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MAT - MAR

Active Private limited companyfounded 1997active for 29 yearsPlein 9D, 7880 FlobecqKBO/BCE: BE 0461.769.488

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €157,115 (2007)
€117,022▲ 13.1%
lowest -€37,497 (2006)
€18,864▲ 14.6%
peak €112,624 (2024)
€60,890▼ 45.9%
€112,236▲ 102%
peak 1.3 FTE (2006)
-not published
Board2 names since 1997
2 directors and 1 other
Documentsfilings and deeds
23-03-202638 days before the deadline
2025micro format
Gross margin from €103,510 to €117,022Dividend €70,598Equity from €112,624 to €60,890Debts from €55,690 to €112,236Investments €15,924

Key points

from the 2025 annual accounts

Equity

€60,890 ▼ 45.9%
112,6242024+18,864Profit-70,598Dividend60,8902025

MAT - MAR paid out €70,598 in dividends. That is 374% of the 2025 profit.

Turnover

≈ €860,000 estimated

The accounts state no turnover.

Debts

€112,236 ▲ 102%
Other debts
+54,712
Taxes and wages
+4,147
The rest
-2,313

Debts rose by €56,546 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€15,924 2.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 169.9% higher than in 2024.

Liquidity

1.32 was 2.74 in 2024

Short-term debts rose from €55,690 to €112,236.

Filings

28 annual accounts since 1998
deadline200020102020

The last five annual accounts were filed 3 to 38 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as MAT - MAR has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for MAT - MAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 23-10-1997
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0461769488
Changes of role: (director) and (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · Director discharge: · General meeting of 12-12-2023 · Gazette deed
Registered office moved from Ellezelles to Flobecq New registered office: Place, 9D à 7880 Flobecq · Previous registered office: PARADIS, 3-7890 ELLEZELLES · General meeting of 26-06-2019 · Gazette deed
Capital increase of €7.99 to €18,600 Capital from €18,592.01 to €18,600 · Appointment: (manager) · “Lesprestationsdeservices,lesmissionsdeconseil,(lintérimetlesservicesdemanagement,decommunication,degestionetde…” (deed in French) · General meeting of 27-03-2019 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
MAT - MAR Flobecq €173,127 €117,022 35.2% -
NEES MOSSELHANDEL Mechelen €186,077 €87,157 -3.1% -
De Brugse Mosselcentrale Bruges €268,602 €107,497 -9.0% -
EDEN-FISH Châtelet €385,844 €86,428 74.3% -
FRAMA FISH Bruges €193,908 €128,399 75.7% -
Kempisch Visbedrijf Ranst €103,751 €109,846 -78.1% 0
SEAFOOD INTERNATIONAL MAXWIL Mechelen €247,411 €59,611 71.0% -

These companies have the same main activity as MAT - MAR: wholesale trade (NACE 46323). They are comparable in size and age: total assets between €104,000 and €386,000, founded between 1984 and 2007.

Official details

Source: KBO
Status
Active since 28-10-1997Normal situation
Activity
Wholesale tradeNACE 46323and 2 others
Joint committees
119Food trade
200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
Establishment unit
2.084.067.9627880 Flobecq, since 05-11-1997
Financial year end
30 September
Peppol
Reachable since 11-12-2025
Company details

Annual accounts to 30-09-2025

€173,127▲ 2.9%
Employeeson 30-09-2025
2=
Filing
Filed on 23-03-2026, 38 days before the end of the filing period
Financials

Insights on MAT - MAR

MAT - MAR files the micro format. That format states no turnover. The gross margin rose from €41,984 in 2006 to €117,022 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAT - MAR

What is the company number of MAT - MAR?
The company number of MAT - MAR is 0461.769.488. The VAT number is the same number with BE in front: BE 0461.769.488.
Where is MAT - MAR based?
The registered office is at Plein 9D, 7880 Flobecq.Company details
What does MAT - MAR do?
According to the KBO register, the main activity is wholesale trade (NACE 46323).
What is the legal form of MAT - MAR?
MAT - MAR is a private limited company (BV).
When was MAT - MAR founded?
MAT - MAR was founded on 28-10-1997.
Is MAT - MAR still active?
Yes, MAT - MAR is an active enterprise in the KBO register.
How many employees does MAT - MAR have?
MAT - MAR had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MAT - MAR fall under?
In its 30-09-2025 annual accounts, MAT - MAR states joint committees 119 (Food trade) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of MAT - MAR?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €117,022 and 34 comparable companies (NACE 463). It probably lies between €340,000 and €1.6m.
Is MAT - MAR profitable?
In financial year 2025, MAT - MAR made a profit of €18,864.
Where can I find the annual accounts of MAT - MAR?
MAT - MAR filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAT - MAR due?
MAT - MAR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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