Mixed Matrix Material Innovations
ActiveSummary
Mixed Matrix Material Innovations has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,647 and a net result of -€50,970. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 617 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-01-2018 Normal situation
- Activity
- Other research and development on natural sciences NACE 72109and 2 others
- Establishment unit
- 2.272.717.423 2160 Wommelgem, since 09-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€31,656
- Loss
- €50,970
- Equity
- €106,647
- ▼ 43.2%
- Total assets
- €107,675
- ▼ 56.3%
Score breakdownraises riskLoss of €50,970 (financial year 2025)lowers riskLiquidity: current ratio 86.18, cash €81,910, halvedSize: total assets €107,675Equity €106,647 (99.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 72, micro). It does better than 83% of them on solvency, 96% on liquidity, 10% on profitability and 17% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is a loss of €50,196, after a profit of €94,092 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €341 | - | €9,814 | €20,799 | €11,105 |
| Depreciation and write-downs of the year | €505 | €373 | €581 | €5,095 | €17,721 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15 | €185 | €354 | €505 | €373 | €581 | €5,095 | €17,721 | ▲ 248% |
| Other operating charges640/8 | - | - | - | €598 | €542 | €739 | €2,424 | €819 | ▼ 66.2% |
| Gross operating margin9900 | -€6,217 | -€5,345 | €59,029 | €14,306 | -€20,468 | €117,554 | €101,611 | -€31,656 | - |
| Operating profit (loss)9901 | -€6,551 | -€5,682 | €58,379 | €13,203 | -€21,382 | €116,234 | €94,092 | -€50,196 | - |
| Financial income75/76B | - | - | - | €0 | €1 | - | €1 | €1 | ▲ 45.7% |
| Recurring financial income75 | - | €0 | €16 | €0 | €1 | - | €1 | €1 | ▲ 45.7% |
| Financial charges65/66B | - | - | - | €208 | €200 | €206 | €222 | €182 | ▼ 18.1% |
| Recurring financial charges65 | €20 | €47 | €298 | €208 | €200 | €206 | €222 | €182 | ▼ 18.1% |
| Profit (loss) for the period before taxes9903 | -€6,571 | -€5,729 | €58,097 | €12,995 | -€21,582 | €116,028 | €93,870 | -€50,377 | - |
| Income taxes67/77 | - | - | €10,116 | €3,462 | €520 | €520 | €499 | €593 | ▲ 19.0% |
| Profit (loss) for the period9904 | -€6,571 | -€5,729 | €47,981 | €9,534 | -€22,101 | €115,508 | €93,372 | -€50,970 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,571 | -€5,729 | €47,981 | €9,534 | -€22,101 | €115,508 | €93,372 | -€50,970 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15,961 | €8,492 | €63,686 | €63,692 | €40,937 | €176,613 | €246,243 | €107,675 | ▼ 56.3% |
| Fixed assets21/28 | €540 | €355 | €2,210 | €1,133 | €760 | €9,993 | €25,697 | €19,081 | ▼ 25.7% |
| Tangible fixed assets22/27 | €540 | €355 | €2,210 | €1,133 | €760 | €9,993 | €25,697 | €19,081 | ▼ 25.7% |
| Plant, machinery and equipment23 | - | - | - | €1,133 | €760 | €5,078 | €21,790 | €16,182 | ▼ 25.7% |
| Furniture and vehicles24 | - | - | - | - | - | €4,915 | €3,907 | €2,899 | ▼ 25.8% |
| Current assets29/58 | €15,420 | €8,137 | €61,475 | €62,559 | €40,177 | €166,620 | €220,546 | €88,594 | ▼ 59.8% |
| Amounts receivable within one year40/41 | €1,139 | €1,800 | €24,201 | €1,110 | €6,972 | €8,613 | €6,584 | €3,653 | ▼ 44.5% |
| Trade receivables40 | - | - | - | - | €1,104 | - | - | €1,090 | - |
| Other amounts receivable41 | - | - | - | €1,110 | €5,868 | €8,613 | €6,584 | €2,563 | ▼ 61.1% |
| Cash at bank and in hand54/58 | €14,281 | €6,337 | €37,274 | €60,375 | €32,710 | €157,413 | €213,368 | €81,910 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | - | - | €1,074 | €495 | €594 | €593 | €3,031 | ▲ 411% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15,961 | €8,492 | €63,686 | €63,692 | €40,937 | €176,613 | €246,243 | €107,675 | ▼ 56.3% |
| Equity10/15 | -€371 | -€6,100 | €41,880 | €51,414 | €29,313 | €153,071 | €187,617 | €106,647 | ▼ 43.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | €35,680 | €45,214 | €45,214 | €45,214 | €45,214 | €45,214 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €43,354 | €43,354 | €45,214 | €45,214 | €45,214 | = |
| Profit (loss) carried forward14 | -€6,571 | -€12,300 | - | - | -€22,101 | €89,257 | €123,803 | €42,833 | ▼ 65.4% |
| Amounts payable17/49 | €16,332 | €14,592 | €21,805 | €12,278 | €11,624 | €23,543 | €58,625 | €1,028 | ▼ 98.2% |
| Amounts payable within one year42/48 | €16,332 | €14,592 | €21,805 | €12,278 | €11,624 | €23,543 | €58,625 | €1,028 | ▼ 98.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,667 | €1,667 | - | - | - | - |
| Trade debts44 | €8,633 | - | - | - | - | €9,863 | €65 | - | - |
| Suppliers440/4 | - | - | - | - | - | €9,863 | €65 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | €623 | €8,824 | €593 | ▼ 93.3% |
| Taxes450/3 | - | - | - | - | - | €623 | €8,824 | €593 | ▼ 93.3% |
| Other amounts payable47/48 | - | - | - | €10,611 | €9,957 | €13,058 | €49,736 | €435 | ▼ 99.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,571 | -€5,729 | €47,981 | €9,534 | -€22,101 | €115,508 | €93,372 | -€50,970 | - |
