Financials
- Fiscal year
- 2024
- Total assets
- €414,376
- Profit
- €49,944
- Solvency
- 58.7%
Total assets▲ 7.2%
Net result
20182024
MATEC CEMS
ActiveSummary
MATEC CEMS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €243,155 and a net result of €49,944. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 36364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
Size
€414,376total assets 2024
- Staff
- 2.3 FTE
- Equity
- €243,155
- Profit
- €49,944
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 68- Figures for FY 2024 (filed 25-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 25 days late; 2 of the last 3 late+ Founded in 2006+ Equity €243,155 (58.7% of total assets)Show the evidence
Checked score
Score 2024
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 62% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
84+5
equity 58.7% of total assets
Liquidity
58+5
short-term debt 21.2% · cash 11.7%
Profitability
84+8
return on assets 12.1%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.5%highest value
12-2024: 1.5%● 0.0% vs 11-2024highest value
01-2025: 0.6%▼ -57.5% vs 12-2024
02-2025: 0.7%▲ +4.7% vs 01-2025
03-2025: 0.7%▼ -1.5% vs 02-2025
04-2025: 0.7%▲ +1.2% vs 03-2025
05-2025: 0.7%▲ +2.4% vs 04-2025
06-2025: 0.7%▼ -3.5% vs 05-2025
07-2025: 0.8%▲ +14.6% vs 06-2025
08-2025: 1.0%▲ +31.1% vs 07-2025
09-2025: 0.4%▼ -64.9% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.3%▼ -0.9% vs 12-2025
02-2026: 0.4%▲ +0.9% vs 01-2026
03-2026: 0.3%▼ -1.7% vs 02-2026
04-2026: 0.3%▼ -0.6% vs 03-2026lowest value
05-2026: 0.4%▲ +5.0% vs 04-2026
06-2026: 0.3%▼ -3.6% vs 05-2026
07-2026: 0.4%▲ +1.7% vs 06-2026
08-2026: 0.6%▲ +74.8% vs 07-2026
09-2026: 0.7%▲ +10.7% vs 08-2026
10-2026: 0.9%▲ +33.4% vs 09-2026
- Figures for FY 2024 (filed 25-08-2025) raises the probability
- Founded in 2006 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 25 days late; 2 of the last 3 late raises the probability
- Equity €243,155 (58.7% of total assets) lowers the probability
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.99 in 2023; short-term debt: 21.2% and cash: 11.7% of total assets), and 41.3% 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 43, micro). Better than this share of them on solvency 64%, liquidity 55%, profitability 67%, growth against the median 63%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €49,944 ▲115%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 16
- Since
- 2016
- 25-08-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 11-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 13-01-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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