MATERFOR

Active

Public limited companyfounded 1981active for 45 yearsToegangsweg 36, 1190 Vorst, BelgiumKBO/BCE: BE 0421.991.075

Summary

MATERFOR has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€463,369) and a net result of -€11,440. Equity is shrinking by about 8.9% per year across the filed financial years. Its solvency ranks better than 5% of 13,632 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisFollow Report Compare

MATERFORActiveChecked score 53/100

Risk analysis Report Compare

Activity

Wholesale of construction materials, general range

NACE 46831

1 site

Size

€33,386total assets 2025

Equity: -€463,369
Loss: -€11,440

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.3%

Structure

Largest shareholder: NOTRE METIER CONSTRUIRE · 34.29%

John LorChair
Eric LefèbvreManaging director
Isabelle SculierDirector

2025 accounts 9 days early1 of 3 deeds summarised

Why 53raises riskCapped at 59: negative equityLoss of €11,440, the second in a row (financial year 2025)Negative equity -€463,369lowers riskSize: total assets €33,386Founded in 1981Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 12% of its sector peers (NACE 46, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -1387.9% of total assets

Liquidity 0-1

short-term debt 1487.9%

Profitability 0=

return on assets -34.3%

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▼ -0.3 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 0.8%● unchanged vs 10-2025lowest value 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.9%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%▲ +0.2 percentage points vs 03-2026 05-2026: 1.3%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 1.3%● unchanged vs 05-2026highest value 07-2026: 1.3%● unchanged vs 06-2026highest value 08-2026: 1.3%● unchanged vs 07-2026highest value 09-2026: 1.3%● unchanged vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.07, compared with 0.07 in 2024, below 1), and equity is negative.

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, micro): better than 6% on solvency, 1% on liquidity, 6% on profitability and 35% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Size: total assets €33,386

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €11,440, the second in a row (financial year 2025)

NBB · annual accounts

Negative equity -€463,369

NBB · annual accounts

Founded in 1981

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€463,369

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

9 days early

2024

5 days early

2023

17 days late

2022

2 days early

2021

1 day early

2020

3 days early

2019

on the day

← 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 on the deadline day; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end25-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-04-2026 Annual accounts filedfinancial year 2025 · micro…
25-04-2025 Annual accounts filedfinancial year 2024 · micro…
17-05-2024 Annual accounts filedfinancial year 2023 · full…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€463,369 View
Risk: 7 loss-making years in a rowloss financial year 2025 -€11,440 View
Caution: Among the weakest 5% on solvencysector median 40.7% · 13,632 companies -1387.9% View
Active since 1981founded 15-10-1981 45 years View

By topic

Financials

Financial year: 2025
Total assets: €33,386
Loss: -€11,440
Solvency: -1387.9%

Total assets▼ 6.2%

Net result

20192025

Go to Financials

Board & ownership

Board: 3 members
Largest shareholder: NOTRE METIER CONSTRUIRE · 34.29%

John LorChair
Eric LefèbvreManaging director
Isabelle SculierDirector

Go to Board & ownership

Timeline

Events: 46
Since: 1983
Next accounts: by 30-04-2027

14-11-2023Reappointments: Isabelle Sculier, John Lor and Eric…
28-04-2023Annual accounts filed
29-04-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wholesale of construction materials, general rangeNACE 46831
Founded: 15-10-1981
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MATERFOR

What is the company number of MATERFOR?: 0421.991.075. In Belgium the VAT number is the company number with BE in front: BE 0421.991.075.
Where is MATERFOR based?: The registered office is at Toegangsweg 36, 1190 Vorst.Company details
What does MATERFOR do?: According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of MATERFOR?: Public limited company (NV).
When was MATERFOR founded?: On 15-10-1981.
Is MATERFOR still active?: Yes, MATERFOR is an active enterprise in the KBO register.
How many employees does MATERFOR have?: On average 0.4 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of MATERFOR?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MATERFOR profitable?: In financial year 2025, MATERFOR made a loss of €11,440.
Where can I find the annual accounts of MATERFOR?: MATERFOR filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATERFOR due?: By 30-04-2027, for financial year 2026.Timeline