MATEXI PROJECTS
0821.445.389 · rovalta.com · 22/09/2026
ACTIVE
MATEXI PROJECTS
Financial year 2025 · closed on 31/12/2025
Net result
-14,4 M €
-3.2% YoY
Revenue
196,8 M €
-0.4% YoY
Equity
49,4 M €
-22.6% YoY
Workforce
113,3 ETP
+5.8% YoY
Overview
What does MATEXI PROJECTS do?
MATEXI PROJECTS is a Public limited company incorporated in 2009. Its main activity is: Development of building projects. Its registered office is in Waregem. It employs on average 113,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.445.389
Incorporation
11/12/2009
Legal form
Public limited company
Registered office
Franklin Rooseveltlaan 180
8790 Waregem · FlandreSee on map
8790 Waregem · FlandreSee on map
Contributed capital
80 000 000,00 €
Latest accounts
31/12/2025
Average workforce
113,3 ETP
Activities (NACE)
Joint committees (2)
- 124
- 200
Signals
Good liquidityHealthy social debtsHigh revenue
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 196,8 M € | -0.4% | 197,5 M € | -14.7% | 231,5 M € | -0.6% | 233 M € | -11.5% | 263,1 M € | +19.5% | 220,2 M € | +3.5% | 212,6 M € | +21.0% | 175,8 M € | +1.0% | 174,1 M € | +14.6% | 151,9 M € | +14.0% | 133,2 M € | +17.0% | 113,8 M € | +9.0% | 104,4 M € | +13.9% | 91,6 M € | +23.9% | 73,9 M € | +103% | 36,5 M € |
| EBITDA | -12,5 M € | -72.3% | -7,3 M € | -85.3% | -3,9 M € | -157% | 6,9 M € | +42.6% | 4,9 M € | -33.9% | 7,3 M € | +39.8% | 5,3 M € | +380% | -1,9 M € | -691% | -237,5 k € | +97.0% | -7,8 M € | +40.3% | -13,1 M € | -147% | -5,3 M € | -340% | 2,2 M € | -27.9% | 3,1 M € | +12.0% | 2,7 M € | +120% | 1,2 M € |
| Operating result | -14,4 M € | -49.1% | -9,6 M € | -67.3% | -5,8 M € | -176% | 7,6 M € | +60.3% | 4,7 M € | -35.3% | 7,3 M € | +39.9% | 5,2 M € | +375% | -1,9 M € | -374% | -402,6 k € | +95.2% | -8,3 M € | +10.7% | -9,3 M € | +5.8% | -9,9 M € | -2994% | -320,5 k € | -112% | 2,6 M € | -6.0% | 2,8 M € | +144% | 1,2 M € |
| Net result | -14,4 M € | -3.2% | -14 M € | -54.3% | -9,1 M € | -244% | 6,3 M € | +186% | 2,2 M € | -48.4% | 4,3 M € | +229% | 1,3 M € | +119% | -6,8 M € | -69.0% | -4,1 M € | +65.6% | -11,8 M € | +9.5% | -13 M € | -14.5% | -11,4 M € | -215% | -3,6 M € | -507% | 889,7 k € | -47.2% | 1,7 M € | +88.9% | 891,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 49,4 M € | -22.6% | 63,8 M € | -18.0% | 77,8 M € | -10.4% | 86,9 M € | +7.8% | 80,5 M € | +2.8% | 78,3 M € | +5.8% | 74,1 M € | +1.8% | 72,8 M € | +146% | 29,6 M € | -12.0% | 33,7 M € | +838% | -4,6 M € | -154% | 8,5 M € | -57.3% | 19,8 M € | -15.4% | 23,5 M € | +3.9% | 22,6 M € | +8.1% | 20,9 M € |
| Total assets | 243 M € | +5.6% | 230,1 M € | +10.5% | 208,2 M € | +8.0% | 192,8 M € | -1.1% | 194,9 M € | -12.2% | 221,9 M € | +6.7% | 208,1 M € | +4.7% | 198,7 M € | +24.4% | 159,7 M € | +20.3% | 132,7 M € | +18.1% | 112,4 M € | +17.4% | 95,7 M € | -5.5% | 101,3 M € | +2.5% | 98,8 M € | +58.0% | 62,5 M € | +4.0% | 60,1 M € |
| Cash | 38,8 k € | +0.3% | 38,7 k € | +2871% | 1,3 k € | -54.7% | 2,9 k € | -99.5% | 601 k € | +1364% | 41 k € | -6.7% | 44 k € | -51.8% | 91,2 k € | +108% | 43,8 k € | -84.2% | 277 k € | -2.4% | 283,7 k € | +49.8% | 189,4 k € | -63.6% | 520,5 k € | +55.6% | 334,5 k € | +92.6% | 173,7 k € | – | |
