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 25 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MATICS from Oostende, company number BE0687850754, closed financial year 2025 with a result of € 42,034 after tax. For that financial year MATICS recorded a gross margin of € 62,607 and equity of € 60,634. Compared with financial year 2024, the result moved from € 23,033 to € 42,034. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 60,634
▲ 84% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,034
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 13,780
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,350 paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,359
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 216,897
▼ 13% vs 2024
€ 33,195 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 5,253
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,043
▲ 116% 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 | € 49,015 | € 35,121 | € 40,339 | € 62,607 | ▲ 55% |
| Profit after taxes | € 30,417 | € 22,527 | € 23,033 | € 42,034 | ▲ 82% |
| Equity | € 21,890 | € 21,917 | € 32,950 | € 60,634 | ▲ 84% |
| Total debts | € 41,935 | € 25,194 | € 266,399 | € 242,005 | ▼ 9% |
| Cash | € 17,991 | € 28,880 | € 21,435 | € 13,780 | ▼ 36% |
| Land & buildings | € 6,171 | € 4,198 | € 2,225 | € 520 | ▼ 77% |
| Retained profit | € 3,290 | € 3,317 | € 14,350 | € 42,034 | ▲ 193% |
| Dividend | € 35,294 | € 22,500 | € 12,000 | € 14,350 | ▲ 20% |
| Bank debt | € 0 | € 0 | € 249,000 | € 216,897 | ▼ 13% |
| Balance sheet total | € 63,825 | € 47,111 | € 299,349 | € 302,639 | ▲ 1% |
Key figures of MATICS, 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 MATICS?
What happened at MATICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,034 (▲ 82% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,417 profit in 2022 to € 42,034 profit in 2025.
Paid € 44,955 in corporate taxes since 2022.
Best year ever: 2025, with € 42,034 profit.
Paid out € 84,144 in dividends to the owners in total.
Management
Behind MATICS is Mathias De Croock. Mathias De Croock is also behind D'HONDT INSURANCE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ibisstraat 12
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.850.754
- VAT number
- BE 0687.850.754
- Registered office
- Ibisstraat 12, 8400 Oostende
- Names & denominations
- MATICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2018
- Peppol
- Not registered
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