MATRACON
Open bankruptcyA bankruptcy procedure is open for MATRACON according to publications in the Belgian State Gazette; curator: BARBARA HEYSSE.
Summary
The 2021 annual accounts show equity of €3.2m and a net result of -€150,164.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 12 January 2023
- Supervising judge
- Christiaan Govaerts
- Official Gazette
- 24-05-2023 (pdf) ↗search the document for 2023/120069
Deadlines
- Provisional date payments stopped
- 19 May 2022Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- File the claim in RegSol until
- passed on 11 February 2023art. XX.104 and XX.155 CEL
- Appeal or third-party opposition until
- passed on 8 June 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- passed on 12 January 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Barbara HeysseEsmoreitlaan 5, 2050 Antwerpen 5b.heysse@esmoreit.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Real estate agency activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
€3.2m▼ 4.5%
2020 · €3.3m
Total assets
€13.5m▼ 0.7%
2020 · €13.6m
Net result
-€150,164
2020 · €39,141
Working capital
-€3.5m▲ 0.5%
2020 · -€3.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€234,552-€935,078€60,059▼ 93.6%-€148,257
Net result-€309,176-€983,160€39,141within the sector's middle half▼ 96.0%-€150,164below the sector's middle half
Equity€2.3m-€3.3m▲ 42.1%€3.3mabove the sector's middle half▲ 1.2%€3.2mabove the sector's middle half▼ 4.5%
Total assets€14.0m-€13.4m▼ 3.8%€13.6mabove the sector's middle half▲ 0.9%€13.5mabove the sector's middle half▼ 0.7%
Debt€11.7m-€10.2m▼ 12.9%€10.2m▲ 0.7%€10.3m▲ 0.6%
Working capital-€4.4m--€4.1m▲ 7.3%-€3.5mbelow the sector's middle half▲ 13.2%-€3.5mbelow the sector's middle half▲ 0.5%
Solvency16.5%-24.4%▲ 7.9pp24.5%within the sector's middle half▲ 0.1pp23.6%within the sector's middle half▼ 1.0pp
Current ratio0.23-0.26▲ 0.020.33below the sector's middle half▲ 0.070.34below the sector's middle half▲ 0.01
Return on assets (ROA)-2.2%-7.3%▲ 9.5pp0.3%within the sector's middle half▼ 7.0pp-1.1%below the sector's middle half▼ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €148,257 after €60,059 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €13.5m
Fixed assets
€11.7m ▼ 1.4%
Current assets
€1.8m ▲ 4.5%
Equity and liabilities €13.5m
Equity
€3.2m ▼ 4.5%
Debt
€10.3m ▲ 0.6%
Debt's share of the balance-sheet total rises from 75.5% to 76.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73,012▼
2020 · €274,207
Cash flow
€71,105▼
2020 · €253,289
Debt to equity
3.24▲
2020 · 1.41
ROE
-4.7%▼
2020 · 1.2%
Interest coverage
106.29
Debt ≤ 1 year
€5.3m▲
2020 · €5.2m
Debt > 1 year
€4.7m=
2020 · €4.7m
Income taxes
€1,220
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €213,563 | €212,781 | €214,148 | €221,269 | ▲ 3.3% |
| Other operating charges640/8 | - | - | - | €17,602 | - |
| Gross operating margin9900 | €2,956 | €1.3m | €279,133 | €90,615 | ▼ 67.5% |
| Operating profit (loss)9901 | -€234,552 | €935,078 | €60,059 | -€148,257 | ▼ 347% |
| Recurring financial income75 | €25,122 | €10,546 | - | - | - |
| Financial charges65/66B | - | - | - | €687 | - |
| Recurring financial charges65 | €99,415 | €89,464 | €20,918 | €687 | ▼ 96.7% |
| Profit (loss) for the period before taxes9903 | -€308,845 | €983,160 | €39,141 | -€148,943 | ▼ 481% |
| Income taxes67/77 | €331 | - | - | €1,220 | - |
| Profit (loss) for the period9904 | -€309,176 | €983,160 | €39,141 | -€150,164 | ▼ 484% |
| Profit (loss) for the period to be appropriated9905 | -€309,176 | €983,160 | €39,141 | -€150,164 | ▼ 484% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €14.0m | €13.4m | €13.6m | €13.5m | ▼ 0.7% |
| Fixed assets21/28 | €12.6m | €12.0m | €11.8m | €11.7m | ▼ 1.4% |
| Tangible fixed assets22/27 | €8.5m | €7.9m | €7.7m | €7.5m | ▼ 2.2% |
| Land and buildings22 | - | - | - | €7.5m | - |
| Plant, machinery and equipment23 | - | - | - | €2,684 | - |
| Furniture and vehicles24 | - | - | - | €68,500 | - |
