What does MATERIAL do?

MATERIAL is an engineering firm in Waterloo. Private Limited, started on 28 June 1990, 1 establishment.

What is the address of MATERIAL?

The registered office of MATERIAL is located at Drève Richelle 161M box 57, 1410 Waterloo.

Is MATERIAL still active?

Yes. According to the CBE (30 October 2026) MATERIAL is active, legal situation “Normale toestand”, started on 28 June 1990.

Is MATERIAL registered on Peppol?

Yes, MATERIAL is registered on the Peppol network with ID 0208:0441184209.

What is the enterprise number of MATERIAL?

The enterprise number of MATERIAL is BE0441184209.

When was MATERIAL founded?

MATERIAL was founded on 28 June 1990.

Who are the directors of MATERIAL?

According to the 2025 annual accounts, the directors of MATERIAL are: HANS LAVAL CHRISTIAN.

Is MATERIAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 June 1990; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MATERIAL make in 2025?

MATERIAL posted a profit after taxes of € 30,431 in financial year 2025.

What is the revenue of MATERIAL?

As a small company, MATERIAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 60,907.

MATERIAL (Private Limited) - Waterloo - BE0441184209

Dossier MATERIAL, printed on 30 October 2026 from databakkes.be/en/0441184209/material. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MATERIAL from Waterloo, company number BE0441184209, closed financial year 2025 with a result of € 30,431 after tax. For that financial year MATERIAL recorded a gross margin of € 60,907 and equity of € 200,795. Compared with financial year 2024, the result moved from € 87,406 to € 30,431. The company is profitable. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.

What it is worth Shrank hard

€ 200,795

▼ 58% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 30,431

▼ 65% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 294,224

▲ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 307,500 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 9,156

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 4,370

▲ 154% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9,133

▼ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 24,038

▲ 46% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 245,763 Gross margin 2022: € 245,763 First fiscal year in the series	€ 84,337 Gross margin 2023: € 84,337 ▼ 66% vs 2022 (€ 245,763) Unfavourable step	€ 137,776 Gross margin 2024: € 137,776 ▲ 63% vs 2023 (€ 84,337) Favourable step	€ 60,907 Gross margin 2025: € 60,907 ▼ 56% vs 2024 (€ 137,776) Unfavourable step	▼ 56%
Profit after taxes	€ 167,474 Profit after taxes 2022: € 167,474 First fiscal year in the series	€ 56,203 Profit after taxes 2023: € 56,203 ▼ 66% vs 2022 (€ 167,474) Unfavourable step	€ 87,406 Profit after taxes 2024: € 87,406 ▲ 56% vs 2023 (€ 56,203) Favourable step	€ 30,431 Profit after taxes 2025: € 30,431 ▼ 65% vs 2024 (€ 87,406) Unfavourable step	▼ 65%
Equity	€ 407,033 Equity 2022: € 407,033 First fiscal year in the series	€ 437,458 Equity 2023: € 437,458 ▲ 7% vs 2022 (€ 407,033) Favourable step	€ 477,864 Equity 2024: € 477,864 ▲ 9% vs 2023 (€ 437,458) Favourable step	€ 200,795 Equity 2025: € 200,795 ▼ 58% vs 2024 (€ 477,864) Unfavourable step	▼ 58%
Total debts	€ 36,731 Total debts 2022: € 36,731 First fiscal year in the series	€ 28,056 Total debts 2023: € 28,056 ▼ 24% vs 2022 (€ 36,731) Favourable step	€ 36,261 Total debts 2024: € 36,261 ▲ 29% vs 2023 (€ 28,056) Unfavourable step	€ 190,915 Total debts 2025: € 190,915 ▲ € 154,654 vs 2024 (€ 36,261) Unfavourable step	▲ € 154,654
Cash	€ 407,515 Cash 2022: € 407,515 First fiscal year in the series	€ 186,182 Cash 2023: € 186,182 ▼ 54% vs 2022 (€ 407,515) Unfavourable step	€ 186,098 Cash 2024: € 186,098 Unchanged (€ 186,182) Unfavourable step	€ 294,224 Cash 2025: € 294,224 ▲ 58% vs 2024 (€ 186,098) Favourable step	▲ 58%
Retained profit	€ 388,483 Retained profit 2022: € 388,483 First fiscal year in the series	€ 418,908 Retained profit 2023: € 418,908 ▲ 8% vs 2022 (€ 388,483) Favourable step	€ 459,314 Retained profit 2024: € 459,314 ▲ 10% vs 2023 (€ 418,908) Favourable step	€ 182,245 Retained profit 2025: € 182,245 ▼ 60% vs 2024 (€ 459,314) Unfavourable step	▼ 60%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 25,830 Dividend 2023: € 25,830 Unchanged (€ 0) Unchanged	€ 47,000 Dividend 2024: € 47,000 ▲ 82% vs 2023 (€ 25,830) Unchanged	€ 307,500 Dividend 2025: € 307,500 ▲ € 260,500 vs 2024 (€ 47,000) Unchanged	▲ € 260,500
Bank debt	€ 2,958 Bank debt 2022: € 2,958 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 2,958) Favourable step	€ 1,723 Bank debt 2024: € 1,723 Unchanged (€ 0) Unfavourable step	€ 4,370 Bank debt 2025: € 4,370 ▲ 154% vs 2024 (€ 1,723) Unfavourable step	▲ 154%
Balance sheet total	€ 443,764 Balance sheet total 2022: € 443,764 First fiscal year in the series	€ 465,514 Balance sheet total 2023: € 465,514 ▲ 5% vs 2022 (€ 443,764) Unchanged	€ 514,125 Balance sheet total 2024: € 514,125 ▲ 10% vs 2023 (€ 465,514) Unchanged	€ 391,710 Balance sheet total 2025: € 391,710 ▼ 24% vs 2024 (€ 514,125) Unchanged	▼ 24%

Key figures of MATERIAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to MATERIAL?

What happened at MATERIAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 29, 2026 New annual accounts for financial year 2025: profit of € 30,431 (▼ 65% vs 2024). Source: NBB ↗
2017 HANS LAVAL CHRISTIAN became a director. NBB
Aug 29, 1990 New establishment in Waterloo. KBO
Jun 28, 1990 Start of the company according to the CBE. KBO

In short

From € 167,474 profit in 2022 to € 30,431 profit in 2025.

Paid € 156,876 in corporate taxes since 2022.

Best year ever: 2022, with € 167,474 profit.

Paid out € 380,330 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

HANS LAVAL CHRISTIAN

MATERIAL

Behind MATERIAL is HANS LAVAL CHRISTIAN.

Directors

According to the 2025 annual accounts

HANS LAVAL CHRISTIAN

Manager

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Drève Richelle 161M box 57

1410 Waterloo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0441.184.209

VAT number

BE 0441.184.209

Registered office

Drève Richelle 161M bus 57, 1410 Waterloo

Names & denominations

MATERIAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 June 1990

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Technische studiën en ingenieursactiviteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

MATERIAL

Warning lights

Financials

What happened to MATERIAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions