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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MATIRO from Ninove, company number BE0861724046, closed financial year 2025 with a result of € 28,022 after tax. For that financial year MATIRO recorded a gross margin of € 86,405 and equity of € 186,855. Compared with financial year 2024, the result moved from € 23,362 to € 28,022. 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 December 11, 2025.
€ 186,855
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,022
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 1,081
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 124,855.
Debts at end 2025
€ 417,409
▼ 10% vs 2024
€ 48,934 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 918
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,890
▼ 21% 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 | € 73,175 | € 60,763 | € 76,734 | € 86,405 | ▲ 13% |
| Profit after taxes | € 25,520 | € 11,137 | € 23,362 | € 28,022 | ▲ 20% |
| Equity | € 234,462 | € 159,717 | € 158,833 | € 186,855 | ▲ 18% |
| Total debts | € 565,476 | € 536,054 | € 483,292 | € 462,952 | ▼ 4% |
| Cash | € 57,948 | € 9,581 | € 665 | € 1,081 | ▲ 63% |
| Land & buildings | € 545,103 | € 582,947 | € 563,354 | € 628,307 | ▲ 12% |
| Retained profit | € 172,462 | € 97,717 | € 96,833 | € 124,855 | ▲ 29% |
| Dividend | € 0 | € 85,882 | € 24,246 | € 0 | ▼ 100% |
| Bank debt | € 550,513 | € 506,568 | € 461,594 | € 417,409 | ▼ 10% |
| Balance sheet total | € 799,939 | € 695,771 | € 642,126 | € 649,808 | ▲ 1% |
Key figures of MATIRO, 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 MATIRO?
What happened at MATIRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,022 (▲ 20% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
In short
From € 25,520 profit in 2022 to € 28,022 profit in 2025.
Paid € 31,059 in corporate taxes since 2022.
Best year ever: 2025, with € 28,022 profit.
Paid out € 110,127 in dividends to the owners in total.
Management
Behind MATIRO are Adelbert Matthijs and Liesbet De Smet. Adelbert Matthijs is also behind MATTHIJS EN CO, MATTHIJS PLEISTERWERKEN and MATTHIJS BOUW.
Directors
According to the 2025 annual accounts
Adelbert Matthijs
Managing director
Also active at: MATTHIJS EN CO, MATTHIJS PLEISTERWERKEN, MATTHIJS BOUW
Liesbet De Smet
Director
Establishments
Establishment units
Physical locations of this company
't Angereelstraat(App) 2
9400 Ninove
Appelterre-Dorp(App) 20
9400 Ninove
Active since 16 October 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.724.046
- VAT number
- BE 0861.724.046
- Registered office
- 't Angereelstraat(App) 2, 9400 Ninove
- Names & denominations
- MATIRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2003
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Secretariaten
Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
Handel in eigen onroerend goed
Handel in onroerend goed