AC. MATIC
Open bankruptcySummary
A bankruptcy procedure is open for AC. MATIC according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2024 annual accounts show equity of €383k and a net result of €-326k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-326k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 107 sector peers (2024).
NBB · sector comparisonPosition among 107 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 day 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
1 d late
2023
31 d late
2022
192 d late
2021
130 d late
2020
122 d late
2019
129 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-326k▼ 194%
2023 · €-111k
2018: €-33k
2019: €-34k
2020: €-39k
2021: €-76k
2022: €-125k
2023: €-111k
2018 → 2024
Working capital
€157k▼ 70.3%
2023 · €529k
2018: €318k
2019: €537k
2020: €559k
2021: €598k
2022: €733k
2023: €529k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€896k-€820k▼ 8.5%€820k=€709k▼ 13.5%€383k▼ 46.0%
Operating result€-25k-€-20k▲ 19.2%€35k€-85k€-327k▼ 285%
Net result€-39k-€-76k▼ 96.0%€-125k▼ 65.0%€-111k▲ 11.5%€-326k▼ 194%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €327k in 2024 against €85k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.39M
Fixed assets
€350k ▲ 12.9%
Current assets
€2.04M ▼ 6.7%
Equity and liabilities €2.39M
Equity
€383k ▼ 46.0%
Debt
€2.00M ▲ 12.4%
Debt's share of the balance-sheet total rises from 71.5% to 83.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-267k▼
2023 · €21k
Cash flow
€-266k▼
2023 · €-5k
Current ratio
1.08▼
2023 · 1.32
Quick ratio
0.74▼
2023 · 0.81
Debt to equity
5.23▲
2023 · 2.51
ROE
-85.2%▼
2023 · -15.6%
ROA
-13.7%▼
2023 · -4.4%
Interest coverage
-44.72▼
2023 · 0.91
Debt ≤ 1 year
€1.88M▲
2023 · €1.65M
Debt > 1 year
€122k▼
2023 · €129k
Income taxes
€-7k▼
2023 · €3k
Staff costs
€286k▼
2023 · €304k
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 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.49M€2.39M▼
Fixed assets21/28€310k€350k▲
Tangible fixed assets22/27€239k€297k▲
Plant, machinery and equipment23€106k€159k▲
Furniture and vehicles24€20k€20k▲
Other tangible fixed assets26€113k€117k▲
Financial fixed assets28€71k€53k▼
Current assets29/58€2.18M€2.04M▼
Stocks and contracts in progress3€837k€648k▼
Stocks30/36€837k€648k▼
Amounts receivable within one year40/41€852k€989k▲
Trade receivables40€812k€924k▲
Other amounts receivable41€40k€65k▲
Current investments50/53€0-
Cash at bank and in hand54/58€58k€58k▲
Deferred charges and accrued income490/1€434k€340k▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.39M▼
Equity10/15€709k€383k▼
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Revaluation surpluses12€68k€68k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€-384k€-710k▼
Amounts payable17/49€1.78M€2.00M▲
Amounts payable after more than one year17€129k€122k▼
Financial debts170/4€67k€66k▼
Other amounts payable178/9€62k€56k▼
Amounts payable within one year42/48€1.65M€1.88M▲
Current portion of amounts payable after more than one year42€47k€92k▲
Trade debts44€389k€293k▼
Suppliers440/4€389k€293k▼
Taxes, remuneration and social security45€98k€63k▼
Taxes450/3€54k€24k▼
Remuneration and social security454/9€44k€38k▼
Other amounts payable47/48€1.12M€1.43M▲
Accrued charges and deferred income492/3€868€2k▲
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€304k€286k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€60k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€92k€189k▲
Other operating charges640/8€370k€387k▲
Non-recurring operating charges66A€1k€178k▲
Gross operating margin9900€789k€774k▼
Operating profit (loss)9901€-85k€-327k▼
Financial income75/76B€0€151▲
Recurring financial income75€0€151▲
Financial charges65/66B€23k€6k▼
Recurring financial charges65€23k€6k▼
Profit (loss) for the period before taxes9903€-108k€-333k▼
Income taxes67/77€3k€-7k▼
Profit (loss) for the period9904€-111k€-326k▼
Profit (loss) for the period to be appropriated9905€-111k€-326k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-384k€-710k▼
Profit (loss) brought forward from the previous period14P€-273k€-384k▼
Shareholders' contribution to the loss794€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · AC. MATIC SA LES PLENESSES 75, 4890 THIMISTER · event 12-01-2026
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
16-07
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collectif · event 10-07-2025
2024
31-12
Financial
Weakest financial yearnet €-326k
Net result drops to €-326k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 192 days late
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 130 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 122 days late
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 129 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 89 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 55 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Thimister-Clermont · 1 establishment unit since 1991
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.
Les Plénesses 754890 Thimister-ClermontGround area
9,820 m²
Building footprint
1,219 m²
Volume, LiDAR
5,798 m³
Parcel 63077C0542/00E000, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AC. MATIC
since 19912.050.940.185
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0542/00E000 | Wallonia | 9,820 m² | 1 · 1,218 m² | 6.0 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-PHILIPPE RENAUD QUAI DES ARDENNES 65,
4020 LIEGE 2 |
12-01-2026 → present |
| Curator | ALAIN BODEUS QUAI DE
ROME 19/8, 4000 LIEGE 1 |
12-01-2026 → present |
Similar companies · same sector, comparable size
CKO BETTING
BE 0817.340.410
Brugge · Eq €385k
Press - Bet - Express
BE 0563.979.873
Charleroi · Eq €376k
LOR INVEST
BE 0683.562.661
Charleroi · Eq €390k
TILT
BE 0451.687.923
Oudergem · Eq €375k
P.P.P.
BE 0899.930.564
Schaarbeek · Eq €374k
Of 506 companies in sector 92000 we hold annual accounts for 303. 231 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 formPublic limited company
Founded10-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
77391Rental and leasing activities
92000Gambling and betting activities
68203Renting and operating of own or leased non-residential real estate, excluding land
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.