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MATCOOL

Active Private limited companyfounded 2000active for 25 yearsGrasdreef 13, 8200 BrugesKBO/BCE: BE 0473.598.342
MATCOOL
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Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €599,862 (2019)
€377,243▼ 6.7%
peak €432,721 (2019)
€292,425▼ 1.7%
peak €1.3m (2020)
€1.2m▼ 8.8%
€345,189▲ 95.2%
peak 0.8 FTE (2018)
0.8 FTEunchanged
Board1 name since 2021
- 
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Dividend €260,721Debts from €176,882 to €345,189Investments €3,885

Key points

from the 2025 annual accounts

Equity

€1.2m ▼ 8.8%
1.32024+0.3Profit-0.3Dividend-0.1Other1.22025

MATCOOL paid out €260,721 in dividends. That is 89% of the 2025 profit.

Turnover

≈ €1.9m estimated

The abbreviated format states no turnover.

Debts

€345,189 ▲ 95.2%
Suppliers
+94,315
Other debts
+30,000
Taxes and wages
+10,325
The rest
+33,666

Debts rose by €168,307 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€3,885 2.9 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 5 to 37 days before the end of the period.

Position in the sector

€292,425

Higher net result than 88% of companies in wholesale trade. Sector median €26,717 · 9,877 companies.

Checked score

97
Excellent
Financially stronger than 74% of micro companies in wholesale trade (NACE 46)
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: 0.4% across 26,891 companies (NACE 46, 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 06-2025highest value 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 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 77.3% of total assets
93-6short-term debt 21.1% · cash 64.8%
93-1return on assets 19.2%

Score breakdown

lowers risk
Liquidity: current ratio 4.73, cash €986,191
Equity €1.2m (77.3% of total assets)
Founded in 2000
Size: 0.8 FTE, total assets €1.5m
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 46, micro). It does better than 90% of them on solvency, 91% on liquidity, 87% on profitability and 27% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 31,368 companies had the same profile as MATCOOL has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • 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.

That fits the bankruptcy probability of MATCOOL itself: < 0.1% within 12 months.

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 31,368 companies, not a prediction for MATCOOL. 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 €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.73 (8.28 in 2024), above the usual 1.5. Short-term debt is 21.1% and cash 64.8% of total assets. 22.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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 4.73, cash €986,191
NBB · annual accounts
lowers risk · Equity €1.2m (77.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 0.8 FTE, total assets €1.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
13 days early
2023
5 days early
2022
17 days early
2021
37 days early
2020
85 days early
2019
121 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

last known board
E
EMMACON
Director, until 2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473598342
Change of role: EMMACON, from manager to director Permanent representative: MATTELÉ Emmanuel Louis · General meeting of 16-10-2023 · Gazette deed
Capital decrease of €288,000 to €62,000 Capital from €350,000 to €62,000 · Gazette deed
First establishment Grasdreef 13, Bruges
All 35 events

Comparable companies

same main activity, similar in size and age
Company
MATCOOL Bruges €1.5m €377,243 77.3% 0.8
FEEDMACHINERY Lichtervelde €1.6m €356,482 72.1% 1
bdtronic Diepenbeek €1.6m €373,249 90.1% 1
MULTIPOMP Schoten €2.1m €479,494 90.5% 0.3
RT Belgium Roeselare €1.4m €488,430 45.0% 0.9
TRYMA Roeselare €1.8m €248,491 15.5% 1.8
HEFSPAN Waregem €2.6m €385,440 78.0% 1.6

These companies have the same main activity as MATCOOL: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €1.4m and €2.6m, founded between 1997 and 2006.

Official details

Source: KBO
Status
Active since 28-12-2000Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649and 1 other
Establishment unit
2.101.174.4088200 Bruges, since 25-01-2001
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€377,243▼ 6.7%
€292,425▼ 1.7%
€1.2m▼ 8.8%
€1.5m▲ 3.7%
Employeeson 31-12-2025
1
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on MATCOOL

MATCOOL files the abbreviated format. That format states no turnover. The gross margin rose from €80,622 in 2006 to €377,243 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 08-07-2026, 23 days before the deadline
€377,243
▼ 6.7%
€342,262
▼ 8.8%
€292,425
▼ 1.7%
€1.2m
▼ 7.1%
77.3%
▼ 10.6 percentage points
4.73
▼ 3.55

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.9m. Estimated: probably between €1.2m and €3.2m.

Balance sheet

balance sheet total €1.5m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

77.3%

Higher than 82% of 9,901 companies in 2025.

