Matthijs Steven
ActiveMatthijs Steven has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397k and a net result of €64k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+4
Solvency100▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 0.55 in 2024; short-term debt: 7.1% and cash: 14.6% of total assets), and 14.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.7%
Return on assets
13.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
29 d late
2024
21 d early
2023
27 d early
2022
28 d early
2021
45 d early
2020
16 d late
2019
48 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€397k▲ 19.1%
2024 · €333k
2018: €123k
2019: €167k
2020: €236k
2021: €297k
2022: €319k
2023: €387k
2024: €333k
2018 → 2025
Total assets
€463k▼ 11.2%
2024 · €521k
2018: €153k
2019: €196k
2020: €250k
2021: €338k
2022: €354k
2023: €421k
2024: €521k
2018 → 2025
Net result
€64k▲ 17.1%
2024 · €54k
2018: €64k
2019: €44k
2020: €69k
2021: €62k
2022: €71k
2023: €68k
2024: €54k
2018 → 2025
Working capital
€36k
2024 · €-63k
2018: €44k
2019: €4k
2020: €5k
2021: €-26k
2022: €-20k
2023: €14k
2024: €-63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€297k-€319k▲ 7.2%€387k▲ 21.4%€333k▼ 13.9%€397k▲ 19.1%
Operating result€85k-€99k▲ 15.6%€95k▼ 3.4%€78k▼ 17.7%€90k▲ 15.4%
Net result€62k-€71k▲ 15.0%€68k▼ 3.4%€54k▼ 20.6%€64k▲ 17.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €463k
Fixed assets
€395k▼ 11.0%
Current assets
€69k▼ 12.0%
Equity and liabilities €463k
Equity
€397k▲ 19.1%
Debt
€66k▼ 64.8%
The debt ratio falls from 36.1% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€139k▲
2024 · €124k
Cash flow
€112k▲
2024 · €99k
Solvency
85.7%▲
2024 · 63.9%
Current ratio
2.08▲
2024 · 0.55
Quick ratio
2.08▲
2024 · 0.55
Debt / equity
0.17▼
2024 · 0.56
ROE
16.0%▼
2024 · 16.3%
ROA
13.7%▲
2024 · 10.4%
Interest coverage
58.87▲
2024 · 51.28
Debt
€66k▼
2024 · €188k
Debt ≤ 1 year
€33k▼
2024 · €141k
Debt > 1 year
€33k▼
2024 · €47k
Income taxes
€25k▲
2024 · €22k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€521k€463k▼
Fixed assets21/28€443k€395k▼
Tangible fixed assets22/27€443k€394k▼
Land and buildings22€346k€322k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€92k€68k▼
Financial fixed assets28€100€100=
Current assets29/58€78k€69k▼
Amounts receivable within one year40/41€2k€757▼
Trade receivables40-€757
Other amounts receivable41€2k-
Cash at bank and in hand54/58€73k€68k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€521k€463k▼
Equity10/15€333k€397k▲
Contributions10/11€12k€12k=
Reserves13€326k€385k▲
Distributable reserves133€326k€385k▲
Profit (loss) carried forward14€-5k-
Amounts payable17/49€188k€66k▼
Amounts payable after more than one year17€47k€33k▼
Financial debts170/4€47k€33k▼
Amounts payable within one year42/48€141k€33k▼
Current portion of amounts payable after more than one year42-€14k
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€17k€17k▼
Taxes450/3€15k€14k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€108k€513▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€49k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€125k€141k▲
Operating profit (loss)9901€78k€90k▲
Financial income75/76B-€82
Recurring financial income75-€82
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€76k€88k▲
Income taxes67/77€22k€25k▲
Profit (loss) for the period9904€54k€64k▲
Profit (loss) for the period to be appropriated9905€54k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€59k▲
Profit (loss) brought forward from the previous period14P€-5k€-5k=
Transfer from equity791/2€108k-
Transfer to equity691/2€54k€59k▲
To other reserves6921€54k€59k▲
Profit to be distributed694/7€108k-
Return on contributions (dividend)694€108k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 2.08
Current ratio from 0.55 to 2.08; short-term debt falls from €141k to €33k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.41
Current ratio from 0.44 to 1.41; short-term debt falls from €35k to €33k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €71k ▲15%
Operating result €99k, net result €71k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Equity above €200kEq €236k ▲41.4%
3 profitable years in a row build equity to €236k.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Weakest financial yearnet €44k ▼30.7%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €167k ▲36.2%
2 profitable years in a row build equity to €167k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Lievegem · 1 establishment unit since 2015
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.
Uitgem 19930 LievegemGround area
4,304 m²
Building footprint
249 m²
Parcel 44080E0214/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Matthijs Steven
since 20152.243.013.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080E0214/00B000 | Flanders | 4,304 m² | 1 · 249 m² | 0.0 m |
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
2022 to 2025 · 3 entries · 382 EUR awarded · 421 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 300 EUR | 300 EUR |
| 2023 | 1 | 39 EUR | 78 EUR |
| 2022 | 1 | 43 EUR | 43 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,759 companies in sector 71122 we hold annual accounts for 770. 564 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2015
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
41001General construction of residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
71111Activities of building architects
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.