Financials
- Fiscal year
- 2025
- Total assets
- €4.1m
- Profit
- €100,581
- Solvency
- -6.5%
Total assets▲ 13.8%
Net result
20182025
MATINAM
ActiveSummary
MATINAM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€264,806) and a net result of €100,581. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Activity not known
Size
€4.1mtotal assets 2025
- Equity
- -€264,806
- Profit
- €100,581
Structure
- Parent
- RAM · 99.84%
Accounts 29 d early0 of 5 deeds read
Why 55Capped at 59: negative equity- Negative equity -€264,806- No establishment unit in the KBO+ Size: total assets €4.1m+ Figures for FY 2025 (filed 02-07-2026)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
18+3
equity -6.5% of total assets
Liquidity
9+7
short-term debt 106.3% · cash 7.4%
Profitability
72+1
return on assets 2.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%
12-2024: 1.9%▲ +2.6% vs 11-2024
01-2025: 2.1%▲ +8.6% vs 12-2024
02-2025: 2.1%▲ +1.7% vs 01-2025
03-2025: 2.3%▲ +5.6% vs 02-2025highest value
04-2025: 2.1%▼ -5.4% vs 03-2025
05-2025: 2.1%▼ -1.3% vs 04-2025
06-2025: 2.1%▲ +1.2% vs 05-2025
07-2025: 2.2%▲ +4.4% vs 06-2025
08-2025: 0.2%▼ -89.5% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.3%▲ +11.1% vs 12-2025
02-2026: 0.3%▲ +3.8% vs 01-2026
03-2026: 0.3%▲ +0.4% vs 02-2026
04-2026: 0.3%▼ -1.5% vs 03-2026
05-2026: 0.3%▲ +10.5% vs 04-2026
06-2026: 0.4%▲ +21.4% vs 05-2026
07-2026: 0.4%▲ +12.0% vs 06-2026
08-2026: 0.1%▼ -63.1% vs 07-2026lowest value
09-2026: 0.1%● 0.0% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- Size: total assets €4.1m lowers the probability for this profile
- Negative equity -€264,806 raises the probability
- Figures for FY 2025 (filed 02-07-2026) lowers the probability
- No establishment unit in the KBO raises the probability
No credit on open account
Liquidity short (current ratio 0.55 against 0.46 in 2024; short-term debt: 106.3% and cash: 7.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 6%, liquidity 9%, profitability 78%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
2 d early
2023
33 d early
2022
25 d late
2021
37 d early
2020
11 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Highest result since 2018net €100,581 ▲73.5%
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Board & ownership
- Parent
- RAM · 99.84%
Timeline
- Events
- 14
- Since
- 2018
- Next accounts
- by 31-07-2027
- 02-07-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 29-07-2025Annual accounts filed
Company details
- Legal form
- Public limited company
- Founded
- 26-06-2006
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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