Mattax LLN
ActiveSummary
Mattax LLN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €62k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 3291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-5
Solvency35▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.82 against 1.04 in 2024; short-term debt: 89.7% and cash: 40.4% of total assets), and 89.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
10.3%
Return on assets
12.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3291 sector peers (2025).
NBB · sector comparisonPosition among 3291 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
32 d early
2022
89 d early
2021
9 d early
2020
26 d early
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€62k▲ 9.5%
2024 · €57k
2018: €-13k
2019: €16k
2020: €27k
2021: €84k
2022: €66k
2023: €24k
2024: €57k
2018 → 2025
Working capital
€-80k
2024 · €11k
2018: €-11k
2019: €8k
2020: €33k
2021: €36k
2022: €-798
2023: €24k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€48k▲ 15.4%€72k▲ 49.6%€49k▼ 31.8%€52k▲ 4.7%
Operating result€89k-€74k▼ 16.8%€41k▼ 44.9%€95k▲ 131%€101k▲ 6.7%
Net result€84k-€66k▼ 20.9%€24k▼ 63.8%€57k▲ 137%€62k▲ 9.5%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €501k
Fixed assets
€132k ▲ 242%
Current assets
€369k ▲ 16.9%
Equity and liabilities €501k
Equity
€52k ▲ 4.7%
Debt
€449k ▲ 47.2%
Debt's share of the balance-sheet total rises from 86.1% to 89.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119k▲
2024 · €110k
Cash flow
€80k▲
2024 · €72k
Current ratio
0.82▼
2024 · 1.04
Debt to equity
8.68▲
2024 · 6.17
ROE
120.5%▲
2024 · 115.2%
ROA
12.4%▼
2024 · 16.1%
Interest coverage
14.44▲
2024 · 11.02
Debt ≤ 1 year
€449k▲
2024 · €305k
Income taxes
€31k▲
2024 · €28k
Staff costs
€407k▲
2024 · €378k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€354k€501k▲
Fixed assets21/28€38k€132k▲
Intangible fixed assets21€8k€112k▲
Tangible fixed assets22/27€28k€19k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€26k€16k▼
Financial fixed assets28€3k€500▼
Current assets29/58€316k€369k▲
Amounts receivable within one year40/41€154k€154k▲
Trade receivables40€153k€137k▼
Other amounts receivable41€430€17k▲
Cash at bank and in hand54/58€143k€202k▲
Deferred charges and accrued income490/1€19k€13k▼
Equity and liabilities
Total equity and liabilities10/49€354k€501k▲
Equity10/15€49k€52k▲
Contributions10/11€40k€40k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€9k€12k▲
Amounts payable17/49€305k€449k▲
Amounts payable within one year42/48€305k€449k▲
Current portion of amounts payable after more than one year42-€10k
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€90k€214k▲
Suppliers440/4€90k€214k▲
Taxes, remuneration and social security45€55k€66k▲
Taxes450/3€14k€27k▲
Remuneration and social security454/9€41k€39k▼
Other amounts payable47/48€60k€60k=
Accrued charges and deferred income492/3€229€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€378k€407k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-712€0▲
Other operating charges640/8€7k€888▼
Gross operating margin9900€494k€527k▲
Operating profit (loss)9901€95k€101k▲
Financial income75/76B€84€193▲
Recurring financial income75€84€193▲
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€85k€93k▲
Income taxes67/77€28k€31k▲
Profit (loss) for the period9904€57k€62k▲
Profit (loss) for the period to be appropriated9905€57k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€72k▲
Profit (loss) brought forward from the previous period14P€2k€9k▲
Transfer from equity791/2€30k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€80k€60k▼
Return on contributions (dividend)694€80k€60k▼
Social balance
Average headcount (FTE)9087-6.9
The notes to these accounts (20 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €84k ▲206%
Net result €84k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Chaumont-Gistoux · 1 establishment unit since 2006
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.
Rue du Moulin,Dion-V. 311325 Chaumont-GistouxGround area
5,249 m²
Building footprint
315 m²
Volume, LiDAR
1,462 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mattax LLN
since 20062.207.614.189
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025B0425/00D000 | Wallonia | 4,248 m² | 1 · 149 m² | 7.1 m · 2 fl. |
| 25772K0008/00C000indicative | Wallonia | 1,001 m² | 1 · 166 m² | 4.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,970 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.