ACTIVE

MATINAM

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Financial year 2025 · Closed on 31/12/2025

Net result100,6 k €+73,5 %over 1 year

Gross margin118,9 k €+140,1 %over 1 year

Equity-264,8 k €+27,5 %over 1 year

Identity

Source · BCE/KBO

MATINAM is a Public limited company incorporated in 2006. Its registered office is in Namur.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0882.063.560
Incorporation: 26/06/2006
Legal form: Public limited company
Registered office: Rue Camille Godefroid(BL) 66
5001 Namur · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	118,9 k €	+140%	49,5 k €	+883%	5 k €	-48.0%	9,7 k €	-29.5%	13,8 k €
EBITDA	117,2 k €	+188%	40,8 k €	+934%	3,9 k €	-27.9%	5,5 k €	-57.4%	12,8 k €
Operating result	64,8 k €	+15011%	429 €	+101%	-56 k €	-3373%	-1,6 k €	-128%	5,8 k €
Net result	100,6 k €	+73.5%	58 k €	+113%	-438,5 k €	-11288%	-3,9 k €	-171%	5,4 k €
Balance sheet
Equity	-264,8 k €	+27.5%	-365,4 k €	+13.7%	-423,3 k €	-2902%	15,1 k €	-20.3%	19 k €
Total assets	4,1 M €	+13.8%	3,6 M €	+47.6%	2,4 M €	+93.2%	1,3 M €	+387%	256,8 k €
Cash	301,8 k €	+499%	50,4 k €	+651%	6,7 k €	-99.3%	908 k €	+1131%	73,8 k €
Debts	4,3 M €	+9.9%	3,9 M €	+38.2%	2,8 M €	+130%	1,2 M €	+420%	237,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RAM0876.540.401Represented by Emmanuel HEINEN	Directorsince 26/06/2006
Rosalie HEINEN	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RAM SA	Director21/10/2018 → 2020 accounts
EMMANUEL HEINEN	Managing director25/06/2012 → 2019 accounts

Other companies at this address

Rue Camille Godefroid(BL) 66 5001 Namur

Company	CBE no.
HEINEN● Active	0779.608.695
RAM● Active	0876.540.401

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged 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	02/07/2026	29/07/2025	28/06/2024	25/08/2023	24/06/2022	20/07/2021
General meeting	18/06/2026	07/07/2025	20/06/2024	03/08/2023	16/06/2022	17/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	02/07/2026	French	PDF
Abridged model	31/12/2024	07/07/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	28/06/2024	French	PDF
Micro model	31/12/2022	03/08/2023	25/08/2023	French	PDF
Abridged model	31/12/2022	03/08/2023	25/08/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	24/06/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	20/07/2021	French	PDF
Micro model	31/12/2019	18/06/2020	16/07/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	23/08/2019	French	PDF
Abridged model	31/12/2017	21/06/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	22/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	13/07/2012	French	PDF
Abridged model	31/12/2010	17/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	18/06/2010	16/07/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	19/06/2009	French	PDF
Abridged model	31/12/2007	26/06/2008	24/07/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RAM0876.540.401Represented by Emmanuel HEINEN	Directorsince 26/06/2006
Rosalie HEINEN	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RAM SA	Director21/10/2018 → 2020 accounts
EMMANUEL HEINEN	Managing director25/06/2012 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates31/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2012
DEMISSIONS, NOMINATIONS
PDF
Other05/07/2006
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

Filings19 filings

Mandates

RAM

Rosalie HEINEN

RAM SA

EMMANUEL HEINEN

200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MATINAM

Rue Camille Godefroid(BL) 66, 5001 Belgrade

Director

Managing directorChairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Camille Godefroid(BL) 66, 5001 BelgradeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00258073

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MATINAMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00258073

Events

2025
Annual accounts 2025100,6 k €↑
2024
Annual accounts 202458 k €↑
2023
Annual accounts 2023-438,5 k €↓
2022
Annual accounts 2022-3,9 k €↓
2021
Annual accounts 20215,4 k €↑
2020
Annual accounts 2020-5 k €↑
2019
Annual accounts 2019-8,2 k €↑
2018
Annual accounts 2018-16,1 k €↓
2017
Annual accounts 2017167,1 k €↑
2016
Annual accounts 2016-26 k €↓
2015
Annual accounts 2015-20 k €↑
2014
Annual accounts 2014-22,1 k €↓
2013
Annual accounts 2013-15 k €↓
2012
Annual accounts 2012-14,4 k €↓
2011
Annual accounts 2011-13 k €↑
2010
Annual accounts 2010-17,5 k €↓
2009
Annual accounts 2009-12,8 k €↑
2008
Annual accounts 2008-31,9 k €↓
2007
Annual accounts 2007-13,6 k €
26/06/2006
IncorporationPublic limited company

MATINAM

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