PRO - EURO - MAT
ActiveSummary
PRO - EURO - MAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.11M and a net result of €36k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 92% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-3
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 11.98 against 7.81 in 2023; short-term debt: 8.1% and cash: 5.2% of total assets), and 8.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.9%
Return on assets
3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
28 d late
2022
30 d late
2021
75 d late
2020
118 d late
2019
110 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.11M▲ 3.3%
2023 · €1.07M
2018: €1.11M
2019: €1.15M
2020: €1.17M
2021: €1.22M
2022: €1.31M
2023: €1.07M
2018 → 2024
Total assets
€1.21M▼ 1.4%
2023 · €1.22M
2018: €1.45M
2019: €1.40M
2020: €1.34M
2021: €1.44M
2022: €1.51M
2023: €1.22M
2018 → 2024
Net result
€36k▼ 38.7%
2023 · €59k
2018: €-34k
2019: €46k
2020: €18k
2021: €57k
2022: €126k
2023: €59k
2018 → 2024
Working capital
€1.07M▲ 4.2%
2023 · €1.03M
2018: €1.17M
2019: €1.18M
2020: €1.17M
2021: €1.20M
2022: €1.27M
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.17M-€1.22M▲ 4.5%€1.31M▲ 7.9%€1.07M▼ 18.4%€1.11M▲ 3.3%
Operating result€25k-€73k▲ 196%€166k▲ 128%€74k▼ 55.5%€40k▼ 45.8%
Net result€18k-€57k▲ 210%€126k▲ 121%€59k▼ 53.6%€36k▼ 38.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.21M
Fixed assets
€34k ▼ 17.9%
Current assets
€1.17M ▼ 0.9%
Equity and liabilities €1.21M
Equity
€1.11M ▲ 3.3%
Debt
€98k ▼ 35.4%
Debt's share of the balance-sheet total falls from 12.4% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▼
2023 · €84k
Cash flow
€43k▼
2023 · €69k
Current ratio
11.98▲
2023 · 7.81
Quick ratio
1.62▲
2023 · 1.00
Debt to equity
0.09▼
2023 · 0.14
ROE
3.2%▼
2023 · 5.5%
ROA
3.0%▼
2023 · 4.8%
Interest coverage
12.71▼
2023 · 18.37
Debt ≤ 1 year
€98k▼
2023 · €151k
Income taxes
€14k▼
2023 · €22k
Staff costs
€66k▲
2023 · €65k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.22M€1.21M▼
Fixed assets21/28€42k€34k▼
Tangible fixed assets22/27€42k€34k▼
Land and buildings22€21k€21k▼
Furniture and vehicles24€21k€14k▼
Financial fixed assets28€62€62=
Current assets29/58€1.18M€1.17M▼
Stocks and contracts in progress3€1.03M€1.01M▼
Stocks30/36€1.03M€1.01M▼
Amounts receivable within one year40/41€101k€96k▼
Trade receivables40€51k€24k▼
Other amounts receivable41€51k€72k▲
Cash at bank and in hand54/58€49k€63k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.21M▼
Equity10/15€1.07M€1.11M▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€546k€546k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€499k€499k=
Profit (loss) carried forward14€508k€544k▲
Amounts payable17/49€151k€98k▼
Amounts payable within one year42/48€151k€98k▼
Current portion of amounts payable after more than one year42€10k-
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€47k€12k▼
Taxes450/3€39k€2k▼
Remuneration and social security454/9€8k€10k▲
Other amounts payable47/48€94k€85k▼
Income statement
Code20232024
Remuneration, social security and pensions62€65k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€156k€120k▼
Operating profit (loss)9901€74k€40k▼
Financial income75/76B€11k€14k▲
Recurring financial income75€11k€14k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€80k€50k▼
Income taxes67/77€22k€14k▼
Profit (loss) for the period9904€59k€36k▼
Profit (loss) for the period to be appropriated9905€59k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€538k€544k▲
Profit (loss) brought forward from the previous period14P€479k€508k▲
Profit to be distributed694/7€30k-
Return on contributions (dividend)694€30k-
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
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €126k ▲121%
Operating result €166k, net result €126k, both a record.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 89 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 70 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 60 days late
Financial 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
Registered office, Ciney · 1 establishment unit since 1992
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.
Rue du Péquet 25590 CineyGround area
7,656 m²
Building footprint
1,052 m²
Volume, LiDAR
1,429 m³
2 parcels, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Tige 59, 5500 Dinant
since 19922.049.097.185
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91001C0131/00M004 | Wallonia | 6,718 m² | 1 · 851 m² | - |
| 91242A0033/00R003 | Wallonia | 938 m² | 1 · 200 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SA DEMOORTEL FRERES
BE 0401.165.076
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MATRAMAT
BE 0425.854.645
Sint-Katelijne-Waver · Eq €1,119,987
MEERT
BE 0423.944.834
Erpe-Mere · Eq €1,097,252
LINEA
BE 0449.972.607
Beringen · Eq €1,094,499
Moeys-Fa
BE 0470.283.417
Bertem · Eq €1,094,274
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 995 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
Founded29-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46630Wholesale trade
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.