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FUNES & MATTHYS ASSOCIATES

Active
Private limited companyfounded 2024active for 2 yearsCoupure 1, 9000 Gent, BelgiumKBO/BCE: BE 1007.814.261
Summary

FUNES & MATTHYS ASSOCIATES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€462) and a net result of -€854. Its solvency ranks better than 17% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 29-03-2024 Normal situation
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 4 others
Establishment unit
2.363.113.307 9000 Gent, since 29-03-2024
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€805
▲ 72.4%
Loss
€854
▼ 81.5%
Equity
-€462
▲ 88.7%
Total assets
€5,189
▲ 933%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€462lowers riskLiquidity: current ratio 0.92, cash €3,761Size: total assets €5,189Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 16+16
equity -8.9% of total assets
Liquidity 50=
short-term debt 108.9% · cash 72.5%
Profitability 0=
return on assets -16.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 04-2025: 1.6% 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 2.0%▲ +0.3 percentage points vs 06-2025 08-2025: 2.1%▲ +0.1 percentage points vs 07-2025 09-2025: 2.4%▲ +0.3 percentage points vs 08-2025 10-2025: 1.7%▼ -0.7 percentage points vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.7%▼ -0.1 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.4%▼ -1.3 percentage points vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.92, below 1. Short-term debt is 108.9% and cash 72.5% of total assets. Equity is negative.
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 46, micro). It does better than 14% of them on solvency, 51% on liquidity, 6% on profitability and 92% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 0.92, cash €3,761
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €5,189
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€462
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€462
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 42 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€462 View
  • Caution: Lower solvency than 82% of companies in wholesale tradesector median 40.6% · 13,741 companies -8.9% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000 · Appointment: Matthys Frédéric Bernard Jos (director)
All 3 events

Comparable companies

These companies have the same main activity as FUNES & MATTHYS ASSOCIATES: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €3,190 and €6,880, founded between 2023 and 2025.

CompanyTotal assetsGross margin
FUNES & MATTHYS ASSOCIATES Gent€5,189-€805
LAYB Zaventem€4,894€631
MKR Mons€4,593-€2,558
NOVA Zonnebeke€5,549€1,758
IB CONSULT Gerpinnes€4,990-€4,338
Resolux Group Kortenberg€3,194-€1,884
Tonivation Diksmuide€6,876-€4,361
Full comparison

Key facts about FUNES & MATTHYS ASSOCIATES

What is the company number of FUNES & MATTHYS ASSOCIATES?
The company number of FUNES & MATTHYS ASSOCIATES is 1007.814.261. The VAT number is the same number with BE in front: BE 1007.814.261.
Where is FUNES & MATTHYS ASSOCIATES based?
The registered office is at Coupure 1, 9000 Gent.Company details
What does FUNES & MATTHYS ASSOCIATES do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of FUNES & MATTHYS ASSOCIATES?
The legal form of FUNES & MATTHYS ASSOCIATES is Private limited company (BV).
When was FUNES & MATTHYS ASSOCIATES founded?
FUNES & MATTHYS ASSOCIATES was founded on 29-03-2024.
Is FUNES & MATTHYS ASSOCIATES still active?
Yes, FUNES & MATTHYS ASSOCIATES is an active enterprise in the KBO register.
What is the turnover of FUNES & MATTHYS ASSOCIATES?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is FUNES & MATTHYS ASSOCIATES profitable?
In financial year 2025, FUNES & MATTHYS ASSOCIATES made a loss of €854.
Where can I find the annual accounts of FUNES & MATTHYS ASSOCIATES?
FUNES & MATTHYS ASSOCIATES filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FUNES & MATTHYS ASSOCIATES due?
FUNES & MATTHYS ASSOCIATES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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