Matthijs en Co Construct
ActiveMatthijs en Co Construct has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €12k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-5
Solvency47▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.31 in 2023; short-term debt: 37.4% and cash: 38.5% of total assets), but 77.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.3%
Return on assets
3.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11613 sector peers (2024).
NBB · sector comparisonPosition among 11613 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
33 d early
2022
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▲ 20.7%
2023 · €58k
2022: €47k
2023: €58k
2022 → 2024
Total assets
€316k▲ 30.6%
2023 · €242k
2022: €199k
2023: €242k
2022 → 2024
Net result
€12k▲ 6.8%
2023 · €11k
2022: €44k
2023: €11k
2022 → 2024
Working capital
€190k▲ 240%
2023 · €56k
2022: €45k
2023: €56k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€47k-€58k▲ 24.1%€70k▲ 20.7%
Operating result€61k-€19k▼ 69.7%€20k▲ 7.6%
Net result€44k-€11k▼ 74.3%€12k▲ 6.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €316k
Fixed assets
€7k▼ 8.4%
Current assets
€308k▲ 31.9%
Equity and liabilities €316k
Equity
€70k▲ 20.7%
Debt
€245k▲ 33.7%
The debt ratio rises from 75.9% to 77.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €21k
Cash flow
€14k▲
2023 · €13k
Solvency
22.3%▼
2023 · 24.1%
Current ratio
2.61▲
2023 · 1.31
Quick ratio
2.59▲
2023 · 1.30
Debt / equity
3.49▲
2023 · 3.15
ROE
17.2%▼
2023 · 19.4%
ROA
3.8%▼
2023 · 4.7%
Interest coverage
5.57▼
2023 · 6.54
Debt
€245k▲
2023 · €183k
Debt ≤ 1 year
€118k▼
2023 · €178k
Debt > 1 year
€30k
Income taxes
€4k▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€242k€316k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€7k€7k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€608€608=
Current assets29/58€234k€308k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€192k€175k▼
Trade receivables40€179k€149k▼
Other amounts receivable41€13k€26k▲
Current investments50/53-€660
Cash at bank and in hand54/58€31k€122k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€242k€316k▲
Equity10/15€58k€70k▲
Contributions10/11€3k€3k=
Reserves13€55k€67k▲
Distributable reserves133€55k€67k▲
Amounts payable17/49€183k€245k▲
Amounts payable after more than one year17-€30k
Financial debts170/4-€30k
Amounts payable within one year42/48€178k€118k▼
Current portion of amounts payable after more than one year42€30k€0▼
Trade debts44€84k€46k▼
Suppliers440/4€84k€46k▼
Taxes, remuneration and social security45€63k€72k▲
Taxes450/3€63k€72k▲
Accrued charges and deferred income492/3€6k€97k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€22k€24k▲
Operating profit (loss)9901€19k€20k▲
Financial income75/76B€51€26▼
Recurring financial income75€51€26▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€15k€16k▲
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Transfer to equity691/2€11k€12k▲
To other reserves6921€11k€12k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €11k ▼74.3%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herzele · 1 establishment unit since 2021
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.
Krommestraat 159550 HerzeleGround area
646 m²
Building footprint
71 m²
Volume, LiDAR
405 m³
Parcel 41067A1272/00V000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Matthijs en Co Construct
since 20212.325.330.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41067A1272/00V000 | Flanders | 646 m² | 1 · 71 m² | 9.6 m · 2 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
2024 · 1 entry · 234 EUR awarded · 234 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 234 EUR | 234 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 5,458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.