4.73

Higher than 82% of 9,664 companies in 2025.

19.2%

Higher than 89% of 9,779 companies in 2025.

MATCOOL Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: bottom quarter

Staff

€31,916

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.5m1.5m1.5m1.5m1.4m1.5m1.4m1.5m1.5m1.5m1.2m1.3m1.4m771,743665,199728,351747,537586,105590,242531,099
21/28 5,1182,5692,9613,47313,61824,29834,3645,6626,4985,9787,9469,25717,62627,03046,09719,5329,82014,52428,99223,596
21 ------------4519021,3521,803----
22/27 4,8682,3195111,0239,30819,98830,0541,3522,1884,1186,0869,25717,17626,12944,74417,7299,82012,52422,46223,596
23 1,1231,488---------2167861,5521,9874,1313,8632,4743,7384,769
24 3,7458315111,0239,30819,98830,0541,3522,1881,5392,8635,01116,39024,57742,75713,5974,1736,03818,72418,827
26 ---------2,5793,2244,030----1,7834,012--
28 2502502,4502,4504,3104,3104,3104,3104,3101,8601,860------2,0006,530-
29/58 1.5m1.5m1.5m1.5m1.4m1.5m1.4m1.5m1.4m1.5m1.2m1.2m1.4m744,713619,103708,819737,717571,581561,250507,502
29 ------------28,00028,000------
291 ------------28,00028,000------
3 15,34050,8915,0195,0589,1839,89111,62110,59011,69910,86911,97716,24015,74518,05510,32113,49014,89117,49043,095-
30/36 15,34050,8915,0195,0589,1839,89111,62110,59011,69910,86911,97716,24015,74518,05510,32113,49014,89117,49043,095-
40/41 143,543212,343536,478325,344255,949288,080301,545272,009321,593483,541347,526437,719543,139268,311543,899260,371416,386400,260356,900483,462
40 143,531212,343536,217324,235255,102252,424279,279257,474320,142483,541347,526437,719541,305252,947543,899236,224408,913373,910342,865475,754
41 1202621,10984835,65622,26614,5351,451---1,83415,364-24,1487,47326,35014,0357,708
50/53 372,035372,035229,118229,118------35,70035,70042,00042,000----50,068-
54/58 986,191829,393680,324908,5421.1m1.2m1.1m1.2m1.1m988,715814,020736,511747,799386,82964,594430,027304,354153,332111,08923,736
490/1 6676536451,642304444261259--57420,6122991,5192884,9312,08650098304
Balance sheet: equity and liabilities
10/49 1.5m1.5m1.5m1.5m1.4m1.5m1.4m1.5m1.5m1.5m1.2m1.3m1.4m771,743665,199728,351747,537586,105590,242531,099
10/15 1.2m1.3m1.2m1.2m1.3m1.3m1.2m946,6171.1m945,455806,458594,248513,370545,285306,949481,460328,130160,805383,210292,030
10/11 62,00062,00062,00062,00062,00062,00062,00062,000350,000350,000350,000350,000350,00062,00062,00062,00062,00062,00062,00062,000
100 ------62,00062,000350,000350,000350,000350,000350,00062,00062,00062,00062,00062,00062,00062,000
13 1.1m1.2m1.2m1.1m1.2m1.3m1.1m880,722739,607591,607452,707240,707159,907479,907244,907419,460266,13098,805321,210230,030
130/1 --06,2006,2006,200--------------
130 ------35,00035,00035,00035,00035,00035,0006,2006,2006,2006,2006,2006,2006,2006,200
1311 --06,2006,2006,200--------------
132 48,70748,70748,70748,70748,70748,70748,70748,70748,70748,707153,707153,707153,707153,70748,70748,70748,70748,70748,70748,707
133 1.1m1.2m1.1m1.1m1.1m1.2m1.1m797,015655,900507,900264,00052,000-320,000190,000364,553211,22343,898266,303175,123
14 002,2832,2832,2833,0833,8953,8953,8953,8483,7513,5413,4633,37842-----
16 ----010,74110,74110,74110,74110,74110,74134,74134,74110,74110,74110,74110,74110,74110,74110,741
160/5 ----010,74110,74110,74110,74110,74110,74134,74134,74110,74110,74110,74110,74110,74110,74110,741
164/5 ----010,74110,74110,74110,74110,741----------
17/49 345,189176,882205,046294,155127,416154,107219,057532,927352,228532,906400,544627,049846,497215,717347,509236,150408,666414,559196,291228,328
