MATERIALISONS
ActiveSummary
The computed 12-month bankruptcy probability of MATERIALISONS is 2.1% (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 13,660 sector peers (NACE 46, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€16,097
- Loss
- -€18,115
Why 51raises riskLoss of €18,115 (financial year 2025)Negative equity -€16,0972 establishment unitslowers riskSize: total assets €24,747Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, 7% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 45 days before the deadline; 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)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€18,115
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00414604.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €17,873 after €1,198 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,007 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €891 | €891 | €891 | €891 | €311 | €372 | €891 | €1,747 | ▲ 96.2% |
| Other operating charges640/8 | - | - | - | €79 | €369 | €797 | - | €372 | - |
| Gross operating margin9900 | -€8,355 | -€7,651 | -€4,862 | €3,824 | €1,258 | €443 | €2,089 | -€15,754 | - |
| Operating profit (loss)9901 | -€9,954 | -€8,761 | -€5,972 | €2,854 | €579 | -€726 | €1,198 | -€17,873 | - |
| Financial income75/76B | - | - | - | - | - | - | - | €0 | - |
| Recurring financial income75 | €42 | €0 | €330 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €257 | €120 | €120 | €135 | €242 | ▲ 79.1% |
| Recurring financial charges65 | €355 | €571 | €980 | €257 | €120 | €120 | €135 | €242 | ▲ 79.1% |
| Profit (loss) for the period before taxes9903 | -€10,266 | -€9,332 | -€6,622 | €2,597 | €459 | -€846 | €1,063 | -€18,115 | - |
| Income taxes67/77 | - | €7,626 | €189 | €1,174 | €2,608 | €120 | - | - | - |
| Profit (loss) for the period9904 | -€10,266 | -€16,958 | -€6,811 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | - |
| Profit (loss) for the period to be appropriated9905 | €4,975 | -€16,958 | -€6,811 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €54,087 | €13,770 | €4,990 | €5,716 | €4,099 | €3,144 | €3,572 | €24,747 | ▲ 593% |
| Fixed assets21/28 | €2,673 | €1,782 | €891 | - | €804 | €433 | €2,042 | €3,568 | ▲ 74.7% |
| Tangible fixed assets22/27 | €2,673 | €1,782 | €891 | - | €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 | €51,415 | €11,989 | €4,099 | €5,716 | €3,295 | €2,711 | €1,530 | €21,179 | ▲ 14× |
| Stocks and contracts in progress3 | - | - | - | - | - | - | - | €10,143 | - |
| Stocks30/36 | - | - | - | - | - | - | - | €10,143 | - |
| Amounts receivable within one year40/41 | €50,714 | €6,406 | €3,405 | €5,166 | €1,230 | €2,328 | €804 | €10,228 | ▲ 13× |
| Trade receivables40 | - | - | - | €3,127 | €190 | €1,762 | €156 | €8,291 | ▲ 53× |
| Other amounts receivable41 | - | - | - | €2,038 | €1,041 | €566 | €648 | €1,936 | ▲ 199% |
| Cash at bank and in hand54/58 | €701 | €5,087 | €694 | €550 | €2,064 | €383 | €727 | €809 | ▲ 11.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €54,087 | €13,770 | €4,990 | €5,716 | €4,099 | €3,144 | €3,572 | €24,747 | ▲ 593% |
| Equity10/15 | €26,416 | €9,458 | €2,647 | €4,069 | €1,920 | €955 | €2,018 | -€16,097 | - |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | - | - | - | - | - |
| Other1109/19 | - | - | - | €6,200 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €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 | €18,356 | €1,398 | -€5,413 | -€3,991 | -€6,140 | -€7,105 | -€6,042 | -€24,157 | ▼ 300% |
| Amounts payable17/49 | €27,671 | €4,313 | €2,343 | €1,647 | €2,179 | €2,189 | €1,554 | €40,844 | ▲ 26× |
| Amounts payable within one year42/48 | €27,671 | €4,313 | €2,343 | €1,647 | €2,179 | €2,189 | €1,554 | €40,844 | ▲ 26× |
| Trade debts44 | - | €4,280 | €1,341 | €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 | ▲ 21× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,266 | -€16,958 | -€6,811 | €1,423 | -€2,149 | -€965 | €1,063 | -€18,115 | - |
| + Depreciation and write-downs630 | €891 | €891 | €891 | €891 | €311 | €372 | €891 | €1,747 | ▲ 96.2% |
| Operating cash flow (approximation) | -€9,375 | -€16,067 | -€5,920 | €2,313 | -€1,839 | -€594 | €1,954 | -€16,367 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | €0 | -€2,500 | -€3,273 | ▼ 30.9% |
| Change in cash | - | €4,386 | -€4,393 | -€144 | €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.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00414604 |
| 31-12-2024 | micro format | 06-05-2025 | 2025-00093638 |
| 31-12-2023 | micro format | 28-02-2024 | 2024-00039397 |
| 31-12-2022 | micro format | 05-06-2023 | 2023-00109540 |
| 31-12-2021 | micro format | 23-05-2022 | 2022-20034737 |
| 31-12-2020 | micro format | 08-06-2021 | 2021-18400109 |
| 31-12-2019 | micro format | 20-10-2020 | 2020-62800153 |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54200203 |
| 31-12-2017 | full format | 31-08-2018 | 2018-57700387 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FRANCIS Matthieu Simon |
|
| DUPUIS Julie |
|
Owners and capital
Capital and shareholders
- 18-12-2023 Converted to unavailable equity · €8,060
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-12
Gazette deed
Resignation: FRANCIS Matthieu Simon (director)Appointment: FRANCIS Matthieu Simon (director) · Amendment of the articles · Legal-form conversion11 facts ▸
- General meeting, 13-12-2023, “assemblée générale extraordinaire des associés” (deed in French)
- Amendment of the articles (2 times)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Share issue, 100, “en rémunération des apports” (deed in French)
- Other provision, “coordination des statuts, notaire soussigné établir et signer coordination conformément décision précédente et assurer dépôt au dossier société” (deed in French)
- Director resignation, FRANCIS Matthieu Simon
- Director appointment, FRANCIS Matthieu Simon (director (not named in the articles))
- Director discharge, FRANCIS Matthieu Simon
- Registered office clause, “6030 Charleroi,rue Martinsen 32, SIXIEME RESOLUTION” (deed in French)
- Other provision, “francismatth@gmail.com, adresse e-mail société” (deed in French)
23-11
Gazette deed
Resignation: DUPUIS Julie (director)Permanent representative: BLONDIAUX Thomma · Registered-office move5 facts ▸
- General meeting, 26-08-2022
- Director resignation, DUPUIS Julie (director)
- Registered-office move, Rue Martinsen 32 à 6030 MARCHIENNE-AU-PONT
- Permanent representative, BLONDIAUX Thomma
- Director in office, ST CONSULTING SComm (director)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52012A0813/00C000 | Wallonia | 240 m² | 1 · 76 m² | 14.1 m · 4 |
| 52044B0039/00H000 | Wallonia | 94 m² | 1 · 37 m² | 8.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MATERIALISONS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales,actionnaires ou non, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Émission entièrement souscrite ou plus aucun actionnaire ne se prévale, apport en numéraire avec émission de nouvelles actions” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale délibérant formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et quelque moment, administrateur(s) en fonction désignés comme liquidateur(s) en vertu statuts si aucun autre désigné” (deed in French)