What does MATRIXDECOR do?

MATRIXDECOR is a rental company in Tielt. Private Limited, started on 19 May 2008, 1 establishment.

What is the address of MATRIXDECOR?

The registered office of MATRIXDECOR is located at Oude Diksmuidse Boterweg 7A, 8760 Tielt.

Is MATRIXDECOR still active?

Yes. According to the CBE (30 October 2026) MATRIXDECOR is active, legal situation “Normale toestand”, started on 19 May 2008.

Is MATRIXDECOR registered on Peppol?

Yes, MATRIXDECOR is registered on the Peppol network with ID 0208:0898131611.

What is the enterprise number of MATRIXDECOR?

The enterprise number of MATRIXDECOR is BE0898131611.

When was MATRIXDECOR founded?

MATRIXDECOR was founded on 19 May 2008.

Who are the directors of MATRIXDECOR?

According to the 2025 annual accounts, the directors of MATRIXDECOR are: ALTUM MANAGEMENT BV, VANMECHELEN-KELLENS BV, Leen Kellens, THOLEAU BV.

Is MATRIXDECOR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 May 2008; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did MATRIXDECOR make in 2025?

MATRIXDECOR posted a profit after taxes of € 683,322 in financial year 2025.

What is the revenue of MATRIXDECOR?

As a small company, MATRIXDECOR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,575,472.

How much does an employee at MATRIXDECOR earn?

The average wage cost per full-time employee at MATRIXDECOR was € 46,900 in 2025: staff costs of € 271,769 for 5.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MATRIXDECOR have?

According to the 2025 annual accounts, MATRIXDECOR has 5.8 full-time equivalents (FTE).

MATRIXDECOR (Private Limited) - Tielt - BE0898131611

Dossier MATRIXDECOR, printed on 30 October 2026 from databakkes.be/en/0898131611/matrixdecor. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MATRIXDECOR from Tielt, company number BE0898131611, closed financial year 2025 with a result of € 683,322 after tax. For that financial year MATRIXDECOR recorded a gross margin of € 1.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 393,754 to € 683,322. 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 July 9, 2026.

What it is worth Growing

€ 3 million

▲ 115% vs 2024

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

Profit Growing

€ 683,322

▲ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▲ € 1.1 million vs 2024

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

Where the profit goes Pays out

€ 57,255 paid out

8 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

5.8

▲ 1.8 vs 2024

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

Wage cost

€ 271,769

▲ 68% vs 2024

€ 46,900 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

€ 1.8 million

▲ € 1.7 million vs 2024

Of which on lease € 1.8 million.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.8 million

