MatrixDecor Support
ActiveSummary
MatrixDecor Support has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €681k and a net result of €126k. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-1
Solvency84▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 2.7 in 2024; short-term debt: 34.3% and cash: 8% of total assets), and 41.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
58.9%
Return on assets
10.9%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
126 d early
2023
40 d early
2022
35 d early
2021
39 d early
2020
36 d early
2019
17 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€681k▲ 22.6%
2024 · €555k
2018: €19k
2019: €7k
2020: €60k
2021: €212k
2022: €391k
2023: €469k
2024: €555k
2018 → 2025
Total assets
€1.16M▲ 51.2%
2024 · €764k
2018: €41k
2019: €199k
2020: €163k
2021: €414k
2022: €666k
2023: €722k
2024: €764k
2018 → 2025
Net result
€126k▲ 45.9%
2024 · €86k
2018: €-1k
2019: €-11k
2020: €53k
2021: €151k
2022: €180k
2023: €78k
2024: €86k
2018 → 2025
Working capital
€78k▼ 51.6%
2024 · €162k
2018: €19k
2019: €-173k
2020: €-102k
2021: €-128k
2022: €-176k
2023: €-70k
2024: €162k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€212k-€391k▲ 84.9%€469k▲ 19.9%€555k▲ 18.4%€681k▲ 22.6%
Operating result€185k-€224k▲ 21.6%€101k▼ 54.8%€127k▲ 24.8%€162k▲ 27.8%
Net result€151k-€180k▲ 18.7%€78k▼ 56.8%€86k▲ 10.8%€126k▲ 45.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€681k ▲ 34.1%
Current assets
€475k ▲ 85.0%
Equity and liabilities €1.16M
Equity
€681k ▲ 22.6%
Debt
€475k ▲ 127%
Debt's share of the balance-sheet total rises from 27.4% to 41.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€334k▲
2024 · €287k
Cash flow
€298k▲
2024 · €247k
Current ratio
1.20▼
2024 · 2.70
Debt to equity
0.70▲
2024 · 0.38
ROE
18.4%▲
2024 · 15.5%
ROA
10.9%▼
2024 · 11.3%
Interest coverage
51.83▲
2024 · 49.40
Debt ≤ 1 year
€397k▲
2024 · €95k
Debt > 1 year
€78k▼
2024 · €114k
Income taxes
€34k▼
2024 · €35k
Staff costs
€43k▲
2024 · €30k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€764k€1.16M▲
Fixed assets21/28€508k€681k▲
Intangible fixed assets21€90k€72k▼
Tangible fixed assets22/27€418k€609k▲
Plant, machinery and equipment23€418k€609k▲
Current assets29/58€257k€475k▲
Amounts receivable within one year40/41€62k€372k▲
Trade receivables40€34k€138k▲
Other amounts receivable41€28k€234k▲
Cash at bank and in hand54/58€188k€92k▼
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€764k€1.16M▲
Equity10/15€555k€681k▲
Contributions10/11€20k€20k▼
Reserves13€535k€661k▲
Distributable reserves133€535k€661k▲
Amounts payable17/49€209k€475k▲
Amounts payable after more than one year17€114k€78k▼
Financial debts170/4€114k€78k▼
Amounts payable within one year42/48€95k€397k▲
Current portion of amounts payable after more than one year42€39k€44k▲
Trade debts44€30k€337k▲
Suppliers440/4€30k€337k▲
Taxes, remuneration and social security45€26k€15k▼
Taxes450/3€22k€10k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€327-
Income statement
Code20242025
Remuneration, social security and pensions62€30k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€172k▲
Other operating charges640/8€9k€910▼
Gross operating margin9900€326k€378k▲
Operating profit (loss)9901€127k€162k▲
Financial income75/76B€42€5k▲
Recurring financial income75€42€5k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€121k€160k▲
Income taxes67/77€35k€34k▼
Profit (loss) for the period9904€86k€126k▲
Profit (loss) for the period to be appropriated9905€86k€126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€86k€126k▲
Transfer to equity691/2€86k€126k▲
To other reserves6921€86k€126k▲
Social balance
Average headcount (FTE)90870.60.8▲
The notes to these accounts (11 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 5current ratio 2.70
Current ratio from 0.57 to 2.70; short-term debt falls from €162k to €95k.
31-12
Financial
Equity above €500kEq €555k ▲18.4%
5 profitable years in a row build equity to €555k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €180k ▲18.7%
Operating result €224k, net result €180k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €212k ▲251%
2 profitable years in a row build equity to €212k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Tielt · 1 establishment unit since 1999
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.
Oude Diksmuidse Boterweg 7A8760 TieltGround area
1,904 m²
Building footprint
1,643 m²
Volume, LiDAR
12,162 m³
Parcel 37322D0030/00K002, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MatrixDecor Support bv
since 19992.092.122.328
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322D0030/00K002 | Flanders | 1,904 m² | 1 · 1,643 m² | 11.3 m · 3 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.
Similar companies · same sector, comparable size
EWAL
BE 0425.185.048
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L & L CMP
BE 0447.479.608
Geel · Eq €687k
SWING
BE 0440.949.528
Merelbeke-Melle · Eq €674k
Vidi - Square AV Solutions
BE 0460.452.268
Duffel · Eq €667k
ADC PRODUCTION
BE 0432.949.107
Zaventem · Eq €659k
Of 517 companies in sector 77222 we hold annual accounts for 165. 106 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 formPrivate limited company
Founded21-05-1999
Fiscal year end31-12
Activities, NACEBEL 2025
77222Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
42220Construction of utility projects for electricity and telecommunications
46130Agents in the wholesale of timber and building materials
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.