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MATX

Active
Private limited companyfounded 2025active for 1 yearPausleenstraat 15, 1540 Pajottegem, BelgiumKBO/BCE: BE 1025.041.263
Summary

MATX has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,474 and a net result of €20,474. Its solvency ranks better than 45% of 9,675 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 02-07-2025 Normal situation
Activity
Other business support services NACE 82990and 2 others
Establishment unit
2.375.347.579 1540 Pajottegem, since 02-07-2025
Financial year end
31 December
Peppol
Reachable since 04-07-2025

Board and ownership

Board
Shareholders
  • MENSCHAERT Mathiasdeed of 04-07-2025

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€28,624
Turnover
≈ €71,000
estimated
Profit
€20,474
Equity
€22,474
Total assets
€51,144
Score breakdownraises riskFounded in 2025Size: total assets €51,144lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Liquidity: current ratio 1.26, cash €16,334Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of micro companies in office administrative support (NACE 82)
Financial strength
Strong
Solvency 69
equity 43.9% of total assets
Liquidity 61
short-term debt 56.1% · cash 31.9%
Profitability 100
return on assets 40.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,676 companies, NACE 82, micro)
Last 24 months 08-2026: 0.1%lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26, below the usual 1.5. Short-term debt is 56.1% and cash 31.9% of total assets. 56.1% 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 82, micro). It does better than 46% of them on solvency, 56% on liquidity and 87% on profitability.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Liquidity: current ratio 1.26, cash €16,334
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €51,144
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 07-07-2026 at the NBB

Turnover
≈ €71,000
Estimated: probably between €44,000 and €95,000
Total assets
€51,144
Net result
€20,474
Working capital
€7,474

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 €51,144
Fixed assets €15,000
Current assets €36,144
Equity and liabilities €51,144
Equity €22,474
Debt €28,670
Debt's share of the balance-sheet total is 56.1%.
Key figures and ratios
2025 value
Current ratio
1.26
Debt to equity
1.28
ROE
91.1%
ROA
40.0%
Debt ≤ 1 year
€28,670
Income taxes
€7,451

Investments

fixed assets acquired
Item2025
Financial fixed assets€15,000

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€51,144
Fixed assets21/28€15,000
Financial fixed assets28€15,000
Current assets29/58€36,144
Amounts receivable within one year40/41€19,602
Trade receivables40€19,602
Cash at bank and in hand54/58€16,334
Deferred charges and accrued income490/1€208
Equity and liabilities
Total equity and liabilities10/49€51,144
Equity10/15€22,474
Contributions10/11€2,000
Profit (loss) carried forward14€20,474
Amounts payable17/49€28,670
Amounts payable within one year42/48€28,670
Trade debts44€992
Suppliers440/4€992
Taxes, remuneration and social security45€14,078
Taxes450/3€14,078
Other amounts payable47/48€13,600
Income statement Code2025
Other operating charges640/8€105
Gross operating margin9900€28,624
Operating profit (loss)9901€28,519
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€599
Recurring financial charges65€599
Profit (loss) for the period before taxes9903€27,925
Income taxes67/77€7,451
Profit (loss) for the period9904€20,474
Profit (loss) for the period to be appropriated9905€20,474
Appropriation of the result
Profit (loss) to be appropriated9906€20,474

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Line2025
Other operating charges640/8€105
Gross operating margin9900€28,624
Operating profit (loss)9901€28,519
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€599
Recurring financial charges65€599
Profit (loss) for the period before taxes9903€27,925
Income taxes67/77€7,451
Profit (loss) for the period9904€20,474
Profit (loss) for the period to be appropriated9905€20,474
Line2025
Assets
Total assets20/58€51,144
Fixed assets21/28€15,000
Financial fixed assets28€15,000
Current assets29/58€36,144
Amounts receivable within one year40/41€19,602
Trade receivables40€19,602
Cash at bank and in hand54/58€16,334
Deferred charges and accrued income490/1€208
Equity and liabilities
Total equity and liabilities10/49€51,144
Equity10/15€22,474
Contributions10/11€2,000
Profit (loss) carried forward14€20,474
Amounts payable17/49€28,670
Amounts payable within one year42/48€28,670
Trade debts44€992
Suppliers440/4€992
Taxes, remuneration and social security45€14,078
Taxes450/3€14,078
Other amounts payable47/48€13,600
Line2025
Profit (loss) for the period9904€20,474
Operating cash flow (approximation)€20,474

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as MATX 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

That fits the bankruptcy probability of MATX itself: 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 MATX. 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 07-07-2026 2026-00262553 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
MENSCHAERT Mathias
Director (not named in the articles) · appointed by deed of 04-07-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 07-07-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 04-07-2025

