MAT-TOM CONSTRUCT
ActiveSummary
MAT-TOM CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,461 and a net result of €746. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69=
Solvency59▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.4 in 2023; short-term debt: 58.4% and cash: 12.4% of total assets), but 66.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.8%
Return on assets
0.2%
Age of the figures
21 mo
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
116 d late
2023
92 d late
2022
540 d late
2021
61 d late
2020
424 d late
2019
789 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 337 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€107,461▲ 0.7%
2023 · €106,715
Total assets
€317,957▼ 17.4%
2023 · €384,760
Net result
€746▼ 25.7%
2023 · €1,004
Working capital
€103,953▲ 4.5%
2023 · €99,480
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€111,103€83,499▼ 24.8%-€9,654€23,441€2,575▼ 89.0%
Net result€86,699above the sector's middle half€60,503above the sector's middle half▼ 30.2%-€10,039below the sector's middle half€1,004within the sector's middle half€746within the sector's middle half▼ 25.7%
Equity€55,247within the sector's middle half€115,750within the sector's middle half▲ 110%€105,711within the sector's middle half▼ 8.7%€106,715within the sector's middle half▲ 0.9%€107,461within the sector's middle half▲ 0.7%
Total assets€128,678within the sector's middle half▲ 2,355%€309,185above the sector's middle half▲ 140%€294,076within the sector's middle half▼ 4.9%€384,760above the sector's middle half▲ 30.8%€317,957above the sector's middle half▼ 17.4%
Debt€73,431▲ 100%€193,435▲ 163%€188,365▼ 2.6%€278,045▲ 47.6%€210,496▼ 24.3%
Working capital€51,002within the sector's middle half€90,850above the sector's middle half▲ 78.1%€53,586within the sector's middle half▼ 41.0%€99,480above the sector's middle half▲ 85.6%€103,953above the sector's middle half▲ 4.5%
Solvency42.9%within the sector's middle half▲ 642.9pp37.4%within the sector's middle half▼ 5.5pp35.9%within the sector's middle half▼ 1.5pp27.7%within the sector's middle half▼ 8.2pp33.8%within the sector's middle half▲ 6.1pp
Current ratio1.69within the sector's middle half▲ 1.671.47within the sector's middle half▼ 0.221.28within the sector's middle half▼ 0.191.40within the sector's middle half▲ 0.121.56within the sector's middle half▲ 0.16
Return on assets (ROA)67.4%above the sector's middle half▲ 373.5pp19.6%above the sector's middle half▼ 47.8pp-3.4%below the sector's middle half▼ 23.0pp0.3%below the sector's middle half▲ 3.7pp0.2%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 89% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €317,957
Fixed assets
€28,336 ▼ 27.1%
Current assets
€289,621 ▼ 16.3%
Equity and liabilities €317,957
Equity
€107,461 ▲ 0.7%
Debt
€210,496 ▼ 24.3%
Debt's share of the balance-sheet total falls from 72.3% to 66.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,398▼
2023 · €36,678
Cash flow
€12,570▼
2023 · €14,241
Debt to equity
1.96▼
2023 · 2.61
ROE
0.7%▼
2023 · 0.9%
Interest coverage
76.74▼
2023 · 155.21
Debt ≤ 1 year
€185,668▼
2023 · €246,392
Debt > 1 year
€24,828▼
2023 · €31,653
Income taxes
€1,641▼
2023 · €22,208
Staff costs
€4,340
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 10,905 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €4,340 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,236 | €6,742 | €13,237 | €11,824 | ▼ 10.7% |
| Other operating charges640/8 | €218 | €2,671 | €9,432 | €1,551 | €2,127 | ▲ 37.1% |
| Gross operating margin9900 | €111,321 | €89,406 | €6,520 | €38,230 | €20,866 | ▼ 45.4% |
| Operating profit (loss)9901 | €111,103 | €83,499 | -€9,654 | €23,441 | €2,575 | ▼ 89.0% |
| Financial income75/76B | €33 | - | €0 | €7 | €0 | ▼ 99.9% |
| Recurring financial income75 | €33 | - | €0 | €7 | €0 | ▼ 99.9% |
| Financial charges65/66B | €158 | €473 | €204 | €236 | €188 | ▼ 20.6% |
| Recurring financial charges65 | €158 | €473 | €204 | €236 | €188 | ▼ 20.6% |
| Profit (loss) for the period before taxes9903 | €110,978 | €83,026 | -€9,858 | €23,212 | €2,387 | ▼ 89.7% |
| Income taxes67/77 | €24,280 | €22,523 | €181 | €22,208 | €1,641 | ▼ 92.6% |
| Profit (loss) for the period9904 | €86,699 | €60,503 | -€10,039 | €1,004 | €746 | ▼ 25.7% |
| Profit (loss) for the period to be appropriated9905 | €86,699 | €60,503 | -€10,039 | €1,004 | €746 | ▼ 25.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128,678 | €309,185 | €294,076 | €384,760 | €317,957 | ▼ 17.4% |
| Fixed assets21/28 | €4,245 | €24,900 | €52,125 | €38,888 | €28,336 | ▼ 27.1% |
| Tangible fixed assets22/27 | - | €20,655 | €47,880 | €34,643 | €24,091 | ▼ 30.5% |
| Furniture and vehicles24 | - | €20,655 | €47,880 | €34,643 | €24,091 | ▼ 30.5% |
| Financial fixed assets28 | €4,245 | €4,245 | €4,245 | €4,245 | €4,245 | = |
| Current assets29/58 | €124,433 | €284,285 | €241,951 | €345,872 | €289,621 | ▼ 16.3% |
| Amounts receivable within one year40/41 | €120,307 | €227,777 | €131,704 | €269,125 | €113,154 | ▼ 58.0% |
| Trade receivables40 | €6,657 | €117,646 | €20,675 | €210,397 | €80,617 | ▼ 61.7% |
| Other amounts receivable41 | €113,650 | €110,131 | €111,029 | €58,728 | €32,537 | ▼ 44.6% |
| Cash at bank and in hand54/58 | €4,126 | €56,508 | €82,199 | €75,855 | €39,360 | ▼ 48.1% |
| Deferred charges and accrued income490/1 | - | - | €28,048 | €892 | €137,108 | ▲ 15,272% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128,678 | €309,185 | €294,076 | €384,760 | €317,957 | ▼ 17.4% |
| Equity10/15 | €55,247 | €115,750 | €105,711 | €106,715 | €107,461 | ▲ 0.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €49,047 | €109,550 | €99,511 | €100,515 | €101,261 | ▲ 0.7% |
| Amounts payable17/49 | €73,431 | €193,435 | €188,365 | €278,045 | €210,496 | ▼ 24.3% |
| Amounts payable after more than one year17 | - | - | - | €31,653 | €24,828 | ▼ 21.6% |
| Financial debts170/4 | - | - | - | €31,653 | €24,828 | ▼ 21.6% |
| Amounts payable within one year42/48 | €73,431 | €193,435 | €188,365 | €246,392 | €185,668 | ▼ 24.6% |
| Trade debts44 | €13,975 | €114,387 | €181,536 | €228,027 | €140,244 | ▼ 38.5% |
| Suppliers440/4 | €13,975 | €114,387 | €181,536 | €228,027 | €140,244 | ▼ 38.5% |
| Taxes, remuneration and social security45 | €52,194 | €68,288 | €6,067 | €16,716 | €35,136 | ▲ 110% |
| Taxes450/3 | €52,194 | €65,117 | €2,896 | €16,716 | €34,614 | ▲ 107% |
| Remuneration and social security454/9 | - | €3,172 | €3,172 | - | €522 | - |
| Other amounts payable47/48 | €7,262 | €10,760 | €761 | €1,649 | €10,289 | ▲ 524% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,699 | €60,503 | -€10,039 | €1,004 | €746 | ▼ 25.7% |
| + Depreciation and write-downs630 | - | €3,236 | €6,742 | €13,237 | €11,824 | ▼ 10.7% |
| Operating cash flow (approximation) | €86,699 | €63,740 | -€3,298 | €14,241 | €12,570 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€23,891 | -€33,966 | €0 | -€1,272 | - |
| Change in cash | - | €52,382 | €25,691 | -€6,344 | -€36,495 | ▼ 475% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
01-09
State Gazette act
RestructuringMerger · Shareholding · Capital10 facts ▸
State Gazette act
Restructuring
Merger · Shareholding · Capital10 facts ▸
- Merger, fusie door overneming, administratieve vereenvoudiging en kostenbesparing
- Shareholding
- Capital, €18.600
- Capital, €500
- Share cancellation, alle aandelen in bezit van overnemende vennootschap, 100
- Accounting effect, 01-07-2026
- Other statement, bijzondere rechten, Alle aandelen zijn identiek en kennen dezelfde rechten en voordelen toe; geen aandelen met bijzondere rechten worden gecreëerd; geen andere…
- Other statement, bijzondere voordelen, Geen enkel bijzonder voordeel wordt toegekend aan de vennoten van de overgenomen of overnemende vennootschap
- Other statement, verplichtingen, Onderling en wederzijds alles te doen om fusie te verwezenlijken, onder voorbehoud goedkeuring buitengewone algemene vergadering en inachtneming…
- Other statement, 02-06-2026
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 540 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Back to profitnet €1,004
Net result €1,004 after one loss-making year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 424 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 789 days late
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1155 days late
2021
31-12
Financial
Equity above €100,000Eq €115,750 ▲110%
2 profitable years in a row build equity to €115,750.
2020
31-12
Financial
Back to profitnet €86,699
Net result €86,699 after 2 loss-making years.
31-12
Financial
Liquidity times 62current ratio 1.69
Current ratio from 0.03 to 1.69.
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€16,048
Net result drops to -€16,048, the lowest in the series; recovery starts the following year.
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2015
Ground area
249 m²
Building footprint
157 m²
Volume, LiDAR
747 m³
Parcel 36503C1000/00P002, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MAT-TOM CONSTRUCT
since 20152.240.973.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36503C1000/00P002 | Flanders | 249 m² | 1 · 157 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Purpose
Stukadoorswerk, overige werkzaamheden in verband met de afwerking van gebouwen en uitvoeren van metsel- en voegwerken; Alle roerende, onroerende, financiële, industriële…
Full purpose (4 activities)
- Stukadoorswerk, overige werkzaamheden in verband met de afwerking van gebouwen en uitvoeren van metsel- en voegwerken
- Alle roerende, onroerende, financiële, industriële, commerciële of burgerrechtelijke verrichtingen doen
- Zich bij wijze van inbreng, overdracht, samensmelting, inschrijving, participatie, financiële tussenkomst of op andere wijze interesseren in alle vennootschappen, ondernemingen of verrichtingen die een gelijkaardig of verwant voorwerp hebben of die van aard zijn de verwezenlijking van haar voorwerp te bevorderen
- Mandaten van bestuurder, zaakvoerder of vereffenaar in andere vennootschap uitoefenen
Other statement
Kosten fusieverrichting, door de overnemende vennootschap
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- Mat-Tom Constructsubsidiary100%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:Mat-Tom Construct
Capital and shareholders
Capital over the years
- 01-09-2026 Capital stated in the act · 18,600 EUR · 100 shares
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Of 4,020 companies in sector 43310 we hold annual accounts for 1,749. 1,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43350Other building finishing work
43910Bricklaying and masonry work
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0607838127
Also
9925:BE0607838127
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.