MATECO BELGIUM
ActiveFrom the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MATECO BELGIUM has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96.7m and a net result of -€4.2m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 08-11-2017 Normal situation
- Legal form
- Public limited company
- Registered office
- Mannebeekstraat 4, 8790 Waregem
- Activity
- Wholesale of information and communication equipment NACE 46500and 2 others
- Establishment units
- 3 establishment units
- Financial year end
- 31 December
- Peppol
- Reachable since 08-09-2025
Board and ownership
Board
- QUVA INVESTChair · permanent representative VANHALST Pascal Gilbert Lieven
- DDmc2CEO · permanent representative Didier Dhaenens
- Carpinus Consult BVDirector · since 27-09-2023
- DCQ ConsultDirector · since 27-09-2023
- mateco SARLDirector · since 27-09-2023
Shareholders
- mateco SARL100%annual accounts 2025
- Quertus Group S.à.r.l.consolidatesannual accounts 2022
- Quva Invest NVconsolidatesannual accounts 2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Turnover
- €25.5m
- ▲ 11.9%
- Loss
- €4.2m
- ▲ 11.5%
- Equity
- €96.7m
- ▼ 4.2%
- Total assets
- €103.4m
- ▼ 2.4%
- Staff
- 80.2 FTE
- ▲ 17.6%
2025 accounts filed 4 days after the deadline
Filed on 04-08-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 4.25, cash €69,947Loss of €4.2m, the second in a row (financial year 2025)lowers riskSize: turnover €25.5m, 80.2 FTE, total assets €103.4mLegal form: public limited companyShow the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of medium-sized companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 93.6% of total assets
Liquidity
50=
short-term debt 5.9% · cash 0.1%
Profitability
76=
return on assets -4.1%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.2 percentage points vs 04-2025
06-2025: 1.7%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 1.5%▼ -0.2 percentage points vs 06-2025
08-2025: 1.2%▼ -0.3 percentage points vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.0%▼ -0.2 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.2%▲ +0.2 percentage points vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.5 percentage points vs 06-2026
08-2026: 0.9%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €2,550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.25 (6.94 in 2024), above the usual 1.5. Short-term debt is 5.9% and cash 0.1% of total assets. 6.4% of the assets are financed with debt and provisions.
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, medium-sized). It does better than 93% of them on solvency, 72% on liquidity, 83% on profitability and 53% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€4.2m
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
4 days late
2024
24 days early
2023
28 days early
2022
60 days late
2021
2 days early
2020
29 days early
2019
30 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 7 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 21 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 04-08-2026
- Annual accounts 2024filed on 07-07-2025
- Annual accounts 2023filed on 03-07-2024
- Annual accounts 2022filed on 29-09-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 17-12-2025
- Resignations & appointmentsact of 28-11-2025
- Resignations & appointmentsact of 06-08-2025
- Resignations & appointmentsact of 27-01-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MATECO BELGIUM
- What is the company number of MATECO BELGIUM?
- The company number of MATECO BELGIUM is 0684.509.796. The VAT number is the same number with BE in front: BE 0684.509.796.
- Where is MATECO BELGIUM based?
- The registered office is at Mannebeekstraat 4, 8790 Waregem.Company details
- What does MATECO BELGIUM do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of MATECO BELGIUM?
- The legal form of MATECO BELGIUM is Public limited company (NV).
- When was MATECO BELGIUM founded?
- MATECO BELGIUM was founded on 08-11-2017.
- Is MATECO BELGIUM still active?
- Yes, MATECO BELGIUM is an active enterprise in the KBO register.
- How many employees does MATECO BELGIUM have?
- MATECO BELGIUM had an average of 80.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MATECO BELGIUM?
- The turnover of MATECO BELGIUM was €25.5m in financial year 2025, according to the filed annual accounts.
- Is MATECO BELGIUM profitable?
- In financial year 2025, MATECO BELGIUM made a loss of €4.2m.
- Where can I find the annual accounts of MATECO BELGIUM?
- MATECO BELGIUM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of MATECO BELGIUM due?
- MATECO BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to MATECO BELGIUM
Comparable companies
These companies have the same main activity as MATECO BELGIUM: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €24m and €154m, founded between 2005 and 2014.
| Company | Total assets | Turnover |
|---|---|---|
| MATECO BELGIUM Waregem | €103.4m | €25.5m |
| TELEVIC RAIL Izegem | €71.3m | €56.1m |
| TELEVIC Izegem | €51.3m | €63.2m |
| Huawei Technologies (Belgium) Watermaal-Bosvoorde | €31.7m | €45.8m |
| ESSELTE BUSINESS Sint-Niklaas | €153.5m | €45.1m |
| RYDOO Mechelen | €25.7m | €20.4m |
| iDocta Waregem | €24.5m | €23.2m |
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