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MATTY

Open bankruptcy
Private limited companyfounded 2017KBO/BCE: BE 0681.494.779

A bankruptcy procedure is open for MATTY according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.

Summary

The 2021 annual accounts show equity of €14k and a net result of €-6k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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

Financials · fiscal year 2021, micro schema

Equity
€14k▼ 31.3%
2020 · €20k
2018: €21k 2019: €22k 2020: €20k
2018 → 2021
Total assets
€22k▲ 1.9%
2020 · €22k
2018: €24k 2019: €23k 2020: €22k
2018 → 2021
Net result
€-6k▼ 315%
2020 · €-2k
2018: €-4k 2019: €257 2020: €-2k
2018 → 2021
Working capital
€9k▼ 56.6%
2020 · €20k
2018: €21k 2019: €22k 2020: €20k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€21k-€22k▲ 1.2%€20k▼ 7.0%€14k▼ 31.3%
Operating result€-4k-€-463▲ 88.0%€-2k▼ 435%€-7k▼ 169%
Net result€-4k-€257€-2k€-6k▼ 315%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-8k€-6k€-4k€-2k€0Operating result 2018: €-4k€-4kNet result 2018: €-4k€-4kOperating result 2019: €-463€-463Net result 2019: €257€257Operating result 2020: €-2k€-2kNet result 2020: €-2k€-2kOperating result 2021: €-7k€-7kNet result 2021: €-6k€-6k2018201920202021€-8k€-6k€-4k€-2k€0Operating result 2019: €-463€-463Net result 2019: €257€257Operating result 2020: €-2k€-2.5kNet result 2020: €-2k€-1.5kOperating result 2021: €-7k€-6.7kNet result 2021: €-6k€-6.3k201920202021
The operating result stays negative: a loss of €7k in 2021 against €2k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €22k
Fixed assets €5k
Current assets €17k
Equity and liabilities €22k
Equity €14k ▼ 31.3%
Debt €8k ▲ 400%
Debt's share of the balance-sheet total rises from 7.7% to 37.8%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€-5k
Cash flow
€-5k
Current ratio
2.04
2020 · 13.00
Quick ratio
1.26
2020 · 7.73
Debt to equity
0.61
ROE
-45.5%
2020 · -7.5%
ROA
-28.3%
2020 · -7.0%
Interest coverage
-26.01
Debt ≤ 1 year
€8k
2020 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 37 lines
Balance sheet Code20202021
Assets
Total assets20/58€22k€22k
Fixed assets21/28-€5k
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Current assets29/58€22k€17k
Stocks and contracts in progress3€9k€6k
Stocks30/36-€6k
Amounts receivable within one year40/41€8k€9k
Trade receivables40-€2k
Other amounts receivable41-€7k
Cash at bank and in hand54/58€4k€2k
Deferred charges and accrued income490/1-€469
Equity and liabilities
Total equity and liabilities10/49€22k€22k
Equity10/15€20k€14k
Contributions10/11-€30k
Outside capital11-€30k
Other1109/19-€30k
Profit (loss) carried forward14€-10k€-16k
Amounts payable17/49€2k€8k
Amounts payable within one year42/48€2k€8k
Trade debts44€2k€8k
Suppliers440/4-€8k
Taxes, remuneration and social security45-€99
Taxes450/3-€99
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8-€273
Gross operating margin9900€-2k€-5k
Operating profit (loss)9901€-2k€-7k
Financial income75/76B-€590
Recurring financial income75€1k€590
Financial charges65/66B-€191
Recurring financial charges65€219€191
Profit (loss) for the period before taxes9903€-2k€-6k
Profit (loss) for the period9904€-2k€-6k
Profit (loss) for the period to be appropriated9905€-2k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906-€-16k
Profit (loss) brought forward from the previous period14P-€-10k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MATTY CHAUSSEE DE VLEURGAT 291, 1050 IXELLES · event 20-01-2025
2022
29-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
31-12
Financial Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
17-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Back to profitnet €257
Net result €257 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
30-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 426 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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
1 establishment unit since 2018
establishment approximate The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ground area
1,992 m²
Building footprint
616 m²
Volume, LiDAR
6,126 m³
2 parcels, Brussels, Wallonia · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LES RECOLLETTINES
Place Emile Bertaux 12, 6041 CharleroiRetail trade
since 20182.269.444.959
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52028E0865/00H000indicative Wallonia 1,859 m² 1 · 520 m² 10.7 m · 3 fl.
21447B0275/00G003 Brussels 132 m² 1 · 96 m² 19.9 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHARLES-HENRI SPRINGUEL
AVENUE LOUISE 349, 1050 IXELLES
20-01-2025present

Similar companies · same sector, comparable size

Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 545 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
47210Retail sale of fruit and vegetables
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

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

Contact details

2 entries
Enterprise
E-mail:srlrecolletines@gmail.com
Enterprise