Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.1 to 3.9.
Financials
Financial year 2025
B.G. MAT from Chimay, company number BE0477463395, closed financial year 2025 with a result of € 187,912 after tax. For that financial year B.G. MAT recorded a gross margin of € 1.1 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 226,835 to € 187,912. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 17, 2026.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 187,912
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 128,546
▲ € 125,760 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 161,221 paid out
86 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.9
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 261,920
▼ 15% vs 2024
€ 67,200 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.
€ 257,369
▼ 45% vs 2024
Of which on lease € 214,774.
Debts at end 2025
€ 1.8 million
▼ 1% vs 2024
€ 386,680 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 576,861
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 132,166
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,147,817 | € 1,110,735 | € 1,131,508 | € 1,103,536 | ▼ 2% |
| Profit after taxes | € 373,858 | € 220,303 | € 226,835 | € 187,912 | ▼ 17% |
| Equity | € 1,124,192 | € 1,305,143 | € 1,369,674 | € 1,396,364 | ▲ 2% |
| Total debts | € 3,253,462 | € 2,833,282 | € 2,619,299 | € 2,910,714 | ▲ 11% |
| Cash | € 59,492 | € 218,507 | € 2,786 | € 128,546 | ▲ € 125,760 |
| Land & buildings | € 446,948 | € 794,624 | € 950,726 | € 1,075,164 | ▲ 13% |
| Retained profit | € 1,103,152 | € 1,284,103 | € 1,348,634 | € 1,375,324 | ▲ 2% |
| Dividend | € 0 | € 39,352 | € 162,304 | € 161,221 | ▼ 1% |
| Bank debt | € 2,269,811 | € 2,333,436 | € 1,862,609 | € 1,839,081 | ▼ 1% |
| Balance sheet total | € 4,377,654 | € 4,138,425 | € 3,988,973 | € 4,307,078 | ▲ 8% |
| Employees (FTE) | 6.2 | 7.1 | 5.6 | 3.9 | ▼ 1.7 |
Key figures of B.G. MAT, 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 B.G. MAT?
What happened at B.G. MAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 187,912 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Chimay. KBO
- Start of the company according to the CBE. KBO
In short
From € 373,858 profit in 2022 to € 187,912 profit in 2025.
Paid € 324,530 in corporate taxes since 2022.
Best year ever: 2022, with € 373,858 profit.
On average € 283,000 of value added per employee in 2025.
Management
Behind B.G. MAT are Bernard GOTIAUX and Célien GOTIAUX. Bernard GOTIAUX is also behind Association Intercommunale d'Electricité du Sud du Hainaut and T.C.V.G..
Directors
According to the 2025 annual accounts
Bernard GOTIAUX
Director
Also active at: Association Intercommunale d'Electricité du Sud du Hainaut, T.C.V.G.
Célien GOTIAUX
Director
Establishments
Establishment units
Physical locations of this company
Route Charlemagne(BLX) 33
6464 Chimay
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.463.395
- VAT number
- BE 0477.463.395
- Registered office
- Route Charlemagne(BLX) 33, 6464 Chimay
- Names & denominations
- B.G. MAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2002
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Groothandel in gereedschapswerktuigen
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Verhuur en lease van landbouwmachines en -werktuigen
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.