| Financial fixed assets28 | €4.2m | €4.2m | €4.2m | €4.2m | = |
| Current assets29/58 | €1.3m | €1.4m | €1.7m | €1.8m | ▲ 4.5% |
| Stocks and contracts in progress3 | €101,792 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.2m | €1.2m | €1.5m | €1.6m | ▲ 5.1% |
| Trade receivables40 | - | - | - | €914,324 | - |
| Other amounts receivable41 | - | - | - | €645,157 | - |
| Current investments50/53 | - | - | - | €70 | - |
| Cash at bank and in hand54/58 | €2,626 | €12,325 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €222,532 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €14.0m | €13.4m | €13.6m | €13.5m | ▼ 0.7% |
| Equity10/15 | €2.3m | €3.3m | €3.3m | €3.2m | ▼ 4.5% |
| Contributions10/11 | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Capital10 | - | - | - | €3.5m | - |
| Issued capital100 | - | - | - | €3.5m | - |
| Reserves13 | €114,595 | €114,595 | €114,595 | €114,595 | = |
| Non-distributable reserves130/1 | - | - | - | €8,404 | - |
| Legal reserve130 | - | - | - | €8,404 | - |
| Distributable reserves133 | - | - | - | €106,191 | - |
| Profit (loss) carried forward14 | -€1.4m | -€380,152 | -€341,011 | -€491,175 | ▼ 44.0% |
| Amounts payable17/49 | €11.7m | €10.2m | €10.2m | €10.3m | ▲ 0.6% |
| Amounts payable after more than one year17 | €5.9m | €4.7m | €4.7m | €4.7m | = |
| Financial debts170/4 | - | - | - | €4.7m | - |
| Amounts payable within one year42/48 | €5.7m | €5.5m | €5.2m | €5.3m | ▲ 1.2% |
| Financial debts43 | - | - | - | €5.1m | - |
| Credit institutions430/8 | - | - | - | €5.1m | - |
| Trade debts44 | €22,497 | €159,451 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €4,162 | - |
| Taxes450/3 | - | - | - | €4,162 | - |
| Other amounts payable47/48 | - | - | - | €182,022 | - |
| Accrued charges and deferred income492/3 | - | - | - | €310,195 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€309,176 | €983,160 | €39,141 | -€150,164 | ▼ 484% |
| + Depreciation and write-downs630 | €213,563 | €212,781 | €214,148 | €221,269 | ▲ 3.3% |
| Operating cash flow (approximation) | -€95,614 | €1.2m | €253,289 | €71,105 | ▼ 71.9% |
| Investment in fixed assets (approximation) | - | €387,082 | -€22,810 | -€54,995 | ▼ 141% |
| Change in cash | - | €9,699 | - | - | - |
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
2025
16-10
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 07-10-2025
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 339 days late
24-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-01-2023
2022
19-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-07-2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-05-2022
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 122 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
31-12
Financial
Back to profitnet €983,160
Net result €983,160 after one loss-making year.
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 111 days late
2018
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 213 days late
2016
26-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 122 days late
Show earlier events
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
10-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 71 days late
2012
30-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 122 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Antwerpen · 1 establishment unit since 1994
Ground area
1,452 m²
Parcel 11807G1609/13N000, Flanders. Linked by address, not a title deed.
1 establishment unit
MATRACON
since 19942.069.389.288
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1609/13N000 | Flanders | 1,452 m² | - | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BARBARA HEYSSE ESMOREITLAAN 5,
2050 ANTWERPEN 5 |
12-01-2023 → present |
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 2,187 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
85592Vocational training
85599Other education
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.