Matrexys
ActiveSummary
Matrexys has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335,760 and a net result of €6,793. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 36.02 against 16.38 in 2024; short-term debt: 1.6% and cash: 0.3% of total assets), and 1.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
98.4%
Return on assets
2%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
18 d early
2022
2 d early
2021
2 d late
2020
3 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€335,760▲ 2.1%
2024 · €328,967
Total assets
€341,200▲ 0.2%
2024 · €340,521
Net result
€6,793▲ 54.2%
2024 · €4,406
Working capital
€190,520▲ 7.2%
2024 · €177,703
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€3,101€1,648▼ 46.9%€18,561▲ 1,027%-€3,232€565
Net result€2,793within the sector's middle half€1,212within the sector's middle half▼ 56.6%€12,478within the sector's middle half▲ 929%€4,406within the sector's middle half▼ 64.7%€6,793within the sector's middle half▲ 54.2%
Equity€310,870above the sector's middle half▲ 0.9%€312,083above the sector's middle half▲ 0.4%€324,561above the sector's middle half▲ 4.0%€328,967above the sector's middle half▲ 1.4%€335,760above the sector's middle half▲ 2.1%
Total assets€313,115within the sector's middle half▲ 0.3%€316,642within the sector's middle half▲ 1.1%€340,910within the sector's middle half▲ 7.7%€340,521within the sector's middle half▼ 0.1%€341,200within the sector's middle half▲ 0.2%
Debt€2,244▼ 44.1%€4,560▲ 103%€16,349▲ 259%€11,555▼ 29.3%€5,440▼ 52.9%
Working capital€129,004above the sector's middle half▲ 24.2%€152,665above the sector's middle half▲ 18.3%€167,273above the sector's middle half▲ 9.6%€177,703above the sector's middle half▲ 6.2%€190,520above the sector's middle half▲ 7.2%
Solvency99.3%above the sector's middle half▲ 0.6pp98.6%above the sector's middle half▼ 0.7pp95.2%above the sector's middle half▼ 3.4pp96.6%above the sector's middle half▲ 1.4pp98.4%above the sector's middle half▲ 1.8pp
Current ratio58.48above the sector's middle half▲ 31.6234.48above the sector's middle half▼ 23.9911.23above the sector's middle half▼ 23.2516.38above the sector's middle half▲ 5.1536.02above the sector's middle half▲ 19.64
Return on assets (ROA)0.9%within the sector's middle half▲ 1.7pp0.4%within the sector's middle half▼ 0.5pp3.7%within the sector's middle half▲ 3.3pp1.3%within the sector's middle half▼ 2.4pp2.0%within the sector's middle half▲ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €565 after a loss of €3,232 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341,200
Fixed assets
€145,240 ▼ 4.0%
Current assets
€195,960 ▲ 3.5%
Equity and liabilities €341,200
Equity
€335,760 ▲ 2.1%
Debt
€5,440 ▼ 52.9%
Debt's share of the balance-sheet total falls from 3.4% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,589▲
2024 · €2,792
Cash flow
€12,817▲
2024 · €10,430
Debt to equity
0.02▼
2024 · 0.04
ROE
2.0%▲
2024 · 1.3%
Interest coverage
19.33▲
2024 · 7.71
Debt ≤ 1 year
€5,440▼
2024 · €11,555
Income taxes
€3,257▲
2024 · €1,792
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5,785 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,331 | €22,448 | €6,368 | €6,024 | €6,024 | = |
| Other operating charges640/8 | €1,493 | €2,310 | €3,151 | €845 | €810 | ▼ 4.1% |
| Gross operating margin9900 | €26,925 | €26,405 | €28,080 | €3,637 | €7,399 | ▲ 103% |
| Operating profit (loss)9901 | €3,101 | €1,648 | €18,561 | -€3,232 | €565 | ▲ 117% |
| Financial income75/76B | - | - | €3 | €9,791 | €9,826 | ▲ 0.4% |
| Recurring financial income75 | - | - | €3 | €9,791 | €9,826 | ▲ 0.4% |
| Financial charges65/66B | €265 | €271 | €346 | €362 | €341 | ▼ 5.9% |
| Recurring financial charges65 | €265 | €271 | €346 | €362 | €341 | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €2,836 | €1,376 | €18,218 | €6,198 | €10,050 | ▲ 62.2% |
| Income taxes67/77 | €43 | €164 | €5,740 | €1,792 | €3,257 | ▲ 81.8% |
| Profit (loss) for the period9904 | €2,793 | €1,212 | €12,478 | €4,406 | €6,793 | ▲ 54.2% |
