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 58 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Matthijs Debaeke from Nieuwpoort, company number BE0645755526, closed financial year 2024 with a result of € 2,490 after tax. For that financial year Matthijs Debaeke recorded a gross margin of € 21,797 and equity of € 33,347. Compared with financial year 2023, the result moved from € -51,901 to € 2,490. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 33,347
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,490
▲ still € 51,901 loss in 2023
Profit after tax over the fiscal year.
€ 23,000
▲ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 20,947.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 176,378
▼ 15% vs 2023
Loans from banks and other lenders, long and short.
€ 61,877
▲ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,248
▼ 41% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 73,519 | € 7,303 | € -31,730 | € 21,797 | ▲ € 53,527 |
| Profit after taxes | € 28,168 | € -16,087 | € -51,901 | € 2,490 | ▲ € 54,391 |
| Equity | € 98,845 | € 82,758 | € 30,857 | € 33,347 | ▲ 8% |
| Total debts | € 947,700 | € 792,289 | € 288,685 | € 273,129 | ▼ 5% |
| Cash | € 85,322 | € 455 | € 18,370 | € 23,000 | ▲ 25% |
| Retained profit | € 86,445 | € 70,358 | € 18,457 | € 20,947 | ▲ 13% |
| Bank debt | € 66,563 | € 230,664 | € 208,537 | € 176,378 | ▼ 15% |
| Balance sheet total | € 1,068,545 | € 875,047 | € 319,542 | € 306,476 | ▼ 4% |
Key figures of Matthijs Debaeke, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Matthijs Debaeke?
What happened at Matthijs Debaeke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,490. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Kortemark. KBO
In short
From € 28,168 profit in 2021 to € 2,490 profit in 2024.
Paid € 10,753 in corporate taxes since 2021.
Best year ever: 2021, with € 28,168 profit.
Management
Behind Matthijs Debaeke is MATTHIJS DEBAEKE.
Directors
According to the 2024 annual accounts
MATTHIJS DEBAEKE
Director
Establishments
Establishment units
Physical locations of this company
Frans Courtenslaan 8
8620 Nieuwpoort
Staatsbaan 88
8610 Kortemark
Active since 8 January 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Matthijs Denis André Debaeke(oprichter) 100%
Details
- Company number
- 0645.755.526
- VAT number
- BE 0645.755.526
- Registered office
- Frans Courtenslaan 8, 8620 Nieuwpoort
- Names & denominations
- Matthijs Debaeke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2016
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in andere motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling