Skip to content

MATANZA

Active
Public limited companyfounded 1987active for 39 yearsPaillartcamp 6, 9600 Ronse, BelgiumKBO/BCE: BE 0431.447.882
Summary

The computed 12-month bankruptcy probability of MATANZA is 1.8% (moderate). The 2025 annual accounts show equity of €1.9m and a net result of €26,967. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 25% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MATANZAActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10111
7th largest company by total assets in Ronse, Manufacturing sector1 site
Size
€43.8mturnover 2025
Staff
25.4 FTE
Equity
€1.9m
Profit
€26,967
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Board
5 members
Holdings
1
2025 accounts filed 31 days late2 of 6 deeds summarised
Why 54raises riskLiquidity: current ratio 0.94, cash €196,755Sector: Manufacture of food products (NACE 10)Equity €1.9m (20.5% of total assets)Size: turnover €43.8m, 25.4 FTE, total assets €9.2mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 10, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 45-2
equity 20.5% of total assets
Liquidity 24-5
short-term debt 56.2% · cash 2.1%
Profitability 48+10
return on assets 0.3%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (629 companies, NACE 10, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%▲ +0.8 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.8%▼ -0.2 percentage points vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.94, compared with 0.89 in 2024, below 1; short-term debt: 56.2% and cash: 2.1% of total assets), and 79.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 10, small): better than 29% on solvency, 17% on liquidity, 22% on profitability and 69% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

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

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.
raises risk
raises risk · Liquidity: current ratio 0.94, cash €196,755
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Equity €1.9m (20.5% of total assets)
NBB · annual accounts
raises risk · Size: turnover €43.8m, 25.4 FTE, total assets €9.2m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
28 days late
2022
11 days early
2021
22 days late
2020
19 days late
2019
7 days 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 16 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €26,967
  3. Resignations: VAN WELDEN Christine (director) and…Appointment: Consult Immo VDS-VW (director)…

Key points

  • Positive: Back in profit in 2025after -€67,587 in 2024 €26,967 View
  • Positive: 7th largest company by total assets in Ronse, Manufacturing sectorin the Checked rankings No. 7 View
  • Flemish supportawarded from 2023 to 2025 €186,291 View

By topic

Financials

Financial year
2025
Turnover
€43.8m
Profit
€26,967
Solvency
20.5%
Turnover▲ 56.1%
Net result
20242025
Go to Financials

Board & ownership

Board
5 members
  • VAN WELDEN Christine Germaine GeorgineDirector
  • VANDER STICHELEN ElsManaging director
  • VANDER STICHELEN Luc André MarieDirector
  • VANDER STICHELEN StevenManaging director
  • Consult Immo VDS-VWDirector
Go to Board & ownership

Timeline

Events
44
Since
1989
Next accounts
by 31-07-2027
  1. 29-08-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 28-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10111
Founded
29-06-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
First Saturday of June at 16:00
Purpose
“De uitbating van een of meer slachthuizen en slagerijen; Alle aanverwante activiteiten met…” (deed in Dutch)
Go to Articles of association

Key facts about MATANZA

What is the company number of MATANZA?
0431.447.882. In Belgium the VAT number is the company number with BE in front: BE 0431.447.882.
Where is MATANZA based?
The registered office is at Paillartcamp 6, 9600 Ronse.Company details
What does MATANZA do?
According to the KBO register, the main activity is manufacture of food products (NACE 10111).
What is the legal form of MATANZA?
Public limited company (NV).
When was MATANZA founded?
On 29-06-1987.
Is MATANZA still active?
Yes, MATANZA is an active enterprise in the KBO register.
How many employees does MATANZA have?
On average 25.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MATANZA?
€43.8m in financial year 2025, according to the filed annual accounts.
Is MATANZA profitable?
In financial year 2025, MATANZA made a profit of €26,967.
Where can I find the annual accounts of MATANZA?
MATANZA filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATANZA due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to MATANZA

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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 What support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure