Financials
Financial year 2025
MATENWERK from Gent, company number BE0720893706, closed financial year 2025 with a result of € 33,961 after tax. For that financial year MATENWERK recorded a gross margin of € 104,157 and equity of € 107,765. Compared with financial year 2024, the result moved from € 36,450 to € 33,961. The company is profitable. The buffer shrank hard: equity is 62 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 107,765
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,961
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 153,853
▲ € 146,898 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 212,437 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 231
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 351,000
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 17,613
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,617
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 72,447 | € 73,395 | € 86,406 | € 104,157 | ▲ 21% |
| Profit after taxes | € 48,907 | € 48,954 | € 36,450 | € 33,961 | ▼ 7% |
| Equity | € 202,796 | € 250,771 | € 286,240 | € 107,765 | ▼ 62% |
| Total debts | € 385,352 | € 710,009 | € 1,007,065 | € 590,688 | ▼ 41% |
| Cash | € 28,978 | € 20,229 | € 6,954 | € 153,853 | ▲ € 146,898 |
| Retained profit | € 162,796 | € 210,771 | € 246,240 | € 67,765 | ▼ 72% |
| Dividend | € 941 | € 980 | € 980 | € 212,437 | ▲ € 211,457 |
| Bank debt | € 339,120 | € 549,838 | € 697,992 | € 351,000 | ▼ 50% |
| Balance sheet total | € 588,148 | € 960,780 | € 1,293,306 | € 698,453 | ▼ 46% |
Key figures of MATENWERK, 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 MATENWERK?
What happened at MATENWERK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,961 (▼ 7% vs 2024). Source: NBB ↗
- Jeroen Degadt became a director. NBB
- Hanna De Backer stepped down as director. NBB
- New establishment in Gent. KBO
- Benoit Cuvelier became a director. NBB
- Hanna De Backer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,907 profit in 2022 to € 33,961 profit in 2025.
Paid € 64,346 in corporate taxes since 2022.
Best year ever: 2023, with € 48,954 profit.
Paid out € 215,338 in dividends to the owners in total.
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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
Behind MATENWERK are Jeroen Degadt and Benoit Cuvelier. Jeroen Degadt is also behind JAYDEECO.
Directors
According to the 2025 annual accounts
since 2025
Benoit Cuvelier
Director
since 2019
Hanna De Backer
Director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Jan van Aelbroecklaan 34
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0720.893.706
- VAT number
- BE 0720.893.706
- Registered office
- Jan van Aelbroecklaan 34, 9050 Gent
- Names & denominations
- MATENWERK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2019
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
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