Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 1,173.8 to 11.6.
-
Figures corrected NBB
Corrected annual account filed for 2023.
-
Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
MATCH from Seneffe, company number BE0426985288, closed financial year 2025 with a result of € 2.4 million after tax. For that financial year MATCH recorded revenue of € 97,308 and equity of € -9.7 million. Compared with financial year 2024, the result moved from € 27.8 million to € 2.4 million. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ -9.7 million
▲ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 877,179
▲ 171% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -53.9 million.
People and assets in 2025
11.6
▼ 168.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 285,451
▼ 98% vs 2024
€ 24,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.9 million
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4103 days on average.
€ 147,629
▼ 82% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 379,178,272 | € 366,673,349 | € 65,951,362 | € 97,308 | ▼ € 65.9 million |
| Profit after taxes | € -9,863,282 | € -77,272,609 | € 27,760,985 | € 2,433,565 | ▼ 91% |
| Equity | € 2,343,489 | € -39,929,119 | € -12,168,134 | € -9,734,569 | ▲ € 2.4 million |
| Total debts | € 109,715,233 | € 69,800,238 | € 23,806,550 | € 14,101,433 | ▼ 41% |
| Cash | € 9,188,020 | € 8,434,728 | € 323,475 | € 877,179 | ▲ 171% |
| Land & buildings | € 8,641,442 | € 7,938,025 | € 0 | - | |
| Retained profit | € -18,831,511 | € -84,104,119 | € -56,343,134 | € -53,909,569 | ▲ € 2.4 million |
| Bank debt | € 14,500,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 114,824,119 | € 84,165,370 | € 17,394,070 | € 7,232,773 | ▼ 58% |
| Employees (FTE) | 1,400.5 | 1,173.8 | 180 | 11.6 | ▼ 168.4 |
Key figures of MATCH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MATCH?
What happened at MATCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MATCH is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 2.4 million (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 9.9 million loss in 2022 to € 2.4 million profit in 2025.
Paid € 52,592 in corporate taxes since 2022.
Best year ever: 2024, with € 27.8 million profit.
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 167
7181 Seneffe
Rue de l'Espérance 408
6061 Charleroi
Active since 28 March 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →PROFI
"LDz Compagnie franco-belge de distribution" en abrégé "LDz" en français et "LDz frans-belgische detailhandel maatschappij" en abrégé "LDz" en néerlandais same network
€ 2.4 million revenue · 2025
CERTEX
€ -5,280 gross margin · 2025
HMY BENELUX
€ 294,397 gross margin · 2025
CENTRE DE RECHERCHE ET DE DEVELOPPEMENT DE L'ECAM
€ 519,394 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.985.288
- VAT number
- BE 0426.985.288
- Registered office
- Chaussée de Nivelles 167, 7181 Seneffe
- Names & denominations
- MATCH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 28 March 1985
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening