-43k€-26k▲
Profit (loss) for the period to be appropriated9905€-43k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-5k▼
Profit (loss) brought forward from the previous period14P€65k€21k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-43k ▼655%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 5.67
Current ratio from 2.54 to 5.67; short-term debt falls from €48k to €22k.
31-12
Financial
Equity above €100kEq €121k ▲39.3%
3 profitable years in a row build equity to €121k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €40k ▲27.2%
Operating result €51k, net result €40k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Neckstraat 271081 KoekelbergGround area
87 m²
Building footprint
89 m²
Volume, LiDAR
858 m³
Parcel 21492B0064/00A002, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FREDERIC MATAGNE FREELANCER
since 20192.293.586.972
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0064/00A002 | Brussels | 87 m² | 1 · 89 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 23,446 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.