MATTELIA
ActiveSummary
MATTELIA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,604 and a net result of €103,669. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+2
Solvency48▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.35 in 2024; short-term debt: 28.5% and cash: 15.3% of total assets), and 77.1% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
22.9%
Return on assets
20.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17179 sector peers (2025).
NBB · sector comparisonPosition among 17179 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
36 d early
2024
2 d early
2023
on the day
2022
34 d early
2021
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#9 company by total assets in Kuurne, Telecoms and IT sector
Equity
€114,604▲ 4.7%
2024 · €109,435
Total assets
€500,926▲ 33.2%
2024 · €375,947
Net result
€103,669▲ 44.5%
2024 · €71,741
Working capital
€17,170▼ 74.5%
2024 · €67,460
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€66,573-€73,175▲ 9.9%€95,682▲ 30.8%€93,586▼ 2.2%€135,416▲ 44.7%
Net result€47,328-€52,108▲ 10.1%€75,103▲ 44.1%€71,741▼ 4.5%€103,669▲ 44.5%
Equity€57,328-€109,435▲ 90.9%€184,538▲ 68.6%€109,435▼ 40.7%€114,604▲ 4.7%
Total assets€130,413-€171,237▲ 31.3%€248,898▲ 45.4%€375,947▲ 51.0%€500,926▲ 33.2%
Debt€73,086-€61,801▼ 15.4%€64,360▲ 4.1%€266,511▲ 314%€386,322▲ 45.0%
Working capital€43,353-€94,632▲ 118%€169,867▲ 79.5%€67,460▼ 60.3%€17,170▼ 74.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500,926
Fixed assets
€340,991 ▲ 193%
Current assets
€159,935 ▼ 38.4%
Equity and liabilities €500,926
Equity
€114,604 ▲ 4.7%
Debt
€386,322 ▲ 45.0%
Debt's share of the balance-sheet total rises from 70.9% to 77.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€152,531▲
2024 · €118,797
Cash flow
€120,784▲
2024 · €96,952
Current ratio
1.12▼
2024 · 1.35
Debt to equity
3.37▲
2024 · 2.44
ROE
90.5%▲
2024 · 65.6%
ROA
20.7%▲
2024 · 19.1%
Interest coverage
16.90▼
2024 · 29.85
Debt ≤ 1 year
€142,765▼
2024 · €192,006
Debt > 1 year
€241,022▲
2024 · €72,432
Income taxes
€23,114▲
2024 · €18,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,677 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,677 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €417 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,355 | €12,240 | €12,701 | €25,211 | €17,115 | ▼ 32.1% |
| Other operating charges640/8 | €859 | €867 | €905 | €2,298 | €1,045 | ▼ 54.5% |
| Non-recurring operating charges66A | - | - | - | €510 | €0 | ▼ 100% |
| Gross operating margin9900 | €86,203 | €86,282 | €109,288 | €121,605 | €153,576 | ▲ 26.3% |
| Operating profit (loss)9901 | €66,573 | €73,175 | €95,682 | €93,586 | €135,416 | ▲ 44.7% |
| Financial income75/76B | €0 | - | €491 | €1,131 | €393 | ▼ 65.3% |
| Recurring financial income75 | €0 | - | €491 | €1,131 | €393 | ▼ 65.3% |
| Financial charges65/66B | €814 | €731 | €942 | €3,980 | €9,026 | ▲ 127% |
| Recurring financial charges65 | €814 | €731 | €942 | €3,980 | €9,026 | ▲ 127% |
| Profit (loss) for the period before taxes9903 | €65,759 | €72,445 | €95,231 | €90,737 | €126,783 | ▲ 39.7% |
| Income taxes67/77 | €18,431 | €20,337 | €20,129 | €18,996 | €23,114 | ▲ 21.7% |
| Profit (loss) for the period9904 | €47,328 | €52,108 | €75,103 | €71,741 | €103,669 | ▲ 44.5% |
| Profit (loss) for the period to be appropriated9905 | €47,328 | €52,108 | €75,103 | €71,741 | €103,669 | ▲ 44.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,413 | €171,237 | €248,898 | €375,947 | €500,926 | ▲ 33.2% |
| Fixed assets21/28 | €42,882 | €32,497 | €21,279 | €116,480 | €340,991 | ▲ 193% |
| Tangible fixed assets22/27 | €42,882 | €32,497 | €21,279 | €116,480 | €340,991 | ▲ 193% |
| Land and buildings22 | - | - | - | €66,664 | €269,343 | ▲ 304% |
| Plant, machinery and equipment23 | - | - | - | €36,335 | €61,386 | ▲ 68.9% |
| Furniture and vehicles24 | €42,882 | €32,497 | €21,279 | €13,482 | €10,262 | ▼ 23.9% |
| Current assets29/58 | €87,531 | €138,740 | €227,619 | €259,466 | €159,935 | ▼ 38.4% |
