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MATTHIJS EN CO

Active
Public limited companyfounded 1990active for 36 yearsAppelterre-Dorp(App) 20, 9400 Ninove, BelgiumKBO/BCE: BE 0440.780.470

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MATTHIJS EN CO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €128,530. Equity has been stable since 2018 (±1% per year). Its solvency ranks better than 53% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 05-05-1990 Normal situation
Legal form
Public limited company
Registered office
Appelterre-Dorp(App) 20, 9400 Ninove
Activity
Painting of buildings NACE 43341and 2 others
Establishment units
2.048.828.159 9400 Ninove, since 09-07-1990
2.207.161.853 9506 Geraardsbergen, since 01-02-2012
Financial year end
31 December
Peppol
Reachable since 15-05-2024

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€440,739
▼ 41.9%
Turnover
≈ €1.3m
estimated
Profit
€128,530
▼ 63.1%
Equity
€1.2m
▼ 5.0%
Total assets
€2.6m
▲ 2.3%
Staff
2 FTE
▲ 5.3%
2025 accounts filed 97 days before the deadline
Filed on 25-04-2026PDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1990Size: 2 FTE, total assets €2.6mFigures for financial year 2025 (filed on 25-04-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 71-4
equity 46.4% of total assets
Liquidity 45+6
short-term debt 24.4% · cash 2.8%
Profitability 75-11
return on assets 5.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.25 (2.93 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 2.8% of total assets. However, 53.6% 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 50% of them on solvency, 35% on liquidity, 49% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 2 FTE, total assets €2.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-04-2026)
NBB · annual accounts
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 25-04-2026, 97 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
97 days early
2024
29 days early
2023
22 days late
2022
34 days early
2021
31 days late
2020
39 days late
2019
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €347,993 to €128,530 ▼ 63.1% View
  • Positive: More equity than 89% of companies in specialised constructionsector median €251,308 · 9,885 companies €1.2m View
  • Positive: 8 profitable years in a rowprofit 2025: €128,530 8 years View

Documents

Annual accounts at the NBB

All 36 annual accounts

Articles and registers

Key facts about MATTHIJS EN CO

What is the company number of MATTHIJS EN CO?
The company number of MATTHIJS EN CO is 0440.780.470. The VAT number is the same number with BE in front: BE 0440.780.470.
Where is MATTHIJS EN CO based?
The registered office is at Appelterre-Dorp(App) 20, 9400 Ninove.Company details
What does MATTHIJS EN CO do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of MATTHIJS EN CO?
The legal form of MATTHIJS EN CO is Public limited company (NV).
When was MATTHIJS EN CO founded?
MATTHIJS EN CO was founded on 05-05-1990.
Is MATTHIJS EN CO still active?
Yes, MATTHIJS EN CO is an active enterprise in the KBO register.
How many employees does MATTHIJS EN CO have?
MATTHIJS EN CO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MATTHIJS EN CO?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €440,739 and 40 comparable companies (NACE 433). It probably lies between €960,000 and €1.6m.
Is MATTHIJS EN CO profitable?
In financial year 2025, MATTHIJS EN CO made a profit of €128,530.
Where can I find the annual accounts of MATTHIJS EN CO?
MATTHIJS EN CO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MATTHIJS EN CO due?
MATTHIJS EN CO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as MATTHIJS EN CO: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €1.6m and €3.7m, founded between 1978 and 2001.

CompanyTotal assetsGross margin
MATTHIJS EN CO Ninove€2.6m€0.4m
SCHILDERWERKEN DECRUY GUSTAVE Izegem€2.4m€0.6m
PETER VERSTUYF/HI-TECH-PROTECTION Aalter€1.8m€0.5m
PARA Gent€3.7m€0.3m
DECORATIE FILIP VERMEULEN Evergem€1.6m€0.6m
BADEL Bastogne€2.0m€0.6m
TECHNI QUARTZ Temse€1.7m€0.3m
Full comparison

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