Active · per the CBE, 16 September 2026

MATDA RE

BE0832448951

Rechtspersoon Private limited company 1 establishment

MATDA RE is an electrical contractor in Izegem. Private Limited, started on 4 January 2011, 1 establishment.

Leenstraat 25, 8870 Izegem

Behind the company: Sam Tytgat, Lien Defour.

Active for

15 year, 8 months

Financials

Financial year 2025

MATDA RE from Izegem, company number BE0832448951, closed financial year 2025 with a result of € 157,493 after tax. For that financial year MATDA RE recorded a gross margin of € 1.3 million and equity of € 438,927. Compared with financial year 2024, the result moved from € 82,719 to € 157,493. 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 January 7, 2026.

What it is worth Growing

€ 438,927

▲ 56% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 157,493

▲ 90% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 194,110

▲ 40% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 420,327.

People and assets in 2025

Full-time equivalents

13.5

▲ 2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 882,979

▲ 34% vs 2024

€ 65,400 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.

Vehicles and equipment

€ 85,517

▲ 2% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 384,787

▼ 7% vs 2024

€ 81,372 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 222,929

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 126,854

▲ 91% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 762,251 € 943,827 € 928,907 € 1,269,045 ▲ 37%
Profit after taxes € 10,001 € 11,406 € 82,719 € 157,493 ▲ 90%
Equity € 275,250 € 267,255 € 281,433 € 438,927 ▲ 56%
Total debts € 899,431 € 710,556 € 779,400 € 775,956
Cash € 195,596 € 72,217 € 138,568 € 194,110 ▲ 40%
Land & buildings € 390,490 € 354,107 € 324,416 € 287,330 ▼ 11%
Retained profit € 256,650 € 248,655 € 262,833 € 420,327 ▲ 60%
Dividend € 21,215 € 19,402 € 68,541 € 0 ▼ 100%
Bank debt € 613,363 € 444,338 € 415,839 € 384,787 ▼ 7%
Balance sheet total € 1,174,681 € 977,811 € 1,060,833 € 1,214,882 ▲ 15%
Employees (FTE) 12.4 13.2 11.5 13.5 ▲ 2

Key figures of MATDA RE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MATDA RE?

What happened at MATDA RE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 157,493 (▲ 90% vs 2024). Source: NBB ↗
  • New establishment in Izegem. KBO
  • Sam Tytgat became a director. NBB
  • Lien Defour became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 10,001 profit in 2022 to € 157,493 profit in 2025.

Paid € 189,129 in corporate taxes since 2022.

Best year ever: 2025, with € 157,493 profit.

On average € 94,000 of value added per employee in 2025.

Management

Sam Tytgat Lien Defour

Behind MATDA RE are Sam Tytgat and Lien Defour. The same people are also behind MATDA and OKTOW. Sam Tytgat is also behind ACE OF SPACE.

See the full network in the app

Directors

According to the 2025 annual accounts

Sam Tytgat

Director

Also active at: ACE OF SPACE, MATDA, OKTOW

since 2011

Lien Defour

Director

Also active at: MATDA, OKTOW

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Leenstraat 25

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 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
0832.448.951
VAT number
BE 0832.448.951
Registered office
Leenstraat 25, 8870 Izegem
Names & denominations
MATDA RE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
4 January 2011
Peppol
Active · Active since 19 Jan 2026
Activities · NACE

Algemene elektrotechnische installatiewerken

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Frequently asked questions

What does MATDA RE do?
MATDA RE is an electrical contractor in Izegem. Private Limited, started on 4 January 2011, 1 establishment.
What is the address of MATDA RE?
The registered office of MATDA RE is located at Leenstraat 25, 8870 Izegem.
Is MATDA RE still active?
Yes. According to the CBE (16 September 2026) MATDA RE is active, legal situation “Normale toestand”, started on 4 January 2011.
Is MATDA RE registered on Peppol?
Yes, MATDA RE is registered on the Peppol network with ID 0208:0832448951.
What is the enterprise number of MATDA RE?
The enterprise number of MATDA RE is BE0832448951.
When was MATDA RE founded?
MATDA RE was founded on 4 January 2011.