MATCO
ActiveSummary
MATCO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.86M and a net result of €-759k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 84 lines
The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €26.95M | €23.95M | €25.47M | €31.67M | ▲ 24.3% |
| Turnover70 | €18.79M | €26.84M | €23.78M | €24.44M | €30.28M | ▲ 23.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €33k | €-47k | ▼ 244% |
| Other operating income74 | - | €88k | €137k | €588k | €1.39M | ▲ 137% |
| Non-recurring operating income76A | - | €16k | €26k | €407k | €35k | ▼ 91.5% |
| Operating charges60/66A | - | €26.90M | €23.88M | €25.41M | €31.38M | ▲ 23.5% |
| Goods for resale, raw materials and consumables60 | - | €21.71M | €18.59M | €18.86M | €23.30M | ▲ 23.5% |
| Purchases600/8 | - | €22.82M | €18.68M | €18.75M | €23.62M | ▲ 26.0% |
| Change in stocks: decrease (increase)609 | - | €-1.10M | €-95k | €112k | €-325k | ▼ 391% |
| Services and other goods61 | - | €2.89M | €3.28M | €3.88M | €5.48M | ▲ 41.2% |
| Remuneration, social security and pensions62 | - | €1.55M | €1.43M | €1.43M | €1.74M | ▲ 21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €499k | €550k | €559k | €522k | €460k | ▼ 11.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5k | €58k | ▲ 1,026% |
| Other operating charges640/8 | - | €117k | €9k | €47k | €226k | ▲ 386% |
| Non-recurring operating charges66A | - | €85k | €19k | €669k | €115k | ▼ 82.8% |
| Operating profit (loss)9901 | €441k | €41k | €69k | €57k | €287k | ▲ 401% |
| Financial income75/76B | - | €13 | €2k | €102k | €175k | ▲ 71.6% |
| Recurring financial income75 | €58k | €13 | €2k | €102k | €175k | ▲ 71.6% |
| Other financial income752/9 | - | €13 | €2k | €102k | €175k | ▲ 71.6% |
| Financial charges65/66B | - | €193k | €304k | €993k | €1.26M | ▲ 27.0% |
| Recurring financial charges65 | €150k | €193k | €304k | €993k | €1.26M | ▲ 27.0% |
| Debt charges650 | €80k | €120k | €270k | €845k | €1.04M | ▲ 23.6% |
| Other financial charges652/9 | - | €73k | €35k | €149k | €218k | ▲ 46.9% |
| Profit (loss) for the period before taxes9903 | €349k | €-152k | €-233k | €-834k | €-800k | ▲ 4.1% |
| Transfer from deferred taxes780 | - | €41k | €41k | €42k | €43k | ▲ 3.8% |
| Income taxes67/77 | €26k | €2k | €4k | €2k | €2k | ▲ 11.7% |
| Taxes670/3 | - | €2k | €4k | €2k | €2k | ▲ 11.7% |
| Profit (loss) for the period9904 | €353k | €-112k | €-196k | €-794k | €-759k | ▲ 4.5% |
| Transfer from tax-exempt reserves789 | - | €123k | €123k | €125k | €130k | ▲ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €442k | €11k | €-72k | €-669k | €-629k | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.86M | €9.77M | €9.02M | €21.34M | €21.79M | ▲ 2.1% |
| Fixed assets21/28 | €2.93M | €2.72M | €2.22M | €13.86M | €13.50M | ▼ 2.6% |
| Intangible fixed assets21 | €51k | €37k | €25k | €30k | €32k | ▲ 5.2% |
| Tangible fixed assets22/27 | €2.88M | €2.68M | €2.20M | €1.86M | €1.50M | ▼ 19.4% |
| Plant, machinery and equipment23 | - | €2.32M | €1.92M | €1.57M | €1.26M | ▼ 19.6% |
| Furniture and vehicles24 | - | €327k | €250k | €268k | €186k | ▼ 30.4% |
| Other tangible fixed assets26 | - | €29k | €30k | €28k | €56k | ▲ 103% |
| Financial fixed assets28 | - | - | - | €11.97M | €11.97M | = |
| Affiliated companies280/1 | - | - | - | €11.97M | €11.97M | = |
| Participating interests280 | - | - | - | €11.97M | €11.97M | = |
| Current assets29/58 | €5.94M | €7.05M | €6.79M | €7.48M | €8.29M | ▲ 10.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €47k | - |
| Trade receivables290 | - | - | - | - | €47k | - |
| Stocks and contracts in progress3 | €1.59M | €2.49M | €2.85M | €2.89M | €3.17M | ▲ 9.8% |
| Stocks30/36 | - | €2.49M | €2.85M | €2.89M | €3.17M | ▲ 9.8% |
| Raw materials and consumables30/31 | - | €2.37M | €2.47M | €845k | €952k | ▲ 12.7% |
