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MATAWIN

Active
Private limited company (pre-2019)founded 200421 years activeRue de Varsovie 31, 1400 Nivelles, BelgiumKBO/BCE: BE 0870.683.381
Summary

The computed 12-month bankruptcy probability of MATAWIN is 4.7% (elevated). The 2024 annual accounts show equity of €136,040 and a net result of -€20,538. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 23% of 37,960 sector peers (NACE 70, fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€556,337total assets 2024
Equity
€136,040
Loss
-€20,538
Turnover not published (abridged schema)
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 38- 1 financial year not filed after the legal deadline; latest accounts 162 days late; 3 of the last 3 late- Liquidity: current ratio 0.16- Figures for FY 2024 (filed 11-01-2026)+ Founded in 2004Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 36% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Average
Solvency 49-7
equity 24.5% of total assets
Liquidity 85-15
short-term debt 22.0%
Profitability 16+1
return on assets -3.7%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,281 companies)
Last 24 months 11-2024: 5.8% 12-2024: 6.4%▲ +0.6 percentage points vs 11-2024highest value 01-2025: 6.4%● unchanged vs 12-2024highest value 02-2025: 6.4%● unchanged vs 01-2025highest value 03-2025: 6.4%● unchanged vs 02-2025highest value 04-2025: 6.4%● unchanged vs 03-2025highest value 05-2025: 6.4%● unchanged vs 04-2025highest value 06-2025: 6.4%● unchanged vs 05-2025highest value 07-2025: 6.4%● unchanged vs 06-2025highest value 08-2025: 6.0%▼ -0.4 percentage points vs 07-2025 09-2025: 6.0%● unchanged vs 08-2025 10-2025: 6.0%● unchanged vs 09-2025 11-2025: 6.0%● unchanged vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 6.0%● unchanged vs 12-2025 02-2026: 3.0%▼ -3.0 percentage points vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 2.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 3.6%▲ +0.9 percentage points vs 07-2026 09-2026: 4.0%▲ +0.4 percentage points vs 08-2026 10-2026: 4.7%▲ +0.7 percentage points vs 09-2026
Credit up to €5,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.16 against 0.03 in 2023; short-term debt: 22% of total assets), and 75.5% of the assets are financed with debt.
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 70, micro): better than 26% on solvency, 77% on liquidity, 13% on profitability and 26% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

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Signals

Seven signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 162 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.16
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 11-01-2026)
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€20,538
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 37960 sector peers (2024).
NBB · sector comparison
Position among 37960 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-01-2026, 162 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
162 days late
2023
527 days late
2022
893 days late
2021
110 days late
2020
475 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 382 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€20,538 View
  • Caution: Among the weakest 8% on net resultsector median €25,897 · 37,981 companies -€20,538 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€556,337
Loss
-€20,538
Solvency
24.5%
Total assets▲ 9.6%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 18-12-2025Judicial dissolution, liquidator appointed
  2. 31-12-2023Weakest financial year
  3. 18-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
20-12-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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