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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Matel Consult & Construct from Gent, company number BE0466747271, closed financial year 2025 with a result of € -10,582 after tax. For that financial year Matel Consult & Construct recorded a gross margin of € 72,788 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 26,761 to € -10,582. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,582
▼ still € 26,761 profit in 2024
Profit after tax over the fiscal year.
€ 19,605
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 4,749
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▼ 3% vs 2024
€ 155,196 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 274,146
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,460
▼ 93% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 317,481 | € 427,773 | € 228,364 | € 72,788 | ▼ 68% |
| Profit after taxes | € 445,910 | € 191,890 | € 26,761 | € -10,582 | ▼ € 37,344 |
| Equity | € 1,903,514 | € 2,095,404 | € 2,122,165 | € 2,111,583 | |
| Total debts | € 4,862,579 | € 4,702,920 | € 4,618,409 | € 4,858,062 | ▲ 5% |
| Cash | € 264,688 | € 208,509 | € 116,958 | € 19,605 | ▼ 83% |
| Land & buildings | € 389,603 | € 362,711 | € 371,528 | € 401,755 | ▲ 8% |
| Retained profit | € 1,146,904 | € 1,338,794 | € 1,365,555 | € 1,354,973 | ▼ 1% |
| Bank debt | € 3,108,265 | € 2,946,475 | € 2,801,514 | € 2,720,151 | ▼ 3% |
| Balance sheet total | € 6,822,437 | € 6,854,668 | € 6,796,919 | € 7,025,989 | ▲ 3% |
Key figures of Matel Consult & Construct, 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 Matel Consult & Construct?
What happened at Matel Consult & Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,582 (▼ € 37,344 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
- Caroline Vereenooghe became a director. NBB
- Yves Van Cauwenberghe became a director. NBB
In short
From € 445,910 profit in 2022 to € 10,582 loss in 2025.
Paid € 174,301 in corporate taxes since 2022.
Best year ever: 2022, with € 445,910 profit.
Management
Behind Matel Consult & Construct are Caroline Vereenooghe and Yves Van Cauwenberghe. It owns 100% of Vereenooghe OST, 100% of Vereenooghe HGL, 99.9% of Vereenooghe SEW and 99.2% of Vereenooghe LDL itself.
Directors
According to the 2025 annual accounts
since 1999
since 1999
Establishments
Establishment units
Physical locations of this company
Abeelstraat 24A
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.747.271
- VAT number
- BE 0466.747.271
- Registered office
- Abeelstraat 24A, 9000 Gent
- Names & denominations
- Matel Consult & Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 1999
- Peppol
- Active · Active since 30 Oct 2023
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