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Complete company report
Generated 31-07-2026
Active BE 0807.486.693Private limited company

MAATSTAFF

Maalderij 16 ·9820 Merelbeke-Melle, Belgium· 17 yrs active
Sector: NACE 16230 (16230)
Conclusion Checked

The computed 12-month bankruptcy probability of MAATSTAFF is 0.6% (low). The 2025 annual accounts show equity of €352k and a net result of €53k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 71 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €352k
Net result €53k
Staff (FTE) 3.7
Better than sector 34%
Snowflake analysis 5 axes · computed by Checked
Health51Profitability76Solvency31Growth52Stability100
62 / 100

Strong profile, led by stability.

Health 51
Profitability 76
Solvency 31
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Multiple establishment units +Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2008, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
51 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 21-10-2025 with the NBB · fiscal year 2025 · verkort
€0€50k€100k€150kOperating result 2021: €46k€46kNet result 2021: €163k€163kOperating result 2022: €131k€131kNet result 2022: €97k€97kOperating result 2023: €54k€54kNet result 2023: €17k€17kOperating result 2024: €67k€67kNet result 2024: €24k€24kOperating result 2025: €129k€129kNet result 2025: €53k€53k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~15.6%/year over 6 fiscal years, indicative, assuming unchanged policy.
€0€200k€400k€600k2026: €399k (€371k - €428k)2027: €462k (€433k - €490k)2028: €534k (€495k - €573k)2019: €147k2021: €171k2022: €237k2023: €254k2024: €278k2025: €352k201920212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 16 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 22.9% 42.3%
better than 34% of 71 sector peers
Net result €53k €19k
better than 78% of 70 sector peers
Equity €352k €54k
better than 86% of 71 sector peers
Gross operating margin €426k €47k
better than 86% of 68 sector peers
Total assets €1.54M €157k
better than 86% of 71 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€189k
+60.4% far above sector median
Net profit
€53k
+122.4% far above sector median
Cash flow
€114k
+51.1% far above sector median
Total assets
€1.54M
+71.4% far above sector median
Equity
€352k
+26.5% far above sector median
Working capital
€-34k
- far below sector median
Employees (FTE)
4
-2.6% -1% vs sector
Staff costs
€225k
-8.6% +21% vs sector
Income taxes
€33k
+120.9% far above sector median
Debt
€1.18M
+91.5% far above sector median
Debt ≤ 1y
€529k
+44.0% far above sector median
Debt > 1y
€655k
+161.2% far above sector median
Current ratio
0.93
-19.5% -52% vs sector
Quick ratio
0.45
-53.8% -75% vs sector
Solvency
22.9%
-26.2% -66% vs sector
Debt / equity
3.37
+51.4% +3% vs sector
ROE
15.2%
+75.9% far above sector median
ROA
3.5%
+29.8% far above sector median
Interest coverage
4.19
+9.4% -58% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€189k
Net profit€53k
Cash flow€114k
Staff costs€225k
Income taxes€33k
Dividends-
Total assets€1.54M
Equity€352k
Debt€1.18M
of which ≤ 1y€529k
of which > 1y€655k
Working capital€-34k
Employees (FTE)3.7
Ratios (computed)
2025
Current ratio0.93
Quick ratio0.45
Working capital ratio-2.2%
Solvency22.9%
Debt / equity3.37
Long-term debt ratio1.86
Interest coverage4.19
Gross margin-
Net margin-
ROA3.5%
ROE15.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.54M
Fixed assets 21/28€1.04M
Intangible fixed assets 21€20k
Tangible fixed assets 22/27€1.02M
Financial fixed assets 28€225
Current assets 29/58€495k
Stocks & contracts in progress 3€258k
Amounts receivable within one year 40/41€175k
Cash & bank 54/58€62k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.54M
Equity 10/15€352k
Contributions / capital 10/11€25k
Reserves 13€96k
Accumulated profits (losses) 14€230k
Amounts payable 17/49€1.18M
Amounts payable after one year 17€655k
Amounts payable within one year 42/48€529k
Trade debts payable within one year 44€164k
Income statement
Gross operating margin 9900€426k
Operating result 9901€129k
Financial income 75€2k
Financial charges 65€45k
Result before taxes 9903€86k
Income taxes 67/77€33k
Net result for the period 9904€53k
Result to be appropriated 9905€53k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 16230
Legal form Private limited company(610)
Incorporation30-10-2008
StatusActive
Postal code9820
Establishment units 2 locations
Maatstaff
Maalderij 16, 9820 Merelbeke-MelleAlgemene bouw van residentiële gebouwen
since 20082.176.460.759
Maatstaff
Steenweg 193, 9810 Nazareth-De PinteAlgemene bouw van residentiële gebouwen
since 20172.272.462.748
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44010A0341/00H000 Flanders 1,542 m² 1 · 155 m² 11.6 m · 2 fl.
44018B0354/00S003 Flanders 160 m² 1 · 131 m² 10.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
21-10-2025
NBB filing Annual accounts filed
fiscal year 2025 · verkort
22-01-2025
State Gazette act Capital & shares
Ward Bultereys
2024
30-10-2024
NBB filing Annual accounts filed
fiscal year 2024 · verkort
16-02-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
30-11-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2021
30-11-2021
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2020
13-01-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
14-01-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
30-01-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
13-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2015
27-03-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Belgisch Staatsblad, acts 1 acts
Capital history · 1
22-01-2025
Capital change
All acts · 1 updated 1 year ago
2025
22-01-2025 Capital increase Capital & shares·Ward Bultereys
Notary: Ward Bultereys · MerelbekeFirm: Henrist, De Mulder en Bultereys, Geassocieerde Notarissen
Technical details 
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  "notary": {
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    "firm_city": null,
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    "office_city": "Merelbeke",
    "is_associated": true
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-22",
    "filing_date": "2024-10-08",
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  "decision": {
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    "act_date": "2025-01-22",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-11-29"
  },
  "bedrijfsrevisor": {
    "waived": true,
    "firm_kbo": null,
    "firm_name": "BOES JOSEPH-MICHEL BEDRIJFSREVISOR",
    "ibr_number": null,
    "mission_type": "apport_nature",
    "individual_name": "Mathias Verrue"
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  "subject_company": {
    "kbo": "0807.486.693",
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}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van ander schrijn- en timmerwerk16230Vervaardiging van ander schrijn- en timmerwerk16230Schrijnwerk43320Schrijnwerk43320Schrijnwerk43320Schrijnwerk43320Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL MAATSTAFF
Registered office
Maalderij 16
9820 Merelbeke-Melle, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative