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MATABA

Active Private limited companyfounded 2020active for 6 yearsWaverse Steenweg 42, 1050 IxellesKBO/BCE: BE 0755.597.336

Lifetime

5 annual accounts with figures on one time axis
peak €138,691 (2022)
-€2,945▼ €140,104
lowest -€35,877 (2025)
-€35,877▼ €31,698
peak €2,901 (2023)
-€37,155▼ €35,877
€187,575▲ 28.0%
Board2 names since 2020
- 
Documentsfilings and deeds
02-08-20262 days late
2025micro format
Gross margin from €137,159 to -€2,945Loss of €35,877Equity from -€1,278 to -€37,155Debts from €146,561 to €187,575

Key points

from the 2025 annual accounts

Equity

-€37,155
20212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€40,057 in two years
-4,1792024-35,8772025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€187,575 125% of the balance sheet
Suppliers 12%Taxes and wages 37%Other 51%

Filings

5 annual accounts 4 late
AprilJune31 JulyOctober20222024

The 2021 accounts came latest: 117 days after the end of the period.

Position in the sector

-€35,877

Lower net result than 94% of companies in retail trade. Sector median €5,048 · 22,907 companies.

Checked score

49
Fair
Financially stronger than 6% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.1% 01-2025: 3.0%▼ -0.1 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 2.9%▼ -0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 3.0%▲ +0.1 percentage points vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025 08-2025: 3.7%▲ +0.7 percentage points vs 07-2025 09-2025: 3.4%▼ -0.3 percentage points vs 08-2025 10-2025: 3.3%▼ -0.1 percentage points vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.1%▼ -0.2 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.2%▲ +0.1 percentage points vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.9%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 2.7%▼ -1.2 percentage points vs 08-2026lowest value 10-2026: 2.7%● unchanged vs 09-2026lowest value 11-2026: 2.7%● unchanged vs 10-2026lowest value

Financial strength
Weak

0-24equity -24.7% of total assets
4+1short-term debt 124.7% · cash 2.9%
0-30return on assets -23.9%

Score breakdown

raises risk
Loss of €35,877, the second in a row (financial year 2025)
Negative equity -€37,155
Sector: Retail trade (NACE 47)
lowers risk
Size: turnover €180,615, total assets €150,419
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 13% of them on solvency, 6% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,008 companies had the same profile as MATABA has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MATABA itself: 2.7% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 6,008 companies, not a prediction for MATABA. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.8 (0.99 in 2024), below 1. Short-term debt is 124.7% and cash 2.9% of total assets. Equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: turnover €180,615, total assets €150,419
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €35,877, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€37,155
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€37,155
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-08-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
2 days late
2024
on the day
2023
29 days late
2022
56 days late
2021
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 41 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
MM
Director, until 2022
  • Salim Tanjid 40 sharesdeed of 28-02-2022
  • Salim Mohammed 20 sharesdeed of 28-02-2022
  • Afrin Afsana 25 sharesdeed of 28-02-2022
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755597336
Resignation: Md Mamun Siddique (director) Transfer of 15 shares from Goni Mohammed Osman to Salim Tanjid · Transfer of 25 shares from Goni Mohammed Osman to Afrin Afsana · Transfer of shares from Goni Mohammed Osman to Salim Rafsan · General meeting of 24-01-2022 · Gazette deed
Share transfer · Resignations & appointments Transfer of 45 shares from Salim Tanjid to Goni Mohammed Osman · Transfer of 6 shares from Md Mamun Siddique to Goni Mohammed Osman · Salim Tanjid holds 25 shares · General meeting of 04-10-2021 · Gazette deed
Share transfer Transfer of 34 shares from Goni Mohammed Osman to Salim Tanjid · Transfer of 3 shares from Md Mamun Siddique to Salim Tanjid · Salim Tanjid holds 70 shares · General meeting of 18-05-2021 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
MATABA Ixelles €180,615 -19.5% -24.7% -
TLT LOGISTICS Genk - - -38.2% -
SINGH SAAB JEE Charleroi €126,207 -6.4% -115.5% -
SHREE Antwerp - - 0.6% -
YZOLAM Halle - - -185.5% -
AL NAKHIL Molenbeek-Saint-Jean - - -10.5% -
MADINA TRADING Anderlecht - - 75.7% -
-10%0%10%20%€200,000€2m€20m€200m€2bnMATABAEBIT margin

Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MATABA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €98,200 and €199,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 02-10-2020Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 1 other
Establishment unit
2.309.061.9371050 Ixelles, since 02-10-2020
Financial year end
31 December
Peppol
Reachable since 17-10-2025
Company details

Annual accounts 2025

€150,419▲ 3.5%
≈ 1 FTEestimated
Filing
Filed on 02-08-2026
Financials

Insights on MATABA

MATABA files the micro format. That format states no turnover. The gross margin fell from €80,556 in 2021 to -€2,945 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 MATABA

What is the company number of MATABA?
The company number of MATABA is 0755.597.336. The VAT number is the same number with BE in front: BE 0755.597.336.
Where is MATABA based?
The registered office is at Waverse Steenweg 42, 1050 Ixelles.Company details
What does MATABA do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of MATABA?
MATABA is a private limited company (BV).
When was MATABA founded?
MATABA was founded on 02-10-2020.
Is MATABA still active?
Yes, MATABA is an active enterprise in the KBO register.
What is the turnover of MATABA?
The turnover of MATABA was €180,615 in financial year 2025, according to the filed annual accounts.Financials
Is MATABA profitable?
In financial year 2025, MATABA made a loss of €35,877.
Where can I find the annual accounts of MATABA?
MATABA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATABA due?
MATABA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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