MATTO
ActiveSummary
MATTO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,853 and a net result of €225,803. Its solvency ranks better than 75% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-11-2024 Normal situation
- Activity
- Full-service restaurants NACE 56111and 2 others
- Establishment unit
- 2.366.417.839 2300 Turnhout, since 21-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
Annual accounts 2025
- Gross margin
- €550,706
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €225,803
- Equity
- €230,853
- Total assets
- €394,033
- Employees on 31-12-2025
- 9
Score breakdownraises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 1.83, cash €53,842Equity €230,853 (58.6% of total assets)Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 71% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency
84
equity 58.6% of total assets
Liquidity
47
short-term debt 41.4% · cash 13.7%
Profitability
100
return on assets 57.3%
Bankruptcy probability within 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 3.9%
01-2026: 3.9%● unchanged vs 12-2025
02-2026: 4.1%▲ +0.2 percentage points vs 01-2026
03-2026: 4.4%▲ +0.3 percentage points vs 02-2026
04-2026: 4.6%▲ +0.2 percentage points vs 03-2026
05-2026: 4.9%▲ +0.3 percentage points vs 04-2026
06-2026: 4.9%● unchanged vs 05-2026
07-2026: 5.3%▲ +0.4 percentage points vs 06-2026highest value
08-2026: 1.2%▼ -4.1 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026lowest value
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.83, above the usual 1.5. Short-term debt is 41.4% and cash 13.7% of total assets. 41.4% of the assets are financed with debt and provisions.
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 56, micro). It does better than 75% of them on solvency, 43% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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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 · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB
Turnover
≈ €1.3m
Estimated: probably between €1.1m and €1.6m
Total assets
€394,033
Net result
€225,803
Working capital
€135,241
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €394,033
Fixed assets
€95,612
Current assets
€298,421
Equity and liabilities €394,033
Equity
€230,853
Debt
€163,180
Debt's share of the balance-sheet total is 41.4%.
Key figures and ratios
EBITDA
€299,940
Cash flow
€237,945
Current ratio
1.83
Quick ratio
1.74
Debt to equity
0.71
ROE
97.8%
ROA
57.3%
Interest coverage
over 100
Debt ≤ 1 year
€163,180
Income taxes
€67,823
Staff costs
€239,131
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 9 |
| full-time | 6 |
| part-time | 3 |
| in full-time equivalents | 7.6 |
| Average over the year, in full-time equivalents | 7.2 |
| Joined | 174 |
| Left | 165 |
| Training hours | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €61,085 |
| Intangible fixed assets | €22,535 |
| Financial fixed assets | €24,134 |
| Depreciation and write-downs of the year | €12,143 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €239,131 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,143 |
| Other operating charges640/8 | €11,636 |
| Gross operating margin9900 | €550,706 |
| Operating profit (loss)9901 | €287,797 |
| Financial income75/76B | €6,010 |
| Recurring financial income75 | €6,010 |
| Financial charges65/66B | €182 |
| Recurring financial charges65 | €182 |
| Profit (loss) for the period before taxes9903 | €293,626 |
| Income taxes67/77 | €67,823 |
| Profit (loss) for the period9904 | €225,803 |
| Profit (loss) for the period to be appropriated9905 | €225,803 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €394,033 | |
| Fixed assets21/28 | €95,612 | |
| Intangible fixed assets21 | €20,201 | |
| Tangible fixed assets22/27 | €51,276 | |
| Plant, machinery and equipment23 | €29,354 | |
| Other tangible fixed assets26 | €21,923 | |
| Financial fixed assets28 | €24,134 | |
| Current assets29/58 | €298,421 | |
| Stocks and contracts in progress3 | €15,178 | |
| Stocks30/36 | €15,178 | |
| Amounts receivable within one year40/41 | €229,374 | |
| Trade receivables40 | €6,220 | |
| Other amounts receivable41 | €223,154 | |
| Current investments50/53 | €28 | |
| Cash at bank and in hand54/58 | €53,842 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €394,033 | |
| Equity10/15 | €230,853 | |
| Contributions10/11 | €5,050 | |
| Profit (loss) carried forward14 | €225,803 | |
| Amounts payable17/49 | €163,180 | |
| Amounts payable within one year42/48 | €163,180 | |
| Trade debts44 | €54,541 | |
| Suppliers440/4 | €54,541 | |
| Taxes, remuneration and social security45 | €108,639 | |
| Taxes450/3 | €80,386 | |
| Remuneration and social security454/9 | €28,253 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €225,803 |
| + Depreciation and write-downs630 | €12,143 |
| Operating cash flow (approximation) | €237,945 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as MATTO has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.6%
was still going
2.6%
stopped otherwise
0.7%
went bankrupt
The bankruptcy probability of MATTO itself is higher: 1.2% within 12 months. It rests on far more data about MATTO than the profile alone.
