Materials Consult
ActiveSummary
Materials Consult has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €8k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+12
Solvency43▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.8 against 1.13 in 2023; short-term debt: 12% and cash: 3% of total assets), and 82.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
17.5%
Return on assets
2.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
29 d early
2022
49 d early
2021
39 d early
2020
9 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 15.0%
2023 · €51k
2018: €38klowest in 7 years
2019: €57k▲ +50.9% vs 2018
2020: €41k▼ -27.9% vs 2019
2021: €53k▲ +28.4% vs 2020
2022: €49k▼ -6.9% vs 2021
2023: €51k▲ +4.3% vs 2022
2024: €59k▲ +15.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€337k▼ 9.6%
2023 · €372k
2018: €73klowest in 7 years
2019: €76k▲ +5.0% vs 2018
2020: €364k▲ +378% vs 2019
2021: €369k▲ +1.4% vs 2020
2022: €357k▼ -3.3% vs 2021
2023: €372k▲ +4.2% vs 2022highest in 7 years
2024: €337k▼ -9.6% vs 2023
2018 → 2024
Net result
€8k▲ 265%
2023 · €2k
2018: €-2k
2019: €19k▲ +1177% vs 2018highest in 7 years
2020: €-16k▼ -183% vs 2019lowest in 7 years
2021: €12k▲ +173% vs 2020
2022: €-4k▼ -131% vs 2021
2023: €2k▲ +158% vs 2022
2024: €8k▲ +265% vs 2023
2018 → 2024
Working capital
€-8k
2023 · €6k
2018: €50k
2019: €56k▲ +13.8% vs 2018highest in 7 years
2020: €18k▼ -68.1% vs 2019
2021: €19k▲ +5.4% vs 2020
2022: €6k▼ -70.4% vs 2021
2023: €6k▲ +12.1% vs 2022
2024: €-8k▼ -227% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€53k▲ 28.4%€49k▼ 6.9%€51k▲ 4.3%€59k▲ 15.0%
2020: €41klowest in 5 years
2021: €53k▲ +28.4% vs 2020
2022: €49k▼ -6.9% vs 2021
2023: €51k▲ +4.3% vs 2022
2024: €59k▲ +15.0% vs 2023highest in 5 years
Operating result€-16k-€16k€377▼ 97.7%€9k▲ 2,221%€15k▲ 76.5%
2020: €-16klowest in 5 years
2021: €16k▲ +203% vs 2020highest in 5 years
2022: €377▼ -97.7% vs 2021
2023: €9k▲ +2221% vs 2022
2024: €15k▲ +76.5% vs 2023
Net result€-16k-€12k€-4k€2k€8k▲ 265%
2020: €-16klowest in 5 years
2021: €12k▲ +173% vs 2020highest in 5 years
2022: €-4k▼ -131% vs 2021
2023: €2k▲ +158% vs 2022
2024: €8k▲ +265% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 76% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €337k
Fixed assets
€304k ▼ 3.9%
Current assets
€32k ▼ 41.7%
Equity and liabilities €337k
Equity
€59k ▲ 15.0%
Debt
€278k ▼ 13.5%
Debt's share of the balance-sheet total falls from 86.2% to 82.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2023 · €22k
Cash flow
€20k▲
2023 · €15k
Current ratio
0.80▼
2023 · 1.13
Debt to equity
4.71▼
2023 · 6.26
ROE
13.1%▲
2023 · 4.1%
ROA
2.3%▲
2023 · 0.6%
Interest coverage
6.85▲
2023 · 4.89
Debt ≤ 1 year
€40k▼
2023 · €49k
Debt > 1 year
€237k▼
2023 · €260k
Income taxes
€4k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€372k€337k▼
Fixed assets21/28€317k€304k▼
Tangible fixed assets22/27€317k€304k▼
Land and buildings22€314k€303k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€568-
Current assets29/58€55k€32k▼
Amounts receivable within one year40/41€12k€22k▲
Trade receivables40€12k€22k▲
Cash at bank and in hand54/58€43k€10k▼
Equity and liabilities
Total equity and liabilities10/49€372k€337k▼
Equity10/15€51k€59k▲
Contributions10/11€19k€19k=
Reserves13€33k€40k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€31k€38k▲
Amounts payable17/49€321k€278k▼
Amounts payable after more than one year17€260k€237k▼
Financial debts170/4€260k€237k▼
Amounts payable within one year42/48€49k€40k▼
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€16k€10k▼
Taxes450/3€16k€10k▼
Other amounts payable47/48€14€2k▲
Accrued charges and deferred income492/3€12k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€24k€30k▲
Operating profit (loss)9901€9k€15k▲
Financial income75/76B€10€19▲
Recurring financial income75€10€19▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€2k€8k▲
Profit (loss) for the period to be appropriated9905€2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€8k▲
Transfer to equity691/2€2k€8k▲
To other reserves6921€2k€8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €11k | €12k | €13k | €12k | ▼ 6.3% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €2k | ▲ 2.7% |
| Gross operating margin9900 | €23k | €29k | €15k | €24k | €30k | ▲ 24.2% |
| Operating profit (loss)9901 | €-16k | €16k | €377 | €9k | €15k | ▲ 76.5% |
| Financial income75/76B | - | - | - | €10 | €19 | ▲ 94.2% |
| Recurring financial income75 | €884 | - | - | €10 | €19 | ▲ 94.2% |
| Financial charges65/66B | - | €4k | €4k | €5k | €4k | ▼ 9.5% |
| Recurring financial charges65 | €708 | €4k | €4k | €5k | €4k | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €-16k | €12k | €-3k | €4k | €11k | ▲ 168% |
| Income taxes67/77 | €188 | €816 | €211 | €2k | €4k | ▲ 71.6% |
| Profit (loss) for the period9904 | €-16k | €12k | €-4k | €2k | €8k | ▲ 265% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €12k | €-4k | €2k | €8k | ▲ 265% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €364k | €369k | €357k | €372k | €337k | ▼ 9.6% |
| Fixed assets21/28 | €305k | €311k | €323k | €317k | €304k | ▼ 3.9% |
| Tangible fixed assets22/27 | €305k | €311k | €323k | €317k | €304k | ▼ 3.9% |
| Land and buildings22 | - | €307k | €321k | €314k | €303k | ▼ 3.5% |
| Plant, machinery and equipment23 | - | €483 | €117 | €2k | €1k | ▼ 44.4% |
| Furniture and vehicles24 | - | €4k | €2k | €568 | - | - |
| Current assets29/58 | €59k | €58k | €34k | €55k | €32k | ▼ 41.7% |
| Amounts receivable within one year40/41 | €30k | €30k | €12k | €12k | €22k | ▲ 81.7% |
| Trade receivables40 | - | €30k | €12k | €12k | €22k | ▲ 81.7% |
| Cash at bank and in hand54/58 | €30k | €28k | €21k | €43k | €10k | ▼ 76.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €364k | €369k | €357k | €372k | €337k | ▼ 9.6% |
| Equity10/15 | €41k | €53k | €49k | €51k | €59k | ▲ 15.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €23k | €34k | €31k | €33k | €40k | ▲ 23.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €32k | €29k | €31k | €38k | ▲ 25.0% |
| Amounts payable17/49 | €323k | €316k | €308k | €321k | €278k | ▼ 13.5% |
| Amounts payable after more than one year17 | €282k | €277k | €280k | €260k | €237k | ▼ 8.6% |
| Financial debts170/4 | - | €277k | €280k | €260k | €237k | ▼ 8.6% |
| Amounts payable within one year42/48 | €41k | €39k | €28k | €49k | €40k | ▼ 18.0% |
| Current portion of amounts payable after more than one year42 | - | €19k | €20k | €22k | €22k | ▲ 1.5% |
| Trade debts44 | €11k | €6k | €5k | €11k | €5k | ▼ 50.8% |
| Suppliers440/4 | - | €6k | €5k | €11k | €5k | ▼ 50.8% |
| Taxes, remuneration and social security45 | - | €7k | €1k | €16k | €10k | ▼ 36.6% |
| Taxes450/3 | - | €7k | €1k | €16k | €10k | ▼ 36.6% |
| Other amounts payable47/48 | - | €6k | €2k | €14 | €2k | ▲ 15,735% |
| Accrued charges and deferred income492/3 | - | - | - | €12k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €12k | €-4k | €2k | €8k | ▲ 265% |
| + Depreciation and write-downs630 | €2k | €11k | €12k | €13k | €12k | ▼ 6.3% |
| Operating cash flow (approximation) | €-14k | €22k | €8k | €15k | €20k | ▲ 30.9% |
| Investment in fixed assets (approximation) | - | €-17k | €-24k | €-7k | €0 | ▲ 100% |
| Change in cash | - | €-2k | €-7k | €22k | €-33k | ▼ 250% |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Boutersem · 1 establishment unit since 2006
Ground area
1,558 m²
Building footprint
846 m²
Volume, LiDAR
3,906 m³
Parcel 24049A0258/00G000, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
"Materials Consult" en "B-FORCE"
since 20062.152.232.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24049A0258/00G000 | Flanders | 1,558 m² | 1 · 846 m² | 11.1 m · 1 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.
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,006 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 (pre-2019)
Founded12-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
77399Renting and leasing of other machinery, equipment and tangible goods
Scores and ratios are computed by Checked and are not a credit decision.