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MATCON

Active Private limited companyfounded 2021active for 5 yearsVloeikensstraat 20, 2235 HulshoutKBO/BCE: BE 0765.854.293

Lifetime

5 annual accounts with figures on one time axis
peak €92,115 (2022)
€79,418▲ 3.3%
peak €73,064 (2022)
€71,720▲ 34.7%
peak €179,998 (2023)
€129,947▲ 123%
€39,761▼ 76.0%
Board1 name since 2021
1 directorMattijs Maarten
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Result from €53,227 to €71,720Equity from €58,227 to €129,947Debts from €165,490 to €39,761Investments €6,865

Key points

from the 2025 annual accounts

Equity

€129,947 ▲ 123%
€58,2002024€130,0002025

Equity rose in 2025 from €58,227 to €129,947.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Investments

€6,865 8.3 × depreciation

Green is investment, beige is depreciation.

Liquidity

2.53 was 0.97 in 2024

Short-term debts fell from €165,490 to €39,761.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 5 to 97 days before the end of the period.

Position in the sector

€71,720

Higher net result than 87% of companies in real estate. Sector median €5,997 · 17,176 companies.

Checked score

99
Excellent
Financially stronger than 91% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026 11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026lowest value

Financial strength
Strong

100+49equity 76.6% of total assets
82+39short-term debt 23.4% · cash 32.2%
100+3return on assets 42.3%

Score breakdown

lowers risk
Liquidity: current ratio 2.53, cash €54,622
Sector: Real estate activities (NACE 68)
Equity €129,947 (76.6% of total assets)
Figures for financial year 2025 (filed on 15-06-2026)
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 87% on liquidity, 95% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as MATCON has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MATCON itself is lower: < 0.1% within 12 months. It rests on far more data about MATCON than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for MATCON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.53 (0.97 in 2024), above the usual 1.5. Short-term debt is 23.4% and cash 32.2% of total assets. 23.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.53, cash €54,622
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Equity €129,947 (76.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 days early
2024
57 days early
2023
97 days early
2022
5 days early
2021
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 48 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 15 June (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MM
Mattijs Maarten
Director
  • MATTIJS Maarten 100 sharesdeed of 01-04-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0765854293
Incorporation Founding capital of €5,000, 100 shares · Founder: MATTIJS Maarten · MATTIJS Maarten holds all the shares · published on 01-04-2021 · Gazette deed
First establishment Vloeikensstraat 20, Hulshout
All 12 events

Comparable companies

same main activity, similar in size and age
Company
MATCON Hulshout €169,708 €79,418 76.6% -
MATEI Brasschaat €164,223 €55,672 86.7% -
STEWOOD Lier €155,379 €103,531 79.2% -
CP-PROJECTS Laakdal €176,970 €62,837 85.7% -
LAPIIN Herentals €212,876 €70,558 77.1% -
PVB Projects Geel €179,380 €64,810 68.1% -
MAKID-Development Mechelen €145,127 €54,504 96.0% -

These companies have the same main activity as MATCON: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €145,000 and €213,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 30-03-2021Normal situation
Activity
Development of residential building projectsNACE 68121and 5 others
Establishment unit
2.315.434.2432235 Hulshout, since 30-03-2021
Financial year end
31 December
Peppol
Reachable since 10-07-2025
Company details

Annual accounts 2025

€169,708▼ 24.1%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on MATCON

MATCON files the micro format. That format states no turnover. The gross margin rose from €60,492 in 2021 to €79,418 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MATCON

What is the company number of MATCON?
The company number of MATCON is 0765.854.293. The VAT number is the same number with BE in front: BE 0765.854.293.
Where is MATCON based?
The registered office is at Vloeikensstraat 20, 2235 Hulshout.Company details
What does MATCON do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of MATCON?
MATCON is a private limited company (BV).
When was MATCON founded?
MATCON was founded on 30-03-2021.
Is MATCON still active?
Yes, MATCON is an active enterprise in the KBO register.
What is the turnover of MATCON?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €79,418 and 48 comparable companies (NACE 681). It probably lies between €110,000 and €490,000.Financials
Is MATCON profitable?
In financial year 2025, MATCON made a profit of €71,720.
Where can I find the annual accounts of MATCON?
MATCON filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATCON due?
MATCON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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