MatthisElle Retail

Active

Private limited companyfounded 2015active for 10 yearsLessensestraat 39, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0644.802.352

Summary

MatthisElle Retail has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,923 and a net result of €5,742. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 780 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

MatthisElle RetailActiveChecked score 85/100

Risk analysis Report Compare

Activity

Manufacture of jewellery

NACE 32123

1 site

Size

€64,720total assets 2025

Equity: €19,923
Profit: €5,742

Turnover not published (micro format)

Financial health

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Günther VAN DAELEDirector
Stéphanie GROSJEANDirector

2025 accounts on time1 of 4 deeds summarised

Why 85raises risk1 of the last 3 lateSize: total assets €64,720lowers riskLiquidity: current ratio 1.27, cash €13,820Sector: Other manufacturing (NACE 32)Show the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 64% of its sector peers (NACE 32, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 56+8

equity 30.8% of total assets

Liquidity 59+1

short-term debt 38.7% · cash 21.4%

Profitability 78+16

return on assets 8.9%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,142 companies, NACE 32, micro)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.2 percentage points vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▼ -0.2 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.2%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 1.0%▼ -0.2 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.27, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 38.7% and cash: 21.4% of total assets), and 69.2% 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 32, micro): better than 40% on solvency, 58% on liquidity, 61% on profitability and 98% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

lowers riskraises riskneutral

1 of the last 3 late

NBB · filings

Liquidity: current ratio 1.27, cash €13,820

NBB · annual accounts

Sector: Other manufacturing (NACE 32)

KBO

Size: total assets €64,720

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €19,923

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

49 days late

2023

7 days early

2022

17 days late

2021

16 days late

2020

20 days late

2019

83 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 32) for financial year 2024 is 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 16 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Highest result from 2018 to 2025net €5,742 ▲176%
18-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Board2 directors in office 2 View
Total assets 20256 financial years filed €64,720 View
Active since 2015founded 23-12-2015 10 years View

By topic

Financials

Financial year: 2025
Total assets: €64,720
Profit: €5,742
Solvency: 30.8%

Total assets▲ 210%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members

Günther VAN DAELEDirector
Stéphanie GROSJEANDirector

Go to Board & ownership

Timeline

Events: 15
Since: 2017
Next accounts: by 31-07-2027

24-07-2024Annual accounts filed
16-07-2024Resignations: Stéphanie GROSJEAN (director) and Günther VAN…
31-12-2023Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of jewelleryNACE 32123
Founded: 23-12-2015
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 12

Who signs: Each director alone
Annual meeting: Third Friday of June at 19:00
Purpose: “De aan en verkoop (detail- en groothandel,met inbegrip van verkoop via internet) van…” (deed in Dutch)

Go to Articles of association

Key facts about MatthisElle Retail

What is the company number of MatthisElle Retail?: 0644.802.352. In Belgium the VAT number is the company number with BE in front: BE 0644.802.352.
Where is MatthisElle Retail based?: The registered office is at Lessensestraat 39, 9500 Geraardsbergen.Company details
What does MatthisElle Retail do?: According to the KBO register, the main activity is manufacture of jewellery (NACE 32123).
What is the legal form of MatthisElle Retail?: Private limited company (BV).
When was MatthisElle Retail founded?: On 23-12-2015.
Is MatthisElle Retail still active?: Yes, MatthisElle Retail is an active enterprise in the KBO register.
What is the turnover of MatthisElle Retail?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MatthisElle Retail profitable?: In financial year 2025, MatthisElle Retail made a profit of €5,742.
Where can I find the annual accounts of MatthisElle Retail?: MatthisElle Retail filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MatthisElle Retail due?: By 31-07-2027, for financial year 2026.Timeline