Matoxi
ActiveSummary
Matoxi has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €652k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency34=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.07 in 2024; short-term debt: 80.9% and cash: 36.3% of total assets), and 91.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.8%
Return on assets
44%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10407 sector peers (2025).
NBB · sector comparisonPosition among 10407 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
1 d early
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€130k▲ 32.4%
2024 · €98k
2023: €61klowest in 3 years
2024: €98k▲ +60.7% vs 2023
2025: €130k▲ +32.4% vs 2024highest in 3 years
2023 → 2025
Total assets
€1.48M▲ 29.4%
2024 · €1.15M
2023: €1.16M
2024: €1.15M▼ -1.4% vs 2023lowest in 3 years
2025: €1.48M▲ +29.4% vs 2024highest in 3 years
2023 → 2025
Net result
€652k▲ 200%
2024 · €217k
2023: €-39klowest in 3 years
2024: €217k▲ +658% vs 2023
2025: €652k▲ +200% vs 2024highest in 3 years
2023 → 2025
Working capital
€43k▼ 25.4%
2024 · €58k
2023: €66khighest in 3 years
2024: €58k▼ -12.4% vs 2023
2025: €43k▼ -25.4% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€61k-€98k▲ 60.7%€130k▲ 32.4%
2023: €61klowest in 3 years
2024: €98k▲ +60.7% vs 2023
2025: €130k▲ +32.4% vs 2024highest in 3 years
Operating result€-69k-€162k€654k▲ 305%
2023: €-69klowest in 3 years
2024: €162k▲ +336% vs 2023
2025: €654k▲ +305% vs 2024highest in 3 years
Net result€-39k-€217k€652k▲ 200%
2023: €-39klowest in 3 years
2024: €217k▲ +658% vs 2023
2025: €652k▲ +200% vs 2024highest in 3 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 305% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€240k ▼ 19.1%
Current assets
€1.24M ▲ 46.4%
Equity and liabilities €1.48M
Equity
€130k ▲ 32.4%
Debt
€1.35M ▲ 29.1%
Debt's share of the balance-sheet total falls from 91.4% to 91.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€690k▲
2024 · €242k
Cash flow
€688k▲
2024 · €297k
Current ratio
1.04▼
2024 · 1.07
Quick ratio
0.85▼
2024 · 1.04
Debt to equity
10.41▼
2024 · 10.67
ROE
501.3%▲
2024 · 221.0%
ROA
44.0%▲
2024 · 18.9%
Interest coverage
133.59▲
2024 · 53.80
Debt ≤ 1 year
€1.20M▲
2024 · €791k
Debt > 1 year
€148k▼
2024 · €254k
Income taxes
€9k▲
2024 · €2k
Staff costs
€61k▼
2024 · €83k
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 · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.15M€1.48M▲
Fixed assets21/28€297k€240k▼
Tangible fixed assets22/27€247k€240k▼
Furniture and vehicles24€4k€23k▲
Other tangible fixed assets26€243k€217k▼
Financial fixed assets28€50k€618▼
Current assets29/58€849k€1.24M▲
Stocks and contracts in progress3€27k€224k▲
Stocks30/36€27k€224k▲
Amounts receivable within one year40/41€218k€465k▲
Trade receivables40€205k€164k▼
Other amounts receivable41€12k€302k▲
Current investments50/53€300k€0▼
Cash at bank and in hand54/58€303k€538k▲
Deferred charges and accrued income490/1€118€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.48M▲
Equity10/15€98k€130k▲
Contributions10/11€100k€100k=
Reserves13-€30k
Distributable reserves133-€30k
Profit (loss) carried forward14€-2k€0▲
Amounts payable17/49€1.05M€1.35M▲
Amounts payable after more than one year17€254k€148k▼
Financial debts170/4€254k€148k▼
Amounts payable within one year42/48€791k€1.20M▲
Current portion of amounts payable after more than one year42€78k€85k▲
Trade debts44€12k€93k▲
Suppliers440/4€12k€93k▲
Advances received on contracts in progress46€481k€366k▼
Taxes, remuneration and social security45€40k€35k▼
Taxes450/3€17k€23k▲
Remuneration and social security454/9€22k€12k▼
Other amounts payable47/48€180k€620k▲
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€83k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€36k▼
Other operating charges640/8€10k€13k▲
Gross operating margin9900€335k€765k▲
Operating profit (loss)9901€162k€654k▲
Financial income75/76B€62k€12k▼
Recurring financial income75€62k€12k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€219k€661k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€217k€652k▲
Profit (loss) for the period to be appropriated9905€217k€652k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178k€650k▲
Profit (loss) brought forward from the previous period14P€-39k€-2k▲
Transfer to equity691/2-€30k
To other reserves6921-€30k
Profit to be distributed694/7€180k€620k▲
Directors or managers695€180k€620k▲
Social balance
Average headcount (FTE)9087-1.1
