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MATEO

Active
Private limited companyfounded 20233 yrs activeLouizalaan 287, 1050 Elsene, BelgiumKBO/BCE: BE 0803.612.633
Summary

The computed 12-month bankruptcy probability of MATEO is 10.4% (high). The 2025 annual accounts show negative equity (-€1,811) and a net result of -€7,227. Equity is shrinking by ~74.5% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-69
Solvency0▼-77
Growth32=
Track record94
Bankruptcy probability, 12 months
10.4% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 1.88 in 2024; short-term debt: 134.4% and cash: 39.5% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-34.4%
Return on assets
-137.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€1,811
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
3 d early
2023
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 July 2023, MATEO was incorporated as a Private limited company.1 Total assets went from EUR 22,477 in 2023 to EUR 5,268 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€1,811
2024 · €5,416
Total assets
€5,268▼ 49.6%
2024 · €10,460
Net result
-€7,227▼ 110,747%
2024 · -€7
Working capital
-€2,836
2024 · €4,425
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
Line202320242025
Operating result€13,297-€979▼ 92.6%-€7,092
Net result€11,556--€7-€7,227▼ 110,747%
Equity€6,256-€5,416▼ 13.4%-€1,811
Total assets€22,477-€10,460▼ 53.5%€5,268▼ 49.6%
Debt€16,221-€5,043▼ 68.9%€7,078▲ 40.4%
Working capital€6,256-€4,425▼ 29.3%-€2,836
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2023: €13,297€13,297Net result 2023: €11,556€11,556Operating result 2024: €979€979Net result 2024: -€7-€7Operating result 2025: -€7,092-€7,092Net result 2025: -€7,227-€7,227202320242025-€10,000€0€10,000Operating result 2023: €13,297€13,300Net result 2023: €11,556€11,600Operating result 2024: €979€979Net result 2024: -€7-€7Operating result 2025: -€7,092-€7,090Net result 2025: -€7,227-€7,230202320242025
The operating result turns negative in 2025: a loss of €7,092 after €979 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,268
Fixed assets €1,025 ▲ 3.4%
Current assets €4,242 ▼ 55.2%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€6,243▼
2024 · €1,452
Cash flow
-€6,379▼
2024 · €467
Solvency
-34.4%▼
2024 · 51.8%
Current ratio
0.60▼
2024 · 1.88
Debt to equity
-3.91▼
2024 · 0.93
ROA
-137.2%▼
2024 · -0.1%
Interest coverage
-39.06▼
2024 · 7.51
Debt ≤ 1 year
€7,078▲
2024 · €5,043
Income taxes
-€25▼
2024 · €1,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 10.4% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,663 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,460€5,268▼
Fixed assets21/28€991€1,025▲
Tangible fixed assets22/27€991€1,025▲
Furniture and vehicles24€991€1,025▲
Current assets29/58€9,468€4,242▼
Amounts receivable after more than one year29€8,341-
Other amounts receivable291€8,341-
Amounts receivable within one year40/41€786€2,162▲
Trade receivables40-€2,158
Other amounts receivable41€786€4▼
Cash at bank and in hand54/58€341€2,080▲
Equity and liabilities
Total equity and liabilities10/49€10,460€5,268▼
Equity10/15€5,416-€1,811▼
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€3,916-€3,311▼
Amounts payable17/49€5,043€7,078▲
Amounts payable within one year42/48€5,043€7,078▲
Trade debts44€1,257€4,311▲
Suppliers440/4€1,257€4,311▲
Taxes, remuneration and social security45€2,893€1,361▼
Taxes450/3€2,893€1,361▼
Other amounts payable47/48€893€1,407▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€473€849▲
Other operating charges640/8€137€129▼
Gross operating margin9900€1,589-€6,114▼
