Summary
MATRIX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €21,707 and a net result of €2,167. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 6,673 sector peers (NACE 64, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
In the rankings
#7 oldest company in Bocholt, Finance and insurance sector
Equity
€21,707▲ 11.1%
2024 · €19,540
Net result
€2,167▼ 82.3%
2024 · €12,211
Total assets
€53,331▲ 7.4%
2024 · €49,637
Solvency
40.7%▲ 1.3pp
2024 · 39.4%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 63% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€4,999
2025
Net result€2,167
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€53,331
2025
Equity€21,707
2025
Debt€31,624
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€11,004
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency40.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.63
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€23,160-€8,197▼ 64.6%€25,026▲ 205%€19,516▼ 22.0%€6,867▼ 64.8%-€3,647€13,387€4,999▼ 62.7%
Net result€22,732-€7,869▼ 65.4%€24,739within the sector's middle half▲ 214%€19,340within the sector's middle half▼ 21.8%€6,659within the sector's middle half▼ 65.6%-€3,916below the sector's middle half€12,211within the sector's middle half€2,167below the sector's middle half▼ 82.3%
Equity-€47,361--€39,492▲ 16.6%-€14,754below the sector's middle half▲ 62.6%€4,586below the sector's middle half€11,245below the sector's middle half▲ 145%€7,329below the sector's middle half▼ 34.8%€19,540below the sector's middle half▲ 167%€21,707below the sector's middle half▲ 11.1%
Total assets€17,728-€18,016▲ 1.6%€40,293below the sector's middle half▲ 124%€38,864below the sector's middle half▼ 3.5%€33,770below the sector's middle half▼ 13.1%€26,756below the sector's middle half▼ 20.8%€49,637below the sector's middle half▲ 85.5%€53,331below the sector's middle half▲ 7.4%
Debt€65,090-€57,509▼ 11.6%€55,046▼ 4.3%€34,278▼ 37.7%€22,525▼ 34.3%€19,427▼ 13.8%€30,096▲ 54.9%€31,624▲ 5.1%
Working capital€6,887-€2,820▼ 59.1%€16,600within the sector's middle half▲ 489%€24,111within the sector's middle half▲ 45.3%€17,053within the sector's middle half▼ 29.3%€11,039within the sector's middle half▼ 35.3%€27,021within the sector's middle half▲ 145%€11,004within the sector's middle half▼ 59.3%
Solvency-267.2%--219.2%▲ 47.9pp-36.6%below the sector's middle half▲ 182.6pp11.8%below the sector's middle half▲ 48.4pp33.3%within the sector's middle half▲ 21.5pp27.4%within the sector's middle half▼ 5.9pp39.4%within the sector's middle half▲ 12.0pp40.7%within the sector's middle half▲ 1.3pp
Current ratio7.25-2.00▼ 5.253.78above the sector's middle half▲ 1.7818.42above the sector's middle half▲ 14.643.72above the sector's middle half▼ 14.702.35within the sector's middle half▼ 1.372.75within the sector's middle half▲ 0.401.63within the sector's middle half▼ 1.12
Return on assets (ROA)128.2%-43.7%▼ 84.5pp61.4%above the sector's middle half▲ 17.7pp49.8%above the sector's middle half▼ 11.6pp19.7%above the sector's middle half▼ 30.0pp-14.6%below the sector's middle half▼ 34.4pp24.6%above the sector's middle half▲ 39.2pp4.1%within the sector's middle half▼ 20.5pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,331
Fixed assets
€24,793 ▲ 247%
Current assets
€28,537 ▼ 32.8%
Equity and liabilities €53,331
Equity
€21,707 ▲ 11.1%
Debt
€31,624 ▲ 5.1%
Debt's share of the balance-sheet total falls from 60.6% to 59.3%. Equity and debt are higher.
Key figures and ratios
ROE
10.0%▼
2024 · 62.5%
Debt ≤ 1 year
€17,534▲
2024 · €15,473
Debt > 1 year
€14,090▼
2024 · €14,623
Income taxes
€163▲
2024 · €151
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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €8,728 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,435 | €2,455 | €4,161 | €4,355 | €2,920 | €2,920 | €2,080 | €1,553 | ▼ 25.4% |
| Other operating charges640/8 | - | - | - | €1,304 | €1,185 | €882 | €966 | €917 | ▼ 5.1% |
| Gross operating margin9900 | €25,723 | €11,725 | €30,341 | €25,174 | €10,972 | €155 | €16,434 | €7,469 | ▼ 54.5% |
| Operating profit (loss)9901 | €23,160 | €8,197 | €25,026 | €19,516 | €6,867 | -€3,647 | €13,387 | €4,999 | ▼ 62.7% |
| Financial income75/76B | - | - | - | €2 | - | - | - | - | - |
| Recurring financial income75 | - | €3 | - | €2 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €61 | €88 | €137 | €1,025 | €2,669 | ▲ 160% |
| Recurring financial charges65 | €314 | €214 | €171 | €61 | €88 | €137 | €1,025 | €2,666 | ▲ 160% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €4 | - |
