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Matts Devriendt

Active
Private limited companyfounded 20242 yrs activeValleistraat 205, 9402 Ninove, BelgiumKBO/BCE: BE 1007.123.878
Summary

Matts Devriendt has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68,800 and a net result of €64,366. Its solvency ranks better than 68% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency99
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.91; short-term debt: 26.4% and cash: 21.8% of total assets), and 26.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Matts Devriendt was incorporated on 14 March 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€68,800
Total assets
€93,526
Net result
€64,366
Working capital
€22,495

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €93,526
Fixed assets €46,305
Current assets €47,221
Equity and liabilities €93,526
Equity €68,800
Debt €24,726
Debt finances 26.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€94,828
Cash flow
€76,499
Current ratio
1.91
Debt to equity
0.36
ROE
93.6%
ROA
68.8%
Debt ≤ 1 year
€24,726
Income taxes
€18,329

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€93,526
Fixed assets21/28€46,305
Tangible fixed assets22/27€46,305
Furniture and vehicles24€46,305
Current assets29/58€47,221
Amounts receivable within one year40/41€2,830
Trade receivables40€2,820
Other amounts receivable41€10
Cash at bank and in hand54/58€20,382
Deferred charges and accrued income490/1€24,010
Equity and liabilities
Total equity and liabilities10/49€93,526
Equity10/15€68,800
Contributions10/11€4,800
Reserves13€64,000
Distributable reserves133€64,000
Profit (loss) carried forward14€0
Amounts payable17/49€24,726
Amounts payable within one year42/48€24,726
Trade debts44€3,529
Suppliers440/4€3,529
Taxes, remuneration and social security45€20,378
Taxes450/3€20,378
Other amounts payable47/48€820
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,132
Other operating charges640/8€1,812
Gross operating margin9900€96,640
Operating profit (loss)9901€82,696
Profit (loss) for the period before taxes9903€82,696
Income taxes67/77€18,329
Profit (loss) for the period9904€64,366
Profit (loss) for the period to be appropriated9905€64,366
Appropriation of the result
Profit (loss) to be appropriated9906€64,366
Transfer to equity691/2€64,000
To other reserves6921€64,000
Profit to be distributed694/7€366
Return on contributions (dividend)694€366

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,132
Other operating charges640/8€1,812
Gross operating margin9900€96,640
Operating profit (loss)9901€82,696
Profit (loss) for the period before taxes9903€82,696
Income taxes67/77€18,329
Profit (loss) for the period9904€64,366
Profit (loss) for the period to be appropriated9905€64,366
Line2024
Assets
Total assets20/58€93,526
Fixed assets21/28€46,305
Tangible fixed assets22/27€46,305
Furniture and vehicles24€46,305
Current assets29/58€47,221
Amounts receivable within one year40/41€2,830
Trade receivables40€2,820
Other amounts receivable41€10
Cash at bank and in hand54/58€20,382
Deferred charges and accrued income490/1€24,010
Equity and liabilities
Total equity and liabilities10/49€93,526
Equity10/15€68,800
Contributions10/11€4,800
Reserves13€64,000
Distributable reserves133€64,000
Profit (loss) carried forward14€0
Amounts payable17/49€24,726
Amounts payable within one year42/48€24,726
Trade debts44€3,529
Suppliers440/4€3,529
Taxes, remuneration and social security45€20,378
Taxes450/3€20,378
Other amounts payable47/48€820
Line2024
Profit (loss) for the period9904€64,366
+ Depreciation and write-downs630€12,132
Operating cash flow (approximation)€76,499

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
559 m²
Building footprint
189 m²
Volume, LiDAR
1,041 m³
Parcel 41038D0520/00P000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Matts Devriendt
Valleistraat 205, 9402 NinoveFinancial service activities, except insurance and pension funding
since 20242.357.336.362
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41038D0520/00P000 Flanders 559 m² 1 · 189 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-2024
Fiscal year end30-11
Activities, NACEBEL 2025
70200Business and other management consultancy
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
63910Web portal activities
93299Other amusement and recreation activities
Contact
E-mail mattsdevriendtbv@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007123878
Registered 08-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.