Equity
-€236,169
Debts exceed assets in financial year 2025.
MATEL
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €90,963 (2020)
€28,917▲ 40.5%
lowest -€53,506 (2015)
-€9,122▲ €9,241
peak €6,123 (2013)
-€236,169▼ €9,122
€386,671▼ 3.2%
Board9 names since 2016
3 directors and 2 others
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €20,579 to €28,917Loss of €9,122
Key points
from the 2025 annual accountsLosses
-€72,657 in five years
Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€386,671 257% of the balance sheet
Financial debts 25%Suppliers 1%Other 74%
Of this, €290,325 falls due within a year.
2025 accounts filed 18 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as MATEL has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,795 companies, not a prediction for MATEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
2 directors resigning, 3 reappointments
Reappointments: (managing director), and · Resignations: and · General meeting of 29-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0443240609
Capital decrease of €125,659.61 to €61,500
Capital from €187,159.61 to €61,500 · Gazette deed
1 director appointed, 4 reappointments
Reappointments: , , and · Appointment: (managing director) · General meeting of 31-12-2018 · Gazette deed
Official details
Source: KBO- Status
- Active since 08-02-1991Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.054.198.1973000 Leuven, since 18-09-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 23-02-2026
Insights on MATEL
MATEL files the micro format. That format states no turnover. The gross margin fell from €39,355 in 2006 to €28,917 in 2025.
The balance sheet grew most in 2014 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MATEL
- What is the company number of MATEL?
- The company number of MATEL is 0443.240.609. The VAT number is the same number with BE in front: BE 0443.240.609.
- Where is MATEL based?
- The registered office is at Vlamingenstraat 49, 3000 Leuven.Company details
- What is the legal form of MATEL?
- MATEL is a public limited company (NV).
- When was MATEL founded?
- MATEL was founded on 08-02-1991.
- Is MATEL still active?
- Yes, MATEL is an active enterprise in the KBO register.
- What is the turnover of MATEL?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €28,917 and 3,276 comparable companies of the same size. It probably lies between €68,000 and €200,000. It is a rough estimate.Financials
- Is MATEL profitable?
- In financial year 2025, MATEL made a loss of €9,122.
- Where can I find the annual accounts of MATEL?
- MATEL filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MATEL due?
- MATEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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