Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MATRATEX from Kuurne, company number BE0459940247, closed financial year 2025 with a result of € 137,877 after tax. For that financial year MATRATEX recorded revenue of € 374,347 and equity of € 10.2 million. Compared with financial year 2024, the result moved from € 181,971 to € 137,877. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 10.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,877
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 19,894
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
58 % of the profit went to the shareholders, mostly to Selectivity International (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 31,776
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 16% vs 2024
€ 412,307 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 140,499
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 188 days on average.
€ 114,397
▲ € 108,984 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 370,711 | € 372,594 | € 373,181 | € 374,347 | |
| Profit after taxes | € 156,542 | € 167,812 | € 181,971 | € 137,877 | ▼ 24% |
| Equity | € 9,972,421 | € 10,060,233 | € 10,162,204 | € 10,220,081 | ▲ 1% |
| Total debts | € 4,072,899 | € 3,792,366 | € 3,648,482 | € 3,519,250 | ▼ 4% |
| Cash | € 111,460 | € 33,000 | € 17,418 | € 19,894 | ▲ 14% |
| Land & buildings | € 957,494 | € 921,247 | € 885,000 | € 864,911 | ▼ 2% |
| Retained profit | € 9,944,444 | € 10,032,256 | € 10,134,227 | € 10,192,104 | ▲ 1% |
| Dividend | € 80,000 | € 80,000 | € 80,000 | € 80,000 | |
| Bank debt | € 1,854,357 | € 1,522,222 | € 1,316,667 | € 1,102,306 | ▼ 16% |
| Balance sheet total | € 14,240,654 | € 14,041,689 | € 13,993,531 | € 13,803,444 | ▼ 1% |
Key figures of MATRATEX, 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 MATRATEX?
What happened at MATRATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,877 (▼ 24% vs 2024). filed late Source: NBB ↗
- Jan Maes became a director. NBB
- MAMA became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 156,542 profit in 2022 to € 137,877 profit in 2025.
Paid € 255,838 in corporate taxes since 2022.
Best year ever: 2024, with € 181,971 profit.
Paid out € 320,000 in dividends to the owners in total.
Management
The stake of Selectivity International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MATRATEXBehind MATRATEX are Jan Maes and MAMA. The shares are held by Selectivity International (100%). It owns 85% of Beddington, 50% of Grupo Toma Invest and 0% of Revor Group itself.
Directors
According to the 2025 annual accounts
Jan Maes
Director
Also active at: REVOR GROUP, VAMACO, Selectivity International, SLEEP IN STYLE, GRUPO TOMA INVEST, BEDDINGTON, MAMA, ACRIA +1 more
since 2023
since 2023
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Noordlaan 2
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →REVOR GROUP same network
€ 31.3 million revenue · 2025
Selectivity International same network
SLEEP IN STYLE same network
€ 30,718 gross margin · 2025
GRUPO TOMA INVEST same network
€ -5,233 gross margin · 2025
BEDDINGTON same network
€ 485,000 revenue · 2025
+3 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
- 0459.940.247
- VAT number
- BE 0459.940.247
- Registered office
- Noordlaan 2, 8520 Kuurne
- Names & denominations
- MATRATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 1997
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige kredietverstrekking n.e.g.
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg