Matagalpa
ActiveSummary
Matagalpa has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-1k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-47
Solvency92▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.9 against 3.35 in 2024; short-term debt: 32.7% and cash: 77.5% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2025Solvency, return and age of the figures
Solvency
67.3%
Return on assets
-4.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
52 d early
2024
32 d early
2023
51 d early
2022
28 d early
2021
27 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 42.2%
2024 · €33k
2021: €8k
2022: €14k
2023: €30k
2024: €33k
2021 → 2025
Total assets
€28k▼ 38.2%
2024 · €45k
2021: €16k
2022: €27k
2023: €49k
2024: €45k
2021 → 2025
Net result
€-1k
2024 · €2k
2021: €7k
2022: €6k
2023: €16k
2024: €2k
2021 → 2025
Working capital
€17k▼ 41.5%
2024 · €30k
2021: €8k
2022: €12k
2023: €26k
2024: €30k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€14k▲ 71.6%€30k▲ 118%€33k▲ 7.8%€19k▼ 42.2%
Operating result€10k-€9k▼ 8.3%€23k▲ 146%€4k▼ 81.8%€-411
Net result€7k-€6k▼ 12.1%€16k▲ 183%€2k▼ 85.6%€-1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €411 after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€1k ▼ 49.5%
Current assets
€26k ▼ 37.4%
Equity and liabilities €28k
Equity
€19k ▼ 42.2%
Debt
€9k ▼ 27.8%
Debt's share of the balance-sheet total rises from 28.0% to 32.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €6k
Cash flow
€183▼
2024 · €4k
Current ratio
2.90▼
2024 · 3.35
Quick ratio
2.74▼
2024 · 3.20
Debt to equity
0.49▲
2024 · 0.39
ROE
-6.6%▼
2024 · 7.2%
ROA
-4.4%▼
2024 · 5.2%
Interest coverage
1.72▼
2024 · 32.40
Debt ≤ 1 year
€9k▼
2024 · €13k
Income taxes
€265▼
2024 · €2k
Staff costs
€2k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€28k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€3k€1k▼
Current assets29/58€42k€26k▼
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€32k€3k▼
Trade receivables40€32k€1k▼
Other amounts receivable41-€2k
Current investments50/53€8k-
Cash at bank and in hand54/58-€22k
Equity and liabilities
Total equity and liabilities10/49€45k€28k▼
Equity10/15€33k€19k▼
Contributions10/11€2k€2k=
Capital10-€2k
Issued capital100-€2k
Reserves13€31k€19k▼
Non-distributable reserves130/1€150€150=
Legal reserve130-€150
Reserves not available under the articles1311€150-
Distributable reserves133€31k€18k▼
Profit (loss) carried forward14-€-1k
Amounts payable17/49€13k€9k▼
Amounts payable within one year42/48€13k€9k▼
Current portion of amounts payable after more than one year42-€677
Trade debts44€356€606▲
Suppliers440/4€356€606▲
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€8k▼
Other amounts payable47/48€190-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€458€173▼
Gross operating margin9900€8k€3k▼
Operating profit (loss)9901€4k€-411▼
Financial income75/76B€7€25▲
Recurring financial income75€7€25▲
Financial charges65/66B€174€584▲
Recurring financial charges65€174€584▲
Profit (loss) for the period before taxes9903€4k€-970▼
Income taxes67/77€2k€265▼
Profit (loss) for the period9904€2k€-1k▼
Profit (loss) for the period to be appropriated9905€2k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-1k▼
Transfer from equity791/2-€13k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-1k ▼153%
Net result drops to €-1k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €16k ▲183%
Operating result €23k, net result €16k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Meers 262170 AntwerpenGround area
229 m²
Building footprint
69 m²
Volume, LiDAR
394 m³
Parcel 11422C0145/00V002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Matagalpa
since 20202.308.139.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0145/00V002 | Flanders | 229 m² | 1 · 69 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.308.139.051
Similar companies · same sector, comparable size
CREVACO MANAGEMENT
BE 1013.508.854
Herentals · Eq €18,781
LC CONSULTING
BE 1014.658.897
Genk · Eq €18,780
LIES INVEST
BE 0893.127.894
Kortrijk · Eq €18,814
MRO PROJECTS
BE 0546.620.239
Nassogne · Eq €18,815
ZATARA
BE 0646.893.592
Gent · Eq €18,820
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 5,704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47279Other retail sale of food
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.