MATEC BUILD
ActiveThe computed 12-month bankruptcy probability of MATEC BUILD is 2.0% (moderate). The 2024 annual accounts show equity of €141k and a net result of €544. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 36377 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
83
/ 100
Excellent▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-43
Solvency99▲+1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.51 in 2023), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
42 d late
2022
37 d late
2021
93 d late
2020
107 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€141k▼ 6.9%
2023 · €152k
2018: €56k
2019: €67k
2020: €70k
2021: €102k
2022: €145k
2023: €152k
2018 → 2024
Total assets
€222k▼ 12.2%
2023 · €253k
2018: €196k
2019: €233k
2020: €224k
2021: €331k
2022: €320k
2023: €253k
2018 → 2024
Net result
€544▼ 96.0%
2023 · €14k
2018: €8k
2019: €21k
2020: €3k
2021: €92k
2022: €63k
2023: €14k
2018 → 2024
Working capital
€141k▼ 5.0%
2023 · €148k
2018: €35k
2019: €51k
2020: €52k
2021: €87k
2022: €140k
2023: €148k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€102k▲ 46.7%€145k▲ 42.3%€152k▲ 4.3%€141k▼ 6.9%
Operating result€5k-€127k▲ 2,365%€81k▼ 35.8%€23k▼ 71.9%€2k▼ 91.0%
Net result€3k-€92k▲ 3,089%€63k▼ 31.7%€14k▼ 78.2%€544▼ 96.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 91% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222k
Fixed assets
€317▼ 94.9%
Current assets
€222k▼ 10.1%
Equity and liabilities €222k
Equity
€141k▼ 6.9%
Debt
€81k▼ 20.1%
The debt ratio falls from 40.1% to 36.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€8k▼
2023 · €32k
Cash flow
€7k▼
2023 · €23k
Solvency
63.5%▲
2023 · 59.9%
Current ratio
2.74▲
2023 · 2.51
Quick ratio
2.74▲
2023 · 2.51
Debt / equity
0.57▼
2023 · 0.67
ROE
0.4%▼
2023 · 9.1%
ROA
0.2%▼
2023 · 5.4%
Interest coverage
6.33▼
2023 · 10.84
Debt
€81k▼
2023 · €101k
Debt ≤ 1 year
€81k▼
2023 · €98k
Income taxes
€281▼
2023 · €6k
Staff costs
€9k▼
2023 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€253k€222k▼
Fixed assets21/28€6k€317▼
Tangible fixed assets22/27€6k-
Plant, machinery and equipment23€3k-
Furniture and vehicles24€3k-
Financial fixed assets28€317€317=
Current assets29/58€247k€222k▼
Amounts receivable within one year40/41€213k€208k▼
Trade receivables40€182k€183k▲
Other amounts receivable41€31k€25k▼
Cash at bank and in hand54/58€34k€13k▼
Equity and liabilities
Total equity and liabilities10/49€253k€222k▼
Equity10/15€152k€141k▼
Contributions10/11€9k€9k=
Reserves13€105k€94k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€85k€74k▼
Profit (loss) carried forward14€37k€38k▲
Amounts payable17/49€101k€81k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€98k€81k▼
Current portion of amounts payable after more than one year42€4k€3k▼
Taxes, remuneration and social security45€25k€8k▼
Taxes450/3€21k€8k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€70k€70k▲
Income statement
Code20232024
Remuneration, social security and pensions62€53k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k-
Other operating charges640/8€384€387▲
Gross operating margin9900€80k€17k▼
Operating profit (loss)9901€23k€2k▼
Financial income75/76B€150€37▼
Recurring financial income75€150€37▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€20k€825▼
Income taxes67/77€6k€281▼
Profit (loss) for the period9904€14k€544▼
Profit (loss) for the period to be appropriated9905€14k€544▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€38k▼
Profit (loss) brought forward from the previous period14P€37k€37k=
Transfer from equity791/2€8k€11k▲
Transfer to equity691/2€14k-
To other reserves6921€14k-
Profit to be distributed694/7€8k€11k▲
Return on contributions (dividend)694€8k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €544 ▼96%
Net result drops to €544, the lowest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Equity above €150kEq €152k ▲4.3%
6 profitable years in a row build equity to €152k.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 93 days late
2021
31-12
Financial
Highest result since 2018net €92k ▲3089%
Operating result €127k, net result €92k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲46.7%
4 profitable years in a row build equity to €102k.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
BOULAIOUN Abdelouahid
CurrentDirector · since 20-12-2023
20-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Birminghamstraat 1051080 Sint-Jans-MolenbeekGround area
912 m²
Building footprint
986 m²
Volume, LiDAR
12,952 m³
2 parcels, Brussels · tallest building 23.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Matec Build
since 20162.271.281.031
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0939/00D104 | Brussels | 738 m² | 1 · 894 m² | 23.6 m · 3 fl. |
| 21305B0210/00P002 | Brussels | 174 m² | 1 · 92 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Jarda Lift Services
BE 0803.055.872
Beersel · Eq €141k
AZIZ INTERNATIONAL TRADE COMPANY
BE 0551.910.303
Brussel · Eq €142k
ALL-IN.INDUSTRIES
BE 0842.434.409
Kortrijk · Eq €140k
THERMOMATTE
BE 1000.971.605
Wezembeek-Oppem · Eq €142k
Ascubel
BE 0411.906.045
Tielt · Eq €140k
Of 4,060 companies in sector 43240 we hold annual accounts for 1,616. 1,333 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2016
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43211General electrical installation work
43221Plumbing work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.