Matermaco
ActiveSummary
Matermaco has been active since 1946 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.31M and a net result of €145k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-42
Solvency58▲+5
Growth38=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.37 in 2024; short-term debt: 67% and cash: 0.2% of total assets), and 67% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33%
Return on assets
2.1%
Age of the figures
9 mo
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 · 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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.31M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
18 d early
2024
25 d early
2023
26 d early
2022
10 d late
2021
141 d late
2020
97 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€5.75M▼ 27.0%
2024 · €7.87M
2018: €25.11M
2019: €28.95M
2020: €11.75M
2021: €9.19M
2022: €9.74M
2023: €8.67M
2024: €7.87M
2018 → 2025
EBIT margin
-1.1%▼ 5.6pp
2024 · 4.5%
2018: -2.9%
2019: -5.3%
2020: -35.1%
2021: -15.1%
2022: 10.1%
2023: 11.7%
2024: 4.5%
2018 → 2025
Net result
€145k▼ 44.2%
2024 · €260k
2018: €-982k
2019: €-1.78M
2020: €-6.15M
2021: €-1.90M
2022: €2.60M
2023: €961k
2024: €260k
2018 → 2025
Working capital
€108k▼ 94.7%
2024 · €2.03M
2018: €397k
2019: €-1.08M
2020: €-3.59M
2021: €-4.20M
2022: €975k
2023: €1.77M
2024: €2.03M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.19M-€9.74M▲ 6.0%€8.67M▼ 11.0%€7.87M▼ 9.2%€5.75M▼ 27.0%
Equity€-4.13M-€939k€1.90M▲ 102%€2.16M▲ 13.7%€2.31M▲ 6.7%
Operating result€-1.39M-€983k€1.01M▲ 3.0%€351k▼ 65.3%€-64k
Net result€-1.90M-€2.60M€961k▼ 63.0%€260k▼ 72.9%€145k▼ 44.2%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €64k after €351k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.99M
Fixed assets
€2.20M ▲ 1,587%
Current assets
€4.79M ▼ 36.8%
Equity and liabilities €6.99M
Equity
€2.31M ▲ 6.7%
Debt
€4.69M ▼ 15.6%
Debt's share of the balance-sheet total falls from 72.0% to 67.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-47k▼
2024 · €376k
Cash flow
€162k▼
2024 · €286k
Current ratio
1.02▼
2024 · 1.37
Quick ratio
0.45▼
2024 · 0.85
Debt to equity
2.03▼
2024 · 2.57
ROE
6.3%▼
2024 · 12.1%
ROA
2.1%▼
2024 · 3.4%
Interest coverage
-1.02▼
2024 · 7.63
Debt ≤ 1 year
€4.69M▼
2024 · €5.55M
Income taxes
€3k▲
2024 · €2k
Staff costs
€289k▼
2024 · €409k
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 · 2025 against 2024 · 72 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.71M€6.99M▼
Fixed assets21/28€130k€2.20M▲
Intangible fixed assets21-€5k
Tangible fixed assets22/27€98k€85k▼
Land and buildings22€12k€8k▼
Plant, machinery and equipment23€82k€75k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€32k€2.11M▲
Affiliated companies280/1-€2.08M
Amounts receivable281-€2.08M
Other financial fixed assets284/8€32k€32k=
Amounts receivable and cash guarantees285/8€32k€32k=
Current assets29/58€7.58M€4.79M▼
Stocks and contracts in progress3€2.85M€2.68M▼
Stocks30/36€2.85M€2.68M▼
Goods purchased for resale34€2.85M€2.68M▼
Amounts receivable within one year40/41€4.63M€2.09M▼
Trade receivables40€2.47M€2.03M▼
Other amounts receivable41€2.16M€54k▼
Cash at bank and in hand54/58€96k€17k▼
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€7.71M€6.99M▼
Equity10/15€2.16M€2.31M▲
Contributions10/11€6.92M€6.92M=
Capital10€6.92M€6.92M=
Issued capital100€6.92M€6.92M=
Reserves13€944k€944k=
Non-distributable reserves130/1€314k€314k=
Legal reserve130€314k€314k=
Distributable reserves133€629k€629k=
Profit (loss) carried forward14€-5.70M€-5.55M▲
Amounts payable17/49€5.55M€4.69M▼
Amounts payable within one year42/48€5.55M€4.69M▼
Financial debts43€1.52M€658k▼
Credit institutions430/8€1.52M€658k▼
Trade debts44€1.85M€1.56M▼
Suppliers440/4€1.85M€1.56M▼
Taxes, remuneration and social security45€117k€23k▼
Taxes450/3€84k€1k▼
Remuneration and social security454/9€34k€22k▼
Other amounts payable47/48€2.06M€2.44M▲
Income statement
Code20242025
Operating income70/76A€7.87M€5.75M▼
Turnover70€7.87M€5.75M▼
Other operating income74€6k€4k▼
Non-recurring operating income76A€136-
Operating charges60/66A€7.52M€5.81M▼
Goods for resale, raw materials and consumables60€5.89M€4.40M▼
Purchases600/8€5.27M€4.31M▼
