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MATVEC

Active
Private limited companyfounded 20197 yrs activeKontichstraat 239, 2650 Edegem, BelgiumKBO/BCE: BE 0719.913.016
Summary

MATVEC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €139k and a net result of €49k. Its solvency ranks better than 85% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
94 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 8.5 against 7.03 in 2023; short-term debt: 11.6% and cash: 38.5% of total assets), and 11.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 14-07-2025, 17 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
17 d early
2023
12 d early
← before the deadline after the deadline →
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 2024, micro schema

Equity
€139k▲ 15.6%
2023 · €121k
2023: €121k
2023 → 2024
Total assets
€158k▲ 13.2%
2023 · €140k
2023: €140k
2023 → 2024
Net result
€49k▲ 20.3%
2023 · €40k
2023: €40k
2023 → 2024
Working capital
€137k▲ 18.9%
2023 · €116k
2023: €116k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€121k-€139k▲ 15.6%
Operating result€55k-€66k▲ 19.8%
Net result€40k-€49k▲ 20.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €55k€55kNet result 2023: €40k€40kOperating result 2024: €66k€66kNet result 2024: €49k€49k20232024€0€20k€40k€60kOperating result 2023: €55k€55kNet result 2023: €40k€40kOperating result 2024: €66k€66kNet result 2024: €49k€49k20232024
The operating result rises in 2024; 2024 is 20% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158k
Fixed assets €2k ▼ 51.1%
Current assets €156k ▲ 15.6%
Equity and liabilities €158k
Equity €139k ▲ 15.6%
Debt €19k ▼ 2.1%
Debt's share of the balance-sheet total falls from 13.7% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€69k
2023 · €57k
Cash flow
€51k
2023 · €43k
Current ratio
8.50
2023 · 7.03
Debt to equity
0.13
2023 · 0.16
ROE
34.9%
2023 · 33.5%
ROA
30.8%
2023 · 28.9%
Interest coverage
1492.48
2023 · 522.72
Debt ≤ 1 year
€18k
2023 · €19k
Income taxes
€19k
2023 · €16k
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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€140k€158k
Fixed assets21/28€5k€2k
Tangible fixed assets22/27€5k€2k
Furniture and vehicles24€5k€2k
Current assets29/58€135k€156k
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€14k€43k
Trade receivables40€14k€42k
Other amounts receivable41€150€742
Cash at bank and in hand54/58€69k€61k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€140k€158k
Equity10/15€121k€139k
Contributions10/11€2k€2k=
Reserves13€119k€137k
Distributable reserves133€119k€137k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€19k€19k
Amounts payable within one year42/48€19k€18k
Trade debts44€3k€1k
Suppliers440/4€3k€1k
Taxes, remuneration and social security45€15k€16k
Taxes450/3€12k€14k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€2k€1k
Accrued charges and deferred income492/3€0€450
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Other operating charges640/8€791€854
Gross operating margin9900€58k€70k
Operating profit (loss)9901€55k€66k
Financial income75/76B€1k€1k
Recurring financial income75€1k€1k
Financial charges65/66B€110€46
Recurring financial charges65€110€46
Profit (loss) for the period before taxes9903€57k€68k
Income taxes67/77€16k€19k
Profit (loss) for the period9904€40k€49k
Profit (loss) for the period to be appropriated9905€40k€49k
Appropriation of the result
Profit (loss) to be appropriated9906€40k€49k
Transfer from equity791/2€30k€29k
Transfer to equity691/2€40k€48k
To other reserves6921€40k€48k
Profit to be distributed694/7€31k€30k
Return on contributions (dividend)694€31k€30k

The notes to these accounts (6 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
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing

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
Registered office, Edegem · 1 establishment unit since 2019
establishment 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.

Kontichstraat 2392650 Edegem
Ground area
1,042 m²
Building footprint
150 m²
Volume, LiDAR
858 m³
Parcel 11472C0376/00X002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MATVEC
Kontichstraat 239, 2650 EdegemIT consultancy
since 20192.285.116.397
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472C0376/00X002 Flanders 1,042 m² 1 · 150 m² 9.5 m · 2 fl.
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

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,391 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
Founded06-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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