MATRIX PL
InactiveMATRIX PL was declared bankrupt on 18-09-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 12-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-08-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-08-2023 close31-03-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2022 was due by 31-03-2023 and was filed on 31-03-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
9 d early
2020
28 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
-€90,941▼ 8.5%
2021 · -€83,816
Total assets
€23,272▼ 55.8%
2021 · €52,697
Net result
-€7,125▲ 89.4%
2021 · -€67,390
Working capital
-€94,291▼ 34.7%
2021 · -€69,976
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€11,325--€41,260-€65,579▼ 58.9%-€5,796▲ 91.2%
Net result€10,709--€41,494-€67,390▼ 62.4%-€7,125▲ 89.4%
Equity€25,068--€16,426-€83,816▼ 410%-€90,941▼ 8.5%
Total assets€37,796-€14,108▼ 62.7%€52,697▲ 274%€23,272▼ 55.8%
Debt€12,728-€30,533▲ 140%€136,513▲ 347%€114,213▼ 16.3%
Working capital€14,323--€20,837-€69,976▼ 236%-€94,291▼ 34.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,796 in 2022 against €65,579 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €23,272
Fixed assets
€3,777 ▼ 19.8%
Current assets
€19,495 ▼ 59.4%
Key figures and ratios
EBITDA
-€4,865▲
2021 · -€64,727
Cash flow
-€6,194▲
2021 · -€66,538
Solvency
-390.8%▼
2021 · -159.1%
Current ratio
0.17▼
2021 · 0.41
Debt to equity
-1.26▼
2021 · -0.22
ROA
-30.6%▲
2021 · -127.9%
Interest coverage
-3.14
Debt ≤ 1 year
€113,786▼
2021 · €117,965
Debt > 1 year
€427▼
2021 · €18,548
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,200 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,865 | €6,334 | €852 | €931 | ▲ 9.2% |
| Other operating charges640/8 | - | - | - | €867 | - |
| Gross operating margin9900 | €28,405 | -€22,491 | -€56,763 | -€3,999 | ▲ 93.0% |
| Operating profit (loss)9901 | €11,325 | -€41,260 | -€65,579 | -€5,796 | ▲ 91.2% |
| Financial income75/76B | - | - | - | €222 | - |
| Recurring financial income75 | - | - | €249 | €222 | ▼ 11.1% |
| Financial charges65/66B | - | - | - | €1,550 | - |
| Recurring financial charges65 | €616 | €234 | €2,060 | €1,550 | ▼ 24.7% |
| Profit (loss) for the period before taxes9903 | €10,709 | -€41,494 | -€67,390 | -€7,125 | ▲ 89.4% |
| Profit (loss) for the period9904 | €10,709 | -€41,494 | -€67,390 | -€7,125 | ▲ 89.4% |
| Profit (loss) for the period to be appropriated9905 | €10,709 | -€41,494 | -€67,390 | -€7,125 | ▲ 89.4% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €37,796 | €14,108 | €52,697 | €23,272 | ▼ 55.8% |
| Fixed assets21/28 | €10,745 | €4,411 | €4,708 | €3,777 | ▼ 19.8% |
| Tangible fixed assets22/27 | €7,636 | €1,302 | €1,599 | €668 | ▼ 58.2% |
| Furniture and vehicles24 | - | - | - | €668 | - |
| Financial fixed assets28 | €3,109 | €3,109 | €3,109 | €3,109 | = |
| Current assets29/58 | €27,051 | €9,697 | €47,989 | €19,495 | ▼ 59.4% |
| Amounts receivable within one year40/41 | €27,051 | €9,449 | €39,445 | €19,438 | ▼ 50.7% |
| Trade receivables40 | - | - | - | €675 | - |
| Other amounts receivable41 | - | - | - | €18,763 | - |
| Cash at bank and in hand54/58 | - | €248 | €8,544 | €57 | ▼ 99.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €37,796 | €14,108 | €52,697 | €23,272 | ▼ 55.8% |
| Equity10/15 | €25,068 | -€16,426 | -€83,816 | -€90,941 | ▼ 8.5% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Outside capital11 | - | - | - | €6,200 | - |
| Other1109/19 | - | - | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Legal reserve130 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €17,008 | -€24,486 | -€91,876 | -€99,001 | ▼ 7.8% |
| Amounts payable17/49 | €12,728 | €30,533 | €136,513 | €114,213 | ▼ 16.3% |
| Amounts payable after more than one year17 | - | - | €18,548 | €427 | ▼ 97.7% |
| Financial debts170/4 | - | - | - | €427 | - |
| Amounts payable within one year42/48 | €12,728 | €30,533 | €117,965 | €113,786 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,169 | - |
| Financial debts43 | - | - | - | €4,682 | - |
| Credit institutions430/8 | - | - | - | €4,682 | - |
| Trade debts44 | €11,784 | €7,661 | €100,575 | €73,404 | ▼ 27.0% |
| Suppliers440/4 | - | - | - | €73,404 | - |
| Other amounts payable47/48 | - | - | - | €7,531 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,709 | -€41,494 | -€67,390 | -€7,125 | ▲ 89.4% |
| + Depreciation and write-downs630 | €6,865 | €6,334 | €852 | €931 | ▲ 9.2% |
| Operating cash flow (approximation) | €17,574 | -€35,160 | -€66,538 | -€6,194 | ▲ 90.7% |
| Investment in fixed assets (approximation) | - | -€0 | -€1,149 | €0 | ▲ 100% |
| Change in cash | - | - | €8,296 | -€8,487 | ▼ 202% |
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
12-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 03-06-2025
2023
25-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 18-09-2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial
Weakest financial yearnet -€67,390
Net result drops to -€67,390, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
15-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
28-02
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THIERRY BINDELLE RUE VAN EYCK 44 BTE 6,
1000 FR BRUXELLES-VILLE |
18-09-2023 → 03-06-2025 |