MATERIALISONS
ActiveSummary
The computed 12-month bankruptcy probability of MATERIALISONS is 2.0% (moderate). The 2025 annual accounts show negative equity (-€16,097) and a net result of -€18,115. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 11425 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-81
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52; short-term debt: 165% and cash: 3.3% 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 · 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
-65%
Return on assets
-73.2%
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€16,097
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
21 d late
2024
86 d early
2023
154 d early
2022
56 d early
2021
69 d early
2020
53 d early
2019
81 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 45 days before 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€16,097
2024 · €2,018
Total assets
€24,747▲ 593%
2024 · €3,572
Net result
-€18,115
2024 · €1,063
Working capital
-€19,664▼ 81,767%
2024 · -€24
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
Operating result€2,854€579▼ 79.7%-€726€1,198-€17,873
Net result€1,423-€2,149-€965▲ 55.1%€1,063-€18,115
Equity€4,069▲ 53.7%€1,920▼ 52.8%€955▼ 50.3%€2,018▲ 111%-€16,097
Total assets€5,716▲ 14.6%€4,099▼ 28.3%€3,144▼ 23.3%€3,572▲ 13.6%€24,747▲ 593%
Debt€1,647▼ 29.7%€2,179▲ 32.3%€2,189▲ 0.5%€1,554▼ 29.0%€40,844▲ 2,528%
Working capital€4,069▲ 132%€1,116▼ 72.6%€522▼ 53.2%-€24-€19,664▼ 81,767%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17,873 after €1,198 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,747
Fixed assets
€3,568 ▲ 74.7%
Current assets
€21,179 ▲ 1,284%
Key figures and ratios
EBITDA
-€16,126▼
2024 · €2,089
Cash flow
-€16,367▼
2024 · €1,954
Solvency
-65.0%
Current ratio
0.52
Quick ratio
0.27
Debt to equity
-2.54
ROA
-73.2%
Interest coverage
-66.71▼
2024 · 15.47
Debt ≤ 1 year
€40,844▲
2024 · €1,554
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €891 | €311 | €372 | €891 | €1,747 | ▲ 96.2% |
| Other operating charges640/8 | €79 | €369 | €797 | - | €372 | - |
| Gross operating margin9900 | €3,824 | €1,258 | €443 | €2,089 | -€15,754 | ▼ 854% |
| Operating profit (loss)9901 | €2,854 | €579 | -€726 | €1,198 | -€17,873 | ▼ 1,592% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €257 | €120 | €120 | €135 | €242 | ▲ 79.1% |
| Recurring financial charges65 | €257 | €120 | €120 | €135 | €242 | ▲ 79.1% |
| Profit (loss) for the period before taxes9903 | €2,597 | €459 | -€846 | €1,063 | -€18,115 | ▼ 1,804% |
| Income taxes67/77 | €1,174 | €2,608 | €120 | - | - | - |
| Profit (loss) for the period9904 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | ▼ 1,804% |
| Profit (loss) for the period to be appropriated9905 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | ▼ 1,804% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,716 | €4,099 | €3,144 | €3,572 | €24,747 | ▲ 593% |
| Fixed assets21/28 | - | €804 | €433 | €2,042 | €3,568 | ▲ 74.7% |
| Tangible fixed assets22/27 | - | €804 | €433 | €2,042 | €2,968 | ▲ 45.3% |
| Furniture and vehicles24 | - | €804 | €433 | €2,042 | €2,968 | ▲ 45.3% |
| Financial fixed assets28 | - | - | - | - | €600 | - |
| Current assets29/58 | €5,716 | €3,295 | €2,711 | €1,530 | €21,179 | ▲ 1,284% |
| Stocks and contracts in progress3 | - | - | - | - | €10,143 | - |
| Stocks30/36 | - | - | - | - | €10,143 | - |
| Amounts receivable within one year40/41 | €5,166 | €1,230 | €2,328 | €804 | €10,228 | ▲ 1,172% |
| Trade receivables40 | €3,127 | €190 | €1,762 | €156 | €8,291 | ▲ 5,210% |
| Other amounts receivable41 | €2,038 | €1,041 | €566 | €648 | €1,936 | ▲ 199% |
| Cash at bank and in hand54/58 | €550 | €2,064 | €383 | €727 | €809 | ▲ 11.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,716 | €4,099 | €3,144 | €3,572 | €24,747 | ▲ 593% |
| Equity10/15 | €4,069 | €1,920 | €955 | €2,018 | -€16,097 | ▼ 898% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€3,991 | -€6,140 | -€7,105 | -€6,042 | -€24,157 | ▼ 300% |
| Amounts payable17/49 | €1,647 | €2,179 | €2,189 | €1,554 | €40,844 | ▲ 2,528% |
| Amounts payable within one year42/48 | €1,647 | €2,179 | €2,189 | €1,554 | €40,844 | ▲ 2,528% |
| Trade debts44 | €227 | - | - | - | €7,158 | - |
| Suppliers440/4 | €227 | - | - | - | €7,158 | - |
| Advances received on contracts in progress46 | - | - | - | - | €1,197 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €609 | - |
| Taxes450/3 | - | - | - | - | €609 | - |
| Other amounts payable47/48 | €1,420 | €2,179 | €2,189 | €1,554 | €31,880 | ▲ 1,951% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | ▼ 1,804% |
| + Depreciation and write-downs630 | €891 | €311 | €372 | €891 | €1,747 | ▲ 96.2% |
| Operating cash flow (approximation) | €2,313 | -€1,839 | -€594 | €1,954 | -€16,367 | ▼ 938% |
| Investment in fixed assets (approximation) | - | - | €0 | -€2,500 | -€3,273 | ▼ 30.9% |
| Change in cash | - | €1,514 | -€1,681 | €343 | €82 | ▼ 76.0% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Weakest financial yearnet -€18,115
Net result drops to -€18,115, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1,063
Net result €1,063 after 2 loss-making years.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,423
Net result €1,423 after 3 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Charleroi · 2 establishment units since 2017
Ground area
335 m²
Building footprint
113 m²
Volume, LiDAR
1,180 m³
2 parcels, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
MATERIALISONS
since 20172.259.833.348
MATERIALISONS
since 20252.368.890.250
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52012A0813/00C000 | Wallonia | 240 m² | 1 · 76 m² | 14.1 m · 4 fl. |
| 52044B0039/00H000 | Wallonia | 94 m² | 1 · 37 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,135 companies in sector 46130 we hold annual accounts for 646. 108 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
Founded03-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46232Wholesale trade
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
68110Buying and selling of own real estate
70200Business and other management consultancy
Contact
E-mail
francismatth@gmail.com
Phone
0471772106Charleroi
Scores and ratios are computed by Checked and are not a credit decision.