MATRICES
ActiveSummary
MATRICES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.77M and a net result of €210k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 73% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 24.79 against 39.92 in 2024; short-term debt: 2.2% and cash: 12.2% of total assets), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
76.8%
Return on assets
4.3%
Age of the figures
15 mo
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
29 d early
2023
6 d early
2022
42 d early
2021
21 d early
2020
26 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.77M▼ 31.4%
2024 · €5.49M
2019: €3.15M
2020: €4.85M
2021: €5.84M
2022: €5.89M
2023: €5.63M
2024: €5.49M
2019 → 2025
Total assets
€4.91M▼ 17.2%
2024 · €5.92M
2019: €5.20M
2020: €6.17M
2021: €6.78M
2022: €6.68M
2023: €6.23M
2024: €5.92M
2019 → 2025
Net result
€210k
2024 · €-38k
2019: €2.04M
2020: €1.70M
2021: €1.12M
2022: €436k
2023: €-141k
2024: €-38k
2019 → 2025
Working capital
€2.56M▼ 35.6%
2024 · €3.98M
2019: €1.82M
2020: €3.39M
2021: €4.28M
2022: €4.52M
2023: €4.02M
2024: €3.98M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.84M-€5.89M▲ 1.0%€5.63M▼ 4.4%€5.49M▼ 2.6%€3.77M▼ 31.4%
Operating result€389k-€192k▼ 50.6%€248k▲ 29.1%€-25k€100k
Net result€1.12M-€436k▼ 61.0%€-141k€-38k▲ 73.0%€210k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €100k after a loss of €25k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.91M
Fixed assets
€2.24M ▲ 21.3%
Current assets
€2.67M ▼ 34.6%
Equity and liabilities €4.91M
Equity
€3.77M ▼ 31.4%
Provisions
€26k ▼ 7.7%
Debt
€1.11M ▲ 172%
Debt's share of the balance-sheet total rises from 6.9% to 22.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€415k▲
2024 · €227k
Cash flow
€525k▲
2024 · €214k
Current ratio
24.79▼
2024 · 39.92
Debt to equity
0.30▲
2024 · 0.07
ROE
5.6%▲
2024 · -0.7%
ROA
4.3%▲
2024 · -0.6%
Interest coverage
1.75▼
2024 · 2.51
Debt ≤ 1 year
€108k▲
2024 · €102k
Debt > 1 year
€1.00M▲
2024 · €300k
Income taxes
€119k▲
2024 · €34k
Staff costs
€0▼
2024 · €2k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.92M€4.91M▼
Fixed assets21/28€1.84M€2.24M▲
Tangible fixed assets22/27€1.84M€2.24M▲
Land and buildings22€1.63M€2.09M▲
Plant, machinery and equipment23€1k€229▼
Furniture and vehicles24€215k€146k▼
Financial fixed assets28€0-
Current assets29/58€4.08M€2.67M▼
Amounts receivable within one year40/41€44k€1k▼
Trade receivables40€1k€0▼
Other amounts receivable41€43k€1k▼
Current investments50/53€3.98M€2.07M▼
Cash at bank and in hand54/58€49k€600k▲
Deferred charges and accrued income490/1€6k€1k▼
Equity and liabilities
Total equity and liabilities10/49€5.92M€4.91M▼
Equity10/15€5.49M€3.77M▼
Contributions10/11€19k€19k=
Reserves13€5.47M€3.75M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€54k€50k▼
Distributable reserves133€5.41M€3.70M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€28k€26k▼
Deferred taxes168€28k€26k▼
Amounts payable17/49€410k€1.11M▲
Amounts payable after more than one year17€300k€1.00M▲
Financial debts170/4€300k€1.00M▲
Amounts payable within one year42/48€102k€108k▲
Financial debts43€12k€0▼
Credit institutions430/8€12k€0▼
Trade debts44€63k€10k▼
Suppliers440/4€63k€10k▼
Taxes, remuneration and social security45€6k€52k▲
Taxes450/3€6k€52k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€21k€46k▲
Accrued charges and deferred income492/3€7k€7k▼
Income statement
Code20242025
Non-recurring operating income76A-€154k
Remuneration, social security and pensions62€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252k€315k▲
Other operating charges640/8€27k€28k▲
Gross operating margin9900€257k€444k▲
Operating profit (loss)9901€-25k€100k▲
Financial income75/76B€109k€464k▲
Recurring financial income75€109k€464k▲
Financial charges65/66B€90k€238k▲
Recurring financial charges65€90k€238k▲
Profit (loss) for the period before taxes9903€-6k€327k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€34k€119k▲
Profit (loss) for the period9904€-38k€210k▲
Transfer from tax-exempt reserves789€122k€4k▼
Profit (loss) for the period to be appropriated9905€84k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€214k▲
Transfer from equity791/2€107k€1.93M▲
Transfer to equity691/2€84k€214k▲
To other reserves6921€84k€214k▲
Profit to be distributed694/7€107k€1.93M▲
Return on contributions (dividend)694€107k€1.93M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 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
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
30-06
Financial
Back to profitnet €210k
Net result €210k after 2 loss-making years.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-141k ▼132%
Net result drops to €-141k, the lowest in the series; recovery starts the following year.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Liquidity doublescurrent ratio 17.46
Current ratio from 7.02 to 17.46; short-term debt falls from €563k to €260k.
30-06
Financial
Equity above €5MEq €5.84M ▲20.2%
3 profitable years in a row build equity to €5.84M.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity triplescurrent ratio 7.02
Current ratio from 2.75 to 7.02; short-term debt falls from €1.04M to €563k.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
26-01
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.
Directors · office · real estate
Directors
4 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, Zwalm · 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.
Sint-Annastraat(Roz) 439630 ZwalmGround area
435 m²
Building footprint
291 m²
Volume, LiDAR
1,670 m³
Parcel 45042A0219/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Annastraat(Roz) 43, 9630 Zwalm
since 20102.190.197.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45042A0219/00D000 | Flanders | 435 m² | 1 · 291 m² | 9.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400Z05C2J39IEPK12
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 13,651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2010
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.