MATANS
ActiveSummary
The computed 12-month bankruptcy probability of MATANS is 10.5% (high). For MATANS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €23,135 and a net result of -€33,718. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 17995 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-75
Solvency36▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
10.5%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 · 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
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 2023Solvency, return and age of the figures
Solvency
11%
Return on assets
-16.1%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-11-2024, 114 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
114 d late
2022
60 d late
2021
26 d late
2020
101 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 79 days after 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 (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€355,829
EBIT margin
6.0%
Net result
-€33,718
2022 · €9,515
Working capital
-€57,895▼ 33.2%
2022 · -€43,468
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€355,829
Operating result€2,626-€8,523▲ 225%€21,178▲ 148%€10,877▼ 48.6%-€32,697
Net result€1,945-€8,234within the sector's middle half▲ 323%€18,559within the sector's middle half▲ 125%€9,515within the sector's middle half▼ 48.7%-€33,718below the sector's middle half
EBIT margin6.0%
Equity€20,545-€28,779within the sector's middle half▲ 40.1%€47,338within the sector's middle half▲ 64.5%€56,861within the sector's middle half▲ 20.1%€23,135within the sector's middle half▼ 59.3%
Total assets€182,039-€177,006within the sector's middle half▼ 2.8%€162,019within the sector's middle half▼ 8.5%€196,838within the sector's middle half▲ 21.5%€209,924within the sector's middle half▲ 6.6%
Debt€161,494-€148,227▼ 8.2%€114,681▼ 22.6%€139,976▲ 22.1%€186,789▲ 33.4%
Working capital-€123,982--€92,241below the sector's middle half▲ 25.6%-€62,343below the sector's middle half▲ 32.4%-€43,468below the sector's middle half▲ 30.3%-€57,895below the sector's middle half▼ 33.2%
Solvency11.3%-16.3%within the sector's middle half▲ 5.0pp29.2%within the sector's middle half▲ 13.0pp28.9%within the sector's middle half▼ 0.3pp11.0%within the sector's middle half▼ 17.9pp
Current ratio0.23-0.35below the sector's middle half▲ 0.110.42below the sector's middle half▲ 0.070.69within the sector's middle half▲ 0.270.69within the sector's middle half=
Return on assets (ROA)1.1%-4.7%within the sector's middle half▲ 3.6pp11.5%within the sector's middle half▲ 6.8pp4.8%within the sector's middle half▼ 6.6pp-16.1%below the sector's middle half▼ 20.9pp
Staff (FTE)2.6
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €32,697 after €10,877 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €209,924
Fixed assets
€81,030 ▼ 19.2%
Current assets
€128,893 ▲ 33.6%
Equity and liabilities €209,924
Equity
€23,135 ▼ 59.3%
Debt
€186,789 ▲ 33.4%
Debt's share of the balance-sheet total rises from 71.1% to 89.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,399▼
2022 · €30,191
Cash flow
-€14,420▼
2022 · €28,829
Quick ratio
0.67▲
2022 · 0.67
Debt to equity
8.07▲
2022 · 2.46
ROE
-145.7%▼
2022 · 16.7%
Interest coverage
-4.32▼
2022 · 14.01
Debt ≤ 1 year
€186,789▲
2022 · €139,976
Income taxes
-€59
Staff costs
€85,136▲
2022 · €68,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €355,829 | - | - | - |
| Non-recurring operating income76A | - | - | €10,500 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €302,734 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €23,389 | €68,825 | €85,136 | ▲ 23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,406 | €16,406 | €18,940 | €19,314 | €19,299 | ▼ 0.1% |
| Other operating charges640/8 | - | - | €64 | €64 | €89 | ▲ 39.2% |
| Non-recurring operating charges66A | - | - | €25 | - | €8,119 | - |
| Gross operating margin9900 | €20,955 | €30,108 | €63,595 | €99,080 | €79,946 | ▼ 19.3% |
| Operating profit (loss)9901 | €2,626 | €8,523 | €21,178 | €10,877 | -€32,697 | ▼ 401% |
| Financial income75/76B | - | - | €24 | €793 | €2,019 | ▲ 154% |
| Recurring financial income75 | €58 | €18 | €24 | €793 | €2,019 | ▲ 154% |
| Non-recurring financial income76B | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | €404 | €2,155 | €3,099 | ▲ 43.8% |
| Recurring financial charges65 | €74 | €131 | €404 | €2,155 | €3,099 | ▲ 43.8% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €2,610 | €8,410 | €20,797 | €9,515 | -€33,778 | ▼ 455% |
| Income taxes67/77 | €665 | €176 | €2,239 | - | -€59 | - |
| Profit (loss) for the period9904 | €1,945 | €8,234 | €18,559 | €9,515 | -€33,718 | ▼ 454% |
| Profit (loss) for the period to be appropriated9905 | €1,945 | €8,234 | €18,559 | €9,515 | -€33,718 | ▼ 454% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182,039 | €177,006 | €162,019 | €196,838 | €209,924 | ▲ 6.6% |
| Fixed assets21/28 | €144,527 | €128,420 | €117,081 | €100,329 | €81,030 | ▼ 19.2% |
| Intangible fixed assets21 | €135,000 | €120,000 | €105,000 | €90,000 | €75,000 | ▼ 16.7% |
| Tangible fixed assets22/27 | €9,207 | €7,800 | €11,461 | €9,709 | €5,410 | ▼ 44.3% |
| Plant, machinery and equipment23 | - | - | €6,394 | €5,468 | €4,556 | ▼ 16.7% |
| Furniture and vehicles24 | - | - | €5,067 | €4,241 | €854 | ▼ 79.9% |
| Financial fixed assets28 | €320 | €620 | €620 | €620 | €620 | = |
| Current assets29/58 | €37,512 | €48,586 | €44,938 | €96,509 | €128,893 | ▲ 33.6% |
| Stocks and contracts in progress3 | €4,679 | €852 | €2,200 | €3,251 | €2,829 | ▼ 13.0% |
| Stocks30/36 | - | - | €2,200 | €3,251 | €2,829 | ▼ 13.0% |
| Amounts receivable within one year40/41 | €10,763 | €8,272 | €11,495 | €26,553 | €13,244 | ▼ 50.1% |
| Trade receivables40 | - | - | €9,058 | €9,702 | €11,211 | ▲ 15.5% |
| Other amounts receivable41 | - | - | €2,437 | €16,851 | €2,033 | ▼ 87.9% |
| Cash at bank and in hand54/58 | €22,069 | €39,461 | €31,242 | €66,704 | €112,821 | ▲ 69.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182,039 | €177,006 | €162,019 | €196,838 | €209,924 | ▲ 6.6% |
| Equity10/15 | €20,545 | €28,779 | €47,338 | €56,861 | €23,135 | ▼ 59.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,608 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,608 | - | - |
| Issued capital100 | - | - | €18,600 | €18,608 | - | - |
| Profit (loss) carried forward14 | €1,945 | €10,179 | €28,738 | €38,253 | €4,535 | ▼ 88.1% |
| Amounts payable17/49 | €161,494 | €148,227 | €114,681 | €139,976 | €186,789 | ▲ 33.4% |
| Amounts payable within one year42/48 | €161,494 | €140,827 | €107,281 | €139,976 | €186,789 | ▲ 33.4% |
| Current portion of amounts payable after more than one year42 | - | - | €58,175 | €51,381 | €51,381 | = |
| Trade debts44 | €63,343 | €6,204 | €6,878 | €43,008 | €65,124 | ▲ 51.4% |
| Suppliers440/4 | - | - | €6,878 | €43,008 | €65,124 | ▲ 51.4% |
| Taxes, remuneration and social security45 | - | - | €12,169 | €45,588 | €70,284 | ▲ 54.2% |
| Taxes450/3 | - | - | €2,164 | €31,013 | €67,132 | ▲ 116% |
| Remuneration and social security454/9 | - | - | €10,005 | €14,574 | €3,152 | ▼ 78.4% |
| Other amounts payable47/48 | - | - | €30,059 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €7,400 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,945 | €8,234 | €18,559 | €9,515 | -€33,718 | ▼ 454% |
| + Depreciation and write-downs630 | €16,406 | €16,406 | €18,940 | €19,314 | €19,299 | ▼ 0.1% |
| Operating cash flow (approximation) | €18,351 | €24,640 | €37,498 | €28,829 | -€14,420 | ▼ 150% |
| Investment in fixed assets (approximation) | - | -€300 | -€7,600 | -€2,562 | €0 | ▲ 100% |
| Change in cash | - | €17,392 | -€8,219 | €35,462 | €46,116 | ▲ 30.0% |
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
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Weakest financial yearnet -€33,718
Net result drops to -€33,718, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2019net €18,559 ▲125%
Operating result €21,178, net result €18,559, both a record.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2019
Ground area
2,539 m²
Building footprint
1,164 m²
Volume, LiDAR
22,694 m³
Parcel 21018B0083/00T003, Brussels · tallest building 31.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
THE MANHATTAN CAFE
since 20192.282.006.558
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0083/00T003 | Brussels | 2,539 m² | 1 · 1,164 m² | 31.0 m · 7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.282.006.558
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Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 8,197 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
Founded12-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713433416
Also
9925:BE0713433416
Registered
20-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.