17 -------350,000175,000175,000175,000175,000350,000130,000130,000-----
170/4 -------350,000175,000175,000175,000175,000350,000130,000130,000-----
42/48 320,940176,882205,046294,155127,416154,107219,057172,427166,728357,906225,544436,918479,00577,917217,509229,002399,214410,763190,908224,366
42 -------------------2,963
44 152,33858,02334067,56114,638-10,21927,89212,953114,97910,60136,73574,39532,911182,54486,374170,62263,081125,590153,303
440/4 152,33858,02334067,56114,638-10,21927,89212,953114,97910,60136,73574,39532,911182,54486,374170,62263,081125,590153,303
46 9,417----------20,478----22,980---
45 14,1843,85969,70626,59412,77934,10736,83849,62032,86069,02561,86576,46267,75711,35328,6422,38467,55257,68213,20416,353
450/3 8,0603,85967,24624,5079,73734,10733,91446,77732,86069,02561,86576,46267,7578,68428,6422,38467,55252,8348,51412,041
454/9 6,12402,4602,0873,042-2,9242,843-----2,669---4,8494,6904,313
47/48 145,000115,000135,000200,000100,000120,000172,00094,915120,915173,902153,077303,243336,85233,6536,323140,243138,060290,00052,11451,746
492/3 24,249------10,50010,500--15,13217,4927,800-7,1489,4523,7965,3833,962
Income statement
76A -------1,8881,856-----4,514-----
9900 377,243404,454455,598346,565356,169419,389599,862331,297404,051482,358447,923445,993475,956302,275269,019221,576241,432277,223131,91380,622
62 25,53327,06720,80325,43439,69938,84237,73332,953------------
630 1,3361,0115118,28610,68012,62319,8868361,6053,1243,17013,54718,45114,76827,51110,54613,39012,01517,76223,189
631/4 --------1,829-8,9128,912-1,829----8,829-1,79717,490--
635/8 ---0-10,741------24,000-24,000-------
640/8 1,6001,2734361,5301,5521,2421,7443,06812,8251,5431,5411,5471,7771,8211,5241,4383624,8131,342117
66A 6,514-------59,18435,700----------
9901 342,262375,104433,847311,316314,979366,681540,500296,270339,350468,778467,212429,070431,728285,686239,984218,421229,477242,905112,80857,316
75/76B 32,07415,11027,68428,80622,01945,10545,58733,30746,44752,83250,02944,28645,29137,17439,04043,54353,96656,23144,44344,354
75 32,07415,11027,68428,80622,01945,10545,58733,30746,44752,83250,02944,28645,29137,17439,04043,54353,96656,23144,44344,354
65/66B 12,0995,1325,4464,3425,15511,5079,12214,57620,76452,50919,27027,61023,11020,93220,01824,13220,96114,49815,83719,593
65 12,0995,1325,4464,3425,15511,5079,12214,57620,76416,80919,27027,61023,11020,93220,01824,13220,96114,49815,83719,593
66B ---------35,700----------
9903 362,237385,082456,085335,780331,843400,279576,965315,000365,033469,101497,972445,746453,908301,929263,520237,833262,482284,638141,41482,076
67/77 69,81287,463102,60973,15774,80089,949144,24479,88596,987158,103135,76264,869150,82363,59288,03176,44387,09797,04342,17422,775
9904 292,425297,618353,476262,623257,043310,330432,721235,115268,047310,998362,210380,877303,085238,336175,489161,390175,385187,59599,24059,301
789 ---------105,000----------
689 -------------105,000------
9905 292,425297,618353,476262,623257,043310,330432,721235,115268,047415,998362,210380,877303,085133,336175,489161,390175,385187,59599,24059,301
Appropriation of the result
9906 292,425299,901355,759264,906260,126314,225436,615239,010271,895419,748365,751384,341306,463133,378175,489161,390175,385187,59599,24059,301
14P 02,2832,2832,2833,083---------------
791/2 260,721141,115148,000243,900212,00080,800------320,000----250,000--
691/2 147,425184,901218,476162,623157,043190,330260,721141,115148,000243,900212,00080,800-130,000175,447153,330167,32527,59591,18051,241
6920 -----------28,800-------51,241
