Skip to content

MATOCO

Active
Private limited companyfounded 2011active for 15 yearsDiestsesteenweg 359, 3202 Aarschot, BelgiumKBO/BCE: BE 0832.753.116
Summary

MATOCO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €875,702 and a net result of €181,486. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 82% of 12,781 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 10-01-2011 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-09-2025
Establishment unit
2.195.298.951 3202 Aarschot, since 01-02-2011
Financial year end
30 September
Peppol
Reachable since 29-09-2025

Board and ownership

Board
  • ANTHONISSEN ThomasDirector
  • Westerflier Group BVDirector · since 02-02-2026 · permanent representative Hervé van Hövell tot Westerflier
Shareholders
  • JEMA· score 9930-09-2022 annual accounts of JEMA
  • Thomas Anthonissenannual accounts 30-09-2025
  • WESTERFLIER GROUPannual accounts 30-09-2025

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€510,564
▲ 8.3%
Turnover
≈ €4.9m
estimated
Profit
€181,486
▲ 27.6%
Equity
€875,702
▲ 16.1%
Total assets
€1.2m
▲ 1.1%
Employees on 30-09-2025
7
▲ 16.7%
Score breakdownraises risk1 of the last 3 accounts latelowers riskLiquidity: current ratio 5.07, cash €899,002Equity €875,702 (70.4% of total assets)Founded in 2011Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 81% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 95+9
equity 70.4% of total assets
Liquidity 95+6
short-term debt 18.6% · cash 72.2%
Profitability 87+4
return on assets 14.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: 0.1%▲ +0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.3 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.4%▼ -0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026highest value 05-2026: < 0.1%▼ -0.5 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.07 (5.02 in 2024), above the usual 1.5. Short-term debt is 18.6% and cash 72.2% of total assets. 29.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 81% of them on solvency, 94% on liquidity, 82% on profitability and 69% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.07, cash €899,002
NBB · annual accounts
lowers risk · Equity €875,702 (70.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
210 days late
2023
7 days late
2022
19 days late
2021
15 days early
2020
on the day
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 8 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end04-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 29-04-2026 PDF all 14 filings

