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B.G. MAT

Active
Private limited companyfounded 2002active for 24 yearsRoute Charlemagne(BLX) 33, 6464 Chimay, BelgiumKBO/BCE: BE 0477.463.395

From the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

B.G. MAT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €187,912. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 36% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
B.G. MATActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 03-05-2002 Normal situation
Legal form
Private limited company
Registered office
Route Charlemagne(BLX) 33, 6464 Chimay
Activity
Wholesale of machine tools NACE 46620and 4 others
Establishment unit
2.115.254.353 6464 Chimay, since 03-02-2003
Financial year end
30 September
Peppol
Reachable since 05-11-2025
Company details

Who decides

Board
Board & ownership

How it is doing

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€1.1m
▼ 2.5%
Turnover
≈ €4.8m
estimated
Profit
€187,912
▼ 17.2%
Equity
€1.4m
▲ 1.9%
Total assets
€4.3m
▲ 8.0%
Staff
3.9 FTE
▼ 30.4%
2025 accounts 44 days early
Filed on 17-03-2026PDF
Financials
Why 88raises riskLiquidity: current ratio 1.29, cash €128,546lowers riskFounded in 2002Figures for financial year 2025 (filed 19-03-2026)Size: 3.9 FTE, total assets €4.3mShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 57-2
equity 32.4% of total assets
Liquidity 31-1
short-term debt 45.7% · cash 3.0%
Profitability 74-2
return on assets 4.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.2 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026highest value 04-2026: 0.2%▼ -0.3 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.29, compared with 1.34 in 2024, below the usual 1.5; short-term debt: 45.7% and cash: 3% of total assets), and 67.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 42% on solvency, 29% on liquidity, 62% on profitability and 48% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.29, cash €128,546
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 19-03-2026)
NBB · annual accounts
lowers risk · Size: 3.9 FTE, total assets €4.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
40 days early
2023
32 days early
2022
45 days early
2021
50 days early
2020
51 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: 6th largest company by total assets in Chimay, Wholesale and retail trade…in the Checked rankings No. 6 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €187,912 7 years View

Documents

Annual accounts at the NBB

All 24 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about B.G. MAT

What is the company number of B.G. MAT?
0477.463.395. In Belgium the VAT number is the company number with BE in front: BE 0477.463.395.
Where is B.G. MAT based?
The registered office is at Route Charlemagne(BLX) 33, 6464 Chimay.Company details
What does B.G. MAT do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of B.G. MAT?
Private limited company (BV).
When was B.G. MAT founded?
On 03-05-2002.
Is B.G. MAT still active?
Yes, B.G. MAT is an active enterprise in the KBO register.
How many employees does B.G. MAT have?
On average 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of B.G. MAT?
≈ €4.8m in financial year 2025. Estimated from the gross margin of €1.1m: probably between €2.8m and €7.9m, based on 100 comparable companies, NACE 46. In financial year 2020 turnover was €4.2m.
Is B.G. MAT profitable?
In financial year 2025, B.G. MAT made a profit of €187,912.
Where can I find the annual accounts of B.G. MAT?
B.G. MAT filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of B.G. MAT due?
By 30-04-2027, for financial year 2026.Timeline

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