MATTH ENGINEERING
ActiveSummary
MATTH ENGINEERING has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236,351 and a net result of €74,615. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 94% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €236,351
- Profit
- €74,615
Why 98lowers riskLiquidity: current ratio 18.31, cash €109,582Equity €236,351 (94.6% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €249,949Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 70, micro): better than 86% on solvency, 97% on liquidity, 84% on profitability and 79% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €200,000equity €236,351 ▲46.1%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €923 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,586 | €11,239 | €11,239 | €11,239 | €11,239 | €302 | €1,016 | €618 | ▼ 39.1% |
| Other operating charges640/8 | - | - | - | €3,413 | €2,035 | €36,383 | €2,098 | €592 | ▼ 71.8% |
| Gross operating margin9900 | €33,054 | €18,392 | €18,957 | €31,072 | €23,970 | €72,863 | €103,143 | €112,286 | ▲ 8.9% |
| Operating profit (loss)9901 | €23,217 | €6,511 | €5,734 | €16,420 | €10,696 | €36,177 | €100,029 | €111,075 | ▲ 11.0% |
| Financial income75/76B | - | - | - | - | €20 | €0 | - | - | - |
| Recurring financial income75 | - | - | - | - | €20 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €6,128 | €6,117 | €5,451 | €1,337 | €177 | ▼ 86.8% |
| Recurring financial charges65 | €6,163 | €6,769 | €6,196 | €6,128 | €6,117 | €5,451 | €1,337 | €177 | ▼ 86.8% |
| Profit (loss) for the period before taxes9903 | €17,053 | -€258 | -€463 | €10,292 | €4,599 | €30,726 | €98,692 | €110,898 | ▲ 12.4% |
| Income taxes67/77 | €1,474 | €0 | - | €3,060 | €1,573 | €9,986 | €9,419 | €36,283 | ▲ 285% |
| Profit (loss) for the period9904 | €15,579 | -€258 | -€463 | €7,232 | €3,025 | €20,740 | €89,273 | €74,615 | ▼ 16.4% |
| Profit (loss) for the period to be appropriated9905 | €15,541 | -€295 | -€463 | €7,232 | €3,025 | €20,740 | €89,273 | €74,615 | ▼ 16.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €375,286 | €376,293 | €358,430 | €345,640 | €323,536 | €250,400 | €164,671 | €249,949 | ▲ 51.8% |
| Fixed assets21/28 | €347,750 | €339,842 | €328,603 | €317,364 | €306,126 | €66,244 | €1,523 | €905 | ▼ 40.6% |
| Tangible fixed assets22/27 | €281,506 | €273,598 | €262,359 | €251,120 | €239,881 | €0 | €1,523 | €905 | ▼ 40.6% |
| Land and buildings22 | - | - | - | €250,255 | €239,579 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €865 | €302 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,523 | €905 | ▼ 40.6% |
| Financial fixed assets28 | €66,244 | €66,244 | €66,244 | €66,244 | €66,244 | €66,244 | €0 | - | - |
| Current assets29/58 | €27,536 | €36,451 | €29,826 | €28,275 | €17,410 | €184,156 | €163,148 | €249,045 | ▲ 52.6% |
| Amounts receivable within one year40/41 | €21,993 | €35,932 | €27,275 | €24,802 | €13,941 | €77,704 | €121,829 | €137,166 | ▲ 12.6% |
| Trade receivables40 | - | - | - | - | €39 | €0 | €10,802 | €23,389 | ▲ 117% |
| Other amounts receivable41 | - | - | - | €24,802 | €13,902 | €77,704 | €111,027 | €113,777 | ▲ 2.5% |
| Cash at bank and in hand54/58 | €5,531 | €511 | €763 | €1,618 | €1,544 | €104,817 | €38,427 | €109,582 | ▲ 185% |
| Deferred charges and accrued income490/1 | - | - | - | €1,855 | €1,926 | €1,635 | €2,891 | €2,296 | ▼ 20.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €375,286 | €376,293 | €358,430 | €345,640 | €323,536 | €250,400 | €164,671 | €249,949 | ▲ 51.8% |
| Equity10/15 | €93,417 | €93,159 | €92,697 | €94,202 | €75,221 | €87,204 | €161,736 | €236,351 | ▲ 46.1% |
| Contributions10/11 | €2,500 | - | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €90,917 | €74,609 | €74,147 | €75,652 | €56,671 | €68,654 | €143,186 | €217,801 | ▲ 52.1% |
| Tax-exempt reserves132 | - | - | - | €316 | €316 | €316 | €316 | €316 | = |
| Distributable reserves133 | - | - | - | €75,336 | €56,355 | €68,338 | €142,870 | €217,485 | ▲ 52.2% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | - | €0 | - |
| Amounts payable17/49 | €281,869 | €283,134 | €265,733 | €251,438 | €248,315 | €163,196 | €2,935 | €13,599 | ▲ 363% |
| Amounts payable after more than one year17 | €179,732 | €159,506 | €138,923 | €117,985 | €106,238 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €117,985 | €106,238 | €0 | - | - | - |
| Amounts payable within one year42/48 | €102,137 | €123,607 | €126,373 | €132,956 | €141,904 | €163,054 | €2,604 | €13,599 | ▲ 422% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,938 | €11,747 | €0 | - | - | - |
| Financial debts43 | - | - | - | €110,873 | €126,420 | €143,700 | €0 | - | - |
| Credit institutions430/8 | - | - | - | €110,873 | €126,420 | €143,700 | €0 | - | - |
| Trade debts44 | €940 | €1,132 | €337 | €85 | €102 | €2,022 | €459 | €1,836 | ▲ 300% |
| Suppliers440/4 | - | - | - | €85 | €102 | €2,022 | €459 | €1,836 | ▲ 300% |
| Taxes, remuneration and social security45 | - | - | - | €1,060 | €1,573 | €1,573 | €2,145 | €11,762 | ▲ 448% |
| Taxes450/3 | - | - | - | €1,060 | €1,573 | €1,573 | €2,145 | €11,762 | ▲ 448% |
