Equity
-€71,410
Debts exceed assets in financial year 2024.
MATFLA AND COMPANY
Lifetime
2 annual accounts with figures on one time axisGross marginpeak €90,448 (2024)
€90,448▲ 285%
Resultlowest -€54,572 (2024)
-€54,572▼ €35,233
Equitypeak -€16,838 (2023)
-€71,410▼ €54,572
Debts
€181,833▲ 41.8%
Board2 names since 2023
2 directorsDE BARTOLO Lorenzo and 1 other
Documentsfilings and deeds
18-11-2025110 days late
2024micro format
Gross margin from €23,487 to €90,448Loss of €54,572Equity from -€16,838 to -€71,410Debts from €128,275 to €181,833
Key points
from the 2024 annual accountsLosses
-€73,910 in two years
The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €270,000 estimated
The micro format states no turnover.
Debts
€181,833 165% of the balance sheet
Financial debts 7%Suppliers 28%Taxes and wages 15%Other 49%
Of this, €168,547 falls due within a year.
Staff
7 employees on 31-12-2024
In 2024, 6 people joined and 3 left.
Position in the sector
-€54,572
Lower net result than 95% of companies in food products. Sector median €9,467 · 2,052 companies.
2025 accounts not filed, 97 days past the deadline
Checked score
29
Weak
Financially stronger than 5% of micro companies in food products (NACE 10)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
9.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,083 companies (NACE 10, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.8%
01-2025: 5.7%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 6.0%▲ +0.3 percentage points vs 01-2025
03-2025: 6.0%● unchanged vs 02-2025
04-2025: 6.0%● unchanged vs 03-2025
05-2025: 6.0%● unchanged vs 04-2025
06-2025: 6.1%▲ +0.1 percentage points vs 05-2025
07-2025: 6.1%● unchanged vs 06-2025
08-2025: 6.8%▲ +0.7 percentage points vs 07-2025
09-2025: 7.0%▲ +0.2 percentage points vs 08-2025
10-2025: 7.5%▲ +0.5 percentage points vs 09-2025
11-2025: 7.5%● unchanged vs 10-2025
12-2025: 9.1%▲ +1.6 percentage points vs 11-2025
01-2026: 9.0%▼ -0.1 percentage points vs 12-2025
02-2026: 9.0%● unchanged vs 01-2026
03-2026: 8.7%▼ -0.3 percentage points vs 02-2026
04-2026: 8.7%● unchanged vs 03-2026
05-2026: 8.3%▼ -0.4 percentage points vs 04-2026
06-2026: 8.1%▼ -0.2 percentage points vs 05-2026
07-2026: 8.2%▲ +0.1 percentage points vs 06-2026
08-2026: 8.8%▲ +0.6 percentage points vs 07-2026
09-2026: 8.9%▲ +0.1 percentage points vs 08-2026
10-2026: 9.5%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 9.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 110 days late; 2 of the last 3 accounts late
Founded in 2023
Loss of €54,572, the second in a row (financial year 2024)
Sector: Manufacture of food products (NACE 10)
Calculation
The band follows from the bankruptcy probability. 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 10, micro). It does better than 6% of them on solvency, 7% on liquidity, 6% on profitability and 2% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as MATFLA AND COMPANY has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MATFLA AND COMPANY itself: 9.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for MATFLA AND COMPANY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.2 (0.29 in 2023), below 1. Short-term debt is 152.6% and cash 8% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€71,410
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 110 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
110 days late
2023
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 86 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803558391
Incorporation
Founding capital of €2,500, 100 shares · Founder: DESCLIN Serge · Appointments: DESCLIN Serge (director) and DE BARTOLO Lorenzo (director) · published on 06-07-2023 · Gazette deed
First establishment
Les Douceurs de Lisa, Place des Martyrs 4, Pont-à-Celles
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| MATFLA AND COMPANY Pont-à-Celles | €110,423 | €90,448 | -64.7% | - |
| ZIKMAK Vilvoorde | €107,474 | €88,093 | 26.2% | - |
| ESRA Roeselare | €104,866 | €82,658 | 40.0% | - |
| Brood & Zoet Houthalen-Helchteren | €104,159 | €74,565 | 6.9% | - |
| Les Douceurs du Ravel Genappe | €112,716 | €74,766 | 23.5% | - |
| LVA Ath | €97,672 | €127,925 | 38.5% | - |
| Mimi Pâtisserie Ans | €128,998 | €104,839 | 10.7% | 2 |
These companies have the same main activity as MATFLA AND COMPANY: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €97,700 and €129,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 04-07-2023Normal situation
- Activity
- Artisanal bread and fresh pastry makingNACE 10712and 2 others
- Establishment unit
- 2.346.958.9466238 Pont-à-Celles, since 04-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Annual accounts 2024
- Total assets
- €110,423▼ 0.9%
- Employeeson 31-12-2024
- 7▲ 40.0%
- Filing
- Filed on 18-11-2025
Insights on MATFLA AND COMPANY
The computed 12-month bankruptcy probability of MATFLA AND COMPANY is 9.5% (elevated). The 2024 annual accounts show negative equity (-€71,410) and a net result of -€54,572.
Its solvency ranks better than 10% of 2,050 sector peers (NACE 10, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MATFLA AND COMPANY
- What is the company number of MATFLA AND COMPANY?
- The company number of MATFLA AND COMPANY is 0803.558.391. The VAT number is the same number with BE in front: BE 0803.558.391.
- Where is MATFLA AND COMPANY based?
- The registered office is at Place des Martyrs 4, 6238 Pont-à-Celles.Company details
- What does MATFLA AND COMPANY do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of MATFLA AND COMPANY?
- MATFLA AND COMPANY is a private limited company (BV).
- When was MATFLA AND COMPANY founded?
- MATFLA AND COMPANY was founded on 04-07-2023.
- Is MATFLA AND COMPANY still active?
- Yes, MATFLA AND COMPANY is an active enterprise in the KBO register.
- How many employees does MATFLA AND COMPANY have?
- MATFLA AND COMPANY had an average of 4.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MATFLA AND COMPANY?
- The turnover in financial year 2024 is ≈ €270,000. This figure is estimated from the gross margin of €90,448 and 2,663 comparable companies of the same size. It probably lies between €180,000 and €470,000. It is a rough estimate.
- Is MATFLA AND COMPANY profitable?
- In financial year 2024, MATFLA AND COMPANY made a loss of €54,572.
- Where can I find the annual accounts of MATFLA AND COMPANY?
- MATFLA AND COMPANY filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.