MATOE
ActiveThe annual accounts of MATOE for fiscal year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-22k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 18237 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-36
Solvency25▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 1.0 against 1.01 in 2024; short-term debt: 99.8% and cash: 0.6% of total assets), and 99.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
0.2%
Return on assets
-1.6%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18237 sector peers (2025).
NBB · sector comparisonPosition among 18237 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
13 d late
2022
17 d late
2021
3 d late
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 86.8%
2024 · €25k
2019: €-152k
2020: €-189k
2021: €-97k
2022: €-131k
2023: €-71k
2024: €25k
2019 → 2025
Total assets
€1.35M▼ 5.4%
2024 · €1.43M
2019: €155k
2020: €654k
2021: €605k
2022: €660k
2023: €1.42M
2024: €1.43M
2019 → 2025
Net result
€-22k
2024 · €96k
2019: €-41k
2020: €-37k
2021: €92k
2022: €-34k
2023: €61k
2024: €96k
2019 → 2025
Working capital
€-6k
2024 · €19k
2019: €-150k
2020: €-203k
2021: €-136k
2022: €-162k
2023: €-90k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-97k-€-131k▼ 35.5%€-71k▲ 46.1%€25k€3k▼ 86.8%
Operating result€103k-€-31k€77k€137k▲ 77.6%€12k▼ 91.1%
Net result€92k-€-34k€61k€96k▲ 58.0%€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€9k▼ 22.2%
Current assets
€1.34M▼ 5.3%
Equity and liabilities €1.35M
Equity
€3k▼ 86.8%
Debt
€1.35M▼ 4.0%
The debt ratio rises from 98.3% to 99.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €140k
Cash flow
€-19k▼
2024 · €99k
Solvency
0.2%▼
2024 · 1.7%
Current ratio
1.00▼
2024 · 1.01
Quick ratio
0.03▲
2024 · 0.03
ROE
-659.7%▼
2024 · 383.4%
ROA
-1.6%▼
2024 · 6.7%
Interest coverage
0.44▼
2024 · 3.46
Debt
€1.35M▼
2024 · €1.41M
Debt ≤ 1 year
€1.35M▼
2024 · €1.40M
Income taxes
€257▼
2024 · €1k
Staff costs
€6k▲
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €1.35M, equity €3k).
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€1.43M€1.35M▼
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€620€72▼
Current assets29/58€1.42M€1.34M▼
Stocks and contracts in progress3€1.38M€1.30M▼
Stocks30/36€1.38M€1.30M▼
Amounts receivable within one year40/41€26k€32k▲
Trade receivables40€24k€25k▲
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.35M▼
Equity10/15€25k€3k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€367€-21k▼
Amounts payable17/49€1.41M€1.35M▼
Amounts payable within one year42/48€1.40M€1.35M▼
Financial debts43€620k€620k=
Credit institutions430/8€157-
Other loans439€620k€620k=
Trade debts44€358k€251k▼
Suppliers440/4€358k€251k▼
Taxes, remuneration and social security45€37k€5k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€31k€68▼
Other amounts payable47/48€385k€475k▲
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€5k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€19k€862▼
Gross operating margin9900€165k€22k▼
Operating profit (loss)9901€137k€12k▼
Financial income75/76B€243€0▼
Recurring financial income75€243€0▼
Financial charges65/66B€41k€34k▼
Recurring financial charges65€41k€34k▼
Profit (loss) for the period before taxes9903€97k€-21k▼
Income taxes67/77€1k€257▼
Profit (loss) for the period9904€96k€-22k▼
Profit (loss) for the period to be appropriated9905€96k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-21k▼
Profit (loss) brought forward from the previous period14P€-89k€367▲
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (4 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
31-03
Financial
Highest result since 2019net €96k ▲58%
Operating result €137k, net result €96k, both a record.
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
31-03
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
31-03
Financial
Back to profitnet €92k
Net result €92k after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leopoldsburg · 1 establishment unit since 2007
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.
Koningsstraat 53970 LeopoldsburgGround area
179 m²
Building footprint
206 m²
Volume, LiDAR
1,309 m³
Parcel 71034A0860/00A000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Matoe
since 20072.161.939.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0860/00A000 | Flanders | 179 m² | 1 · 206 m² | 11.2 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.
Similar companies · same sector, comparable size
MADAME GUL
BE 0718.593.915
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Laëtitia PARMENTIER
BE 0642.606.291
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BO4
BE 0737.479.815
Wetteren · Eq €4k
MOLIERE SHOES
BE 0742.635.958
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ASMO
BE 0838.716.339
Antwerpen · Eq €3k
Of 1,034 companies in sector 47721 we hold annual accounts for 582. 144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2007
Fiscal year end31-03
Activities, NACEBEL
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.