Turnover
≈ €4.9m
Estimated: probably between €3.9m and €6.6m
Total assets
€1.2m▲ 1.1%
2024 · €1.2m
Net result
€181,486▲ 27.6%
2024 · €142,274
Working capital
€939,945▲ 1.9%
2024 · €922,040
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€252,182
▲ 16.9% 2025
20192025
Net result
€181,486
▲ 27.6% 2025
highest quarter of the sector
20192025
Equity
€875,702
▲ 16.1% 2025
highest quarter of the sector
20192025
Total assets
€1.2m
▲ 1.1% 2025
middle half of the sector
20192025
Debt
€368,874
▼ 22.7% 2025
20192025
Working capital
€939,945
▲ 1.9% 2025
highest quarter of the sector
20192025
Solvency
70.4%
▲ 9.1pp 2025
highest quarter of the sector
20192025
Current ratio
5.07
▲ 0.05 2025
highest quarter of the sector
20192025
Return on assets (ROA)
14.6%
▲ 3.0pp 2025
highest quarter of the sector
20192025
Staff (FTE)
6.1
▲ 17.3% 2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.3m▲ 70.8%€0.3m▼ 1.8%€0.2m▼ 37.7%€0.3m▲ 91.7%€0.2m▼ 32.9%€0.3m▲ 16.9%
Net result€0.1m-€0.2mabove the sector's middle half▲ 45.7%€0.2mabove the sector's middle half▲ 4.4%€0.1mabove the sector's middle half▼ 37.9%€0.2mabove the sector's middle half▲ 74.8%€0.1mabove the sector's middle half▼ 33.2%€0.2mabove the sector's middle half▲ 27.6%
Equity€0.3m-€0.4mwithin the sector's middle half▲ 18.4%€0.5mwithin the sector's middle half▲ 17.3%€0.5mwithin the sector's middle half▼ 0.2%€0.6mwithin the sector's middle half▲ 32.5%€0.8mabove the sector's middle half▲ 22.5%€0.9mabove the sector's middle half▲ 16.1%
Total assets€1.1m-€1.2mwithin the sector's middle half▲ 6.2%€1.2mwithin the sector's middle half▲ 3.5%€1.1mwithin the sector's middle half▼ 12.0%€1.3mwithin the sector's middle half▲ 21.2%€1.2mwithin the sector's middle half▼ 6.2%€1.2mwithin the sector's middle half▲ 1.1%
Debt€0.8m-€0.8m▲ 0.9%€0.8m▼ 3.5%€0.6m▼ 19.1%€0.7m▲ 12.7%€0.5m▼ 31.5%€0.4m▼ 22.7%
Working capital€0.5m-€0.6mabove the sector's middle half▲ 21.3%€0.6mabove the sector's middle half▼ 5.2%€0.6mabove the sector's middle half▼ 0.3%€0.8mabove the sector's middle half▲ 42.8%€0.9mabove the sector's middle half▲ 13.9%€0.9mabove the sector's middle half▲ 1.9%
Solvency30.0%-33.4%within the sector's middle half▲ 3.5pp37.9%within the sector's middle half▲ 4.5pp42.9%within the sector's middle half▲ 5.1pp46.9%within the sector's middle half▲ 4.0pp61.3%within the sector's middle half▲ 14.3pp70.4%above the sector's middle half▲ 9.1pp
Current ratio2.40-2.56within the sector's middle half▲ 0.162.33within the sector's middle half▼ 0.232.69within the sector's middle half▲ 0.363.16above the sector's middle half▲ 0.475.02above the sector's middle half▲ 1.865.07above the sector's middle half▲ 0.05
Return on assets (ROA)11.5%-15.8%above the sector's middle half▲ 4.3pp16.0%above the sector's middle half▲ 0.1pp11.3%above the sector's middle half▼ 4.7pp16.2%above the sector's middle half▲ 5.0pp11.6%above the sector's middle half▼ 4.7pp14.6%above the sector's middle half▲ 3.0pp
Staff (FTE)5.2-4.2within the sector's middle half▼ 19.2%5within the sector's middle half▲ 19.0%5.1within the sector's middle half▲ 2.0%5.1within the sector's middle half=5.2within the sector's middle half▲ 2.0%6.1within the sector's middle half▲ 17.3%
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 17% higher than in 2024. It is a recovery after the fall in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €73,750 ▼ 7.8%
Current assets €1.2m ▲ 1.7%
Equity and liabilities €1.2m
Equity €875,702 ▲ 16.1%
Debt €368,874 ▼ 22.7%
Debt's share of the balance-sheet total falls from 38.7% to 29.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€278,813▲
2024 · €269,490
Cash flow
€208,117▲
2024 · €195,980
Quick ratio
4.44▲
2024 · 4.40
Debt to equity
0.42▼
2024 · 0.63
ROE
20.7%▲
2024 · 18.9%
Interest coverage
11.32▼
2024 · 14.26
Debt ≤ 1 year
€230,882▲
2024 · €229,118
Debt > 1 year
€137,992▼
2024 · €247,777
Income taxes
€55,289▼
2024 · €67,199
Staff costs
€229,754▲
2024 · €198,517
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Employees at the balance-sheet date66667
full-time22224
part-time44443
in full-time equivalents5.15.15.15.26.3
Average over the year, in full-time equivalents55.15.15.26.1
On a permanent contract66667
Joined----1
Left----0

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Debts secured on the company's own assets€176,008€90,887€40,247--
Pledge on the business--€275,000€275,000-
Pledge on other assets, amount secured€275,000----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets€96,860€20,544€18,716€6,936€20,523
Depreciation and write-downs of the year€67,734€69,812€70,243€53,706€26,631

