Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MATINAL from Oudergem, company number BE0799875361, closed financial year 2025 with a result of € -136,003 after tax. For that financial year MATINAL recorded revenue of € 347,981 and equity of € -211,040. Compared with financial year 2024, the result moved from € -73,140 to € -136,003. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ -211,040
▼ € 136,003 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 12,172 in kind: shares or other assets, valued in the deed.
€ -136,003
▼ 86 % more loss than in 2024
Profit after tax over the fiscal year.
€ 58,851
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -332,760.
People and assets in 2025
3.7
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 125,635
▲ 49% vs 2024
€ 34,000 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.
€ 16,077
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 483,447
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 112,178
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,639
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 324,397 | € 347,981 | ▲ 7% |
| Gross margin | € -61,109 | € 55,556 | € 38,660 | ▼ 30% |
| Profit after taxes | € -123,617 | € -73,140 | € -136,003 | ▼ € 62,863 |
| Equity | € -1,897 | € -75,037 | € -211,040 | ▼ € 136,003 |
| Total debts | € 351,617 | € 483,399 | € 604,264 | ▲ 25% |
| Cash | € 15,508 | € 43,892 | € 58,851 | ▲ 34% |
| Land & buildings | € 150,695 | € 161,229 | € 152,642 | ▼ 5% |
| Retained profit | € -123,617 | € -196,757 | € -332,760 | ▼ € 136,003 |
| Bank debt | € 295,771 | € 396,866 | € 483,447 | ▲ 22% |
| Balance sheet total | € 349,720 | € 408,363 | € 393,224 | ▼ 4% |
| Employees (FTE) | 1.1 | 2.5 | 3.7 | ▲ 1.2 |
Key figures of MATINAL, fiscal years 2023 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 MATINAL?
What happened at MATINAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 136,003. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Elsene. KBO
In short
From € 123,617 loss in 2023 to € 136,003 loss in 2025.
On average € 10,400 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Priorijdreef 25
1160 Oudergem
Franz Merjaystraat 6
1050 Elsene
Active since 23 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →LCEBE
€ 6.7 million gross margin · 2025
JCX IMMO
€ -186,250 gross margin · 2025
JCX GESTION
€ 1.8 million gross margin · 2025
JCMLA HOLDING same network
€ -464,853 gross margin · 2025
BEABSTRACT
€ -445,300 gross margin · 2025
+15 more
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 ↗- JCMLA HOLDING(oprichter) 90%
- RECOUR Régis(oprichter) 10%
Details
- Company number
- 0799.875.361
- VAT number
- BE 0799.875.361
- Registered office
- Priorijdreef 25, 1160 Oudergem
- Names & denominations
- MATINAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2023
- Peppol
- Active · Active since 28 May 2026
- Contact
- [email protected]
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Logistieke diensten
Overige vormen van onderwijs
Catering van evenementen
Overige zakelijke dienstverlening, neg
Detailhandel in chocolade en suikerwerk
Overige vervoerondersteunende activiteiten