MATS BIKES
ActiveMATS BIKES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724k and a net result of €101k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency85▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 7.99 in 2024; short-term debt: 40.3% and cash: 7.4% of total assets), and 40.3% 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
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
59.7%
Return on assets
8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
71 d late
2023
30 d late
2022
60 d late
2021
31 d late
2020
13 d late
2019
7 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€724k▼ 21.6%
2024 · €924k
2018: €493k
2019: €538k
2020: €703k
2021: €745k
2022: €757k
2023: €843k
2024: €924k
2018 → 2025
Total assets
€1.21M▲ 15.9%
2024 · €1.05M
2018: €753k
2019: €785k
2020: €1.14M
2021: €1.25M
2022: €872k
2023: €1.47M
2024: €1.05M
2018 → 2025
Net result
€101k▲ 24.6%
2024 · €81k
2018: €149k
2019: €149k
2020: €165k
2021: €43k
2022: €26k
2023: €86k
2024: €81k
2018 → 2025
Working capital
€682k▼ 21.1%
2024 · €864k
2018: €272k
2019: €414k
2020: €581k
2021: €616k
2022: €667k
2023: €766k
2024: €864k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€745k-€757k▲ 1.5%€843k▲ 11.4%€924k▲ 9.6%€724k▼ 21.6%
Operating result€53k-€64k▲ 20.9%€101k▲ 56.9%€114k▲ 13.2%€139k▲ 21.9%
Net result€43k-€26k▼ 40.2%€86k▲ 237%€81k▼ 6.4%€101k▲ 24.6%
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 has risen four years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€42k▼ 28.8%
Current assets
€1.17M▲ 18.6%
Equity and liabilities €1.21M
Equity
€724k▼ 21.6%
Debt
€490k▲ 296%
The debt ratio rises from 11.8% to 40.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€156k▲
2024 · €132k
Cash flow
€118k▲
2024 · €98k
Solvency
59.7%▼
2024 · 88.2%
Current ratio
2.39▼
2024 · 7.99
Quick ratio
1.78▼
2024 · 4.91
Debt / equity
0.68▲
2024 · 0.13
ROE
13.9%▲
2024 · 8.7%
ROA
8.3%▲
2024 · 7.7%
Interest coverage
30.46▲
2024 · 21.10
Debt
€490k▲
2024 · €124k
Debt ≤ 1 year
€490k▲
2024 · €124k
Income taxes
€37k▲
2024 · €30k
Staff costs
€164k▲
2024 · €152k
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€1.05M€1.21M▲
Fixed assets21/28€59k€42k▼
Tangible fixed assets22/27€59k€41k▼
Plant, machinery and equipment23€4k€303▼
Furniture and vehicles24€2k€439▼
Other tangible fixed assets26€53k€41k▼
Financial fixed assets28€510€510=
Current assets29/58€988k€1.17M▲
Amounts receivable after more than one year29-€343k
Other amounts receivable291-€343k
Stocks and contracts in progress3€381k€298k▼
Stocks30/36€381k€298k▼
Amounts receivable within one year40/41€300k€170k▼
Trade receivables40€38k€46k▲
Other amounts receivable41€262k€124k▼
Current investments50/53€220k€269k▲
Cash at bank and in hand54/58€85k€89k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.21M▲
Equity10/15€924k€724k▼
Contributions10/11€417k€417k=
Reserves13€507k€307k▼
Non-distributable reserves130/1€16k€16k=
Reserves not available under the articles1311€16k€16k=
Distributable reserves133€490k€291k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€124k€490k▲
Amounts payable within one year42/48€124k€490k▲
Trade debts44€83k€128k▲
Suppliers440/4€83k€128k▲
Taxes, remuneration and social security45€38k€62k▲
Taxes450/3€16k€44k▲
Remuneration and social security454/9€22k€17k▼
Other amounts payable47/48€3k€300k▲
Income statement
Code20242025
Remuneration, social security and pensions62€152k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€287k€325k▲
Operating profit (loss)9901€114k€139k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€111k€138k▲
Income taxes67/77€30k€37k▲
Profit (loss) for the period9904€81k€101k▲
Profit (loss) for the period to be appropriated9905€81k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€101k▲
Transfer from equity791/2-€199k
Transfer to equity691/2€81k€0▼
To other reserves6921€81k€0▼
Profit to be distributed694/7-€300k
Return on contributions (dividend)694-€300k
Social balance
Average headcount (FTE)90873.43.7▲
The notes to these accounts (14 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 7.99
Current ratio from 2.22 to 7.99; short-term debt falls from €628k to €124k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €26k ▼40.2%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 6.79
Current ratio from 2.22 to 6.79; short-term debt falls from €504k to €115k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €165k ▲10.8%
Operating result €222k, net result €165k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €538k ▲9.2%
2 profitable years in a row build equity to €538k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Denderleeuw · 2 establishment units since 2016
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.
Landuitstraat 2269470 DenderleeuwGround area
1,241 m²
Building footprint
640 m²
Volume, LiDAR
3,516 m³
2 parcels, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
2-WIELERS BECQUE
since 20162.261.099.395
TOTAL DENDERLEEUW
since 20162.261.099.494
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41402B0563/00G000 | Flanders | 761 m² | 1 · 160 m² | - |
| 41402B1372/00W000 | Flanders | 480 m² | 1 · 480 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDenderleeuw2.261.099.494
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
MAX MOTO
BE 0835.591.751
Brussel · Eq €744k
KL-PROJECTS
BE 0713.867.936
Alveringem · Eq €704k
CONCEPT & CO
BE 0668.933.279
Kortrijk · Eq €775k
West Import
BE 0629.932.351
Kortrijk · Eq €676k
Motorsport Racing Parts & Tyres
BE 0869.551.649
Genk · Eq €786k
Of 169 companies in sector 46730 we hold annual accounts for 89. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2016
Fiscal year end31-12
Activities, NACEBEL
45401
46730Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45310
47820Retail sale of motor vehicle parts and accessories
46120Wholesale trade
46720Wholesale of motor vehicle parts and accessories
47120Other non-specialised retail sale
47191Retail trade
47260Retail trade
47300Retail sale of automotive fuel
47620Retail trade
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.