MATELEK
ActiveSummary
MATELEK has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536,772 and a net result of €38,480. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+14
Solvency100=
Growth60=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 11.28 against 10.87 in 2024; short-term debt: 8.1% and cash: 51.1% of total assets), and 8.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.8%
Return on assets
6.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
13 d early
2023
19 d late
2022
4 d late
2021
12 d early
2020
192 d late
2019
21 d late
← 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 30 days after 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€940,349▼ 3.6%
2023 · €975,340
EBIT margin
4.3%▲ 0.6pp
2023 · 3.7%
Net result
€38,480▲ 41.4%
2024 · €27,204
Working capital
€485,938▲ 4.2%
2024 · €466,190
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€925,660€975,340€940,349▼ 3.6%
Operating result€19,713▼ 14.0%€42,616▲ 116%€35,876▼ 15.8%€40,169▲ 12.0%€50,829▲ 26.5%
Net result€13,783▼ 15.0%€32,498▲ 136%€27,183▼ 16.4%€27,204▲ 0.1%€38,480▲ 41.4%
EBIT margin2.1%3.7%4.3%▲ 0.6pp
Equity€411,407▲ 3.5%€443,905▲ 7.9%€471,089▲ 6.1%€498,293▲ 5.8%€536,772▲ 7.7%
Total assets€585,041▼ 4.4%€538,454▼ 8.0%€529,395▼ 1.7%€546,051▲ 3.1%€584,566▲ 7.1%
Debt€173,383▼ 19.0%€94,046▼ 45.8%€57,803▼ 38.5%€47,255▼ 18.2%€47,291▲ 0.1%
Working capital€366,409▲ 5.2%€409,925▲ 11.9%€451,575▲ 10.2%€466,190▲ 3.2%€485,938▲ 4.2%
Staff (FTE)1=1=1=1=1=
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584,566
Fixed assets
€51,337 ▲ 57.4%
Current assets
€533,229 ▲ 3.9%
Equity and liabilities €584,566
Equity
€536,772 ▲ 7.7%
Provisions
€503 =
Debt
€47,291 ▲ 0.1%
Debt's share of the balance-sheet total falls from 8.7% to 8.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60,472▲
2024 · €43,483
Cash flow
€48,122▲
2024 · €30,518
Current ratio
11.28▲
2024 · 10.87
Quick ratio
10.04▲
2024 · 8.85
Debt to equity
0.09▼
2024 · 0.09
ROE
7.2%▲
2024 · 5.5%
ROA
6.6%▲
2024 · 5.0%
Interest coverage
1091.16▲
2024 · 150.92
Debt ≤ 1 year
€47,291▲
2024 · €47,255
Income taxes
€14,719▲
2024 · €14,385
Staff costs
€50,921▲
2024 · €49,797
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €925,660 | - | €975,340 | €940,349 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €833,832 | - | €873,047 | €865,060 | - | - |
| Remuneration, social security and pensions62 | €45,027 | €47,007 | €50,130 | €49,797 | €50,921 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,105 | €10,766 | €5,678 | €3,314 | €9,643 | ▲ 191% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €253 | - | - | - | - |
| Other operating charges640/8 | €14,186 | €10,536 | €11,618 | €5,960 | €4,678 | ▼ 21.5% |
| Gross operating margin9900 | €92,031 | €111,178 | €103,302 | €99,240 | €116,071 | ▲ 17.0% |
| Operating profit (loss)9901 | €19,713 | €42,616 | €35,876 | €40,169 | €50,829 | ▲ 26.5% |
| Financial income75/76B | €1,035 | €1,355 | €908 | €1,709 | €2,424 | ▲ 41.9% |
| Recurring financial income75 | €1,035 | €1,355 | €908 | €1,709 | €2,424 | ▲ 41.9% |
| Financial charges65/66B | €1,329 | €1,002 | €610 | €288 | €55 | ▼ 80.8% |
| Recurring financial charges65 | €1,329 | €1,002 | €610 | €288 | €55 | ▼ 80.8% |
| Profit (loss) for the period before taxes9903 | €19,420 | €42,970 | €36,174 | €41,589 | €53,198 | ▲ 27.9% |
| Income taxes67/77 | €5,636 | €10,471 | €8,990 | €14,385 | €14,719 | ▲ 2.3% |
| Profit (loss) for the period9904 | €13,783 | €32,498 | €27,183 | €27,204 | €38,480 | ▲ 41.4% |
| Profit (loss) for the period to be appropriated9905 | €13,783 | €32,498 | €27,183 | €27,204 | €38,480 | ▲ 41.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €585,041 | €538,454 | €529,395 | €546,051 | €584,566 | ▲ 7.1% |
| Fixed assets21/28 | €46,449 | €35,683 | €30,005 | €32,606 | €51,337 | ▲ 57.4% |
| Tangible fixed assets22/27 | €46,178 | €35,412 | €29,734 | €32,335 | €51,066 | ▲ 57.9% |
| Land and buildings22 | €37,343 | €33,120 | €29,734 | €27,095 | €24,456 | ▼ 9.7% |
| Plant, machinery and equipment23 | €0 | €0 | €0 | €2,357 | €1,487 | ▼ 36.9% |
| Furniture and vehicles24 | €8,647 | €2,292 | €0 | €2,883 | €25,123 | ▲ 771% |
| Other tangible fixed assets26 | €188 | €0 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €271 | €271 | €271 | €271 | €271 | = |
| Current assets29/58 | €538,592 | €502,771 | €499,390 | €513,445 | €533,229 | ▲ 3.9% |
