MATTELIN
ActiveMATTELIN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €81k. Equity is growing by ~49.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+53
Solvency61▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 0.98 in 2024; short-term debt: 63.4% and cash: 16% of total assets), and 64.1% 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
35.9%
Return on assets
30.3%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
8 d early
2023
7 d early
2022
6 d early
2021
29 d late
2020
4 d late
2019
61 d late
← 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, micro schema
Equity
€97k▲ 535%
2024 · €15k
2018: €-122k
2019: €-64k
2020: €-54k
2021: €-41k
2022: €-7k
2023: €2k
2024: €15k
2018 → 2025
Total assets
€269k▲ 12.3%
2024 · €240k
2018: €210k
2019: €264k
2020: €233k
2021: €249k
2022: €274k
2023: €230k
2024: €240k
2018 → 2025
Net result
€81k▲ 536%
2024 · €13k
2018: €-26k
2019: €58k
2020: €10k
2021: €13k
2022: €34k
2023: €9k
2024: €13k
2018 → 2025
Working capital
€77k
2024 · €-5k
2018: €-180k
2019: €-101k
2020: €-74k
2021: €-45k
2022: €-28k
2023: €-17k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€-7k▲ 83.5%€2k€15k▲ 532%€97k▲ 535%
Operating result€21k-€42k▲ 100.0%€22k▼ 47.2%€23k▲ 2.8%€89k▲ 288%
Net result€13k-€34k▲ 160%€9k▼ 73.2%€13k▲ 40.9%€81k▲ 536%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 288% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets
€21k▼ 2.2%
Current assets
€248k▲ 13.7%
Equity and liabilities €269k
Equity
€97k▲ 535%
Debt
€172k▼ 23.2%
The debt ratio falls from 93.6% to 64.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▲
2024 · €27k
Cash flow
€87k▲
2024 · €17k
Solvency
35.9%▲
2024 · 6.4%
Current ratio
1.45▲
2024 · 0.98
Quick ratio
1.01▲
2024 · 0.64
Debt / equity
1.78▼
2024 · 14.74
ROE
84.3%▲
2024 · 84.2%
ROA
30.3%▲
2024 · 5.3%
Interest coverage
11.67▲
2024 · 2.64
Debt
€172k▼
2024 · €225k
Debt ≤ 1 year
€171k▼
2024 · €223k
Staff costs
€28k▲
2024 · €24k
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€240k€269k▲
Fixed assets21/28€22k€21k▼
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€19k€19k▼
Land and buildings22€13k€11k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€1k€1k=
Current assets29/58€218k€248k▲
Stocks and contracts in progress3€75k€76k▲
Stocks30/36€75k€76k▲
Amounts receivable within one year40/41€131k€126k▼
Trade receivables40€130k€125k▼
Other amounts receivable41€996€1k▲
Cash at bank and in hand54/58€8k€43k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€240k€269k▲
Equity10/15€15k€97k▲
Contributions10/11€25k€25k=
Reserves13€50k€72k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€48k€48k=
Distributable reserves133-€22k
Profit (loss) carried forward14€-60k€0▲
Amounts payable17/49€225k€172k▼
Amounts payable within one year42/48€223k€171k▼
Financial debts43€100k€100k=
Credit institutions430/8€0€14▲
Other loans439€100k€100k=
Trade debts44€85k€38k▼
Suppliers440/4€85k€38k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€4k€1k▼
Other amounts payable47/48€31k€30k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€27k€10k▼
Gross operating margin9900€78k€132k▲
Operating profit (loss)9901€23k€89k▲
Financial income75/76B€196€517▲
Recurring financial income75€196€517▲
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€13k€81k▲
Profit (loss) for the period9904€13k€81k▲
Profit (loss) for the period to be appropriated9905€13k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€22k▲
Profit (loss) brought forward from the previous period14P€-73k€-60k▲
Transfer to equity691/2-€22k
To other reserves6921-€22k
The notes to these accounts (11 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €81k ▲536%
Operating result €89k, net result €81k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Diksmuide · 1 establishment unit since 2003
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.
Lekedorpstraat(L) 1358600 DiksmuideGround area
5,100 m²
Building footprint
1,891 m²
Volume, LiDAR
15,940 m³
Parcel 32013A0045/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lekedorpstraat(L) 135, 8600 Diksmuide
since 20032.113.777.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32013A0045/00M000 | Flanders | 5,100 m² | 1 · 1,891 m² | 11.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 821 EUR awarded · 821 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 129 EUR | 129 EUR |
| 2024 | 1 | 125 EUR | 125 EUR |
| 2023 | 1 | 522 EUR | 522 EUR |
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1998
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
95316Washing and cleaning of motor vehicles
43120Site preparation
45112
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
50200
60243
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.