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▲
Fixed assets21/28€0.08m€0.07m▼
Tangible fixed assets22/27€0.08m€0.07m▼
Plant, machinery and equipment23€0.05m€0.05m▼
Furniture and vehicles24€0.007m€0▼
Other tangible fixed assets26€0.02m€0.03m▲
Current assets29/58€1.2m€1.2m▲
Stocks and contracts in progress3€0.1m€0.1m▲
Stocks30/36€0.1m€0.1m▲
Amounts receivable within one year40/41€0.2m€0.07m▼
Trade receivables40€0.2m€0.05m▼
Other amounts receivable41€0.05m€0.02m▼
Current investments50/53€0.4m€0.05m▼
Cash at bank and in hand54/58€0.4m€0.9m▲
Deferred charges and accrued income490/1€0.007m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▲
Equity10/15€0.8m€0.9m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.7m€0.8m▲
Non-distributable reserves130/1€0.06m€0.06m=
Reserves not available under the articles1311€0.01m€0.06m▲
Own shares acquired1312€0.05m€0▼
Distributable reserves133€0.6m€0.7m▲
Profit (loss) carried forward14-€0
Amounts payable17/49€0.5m€0.4m▼
Amounts payable after more than one year17€0.2m€0.1m▼
Financial debts170/4-€0.1m
Trade debts175€0.2m€0▼
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.02m€0.03m▲
Trade debts44€0.09m€0.07m▼
Suppliers440/4€0.09m€0.07m▼
Taxes, remuneration and social security45€0.03m€0.04m▲
Taxes450/3-€229
Remuneration and social security454/9€0.03m€0.04m▲
Other amounts payable47/48€0.09m€0.09m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.03m▼
Other operating charges640/8€0.003m€0.002m▼
Gross operating margin9900€0.5m€0.5m▲
Operating profit (loss)9901€0.2m€0.3m▲
Financial income75/76B€0.01m€0.009m▼
Recurring financial income75€0.01m€0.009m▼
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.2m€0.2m▲
Income taxes67/77€0.07m€0.06m▼
Profit (loss) for the period9904€0.1m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.1m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.2m▲
Transfer from equity791/2€0.06m€0▼
Transfer to equity691/2€0.1m€0.2m▲
To other reserves6921€0.1m€0.2m▲
Profit to be distributed694/7€0.06m€0▼
Return on contributions (dividend)694€0.06m€0▼
Social balance sheet
Average headcount (FTE)90875.26.1▲

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-04-2026.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€157,917€166,499€187,403€198,517€229,754▲ 15.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114,301€78,721€67,734€69,812€70,243€53,706€26,631▼ 50.4%
Other operating charges640/8--€2,523€4,168€2,876€3,243€1,997▼ 38.4%
Gross operating margin9900€410,938€491,436€497,305€408,272€582,134€471,250€510,564▲ 8.3%
Operating profit (loss)9901€160,569€274,192€269,131€167,794€321,612€215,785€252,182▲ 16.9%
Financial income75/76B--€6,668€5,943€8,346€12,588€9,225▼ 26.7%
Recurring financial income75€11,594€10,015€6,668€5,943€8,346€12,588€9,225▼ 26.7%
Financial charges65/66B--€19,348€15,014€17,240€18,900€24,632▲ 30.3%
Recurring financial charges65€17,779€18,177€19,348€15,014€17,240€18,900€24,632▲ 30.3%
Profit (loss) for the period before taxes9903€154,384€266,030€256,451€158,723€312,718€209,473€236,775▲ 13.0%
Income taxes67/77€25,242€77,837€60,056€36,825€99,677€67,199€55,289▼ 17.7%
Profit (loss) for the period9904€129,142€188,193€196,395€121,899€213,041€142,274€181,486▲ 27.6%
Profit (loss) for the period to be appropriated9905€129,142€188,193€196,395€121,899€213,041€142,274€181,486▲ 27.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.2m€1.2m€1.1m€1.3m€1.2m€1.2m▲ 1.1%
Fixed assets21/28€0.3m€0.2m€0.2m€0.2m€0.1m€0.08m€0.07m▼ 7.8%
Tangible fixed assets22/27€0.3m€0.2m€0.2m€0.2m€0.1m€0.08m€0.07m▼ 7.8%
Plant, machinery and equipment23--€0.2m€0.1m€0.09m€0.05m€0.05m▼ 15.5%
Furniture and vehicles24--€0.03m€0.02m€0.01m€0.007m€0▼ 100%
Other tangible fixed assets26--€0.03m€0.02m€0.02m€0.02m€0.03m▲ 53.4%
Current assets29/58€0.8m€1.0m€1.0m€0.9m€1.2m€1.2m€1.2m▲ 1.7%
Stocks and contracts in progress3€0.1m€0.1m€0.1m€0.1m€0.2m€0.1m€0.1m▲ 0.9%
Stocks30/36--€0.1m€0.1m€0.2m€0.1m€0.1m▲ 0.9%
Amounts receivable within one year40/41€0.2m€0.3m€0.2m€0.2m€0.3m€0.2m€0.07m▼ 66.1%
Trade receivables40--€0.2m€0.2m€0.2m€0.2m€0.05m▼ 70.0%
Other amounts receivable41--€0.04m€0.07m€0.03m€0.05m€0.02m▼ 51.9%
Current investments50/53----€0.4m€0.4m€0.05m▼ 85.7%
Cash at bank and in hand54/58€0.5m€0.6m€0.6m€0.5m€0.4m€0.4m€0.9m▲ 105%
Deferred charges and accrued income490/1--€0.007m€0.005m€0.006m€0.007m€0.005m▼ 21.5%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m€1.2m€1.1m€1.3m€1.2m€1.2m▲ 1.1%
Equity10/15€0.3m€0.4m€0.5m€0.5m€0.6m€0.8m€0.9m▲ 16.1%
Contributions10/11€0.1m-€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.2m€0.3m€0.4m€0.4m€0.5m€0.7m€0.8m▲ 18.6%
Non-distributable reserves130/1--€0.01m€0.01m€0.06m€0.06m€0.06m=
Reserves not available under the articles1311--€0.01m€0.01m€0.01m€0.01m€0.06m▲ 500%
Own shares acquired1312----€0.05m€0.05m€0▼ 100%
Distributable reserves133--€0.3m€0.3m€0.5m€0.6m€0.7m▲ 20.4%
Profit (loss) carried forward14------€0-
Investment grants15--€0.009m€0.006m€0.004m---
Amounts payable17/49€0.8m€0.8m€0.8m€0.6m€0.7m€0.5m€0.4m▼ 22.7%
Amounts payable after more than one year17€0.4m€0.4m€0.3m€0.3m€0.3m€0.2m€0.1m▼ 44.3%
Financial debts170/4--€0.08m€0.02m--€0.1m-
Trade debts175--€0.3m€0.3m€0.3m€0.2m€0▼ 100%
Amounts payable within one year42/48€0.4m€0.4m€0.4m€0.3m€0.4m€0.2m€0.2m▲ 0.8%
Current portion of amounts payable after more than one year42--€0.1m€0.08m€0.04m€0.02m€0.03m▲ 85.3%
Trade debts44€0.1m€0.09m€0.08m€0.08m€0.06m€0.09m€0.07m▼ 20.7%
Suppliers440/4--€0.08m€0.08m€0.06m€0.09m€0.07m▼ 20.7%
Taxes, remuneration and social security45--€0.03m€0.03m€0.08m€0.03m€0.04m▲ 17.4%
Taxes450/3----€0.05m-€229-
Remuneration and social security454/9--€0.03m€0.03m€0.03m€0.03m€0.04m▲ 16.7%
Other amounts payable47/48--€0.2m€0.2m€0.2m€0.09m€0.09m▼ 1.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€129,142€188,193€196,395€121,899€213,041€142,274€181,486▲ 27.6%
+ Depreciation and write-downs630€114,301€78,721€67,734€69,812€70,243€53,706€26,631▼ 50.4%
Operating cash flow (approximation)€243,443€266,913€264,129€191,710€283,285€195,980€208,117▲ 6.2%
Investment in fixed assets (approximation)--€11,041-€96,072-€17,288-€17,903-€5,878-€20,428▼ 248%
Change in cash-€71,086€54,876-€101,904-€149,415€55,526€460,127▲ 729%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as MATOCO has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.3% was still going
3.9% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of MATOCO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for MATOCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 29-04-2026 2026-00092357 PDF
30-09-2024 abbreviated format 26-11-2025 2025-00570811 PDF
30-09-2023 abbreviated format 07-05-2024 2024-00083390 PDF
30-09-2022 abbreviated format 19-05-2023 2023-00090825 PDF
30-09-2021 abbreviated format 15-04-2022 2022-20005261 PDF
30-09-2020 abbreviated format 30-04-2021 2021-12700513 PDF
30-09-2019 abbreviated format 05-05-2020 2020-11600058 PDF
30-09-2018 abbreviated format 25-04-2019 2019-11100582 PDF
30-09-2017 abbreviated format 22-05-2018 2018-14000193 PDF
30-09-2016 abbreviated format 23-05-2017 2017-13200168 PDF

Show all 14 filings

Board & ownership

Directors

Directors
2 directors, last change in 2026

Board 2

ANTHONISSEN Thomas
Director (not named in the articles) · appointed in the act of 01-12-2025 · earlier manager, until 01-12-2025 · term without a fixed end
Current
Westerflier Group BV
Director · since 02-02-2026 · Legal entity · permanent representative: Hervé van Hövell tot Westerflier · listed in the 2025 annual accounts, filed on 29-04-2026
Current
Permanent representatives 1
Hervé van Hövell tot Westerflier
Permanent representative · appointed in the act of 23-02-2026 · for Westerflier Group BV
Current

Owners and capital

Shareholders

3 owners

Owners 3

Capital transactions

Capital over time
  1. 01-12-2025 Converted to unavailable equity · €100,000

Mandate history

4 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ANTHONISSEN Thomas
  • Manager, until 01-12-2025
  • Director (not named in the articles), appointed in the act of 01-12-2025, still in office
Westerflier Group BV
  • Director, from 02-02-2026 to date
Marina Janssens
  • Manager, until 01-12-2025
  • Director (not named in the articles), appointed in the act of 01-12-2025, until 02-02-2026
Thomas Antonissen
  • Director, until 02-02-2026
See the board, name and registered office on a given date →

Network & group

Connections & network

2 current directors
Depth

The network starts from the directors of MATOCO. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
29-04
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 1 day before the deadline
23-02
Gazette deed 1 director appointed, 2 directors resigning
Resignations: Thomas Antonissen (director) and Marina Janssens (director) · Appointment: Westerflier Group BV (director) · Permanent representative: Hervé van Hövell tot Westerflier5 points ▸
  • General meeting, 02-02-2026
  • Director resignation, Thomas Antonissen (director)
  • Director resignation, Marina Janssens (director)
  • Director appointment, Westerflier Group BV (director)
  • Permanent representative, Hervé van Hövell tot Westerflier

Open the act in the Belgian Official Gazette

2025
01-12
Gazette deed Changes of role: JANSSENS Marina (director) and ANTHONISSEN Thomas (director)
Capital conversion · Reserve release · Amendment of the articles16 points ▸
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Other provision, 50, “inkoop eigen aandelen” (deed in Dutch)
  • Other provision, 50, “afwijking gelijk aanbod alle aandeelhouders” (deed in Dutch)
  • Board meeting, 50, 50000
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Director resignation, JANSSENS Marina (manager)
  • Director resignation, ANTHONISSEN Thomas (manager)
  • Director appointment, JANSSENS Marina (director (not named in the articles))
  • Director appointment, ANTHONISSEN Thomas (director (not named in the articles))
  • The act holds 4 more points.

Open the act in the Belgian Official Gazette

26-11
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 210 days late
2024
07-05
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 7 days late
2023
30-09
Financial Highest result from 2019 to 2025net €213,041 ▲74.8%
The operating result of €321,612 and the net result of €213,041 are both a record.
30-09
Financial Equity above €500,000equity €615,735 ▲32.5%
With a profit in every financial year since 2019, equity grows to €615,735.
19-05
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 19 days late
2022
30-09
Financial Weakest financial yearnet €121,899 ▼37.9%
The net result drops to €121,899, the lowest from 2019 to 2025. It recovers the following year.
15-04
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 15 days before the deadline
2021
30-04
NBB filing Annual accounts 2020 filedPDF
abbreviated format · on the deadline day
2020
05-05
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 5 days late
Show earlier events
2019
25-04
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 5 days before the deadline
2018
22-05
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 22 days late
2017
23-05
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 23 days late
2011
25-01
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 January 2011, MATOCO was incorporated.1 Total assets went from €1.1m in 2019 to €1.2m in 2025 and headcount from 5.2 to 6.1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name MATOCO in Dutch
Enterprise number 0832.753.116
Legal form Private limited company
Status Active, normale toestand
Founded 10-01-2011
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 01-12-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…”
deed of 01-12-2025 (in Dutch)

Registered office and establishments

Registered office Diestsesteenweg 359, 3202 Aarschot, Belgium
Establishment unit Diestsesteenweg 359, 3202 Aarschot since 01-02-2011 · unit number 2.195.298.951

Activities

NACEBEL 2025
VAT activities
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
Social security (RSZ) activities
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
VAT activities
47113 Retail trade main activity
Social security (RSZ) activities
47114 Supermarkets main activity
Joint committee 201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 30-09-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Zuivel,margarine,beenhouwerij,vers vlees en vleeswaren,vis,bakkerij,groenten en fruit; Traiteurafdeling; Alle dranken,alcoholische en…”
15 activities
  1. Zuivel,margarine,beenhouwerij,vers vlees en vleeswaren,vis,bakkerij,groenten en fruit
  2. Traiteurafdeling
  3. Alle dranken,alcoholische en niet-alcoholische
  4. Alle voedingswaren,conserven,diepvriesproducten,snoep
  5. Speelgoed,papier- en rookwaren en tabak
  6. Audio-,video- en fotoartikelen
  7. Alle textielproducten,schoeisel en lederwaren
  8. Parfumerie,drogisterij,ontsmettingsmiddelen,schoonmaakmiddelen,wasproducten
  9. Alle artikelen in elektro en non-elektro,geschenken,juwelen,doe-het-zelf-artikelen
  10. Alle soorten meubelen
  11. Tuingereedschap
  12. Dierenartikelen
  13. Bloemen en planten
  14. Alle andere artikelen in hout,metaal of andere kunst- of natuurstoffen
  15. De uitbating van een verbruikzaal en eetgelegenheid in de meest ruime zin
deed of 01-12-2025 (in Dutch)

Invoicing and payment

VAT number BE 0832.753.116
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0832753116
Other Peppol ID 9925:BE0832753116
Registered 29-09-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09

Recognitions · licences · registrations

Food safety, FASFC

1 site
Aarschotunit number 2.195.298.951
2 permissions
Authorisation · Bakkerij · since 01-02-2011
Authorisation · Detailhandel met verwerking · since 01-02-2011

Dual-learning approval

3 live approvals · 3 ended
Onthaal, organisatie en sales duaal (so)
approved · 2026 to 2031
Winkelmedewerker (vwo)
approved · 2026 to 2031
Winkelmedewerker duaal (so)
approved · 2026 to 2031
Show 3 ended approvals
Winkelbediende (so)
ended · 2019 to 2024
Winkelmedewerker (vwo)
ended · 2019 to 2024
Winkelmedewerker duaal (so)
ended · 2019 to 2024

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,062 m²
Building footprint
674 m²
Building volume
3,403 m³
Cadastral parcel Region Area Buildings Height / floors
24092E0072/00E002 Flanders 1,062 m² 1 · 673 m² 10.8 m · 1