| Profit (loss) for the period to be appropriated9905 | €2,793 | €1,212 | €12,478 | €4,406 | €6,793 | ▲ 54.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €313,115 | €316,642 | €340,910 | €340,521 | €341,200 | ▲ 0.2% |
| Fixed assets21/28 | €181,866 | €159,418 | €157,288 | €151,264 | €145,240 | ▼ 4.0% |
| Tangible fixed assets22/27 | €181,866 | €159,418 | €157,288 | €151,264 | €145,240 | ▼ 4.0% |
| Land and buildings22 | €177,032 | €154,584 | €152,454 | €146,430 | €140,406 | ▼ 4.1% |
| Furniture and vehicles24 | €4,834 | €4,834 | €4,834 | €4,834 | €4,834 | = |
| Current assets29/58 | €131,249 | €157,224 | €183,622 | €189,257 | €195,960 | ▲ 3.5% |
| Amounts receivable within one year40/41 | €115,057 | €140,765 | €170,330 | €182,631 | €194,519 | ▲ 6.5% |
| Trade receivables40 | - | - | €2,080 | €0 | €3,630 | - |
| Other amounts receivable41 | €115,057 | €140,765 | €168,250 | €182,631 | €190,889 | ▲ 4.5% |
| Cash at bank and in hand54/58 | €9,457 | €10,037 | €7,824 | €6,137 | €928 | ▼ 84.9% |
| Deferred charges and accrued income490/1 | €6,735 | €6,422 | €5,468 | €489 | €513 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €313,115 | €316,642 | €340,910 | €340,521 | €341,200 | ▲ 0.2% |
| Equity10/15 | €310,870 | €312,083 | €324,561 | €328,967 | €335,760 | ▲ 2.1% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €14,333 | €18,739 | €25,533 | ▲ 36.3% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | €0 | - | - |
| Reserves not available under the articles1311 | €1,855 | €1,855 | €1,855 | €0 | - | - |
| Distributable reserves133 | - | - | €12,478 | €18,739 | €25,533 | ▲ 36.3% |
| Profit (loss) carried forward14 | €290,465 | €291,678 | €291,678 | €291,678 | €291,678 | = |
| Amounts payable17/49 | €2,244 | €4,560 | €16,349 | €11,555 | €5,440 | ▼ 52.9% |
| Amounts payable within one year42/48 | €2,244 | €4,560 | €16,349 | €11,555 | €5,440 | ▼ 52.9% |
| Trade debts44 | €559 | €440 | €1,529 | €1,762 | €1,157 | ▼ 34.3% |
| Suppliers440/4 | €559 | €440 | €1,529 | €1,762 | €1,157 | ▼ 34.3% |
| Taxes, remuneration and social security45 | €1,686 | €4,120 | €9,740 | €4,612 | €4,283 | ▼ 7.1% |
| Taxes450/3 | €1,686 | €4,120 | €9,740 | €4,612 | €4,283 | ▼ 7.1% |
| Other amounts payable47/48 | - | - | €5,080 | €5,181 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,793 | €1,212 | €12,478 | €4,406 | €6,793 | ▲ 54.2% |
| + Depreciation and write-downs630 | €22,331 | €22,448 | €6,368 | €6,024 | €6,024 | = |
| Operating cash flow (approximation) | €25,124 | €23,661 | €18,846 | €10,430 | €12,817 | ▲ 22.9% |
| Investment in fixed assets (approximation) | - | €0 | -€4,238 | €0 | €0 | - |
| Change in cash | - | €580 | -€2,213 | -€1,687 | -€5,209 | ▼ 209% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 36.02
Current ratio from 16.38 to 36.02; short-term debt falls from €11,555 to €5,440.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €12,478 ▲929%
Operating result €18,561, net result €12,478, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €2,793
Net result €2,793 after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 58.48
Current ratio from 26.85 to 58.48; short-term debt falls from €4,018 to €2,244.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€2,395
Net result drops to -€2,395, the lowest in the series; recovery starts the following year.
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Leuven · 1 establishment unit since 2004
Ground area
103 m²
Building footprint
68 m²
Volume, LiDAR
482 m³
Parcel 24126D0353/00R002, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MATREXYS
since 20042.138.695.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0353/00R002 | Flanders | 103 m² | 1 · 68 m² | 11.6 m · 3 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 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,288 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
Founded08-07-2004
Fiscal year end30-09
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866233358
Also
9925:BE0866233358
Registered
25-03-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.