Matis
ActiveSummary
Matis has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▼-7
Solvency50▲+20
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.24 in 2023; short-term debt: 24.9% and cash: 4.9% of total assets), and 75.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 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 2024Solvency, return and age of the figures
Solvency
24.5%
Return on assets
19.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €83k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
107 d early
2022
132 d early
2021
100 d early
2020
32 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€83k▲ 347%
2023 · €19k
2019: €80k
2020: €72k▼ -9.8% vs 2019
2021: €135k▲ +87.9% vs 2020highest in 6 years
2022: €19k▼ -86.2% vs 2021lowest in 6 years
2023: €19k● 0.0% vs 2022lowest in 6 years
2024: €83k▲ +347% vs 2023
2019 → 2024
Total assets
€339k▼ 6.5%
2023 · €363k
2019: €93klowest in 6 years
2020: €363k▲ +292% vs 2019
2021: €446k▲ +22.7% vs 2020
2022: €460k▲ +3.3% vs 2021highest in 6 years
2023: €363k▼ -21.2% vs 2022
2024: €339k▼ -6.5% vs 2023
2019 → 2024
Net result
€65k▼ 46.1%
2023 · €120k
2019: €75k
2020: €-20k▼ -127% vs 2019lowest in 6 years
2021: €63k▲ +413% vs 2020
2022: €143k▲ +126% vs 2021highest in 6 years
2023: €120k▼ -16.1% vs 2022
2024: €65k▼ -46.1% vs 2023
2019 → 2024
Working capital
€-50k▲ 56.2%
2023 · €-114k
2019: €79khighest in 6 years
2020: €-4k▼ -105% vs 2019
2021: €53k▲ +1485% vs 2020
2022: €-113k▼ -315% vs 2021
2023: €-114k▼ -0.4% vs 2022lowest in 6 years
2024: €-50k▲ +56.2% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€135k▲ 87.9%€19k▼ 86.2%€19k=€83k▲ 347%
2020: €72k
2021: €135k▲ +87.9% vs 2020highest in 5 years
2022: €19k▼ -86.2% vs 2021lowest in 5 years
2023: €19k● 0.0% vs 2022lowest in 5 years
2024: €83k▲ +347% vs 2023
Operating result€-19k-€80k€188k▲ 134%€160k▼ 14.8%€93k▼ 41.9%
2020: €-19klowest in 5 years
2021: €80k▲ +520% vs 2020
2022: €188k▲ +134% vs 2021highest in 5 years
2023: €160k▼ -14.8% vs 2022
2024: €93k▼ -41.9% vs 2023
Net result€-20k-€63k€143k▲ 126%€120k▼ 16.1%€65k▼ 46.1%
2020: €-20klowest in 5 years
2021: €63k▲ +413% vs 2020
2022: €143k▲ +126% vs 2021highest in 5 years
2023: €120k▼ -16.1% vs 2022
2024: €65k▼ -46.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €339k
Fixed assets
€305k ▼ 7.1%
Current assets
€35k ▼ 1.0%
Equity and liabilities €339k
Equity
€83k ▲ 347%
Debt
€256k ▼ 25.7%
Debt's share of the balance-sheet total falls from 94.9% to 75.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▼
2023 · €184k
Cash flow
€88k▼
2023 · €143k
Current ratio
0.41▲
2023 · 0.24
Debt to equity
3.08▼
2023 · 18.51
ROE
77.6%▼
2023 · 644.5%
ROA
19.1%▼
2023 · 33.0%
Interest coverage
15.12▼
2023 · 33.61
Debt ≤ 1 year
€84k▼
2023 · €149k
Debt > 1 year
€170k▼
2023 · €193k
Income taxes
€21k▼
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€363k€339k▼
Fixed assets21/28€328k€305k▼
Tangible fixed assets22/27€328k€305k▼
Land and buildings22€285k€276k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€17k€8k▼
Other tangible fixed assets26€21k€18k▼
Current assets29/58€35k€35k▼
Amounts receivable within one year40/41€16k€15k▼
Trade receivables40€0-
Other amounts receivable41€16k€15k▼
Cash at bank and in hand54/58€15k€17k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€363k€339k▼
Equity10/15€19k€83k▲
Contributions10/11€19k€19k=
Reserves13-€65k
Distributable reserves133-€65k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€344k€256k▼
Amounts payable after more than one year17€193k€170k▼
Financial debts170/4€193k€170k▼
Amounts payable within one year42/48€149k€84k▼
Current portion of amounts payable after more than one year42€25k€23k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€775€2k▲
Taxes450/3€775€850▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€120k€57k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€186k€120k▼
Operating profit (loss)9901€160k€93k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€155k€86k▼
Income taxes67/77€35k€21k▼
Profit (loss) for the period9904€120k€65k▼
Profit (loss) for the period to be appropriated9905€120k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€120k€65k▼
Transfer from equity791/2€0-
Transfer to equity691/2-€65k
To other reserves6921-€65k
Profit to be distributed694/7€120k€0▼
Return on contributions (dividend)694€120k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42k | €18k | €21k | €24k | €23k | ▼ 0.6% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €3k | ▲ 24.5% |
