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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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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MATEXI CITY DEVELOPMENT from Waregem, company number BE0460631818, closed financial year 2025 with a result of € 2,402 after tax. For that financial year MATEXI CITY DEVELOPMENT recorded a gross margin of € -185,769 and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 129,732 to € 2,402. 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 July 10, 2026.
€ 5.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,402
▼ 98% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 754,332.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,991
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,536
▼ 83% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 212,912 | € -621,412 | € -429,521 | € -185,769 | ▲ € 243,751 |
| Profit after taxes | € 628,337 | € 291,512 | € 129,732 | € 2,402 | ▼ 98% |
| Equity | € 26,780,686 | € 6,072,198 | € 5,751,930 | € 5,754,332 | |
| Total debts | € 2,034,637 | € 21,854,216 | € 1,546,578 | € 64,177 | ▼ 96% |
| Cash | € 758 | - | - | - | |
| Retained profit | € 780,686 | € 1,072,198 | € 751,930 | € 754,332 | |
| Dividend | € 3,795,000 | € 0 | € 450,000 | € 0 | ▼ 100% |
| Balance sheet total | € 28,951,784 | € 28,062,874 | € 7,298,509 | € 5,818,509 | ▼ 20% |
Key figures of MATEXI CITY DEVELOPMENT, 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 MATEXI CITY DEVELOPMENT?
What happened at MATEXI CITY DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RisasoN BV stepped down as director. NBB
- De Blauwhoeve BV stepped down as director. NBB
- Vauban NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,402 (▼ 98% vs 2024). Source: NBB ↗
- RisasoN BV became a director. NBB
- Vauban NV became a director. NBB
- De Blauwhoeve BV became a director. NBB
- New establishment in Waregem. KBO
In short
From € 628,337 profit in 2022 to € 2,402 profit in 2025.
Paid € 101,741 in corporate taxes since 2022.
Best year ever: 2022, with € 628,337 profit.
Paid out € 4.2 million in dividends to the owners in total.
Management
The stake of MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MATEXI CITY DEVELOPMENTThe shares are held by MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN (100%). It owns 49% of Militair Hospitaal Antwerpen itself.
Directors
According to the 2025 annual accounts
Director · represented by Rik Neckebroeck
Also active at: Antwerp Tower, TRADIPLAN, Immo - Vilvo, GALERIE DES CARMES, B&M, MATEXI IMMO INVEST, MATEXI REAL ESTATE FINANCE, KEIZER VASTGOED +46 more
since 2024 · until 2029
Director · represented by Ivan Van de Maele
Also active at: Antwerp Tower, TRADIPLAN, Immo - Vilvo, Sibomat, DE BURKEL, GALERIE DES CARMES, B&M, MATEXI IMMO INVEST +41 more
since 2023 · until 2029
Director · represented by Gaëtan Hannecart
Also active at: Louis Delhaize - Compagnie franco-belge d'Alimentation, FINANCIERE DE TUBIZE, MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN, Antwerp Tower, TRADIPLAN, Immo - Vilvo, Sibomat, ABACUS GROUP +44 more
since 2024 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 180
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN same network
€ 28.3 million revenue · 2025
Antwerp Tower same network
€ 51,569 gross margin · 2025
TRADIPLAN same network
€ -68,909 gross margin · 2025
DE BURKEL same network
€ -3,110 gross margin · 2024
GALERIE DES CARMES same network
€ -113,947 gross margin · 2025
+21 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
- 0460.631.818
- VAT number
- BE 0460.631.818
- Registered office
- Franklin Rooseveltlaan 180, 8790 Waregem
- Names & denominations
- MATEXI CITY DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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