Change in stocks: decrease (increase)609€620k€82k▼
Services and other goods61€1.22M€1.15M▼
Remuneration, social security and pensions62€409k€289k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-74k€-57k▲
Other operating charges640/8€40k€18k▼
Non-recurring operating charges66A€16k-
Operating profit (loss)9901€351k€-64k▼
Financial income75/76B€624€276k▲
Recurring financial income75€624€276k▲
Income from financial fixed assets750-€276k
Other financial income752/9€624-
Financial charges65/66B€89k€64k▼
Recurring financial charges65€89k€64k▼
Debt charges650€49k€46k▼
Other financial charges652/9€40k€18k▼
Profit (loss) for the period before taxes9903€263k€148k▼
Income taxes67/77€2k€3k▲
Taxes670/3€2k€3k▲
Profit (loss) for the period9904€260k€145k▼
Profit (loss) for the period to be appropriated9905€260k€145k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5.70M€-5.55M▲
Profit (loss) brought forward from the previous period14P€-5.96M€-5.70M▲
Social balance
Average headcount (FTE)90875.13.5▼
The notes to these accounts (49 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Resignation: FALRIX BV (director)Appointment: Bas van Asseldonk (director) · Permanent representative: Filip Van Kelecom · Director discharge11 facts ▸
State Gazette act
Resignation: FALRIX BV (director)
Appointment: Bas van Asseldonk (director) · Permanent representative: Filip Van Kelecom · Director discharge11 facts ▸
- General meeting, 01/07/2026
- Board meeting, 01/07/2026
- Director resignation, FALRIX BV (director)
- Director resignation, FALRIX BV (managing director)
- Director discharge, FALRIX BV (director)
- Director appointment, Bas van Asseldonk (director)
- Mandate compensation, Bas van Asseldonk
- Permanent representative, Filip Van Kelecom
- Director resignation, FALRIX BV (managing director)
- Director appointment, Bas van Asseldonk (managing director)
- Mandate compensation, Bas van Asseldonk
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2MEq €2.16M ▲13.7%
3 profitable years in a row build equity to €2.16M.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.90M ▲102%
2 profitable years in a row build equity to €1.90M.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
31-12
Financial
Back to profitnet €2.60M
Net result €2.60M after 4 loss-making years.
31-12
Financial
Equity above €500kEq €939k
Equity rises from €-4.13M to €939k.
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 141 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 97 days late
2020
31-12
Financial
Weakest financial yearnet €-6.15M
Net result drops to €-6.15M, the lowest in the series; recovery starts the following year.
Show earlier events
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 40 acts read
About the unread acts
Of the 40 Belgian State Gazette acts we know for this company, 1 has been read. The other 39 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Bas van Asseldonk
CurrentDirector · since 01-07-2026
01-07-2026
Bas van Asseldonk: Appointed as Director
01-07-2026
Bas van Asseldonk: Appointed as Managing director
01-07-2026
FALRIX BV: Resigned as Director
01-07-2026
FALRIX BV: Resigned as Managing director
Not every act has been read: a resignation may be missing here
39 of this company's 40 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gembloux · 1 establishment unit since 1946
Ground area
1.6 ha
Building footprint
1,616 m²
Parcel 92253D0530/00M004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Praules, Sauv. 3A, 5030 Gembloux
since 19462.005.551.709
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0530/00M004 | Wallonia | 1.6 ha | 1 · 1,616 m² | - |
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.
Structure & network
Acquisitions and mergers
1 transactionContributed a branch of activity to:MATERMACO AGRICULTURE
Recognitions · licences · registrations
Legal Entity Identifier
5493004XHUXLED2WYI97
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Of 828 companies in sector 46620 we hold annual accounts for 642. 451 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
Founded29-10-1946
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46630Wholesale trade
47812Retail trade
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.