MATEXPORT
ActiveMATEXPORT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.52M and a net result of €61k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 57% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+1
Solvency73▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.39 in 2023; short-term debt: 43% and cash: 30.7% of total assets), but 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2024Solvency, return and age of the figures
Solvency
48.1%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
61 d late
2022
61 d late
2021
92 d late
2020
91 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61k▲ 200%
2023 · €20k
2018: €42k
2019: €35k
2020: €60k
2021: €153k
2022: €22k
2023: €20k
2018 → 2024
Working capital
€3.96M▼ 0.3%
2023 · €3.97M
2018: €3.72M
2019: €3.41M
2020: €3.44M
2021: €3.73M
2022: €3.84M
2023: €3.97M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.26M-€3.42M▲ 4.7%€3.44M▲ 0.6%€3.46M▲ 0.6%€3.52M▲ 1.8%
Operating result€-151k-€223k€78k▼ 65.2%€123k▲ 58.7%€236k▲ 91.4%
Net result€60k-€153k▲ 154%€22k▼ 85.8%€20k▼ 6.5%€61k▲ 200%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 91% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.32M
Fixed assets
€216k▼ 4.4%
Current assets
€7.10M▲ 4.1%
Equity and liabilities €7.32M
Equity
€3.52M▲ 1.8%
Debt
€3.80M▲ 5.7%
The debt ratio rises from 50.9% to 51.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€246k▲
2023 · €133k
Cash flow
€71k▲
2023 · €30k
Solvency
48.1%▼
2023 · 49.1%
Current ratio
2.26▼
2023 · 2.39
Quick ratio
1.32▼
2023 · 1.62
Debt / equity
1.08▲
2023 · 1.04
ROE
1.7%▲
2023 · 0.6%
ROA
0.8%▲
2023 · 0.3%
Interest coverage
1.28▲
2023 · 1.20
Debt
€3.80M▲
2023 · €3.59M
Debt ≤ 1 year
€3.14M▲
2023 · €2.85M
Income taxes
€23k▲
2023 · €9k
Staff costs
€137k▼
2023 · €178k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€7.05M€7.32M▲
Fixed assets21/28€226k€216k▼
Tangible fixed assets22/27€12k€2k▼
Land and buildings22€12k€2k▼
Financial fixed assets28€213k€213k=
Current assets29/58€6.82M€7.10M▲
Stocks and contracts in progress3€2.21M€2.94M▲
Stocks30/36€2.21M€2.94M▲
Amounts receivable within one year40/41€2.14M€1.90M▼
Trade receivables40€431k€179k▼
Other amounts receivable41€1.71M€1.72M▲
Cash at bank and in hand54/58€2.46M€2.25M▼
Deferred charges and accrued income490/1€16k€16k▲
Equity and liabilities
Total equity and liabilities10/49€7.05M€7.32M▲
Equity10/15€3.46M€3.52M▲
Contributions10/11€1.10M€1.10M=
Capital10€1.10M€1.10M=
Issued capital100€1.10M€1.10M=
Reserves13€1.89M€1.89M▲
Non-distributable reserves130/1€35k€39k▲
Legal reserve130€35k€39k▲
Tax-exempt reserves132€38k€38k=
Distributable reserves133€1.82M€1.82M=
Profit (loss) carried forward14€467k€525k▲
Amounts payable17/49€3.59M€3.80M▲
Amounts payable within one year42/48€2.85M€3.14M▲
Financial debts43€2.27M€2.37M▲
Credit institutions430/8€2.27M€2.37M▲
Trade debts44€316k€374k▲
Suppliers440/4€316k€374k▲
Advances received on contracts in progress46€85k€235k▲
Taxes, remuneration and social security45€88k€65k▼
Taxes450/3€28k-
Remuneration and social security454/9€60k€65k▲
Other amounts payable47/48€92k€94k▲
Accrued charges and deferred income492/3€737k€655k▼
Income statement
Code20232024
Remuneration, social security and pensions62€178k€137k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€441k€172k▼
Other operating charges640/8€12k€14k▲
Non-recurring operating charges66A€98€370▲
Gross operating margin9900€765k€569k▼
Operating profit (loss)9901€123k€236k▲
Financial income75/76B€17k€39k▲
Recurring financial income75€17k€39k▲
Financial charges65/66B€111k€191k▲
Recurring financial charges65€111k€191k▲
Profit (loss) for the period before taxes9903€30k€84k▲
Income taxes67/77€9k€23k▲
Profit (loss) for the period9904€20k€61k▲
Profit (loss) for the period to be appropriated9905€20k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€468k€528k▲
Profit (loss) brought forward from the previous period14P€448k€467k▲
Transfer to equity691/2€1k€3k▲
To the legal reserve6920€1k€3k▲
Social balance
Average headcount (FTE)90873.02.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 89 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €20k ▼6.5%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
31-12
Financial
Highest result since 2018net €153k ▲154%
Net result €153k, the highest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 91 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 60 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Somme-Leuze · 1 establishment unit since 1993
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.
Zone d'activités Sud, Bail. 85377 Somme-LeuzeGround area
9,643 m²
Building footprint
2,115 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Zone d'activités Nord, Bail. 8, 5377 Somme-Leuze
since 19932.061.640.473
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91010B0133/00N002 | Wallonia | 7,758 m² | 1 · 2,115 m² | - |
| 91101E0432/00B004 | Wallonia | 1,885 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 806 companies in sector 46610 we hold annual accounts for 566. 352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-03-1993
Fiscal year end31-12
Activities, NACEBEL
46610Wholesale trade
51880
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46140Agents in the wholesale of industrial machinery, ships and aircraft
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
50103
52630
71310
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.