| Amounts receivable within one year40/41 | €29,033 | €30,715 | €37,167 | €26,854 | €63,155 | ▲ 135% |
| Trade receivables40 | €28,247 | €30,715 | €37,167 | €25,850 | €33,164 | ▲ 28.3% |
| Other amounts receivable41 | €786 | - | - | €1,004 | €29,990 | ▲ 2,887% |
| Current investments50/53 | - | - | €20,000 | €20,000 | €20,000 | = |
| Cash at bank and in hand54/58 | €57,572 | €107,007 | €169,042 | €212,612 | €76,780 | ▼ 63.9% |
| Deferred charges and accrued income490/1 | €926 | €1,018 | €1,411 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,413 | €171,237 | €248,898 | €375,947 | €500,926 | ▲ 33.2% |
| Equity10/15 | €57,328 | €109,435 | €184,538 | €109,435 | €114,604 | ▲ 4.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €47,328 | €99,435 | €174,538 | €99,435 | €104,604 | ▲ 5.2% |
| Distributable reserves133 | €47,328 | €99,435 | €174,538 | €99,435 | €104,604 | ▲ 5.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €73,086 | €61,801 | €64,360 | €266,511 | €386,322 | ▲ 45.0% |
| Amounts payable after more than one year17 | €28,907 | €17,435 | €5,842 | €72,432 | €241,022 | ▲ 233% |
| Financial debts170/4 | €28,907 | €17,435 | €5,842 | €72,432 | €241,022 | ▲ 233% |
| Amounts payable within one year42/48 | €44,179 | €44,108 | €57,753 | €192,006 | €142,765 | ▼ 25.6% |
| Current portion of amounts payable after more than one year42 | €11,352 | €11,472 | €11,593 | €13,130 | €24,984 | ▲ 90.3% |
| Trade debts44 | €1,952 | - | €551 | €8,402 | €1,489 | ▼ 82.3% |
| Suppliers440/4 | €1,952 | - | €551 | €8,402 | €1,489 | ▼ 82.3% |
| Advances received on contracts in progress46 | €30 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €26,017 | €25,981 | €34,492 | €11,796 | €7,204 | ▼ 38.9% |
| Taxes450/3 | €24,207 | €25,981 | €34,492 | €11,796 | €7,204 | ▼ 38.9% |
| Remuneration and social security454/9 | €1,810 | - | - | - | - | - |
| Other amounts payable47/48 | €4,827 | €6,655 | €11,116 | €158,678 | €109,088 | ▼ 31.3% |
| Accrued charges and deferred income492/3 | - | €258 | €765 | €2,074 | €2,535 | ▲ 22.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,328 | €52,108 | €75,103 | €71,741 | €103,669 | ▲ 44.5% |
| + Depreciation and write-downs630 | €18,355 | €12,240 | €12,701 | €25,211 | €17,115 | ▼ 32.1% |
| Operating cash flow (approximation) | €65,682 | €64,347 | €87,804 | €96,952 | €120,784 | ▲ 24.6% |
| Investment in fixed assets (approximation) | - | -€1,855 | -€1,483 | -€120,413 | -€241,626 | ▼ 101% |
| Change in cash | - | €49,434 | €62,035 | €43,571 | -€135,832 | ▼ 412% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2021net €103,669 ▲44.5%
Operating result €135,416, net result €103,669, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150,000Eq €184,538 ▲68.6%
3 profitable years in a row build equity to €184,538.
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100,000Eq €109,435 ▲90.9%
2 profitable years in a row build equity to €109,435.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kuurne · 1 establishment unit since 2020
Ground area
626 m²
Building footprint
156 m²
Volume, LiDAR
666 m³
Parcel 34023A0301/00A002, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mattelia BV / Westhoek Marketing / Bus'n'IT / Falcon & Falcon / Falcon & Hyde / Data Fabric / Pictoresque / Robomatics / smart x
since 20202.299.659.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0301/00A002 | Flanders | 626 m² | 1 · 156 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2023 · 2 entries · 3,525 EUR awarded · 3,525 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 189 EUR | 189 EUR |
| 2022 | 1 | 3,336 EUR | 3,336 EUR |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,522 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2020
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47793Retail sale of other second-hand goods, excluding clothing
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744547155
Registered
15-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.