MATERHIVE
ActiveMATERHIVE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €3k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+27
Solvency84▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.15 in 2024; short-term debt: 41.3% and cash: 26.3% of total assets), and 41.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 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
58.7%
Return on assets
17.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
5 d late
2024
21 d late
2023
8 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▲ 214%
2024 · €1k
2023: €4k
2024: €1k
2023 → 2025
Working capital
€4k▲ 267%
2024 · €1k
2023: €7k
2024: €1k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€7k-€8k▲ 15.2%€11k▲ 41.5%
Operating result€5k-€3k▼ 41.5%€6k▲ 104%
Net result€4k-€1k▼ 72.4%€3k▲ 214%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€7k=
Current assets
€12k▲ 31.9%
Equity and liabilities €19k
Equity
€11k▲ 41.5%
Debt
€8k▼ 3.5%
The debt ratio falls from 50.8% to 41.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
58.7%▲
2024 · 49.2%
Current ratio
1.57▲
2024 · 1.15
Quick ratio
1.57▲
2024 · 1.15
Debt / equity
0.70▼
2024 · 1.03
ROE
29.3%▲
2024 · 13.2%
ROA
17.2%▲
2024 · 6.5%
Debt
€8k▼
2024 · €8k
Debt ≤ 1 year
€8k▼
2024 · €8k
Income taxes
€2k▲
2024 · €1k
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€16k€19k▲
Fixed assets21/28€7k€7k=
Financial fixed assets28€7k€7k=
Current assets29/58€9k€12k▲
Amounts receivable within one year40/41€7k€7k▼
Trade receivables40€438-
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€16k€19k▲
Equity10/15€8k€11k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€5k€8k▲
Amounts payable17/49€8k€8k▼
Amounts payable within one year42/48€8k€8k▼
Trade debts44€2k€207▼
Suppliers440/4€2k€207▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Income statement
Code20242025
Gross operating margin9900€3k€6k▲
Operating profit (loss)9901€3k€6k▲
Financial charges65/66B€506€341▼
Recurring financial charges65€506€341▼
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€1k€3k▲
Profit (loss) for the period to be appropriated9905€1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€8k▲
Profit (loss) brought forward from the previous period14P€4k€5k▲
The notes to these accounts (5 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼72.4%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jaargetijdenlaan 901050 ElseneGround area
1,700 m²
Building footprint
855 m²
Volume, LiDAR
6,442 m³
Parcel 21445C0275/00N007, Brussels · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MATERHIVE
since 20232.348.884.001
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0275/00N007 | Brussels | 1,700 m² | 1 · 855 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MUNDOS
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JVGO
BE 0508.809.144
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MACODO
BE 0869.498.496
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ADL CONSULTING
BE 0637.771.040
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CONSTADA
BE 1013.546.367
Lint · Eq €11k
Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 23,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.