6921 147,425184,901218,476162,623157,043190,330260,721141,115148,000243,900212,00052,000-130,000175,447153,330167,32527,59591,180-
694/7 405,721256,115283,000343,900312,800201,612172,00094,000120,000172,000150,000300,000623,000--8,0608,060410,0008,0608,060
694 260,721141,115148,000243,900212,80081,612-----30,000623,000--8,0608,060410,0008,0608,060
695 145,000115,000135,000100,000100,000120,000172,00094,000120,000172,000150,000270,000--------
Social balance sheet
9087 0.80.80.80.80.80.80.80.8------------
Hours worked1013 1,1048698988581,3911,3981,4061,398------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 08-07-2026 2026-00268441 PDF
31-12-2024 abbreviated format 18-07-2025 2025-00285164 PDF
31-12-2023 abbreviated format 26-07-2024 2024-00291671 PDF
31-12-2022 abbreviated format 14-07-2023 2023-00235747 PDF
31-12-2021 abbreviated format 24-06-2022 2022-20088305 PDF
31-12-2020 abbreviated format 07-05-2021 2021-13600187 PDF
31-12-2019 abbreviated format 01-04-2020 2020-08300459 PDF
31-12-2018 abbreviated format 27-06-2019 2019-24500123 PDF
31-12-2017 abbreviated format 20-04-2018 2018-10400112 PDF
31-12-2016 abbreviated format 16-06-2017 2017-18300152 PDF
31-12-2015 abbreviated format 27-05-2016 2016-13900247 PDF
31-12-2014 abbreviated format 22-05-2015 2015-12900160 PDF
31-12-2013 abbreviated format 31-03-2014 2014-08000511 PDF
31-12-2012 abbreviated format 30-04-2013 2013-10700029 PDF
31-12-2011 abbreviated format 28-06-2012 2012-23600214 PDF
31-12-2010 abbreviated format 28-06-2011 2011-20900092 PDF
31-12-2009 abbreviated format 13-07-2010 2010-28700279 PDF
31-12-2008 abbreviated format 17-08-2009 2009-57000330 PDF
31-12-2007 abbreviated format 24-07-2008 2008-46900130 PDF
31-12-2006 abbreviated format 17-07-2007 2007-40000074 PDF
31-12-2005 abbreviated format 03-07-2006 2006-37102773 PDF
31-12-2004 abbreviated format 21-06-2005 2005-30001555 PDF
31-12-2003 abbreviated format 23-06-2004 2004-30103502 PDF
31-12-2002 abbreviated format 22-04-2003 2003-11502932 PDF
31-12-2001 abbreviated format 02-12-2002 2002-74600446 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
343,598376,115434,359319,601325,659379,304560,386297,106340,955471,902470,383442,617450,179300,454267,495228,967242,867254,920130,57180,505
293,761298,630353,988270,909267,723322,953452,607235,951269,651314,122365,380394,424321,537253,104203,001171,936188,775199,610117,00382,490
3,8852,8190-1,86002,55748,58804,7041,1561,8605,1779,0481,34854,07620,25810,6862,07723,15833,073
156,798149,069-228,219-200,118-49,53068,845-112,42185,084127,966174,69577,509-11,287360,970322,235-365,433125,673151,02242,24287,353-
1.2m1.3m1.2m1.2m1.2m1.3m1.2m1.3m1.3m1.1m984,253809,864897,977666,796401,593479,817338,503160,818370,342283,137
77.3%87.9%85.9%80.0%90.8%88.9%84.0%63.5%75.1%63.5%66.2%47.3%36.8%70.7%46.1%66.1%43.9%27.4%64.9%55.0%
4.738.287.085.0010.789.456.408.618.704.145.362.852.879.562.853.101.851.392.942.26
4.688.007.054.9810.719.396.358.558.634.115.312.822.849.332.803.041.811.352.712.26
0.290.140.160.250.100.120.180.560.320.560.501.061.650.401.130.491.252.580.510.78
24.8%23.1%28.3%22.3%20.4%23.6%35.8%24.8%24.5%32.9%44.9%64.1%59.0%43.7%57.2%33.5%53.4%116.7%25.9%20.3%
19.2%20.3%24.3%17.8%18.5%21.0%30.1%15.8%18.4%20.9%29.7%30.3%21.7%30.9%26.4%22.2%23.5%32.0%16.8%11.2%
28.4073.2979.7573.6063.18---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date1-111
full-time0-000
part-time1-111
in full-time equivalents0.6-0.60.50.8
0.60.80.50.50.8
On a permanent contract1-111
Joined-011-
Left-101-

