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MATICHA

Active
Private limited companyfounded 20233 yrs activeChaussée de Wavre 132, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0797.780.656
Summary

MATICHA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,770 and a net result of €3,297. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 41% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+64
Solvency77▼-19
Growth26▼-1
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.71 against 1.39 in 2024; short-term debt: 20.1% and cash: 54.7% of total assets), and 48% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52%
Return on assets
10.9%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
28 d early
2024
49 d early
2023
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MATICHA was incorporated on 30 January 2023 as a Private limited company.1 Revenue fell from EUR 134,591 in 2023 to EUR 118,167 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€118,167▼ 7.6%
2024 · €127,830
EBIT margin
3.4%▲ 6.5pp
2024 · -3.1%
Net result
€3,297
2024 · -€4,251
Working capital
€16,498▲ 735%
2024 · €1,975
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€134,591-€127,830▼ 5.0%€118,167▼ 7.6%
Operating result€19,231--€3,966€4,027
Net result€14,225below the sector's middle half--€4,251below the sector's middle half€3,297below the sector's middle half
EBIT margin14.3%--3.1%▼ 17.4pp3.4%▲ 6.5pp
Equity€16,725below the sector's middle half-€12,473below the sector's middle half▼ 25.4%€15,770below the sector's middle half▲ 26.4%
Total assets€21,759below the sector's middle half-€17,512below the sector's middle half▼ 19.5%€30,314below the sector's middle half▲ 73.1%
Debt€5,034-€5,039▲ 0.1%€14,544▲ 189%
Working capital€6,143-€1,975▼ 67.8%€16,498▲ 735%
Solvency76.9%within the sector's middle half-71.2%within the sector's middle half▼ 5.6pp52.0%within the sector's middle half▼ 19.2pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2023: €19,231€19,231Net result 2023: €14,225€14,225Operating result 2024: -€3,966-€3,966Net result 2024: -€4,251-€4,251Operating result 2025: €4,027€4,027Net result 2025: €3,297€3,297202320242025-€10,000€0€10,000€20,000Operating result 2023: €19,231€19,200Net result 2023: €14,225€14,200Operating result 2024: -€3,966-€3,970Net result 2024: -€4,251-€4,250Operating result 2025: €4,027€4,030Net result 2025: €3,297€3,300202320242025
The operating result returns to profit in 2025: €4,027 after a loss of €3,966 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30,314
Fixed assets €7,725 ▼ 26.4%
Current assets €22,589 ▲ 222%
Equity and liabilities €30,314
Equity €15,770 ▲ 26.4%
Debt €14,544 ▲ 189%
Debt's share of the balance-sheet total rises from 28.8% to 48.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,439▲
2024 · -€918
Cash flow
€6,709▲
2024 · -€1,203
Current ratio
3.71▲
2024 · 1.39
Debt to equity
0.92▲
2024 · 0.40
ROE
20.9%▲
2024 · -34.1%
ROA
10.9%▲
2024 · -24.3%
Interest coverage
32.34▲
2024 · -8.35
Debt ≤ 1 year
€6,091▲
2024 · €5,039
Debt > 1 year
€8,453
Income taxes
€500▲
2024 · €175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,512€30,314▲
Fixed assets21/28€10,498€7,725▼
Tangible fixed assets22/27€10,498€7,725▼
Furniture and vehicles24€10,498€7,725▼
Current assets29/58€7,014€22,589▲
Amounts receivable within one year40/41-€2,145
Trade receivables40-€2,145
Cash at bank and in hand54/58€2,788€16,586▲
Deferred charges and accrued income490/1€4,226€3,858▼
Equity and liabilities
Total equity and liabilities10/49€17,512€30,314▲
Equity10/15€12,473€15,770▲
Contributions10/11€2,500€2,500=
Reserves13€9,000€13,000▲
Distributable reserves133€9,000€13,000▲
Profit (loss) carried forward14€973€270▼
Amounts payable17/49€5,039€14,544▲
Amounts payable after more than one year17-€8,453
Financial debts170/4-€8,453
Amounts payable within one year42/48€5,039€6,091▲
Financial debts43-€927
Credit institutions430/8-€927
Trade debts44€1,139€5,164▲
Suppliers440/4€1,139€5,164▲
Taxes, remuneration and social security45€3,900-
Taxes450/3€3,900-
Income statement Code20242025
Turnover70€127,830€118,167▼
Goods, raw materials, services and sundry goods60/61€127,476€108,620▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,048€3,412▲
Other operating charges640/8€1,273€2,108▲
Gross operating margin9900€355€9,547▲
Operating profit (loss)9901-€3,966€4,027▲
Financial charges65/66B€110€230▲
Recurring financial charges65€110€230▲
Profit (loss) for the period before taxes9903-€4,076€3,797▲
Income taxes67/77€175€500▲
Profit (loss) for the period9904-€4,251€3,297▲
Profit (loss) for the period to be appropriated9905-€4,251€3,297▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,973€4,270▼
Profit (loss) brought forward from the previous period14P€14,224€973▼
Transfer to equity691/2€9,000€4,000▼
To other reserves6921€9,000€4,000▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70€134,591€127,830€118,167▼ 7.6%
Goods, raw materials, services and sundry goods60/61€113,225€127,476€108,620▼ 14.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,678€3,048€3,412▲ 11.9%
Other operating charges640/8€457€1,273€2,108▲ 65.6%
Gross operating margin9900€21,366€355€9,547▲ 2,589%
Operating profit (loss)9901€19,231-€3,966€4,027▲ 202%
Financial charges65/66B€6€110€230▲ 109%
Recurring financial charges65€6€110€230▲ 109%
Profit (loss) for the period before taxes9903€19,225-€4,076€3,797▲ 193%
Income taxes67/77€5,000€175€500▲ 186%
Profit (loss) for the period9904€14,225-€4,251€3,297▲ 178%
Profit (loss) for the period to be appropriated9905€14,225-€4,251€3,297▲ 178%
Line202320242025Change
Assets
Total assets20/58€21,759€17,512€30,314▲ 73.1%
Fixed assets21/28€10,582€10,498€7,725▼ 26.4%
Tangible fixed assets22/27€10,582€10,498€7,725▼ 26.4%
Furniture and vehicles24€10,582€10,498€7,725▼ 26.4%
Current assets29/58€11,177€7,014€22,589▲ 222%
Amounts receivable within one year40/41--€2,145-
Trade receivables40--€2,145-
Cash at bank and in hand54/58€10,221€2,788€16,586▲ 495%
Deferred charges and accrued income490/1€956€4,226€3,858▼ 8.7%
Equity and liabilities
Total equity and liabilities10/49€21,759€17,512€30,314▲ 73.1%
Equity10/15€16,725€12,473€15,770▲ 26.4%
Contributions10/11€2,500€2,500€2,500=
Reserves13-€9,000€13,000▲ 44.4%
Distributable reserves133-€9,000€13,000▲ 44.4%
Profit (loss) carried forward14€14,225€973€270▼ 72.3%
Amounts payable17/49€5,034€5,039€14,544▲ 189%
Amounts payable after more than one year17--€8,453-
Financial debts170/4--€8,453-
Amounts payable within one year42/48€5,034€5,039€6,091▲ 20.9%
Financial debts43--€927-
Credit institutions430/8--€927-
Trade debts44€2,750€1,139€5,164▲ 353%
Suppliers440/4€2,750€1,139€5,164▲ 353%
Taxes, remuneration and social security45€1,600€3,900--
Taxes450/3-€3,900--
Remuneration and social security454/9€1,600---
Other amounts payable47/48€684---
Line202320242025Change
Profit (loss) for the period9904€14,225-€4,251€3,297▲ 178%
+ Depreciation and write-downs630€1,678€3,048€3,412▲ 11.9%
Operating cash flow (approximation)€15,903-€1,203€6,709▲ 658%
Investment in fixed assets (approximation)--€2,964-€639▲ 78.4%
Change in cash--€7,433€13,798▲ 286%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €3,297
Net result €3,297 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 3.71
Current ratio from 1.39 to 3.71.
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€4,251
Net result drops to -€4,251, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Grez-Doiceau · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
8,061 m²
Building footprint
1,445 m²
Parcel 25001B0048/00F002, Wallonia. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
MATICHA
Chaussée de Wavre 132, 1390 Grez-DoiceauHuman health activities
since 20232.341.682.245
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25001B0048/00F002 Wallonia 8,061 m² 1 · 1,445 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,699 companies in sector 86951 we hold annual accounts for 2,146. 1,755 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
32500Manufacture of medical and dental instruments and supplies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797780656
Registered 09-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.