Operating profit (loss)9901€979-€7,092▼
Financial income75/76B€260-
Recurring financial income75€260-
Financial charges65/66B€193€160▼
Recurring financial charges65€193€160▼
Profit (loss) for the period before taxes9903€1,046-€7,252▼
Income taxes67/77€1,052-€25▼
Profit (loss) for the period9904-€7-€7,227▼
Profit (loss) for the period to be appropriated9905-€7-€7,227▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,749-€3,311▼
Profit (loss) brought forward from the previous period14P€4,756€3,916▼
Profit to be distributed694/7€833-
Return on contributions (dividend)694€833-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€949€473€849▲ 79.4%
Other operating charges640/8€189€137€129▼ 5.6%
Gross operating margin9900€14,435€1,589-€6,114▼ 485%
Operating profit (loss)9901€13,297€979-€7,092▼ 825%
Financial income75/76B€128€260--
Recurring financial income75€128€260--
Financial charges65/66B€28€193€160▼ 17.3%
Recurring financial charges65€28€193€160▼ 17.3%
Profit (loss) for the period before taxes9903€13,397€1,046-€7,252▼ 794%
Income taxes67/77€1,841€1,052-€25▼ 102%
Profit (loss) for the period9904€11,556-€7-€7,227▼ 110,747%
Profit (loss) for the period to be appropriated9905€11,556-€7-€7,227▼ 110,747%
Line202320242025Change
Assets
Total assets20/58€22,477€10,460€5,268▼ 49.6%
Fixed assets21/28-€991€1,025▲ 3.4%
Tangible fixed assets22/27-€991€1,025▲ 3.4%
Furniture and vehicles24-€991€1,025▲ 3.4%
Current assets29/58€22,477€9,468€4,242▼ 55.2%
Amounts receivable after more than one year29€7,000€8,341--
Other amounts receivable291€7,000€8,341--
Amounts receivable within one year40/41€9,868€786€2,162▲ 175%
Trade receivables40€9,864-€2,158-
Other amounts receivable41€4€786€4▼ 99.5%
Cash at bank and in hand54/58€5,609€341€2,080▲ 511%
Equity and liabilities
Total equity and liabilities10/49€22,477€10,460€5,268▼ 49.6%
Equity10/15€6,256€5,416-€1,811▼ 133%
Contributions10/11€1,500€1,500€1,500=
Profit (loss) carried forward14€4,756€3,916-€3,311▼ 185%
Amounts payable17/49€16,221€5,043€7,078▲ 40.4%
Amounts payable within one year42/48€16,221€5,043€7,078▲ 40.4%
Trade debts44€1,251€1,257€4,311▲ 243%
Suppliers440/4€1,251€1,257€4,311▲ 243%
Taxes, remuneration and social security45€8,170€2,893€1,361▼ 53.0%
Taxes450/3€8,170€2,893€1,361▼ 53.0%
Other amounts payable47/48€6,800€893€1,407▲ 57.5%
Line202320242025Change
Profit (loss) for the period9904€11,556-€7-€7,227▼ 110,747%
+ Depreciation and write-downs630€949€473€849▲ 79.4%
Operating cash flow (approximation)€12,505€467-€6,379▼ 1,467%
Investment in fixed assets (approximation)---€883-
Change in cash--€5,268€1,739▲ 133%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€7,227
Net result drops to -€7,227, the lowest in the series.
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 acts for this company are 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, Elsene · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,384 m²
Building footprint
2,779 m²
Volume, LiDAR
47,299 m³
Parcel 21807G0172/00G000, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
74 companies at this address See who is registered here
1 establishment unit
MATEO
Louizalaan 287, 1050 ElseneBusiness consulting
since 20232.348.506.491
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0172/00G000 Brussels 3,384 m² 1 · 2,779 m² 31.7 m · 8 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-07-2023
Fiscal year end31-12
Contact
E-mail mathieu.rentiers@live.be
Phone +32479841853
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803612633
Also 9925:BE0803612633
Registered 03-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.