| Other amounts payable47/48 | - | - | - | - | €2,062 | €15,758 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €497 | €172 | €142 | €331 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,579 | -€258 | -€463 | €7,232 | €3,025 | €20,740 | €89,273 | €74,615 | ▼ 16.4% |
| + Depreciation and write-downs630 | €8,586 | €11,239 | €11,239 | €11,239 | €11,239 | €302 | €1,016 | €618 | ▼ 39.1% |
| Operating cash flow (approximation) | €24,165 | €10,981 | €10,776 | €18,471 | €14,264 | €21,042 | €90,289 | €75,233 | ▼ 16.7% |
| Investment in fixed assets (approximation) | - | -€3,331 | €0 | €0 | €0 | €239,579 | €63,705 | €0 | ▼ 100.0% |
| Change in cash | - | -€5,019 | €251 | €856 | -€74 | €103,272 | -€66,390 | €71,155 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00299693 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00335906 |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00247273 |
| 31-12-2022 | abbreviated format | 07-07-2023 | 2023-00212649 |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20097893 |
| 31-12-2020 | abbreviated format | 18-08-2021 | 2021-49800046 |
| 31-12-2019 | abbreviated format | 28-07-2020 | 2020-35500466 |
| 31-12-2018 | abbreviated format | 23-07-2019 | 2019-37000001 |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-55700574 |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34300045 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €1,170 awarded · €1,170 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Kathia Permentier |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
Merged into this company on 03-10-2024.
-
100%
According to the 2023 annual accounts of MATTH ENGINEERING and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 3 of 6 Gazette acts processed.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
03-10
Gazette deed
Amendment of the articles · Legal-form change · Name · RestructuringMerger · Share cancellation · Name change8 facts ▸
- General meeting, 02-09-2024
- Merger, “met fusie door overneming gelijkgestelde verrichting, ten laste van de overnemende vennootschap” (deed in Dutch)
- Share cancellation, “eigenaar van alle aandelen van de overgenomen vennootschap” (deed in Dutch)
- Name change, MATTH ENGINEERING
- Amendment of the articles, 1
- Power of attorney (2 times)
- Declaration, “geen onroerend goed of onroerend zakelijk recht, De overgenomen vennootschap heeft verklaard geen eigenaar te zijn van onroerende goederen noch titularis van en…” (deed in Dutch)
- Other provision, “bestuurder”, director resignation (deed in Dutch)
10-06
Gazette deed
Restructuring · MiscellaneousMerger · Shareholding · Accounting effect9 facts ▸
- Merger, “fusie door overneming, gehele vermogen zowel rechten als verplichtingen als gevolg van ontbinding zonder vereffening” (deed in Dutch)
- Other provision, “neerlegging en termijn buitengewone algemene vergadering, Buitengewone Algemene Vergadering van Aandeelhouders slechts ten vroegste zes weken na neerlegging” (deed in Dutch)
- Shareholding
- Other provision, “statutenwijziging” (deed in Dutch) (2 times)
- Other provision, “Rechtbank van Koophandel te Gent, inschrijving” (deed in Dutch)
- Accounting effect, 01-01-2024
- Other provision, “bijzondere rechten en andere effecten” (deed in Dutch)
- Other provision, “bijzondere voordelen bestuursorganen” (deed in Dutch)
- Other provision, 22-05-2024
10-06
Gazette deed
Resignation: Kathia Permentier (director)Director discharge · Registered-office move5 facts ▸
- General meeting, 16-05-2024
- Director resignation, Kathia Permentier (director (not named in the articles))
- Director discharge, Kathia Permentier
- Board meeting, 22-05-2024
- Registered-office move, Veerstraat 64 bus 6,9290 Berlare
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42022A0427/00A000 | Flanders | 1,233 m² | 1 · 364 m² | 13.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van bijstand, advies en leiding aan bedrijven, privé-personen en instellingen voornamelijk doch niet uitsluitend op het viak…” (deed in Dutch)
6 activities (deed in Dutch)
- Het verlenen van bijstand, advies en leiding aan bedrijven, privé-personen en instellingen voornamelijk doch niet uitsluitend op het viak van management, marketing, productie en ontwikkeling, processing en besturen van vennootschappen, dit alles in de meest ruime betekenis
- Het verstrekken van alle adviezen en diensten betreffende de organisatie en reorganisatie van ondernemingen, inzonderheid het bijstaan van bestuursorganen van vennootschappen, het waarnemen van bestuurdersmandaten en het uitoefenen van het dagelijks bestuur
- Het verwerven en beheren van participaties in vennootschappen
- Verhuur van eigen onroerend goed: huizen, appartementen, garageboxen, staanplaatsen voor auto's, terreinen, .... kantoorgebouwen, handelspanden
- De aankoop en verkoop van gebouwen en terreinen, gebruiksrechten en andere zakelijke rechten op gebouwen en terreinen
- De uitoefening van een orthomoleculaire therapiepraktijk, dit als therapeut en als coach
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited