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MATEGRO

Active
Public limited companyfounded 198244 years activeRue du Rivage 35, 4040 Herstal, BelgiumKBO/BCE: BE 0422.859.127
Summary

MATEGRO has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €314,503. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 6,033 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of construction materials, general range
NACE 46831
3 sites
Size
€13.9mturnover 2025
Staff
10.6 FTE
Equity
€5.3m
Profit
€314,503
Financial health
94 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
EUROGRI · 100%
Board
4 members
Holdings
1
Auditor: SPRL ALAIN LONHIENNEAccounts 44 days early
Why 94+ Founded in 1982+ Equity €5.3m (69.0% of total assets)+ Legal form Public limited company+ Size: turnover €13.9m, 10.6 FTE, total assets €7.7mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Strong
Solvency 94-5
equity 69.0% of total assets
Liquidity 49-1
short-term debt 26.6% · cash 7.1%
Profitability 61+2
return on assets 4.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,377 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 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 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit up to €490,000 at 30 days acceptable
Liquidity ample (current ratio 3.26 against 4.25 in 2024; short-term debt: 26.6% and cash: 7.1% of total assets), and 31% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 78% on solvency, 59% on liquidity, 46% on profitability and 28% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Founded in 1982
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €5.3m (69.0% of total assets)
NBB · annual accounts
lowers risk · Legal form Public limited company
KBO
lowers risk · Size: turnover €13.9m, 10.6 FTE, total assets €7.7m
The company's size counts in the probability; how much depends on the rest of its 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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
71 days early
2023
71 days early
2022
75 days early
2021
75 days early
2020
23 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignations: Marco KRIJGSMAN (director) and Jürgen…Appointment: Roel VRIENS (director)
  3. Reappointment: Libra Audit & Assurance (statutory…State Gazette act

Key points

  • Board changedlatest change 13-03-2026 · 4 in office 1 joined · 2 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €314,503 8 years View
  • Controlled by EUROGRIknown shareholders 100% 100% View
  • Positive: Result rose in 2025from €222,285 to €314,503 ▲ 41.5% View

By topic

Financials

Fiscal year
2025
Turnover
€13.9m
Profit
€314,503
Solvency
69.0%
Turnover▼ 4.3%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
EUROGRI · 100%
Known shareholders
100%
Auditor
SPRL ALAIN LONHIENNE
Go to Board & ownership

Network & group

Group
BELMAGRI HOLDING
Subsidiaries
1
Mergers and contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
32
Since
2006
Next accounts
by 31-07-2027
  1. 21-05-2025Annual accounts filed
  2. 18-07-2024Resignation: Michaël DANKKERS (director and managing director)
  3. 29-05-2024Resignations: DANKERS Michaël, PUFF Jürgen and 2…
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Wholesale of construction materials, general rangeNACE 46831
Founded
01-06-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Négoce de matériaux de construction, travaux de terrassement et de démolition…
Go to Articles of association

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