MATT FOOD
ActiveThe computed 12-month bankruptcy probability of MATT FOOD is 3.4% (moderate). The 2025 annual accounts show equity of €30k and a net result of €8k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 13270 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-1
Solvency32▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 3.12 in 2024; short-term debt: 10.9% and cash: 12.1% of total assets), but 93.5% 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 →
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
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
6.5%
Return on assets
1.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
13 d late
2024
25 d late
2023
5 d early
2022
3 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▲ 36.3%
2024 · €22k
2022: €5k
2023: €13k
2024: €22k
2022 → 2025
Total assets
€469k▼ 3.5%
2024 · €486k
2022: €91k
2023: €523k
2024: €486k
2022 → 2025
Net result
€8k▼ 9.1%
2024 · €9k
2022: €-8k
2023: €9k
2024: €9k
2022 → 2025
Working capital
€91k▼ 11.9%
2024 · €104k
2022: €42k
2023: €180k
2024: €104k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€13k▲ 188%€22k▲ 66.5%€30k▲ 36.3%
Operating result€-7k-€16k€23k▲ 46.9%€21k▼ 6.0%
Net result€-8k-€9k€9k▲ 1.8%€8k▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €469k
Fixed assets
€326k▼ 2.1%
Current assets
€143k▼ 6.7%
Equity and liabilities €469k
Equity
€30k▲ 36.3%
Debt
€438k▼ 5.5%
The debt ratio falls from 95.4% to 93.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €44k
Cash flow
€33k▲
2024 · €30k
Solvency
6.5%▲
2024 · 4.6%
Current ratio
2.79▼
2024 · 3.12
Quick ratio
2.76▼
2024 · 3.08
Debt / equity
14.38▼
2024 · 20.74
ROE
26.6%▼
2024 · 39.9%
ROA
1.7%▼
2024 · 1.8%
Interest coverage
3.73▼
2024 · 3.81
Debt
€438k▼
2024 · €464k
Debt ≤ 1 year
€51k▲
2024 · €49k
Debt > 1 year
€382k▼
2024 · €411k
Income taxes
€1k▼
2024 · €2k
Staff costs
€29k▼
2024 · €32k
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€486k€469k▼
Fixed assets21/28€333k€326k▼
Tangible fixed assets22/27€333k€326k▼
Land and buildings22€5k€8k▲
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€10k€17k▲
Other tangible fixed assets26€313k€296k▼
Financial fixed assets28€216€216=
Current assets29/58€153k€143k▼
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€837€563▼
Cash at bank and in hand54/58€48k€57k▲
Deferred charges and accrued income490/1€97k€82k▼
Equity and liabilities
Total equity and liabilities10/49€486k€469k▼
Equity10/15€22k€30k▲
Contributions10/11€13k€13k=
Profit (loss) carried forward14€10k€18k▲
Amounts payable17/49€464k€438k▼
Amounts payable after more than one year17€411k€382k▼
Financial debts170/4€411k€382k▼
Amounts payable within one year42/48€49k€51k▲
Current portion of amounts payable after more than one year42€29k€29k▲
Trade debts44€13k€18k▲
Suppliers440/4€13k€18k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€79€163▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€439€0▼
Remuneration, social security and pensions62€32k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€25k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€78k€78k▼
Operating profit (loss)9901€23k€21k▼
Financial income75/76B€41€400▲
Recurring financial income75€41€400▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€11k€10k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€18k▲
Profit (loss) brought forward from the previous period14P€924€10k▲
The notes to these accounts (13 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2022net €9k ▲1.8%
Operating result €23k, net result €9k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2021
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.
Lokerse Baan 309111 Sint-NiklaasGround area
453 m²
Building footprint
157 m²
Volume, LiDAR
839 m³
Parcel 46002C1112/00M000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MATT FOOD
since 20212.316.251.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002C1112/00M000 | Flanders | 453 m² | 1 · 157 m² | 9.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.316.251.815
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BISTRO NAPOLEON
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PADMA GROUP
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NERI-BORGHESE
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2021
Fiscal year end31-12
Abbreviation NL
MATT
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
10200Manufacture of food products
10391Manufacture of food products
10392Manufacture of food products
56210Event catering
74209Other photographic activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.