| + Depreciation and write-downs630 | €15 | €185 | €354 | €505 | €373 | €581 | €5,095 | €17,721 | ▲ 248% |
| Operating cash flow (approximation) | -€6,556 | -€5,544 | €48,335 | €10,038 | -€21,729 | €116,089 | €98,467 | -€33,249 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,209 | €573 | €0 | -€9,814 | -€20,799 | -€11,105 | ▲ 46.6% |
| Change in cash | - | -€7,945 | €30,938 | €23,101 | -€27,665 | €124,703 | €55,955 | -€131,458 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,591 companies had the same profile as Mixed Matrix Material Innovations has now. Two years later, 87.4% were still going and 3.0% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Mixed Matrix Material Innovations itself is lower: 0.1% within 12 months. It rests on far more data about Mixed Matrix Material Innovations than the profile alone.
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.
| 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 3,591 companies, not a prediction for Mixed Matrix Material Innovations. 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 (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00264114 | |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00261331 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00442221 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00205551 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20137187 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-32100344 | |
| 31-12-2019 | micro format | 08-07-2020 | 2020-27900434 | |
| 31-12-2018 | micro format | 05-07-2019 | 2019-29700590 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 09-11-2023 Converted to unavailable equity
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Articles of association, deed of 09-11-2023 (in Dutch)
Network & group
Mixed Matrix Material Innovations shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Mixed Matrix Material Innovations. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-11
Gazette deed
Appointment: DOYEN Willy Dirk Anne-Marie (director)Amendment of the articles · Capital conversion · Reserve release8 points ▸
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “eigen vermogensrekening niet-opgevraagde inbrengen, kapitaal volledig volgestort” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing artikel 39,§2,derde lid wet 23-03-2019” (deed in Dutch)
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, DOYEN Willy Dirk Anne-Marie (director)
- Registered office clause, “Kandonklaan 13 te 2160 Wommelgem” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
22 activities
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriële duurzame activa
- Vervaardiging van weefsels,geïmpregneerd,bekleed of bedekt met kunststof of voorzien van inlagen van kunststof
- Vervaardiging van halffabricaten van kunststof:platen,vellen,blokken,foliën,stroken,strippen,enzomeer
- Vervaardiging van artikelen van kunststof(inclusief composietmateriaal)voor technisch gebruik,volgens bestek en voor rekening van derden
- Productie door een hittebehandeling(sintering)of onder druk,van rechtstreeks uit metaalpoeder verkregen metalen voorwerpen
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine-en werktuigbouw,industriële systeemontwikkeling,veiligheid,enzomeer
- Systematische studies en creatieve inspanningen in diverse soorten speur-en ontwikkelingswerk op het gebied van wiskunde en natuurwetenschappen(fysica,astronomie,scheikunde,geneeskunde,biologie,enzomeer)
- Speur-en ontwikkelingswerk op biotechnologisch gebied
- Overig speur-en ontwikkelingswerk op natuurwetenschappelijk gebied
- Overige gespecialiseerde wetenschappelijke en technische activiteiten
- Labotesten en-analyses in verband met de werking,de veroudering en de veiligheid van materieel en installaties
- Het organiseren,inrichten,geven en dirigeren van seminaries,opleidingen,lezingen,verkoop-en promotiedagen of andere evenementen
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzomeer
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzomeer
- Testen en analyseren van materialen,producten,installaties,enzomeer in verband met hun samenstelling,fysische eigenschappen,prestaties en overeenstemming met vooropgestelde normen of met lastenkohier
- Organisatie van congressen en beurzen
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard in de meest ruime zin.Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie,financiën,verkoop,productie en algemeen bestuur
- Het optreden als tussenpersoon in de gehele of gedeeltelijke overdrachten van handelszaken,ondernemingen,portefeuilles,concessies,octrooien en zakelijke rechten
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen
- Het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,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,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
- Alle verrichtingen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11052A0240/00T000 | Flanders | 468 m² | 1 · 115 m² | 9.3 m · 2 |