| Stocks and contracts in progress3 | €139,672 | €145,643 | €113,860 | €95,430 | €58,450 | ▼ 38.8% |
| Stocks30/36 | €139,672 | €145,643 | €113,860 | €95,430 | €58,450 | ▼ 38.8% |
| Amounts receivable within one year40/41 | €163,961 | €155,602 | €153,117 | €125,953 | €175,351 | ▲ 39.2% |
| Trade receivables40 | €110,481 | €97,122 | €87,752 | €60,625 | €105,872 | ▲ 74.6% |
| Other amounts receivable41 | €53,479 | €58,479 | €65,365 | €65,328 | €69,479 | ▲ 6.4% |
| Cash at bank and in hand54/58 | €234,202 | €201,027 | €232,413 | €291,350 | €298,873 | ▲ 2.6% |
| Deferred charges and accrued income490/1 | €757 | €499 | - | €712 | €555 | ▼ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €585,041 | €538,454 | €529,395 | €546,051 | €584,566 | ▲ 7.1% |
| Equity10/15 | €411,407 | €443,905 | €471,089 | €498,293 | €536,772 | ▲ 7.7% |
| Contributions10/11 | €30,491 | €30,491 | €30,491 | €30,491 | €30,491 | = |
| Capital10 | €30,491 | €30,491 | - | - | - | - |
| Issued capital100 | €30,491 | €30,491 | - | - | - | - |
| Reserves13 | €33,746 | €33,746 | €33,746 | €33,746 | €33,746 | = |
| Non-distributable reserves130/1 | €25,299 | €25,299 | €0 | €0 | €0 | - |
| Legal reserve130 | €4,934 | €4,934 | - | - | - | - |
| Reserves not available under the articles1311 | €20,365 | €20,365 | - | - | - | - |
| Tax-exempt reserves132 | €8,447 | €8,447 | €8,447 | €8,447 | €8,447 | = |
| Distributable reserves133 | - | - | €25,299 | €25,299 | €25,299 | = |
| Profit (loss) carried forward14 | €347,170 | €379,668 | €406,851 | €434,056 | €472,535 | ▲ 8.9% |
| Provisions and deferred taxes16 | €251 | €503 | €503 | €503 | €503 | = |
| Provisions for liabilities and charges160/5 | €251 | €503 | €503 | €503 | €503 | = |
| Taxes161 | €251 | €503 | €503 | €503 | €503 | = |
| Amounts payable17/49 | €173,383 | €94,046 | €57,803 | €47,255 | €47,291 | ▲ 0.1% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €172,183 | €92,846 | €47,815 | €47,255 | €47,291 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | €3,500 | €0 | - | - | - | - |
| Trade debts44 | €143,552 | €64,292 | €10,708 | €9,656 | €10,877 | ▲ 12.7% |
| Suppliers440/4 | €143,552 | €64,292 | €10,708 | €9,656 | €10,582 | ▲ 9.6% |
| Bills of exchange payable441 | - | - | - | - | €295 | - |
| Taxes, remuneration and social security45 | €25,132 | €28,554 | €37,108 | €37,599 | €36,414 | ▼ 3.2% |
| Taxes450/3 | €19,897 | €22,921 | €27,617 | €27,869 | €30,044 | ▲ 7.8% |
| Remuneration and social security454/9 | €5,235 | €5,633 | €9,491 | €9,731 | €6,370 | ▼ 34.5% |
| Accrued charges and deferred income492/3 | €1,200 | €1,200 | €9,988 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,783 | €32,498 | €27,183 | €27,204 | €38,480 | ▲ 41.4% |
| + Depreciation and write-downs630 | €13,105 | €10,766 | €5,678 | €3,314 | €9,643 | ▲ 191% |
| Operating cash flow (approximation) | €26,888 | €43,264 | €32,862 | €30,518 | €48,122 | ▲ 57.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€5,915 | -€28,374 | ▼ 380% |
| Change in cash | - | -€33,175 | €31,386 | €58,937 | €7,524 | ▼ 87.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €38,480 ▲41.4%
Operating result €50,829, net result €38,480, both a record.
31-12
Financial
Equity above €500,000Eq €536,772 ▲7.7%
8 profitable years in a row build equity to €536,772.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 192 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet €261 ▼98%
Net result drops to €261, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 50 days late
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1986
Ground area
194 m²
Building footprint
193 m²
Volume, LiDAR
1,490 m³
Parcel 62814C0222/00L000, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Dossin 47, 4000 Liège
since 19862.156.154.602
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0222/00L000 | Wallonia | 194 m² | 1 · 193 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,244 companies in sector 46643 we hold annual accounts for 953. 717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-11-1985
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
43211General electrical installation work
47540Retail sale of electrical household appliances
Contact
Phone
04/252.20.85Liège
Fax
04/254.00.39Liège
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428023980
Also
9925:BE0428023980
Registered
22-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.