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 15 % of short-term debt in 2025; threshold 65 %.
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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 WEST-VLAANDEREN from Waregem, company number BE0540738574, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year MATEXI WEST-VLAANDEREN recorded a gross margin of € 2.4 million and equity of € 29.8 million. Compared with financial year 2024, the result moved from € 829,306 to € 1.4 million. Profitable, and profit is growing. 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 June 30, 2026.
€ 29.8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 67% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.9 million.
Debts at end 2025
€ 14.1 million
▲ 247% vs 2024
Loans from banks and other lenders, long and short.
€ 125,117
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 628,404
▲ 101% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,288,120 | € 3,188,677 | - | - | |
| Gross margin | - | - | € 631,721 | € 2,424,738 | ▲ 284% |
| Profit after taxes | € 2,539,750 | € 2,103,113 | € 829,306 | € 1,387,540 | ▲ 67% |
| Equity | € 78,254,257 | € 30,357,369 | € 28,386,676 | € 29,774,216 | ▲ 5% |
| Total debts | € 7,499,939 | € 55,752,944 | € 9,356,791 | € 16,336,604 | ▲ 75% |
| Retained profit | € 416,257 | € 2,519,369 | € 548,676 | € 1,936,216 | ▲ 253% |
| Dividend | € 6,610,000 | € 0 | € 2,800,000 | € 0 | ▼ 100% |
| Bank debt | € 3,900,355 | € 3,900,355 | € 4,059,142 | € 14,084,205 | ▲ 247% |
| Balance sheet total | € 85,754,196 | € 86,110,313 | € 37,743,467 | € 46,110,820 | ▲ 22% |
Key figures of MATEXI WEST-VLAANDEREN, 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 WEST-VLAANDEREN?
What happened at MATEXI WEST-VLAANDEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fortjen BV stepped down as director. NBB
- 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 € 1.4 million (▲ 67% vs 2024). Source: NBB ↗
- RisasoN BV became a director. NBB
- VAUBAN NV became a director. NBB
- New establishment in Waregem. KBO
In short
From € 2.5 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.5 million profit.
Paid out € 9.4 million in dividends to the owners in total.
A new publication or filing at MATEXI WEST-VLAANDEREN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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 WEST-VLAANDERENThe shares are held by MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN (100%).
Directors
According to the 2025 annual accounts
Director · represented by Frederik Van Damme
Also active at: Matexi Oost-Vlaanderen, ONTWIKKELINGSMAATSCHAPPIJ HOOGLATEM, DENDER DEVELOPMENT II, Leopoldskazerne, Ontwikkelingsmaatschappij Leopoldskazerne, MATEXI PROJECTS, DENDER LAND, DENDER DEVELOPMENT +2 more
since 2019 · until 2029
Director · represented by Rik Neckebroeck
Also active at: Antwerp Tower, TRADIPLAN, Immo - Vilvo, GALERIE DES CARMES, B&M, MATEXI IMMO INVEST, MATEXI CITY DEVELOPMENT, MATEXI REAL ESTATE FINANCE +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 2019 · 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
No participations in other companies reported.
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
- 0540.738.574
- VAT number
- BE 0540.738.574
- Registered office
- Franklin Rooseveltlaan 180, 8790 Waregem
- Names & denominations
- MATEXI WEST-VLAANDEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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