MATNESTI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €38k and a net result of €2k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 5523 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
29 d late
2022
30 d late
2020
41 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€38k▲ 5.9%
2024 · €36k
2020: €19k
2022: €32k
2023: €34k
2024: €36k
2020 → 2025
Net result
€2k▲ 26.9%
2024 · €2k
2020: €-832
2022: €8k
2023: €1k
2024: €2k
2020 → 2025
Total assets
€121k▼ 1.3%
2024 · €122k
2020: €125k
2022: €181k
2023: €240k
2024: €122k
2020 → 2025
Solvency
31.2%▲ 2.1pp
2024 · 29.0%
2020: 15.4%
2022: 17.9%
2023: 14.1%
2024: 29.0%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€19k-€32k▲ 69.5%€34k▲ 4.2%€36k▲ 4.9%€38k▲ 5.9%
Operating result€4k-€12k▲ 232%€4k▼ 63.3%€4k▼ 13.6%€4k▲ 2.7%
Net result€-832-€8k€1k▼ 82.1%€2k▲ 21.4%€2k▲ 26.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€120k=
Current assets
€722▼ 68.7%
Equity and liabilities €121k
Equity
€38k▲ 5.9%
Debt
€83k▼ 4.3%
The debt ratio falls from 71.0% to 68.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
31.2%▲
2024 · 29.0%
ROE
5.6%▲
2024 · 4.7%
ROA
1.7%▲
2024 · 1.4%
Debt
€83k▼
2024 · €87k
Debt ≤ 1 year
€75k▲
2024 · €66k
Debt > 1 year
€8k▼
2024 · €20k
Income taxes
€634▲
2024 · €572
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€122k€121k▼
Formation expenses20€0€0▼
Fixed assets21/28€120k€120k=
Financial fixed assets28€120k€120k=
Current assets29/58€2k€722▼
Amounts receivable within one year40/41€722€722=
Trade receivables40€0-
Other amounts receivable41€722€722=
Cash at bank and in hand54/58€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€122k€121k▼
Equity10/15€36k€38k▲
Contributions10/11€20k€20k=
Reserves13€16k€18k▲
Distributable reserves133€16k€18k▲
Amounts payable17/49€87k€83k▼
Amounts payable after more than one year17€20k€8k▼
Financial debts170/4€20k€8k▼
Amounts payable within one year42/48€66k€75k▲
Current portion of amounts payable after more than one year42€17k€15k▼
Trade debts44€14k€20k▲
Suppliers440/4€14k€20k▲
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€8k▲
Other amounts payable47/48€33k€33k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179€0▼
Other operating charges640/8€949€682▼
Gross operating margin9900€5k€4k▼
Operating profit (loss)9901€4k€4k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€2k€3k▲
Income taxes67/77€572€634▲
Profit (loss) for the period9904€2k€2k▲
Profit (loss) for the period to be appropriated9905€2k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▲
Transfer to equity691/2€2k€2k▲
To other reserves6921€2k€2k▲
Social balance
Average headcount (FTE)90870.00.0=
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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
30-09
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2020
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.
Bellegemplaats(Bel) 118510 KortrijkGround area
706 m²
Building footprint
199 m²
Volume, LiDAR
1,057 m³
Parcel 34005C0541/00V000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MATNESTI
since 20202.303.557.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005C0541/00V000 | Flanders | 705 m² | 1 · 198 m² | 9.9 m · 2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 9,503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2019
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.