| Debts | 185,5 M € | +16.3% | 159,5 M € | +26.7% | 126 M € | +21.8% | 103,4 M € | -6.7% | 110,8 M € | -21.0% | 140,4 M € | +7.1% | 131,1 M € | +6.2% | 123,4 M € | -3.1% | 127,4 M € | +32.6% | 96,1 M € | -14.8% | 112,7 M € | +34.2% | 84 M € | +7.4% | 78,2 M € | +9.5% | 71,4 M € | +84.2% | 38,7 M € | +1.4% | 38,2 M € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 113,3 ETP | +5.8% | 107,1 ETP | -10.6% | 119,8 ETP | -3.9% | 124,6 ETP | +5.1% | 118,6 ETP | +2.5% | 115,7 ETP | +0.7% | 114,9 ETP | -3.8% | 119,4 ETP | +1.5% | 117,6 ETP | +6.8% | 110,1 ETP | +15.3% | 95,5 ETP | +28.4% | 74,4 ETP | +14.1% | 65,2 ETP | +24.2% | 52,5 ETP | +15.1% | 45,6 ETP | +14.6% | 39,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 52 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Active
Ended mandates
At this address
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HET SCHEPENHOF- LES JARDINS DE L'ECHEVINAGE● Liquidation | 0442.345.635 |
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KEIZER VASTGOED● Active | 0474.402.056 |
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MATEXI CITY DEVELOPMENT● Active | 0460.631.818 |
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/07/2026 | 01/07/2025 | 28/06/2024 | 13/06/2023 | 18/07/2022 | 05/07/2021 |
| General meeting | 29/06/2026 | 20/06/2025 | 10/06/2024 | 08/06/2023 | 24/06/2022 | 30/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 29/06/2026 | 27/07/2026 | Dutch | |
| Full model | 31/12/2024 | 20/06/2025 | 01/07/2025 | Dutch | |
| Full model | 31/12/2023 | 10/06/2024 | 28/06/2024 | Dutch | |
| Full model | 31/12/2022 | 08/06/2023 | 13/06/2023 | Dutch | |
| Full model | 31/12/2021 | 24/06/2022 | 18/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 05/07/2021 | Dutch | |
| Full model | 31/12/2019 | 08/06/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 16/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 29/06/2018 | Dutch | |
| Full model | 31/12/2016 | 27/06/2017 | 25/08/2017 | Dutch | |
| Full model | 31/12/2015 | 30/06/2016 | 01/08/2016 | Dutch | |
| Full model | 31/12/2014 | 12/08/2015 | 31/08/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 25/08/2014 | Dutch | |
| Full model | 31/12/2012 | 03/06/2013 | 17/07/2013 | Dutch | |
| Full model | 31/12/2011 | 04/06/2012 | 29/06/2012 | Dutch | |
| Full model | 31/12/2010 | 06/06/2011 | 18/07/2011 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 52 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/04/2026KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates12/03/2025ONTSLAGEN - BENOEMINGEN
- Mandates29/08/2024ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates24/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates06/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates28/10/2021ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 23/04/2026augmentation_capital
- 23/04/2026reduction_capital
- 2025Annual accounts 2025-14,4 M €↓
- 2024Annual accounts 2024-14 M €↓
- 01/12/2024nominationJOINED 4CS BV — bestuurder
- 15/06/2024nominationMartine Rorif — bestuurder
- 20/03/2024nominationDVauban NV — bestuurder
- 20/03/2024nominationRisasoN BV — bestuurder
- 2023Annual accounts 2023-9,1 M €↓
- 2022Annual accounts 20226,3 M €↑
- 2021Annual accounts 20212,2 M €↓
- 2020Annual accounts 20204,3 M €↑
- 2019Annual accounts 20191,3 M €↑
- 2018Annual accounts 2018-6,8 M €↓
- 2017Annual accounts 2017-4,1 M €↑
- 2016Annual accounts 2016-11,8 M €↑
- 2015Annual accounts 2015-13 M €↓
- 2014Annual accounts 2014-11,4 M €↓
- 2013Annual accounts 2013-3,6 M €↓
- 2012Annual accounts 2012889,7 k €↓
- 2011Annual accounts 20111,7 M €↑
- 2010Annual accounts 2010891,7 k €
- 11/12/2009IncorporationPublic limited company