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Matthias Cherlet

Active
Private limited companyfounded 2022active for 4 yearsPolderlaan 7, 8370 Blankenberge, BelgiumKBO/BCE: BE 0787.860.328
Summary

The computed 12-month bankruptcy probability of Matthias Cherlet is 5.3% (elevated). The 2025 annual accounts show equity of €53,801 and a net result of €20,276. Equity has been growing by about 38% per year since 2023. Its solvency ranks better than 38% of 9,898 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-06-2022 Normal situation
Activity
General electrical installation work NACE 43211and 5 others
Establishment unit
2.332.807.636 8370 Blankenberge, since 30-06-2022
Financial year end
30 June
Peppol
Reachable since 20-10-2025

Board and ownership

Board

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.3%
Annual accounts to 30-06-2025
Gross margin
€39,372
▲ 96.2%
Turnover
≈ €180,000
estimated
Profit
€20,276
▲ 276%
Equity
€53,801
▲ 60.5%
Total assets
€154,145
▲ 12.6%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2022Last filed accounts filed 1 day late; 2 of the last 3 accounts lateSize: total assets €154,145Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 60+11
equity 34.9% of total assets
Liquidity 24+1
short-term debt 58.2% · cash 3.5%
Profitability 85+11
return on assets 13.2%
Bankruptcy probability within 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.3% 01-2025: 7.3%▲ +4.0 percentage points vs 12-2024highest value 02-2025: 5.6%▼ -1.7 percentage points vs 01-2025 03-2025: 6.1%▲ +0.5 percentage points vs 02-2025 04-2025: 4.1%▼ -2.0 percentage points vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.1%● unchanged vs 06-2025 08-2025: 4.1%● unchanged vs 07-2025 09-2025: 4.0%▼ -0.1 percentage points vs 08-2025 10-2025: 4.2%▲ +0.2 percentage points vs 09-2025 11-2025: 3.9%▼ -0.3 percentage points vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 4.6%▲ +0.7 percentage points vs 01-2026 03-2026: 2.8%▼ -1.8 percentage points vs 02-2026 04-2026: 2.7%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 2.7%● unchanged vs 04-2026lowest value 06-2026: 3.7%▲ +1.0 percentage point vs 05-2026 07-2026: 3.6%▼ -0.1 percentage points vs 06-2026 08-2026: 3.6%● unchanged vs 07-2026 09-2026: 3.6%● unchanged vs 08-2026 10-2026: 5.3%▲ +1.7 percentage points vs 09-2026 11-2026: 5.3%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.54 (1.21 in 2024), above the usual 1.5. Short-term debt is 58.2% and cash 3.5% of total assets. However, 65.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 37% of them on solvency, 14% on liquidity, 69% on profitability and 86% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 1 day late; 2 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €154,145
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
46 days late
2023
349 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 132 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 18 March (3 of the last 3 accounts filed within 303 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved within BlankenbergeNew seat: Polderlaan 7 te 8370 Blankenberge · Previous seat: Weststraat 109 te 8370 Blankenberge
  2. · Gazette deed IncorporationStarting capital €10,000 · Appointment: CHERLET Matthias Urbain Ronny (director)
All 7 events

Comparable companies

These companies have the same main activity as Matthias Cherlet: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €134,000 and €188,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Matthias Cherlet Blankenberge€154,145€39,372
ROTTEY OLIVIER Roeselare€175,558€40,615
VERMEERSCH AUTOMATISATIE Damme€139,518€34,028
Baltec Kortrijk€147,326€39,341
DL-Technics BV Kortrijk€188,204€38,169
Electro VDW Izegem€134,335€32,576
Lonova Waregem€159,759€30,970
Full comparison

Key facts about Matthias Cherlet

What is the company number of Matthias Cherlet?
The company number of Matthias Cherlet is 0787.860.328. The VAT number is the same number with BE in front: BE 0787.860.328.
Where is Matthias Cherlet based?
The registered office is at Polderlaan 7, 8370 Blankenberge.Company details
What does Matthias Cherlet do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Matthias Cherlet?
The legal form of Matthias Cherlet is Private limited company (BV).
When was Matthias Cherlet founded?
Matthias Cherlet was founded on 30-06-2022.
Is Matthias Cherlet still active?
Yes, Matthias Cherlet is an active enterprise in the KBO register.
What is the turnover of Matthias Cherlet?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €39,372 and 62 comparable companies (NACE 43211). It probably lies between €120,000 and €260,000.Financials
Is Matthias Cherlet profitable?
In financial year 2025, Matthias Cherlet made a profit of €20,276.
Where can I find the annual accounts of Matthias Cherlet?
Matthias Cherlet filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Matthias Cherlet due?
Matthias Cherlet must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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