MATALEX
ActiveSummary
The computed 12-month bankruptcy probability of MATALEX is 4.0% (moderate). The annual accounts of MATALEX for fiscal year 2025 show a net loss of 51% of total assets and of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €11,216 and a net result of -€16,509. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 13617 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency60▼-22
Growth52=
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.45 against 2.18 in 2024; short-term debt: 65% and cash: 73.8% of total assets), and 65% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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 2025Solvency, return and age of the figures
Solvency
35%
Return on assets
-51.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€16,509
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 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
36 d early
2022
39 d early
2021
32 d early
2020
13 d late
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€16,509▲ 61.5%
2024 · -€42,835
Working capital
€9,429▼ 61.1%
2024 · €24,241
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20212022202320242025
Operating result€37,136▼ 36.9%-€16,231-€1,556▲ 90.4%-€43,008▼ 2,664%-€11,478▲ 73.3%
Net result€29,204within the sector's middle half▼ 43.3%-€19,510below the sector's middle half-€2,903within the sector's middle half▲ 85.1%-€42,835below the sector's middle half▼ 1,375%-€16,509below the sector's middle half▲ 61.5%
Equity€92,973above the sector's middle half▲ 45.8%€73,463within the sector's middle half▼ 21.0%€70,560within the sector's middle half▼ 4.0%€27,725within the sector's middle half▼ 60.7%€11,216within the sector's middle half▼ 59.5%
Total assets€105,039within the sector's middle half▲ 15.2%€90,459within the sector's middle half▼ 13.9%€91,634within the sector's middle half▲ 1.3%€48,352within the sector's middle half▼ 47.2%€32,092below the sector's middle half▼ 33.6%
Debt€12,065▼ 56.0%€16,996▲ 40.9%€21,073▲ 24.0%€20,627▼ 2.1%€20,876▲ 1.2%
Working capital€87,435above the sector's middle half▲ 42.5%€65,841above the sector's middle half▼ 24.7%€64,334above the sector's middle half▼ 2.3%€24,241within the sector's middle half▼ 62.3%€9,429within the sector's middle half▼ 61.1%
Solvency88.5%above the sector's middle half▲ 18.6pp81.2%above the sector's middle half▼ 7.3pp77.0%above the sector's middle half▼ 4.2pp57.3%within the sector's middle half▼ 19.7pp35.0%within the sector's middle half▼ 22.4pp
Current ratio8.25above the sector's middle half▲ 4.895.21above the sector's middle half▼ 3.044.05above the sector's middle half▼ 1.152.18above the sector's middle half▼ 1.881.45within the sector's middle half▼ 0.72
Return on assets (ROA)27.8%above the sector's middle half▼ 28.7pp-21.6%below the sector's middle half▼ 49.4pp-3.2%within the sector's middle half▲ 18.4pp-88.6%below the sector's middle half▼ 85.4pp-51.4%below the sector's middle half▲ 37.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,478 in 2025 against €43,008 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,092
Fixed assets
€1,787 ▼ 48.7%
Current assets
€30,305 ▼ 32.5%
Equity and liabilities €32,092
Equity
€11,216 ▼ 59.5%
Debt
€20,876 ▲ 1.2%
Debt's share of the balance-sheet total rises from 42.7% to 65.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€9,781▲
2024 · -€40,266
Cash flow
-€14,812▲
2024 · -€40,093
Quick ratio
1.13▼
2024 · 1.93
Debt to equity
1.86▲
2024 · 0.74
ROE
-147.2%▲
2024 · -154.5%
Interest coverage
-13.47▲
2024 · -52.96
Debt ≤ 1 year
€20,876▲
2024 · €20,627
Income taxes
€4,324
Staff costs
€34,481▼
2024 · €57,323
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.0% 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 4,805 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7,563 | €36,576 | €52,925 | €57,323 | €34,481 | ▼ 39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,739 | €2,115 | €2,742 | €2,742 | €1,697 | ▼ 38.1% |
| Other operating charges640/8 | - | €568 | €719 | €4,641 | €780 | ▼ 83.2% |
| Non-recurring operating charges66A | - | - | €3,000 | - | - | - |
| Gross operating margin9900 | €48,439 | €23,028 | €57,830 | €21,698 | €25,480 | ▲ 17.4% |
| Operating profit (loss)9901 | €37,136 | -€16,231 | -€1,556 | -€43,008 | -€11,478 | ▲ 73.3% |
| Financial income75/76B | €186 | - | €1 | €933 | €19 | ▼ 97.9% |
| Recurring financial income75 | €186 | - | €1 | €55 | €19 | ▼ 64.9% |
| Non-recurring financial income76B | - | - | - | €879 | - | - |
| Financial charges65/66B | €769 | €899 | €850 | €760 | €726 | ▼ 4.5% |
| Recurring financial charges65 | €769 | €899 | €850 | €760 | €726 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | €36,553 | -€17,131 | -€2,405 | -€42,835 | -€12,185 | ▲ 71.6% |
