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Matthias Steyaert

Active
Private limited companyfounded 2022active for 3 yearsWindgatstraat 43, 9971 Kaprijke, BelgiumKBO/BCE: BE 0794.436.829
Summary

The computed 12-month bankruptcy probability of Matthias Steyaert is 2.0% (moderate). The 2025 annual accounts show equity of €44,667 and a net result of €23,371. Equity is growing by about 64% per year across the filed financial years. Its solvency ranks better than 22% of 34,699 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.

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Matthias SteyaertActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€219,783total assets 2025
Equity
€44,667
Profit
€23,371
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
2025 accounts 16 days early1 deed in the Belgian Official Gazette
Why 54raises riskFounded in 2022Sector: Specialised construction activities (NACE 43)Size: total assets €219,783Liquidity: current ratio 0.64, cash €8,003Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 45+9
equity 20.3% of total assets
Liquidity 38+6
short-term debt 36.8% · cash 3.6%
Profitability 82+16
return on assets 10.6%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 2.8% 12-2024: 2.9%▲ +0.1 percentage points vs 11-2024 01-2025: 3.1%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 2.9%▼ -0.2 percentage points vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.9%● unchanged vs 05-2025 07-2025: 2.8%▼ -0.1 percentage points vs 06-2025 08-2025: 2.8%● unchanged vs 07-2025 09-2025: 2.6%▼ -0.2 percentage points vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.2%▼ -0.4 percentage points vs 01-2026 03-2026: 2.3%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.2%▼ -0.1 percentage points vs 06-2026 08-2026: 1.8%▼ -0.4 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026lowest value 10-2026: 2.0%▲ +0.2 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.64, compared with 0.81 in 2024, below 1; short-term debt: 36.8% and cash: 3.6% of total assets), and 79.7% of the assets are financed with debt and provisions.
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 43, micro): better than 22% on solvency, 26% on liquidity, 63% on profitability and 92% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €219,783
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.64, cash €8,003
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34699 sector peers (2025).
NBB · sector comparison
Position among 34699 sector peers
Solvency
better than 22%
← weakest strongest →
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 15-01-2026, 16 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
16 days early
2024
42 days early
2023
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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 15 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €23,371 ▲526%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Total assets 20253 financial years filed €219,783 View
  • Active since 2022founded 06-12-2022 3 years View

By topic

Financials

Financial year
2025
Total assets
€219,783
Profit
€23,371
Solvency
20.3%
Total assets▲ 17.3%
Net result
20232025
Go to Financials

Timeline

Events
5
Since
2024
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 22-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
06-12-2022
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Matthias Steyaert

What is the company number of Matthias Steyaert?
0794.436.829. In Belgium the VAT number is the company number with BE in front: BE 0794.436.829.
Where is Matthias Steyaert based?
The registered office is at Windgatstraat 43, 9971 Kaprijke.Company details
What does Matthias Steyaert do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Matthias Steyaert?
Private limited company (BV).
When was Matthias Steyaert founded?
On 06-12-2022.
Is Matthias Steyaert still active?
Yes, Matthias Steyaert is an active enterprise in the KBO register.
What is the turnover of Matthias Steyaert?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Matthias Steyaert profitable?
In financial year 2025, Matthias Steyaert made a profit of €23,371.
Where can I find the annual accounts of Matthias Steyaert?
Matthias Steyaert filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Matthias Steyaert due?
By 31-01-2027, for financial year 2026.Timeline

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