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €130k | €83k | €61k | ▼ 26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €85k | €80k | €36k | ▼ 55.4% |
| Other operating charges640/8 | €12k | €10k | €13k | ▲ 33.1% |
| Gross operating margin9900 | €159k | €335k | €765k | ▲ 128% |
| Operating profit (loss)9901 | €-69k | €162k | €654k | ▲ 305% |
| Financial income75/76B | €39k | €62k | €12k | ▼ 81.1% |
| Recurring financial income75 | €39k | €62k | €12k | ▼ 81.1% |
| Financial charges65/66B | €9k | €4k | €5k | ▲ 14.9% |
| Recurring financial charges65 | €9k | €4k | €5k | ▲ 14.9% |
| Profit (loss) for the period before taxes9903 | €-39k | €219k | €661k | ▲ 201% |
| Income taxes67/77 | - | €2k | €9k | ▲ 284% |
| Profit (loss) for the period9904 | €-39k | €217k | €652k | ▲ 200% |
| Profit (loss) for the period to be appropriated9905 | €-39k | €217k | €652k | ▲ 200% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.16M | €1.15M | €1.48M | ▲ 29.4% |
| Fixed assets21/28 | €327k | €297k | €240k | ▼ 19.1% |
| Tangible fixed assets22/27 | €327k | €247k | €240k | ▼ 3.0% |
| Furniture and vehicles24 | €20k | €4k | €23k | ▲ 486% |
| Other tangible fixed assets26 | €308k | €243k | €217k | ▼ 10.8% |
| Financial fixed assets28 | - | €50k | €618 | ▼ 98.8% |
| Current assets29/58 | €834k | €849k | €1.24M | ▲ 46.4% |
| Stocks and contracts in progress3 | €140k | €27k | €224k | ▲ 721% |
| Stocks30/36 | €140k | €27k | €224k | ▲ 721% |
| Amounts receivable within one year40/41 | €187k | €218k | €465k | ▲ 114% |
| Trade receivables40 | €184k | €205k | €164k | ▼ 20.4% |
| Other amounts receivable41 | €3k | €12k | €302k | ▲ 2,363% |
| Current investments50/53 | - | €300k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €492k | €303k | €538k | ▲ 77.2% |
| Deferred charges and accrued income490/1 | €15k | €118 | €15k | ▲ 12,528% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.16M | €1.15M | €1.48M | ▲ 29.4% |
| Equity10/15 | €61k | €98k | €130k | ▲ 32.4% |
| Contributions10/11 | €100k | €100k | €100k | = |
| Reserves13 | - | - | €30k | - |
| Distributable reserves133 | - | - | €30k | - |
| Profit (loss) carried forward14 | €-39k | €-2k | €0 | ▲ 100% |
| Amounts payable17/49 | €1.10M | €1.05M | €1.35M | ▲ 29.1% |
| Amounts payable after more than one year17 | €332k | €254k | €148k | ▼ 41.5% |
| Financial debts170/4 | €332k | €254k | €148k | ▼ 41.5% |
| Amounts payable within one year42/48 | €769k | €791k | €1.20M | ▲ 51.6% |
| Current portion of amounts payable after more than one year42 | €78k | €78k | €85k | ▲ 8.7% |
| Trade debts44 | €54k | €12k | €93k | ▲ 682% |
| Suppliers440/4 | €54k | €12k | €93k | ▲ 682% |
| Advances received on contracts in progress46 | €589k | €481k | €366k | ▼ 23.8% |
| Taxes, remuneration and social security45 | €48k | €40k | €35k | ▼ 11.5% |
| Taxes450/3 | €26k | €17k | €23k | ▲ 30.7% |
| Remuneration and social security454/9 | €21k | €22k | €12k | ▼ 44.2% |
| Other amounts payable47/48 | €411 | €180k | €620k | ▲ 244% |
| Accrued charges and deferred income492/3 | - | €3k | €5k | ▲ 67.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-39k | €217k | €652k | ▲ 200% |
| + Depreciation and write-downs630 | €85k | €80k | €36k | ▼ 55.4% |
| Operating cash flow (approximation) | €47k | €297k | €688k | ▲ 131% |
| Investment in fixed assets (approximation) | - | €-50k | €21k | ▲ 142% |
| Change in cash | - | €-188k | €234k | ▲ 224% |
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
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €652k ▲200%
Operating result €654k, net result €652k, both a record.
31-12
Financial
Equity above €100kEq €130k ▲32.4%
2 profitable years in a row build equity to €130k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €217k
Net result €217k after one loss-making year.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Gent · 1 establishment unit since 2021
Ground area
2,004 m²
Building footprint
879 m²
Volume, LiDAR
3,780 m³
Parcel 44062C0069/00H005, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Matoxi
since 20212.320.036.694
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062C0069/00H005 | Flanders | 2,003 m² | 1 · 879 m² | 5.1 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 2,607 companies in sector 47551 we hold annual accounts for 1,716. 1,343 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
Founded07-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
31002Manufacture of furniture
47540Retail sale of electrical household appliances
Scores and ratios are computed by Checked and are not a credit decision.