Mates
ActiveSummary
The computed 12-month bankruptcy probability of Mates is 1.6% (moderate). The 2025 annual accounts show equity of €36k and a net result of €16k. Its solvency ranks better than 47% of 11322 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability90
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.52; short-term debt: 62.2% and cash: 9.1% of total assets), but 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
37.8%
Return on assets
16.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€36k
Total assets
€96k
Net result
€16k
Working capital
€31k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €96k
Fixed assets
€5k
Current assets
€91k
Equity and liabilities €96k
Equity
€36k
Debt
€60k
Debt finances 62.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€24k
Cash flow
€19k
Current ratio
1.52
Quick ratio
0.99
Debt to equity
1.65
ROE
44.9%
ROA
16.9%
Interest coverage
14.69
Debt ≤ 1 year
€60k
Income taxes
€4k
Staff costs
€2k
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet
Code2025
Assets
Total assets20/58€96k
Fixed assets21/28€5k
Intangible fixed assets21€5k
Current assets29/58€91k
Stocks and contracts in progress3€32k
Stocks30/36€32k
Amounts receivable within one year40/41€50k
Trade receivables40€50k
Cash at bank and in hand54/58€9k
Equity and liabilities
Total equity and liabilities10/49€96k
Equity10/15€36k
Contributions10/11€20k
Reserves13€16k
Distributable reserves133€16k
Amounts payable17/49€60k
Amounts payable within one year42/48€60k
Financial debts43€10k
Credit institutions430/8€10k
Trade debts44€22k
Suppliers440/4€22k
Advances received on contracts in progress46€603
Taxes, remuneration and social security45€8k
Taxes450/3€7k
Remuneration and social security454/9€520
Other amounts payable47/48€19k
Income statement
Code2025
Remuneration, social security and pensions62€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€152
Gross operating margin9900€26k
Operating profit (loss)9901€22k
Financial income75/76B€193
Recurring financial income75€193
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€20k
Income taxes67/77€4k
Profit (loss) for the period9904€16k
Profit (loss) for the period to be appropriated9905€16k
Appropriation of the result
Profit (loss) to be appropriated9906€16k
Transfer to equity691/2€16k
To other reserves6921€16k
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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Merchtem · 1 establishment unit since 2024
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.
Lindestraat 301785 MerchtemGround area
5,172 m²
Building footprint
247 m²
Volume, LiDAR
2,187 m³
Parcel 23028A0167/00M000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mates
since 20242.359.835.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23028A0167/00M000 | Flanders | 5,172 m² | 1 · 247 m² | 13.1 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerchtem2.359.835.893
Similar companies · same sector, comparable size
ANTWERP COFFEE COMPANY
BE 0544.951.344
Antwerpen · Eq €35,992
L.L.A.V. GROUP
BE 1009.355.571
Wemmel · Eq €34,845
KOVERIM
BE 0426.596.892
Antwerpen · Eq €33,469
BELGIAN FOOD PARTNERS
BE 0797.672.867
Halle · Eq €32,927
FAVORITA CAFFE
BE 0781.432.889
Brussel · Eq €40,131
Of 406 companies in sector 46370 we hold annual accounts for 210. 126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46370Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.