Test of the method
The method was tested on the 497,446 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 11,279 companies, not a prediction for MATTO. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00383984 |
Board & ownership
Directors
Directors
1 director, no change since 2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 25-11-2024Owners and capital
Shareholders
At incorporation
act of 25-11-2024 ↗
- XEKA Bejaze 100 shares (100%) · €5,050
Capital transactions
Capital over time
- 25-11-2024 Incorporation · €5,050 · 100 shares
Mandate history
2 people, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Ahmet Uysal |
|
| XEKA Bejaze |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), naar evenredigheid aantal verworven aandelen als…”
Articles of association, deed of 25-11-2024 (in Dutch)
Network & group
MATTO shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of MATTO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2026
31-07
micro format · on the deadline day
05-05
Gazette deed
Resignation: Xeka Bejaze (director)Director discharge3 points ▸
Gazette deed
Resignation: Xeka Bejaze (director)
Director discharge3 points ▸
- General meeting, 31-03-2026
- Director resignation, Xeka Bejaze (director)
- Director discharge, Xeka Bejaze (director)
2025
05-12
Gazette deed
Appointment: Ahmet Uysal (director)2 points ▸
Gazette deed
Appointment: Ahmet Uysal (director)
2 points ▸
- Board meeting, 20-11-2025
- Director appointment, Ahmet Uysal (director)
2024
25-11
Gazette deed
IncorporationStarting capital €5,050 · Appointment: XEKA Bejaze (director) · Founder7 points ▸
Gazette deed
Incorporation
Starting capital €5,050 · Appointment: XEKA Bejaze (director) · Founder7 points ▸
- Director appointment, XEKA Bejaze (director (not named in the articles))
- Other provision, “beknopt uittreksel en opmaak voor neerlegging, VOOR BEKNOPT UITTREKSEL” (deed in Dutch)
- Incorporation, “MATTO” (deed in Dutch)
- Founder, XEKA Bejaze
- Founding capital, €5,050
- XEKA Bejaze holds 100 shares
- Other provision, “vaststelling statuten, statuten werden vastgesteld als volgt” (deed in Dutch)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MATTO in Dutch
Enterprise number
1016.492.001
Legal form
Private limited company
Status
Active, normale toestand
Founded
21-11-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-11-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan”
deed of 25-11-2024 (in Dutch)Registered office and establishments
Registered office
Grote Markt 74, 2300 Turnhout, Belgium
Establishment unit
MATTO, Grote Markt 74, 2300 Turnhout since 21-11-2024 · unit number 2.366.417.839
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
56112
Limited-service restaurants, excluding mobile food services
56210
Event catering
Social security (RSZ) activities
56111
Full-service restaurants main activity
Codes under NACEBEL 2008
56101
Full-service restaurants main activity
56102
Limited-service restaurants
56210
Catering
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-11-2024 (in Dutch)
“De uitbating en inrichting in de meest ruime zin van alle soorten van drank- en eetgelegenheden, frituren, koffiehuizen, tearooms, dancings…”
18 activities
- De uitbating en inrichting in de meest ruime zin van alle soorten van drank- en eetgelegenheden, frituren, koffiehuizen, tearooms, dancings, restaurants, ijssalons, snackbars, hotels en andere logementhuizen.
- Catering, uitzendkoks en het verzorgen van feesten en recepties, alle traiteursdiensten en aanverwante activiteiten zoals het klaarmaken, thuisbezorgen en eventueel serveren van maaltijden en bereide schotels en alle toebehoren.
- De verhuur van feestzalen en -hallen.
- Het organiseren van evenementen in de meest ruime zin van het woord, workshops, seminaries en opleidingen.
- Consultancy: het geven van raadgevingen inzake alle culinaire aangelegenheden, dit in de ruimste zin van het woord.
- Activiteiten van ghost kitchen.
- Het vervaardigen, ontwerpen, openen, beheren en commercialiseren van een webshop en soortgelijke onlineplatformen, alsmede de onlinemarketingcommunicatie hiervan en alle mogelijke commerciële activiteiten hieraan verbonden.
- Alle activiteiten in verband met e-commerce, in de meest ruime zin te interpreteren.
- De vennootschap kan octrooien, know-how, en aanverwante duurzame immateriële activa ontwikkelen, kopen, verkopen, in licentie geven of nemen.
- De vennootschap mag bij wijze van inbreng in speciën of in natura, fusie, onderschrijving, deelneming of anderszins, belangen nemen in andere bestaande of nog op te richten ondernemingen, verenigingen of vennootschappen, waarvan het voorwerp verwant of analoog is met het hare of van aard haar voorwerp geheel of gedeeltelijk te bevorderen.
- Het beheer en de uitbreiding van een onroerend patrimonium zonder enige beperking, alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of van die aard zijn de opbrengst van haar goederen te bevorderen, zoals daar zijn: de aankoop, de verkoop, de ruiling, de verhuring, de verkaveling, de onroerende leasing, het onderhoud, de verfraaiing, alle handelingen in verband met de verwerving of de overdracht en terbeschikkingstelling van alle onroerende goederen.
- De vennootschap zal alle leningen kunnen aangaan en terugbetalen, hypothecaire en andere, met het oog op het verwerven van roerende goederen of waarden indien zij dat doelmatig nodig acht.
- De vennootschap kan, zonder dat enige opsomming beperkend kan worden uitgelegd, ook handlichting geven van alle hypotheken in haar voordeel genomen, met of zonder betaling, en alle handelingen stellen die zelfs maar nuttig zijn voor het verwezenlijken van haar voorwerp.
- De vennootschap kan ook worden omgevormd in een rechtswezen met een andere vorm.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of pand te geven, inclusief de eigen handelszaak.
- Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
Invoicing and payment
VAT number
BE 1016.492.001
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 14:00
deed of 25-11-2024 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteTurnhoutunit number 2.366.417.839
Sites & property
Location
Buildings and parcels at the address
Ground area
868 m²
Building footprint
285 m²
Building volume
2,270 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13454Q0407/00B000 | Flanders | 868 m² | 1 · 285 m² | 12.5 m · 3 |