Equity
€5,935 ▲ 25.3%
Matti Construct paid out €833 in dividends. That is 41% of the 2025 profit.
Matti Construct
Lifetime
19 annual accounts with figures on one time axis, 46 filings since 1978peak €20,263 (2006)
€4,583▲ €4,789
lowest -€10,924 (2008)
€2,031▲ €2,489
peak €48,250 (2007)
€5,935▲ 25.3%
€6,434▲ 44.7%
Board2 names since 2021
1 directorCLAES Matthias
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from -€206 to €4,583Back to profit: €2,031Dividend €833Equity from €4,737 to €5,935Debts from €4,448 to €6,434Cash from €745 to €4,721
Key points
from the 2025 annual accountsFilings
46 annual accounts since 1978
Seven of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Position in the sector
€5,935
Less equity than 86% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
86
Excellent
Financially stronger than 67% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.8%▲ +0.3 percentage points vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.9%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▼ -1.1 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 2.7%▲ +1.9 percentage points vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 2.8%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%● unchanged vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 1.8%▼ -1.1 percentage points vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 0.4%▼ -1.4 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Sector: Specialised construction activities (NACE 43)
Size: total assets €12,369
lowers risk
Liquidity: current ratio 1.12, cash €4,721
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 52% of them on solvency, 70% on liquidity, 75% on profitability and 72% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as Matti Construct has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Matti Construct itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Matti Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (0.92 in 2024), below the usual 1.5. Short-term debt is 51.9% and cash 38.2% of total assets. 52% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 days late
2022
28 days late
2021
25 days late
2020
31 days late
2019
90 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 29 days after 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 25 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Moorsel-Aalst
New registered office: Baron de Meerstraat 4, 9310 Moorsel-Aalst · Previous registered office: Kapittelstraat 50, 9310 Moorsel-Aalst · General meeting of 30-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417898665
Company renamed from Gebroeders Saeys to Matti Construct
Resignation: SAEYS Bart (director) · Appointment: CLAES Matthias (director) · “Algemene aannemingen van bouwwerken zowel privé als openbaar; Algemene bouwonderneming waarbij…” (deed in Dutch) · General meeting of 28-10-2024 · Gazette deed
First establishment
Baron de Meerstraat 4, Aalst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Matti Construct Aalst | €12,369 | €4,583 | 48.0% | - |
| ALGEMENE VOEGWERKEN CRICK Erwin Aalst | €15,726 | €5,340 | 72.9% | - |
| EFFERVESCENCE Wavre | €11,423 | €7,436 | 50.6% | - |
| MA-GRE Middelkerke | €21,665 | €5,437 | 35.4% | - |
| A.R.M.C. Brussels | €10,118 | €3,922 | -746.7% | - |
| LASTECO Aartselaar | €27,068 | €4,250 | 63.4% | - |
| RenovaRys Niel | €19,382 | €3,205 | 87.0% | - |
These companies have the same main activity as Matti Construct: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €10,100 and €27,100, founded between 1985 and 1997.
Official details
Source: KBO- Status
- Active since 19-01-1978Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.014.432.3559310 Aalst, since 01-02-1978
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- ≈ €62,000estimated
- €12,369▲ 34.7%
- ≈ 0 FTEestimated
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Matti Construct
Matti Construct files the micro format. That format states no turnover. The gross margin fell from €20,263 in 2006 to €4,583 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Matti Construct
- What is the company number of Matti Construct?
- The company number of Matti Construct is 0417.898.665. The VAT number is the same number with BE in front: BE 0417.898.665.
- Where is Matti Construct based?
- The registered office is at Baron de Meerstraat 4, 9310 Aalst.Company details
- What does Matti Construct do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of Matti Construct?
- Matti Construct is a private limited company (BV).
- When was Matti Construct founded?
- Matti Construct was founded on 19-01-1978.
- Is Matti Construct still active?
- Yes, Matti Construct is an active enterprise in the KBO register.
- What is the turnover of Matti Construct?
- The turnover in financial year 2025 is ≈ €62,000. This figure is estimated from the gross margin of €4,583 and 201 comparable companies (NACE 43990). It probably lies between €33,000 and €120,000. It is a rough estimate.Financials
- Is Matti Construct profitable?
- In financial year 2025, Matti Construct made a profit of €2,031.
- Where can I find the annual accounts of Matti Construct?
- Matti Construct filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Matti Construct due?
- Matti Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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