LODE MATTHIJS
ActiveLODE MATTHIJS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €218k and a net result of €48k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 52.1 against 41.57 in 2023; short-term debt: 1.9% and cash: 91.1% of total assets), and 1.9% of the assets are financed with debt.
Credit advice for your own amount and term
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
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.1%
Return on assets
21.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
30 d late
2022
31 d late
2021
on the day
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€218k▲ 28.1%
2023 · €171k
2018: €56k
2019: €51k
2020: €60k
2021: €85k
2022: €129k
2023: €171k
2018 → 2024
Total assets
€223k▲ 27.5%
2023 · €175k
2018: €58k
2019: €53k
2020: €61k
2021: €91k
2022: €144k
2023: €175k
2018 → 2024
Net result
€48k▲ 7.1%
2023 · €45k
2018: €-11k
2019: €-5k
2020: €8k
2021: €26k
2022: €43k
2023: €45k
2018 → 2024
Working capital
€217k▲ 29.0%
2023 · €168k
2018: €52k
2019: €26k
2020: €41k
2021: €71k
2022: €120k
2023: €168k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€85k▲ 41.1%€129k▲ 52.3%€171k▲ 32.3%€218k▲ 28.1%
Operating result€7k-€28k▲ 280%€52k▲ 85.8%€63k▲ 20.0%€71k▲ 12.5%
Net result€8k-€26k▲ 201%€43k▲ 70.0%€45k▲ 3.2%€48k▲ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €223k
Fixed assets
€2k▼ 35.1%
Current assets
€221k▲ 28.4%
Equity and liabilities €223k
Equity
€218k▲ 28.1%
Debt
€4k▲ 2.4%
The debt ratio falls from 2.4% to 1.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k▲
2023 · €70k
Cash flow
€49k▼
2023 · €52k
Solvency
98.1%▲
2023 · 97.6%
Current ratio
52.10▲
2023 · 41.57
Quick ratio
52.10▲
2023 · 41.57
Debt / equity
0.02▼
2023 · 0.02
ROE
21.9%▼
2023 · 26.2%
ROA
21.5%▼
2023 · 25.6%
Interest coverage
83.08▼
2023 · 1040.51
Debt
€4k▲
2023 · €4k
Debt ≤ 1 year
€4k▲
2023 · €4k
Income taxes
€23k▲
2023 · €19k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€175k€223k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€286€171▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€60€60=
Current assets29/58€172k€221k▲
Amounts receivable within one year40/41€39k€18k▼
Trade receivables40€9k€2k▼
Other amounts receivable41€30k€17k▼
Cash at bank and in hand54/58€133k€203k▲
Equity and liabilities
Total equity and liabilities10/49€175k€223k▲
Equity10/15€171k€218k▲
Contributions10/11€19k€19k=
Reserves13€152k€200k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€150k€198k▲
Amounts payable17/49€4k€4k▲
Amounts payable within one year42/48€4k€4k▲
Trade debts44€243€1k▲
Suppliers440/4€243€1k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€1k€3k▲
Remuneration and social security454/9€3k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€829▼
Other operating charges640/8€671€687▲
Gross operating margin9900€70k€72k▲
Operating profit (loss)9901€63k€71k▲
Financial income75/76B€859€986▲
Recurring financial income75€859€986▲
Financial charges65/66B€67€861▲
Recurring financial charges65€67€861▲
Profit (loss) for the period before taxes9903€64k€71k▲
Income taxes67/77€19k€23k▲
Profit (loss) for the period9904€45k€48k▲
Profit (loss) for the period to be appropriated9905€45k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€48k▲
Transfer to equity691/2€45k€48k▲
To other reserves6921€45k€48k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €48k ▲7.1%
Operating result €71k, net result €48k, both a record.
31-12
Financial
Equity above €200kEq €218k ▲28.1%
5 profitable years in a row build equity to €218k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity times 5current ratio 41.57
Current ratio from 8.93 to 41.57; short-term debt falls from €15k to €4k.
31-12
Financial
Equity above €150kEq €171k ▲32.3%
4 profitable years in a row build equity to €171k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €129k ▲52.3%
3 profitable years in a row build equity to €129k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 72.36
Current ratio from 15.58 to 72.36; short-term debt falls from €2k to €575.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 44 days late
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, Erpe-Mere · 1 establishment unit since 2005
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.
Kruiskensstraat 159420 Erpe-MereGround area
1,279 m²
Building footprint
171 m²
Volume, LiDAR
1,061 m³
Parcel 41016D0392/00G000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LODE MATTHIJS bvba
since 20052.144.815.597
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D0392/00G000 | Flanders | 1,279 m² | 1 · 171 m² | 9.4 m · 2 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.
Similar companies · same sector, comparable size
X-CLUSIVE
BE 0877.251.172
Oostende · Eq €218k
BYSIX
BE 0713.773.609
Mouscron · Eq €219k
GEZOND ZITTEN EN SLAPEN
BE 0881.453.153
Lanaken · Eq €218k
Allion
BE 0743.375.336
Turnhout · Eq €220k
CHEMFOR
BE 0889.757.640
Plombières · Eq €221k
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 532 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2005
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.