ACTIVE

MATEXI PROJECTS

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Financial year 2025 · Closed on 31/12/2025

Net result-14,4 M €-3,2 %over 1 year

Revenue196,8 M €-0,4 %over 1 year

Equity49,4 M €-22,6 %over 1 year

Workforce113,3 ETP+5,8 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital: 80 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 113,3 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate

Joint committees (2)

Signals

Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	-12,5 M €	-72.3%	-7,3 M €	-85.3%	-3,9 M €	-157%	6,9 M €	+42.6%	4,9 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 €
Net result	-14,4 M €	-3.2%	-14 M €	-54.3%	-9,1 M €	-244%	6,3 M €	+186%	2,2 M €
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 €
Total assets	243 M €	+5.6%	230,1 M €	+10.5%	208,2 M €	+8.0%	192,8 M €	-1.1%	194,9 M €
Cash	38,8 k €	+0.3%	38,7 k €	+2871%	1,3 k €	-54.7%	2,9 k €	-99.5%	601 k €
Debts	185,5 M €	+16.3%	159,5 M €	+26.7%	126 M €	+21.8%	103,4 M €	-6.7%	110,8 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

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOINED 4CS0876.790.621Represented by Kristof Restiau	Director01/12/2024 → 04/06/2029
Martine Rorif1008.634.704Represented by Martine Rorif	Director15/06/2024 → 04/06/2029
RisasoN0471.645.771Represented by Rik Neckebroeck	Director20/03/2024 → 04/06/2029
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Director01/12/2011 → 04/06/2029Chairman of the board of directors01/12/2011 → 2013 accountsended
BOOST+0736.406.281Represented by Sophie Bouckaert	Director27/10/2023 → 04/06/2029
DW CONSULTING0844.425.580Represented by Kristoff De Winne	Director01/09/2021 → 04/06/2029
Fortjen0717.889.773Represented by Frederik Van Damme	Director01/09/2021 → 04/06/2029
Kalius0690.845.282Represented by Didier Delplanque	Director01/09/2021 → 04/06/2029
De Blauwhoeve0810.472.018Represented by Ivan Van de Maele	Director01/06/2011 → 04/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
R.ORTMANS0891.530.661Represented by Regis Ortmans	Directorlisted until the 2021 accounts

Other companies at this address

Franklin Rooseveltlaan 180 8790 Waregem

Company	CBE no.
Antwerp Tower● Active	0406.301.029
DE BURKEL● Active	0438.188.887
DENDER DEVELOPMENT● Active	0839.991.888
DENDER DEVELOPMENT II● Active	0674.897.096
DENDER LAND● Active	0839.990.997
DE PORRE● Active	1028.224.249
GALERIE DES CARMES● Active	0439.239.655
HET SCHEPENHOF- LES JARDINS DE L'ECHEVINAGE● Liquidation	0442.345.635
HOOGLATEM● Active	0884.210.824
Immo B-Hive● Active	1017.696.284
KEIZER VASTGOED● Active	0474.402.056
Leopoldskazerne● Active	0691.653.253
MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN● Active	0405.580.655
MATEXI CITY DEVELOPMENT● Active	0460.631.818
MATEXI GROUP● Active	0776.928.428
MATEXI REAL ESTATE FINANCE● Active	0462.300.812
MATEXI WEST-VLAANDEREN● Active	0540.738.574
METROPOOL VASTGOED● Active	0474.818.067
Neighbourhood Improvement Fund● Active	1029.791.194
Nieuw Brugge● Active	0899.111.014

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	08/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	25/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	01/08/2016	Dutch	PDF
Full model	31/12/2014	12/08/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	25/08/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	18/07/2011	Dutch	PDF

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOINED 4CS0876.790.621Represented by Kristof Restiau	Director01/12/2024 → 04/06/2029
Martine Rorif1008.634.704Represented by Martine Rorif	Director15/06/2024 → 04/06/2029
RisasoN0471.645.771Represented by Rik Neckebroeck	Director20/03/2024 → 04/06/2029
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Director01/12/2011 → 04/06/2029Chairman of the board of directors01/12/2011 → 2013 accountsended
BOOST+0736.406.281Represented by Sophie Bouckaert	Director27/10/2023 → 04/06/2029
DW CONSULTING0844.425.580Represented by Kristoff De Winne	Director01/09/2021 → 04/06/2029
Fortjen0717.889.773Represented by Frederik Van Damme	Director01/09/2021 → 04/06/2029
Kalius0690.845.282Represented by Didier Delplanque	Director01/09/2021 → 04/06/2029
De Blauwhoeve0810.472.018Represented by Ivan Van de Maele	Director01/06/2011 → 04/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
R.ORTMANS0891.530.661Represented by Regis Ortmans	Directorlisted until the 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/04/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

JOINED 4CS

Martine Rorif

RisasoN

VAUBAN

Kalius

Fortjen

BOOST+

DW CONSULTING

De Blauwhoeve

R.ORTMANS

Movens

LOUPAU

Show the 8 other mandates

200920102011201220132014201520162017201820192020202120222023202420252026202720282029

MATEXI PROJECTS

Franklin Rooseveltlaan 180, 8790 Waregem

Director

DirectorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Franklin Rooseveltlaan 180, 8790 WaregemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00360743

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MATEXI PROJECTSCurrent	accounts 2010 → 2025	Accounts 2025 · 2026-00360743

Events

23/04/2026
augmentation_capital
23/04/2026
reduction_capital
2025
Annual accounts 2025-14,4 M €↓
2024
Annual accounts 2024-14 M €↓
01/12/2024
nominationJOINED 4CS BV · bestuurder
15/06/2024
nominationMartine Rorif · bestuurder
20/03/2024
nominationDVauban NV · bestuurder
20/03/2024
nominationRisasoN BV · bestuurder
2023
Annual accounts 2023-9,1 M €↓
2022
Annual accounts 20226,3 M €↑
2021
Annual accounts 20212,2 M €↓
2020
Annual accounts 20204,3 M €↑
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 2018-6,8 M €↓
2017
Annual accounts 2017-4,1 M €↑
2016
Annual accounts 2016-11,8 M €↑
2015
Annual accounts 2015-13 M €↓
2014
Annual accounts 2014-11,4 M €↓
2013
Annual accounts 2013-3,6 M €↓
2012
Annual accounts 2012889,7 k €↓
2011
Annual accounts 20111,7 M €↑
2010
Annual accounts 2010891,7 k €
11/12/2009
IncorporationPublic limited company

MATEXI PROJECTS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events