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MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES

Active Public limited companyfounded 1988active for 38 yearsHagelberg 13, 2250 OlenKBO/BCE: BE 0433.302.067 subsidiary of GG TRADING#5 company by staff growth in Olen

Lifetime

18 annual accounts with figures on one time axis, 37 filings since 1989
peak €3.1m (2023)
-not published
peak €1.7m (2023)
€1.6m▼ 0.1%
peak €6.5m (2025)
€6.5m▲ 20.1%
€1.2m▼ 45.4%
peak 17 FTE (2025)
17 FTE▲ 7.6%
Board6 names since 2020
4 directorsGG TRADING and 3 others
Owners4 names in the annual accounts
100%NedKing Europe and 1 other
Documentsfilings and deeds
07-05-202685 days before the deadline
2025financial year
Merger: MATRO-INDUSTRIAL-& TRUCK-ACCESSORIES takes over SN TR… 30-10Merger proposal: MATRO- INDUSTRIAL - AND TRUCK ACCESSORIES ta… 29-084 directors appointed, 1 statutory auditor appointed, 1 resig… 18-08Dividend €600,000Equity from €5.4m to €6.5mDebts from €2.2m to €1.2m

Key points

from the 2025 annual accounts

Equity

€6.5m ▲ 20.1%

MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES has made a profit in every financial year since 2008.

Liquidity

6.14 was 3.18 in 2024

Short-term debts fell from €2.2m to €1.2m.

Checked score

92
Excellent
Financially stronger than 90% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.2 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.3%● unchanged vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value

Financial strength
Strong

100+4equity 84.4% of total assets
78+12short-term debt 15.6% · cash 25.2%
89-6return on assets 20.9%

Score breakdown

raises risk
2 changes of registered office in 24 months
lowers risk
Liquidity: current ratio 6.14, cash €1.9m
Size: turnover €15.7m, 17 FTE, total assets €7.7m
Founded in 1988
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 92% of them on solvency, 92% on liquidity, 92% on profitability and 82% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €550,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.14 (3.18 in 2024), above the usual 1.5. Short-term debt is 15.6% and cash 25.2% of total assets. 15.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 6.14, cash €1.9m
NBB · annual accounts
lowers risk · Size: turnover €15.7m, 17 FTE, total assets €7.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
85 days early
2024
76 days early
2023
63 days early
2022
61 days early
2021
67 days early
2020
53 days early
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GT
Managing director, Glenn Gils
AS
Director, since 02-07-2025
ES
Director, since 02-07-2025
JO
Director, since 02-07-2025
VB
Auditor, Lieve Mertens
and 1 other shareholderBoard & ownership

Recent changes

Appointment: GG Trading B.V. (managing director) Permanent representative: Glenn Gils · Board meeting of 19-05-2026 · Gazette deed
Registered office moved from Herentals to Olen New registered office: Hagelberg 13, 2250 Olen · Previous registered office: Atealaan 65, 2200 Herentals · Board meeting of 20-02-2026 · Gazette deed
Registered office moved from Herentals to Olen New registered office: Hagelberg 3, 2250 Olen · Previous registered office: Atealaan 65, 2200 Herentals · Board meeting of 27-01-2026 · Gazette deed
Resignations & appointments General meeting of 01-12-2025 · Gazette deed
All 57 events

Comparable companies

same main activity, similar in size and age
Company
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES Olen €15.7m 13.9% 84.4% 17
TECH EUROPE Turnhout €14.4m 4.4% 41.8% 18.3
ERA BENELUX Wevelgem €12.8m 2.8% 19.1% 21.3
INTERBAND Lokeren €12.4m 5.8% 83.2% 17.2
E.M.V. Roeselare €13.4m 4.1% 24.3% 22.4
VELORIS BE Malle €17.0m 0.3% 64.8% 25.3
Autobanden Sooi Turnhout €11.5m 10.3% 60.0% 20
-10%0%10%20%€20m€200m€2bn€20bnMATRO - INDUSTRIAL - AND TRUCK ACCESSORIESEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €6.1m and €15m, founded between 1976 and 1993.

Official details

Source: KBO
Status
Active since 02-02-1988Normal situation
Activity
Wholesale of motor vehicle parts and accessoriesNACE 46720and 1 other
Establishment unit
2.034.357.7392250 Olen, since 02-12-1999
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€7.7m▲ 1.2%
Employeeson 31-12-2025
17=
Filing
Filed on 07-05-2026, 85 days before the end of the filing period
Financials

Companies linked to MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES

Insights on MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES

MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES has existed since 1988. The gross margin grew from €311,817 in 2008 to €3.1m in 2024 and staff from 1 to 15.8 full-time equivalents.

Solvency rose in 2025 from 71.1% to 84.4% because of the retained profit and a capital increase and lower debts.

GG TRADING holds all the shares. In June 2026, the Official Gazette published the appointment of GG TRADING as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES

What is the company number of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES?
The company number of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES is 0433.302.067. The VAT number is the same number with BE in front: BE 0433.302.067.
Where is MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES based?
The registered office is at Hagelberg 13, 2250 Olen.Company details
What does MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES do?
According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES?
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES is a public limited company (NV).
When was MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES founded?
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES was founded on 02-02-1988.
Is MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES still active?
Yes, MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES is an active enterprise in the KBO register.
How many employees does MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES have?
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES had an average of 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES?
The turnover of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES was €15.7m in financial year 2025, according to the filed annual accounts.
Is MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES profitable?
In financial year 2025, MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES made a profit of €1.6m.
Where can I find the annual accounts of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES?
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES due?
MATRO - INDUSTRIAL - AND TRUCK ACCESSORIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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