| Profit (loss) for the period before taxes9903 | €22,846 | €7,986 | €24,855 | €19,457 | €6,779 | -€3,784 | €12,362 | €2,329 | ▼ 81.2% |
| Income taxes67/77 | €114 | €117 | €116 | €117 | €120 | €132 | €151 | €163 | ▲ 8.0% |
| Profit (loss) for the period9904 | €22,732 | €7,869 | €24,739 | €19,340 | €6,659 | -€3,916 | €12,211 | €2,167 | ▼ 82.3% |
| Profit (loss) for the period to be appropriated9905 | €22,732 | €7,869 | €24,739 | €19,340 | €6,659 | -€3,916 | €12,211 | €2,167 | ▼ 82.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17,728 | €18,016 | €40,293 | €38,864 | €33,770 | €26,756 | €49,637 | €53,331 | ▲ 7.4% |
| Fixed assets21/28 | €9,740 | €12,385 | €17,724 | €13,369 | €10,449 | €7,529 | €7,142 | €24,793 | ▲ 247% |
| Tangible fixed assets22/27 | €9,715 | €12,360 | €17,699 | €13,344 | €10,424 | €7,504 | €7,117 | €24,768 | ▲ 248% |
| Plant, machinery and equipment23 | - | - | - | €13,344 | €10,424 | €7,504 | €7,117 | €24,768 | ▲ 248% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €7,988 | €5,631 | €22,569 | €25,495 | €23,322 | €19,228 | €42,494 | €28,537 | ▼ 32.8% |
| Stocks and contracts in progress3 | €200 | €274 | €89 | €171 | €603 | €556 | €695 | €1,100 | ▲ 58.3% |
| Stocks30/36 | - | - | - | €171 | €603 | €556 | €695 | €1,100 | ▲ 58.3% |
| Amounts receivable within one year40/41 | €7,007 | €4,508 | €6,531 | €10,120 | €13,912 | €15,400 | €29,890 | €16,375 | ▼ 45.2% |
| Trade receivables40 | - | - | - | €10,120 | €13,912 | €15,400 | €29,890 | €16,375 | ▼ 45.2% |
| Cash at bank and in hand54/58 | €430 | €489 | €3,964 | €6,121 | €2,824 | €875 | €3,722 | €4,898 | ▲ 31.6% |
| Deferred charges and accrued income490/1 | - | - | - | €9,083 | €5,982 | €2,397 | €8,187 | €6,165 | ▼ 24.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17,728 | €18,016 | €40,293 | €38,864 | €33,770 | €26,756 | €49,637 | €53,331 | ▲ 7.4% |
| Equity10/15 | -€47,361 | -€39,492 | -€14,754 | €4,586 | €11,245 | €7,329 | €19,540 | €21,707 | ▲ 11.1% |
| Contributions10/11 | €142,500 | €142,500 | - | €142,500 | €142,500 | €142,500 | €142,500 | €142,500 | = |
| Profit (loss) carried forward14 | -€189,861 | -€181,992 | -€157,254 | -€137,914 | -€131,255 | -€135,171 | -€122,960 | -€120,793 | ▲ 1.8% |
| Amounts payable17/49 | €65,090 | €57,509 | €55,046 | €34,278 | €22,525 | €19,427 | €30,096 | €31,624 | ▲ 5.1% |
| Amounts payable after more than one year17 | €63,988 | €54,697 | €49,077 | €32,652 | €16,111 | €11,238 | €14,623 | €14,090 | ▼ 3.6% |
| Financial debts170/4 | - | - | - | €32,652 | €16,111 | €11,238 | €14,623 | €14,090 | ▼ 3.6% |
| Amounts payable within one year42/48 | €1,101 | €2,812 | €5,969 | €1,384 | €6,269 | €8,189 | €15,473 | €17,534 | ▲ 13.3% |
| Trade debts44 | €177 | €43 | €512 | - | €1,116 | €682 | €3,120 | €3,192 | ▲ 2.3% |
| Suppliers440/4 | - | - | - | - | €1,116 | €682 | €3,120 | €3,192 | ▲ 2.3% |
| Advances received on contracts in progress46 | - | - | - | - | - | €750 | €3,050 | €5,143 | ▲ 68.6% |
| Taxes, remuneration and social security45 | - | - | - | €1,384 | €5,153 | €6,757 | €9,303 | €9,200 | ▼ 1.1% |
| Taxes450/3 | - | - | - | €1,384 | €5,153 | €6,757 | €9,303 | €9,200 | ▼ 1.1% |
| Accrued charges and deferred income492/3 | - | - | - | €242 | €145 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,732 | €7,869 | €24,739 | €19,340 | €6,659 | -€3,916 | €12,211 | €2,167 | ▼ 82.3% |
| + Depreciation and write-downs630 | €1,435 | €2,455 | €4,161 | €4,355 | €2,920 | €2,920 | €2,080 | €1,553 | ▼ 25.4% |
| Operating cash flow (approximation) | €24,167 | €10,324 | €28,900 | €23,695 | €9,579 | -€996 | €14,292 | €3,720 | ▼ 74.0% |
| Investment in fixed assets (approximation) | - | -€5,100 | -€9,500 | €0 | €0 | €0 | -€1,694 | -€19,204 | ▼ 1,034% |
| Change in cash | - | €59 | €3,475 | €2,157 | -€3,297 | -€1,949 | €2,847 | €1,176 | ▼ 58.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-07-2026 | 2026-00253770 |
| 31-12-2024 | abbreviated format | 24-06-2025 | 2025-00173119 |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00143459 |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00171410 |
| 31-12-2021 | abbreviated format | 17-06-2022 | 2022-20069073 |
| 31-12-2020 | abbreviated format | 07-05-2021 | 2021-13500082 |
| 31-12-2019 | abbreviated format | 27-05-2020 | 2020-13100003 |
| 31-12-2018 | abbreviated format | 26-06-2019 | 2019-22300133 |
| 31-12-2017 | abbreviated format | 20-03-2018 | 2018-07000567 |
| 31-12-2016 | abbreviated format | 29-05-2017 | 2017-13000281 |
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Of the 24,456 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,093. 7,929 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.