MATONLINE
ActiveMATONLINE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-44k) and a net result of €-61k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
12
/ 100
Critical▼ -16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency37▲+26
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.81 in 2023), and equity is negative.
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 · 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
-15.5%
Return on assets
-21.5%
Age of the figures
20 mo
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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-44k
2023 · €17k
2018: €6k
2019: €5k
2020: €-3k
2021: €14k
2022: €12k
2023: €17k
2018 → 2024
Total assets
€282k▼ 1.4%
2023 · €286k
2018: €38k
2019: €48k
2020: €53k
2021: €39k
2022: €68k
2023: €286k
2018 → 2024
Net result
€-61k▼ 1,342%
2023 · €-4k
2018: €-4k
2019: €-1k
2020: €-8k
2021: €17k
2022: €-2k
2023: €-4k
2018 → 2024
Working capital
€-85k▼ 182%
2023 · €-30k
2018: €-5k
2019: €-8k
2020: €-12k
2021: €6k
2022: €3k
2023: €-30k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-3k-€14k€12k▼ 13.4%€17k▲ 43.4%€-44k
Operating result€-7k-€21k€-230€-1k▼ 394%€-53k▼ 4,583%
Net result€-8k-€17k€-2k€-4k▼ 132%€-61k▼ 1,342%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €53k in 2024 against €1k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €282k
Fixed assets
€125k▼ 20.2%
Current assets
€158k▲ 21.1%
Key figures and ratios
EBITDA
€-18k▼
2023 · €14k
Cash flow
€-25k▼
2023 · €11k
Solvency
-15.5%▼
2023 · 5.9%
Current ratio
0.65▼
2023 · 0.81
Quick ratio
0.65▼
2023 · 0.81
Debt / equity
-7.44▼
2023 · 16.03
ROE
138.3%▲
2023 · -25.0%
ROA
-21.5%▼
2023 · -1.5%
Interest coverage
-2.50▼
2023 · 4.49
Debt
€326k▲
2023 · €270k
Debt ≤ 1 year
€243k▲
2023 · €160k
Debt > 1 year
€84k▼
2023 · €109k
Income taxes
€469▲
2023 · €-116
Staff costs
€28k▼
2023 · €46k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€286k€282k▼
Fixed assets21/28€156k€125k▼
Tangible fixed assets22/27€156k€124k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€15k€11k▼
Leasing and similar rights25€140k€109k▼
Financial fixed assets28€363€363=
Current assets29/58€130k€158k▲
Amounts receivable within one year40/41€125k€156k▲
Trade receivables40€125k€155k▲
Other amounts receivable41€598€598=
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€180€85▼
Equity and liabilities
Total equity and liabilities10/49€286k€282k▼
Equity10/15€17k€-44k▼
Contributions10/11€19k€19k=
Reserves13€21€21=
Non-distributable reserves130/1€21€21=
Reserves not available under the articles1311€21€21=
Profit (loss) carried forward14€-2k€-62k▼
Amounts payable17/49€270k€326k▲
Amounts payable after more than one year17€109k€84k▼
Financial debts170/4€109k€84k▼
Amounts payable within one year42/48€160k€243k▲
Current portion of amounts payable after more than one year42€24k€26k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€71k€74k▲
Suppliers440/4€71k€74k▲
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€6k€963▼
Remuneration and social security454/9€4k€879▼
Other amounts payable47/48€55k€140k▲
Accrued charges and deferred income492/3€217-
Income statement
Code20232024
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€46k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€36k▲
Other operating charges640/8€166€6k▲
Gross operating margin9900€61k€16k▼
Operating profit (loss)9901€-1k€-53k▼
Financial income75/76B€27-
Recurring financial income75€27-
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€-4k€-60k▼
Income taxes67/77€-116€469▲
Profit (loss) for the period9904€-4k€-61k▼
Profit (loss) for the period to be appropriated9905€-4k€-61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-62k▼
Profit (loss) brought forward from the previous period14P€2k€-2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Fexhe-le-Haut-Clocher · 1 establishment unit since 2010
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.
Rue de Lexhy 1044347 Fexhe-le-Haut-ClocherGround area
4,368 m²
Building footprint
386 m²
Volume, LiDAR
2,597 m³
Parcel 64424A0145/00C000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Lexhy 104, 4347 Fexhe-le-Haut-Clocher
since 20102.185.071.092
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64424A0145/00C000 | Wallonia | 4,368 m² | 1 · 386 m² | 8.0 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 12,958 companies in sector 47120 we hold annual accounts for 2,176. 1,358 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2010
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:04 250 40 32