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MATTHYSEN

Active
Private limited companyfounded 2013active for 13 yearsTheo Coertjenslaan 15, 2960 Brecht, BelgiumKBO/BCE: BE 0536.700.208
Summary

MATTHYSEN has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €480,869. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 37% of 2,433 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
MATTHYSENActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Insulation installation
NACE 43230Site preparation NACE 43120
5th fastest staff growth in Brecht, Construction sector1 site
Size
€10.6mturnover 2025
Staff
31.2 FTE
Equity
€1.9m
Profit
€480,869
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 8 days early1 of 7 deeds summarised
Why 90raises riskSector: Specialised construction activities (NACE 43)lowers riskSize: turnover €10.6m, 31.2 FTE, total assets €5.8mFounded in 2013Profit of €480,869 (financial year 2025)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 59+2
equity 33.6% of total assets
Liquidity 37+8
short-term debt 48.2% · cash 8.8%
Profitability 75-2
return on assets 8.3%
Bankruptcy probability, 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 0.3% (2,646 companies, NACE 43, small)
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: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.8 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.2 percentage points 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 €170,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.48, compared with 1.38 in 2024, below the usual 1.5; short-term debt: 48.2% and cash: 8.8% of total assets), and 66.4% 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, small): better than 43% on solvency, 35% on liquidity, 56% on profitability and 77% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €10.6m, 31.2 FTE, total assets €5.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €480,869 (financial year 2025)
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
29 days late
2023
16 days early
2022
20 days early
2021
11 days late
2020
20 days late
2019
27 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 6 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2025net €539,029 ▲12.9%

Key points

  • Positive: 5th fastest staff growth in Brecht, Construction sectorin the Checked rankings No. 5 View
  • Positive: 8 profitable years in a rowprofit 2025: €480,869 8 years View
  • Positive: Staff rose in 2025from 21.4 FTE to 31.2 FTE ▲ 45.8% View

By topic

Financials

Financial year
2025
Turnover
€10.6m
Profit
€480,869
Solvency
33.6%
Turnover▲ 15.5%
Net result
20242025
Go to Financials

Timeline

Events
17
Since
2015
Next accounts
by 31-07-2027
  1. 15-07-2024Annual accounts filed
  2. 02-01-2024Capital & shares
  3. 31-12-2023Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Insulation installationNACE 43230
Founded
10-07-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MATTHYSEN

What is the company number of MATTHYSEN?
0536.700.208. In Belgium the VAT number is the company number with BE in front: BE 0536.700.208.
Where is MATTHYSEN based?
The registered office is at Theo Coertjenslaan 15, 2960 Brecht.Company details
What does MATTHYSEN do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of MATTHYSEN?
Private limited company (BV).
When was MATTHYSEN founded?
On 10-07-2013.
Is MATTHYSEN still active?
Yes, MATTHYSEN is an active enterprise in the KBO register.
How many employees does MATTHYSEN have?
On average 31.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MATTHYSEN?
€10.6m in financial year 2025, according to the filed annual accounts.
Is MATTHYSEN profitable?
In financial year 2025, MATTHYSEN made a profit of €480,869.
Where can I find the annual accounts of MATTHYSEN?
MATTHYSEN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MATTHYSEN due?
By 31-07-2027, for financial year 2026.Timeline

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