▲ € 2.2 million vs 2024

€ 235,462 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 48,673

▼ 68% vs 2024

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

Taxes and wages

€ 116,699

▲ 253% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 596,521 Gross margin 2022: € 596,521 First fiscal year in the series	€ 466,657 Gross margin 2023: € 466,657 ▼ 22% vs 2022 (€ 596,521) Unfavourable step	€ 903,255 Gross margin 2024: € 903,255 ▲ 94% vs 2023 (€ 466,657) Favourable step	€ 1,575,472 Gross margin 2025: € 1,575,472 ▲ 74% vs 2024 (€ 903,255) Favourable step	▲ 74%
Profit after taxes	€ 190,337 Profit after taxes 2022: € 190,337 First fiscal year in the series	€ 142,307 Profit after taxes 2023: € 142,307 ▼ 25% vs 2022 (€ 190,337) Unfavourable step	€ 393,754 Profit after taxes 2024: € 393,754 ▲ 177% vs 2023 (€ 142,307) Favourable step	€ 683,322 Profit after taxes 2025: € 683,322 ▲ 74% vs 2024 (€ 393,754) Favourable step	▲ 74%
Equity	€ 964,902 Equity 2022: € 964,902 First fiscal year in the series	€ 1,107,209 Equity 2023: € 1,107,209 ▲ 15% vs 2022 (€ 964,902) Favourable step	€ 1,417,956 Equity 2024: € 1,417,956 ▲ 28% vs 2023 (€ 1,107,209) Favourable step	€ 3,044,023 Equity 2025: € 3,044,023 ▲ 115% vs 2024 (€ 1,417,956) Favourable step	▲ 115%
Total debts	€ 1,165,345 Total debts 2022: € 1,165,345 First fiscal year in the series	€ 1,025,644 Total debts 2023: € 1,025,644 ▼ 12% vs 2022 (€ 1,165,345) Favourable step	€ 745,270 Total debts 2024: € 745,270 ▼ 27% vs 2023 (€ 1,025,644) Favourable step	€ 2,954,695 Total debts 2025: € 2,954,695 ▲ 296% vs 2024 (€ 745,270) Unfavourable step	▲ 296%
Cash	€ 39,070 Cash 2022: € 39,070 First fiscal year in the series	€ 153,615 Cash 2023: € 153,615 ▲ 293% vs 2022 (€ 39,070) Favourable step	€ 197,243 Cash 2024: € 197,243 ▲ 28% vs 2023 (€ 153,615) Favourable step	€ 1,329,668 Cash 2025: € 1,329,668 ▲ € 1.1 million vs 2024 (€ 197,243) Favourable step	▲ € 1.1 million
Land & buildings	€ 497,336 Land & buildings 2022: € 497,336 First fiscal year in the series	€ 566,077 Land & buildings 2023: € 566,077 ▲ 14% vs 2022 (€ 497,336) Unchanged	€ 518,613 Land & buildings 2024: € 518,613 ▼ 8% vs 2023 (€ 566,077) Unchanged	€ 1,346,324 Land & buildings 2025: € 1,346,324 ▲ 160% vs 2024 (€ 518,613) Unchanged	▲ 160%
Retained profit	€ 544,442 Retained profit 2022: € 544,442 First fiscal year in the series	€ 686,749 Retained profit 2023: € 686,749 ▲ 26% vs 2022 (€ 544,442) Favourable step	€ 997,496 Retained profit 2024: € 997,496 ▲ 45% vs 2023 (€ 686,749) Favourable step	€ 1,625,423 Retained profit 2025: € 1,625,423 ▲ 63% vs 2024 (€ 997,496) Favourable step	▲ 63%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 83,007 Dividend 2024: € 83,007 Unchanged (€ 0) Unchanged	€ 57,255 Dividend 2025: € 57,255 ▼ 31% vs 2024 (€ 83,007) Unchanged	▼ 31%
Bank debt	€ 809,937 Bank debt 2022: € 809,937 First fiscal year in the series	€ 854,228 Bank debt 2023: € 854,228 ▲ 5% vs 2022 (€ 809,937) Unfavourable step	€ 555,765 Bank debt 2024: € 555,765 ▼ 35% vs 2023 (€ 854,228) Favourable step	€ 2,777,441 Bank debt 2025: € 2,777,441 ▲ € 2.2 million vs 2024 (€ 555,765) Unfavourable step	▲ € 2.2 million
Balance sheet total	€ 2,130,247 Balance sheet total 2022: € 2,130,247 First fiscal year in the series	€ 2,132,852 Balance sheet total 2023: € 2,132,852 Unchanged (€ 2,130,247) Unchanged	€ 2,163,226 Balance sheet total 2024: € 2,163,226 ▲ 1% vs 2023 (€ 2,132,852) Unchanged	€ 5,998,719 Balance sheet total 2025: € 5,998,719 ▲ 177% vs 2024 (€ 2,163,226) Unchanged	▲ 177%
Employees (FTE)	3.6 Employees (FTE) 2022: 3.6 First fiscal year in the series	3.9 Employees (FTE) 2023: 3.9 ▲ 0.3 vs 2022 (3.6) Unchanged	4 Employees (FTE) 2024: 4 ▲ 0.1 vs 2023 (3.9) Unchanged	5.8 Employees (FTE) 2025: 5.8 ▲ 1.8 vs 2024 (4) Unchanged	▲ 1.8

Key figures of MATRIXDECOR, 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 MATRIXDECOR?

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

Jul 9, 2026 New annual accounts for financial year 2025: profit of € 683,322 (▲ 74% vs 2024). Source: NBB ↗
2026 ALTUM MANAGEMENT BV became a director. NBB
2026 THOLEAU BV stepped down as director. NBB
2025 Leen Kellens became a director. NBB
2025 THOLEAU BV became a director. NBB
2015 VANMECHELEN-KELLENS BV became a director. NBB
Jul 4, 2008 New establishment in Tielt. KBO
May 19, 2008 Start of the company according to the CBE. KBO

In short

From € 190,337 profit in 2022 to € 683,322 profit in 2025.

Paid € 404,626 in corporate taxes since 2022.

Best year ever: 2025, with € 683,322 profit.

On average € 271,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Salmanazar 17.3%

The stake of Salmanazar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MATRIXDECOR

MatrixDecor Support 99.5%

Behind MATRIXDECOR are ALTUM MANAGEMENT BV, VANMECHELEN-KELLENS BV and Leen Kellens. The shares are held by Salmanazar (17.3%). It owns 99.5% of MatrixDecor Support itself.

Directors

According to the 2025 annual accounts

ALTUM MANAGEMENT BV

Director · represented by Thomas VAN DE MOORTEL

Also active at: AKODOMO, SEIDO Solutions, SEIDO SYSTEMS

since 2026

VANMECHELEN-KELLENS BV

Director · represented by Sven Vanmechelen

Also active at: MatrixDecor Support

since 2015

Leen Kellens

Director

Also active at: VANMECHELEN-KELLENS

since 2025

THOLEAU BV

Director · represented by Thomas VAN DE MOORTEL

Also active at: PRO - PLAN, VM Beheer, Stonetales Properties, Vande Moortel Services, HA@BW, BO - CLEANING, Trema, Family Equity Fund +14 more

since 2025 · until 2026

Shareholders

Salmanazar

17.3%

Participations

MatrixDecor Support

99.5%

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Diksmuidse Boterweg 7A

8760 Tielt

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 →

MatrixDecor Support same network

€ 377,792 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0898.131.611

VAT number

BE 0898.131.611

Registered office

Oude Diksmuidse Boterweg 7A, 8760 Tielt

Names & denominations

MATRIXDECOR

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 May 2008

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

Verhuur en lease van andere machines en werktuigen en andere materiële goederen

Vervaardiging van metalen constructiewerken en delen daarvan

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

MATRIXDECOR

Financials

What happened to MATRIXDECOR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions