MATEXI CITY DEVELOPMENT
The computed 12-month bankruptcy probability of MATEXI CITY DEVELOPMENT is 0.1% (very low). The 2024 annual accounts show equity of €5.75M and a net result of €130k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 1697 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5.75M |
| Net result | €130k |
| Better than sector | 88% |
| Active | 29 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.8% | 14.3% | |
| Net result | €130k | €0 | |
| Equity | €5.75M | €108k | |
| Gross operating margin | €-430k | €52k | |
| Total assets | €7.30M | €1.50M |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €130k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | €450k |
| Total assets | €7.30M |
| Equity | €5.75M |
| Debt | €1.55M |
| of which ≤ 1y | €753k |
| of which > 1y | - |
| Working capital | €-142k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.81 |
| Quick ratio | 0.25 |
| Working capital ratio | -1.9% |
| Solvency | 78.8% |
| Debt / equity | 0.27 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 1.8% |
| ROE | 2.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €7.30M |
| Fixed assets | 21/28 | €6.69M |
| Financial fixed assets | 28 | €6.69M |
| Current assets | 29/58 | €612k |
| Stocks & contracts in progress | 3 | €420k |
| Amounts receivable within one year | 40/41 | €192k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.30M |
| Equity | 10/15 | €5.75M |
| Contributions / capital | 10/11 | €5.00M |
| Reserves | 13 | €731k |
| Accumulated profits (losses) | 14 | €21k |
| Provisions & deferred taxes | 16 | €0 |
| Amounts payable | 17/49 | €1.55M |
| Amounts payable within one year | 42/48 | €753k |
| Trade debts payable within one year | 44 | €51k |
| Income statement | ||
| Gross operating margin | 9900 | €-430k |
| Operating result | 9901 | €-333k |
| Financial income | 75 | €478k |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €130k |
| Net result for the period | 9904 | €130k |
| Result to be appropriated | 9905 | €130k |
-
LVauban NVLegal entityDirectorState Gazette act 24097508 (28-06-2024)Current28-06-2024 → present
-
RisasoN BVLegal entityDirectorState Gazette act 24097508 (28-06-2024)Current28-06-2024 → present
-
UDe Blauwhoeve BVLegal entityDirectorState Gazette act 24097508 (28-06-2024)Current28-06-2024 → present
-
LAMBRECHT OlivierDirectorState Gazette act 24326038 (15-01-2024)Current15-01-2024 → present
-
VAN dE MAELE IvanDirectorState Gazette act 24326038 (15-01-2024)Current19-11-2019 → present
2 events
- 15-01-2024 Appointed· Director
- 19-11-2019 Appointed· Director
Historic, not recently confirmed (12)
-
Gaëtan HannecartManaging directorState Gazette act 20020493 (05-02-2020)Not recently confirmedlast confirmed in an act from 2020
2 events
- 05-02-2020 Appointed· Managing director
- 19-11-2019 Appointed· Director
-
De Blauwhoeve BVBALegal entityDirectorState Gazette act 19150655 (19-11-2019)Not recently confirmedlast confirmed in an act from 2019
-
PG Consulting Comm.V.Legal entityDirectorState Gazette act 19150655 (19-11-2019)Not recently confirmedlast confirmed in an act from 2019
-
Philip GorisDirectorState Gazette act 19150655 (19-11-2019)Not recently confirmedlast confirmed in an act from 2019
2 events
- 15-01-2024 Resigned· Director
- 19-11-2019 Appointed· Director
-
Kelly PattynBijzondere gevolmachtigdeState Gazette act 16138445 (07-10-2016)Not recently confirmedlast confirmed in an act from 2016
-
CMDI bvbaLegal entityDirectiecomitéState Gazette act 10143313 (30-09-2010)Not recently confirmedlast confirmed in an act from 2010
-
De heer Dirk Van den BroeckDirectorState Gazette act 10135222 (15-09-2010)Not recently confirmedlast confirmed in an act from 2010
-
De heer Josephus FrantzenDirectorState Gazette act 10135222 (15-09-2010)Not recently confirmedlast confirmed in an act from 2010
-
De heer Kris BlijweertDirectorState Gazette act 10135222 (15-09-2010)Not recently confirmedlast confirmed in an act from 2010
-
De heer Philippe Vande VyvereDirectorState Gazette act 10135222 (15-09-2010)Not recently confirmedlast confirmed in an act from 2010
-
J. FrantzenManaging directorState Gazette act 06132646 (21-08-2006)Not recently confirmedlast confirmed in an act from 2006
2 events
- 21-08-2006 Appointed· Managing director
- 18-07-2005 Appointed· Managing director
-
G.H.M. MaasDirectorState Gazette act 04013104 (26-01-2004)Not recently confirmedlast confirmed in an act from 2004
Permanent representatives (1)
-
Tony MoreelsVaste vertegenwoordigerState Gazette act 16138445 (07-10-2016)Permanent representative07-10-2016 → present
Former directors (9)
-
Realize BVLegal entityManaging directorState Gazette act 21128756 (28-10-2021)Former28-10-2021 → 28-06-2024
4 events
- 28-06-2024 Resigned· Director
- 28-06-2024 Resigned· Managing director
- 28-10-2021 Appointed· Managing director
- 28-10-2021 Appointed· Voorzitter van de raad van bestuur
-
Vauban NVLegal entityDirectorState Gazette act 19150655 (19-11-2019)Former19-11-2019 → 28-10-2021
2 events
- 28-10-2021 Resigned· Director
- 19-11-2019 Appointed· Director
-
Athena Real Estate NV, vast vertegenwoordigd door Erik Van HoofDirectiecomitéState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
CMDI BVBA, vast vertegenwoordigd door Adel YahiaLegal entityDirectiecomitéState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
Delficom SPRL, vast vertegenwoordigd door Luc DelfosseLegal entityDirectiecomitéState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
JLH Services BVBA, vast vertegenwoordigd door Jean-Luc HertogheLegal entityDirectiecomitéState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
Matexi Group nv, vast vertegenwoordigd door Gaëtan HannecartDirectorState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
Promaro BVBA, vast vertegenwoordigd door Lieven RoelandtLegal entityDirectiecomitéState Gazette act 11098890 (01-07-2011)Former- → 01-07-2011
-
P.P.M. MaasDirectorState Gazette act 04013104 (26-01-2004)Former- → 26-01-2004
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| ERNST en YOUNG BEDRIJFSREVISORENCurrent Statutory auditor |
- | 15-01-2024 → present |
| Tory Moreels Statutory auditor succeeded by ERNST en YOUNG BEDRIJFSREVISOREN in 2024 |
- | 19-11-2019 → 15-01-2024 |
| VGD Bedrijfsrevisoren Burg. CVBA Statutory auditor succeeded by Tory Moreels in 2019 |
- | 07-10-2016 → 19-11-2019 |
| VGD Bedrijfsrevisoren cvba Statutory auditor succeeded by VGD Bedrijfsrevisoren Burg. CVBA in 2016 |
- | 15-09-2010 → 07-10-2016 |
| NACE primary | Ontwikkeling van niet-residentiële bouwprojecten(68122) |
| Legal form | Public limited company(014) |
| Incorporation | 07-05-1997 |
| Status | Active |
| Postal code | 8790 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0650/00M006 | Flanders | 8,427 m² | 1 · 2,869 m² | 9.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-06-2024 3 directors appointed, 2 resigning
- LVauban NV, Bestuurder
- RisasoN BV, Bestuurder
- UDe Blauwhoeve BV, Bestuurder
- Realize BV, Bestuurder
- Realize BV, Gedelegeerd bestuurder
Technical details
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}15-01-2024 3 directors appointed, 1 resigning
- LAMBRECHT Olivier, Bestuurder
- VAN dE MAELE Ivan, Bestuurder
- ERNST en YOUNG BEDRIJFSREVISOREN, Commissaris
- GORIS Philip, Bestuurder
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}05-01-2023 Articles of association amended
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}28-10-2021 2 directors appointed, 1 resigning
- Realize BV, Gedelegeerd bestuurder
- Realize BV, Voorzitter van de raad van bestuur
- Vauban NV, Bestuurder
Technical details
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}29-06-2021 Transaction in capital or shares
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}05-02-2020 Gaëtan Hannecart appointed as managing director
- Gaëtan Hannecart, Gedelegeerd bestuurder
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}19-11-2019 8 directors appointed
- Vauban NV, Bestuurder
- Gaëtan Hannecart, Bestuurder
- De Blauwhoeve BVBA, Bestuurder
- Ivan Van de Maele, Bestuurder
- PG Consulting Comm.V., Bestuurder
- Philip Goris, Bestuurder
- VGD Bedrijfsrevisoren Burg. CVBA, Commissaris
- Tory Moreels, Commissaris
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}07-10-2016 3 directors appointed
- VGD Bedrijfsrevisoren Burg. CVBA, Commissaris
- Tony Moreels, Vaste vertegenwoordiger
- Kelly Pattyn, Bijzondere gevolmachtigde
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}07-09-2016 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "Op 4 juli 2016 heeft een enkel aandeelhouder van MATEXI CITY DEVELOPMENT NV, gevestigd te Waregem, een schriftelijke besluitvorming genomen over een besluit in toepassing van artikel 556 van het Wetboek van Vennootschappen. De akte is neergelegd bij de rechtbank van koophandel van Genk op 11 augustus 2016. De besluitvorming betreft geen reorganisatie, fusie, splitsing of overdracht van vermogen, maar een interne besluitvorming van de aandeelhouder.",
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}14-03-2016 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "Op 18 december 2015 heeft de aandeelhouder van MATEXI CITY DEVELOPMENT NV, een naamloze vennootschap met zetel in Waregem, een schriftelijk besluit genomen over de wijziging van de statuten van de vennootschap. De besluitvorming werd neergelegd bij de Kamer van Koophandel van Gent op 7 maart 2016, conform artikel 556 van het Wetboek van Vennootschappen.",
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}01-07-2011 6 resigning
- JLH Services BVBA, vast vertegenwoordigd door Jean-Luc Hertoghe, Directiecomité
- Athena Real Estate NV, vast vertegenwoordigd door Erik Van Hoof, Directiecomité
- Promaro BVBA, vast vertegenwoordigd door Lieven Roelandt, Directiecomité
- Delficom SPRL, vast vertegenwoordigd door Luc Delfosse, Directiecomité
- CMDI BVBA, vast vertegenwoordigd door Adel Yahia, Directiecomité
- Matexi Group nv, vast vertegenwoordigd door Gaëtan Hannecart, Bestuurder
Technical details
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}30-09-2010 CMDI bvba appointed as directiecomité
- CMDI bvba, Directiecomité
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- VGD Bedrijfsrevisoren cvba, Commissaris
- De heer Dirk Van den Broeck, Bestuurder
- De heer Kris Blijweert, Bestuurder
- De heer Josephus Frantzen, Bestuurder
- De heer Philippe Vande Vyvere, Bestuurder
Technical details
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}18-12-2006 Transaction in capital or shares
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}21-08-2006 J. Frantzen appointed as managing director
- J. Frantzen, Gedelegeerd bestuurder
Technical details
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}18-07-2005 Registered office moved within Antwerpen
- De Keyserlei 5 bus 29 - B-2018 Antwerpen → Generaal Lemanstraat 27 te 2018 Antwerpen
Technical details
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- G.H.M. Maas, Bestuurder
- P.P.M. Maas, Bestuurder
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MATEXI CITY DEVELOPMENT |