Mathijs en Zoon
ActiveMathijs en Zoon has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-28k. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-67
Solvency48▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.83 against 1.06 in 2024; short-term debt: 64.3% and cash: 26.8% of total assets), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
22.8%
Return on assets
-20%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-28k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
28 d late
2023
30 d late
2022
53 d late
2021
30 d late
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 46.7%
2024 · €59k
2018: €90k
2019: €103k
2020: €130k
2021: €105k
2022: €105k
2023: €62k
2024: €59k
2018 → 2025
Total assets
€138k▼ 22.2%
2024 · €178k
2018: €216k
2019: €224k
2020: €281k
2021: €245k
2022: €177k
2023: €140k
2024: €178k
2018 → 2025
Net result
€-28k▼ 850%
2024 · €-3k
2018: €-33k
2019: €13k
2020: €27k
2021: €-25k
2022: €103
2023: €-43k
2024: €-3k
2018 → 2025
Working capital
€-15k
2024 · €6k
2018: €33k
2019: €38k
2020: €68k
2021: €53k
2022: €70k
2023: €28k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€105k▲ 0.1%€62k▼ 40.7%€59k▼ 4.7%€32k▼ 46.7%
Operating result€-25k-€24€-42k€-2k▲ 94.9%€-27k▼ 1,125%
Net result€-25k-€103€-43k€-3k▲ 93.2%€-28k▼ 850%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€64k▼ 16.2%
Current assets
€74k▼ 26.7%
Equity and liabilities €138k
Equity
€32k▼ 46.7%
Debt
€107k▼ 10.0%
The debt ratio rises from 66.7% to 77.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €12k
Cash flow
€-14k▼
2024 · €12k
Solvency
22.8%▼
2024 · 33.3%
Current ratio
0.83▼
2024 · 1.06
Quick ratio
0.45▼
2024 · 0.71
Debt / equity
3.38▲
2024 · 2.00
ROE
-87.5%▼
2024 · -4.9%
ROA
-20.0%▼
2024 · -1.6%
Interest coverage
-9.88▼
2024 · 14.12
Debt
€107k▼
2024 · €119k
Debt ≤ 1 year
€89k▼
2024 · €95k
Debt > 1 year
€18k▼
2024 · €24k
Staff costs
€36k▲
2024 · €35k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€178k€138k▼
Fixed assets21/28€77k€64k▼
Tangible fixed assets22/27€77k€64k▼
Land and buildings22€3k€1k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€56k€51k▼
Current assets29/58€101k€74k▼
Stocks and contracts in progress3€34k€34k▲
Stocks30/36€34k€34k▲
Amounts receivable within one year40/41€24k€2k▼
Trade receivables40€11k€2k▼
Other amounts receivable41€13k-
Cash at bank and in hand54/58€43k€37k▼
Deferred charges and accrued income490/1€1k€860▼
Equity and liabilities
Total equity and liabilities10/49€178k€138k▼
Equity10/15€59k€32k▼
Contributions10/11€182k€182k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-129k€-157k▼
Amounts payable17/49€119k€107k▼
Amounts payable after more than one year17€24k€18k▼
Financial debts170/4€24k€18k▼
Amounts payable within one year42/48€95k€89k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€11k€11k▼
Suppliers440/4€11k€11k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3-€118
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€73k€65k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€2k▼
Remuneration, social security and pensions62€35k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€51k€27k▼
Operating profit (loss)9901€-2k€-27k▼
Financial income75/76B€134€221▲
Recurring financial income75€134€221▲
Financial charges65/66B€876€1k▲
Recurring financial charges65€876€1k▲
Profit (loss) for the period before taxes9903€-3k€-28k▼
Profit (loss) for the period9904€-3k€-28k▼
Profit (loss) for the period to be appropriated9905€-3k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-129k€-157k▼
Profit (loss) brought forward from the previous period14P€-126k€-129k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-43k ▼41450%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Back to profitnet €103
Net result €103 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €27k ▲97.3%
Operating result €27k, net result €27k, both a record.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲15%
Equity rises from €90k to €103k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Heers · 1 establishment unit since 1996
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.
Steenweg(H.) 383870 HeersGround area
1,334 m²
Building footprint
484 m²
Volume, LiDAR
2,153 m³
Parcel 73038B0097/00E000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MATHIJS & ZOON BVBA
since 19962.077.216.990
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73038B0097/00E000 | Flanders | 1,334 m² | 1 · 483 m² | 6.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 221 EUR awarded · 50 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 221 EUR | 50 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 6,862 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-05-1996
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.