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MATEC.VSE

Active
Private limited companyfounded 200719 yrs activeMoretusstraat 2A, 1070 Anderlecht, BelgiumKBO/BCE: BE 0888.535.935
Summary

The computed 12-month bankruptcy probability of MATEC.VSE is 3.4% (moderate). The 2024 annual accounts show negative equity (-€37,130) and a net result of -€6,070. Equity is shrinking by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 36365 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MATEC.VSEActiveChecked score 29/100
Risk analysis ReportCompare

Overview

What they do
General electrical installation work
NACE 43211NACE 45310
1 site
How big
€22,621total assets 2024
Equity
-€37,130
Loss
-€6,070
Turnover not published (abridged schema)
Financially healthy?
29 Weak Checked score 2024
Bankruptcy chance 12 m
3.4%
Who decides
Accounts 63 d overdue0 of 8 deeds read
Why 29- Annual accounts: weaker financial profile- Higher-failure-rate sector- Higher-failure-rate region- Negative equity- Filed more than 90 days late+ Long track recordShow the evidence

Checked score

Score 2024
29 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.45 in 2023; short-term debt: 264.1% and cash: 52% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-164.1%
Return on assets
-26.8%
Age of the figures
21 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181920222324
2018 to 2024 · latest year -€37,130
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
31 d late
2022
92 d late
2020
92 d late
2019
120 d late
2018
31 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 76 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)
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. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€37,130 View
  • Risk: 6 loss-making years in a rowloss fiscal year 2024 -€6,070 View
  • Caution: Among the weakest 5% on solvencysector median 46.6% · 36,365 companies -164.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€22,621
Loss
-€6,070
Solvency
-164.1%
Turnover▼ 78.3%
Net result
20182019
Go to Financials

Timeline

Events
11
Since
2014
  1. 31-10-2025Annual accounts filed
  2. 31-08-2024Annual accounts filed
  3. 31-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
04-04-2007
Year ends
31-12
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 Can you trust this company with building work?Contractor 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 How does this company compare with its sector?Sector benchmark

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