MATENSION
ActiveThe computed 12-month bankruptcy probability of MATENSION is 3.2% (moderate). The 2025 annual accounts show negative equity (€-15k) and a net result of €-3k. Equity is shrinking by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 6% of 10345 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-73
Solvency0▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.8 in 2024; short-term debt: 150.5% and cash: 43.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-50.5%
Return on assets
-9.2%
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €-15k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d early
2023
49 d late
2022
32 d late
2020
31 d late
2019
66 d late
2018
on the day
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-15k▼ 22.4%
2024 · €-12k
2018: €3k
2019: €-6k
2020: €5k
2022: €-9k
2023: €-18k
2024: €-12k
2018 → 2025
Total assets
€29k▼ 53.0%
2024 · €61k
2018: €26k
2019: €17k
2020: €17k
2022: €2k
2023: €48k
2024: €61k
2018 → 2025
Net result
€-3k
2024 · €6k
2018: €-4k
2019: €-9k
2020: €11k
2022: €-4k
2023: €-8k
2024: €6k
2018 → 2025
Working capital
€-17k▼ 11.5%
2024 · €-15k
2018: €-5k
2019: €-14k
2020: €-2k
2023: €-22k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€5k-€-9k€-18k▼ 90.5%€-12k▲ 32.0%€-15k▼ 22.4%
Operating result€7k-€-3k€-8k▼ 148%€6k€-11k
Net result€11k-€-4k€-8k▼ 137%€6k€-3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€2k▼ 33.3%
Current assets
€27k▼ 54.0%
Key figures and ratios
EBITDA
€-10k▼
2024 · €8k
Cash flow
€-2k▼
2024 · €7k
Solvency
-50.5%▼
2024 · -19.4%
Current ratio
0.62▼
2024 · 0.80
Quick ratio
0.48▼
2024 · 0.72
Debt / equity
-2.98▲
2024 · -6.16
ROA
-9.2%▼
2024 · 9.1%
Interest coverage
-54.68▼
2024 · 36.57
Debt
€43k▼
2024 · €73k
Debt ≤ 1 year
€43k▼
2024 · €73k
Income taxes
€268
Staff costs
€60k▲
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€29k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€59k€27k▼
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€24k€6k▼
Other amounts receivable41€24k€6k▼
Cash at bank and in hand54/58€27k€13k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€61k€29k▼
Equity10/15€-12k€-15k▼
Contributions10/11€46k€46k=
Outside capital11€46k€46k=
Other1109/19€46k€46k=
Profit (loss) carried forward14€-58k€-60k▼
Amounts payable17/49€73k€43k▼
Amounts payable within one year42/48€73k€43k▼
Trade debts44€26k€21k▼
Suppliers440/4€26k€21k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€40k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€57k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€968▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€68k€52k▼
Operating profit (loss)9901€6k€-11k▼
Financial income75/76B-€9k
Recurring financial income75-€9k
Non-recurring financial income76B-€9k
Financial charges65/66B€210€182▼
Recurring financial charges65€210€182▼
Profit (loss) for the period before taxes9903€6k€-2k▼
Income taxes67/77-€268
Profit (loss) for the period9904€6k€-3k▼
Profit (loss) for the period to be appropriated9905€6k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-60k▼
Profit (loss) brought forward from the previous period14P€-63k€-58k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 87 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-10-2025
JIARI Abdelkader: Resigned as Director
02-12-2022
EL HACHTI Zakaria: Resigned as Director
Not every act has been read: a resignation may be missing here
8 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schaarbeek · 2 establishment units since 2015
Ground area
292 m²
Building footprint
223 m²
Volume, LiDAR
3,473 m³
2 parcels, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Rubensstraat 1, 1030 Schaarbeek
since 20152.239.621.122
MATENSION
since 20262.393.025.335
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0180/00D003 | Brussels | 164 m² | 1 · 94 m² | 19.5 m · 6 fl. |
| 21910E0042/00M010 | Brussels | 128 m² | 1 · 128 m² | 20.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.239.621.122
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 2,518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.