| Gross operating margin9900 | €24k | €101k | €211k | €186k | €120k | ▼ 35.8% |
| Operating profit (loss)9901 | €-19k | €80k | €188k | €160k | €93k | ▼ 41.9% |
| Financial income75/76B | - | €0 | €1k | €0 | - | - |
| Recurring financial income75 | €14 | €0 | €1k | €0 | - | - |
| Financial charges65/66B | - | €4k | €5k | €5k | €8k | ▲ 41.0% |
| Recurring financial charges65 | €917 | €4k | €5k | €5k | €8k | ▲ 41.0% |
| Profit (loss) for the period before taxes9903 | €-20k | €76k | €185k | €155k | €86k | ▼ 44.8% |
| Income taxes67/77 | €115 | €13k | €42k | €35k | €21k | ▼ 40.4% |
| Profit (loss) for the period9904 | €-20k | €63k | €143k | €120k | €65k | ▼ 46.1% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €63k | €143k | €120k | €65k | ▼ 46.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363k | €446k | €460k | €363k | €339k | ▼ 6.5% |
| Fixed assets21/28 | €342k | €325k | €350k | €328k | €305k | ▼ 7.1% |
| Tangible fixed assets22/27 | €342k | €325k | €350k | €328k | €305k | ▼ 7.1% |
| Land and buildings22 | - | €288k | €295k | €285k | €276k | ▼ 3.5% |
| Plant, machinery and equipment23 | - | €1k | €5k | €4k | €3k | ▼ 28.8% |
| Furniture and vehicles24 | - | €36k | €26k | €17k | €8k | ▼ 56.1% |
| Other tangible fixed assets26 | - | - | €23k | €21k | €18k | ▼ 12.0% |
| Current assets29/58 | €21k | €120k | €111k | €35k | €35k | ▼ 1.0% |
| Amounts receivable within one year40/41 | €10k | €372 | €92k | €16k | €15k | ▼ 7.3% |
| Trade receivables40 | - | - | €30k | €0 | - | - |
| Other amounts receivable41 | - | €372 | €62k | €16k | €15k | ▼ 7.3% |
| Cash at bank and in hand54/58 | €9k | €116k | €14k | €15k | €17k | ▲ 9.2% |
| Deferred charges and accrued income490/1 | - | €4k | €5k | €4k | €3k | ▼ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363k | €446k | €460k | €363k | €339k | ▼ 6.5% |
| Equity10/15 | €72k | €135k | €19k | €19k | €83k | ▲ 347% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €53k | €116k | €0 | - | €65k | - |
| Distributable reserves133 | - | €116k | €0 | - | €65k | - |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €291k | €311k | €442k | €344k | €256k | ▼ 25.7% |
| Amounts payable after more than one year17 | €267k | €242k | €218k | €193k | €170k | ▼ 11.8% |
| Financial debts170/4 | - | €242k | €218k | €193k | €170k | ▼ 11.8% |
| Amounts payable within one year42/48 | €25k | €68k | €224k | €149k | €84k | ▼ 43.3% |
| Current portion of amounts payable after more than one year42 | - | €24k | €24k | €25k | €23k | ▼ 7.8% |
| Trade debts44 | €883 | €2k | €29k | €3k | €2k | ▼ 35.6% |
| Suppliers440/4 | - | €2k | €29k | €3k | €2k | ▼ 35.6% |
| Taxes, remuneration and social security45 | - | €28k | €28k | €775 | €2k | ▲ 188% |
| Taxes450/3 | - | €28k | €28k | €775 | €850 | ▲ 9.6% |
| Remuneration and social security454/9 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | - | €14k | €143k | €120k | €57k | ▼ 52.2% |
| Accrued charges and deferred income492/3 | - | €497 | €0 | €2k | €1k | ▼ 52.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €63k | €143k | €120k | €65k | ▼ 46.1% |
| + Depreciation and write-downs630 | €42k | €18k | €21k | €24k | €23k | ▼ 0.6% |
| Operating cash flow (approximation) | €22k | €81k | €163k | €143k | €88k | ▼ 38.6% |
| Investment in fixed assets (approximation) | - | €-1k | €-45k | €-2k | €-101 | ▲ 94.4% |
| Change in cash | - | €107k | €-102k | €2k | €1k | ▼ 11.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €143k ▲126%
Operating result €188k, net result €143k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.77
Current ratio from 0.85 to 1.77.
31-12
Financial
Equity above €100kEq €135k ▲87.9%
Equity rises from €72k to €135k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Lievegem · 1 establishment unit since 2019
Ground area
5,216 m²
Building footprint
301 m²
Volume, LiDAR
614 m³
Parcel 44452B1214/00A000, Flanders · tallest building 3.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Matis
since 20192.286.445.891
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B1214/00A000 | Flanders | 5,216 m² | 1 · 301 m² | 3.0 m · 1 fl. |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,236 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
Founded14-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Phone
000000000Lievegem
Scores and ratios are computed by Checked and are not a credit decision.