| Income taxes67/77 | €7,350 | €2,379 | €498 | - | €4,324 | - |
| Profit (loss) for the period9904 | €29,204 | -€19,510 | -€2,903 | -€42,835 | -€16,509 | ▲ 61.5% |
| Profit (loss) for the period to be appropriated9905 | €29,204 | -€19,510 | -€2,903 | -€42,835 | -€16,509 | ▲ 61.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,039 | €90,459 | €91,634 | €48,352 | €32,092 | ▼ 33.6% |
| Fixed assets21/28 | €5,538 | €8,968 | €6,226 | €3,484 | €1,787 | ▼ 48.7% |
| Tangible fixed assets22/27 | €5,238 | €7,668 | €4,926 | €2,184 | €487 | ▼ 77.7% |
| Furniture and vehicles24 | €5,238 | €7,668 | €4,926 | €2,184 | €487 | ▼ 77.7% |
| Financial fixed assets28 | €300 | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Current assets29/58 | €99,501 | €81,491 | €85,407 | €44,868 | €30,305 | ▼ 32.5% |
| Stocks and contracts in progress3 | €1,855 | €3,978 | €4,545 | €5,133 | €6,630 | ▲ 29.2% |
| Stocks30/36 | €1,855 | €3,978 | €4,545 | €5,133 | €6,630 | ▲ 29.2% |
| Amounts receivable within one year40/41 | - | €8,852 | €6,213 | €4,572 | - | - |
| Trade receivables40 | - | €261 | €836 | €70 | - | - |
| Other amounts receivable41 | - | €8,591 | €5,377 | €4,502 | - | - |
| Cash at bank and in hand54/58 | €96,295 | €67,312 | €73,300 | €33,813 | €23,675 | ▼ 30.0% |
| Deferred charges and accrued income490/1 | €1,350 | €1,350 | €1,350 | €1,350 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,039 | €90,459 | €91,634 | €48,352 | €32,092 | ▼ 33.6% |
| Equity10/15 | €92,973 | €73,463 | €70,560 | €27,725 | €11,216 | ▼ 59.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €74,373 | €54,863 | €51,960 | €9,125 | -€7,384 | ▼ 181% |
| Amounts payable17/49 | €12,065 | €16,996 | €21,073 | €20,627 | €20,876 | ▲ 1.2% |
| Amounts payable after more than one year17 | - | €1,346 | - | - | - | - |
| Financial debts170/4 | - | €1,346 | - | - | - | - |
| Amounts payable within one year42/48 | €12,065 | €15,650 | €21,073 | €20,627 | €20,876 | ▲ 1.2% |
| Current portion of amounts payable after more than one year42 | - | €2,081 | €1,154 | - | - | - |
| Trade debts44 | €3,001 | €6,371 | €5,763 | €8,746 | €13,001 | ▲ 48.7% |
| Suppliers440/4 | €3,001 | €6,371 | €5,763 | €8,746 | €13,001 | ▲ 48.7% |
| Taxes, remuneration and social security45 | €4,650 | €3,728 | €10,324 | €8,511 | €4,609 | ▼ 45.8% |
| Taxes450/3 | €3,126 | - | - | - | €42 | - |
| Remuneration and social security454/9 | €1,524 | €3,728 | €10,324 | €8,511 | €4,567 | ▼ 46.3% |
| Other amounts payable47/48 | €4,415 | €3,470 | €3,832 | €3,370 | €3,265 | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,204 | -€19,510 | -€2,903 | -€42,835 | -€16,509 | ▲ 61.5% |
| + Depreciation and write-downs630 | €3,739 | €2,115 | €2,742 | €2,742 | €1,697 | ▼ 38.1% |
| Operating cash flow (approximation) | €32,943 | -€17,395 | -€161 | -€40,093 | -€14,812 | ▲ 63.1% |
| Investment in fixed assets (approximation) | - | -€5,545 | €0 | €0 | €0 | - |
| Change in cash | - | -€28,984 | €5,988 | -€39,486 | -€10,139 | ▲ 74.3% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€42,835
Net result drops to -€42,835, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 8.25
Current ratio from 3.35 to 8.25; short-term debt falls from €26,069 to €12,065.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €51,480 ▲225%
Operating result €58,884, net result €51,480, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15,822
Net result €15,822 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.71
Current ratio from 0.79 to 1.71; short-term debt falls from €20,626 to €8,866.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Anderlecht · 1 establishment unit since 2016
Ground area
1,017 m²
Building footprint
771 m²
Volume, LiDAR
7,051 m³
2 parcels, Brussels, Flanders · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
LE COIN CROUSTILLANT
since 20162.254.030.570
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0273/00N000 | Flanders | 640 m² | 1 · 397 m² | 14.5 m · 4 fl. |
| 21308H0515/00W010 | Brussels | 377 m² | 1 · 373 m² | 17.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteDrogenbos2.254.030.570
Similar companies · same sector, comparable size
KRAMMIT
BE 0897.261.777
Bertem · Eq €11,213
FITIFI
BE 0649.848.827
Wemmel · Eq €11,212
GRANDUCA
BE 0536.373.574
Destelbergen · Eq €11,209
STAS-DEJONG
BE 0898.861.089
Tongeren-Borgloon · Eq €11,226
Sail Forward
BE 1015.238.028
Koksijde · Eq €11,196
Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 7,410 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
Founded07-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0655966260
Also
9925:BE0655966260
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.