Owners and capital

Shareholders

At incorporation deed of 04-07-2025 ↗

Capital transactions

Capital over time
  1. 04-07-2025 Incorporation · €2,000 · 100 shares

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 04-07-2025 (in Dutch)

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Connections & network

1 current director
Depth

The network starts from the directors of MATX. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

2026
07-07
NBB filing Annual accounts 2025 filedNBB
micro format · 24 days before the deadline
2025
04-07
Gazette deed Incorporation
Founding capital of €2,000, 100 shares · Founder: MENSCHAERT Mathias · Appointment: MENSCHAERT Mathias (director)8 points ▸
  • Incorporation, 02-07-2025
  • Founder, MENSCHAERT Mathias
  • Founding capital, €2,000, 100 shares
  • MENSCHAERT Mathias holds 100 shares
  • Registered office clause, Pausleenstraat 15, 1540 Pajottegem
  • Board rule, 1
  • Director appointment, MENSCHAERT Mathias (director (not named in the articles))
  • Permanent representative, MENSCHAERT Mathias
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name MATX in Dutch
Enterprise number 1025.041.263
Legal form Private limited company
Status Active, normal situation
Founded 02-07-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-07-2025 (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.
“Vlaamse Gewest”
deed of 04-07-2025 (in Dutch)

Registered office and establishments

Registered office Pausleenstraat 15, 1540 Pajottegem, Belgium
Establishment unit MATX, Pausleenstraat 15, 1540 Pajottegem since 02-07-2025 · unit number 2.375.347.579 63920 Other information service activities

Activities

NACEBEL 2025
82990 Other business support services main activity
70200 Business and other management consultancy
73300 Public relations and communication consultancy
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het leveren van diensten,managementprestaties,het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van…”
13 activities
  1. Het leveren van diensten,managementprestaties,het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van organisatiesystemen,het in toepassing brengen van systemen voor gegevensverwerking en alle technieken in verband met het technisch,administratief,economisch en algemeen beheer van ondernemingen,het ter beschikking stellen van personeel;
  2. Het uitoefenen van mandaat van zaakvoerder,bestuurder en vereffenaar in andere vennootschappen;
  3. De ontwikkeling van de entiteiten waarin zij participeert,bevorderen,plannen en coördineren,onder andere door middel van reorganisaties en herstructureringen;
  4. Het verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,uitrusten,huren en verhuren,het doen bouwen of doen verbouwen van onroerende goederen,evenals alle onroerende transacties en verrichtingen in de meest brede zin en van welke aard ook,met inbegrip van de onroerende leasing;
  5. Het ontwikkelen,leiden,adviseren,organiseren,studie en ontwerp,projectmanagement,projectontwikkeling,kortom het verlenen van alle mogelijke diensten en het realiseren van alle mogelijke projecten,voor eigen rekening zowel als voor rekening van derden,zowel inzake nieuwbouw,renovatie,sanering als restauratie;
  6. Het bemiddelen bij alle transacties van aan-en verkoop of verhuring van onroerende goederen,zakelijke rechten,handelsfondsen,…
  7. Het organiseren en verzorgen van evenementen,seminaries,opleidingen,beurzen,roadshows en promotionele activiteiten,incentives en mechanische sporten;
  8. De engineering,ontwikkeling,commercialisering,vertegenwoordiging,dienstverlening met betrekking tot alle roerende goederen,materieel,machines en outillage;
  9. Het verkrijgen,uitbaten of afstaan van alle octrooien,merken,licenties en intellectuele rechten;
  10. De verwerving van participaties onder gelijk welke vorm ook in handels-,industriële en financiële ondernemingen,vennootschappen of andere entiteiten,al dan niet genoteerd op de beurs,zowel Belgische als buitenlandse,het beheer,evenals het ten gelde maken,van deze participaties,de verwerving door deelneming,inschrijving,aankoop,optie of om het even welk ander middel,van alle deelbewijzen,aandelen,obligaties,waarden en titels;
  11. De vennootschap kan zich ten gunste van derden borgstellen,voorschotten toestaan,kredieten verlenen,hypothecaire of andere zekerheden verstrekken,onder eender welke vorm of duur,aan alle entiteiten waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde entiteiten;
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de huurfinanciering van onroerend goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën;
  13. De aan-en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
deed of 04-07-2025 (in Dutch)

Invoicing and payment

VAT number BE 1025.041.263
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1025041263
Other Peppol ID 9925:BE1025041263
Registered 04-07-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 10:00
deed of 04-07-2025 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
767 m²
Building footprint
138 m²
Building volume
642 m³
Cadastral parcel Region Area Buildings Height / floors
23032G0168/00M000 Flanders 767 m² 1 · 137 m² 6.9 m · 2