| Finished goods33 | - | - | - | €139k | €92k | ▼ 33.7% |
| Goods purchased for resale34 | - | - | - | €1.40M | €1.62M | ▲ 15.5% |
| Advance payments36 | - | €119k | €379k | €500k | €504k | ▲ 0.8% |
| Amounts receivable within one year40/41 | €3.59M | €3.43M | €3.27M | €4.16M | €4.27M | ▲ 2.8% |
| Trade receivables40 | - | €3.39M | €3.21M | €3.92M | €4.11M | ▲ 5.0% |
| Other amounts receivable41 | - | €45k | €60k | €243k | €163k | ▼ 32.8% |
| Cash at bank and in hand54/58 | €402k | €633k | €573k | €331k | €665k | ▲ 101% |
| Deferred charges and accrued income490/1 | - | €496k | €100k | €103k | €130k | ▲ 26.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.86M | €9.77M | €9.02M | €21.34M | €21.79M | ▲ 2.1% |
| Equity10/15 | €1.02M | €909k | €713k | €6.62M | €5.86M | ▼ 11.5% |
| Contributions10/11 | €75k | €75k | €75k | €6.78M | €6.78M | = |
| Capital10 | - | €75k | €75k | €6.78M | €6.78M | = |
| Issued capital100 | - | €75k | €75k | €6.78M | €6.78M | = |
| Reserves13 | €1.41M | €1.28M | €1.16M | €1.03M | €904k | ▼ 12.6% |
| Non-distributable reserves130/1 | - | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | - | €8k | €8k | €8k | €8k | = |
| Tax-exempt reserves132 | - | €905k | €782k | €656k | €526k | ▼ 19.8% |
| Distributable reserves133 | - | €371k | €371k | €371k | €371k | = |
| Profit (loss) carried forward14 | €-460k | €-449k | €-521k | €-1.19M | €-1.82M | ▼ 52.8% |
| Provisions and deferred taxes16 | €343k | €302k | €261k | €219k | €175k | ▼ 19.8% |
| Deferred taxes168 | - | €302k | €261k | €219k | €175k | ▼ 19.8% |
| Amounts payable17/49 | €7.50M | €8.56M | €8.04M | €14.50M | €15.75M | ▲ 8.6% |
| Amounts payable after more than one year17 | €880k | €660k | €440k | €7.77M | €8.25M | ▲ 6.2% |
| Financial debts170/4 | - | €660k | €440k | €7.77M | €8.25M | ▲ 6.2% |
| Subordinated loans170 | - | - | - | €7.77M | €8.25M | ▲ 6.2% |
| Credit institutions173 | - | €660k | €440k | - | - | - |
| Amounts payable within one year42/48 | €6.62M | €7.90M | €7.60M | €6.29M | €6.93M | ▲ 10.2% |
| Current portion of amounts payable after more than one year42 | - | €220k | €220k | - | - | - |
| Financial debts43 | - | €4.26M | €3.97M | €2.58M | €3.16M | ▲ 22.6% |
| Credit institutions430/8 | - | €4.26M | €3.97M | €2.58M | €3.16M | ▲ 22.6% |
| Trade debts44 | €2.64M | €2.96M | €2.65M | €3.30M | €2.97M | ▼ 10.0% |
| Suppliers440/4 | - | €2.96M | €2.65M | €3.30M | €2.97M | ▼ 10.0% |
| Taxes, remuneration and social security45 | - | €458k | €361k | €408k | €499k | ▲ 22.3% |
| Taxes450/3 | - | €244k | €153k | €110k | €208k | ▲ 88.7% |
| Remuneration and social security454/9 | - | €214k | €208k | €298k | €291k | ▼ 2.3% |
| Other amounts payable47/48 | - | - | €400k | - | €300k | - |
| Accrued charges and deferred income492/3 | - | - | €2k | €445k | €571k | ▲ 28.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €353k | €-112k | €-196k | €-794k | €-759k | ▲ 4.5% |
| + Depreciation and write-downs630 | €499k | €550k | €559k | €522k | €460k | ▼ 11.9% |
| Operating cash flow (approximation) | €851k | €437k | €363k | €-272k | €-299k | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | €-340k | €-64k | €-12.16M | €-102k | ▲ 99.2% |
| Change in cash | - | €230k | €-59k | €-243k | €334k | ▲ 238% |
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
About the unread acts
We know of 21 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0334/00N002 | Flanders | 1.2 ha | 1 · 6,844 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 105,572 EUR awarded · 100,838 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 1,867 EUR | 17,180 EUR |
| 2024 | 3 | 4,644 EUR | 43,182 EUR |
| 2023 | 2 | 98,106 EUR | 40,140 EUR |
| 2022 | 1 | 955 EUR | 336 EUR |
Recognitions · licences · registrations
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