MattStone
ActiveMattStone has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75k and a net result of €3k. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 501 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
79
/ 100
Excellent▼ -15 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability21▼-79
Solvency74▼-5
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.54 in 2022), but 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.3%
Return on assets
1.5%
Age of the figures
20 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2022
63 d late
2021
212 d late
2020
174 d late
2019
161 d late
2018
113 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€75k▲ 3.7%
2022 · €72k
2018: €19k
2019: €20k
2020: €37k
2021: €37k
2022: €72k
2018 → 2024
Total assets
€206k▲ 26.6%
2022 · €163k
2018: €36k
2019: €53k
2020: €97k
2021: €156k
2022: €163k
2018 → 2024
Net result
€3k▼ 91.0%
2022 · €35k
2018: €13k
2019: €1k
2020: €4k
2021: €709
2022: €35k
2018 → 2024
Working capital
€89k▲ 82.2%
2022 · €49k
2018: €19k
2019: €-656
2020: €16k
2021: €15k
2022: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€20k-€37k▲ 82.8%€37k▲ 1.9%€72k▲ 93.3%€75k▲ 3.7%
Operating result€874-€3k▲ 230%€1k▼ 60.4%€37k▲ 3,136%€13k▼ 64.6%
Net result€1k-€4k▲ 317%€709▼ 83.1%€35k▲ 4,825%€3k▼ 91.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2022.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €206k
Fixed assets
€622▼ 97.3%
Current assets
€206k▲ 47.2%
Equity and liabilities €206k
Equity
€75k▲ 3.7%
Debt
€131k▲ 44.9%
The debt ratio rises from 55.7% to 63.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€14k▼
2022 · €38k
Cash flow
€4k▼
2022 · €36k
Solvency
36.3%▼
2022 · 44.3%
Current ratio
1.77▲
2022 · 1.54
Quick ratio
1.71▲
2022 · 1.54
Debt / equity
1.76▲
2022 · 1.26
ROE
4.2%▼
2022 · 48.4%
ROA
1.5%▼
2022 · 21.4%
Interest coverage
86.16▼
2022 · 113.54
Debt
€131k▲
2022 · €91k
Debt ≤ 1 year
€116k▲
2022 · €91k
Income taxes
€10k▲
2022 · €2k
Staff costs
€20k▼
2022 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€163k€206k▲
Fixed assets21/28€23k€622▼
Tangible fixed assets22/27€23k€622▼
Land and buildings22€20k-
Plant, machinery and equipment23€354-
Furniture and vehicles24€3k€622▼
Current assets29/58€140k€206k▲
Stocks and contracts in progress3-€6k
Stocks30/36-€6k
Amounts receivable within one year40/41€100k€174k▲
Trade receivables40€64k€67k▲
Other amounts receivable41€36k€107k▲
Cash at bank and in hand54/58€40k€25k▼
Equity and liabilities
Total equity and liabilities10/49€163k€206k▲
Equity10/15€72k€75k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€541€641▲
Non-distributable reserves130/1€541€641▲
Legal reserve130€541€641▲
Profit (loss) carried forward14€53k€56k▲
Amounts payable17/49€91k€131k▲
Amounts payable within one year42/48€91k€116k▲
Trade debts44€91k€116k▲
Suppliers440/4€13k€116k▲
Bills of exchange payable441€78k-
Accrued charges and deferred income492/3-€15k
Income statement
Code20222024
Non-recurring operating income76A€538-
Remuneration, social security and pensions62€35k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930€694▼
Other operating charges640/8-€197
Gross operating margin9900€73k€34k▼
Operating profit (loss)9901€37k€13k▼
Financial charges65/66B€334€160▼
Recurring financial charges65€334€160▼
Profit (loss) for the period before taxes9903€37k€13k▼
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€35k€3k▼
Profit (loss) for the period to be appropriated9905€35k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€56k▲
Profit (loss) brought forward from the previous period14P€18k€52k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 212 days late
2022
31-12
Financial
Highest result since 2018net €35k ▲4825%
Operating result €37k, net result €35k, both a record.
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 174 days late
2021
31-12
Financial
Weakest financial yearnet €709 ▼83.1%
Net result drops to €709, the lowest in the series; recovery starts the following year.
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 161 days late
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Seneffe · 1 establishment unit since 2018
Ground area
1.9 ha
Building footprint
4,278 m²
Parcel 52063E0174/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MattStone
since 20182.273.729.686
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063E0174/00H000 | Wallonia | 1.9 ha | 1 · 4,278 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
GABRIEL NATUURSTEEN
BE 0427.163.254
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Natuursteen Van Praet
BE 0550.801.335
Rumst · Eq €74k
GEPA GRONDWERKEN
BE 0458.997.169
Tienen · Eq €77k
STONE-TEAM
BE 0707.619.453
Vorst · Eq €78k
RB-STONE
BE 0890.603.520
Huldenberg · Eq €72k
Of 736 companies in sector 23700 we hold annual accounts for 489. 385 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-2018
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
43331Floor and wall tiling
46835Wholesale trade
47523Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.