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€3,885€2,819---
Financial fixed assets€0----
€1,336€1,011€511€8,286€10,680

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MATCOOL

The operating result for 2025 is 9% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 12.1% to 22.7%. Equity is lower and debt is higher.

Board & ownership

Board

Last change in 2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 13. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 19-10-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
EMMACON
Director (not named in the articles)
Earliermandate already running before its first mention
Mandates as a list
  • EMMACON
    • Director (not named in the articles), from before 31-12-2021 to 19-10-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€62,000.01
Shares
62
Contribution per share
€1,000
Equity per share
€18,995 in 2025
Source
2025 annual accounts

Articles of association

deed of 19-10-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 12:00

Network & group

No group

MATCOOL has no parent and no holdings in its annual accounts.

At the same address

Grasdreef 13, 8200 Bruges · 1 other company
EMMACON
registered office since 20-06-2014 · founded in 2014
 total assets €688,806 (2025)
0554.667.081

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

35 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 23 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473598342
Annual accounts 2024 filed PDFabbreviated format · 13 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 5 days before the deadline
2023
Change of role: EMMACON, from manager to directorPermanent representative: MATTELÉ Emmanuel Louis · General meeting of 16-10-20236 points ▸
  • General meeting, 16-10-2023
  • Director resignation, EMMACON (manager)
  • Director appointment, EMMACON (director (not named in the articles))
  • Permanent representative, MATTELÉ Emmanuel Louis
  • 62 shares
  • Registered office clause, Grasdreef 13 bus A, 8200 Brugge (Sint-Michiels)
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 17 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 37 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 85 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 121 days before the deadline
2019
Highest result from 2006 to 2025 net €432,721 ▲84% The operating result of €540,500 and the net result of €432,721 are both a record.
Annual accounts 2018 filed PDFabbreviated format · 34 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 102 days before the deadline
Capital decrease of €288,000 to €62,000Capital from €350,000 to €62,0004 points ▸
  • Capital decrease, €288,000
  • Amendment of the articles, article 5
  • Amendment of the articles, article 3
  • Power of attorney, Stefanie DAUW
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2017
Liquidity more than doubled current ratio 8.70 The current ratio rises from 4.14 to 8.70. Short-term debt falls from €357,906 to €166,728.
Equity above €1m equity €1.1m ▲15.7% Equity rises from €945,455 to €1.1m.
Annual accounts 2016 filed PDFabbreviated format · 45 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 65 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 70 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 122 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 92 days before the deadline
2012
Liquidity more than triples current ratio 9.56 The current ratio rises from 2.85 to 9.56. Short-term debt falls from €217,509 to €77,917.
Equity above €500,000 equity €545,285 ▲77.6% Equity rises from €306,949 to €545,285.
Annual accounts 2011 filed PDFabbreviated format · 33 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 33 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 18 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 17 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 7 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 14 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment Grasdreef 13, Bruges
2000
Incorporation published on 10-01-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MATCOOL was incorporated on 28 December 2000.1 Total assets went from €1.5m in 2018 to €1.5m in 2025 and headcount from 0.8 to 0.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0473.598.342
VAT number
BE 0473.598.342
Peppol ID
0208:0473598342
Other Peppol ID
9925:BE0473598342
Legal form
Private limited company
Status
Active, normal situation
Founded
28-12-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 12:00
deed of 19-10-2023 (in Dutch)
Peppol
Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MATCOOL in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-10-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 19-10-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
46649 Wholesale of other machinery and equipment main activity
Social security (RSZ) activities
46647 Wholesale trade main activity
Codes under NACEBEL 2008
VAT activities
46699 Wholesale trade main activity
Social security (RSZ) activities
46697 Wholesale trade main activity
Codes under NACEBEL 2003
51873 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Installaties en materiaal voor koeling en airconditioning; Alle wisselstukken met betrekking tot voormelde installaties en hun toebehoren…”
3 activities
  1. Installaties en materiaal voor koeling en airconditioning
  2. Alle wisselstukken met betrekking tot voormelde installaties en hun toebehoren
  3. Machines,toestellen en werktuigen voor handels-en nijverheidsgebruik
deed of 19-10-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Grasdreef 13 registered office 8200 Bruges 46431 Wholesale of electrical household appliances and audio-video equipment 25-01-2001 2.101.174.408

Buildings and parcels at the address

Ground area
1,043 m²
Buildings
363 m²
Volume, LiDAR
2,361 m³
Tallest building
7.8 m
Buildings to scale, each on its own parcel
363 m², 7.8 m 363 m², 7.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31030A0339/00T0001,043 m² 1 · 363 m² 7.8 m · 2

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