Mat-E-Realize
ActiveSummary
Mat-E-Realize has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,054 and a net result of €14,497. Equity is growing by about 71% per year across the filed financial years. Its solvency ranks better than 67% of 11,726 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €31,054
- Profit
- €14,497
Why 98raises riskFounded in 2023lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 3.29, cash €29,952Equity €31,054 (69.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 68% on solvency, 78% on liquidity, 88% on profitability and 89% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 32 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €14,497 ▲60.6%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €1,056 | €1,643 | €400 | ▼ 75.7% |
| Gross operating margin9900 | €8,003 | €13,231 | €18,895 | ▲ 42.8% |
| Operating profit (loss)9901 | €6,948 | €11,589 | €18,495 | ▲ 59.6% |
| Financial charges65/66B | €27 | €72 | €137 | ▲ 89.3% |
| Recurring financial charges65 | €27 | €72 | €137 | ▲ 89.3% |
| Profit (loss) for the period before taxes9903 | €6,921 | €11,516 | €18,358 | ▲ 59.4% |
| Income taxes67/77 | €1,388 | €2,492 | €3,861 | ▲ 54.9% |
| Profit (loss) for the period9904 | €5,532 | €9,024 | €14,497 | ▲ 60.6% |
| Profit (loss) for the period to be appropriated9905 | €5,532 | €9,024 | €14,497 | ▲ 60.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €17,852 | €25,407 | €44,615 | ▲ 75.6% |
| Current assets29/58 | €17,852 | €25,407 | €44,615 | ▲ 75.6% |
| Amounts receivable within one year40/41 | €7,260 | €6,144 | €14,664 | ▲ 139% |
| Trade receivables40 | €7,260 | €6,000 | €14,520 | ▲ 142% |
| Other amounts receivable41 | - | €144 | €144 | = |
| Cash at bank and in hand54/58 | €10,592 | €19,264 | €29,952 | ▲ 55.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €17,852 | €25,407 | €44,615 | ▲ 75.6% |
| Equity10/15 | €7,532 | €16,557 | €31,054 | ▲ 87.6% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €5,532 | €14,557 | €29,054 | ▲ 99.6% |
| Amounts payable17/49 | €10,319 | €8,851 | €13,562 | ▲ 53.2% |
| Amounts payable within one year42/48 | €10,319 | €8,851 | €13,562 | ▲ 53.2% |
| Trade debts44 | €976 | €786 | €451 | ▼ 42.6% |
| Suppliers440/4 | €976 | €786 | €451 | ▼ 42.6% |
| Taxes, remuneration and social security45 | €8,303 | €8,007 | €12,205 | ▲ 52.4% |
| Taxes450/3 | €5,963 | €5,888 | €12,205 | ▲ 107% |
| Remuneration and social security454/9 | €2,340 | €2,120 | - | - |
| Other amounts payable47/48 | €1,040 | €57 | €906 | ▲ 16× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,532 | €9,024 | €14,497 | ▲ 60.6% |
| Operating cash flow (approximation) | €5,532 | €9,024 | €14,497 | ▲ 60.6% |
| Change in cash | - | €8,672 | €10,688 | ▲ 23.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00191065 |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00243524 |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00164899 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MAT Maxim |
|
Owners and capital
Capital and shareholders
- MAT Maxim 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-06-2023 Incorporation · €4,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-06
Gazette deed
IncorporationAppointment: MAT Maxim (director) · Founder · Founding capital10 facts ▸
- Incorporation, 23-06-2023
- Founder, MAT Maxim
- Founding capital, €4,000
- Bank account, “vennootschap in oprichting”, 22-06-2023 (deed in Dutch)
- Other provision, 21-06-2023
- Registered office clause, “1560 Hoeilaart,Palokerstraat 17, neerlegging ter griffie van uitgifte oprichtingsakte” (deed in Dutch)
- Other provision, “website en e-mailadres, nog niet gekend” (deed in Dutch)
- Board rule, 1, “neerlegging ter griffie van uitgifte oprichtingsakte” (deed in Dutch)
- Director appointment, MAT Maxim (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0803.179.004
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23033A0692/00R000 | Flanders | 577 m² | 1 · 102 m² | 0.1 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Mat-E-Realize is een: advies- en installatiebureau dat via een praktijkgerichte studie zijn klanten helpt om investeringskeuzes te maken met…” (deed in Dutch)
9 activities (deed in Dutch)
- Mat-E-Realize is een: advies- en installatiebureau dat via een praktijkgerichte studie zijn klanten helpt om investeringskeuzes te maken met betrekking tot energiebesparende maatregelen met als doel om een zo groot mogelijke autonomie van de woonst of bedrijfspand te bekomen. Onze praktische ingrepen kunnen gaan van bouwtechnische renovatiewerken tot regenwaterrecuperatie,elektriciteitswerken,verwarmingstechnieken en de productie/opslag van hernieuwbare energie,technieken voor de aanmaak en opslag van waterstof,alle mogelijke energetische werken om gebouwen te optimaliseren,etc.
- Heeft nog tot doel solar generatoren en allerhande batterijen ontwerpen en ontwikkelen met als primaire doel deze te gaan verhuren en/of verkopen. Aan deze aggregaten kunnen hernieuwbare energiebronnen gekoppeld worden die al dan niet ook door PULLTHEPLUG ontwikkeld zijn,in deze hoedanigheid kunnen ook deze producten worden verhuurd en/of verkocht.
- Kan aangewend worden voor business consultancy.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;
- Alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur,de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen;
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande en op te richten,industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of –ondernemingen,waarin ze een participatie aanhoudt;
- Het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Mat-E-Realize
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle machten om op authentieke wijze statutenwijziging te doen vaststellen, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur bij gebrek aan bepaling duur, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, vergoeding voor inbrengen” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Nietigheid bij gebrek aan goedkeuring, overdrager kan eisen dat zich verzettende aandeelhouders aandelen zelf kopen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Orgaan dat overgaat tot uitgifte, per e-mail of,zonder e-mailadres,per gewone post,op zelfde dag als e-mail” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Krachtens statuten, bestuurder(s) in functie” (deed in Dutch)