MATISSE
ActiveMATISSE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-42
Solvency100=
Growth52▼-6
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 13.46 against 8.41 in 2024), and 5.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
94.1%
Return on assets
10.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
20 d early
2023
21 d early
2022
5 d early
2021
3 d late
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 13.0%
2024 · €115k
2019: €118k
2020: €130k
2021: €147k
2022: €165k
2023: €164k
2024: €115k
2019 → 2025
Total assets
€138k▲ 5.0%
2024 · €131k
2019: €173k
2020: €169k
2021: €195k
2022: €232k
2023: €190k
2024: €131k
2019 → 2025
Net result
€15k▼ 39.5%
2024 · €25k
2019: €18k
2020: €12k
2021: €17k
2022: €18k
2023: €15k
2024: €25k
2019 → 2025
Working capital
€95k▼ 17.5%
2024 · €116k
2019: €98k
2020: €118k
2021: €141k
2022: €164k
2023: €165k
2024: €116k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€165k▲ 12.5%€164k▼ 0.4%€115k▼ 30.2%€130k▲ 13.0%
Operating result€24k-€32k▲ 31.3%€23k▼ 28.7%€38k▲ 67.9%€21k▼ 44.8%
Net result€17k-€18k▲ 7.1%€15k▼ 16.9%€25k▲ 62.2%€15k▼ 39.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€35k
Current assets
€103k
Equity and liabilities €138k
Equity
€130k▲ 13.0%
Debt
€8k▼ 50.6%
The debt ratio falls from 12.6% to 5.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2024 · €38k
Cash flow
€18k▼
2024 · €25k
Solvency
94.1%▲
2024 · 87.4%
Current ratio
13.46▲
2024 · 8.41
Quick ratio
12.52▲
2024 · 7.89
Debt / equity
0.06▼
2024 · 0.14
ROE
11.5%▼
2024 · 21.6%
ROA
10.9%▼
2024 · 18.9%
Interest coverage
31.69▼
2024 · 41.06
Debt
€8k▼
2024 · €16k
Debt ≤ 1 year
€8k▼
2024 · €16k
Income taxes
€6k▼
2024 · €12k
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€131k€138k▲
Fixed assets21/28€0€35k▲
Tangible fixed assets22/27€0€35k▲
Land and buildings22€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24-€35k
Current assets29/58€131k€103k▼
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€988▼
Other amounts receivable41€39€1k▲
Cash at bank and in hand54/58€119k€90k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€131k€138k▲
Equity10/15€115k€130k▲
Contributions10/11€6k€6k=
Reserves13€109k€123k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€109k€123k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€16k€8k▼
Amounts payable within one year42/48€16k€8k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€5k€133▼
Taxes450/3€5k€133▼
Other amounts payable47/48€5k€5k▲
Accrued charges and deferred income492/3€892€493▼
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50€3k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€41k€26k▼
Operating profit (loss)9901€38k€21k▼
Financial income75/76B€0€531▲
Recurring financial income75€0€531▲
Financial charges65/66B€923€753▼
Recurring financial charges65€923€753▼
Profit (loss) for the period before taxes9903€37k€21k▼
Income taxes67/77€12k€6k▼
Profit (loss) for the period9904€25k€15k▼
Profit (loss) for the period to be appropriated9905€25k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€15k▼
Transfer from equity791/2€25k€0▼
Transfer to equity691/2€25k€15k▼
To other reserves6921€25k€15k▼
Profit to be distributed694/7€25k€0▼
Return on contributions (dividend)694€25k€0▼
The notes to these accounts (7 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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €25k ▲62.2%
Operating result €38k, net result €25k, both a record.
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 7.65
Current ratio from 3.50 to 7.65; short-term debt falls from €65k to €25k.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €165k ▲12.5%
4 profitable years in a row build equity to €165k.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €12k ▼36.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
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
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, Kuurne · 1 establishment unit since 1997
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.
Brugsesteenweg 508520 KuurneGround area
242 m²
Building footprint
171 m²
Volume, LiDAR
1,083 m³
Parcel 34023B0731/00A003, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MATISSE
since 19972.084.375.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0731/00A003 | Flanders | 242 m² | 1 · 171 m² | 10.8 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.
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EXCELLENCE VEHICULES
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YVOMAR
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DICHHA
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,656. 7,394 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-07-1997
Fiscal year end31-03
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.