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MATCO PLASTICS

Active
Public limited companyfounded 199333 yrs activeVaartstraat 50, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0449.646.765
Summary

MATCO PLASTICS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €435,095. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 278 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
MATCO PLASTICSActiveChecked score 70/100
Risk analysis ReportCompare

Overview

Activity
Materials recovery from waste
NACE 38210NACE 38329
2 sites
Size
€15.6mturnover 2025
Staff
16 FTE
Equity
€5.7m
Profit
€435,095
Financial health
70 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Parent
FIMEVA TRADING · 67.04%
Auditor: A&C BedrijfsrevisorAccounts 39 d early1 of 12 deeds read
Why 70- 1 change of registered office in 24 months- Liquidity: current ratio 2.00, cash €122,808+ Founded in 1993+ Equity €5.7m (53.7% of total assets)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 44% of its sector peers (NACE 38, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 79-10
equity 53.7% of total assets
Liquidity 31-4
short-term debt 42.8% · cash 1.2%
Profitability 63-3
return on assets 4.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (199 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.1%▼ -50.2% vs 11-2024lowest value 01-2025: 0.1%▲ +14.5% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▼ -3.7% vs 04-2025 06-2025: 0.3%▲ +149% vs 05-2025 07-2025: 0.3%▲ +5.6% vs 06-2025 08-2025: 0.4%▲ +20.6% vs 07-2025 09-2025: 0.4%▲ +4.6% vs 08-2025 10-2025: 0.5%▲ +6.5% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.4%▼ -6.8% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%▼ -3.8% vs 04-2026 06-2026: 0.4%▲ +2.0% vs 05-2026 07-2026: 0.4%▲ +3.8% vs 06-2026 08-2026: 0.5%▲ +23.8% vs 07-2026 09-2026: 0.6%▲ +3.0% vs 08-2026 10-2026: 0.6%▲ +9.1% vs 09-2026highest value
  • Founded in 1993 lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 2.00, cash €122,808 raises the probability
  • Equity €5.7m (53.7% of total assets) lowers the probability
Credit up to €390,000 at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.58 in 2024; short-term debt: 42.8% and cash: 1.2% of total assets), and 46.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 38, small). Better than this share of them on solvency 72%, liquidity 21%, profitability 36%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 2.00, cash €122,808
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €5.7m (53.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
14 d late
2023
27 d early
2021
22 d late
2020
25 d late
2019
52 d late
2018
13 d late
← 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 9 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 4 October (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close04-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: A & C Bedrijfsrevisor (statutory…State Gazette act
  2. Annual accounts filedfiscal year 2025 · full…
  3. Weakest financial yearnet €435,095 ▼32%

Key points

  • Controlled by FIMEVA TRADINGultimately: Eurasiacorp 67.04% View
  • Positive: 7 profitable years in a rowprofit 2025: €435,095 7 years View
  • Caution: Result fell in 2025from €639,630 to €435,095 ▼ 32.0% View
  • Flemish supportawarded 2022 - 2025 €109,157 View

By topic

Financials

Fiscal year
2025
Turnover
€15.6m
Profit
€435,095
Solvency
53.7%
Turnover▼ 5.4%
Net result
20242025
Go to Financials

Timeline

Events
16
Since
2016
Next accounts
by 31-10-2026
  1. 16-02-2026Appointment: A & C Bedrijfsrevisor (statutory auditor)
  2. 22-09-2025Annual accounts filed
  3. 31-03-2025Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Materials recovery from wasteNACE 38210
Founded
12-03-1993
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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 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 other support did companies like this one receive, and it did not?Subsidies

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