Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Matco Latex Services from Waregem, company number BE1006541581, closed financial year 2025 with a result of € 263,568 after tax. For that financial year Matco Latex Services recorded revenue of € 25.9 million and equity of € 12 million. Compared with financial year 2024, the result moved from € 526,653 to € 263,568. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 12 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 263,568
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 71,771
▲ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 790,220 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 90,787
€ 90,800 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.
€ 39,918
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.6 million
▲ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 1.6 million
▲ 212% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 59,707
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | - | € 25,933,989 | |
| Gross margin | € -597,821 | - | |
| Profit after taxes | € 526,653 | € 263,568 | ▼ 50% |
| Equity | € 12,493,653 | € 11,967,000 | ▼ 4% |
| Total debts | € 16,559,817 | € 17,383,581 | ▲ 5% |
| Cash | € 41,362 | € 71,771 | ▲ 74% |
| Retained profit | € 526,653 | € 0 | ▼ 100% |
| Dividend | € 0 | € 790,220 | |
| Bank debt | € 11,342,333 | € 12,641,704 | ▲ 11% |
| Balance sheet total | € 29,053,470 | € 29,350,581 | ▲ 1% |
| Employees (FTE) | - | 1 |
Key figures of Matco Latex Services, fiscal years 2024 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 Matco Latex Services?
What happened at Matco Latex Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 263,568 (▼ 50% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Matco NV became a director. NBB
- BHB BV became a director. NBB
In short
From € 526,653 profit in 2024 to € 263,568 profit in 2025.
Best year ever: 2024, with € 526,653 profit.
Paid out € 790,220 in dividends to the owners in total.
Pays suppliers within 23 days on average.
A new publication or filing at Matco Latex Services? We notify you, reason included.
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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 Matco Latex Services are Matco NV and BHB BV. The shares are held by Matco NV (100%). It owns 100% of Matco Chemicals BV itself.
Directors
According to the 2025 annual accounts
Shareholders
Matco NV · holding of BHB BV
100%
Participations
Matco Chemicals BV
100%
Establishments
Establishment units
Physical locations of this company
Textielstraat 26
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Domain
Domain
matcochemicals.com
Registered
2023-08-04
Registrar
Key-Systems GmbH
Expires
2026-08-04
Website info
Features
Security
Network
Details
- Company number
- 1006.541.581
- VAT number
- BE 1006.541.581
- Registered office
- Textielstraat 26, 8790 Waregem
- Names & denominations
- Matco Latex Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2024
- Peppol
- Not registered
- Contact
- matcochemicals.com
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik