FLANDRIA MATIC

Active

Public limited companyfounded 199233 yrs activeRue des Trois Entités 12, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 0448.889.274

FLANDRIA MATIC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €1.11M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

94 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency85▲+9

Growth78=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €100k at 30 days acceptable

Liquidity ample (current ratio 2.42 against 2.0 in 2024; short-term debt: 36.9% and cash: 68.6% of total assets), and 40% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 93

Relative position

BE, all sectors

reference

Sector 93

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

60%

Return on assets

57.6%

Age of the figures

15 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €1.16M

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

3 d early

2024

43 d early

2023

22 d late

2022

189 d early

2021

5 d early

2020

11 d late

2019

50 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close17-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€1.11M▲ 151%

2024 · €442k

2019: €-156k 2020: €-156k 2021: €-34k 2022: €41k 2023: €-13k 2024: €442k

2019 → 2025

Working capital

€1.01M▲ 110%

2024 · €481k

2019: €4k 2020: €6k 2021: €708 2023: €41k 2024: €481k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€59k-€66k▲ 12.4%€55k▼ 17.3%€497k▲ 805%€1.16M▲ 133%

Operating result€-34k-€42k€-12k€541k€1.50M▲ 177%

Net result€-34k-€41k€-13k€442k€1.11M▲ 151%

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 177% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.93M

11%

89.1%

Fixed assets €211k▲ 1,169%

Current assets €1.72M▲ 79.0%

Equity and liabilities €1.93M

60.0%

36.9%

Equity €1.16M▲ 133%

Provisions €61k

Debt €712k▲ 48.3%

The debt ratio falls from 49.1% to 36.9%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.54M▲

2024 · €543k

Cash flow

€1.15M▲

2024 · €445k

Solvency

60.0%▲

2024 · 50.9%

Current ratio

2.42▲

2024 · 2.00

Quick ratio

2.42▲

2024 · 2.00

Debt / equity

0.61▼

2024 · 0.97

ROE

96.0%▲

2024 · 88.9%

ROA

57.6%▲

2024 · 45.3%

Interest coverage

2622.17▲

2024 · 1017.06

Debt

€712k▲

2024 · €480k

Debt ≤ 1 year

€712k▲

2024 · €480k

Income taxes

€385k▲

2024 · €98k

Staff costs

€204k▲

2024 · €75k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€978k€1.93M▲

Fixed assets21/28€17k€211k▲

Intangible fixed assets21-€181k

Tangible fixed assets22/27€4k€12k▲

Furniture and vehicles24€4k€12k▲

Financial fixed assets28€12k€18k▲

Current assets29/58€961k€1.72M▲

Amounts receivable within one year40/41€354k€385k▲

Trade receivables40€337k€381k▲

Other amounts receivable41€17k€5k▼

Cash at bank and in hand54/58€598k€1.32M▲

Deferred charges and accrued income490/1€9k€11k▲

Equity and liabilities

Total equity and liabilities10/49€978k€1.93M▲

Equity10/15€497k€1.16M▲

Contributions10/11€67k€67k=

Capital10€67k€67k=

Issued capital100€67k€67k=

Reserves13€431k€1.09M▲

Non-distributable reserves130/1€7k€7k▲

Legal reserve130€7k€7k▲

Distributable reserves133€424k€1.09M▲

Profit (loss) carried forward14€0€0=

Provisions and deferred taxes16-€61k

Provisions for liabilities and charges160/5-€61k

Other liabilities and charges164/5-€61k

Amounts payable17/49€480k€712k▲

Amounts payable within one year42/48€480k€712k▲

Trade debts44€233k€568k▲

Suppliers440/4€233k€568k▲

Advances received on contracts in progress46€240k€0▼

Taxes, remuneration and social security45€8k€110k▲

Taxes450/3€107€87k▲

Remuneration and social security454/9€7k€22k▲

Other amounts payable47/48-€34k

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Non-recurring operating income76A€0-

Remuneration, social security and pensions62€75k€204k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€37k▲

Provisions for liabilities and charges: additions (uses and reversals)635/8-€61k

Other operating charges640/8€3k€12k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€621k€1.81M▲

Operating profit (loss)9901€541k€1.50M▲

Financial income75/76B€2€0▼

Recurring financial income75€2€0▼

Financial charges65/66B€534€585▲

Recurring financial charges65€534€585▲

Profit (loss) for the period before taxes9903€541k€1.50M▲

Income taxes67/77€98k€385k▲

Profit (loss) for the period9904€442k€1.11M▲

Profit (loss) for the period to be appropriated9905€442k€1.11M▲

Appropriation of the result

Profit (loss) to be appropriated9906€424k€1.11M▲

Profit (loss) brought forward from the previous period14P€-18k€0▲

Transfer from equity791/2-€423k

Transfer to equity691/2€424k€1.08M▲

To the legal reserve6920-€150

To other reserves6921€424k€1.08M▲

Profit to be distributed694/7-€451k

Return on contributions (dividend)694-€423k

Employees696-€28k

Social balance

Average headcount (FTE)90871.03.2▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

28-01

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

30-06

Financial Highest result since 2019net €1.11M ▲151%

Operating result €1.50M, net result €1.11M, both a record.

30-06

Financial Equity above €1MEq €1.16M ▲133%

2 profitable years in a row build equity to €1.16M.

2024

19-12

NBB filing Annual accounts filed

fiscal year 2024 · full schema

30-06

Financial Back to profitnet €442k

Net result €442k after one loss-making year.

30-06

Financial Equity above €200kEq €497k ▲805%

Equity rises from €55k to €497k.

22-02

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 22 days late

2022

26-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

30-06

Financial Back to profitnet €41k

Net result €41k after 3 loss-making years.

26-01

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

11-02

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 11 days late

2019

12-12

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2018

24-12

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2017

21-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2016

16-12

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

11 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 1992

establishment The establishment unit on the map

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 des Trois Entités 124890 Thimister-Clermont

Ground area

2,584 m²

Building footprint

1,155 m²

Volume, LiDAR

7,169 m³