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MATTAN

Active
Public limited companyfounded 201214 years activeGentsesteenweg 1031, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0843.972.056
Summary

The computed 12-month bankruptcy probability of MATTAN is 19.5% (high). The 2024 annual accounts show equity of €482,506 and a net result of €3,713. Equity is growing by ~17.1% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known1 site
Size
€1.8mtotal assets 2024
Equity
€482,506
Profit
€3,713
Turnover not published (abridged schema)
Financial health
15 Critical Checked score 2024
Bankruptcy probability, 12 months
19.5%
Structure
Accounts 68 days overdue1 of 6 deeds read
Why 15- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 25-09-2025)- Liquidity: current ratio 0.05, cash €1,622, halved+ Size: total assets €1.8mShow the evidence

Checked score

Score 2024
15 / 100
Critical
Probability in this band: over 15.0%
Financially better than 37% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Average
Solvency 52=
equity 26.6% of total assets
Liquidity 49=
short-term debt 12.4% · cash 0.1%
Profitability 50+23
return on assets 0.2%
Bankruptcy probability, 12 months
19.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.3% 12-2024: 3.8%▲ +0.5 percentage points vs 11-2024 01-2025: 5.0%▲ +1.2 percentage points vs 12-2024 02-2025: 2.1%▼ -2.9 percentage points vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025lowest value 05-2025: 2.2%▲ +0.1 percentage points vs 04-2025 06-2025: 2.6%▲ +0.4 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 3.4%▲ +0.8 percentage points vs 07-2025 09-2025: 4.1%▲ +0.7 percentage points vs 08-2025 10-2025: 2.1%▼ -2.0 percentage points vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.3%▲ +0.2 percentage points vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 10.0%▲ +7.7 percentage points vs 02-2026 04-2026: 9.5%▼ -0.5 percentage points vs 03-2026 05-2026: 9.4%▼ -0.1 percentage points vs 04-2026 06-2026: 10.2%▲ +0.8 percentage points vs 05-2026 07-2026: 10.0%▼ -0.2 percentage points vs 06-2026 08-2026: 11.6%▲ +1.6 percentage points vs 07-2026 09-2026: 13.6%▲ +2.0 percentage points vs 08-2026 10-2026: 19.5%▲ +5.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.05 against 0.06 in 2023; short-term debt: 12.4% and cash: 0.1% of total assets), and 73.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 31% on solvency, 31% on liquidity, 36% on profitability and 51% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

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

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
Belgian State Gazette
lowers risk · Size: total assets €1.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 25-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.05, cash €1,622, halved
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
55 days late
2023
160 days late
2022
5 days early
2021
30 days late
2020
40 days early
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 45 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Registered officeDirector in office · Registered-office…
  2. Address struckevent 08-12-2025
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Back in profit in 2024after -€100,705 in 2023 €3,713 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €1.8m View

By topic

Financials

Fiscal year
2024
Total assets
€1.8m
Profit
€3,713
Solvency
26.6%
Total assets▲ 2.8%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 07-01-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
27-02-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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