MATS 1805
ActiveThe computed 12-month bankruptcy probability of MATS 1805 is 1.5% (moderate). The 2025 annual accounts show equity of €577k and a net result of €28k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 3620 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-5
Solvency70▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.69 in 2024; short-term debt: 36.1% and cash: 23.5% of total assets), and 54.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
45.5%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
25 d late
2023
29 d late
2022
25 d late
2021
24 d early
2020
30 d early
2019
49 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€577k▼ 2.1%
2024 · €590k
2019: €20k
2020: €273k
2021: €479k
2022: €568k
2023: €571k
2024: €590k
2019 → 2025
Total assets
€1.27M▲ 29.6%
2024 · €979k
2019: €101k
2020: €682k
2021: €977k
2022: €1.03M
2023: €973k
2024: €979k
2019 → 2025
Net result
€28k▼ 53.6%
2024 · €60k
2019: €2k
2020: €3k
2021: €206k
2022: €89k
2023: €43k
2024: €60k
2019 → 2025
Working capital
€55k▼ 70.1%
2024 · €185k
2019: €-21k
2020: €-26k
2021: €220k
2022: €135k
2023: €175k
2024: €185k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€479k-€568k▲ 18.6%€571k▲ 0.4%€590k▲ 3.4%€577k▼ 2.1%
Operating result€270k-€131k▼ 51.7%€84k▼ 35.4%€101k▲ 20.1%€65k▼ 36.3%
Net result€206k-€89k▼ 56.7%€43k▼ 51.9%€60k▲ 40.0%€28k▼ 53.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€755k▲ 43.4%
Current assets
€514k▲ 13.6%
Equity and liabilities €1.27M
Equity
€577k▼ 2.1%
Debt
€692k▲ 77.7%
The debt ratio rises from 39.8% to 54.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€191k▼
2024 · €260k
Cash flow
€154k▼
2024 · €219k
Solvency
45.5%▼
2024 · 60.2%
Current ratio
1.12▼
2024 · 1.69
Quick ratio
1.06▼
2024 · 1.62
Debt / equity
1.20▲
2024 · 0.66
ROE
4.8%▼
2024 · 10.2%
ROA
2.2%▼
2024 · 6.1%
Interest coverage
6.56▼
2024 · 26.54
Debt
€692k▲
2024 · €389k
Debt ≤ 1 year
€459k▲
2024 · €267k
Debt > 1 year
€233k▲
2024 · €122k
Income taxes
€9k▼
2024 · €32k
Staff costs
€708k▲
2024 · €661k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€979k€1.27M▲
Fixed assets21/28€527k€755k▲
Intangible fixed assets21€63k€38k▼
Tangible fixed assets22/27€459k€713k▲
Land and buildings22€210k€203k▼
Plant, machinery and equipment23€142k€196k▲
Furniture and vehicles24€42k€41k▼
Other tangible fixed assets26€65k€213k▲
Assets under construction and advance payments27-€60k
Financial fixed assets28€5k€5k=
Current assets29/58€452k€514k▲
Stocks and contracts in progress3€20k€26k▲
Stocks30/36€20k€26k▲
Amounts receivable within one year40/41€96k€166k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€94k€160k▲
Cash at bank and in hand54/58€318k€298k▼
Deferred charges and accrued income490/1€18k€24k▲
Equity and liabilities
Total equity and liabilities10/49€979k€1.27M▲
Equity10/15€590k€577k▼
Contributions10/11€269k€269k=
Profit (loss) carried forward14€321k€309k▼
Amounts payable17/49€389k€692k▲
Amounts payable after more than one year17€122k€233k▲
Financial debts170/4€122k€233k▲
Amounts payable within one year42/48€267k€459k▲
Current portion of amounts payable after more than one year42€46k€53k▲
Trade debts44€109k€306k▲
Suppliers440/4€109k€306k▲
Taxes, remuneration and social security45€72k€60k▼
Taxes450/3€19k€0▼
Remuneration and social security454/9€52k€60k▲
Other amounts payable47/48€41k€41k=
Income statement
Code20242025
Remuneration, social security and pensions62€661k€708k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€126k▼
Other operating charges640/8€18k€17k▼
Gross operating margin9900€939k€916k▼
Operating profit (loss)9901€101k€65k▼
Financial income75/76B€912€2k▲
Recurring financial income75€912€2k▲
Financial charges65/66B€10k€29k▲
Recurring financial charges65€10k€29k▲
Profit (loss) for the period before taxes9903€93k€37k▼
Income taxes67/77€32k€9k▼
Profit (loss) for the period9904€60k€28k▼
Profit (loss) for the period to be appropriated9905€60k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€362k€349k▼
Profit (loss) brought forward from the previous period14P€302k€321k▲
Profit to be distributed694/7€41k€41k=
Return on contributions (dividend)694€41k€41k=
Social balance
Average headcount (FTE)908716.417.2▲
The notes to these accounts (19 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Equity above €500kEq €568k ▲18.6%
4 profitable years in a row build equity to €568k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €206k ▲6653%
Operating result €270k, net result €206k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 3.20
Current ratio from 0.79 to 3.20; short-term debt falls from €127k to €100k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €273k ▲1248%
2 profitable years in a row build equity to €273k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Bredene · 1 establishment unit since 2020
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.
Kapelstraat 1278450 BredeneGround area
547 m²
Building footprint
355 m²
Volume, LiDAR
1,812 m³
Parcel 35302C0378/00Z002, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALASKA
since 20202.297.415.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302C0378/00Z002 | Flanders | 547 m² | 1 · 354 m² | 9.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 2 entries · 7,400 EUR awarded · 7,400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 7,400 EUR | 7,400 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBredene2.297.415.009
Dual-learning approval
7 live approvals · 1 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Medewerker fastfood (vwo)
Medewerker fastfood duaal (so)
Show 1 more
Restaurant en keuken duaal (so)
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 5,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.