Matexi Polska: corporate bonds on Catalyst
Matexi Polska has 1 bond series listed on Catalyst with an issue value of PLN 105m. Next maturity: MAT0630, PLN 105m, 11 June 2030. Net debt / EBITDA: 20.48× (2025 annual report).
Key figures
2025 annual report (matexicms.indigital.pl) · as at 11 Nov 2026Data on series and maturity dates come from GPW Catalyst. This page describes the company’s data and is not an investment recommendation.
Matexi Polska Holding & Finance S.A. is a Warsaw-based holding company that finances the Matexi development group in Poland. Its subsidiaries build flats in Warsaw and Kraków, and the owner is the Belgian Matexi group. Its bonds on Catalyst are unsecured.
Financial results
PLN million, consolidated figures where the company publishes them; figures from the company’s reports. A dash (–) means the figure is not in our database.
| Item | 2023 | 2024 | 2025 | 6M 2026 |
|---|---|---|---|---|
| Revenue | 29.0 | 30.5* | 297.0 | 135.0* |
| Operating profit (EBIT) | 0.11* | 0.89* | 16.3 | 11.6* |
| Net profit | 0.03 | 0.27 | −23.5 | −7.56* |
| Total assets | 301.3 | 377.4 | 1,320.8 | 1,324.8 |
| Equity | 1.11 | 1.38 | 584.2 | 576.7 |
| Total liabilities | 300.2 | 376.0 | 736.6 | 748.1 |
| Cash and cash equivalents | 2.36 | 0.17 | 61.3* | 103.3* |
* Figure matches the company document (annual report for 2024; half-year report for H1 2026; annual report for 2025) but has not yet been confirmed by a later report.
Sources: company data (matexicms.indigital.pl), annual report for 2024, annual report for 2025, half-year report for H1 2026.
Debt and repayment capacity
Ratios based on annual reports (consolidated), using only figures verified against the company’s filings. A dash (–) means the figure is not available; a negative interest cover means an operating loss.
| Ratio | 2024 | 2025 |
|---|---|---|
| Interest cover (how many times operating profit covers interest expense) | – | 0.40× (EBITDA) |
| Net debt / EBITDA (years of operating profit before depreciation needed to cover the debt) | 413.60× | 20.48× |
| Net debt / equity (net debt relative to shareholders’ equity) | 267.12× | 0.60× |
| Equity / total assets (share of assets financed by equity) | – | 44.2% |
| Operating cash flow − capital expenditure (PLN million, cash from operations after investment) | −10.1 | 120.8 |
Sources: 2024 annual report.
Bonds on Catalyst
| Series | Maturity | Interest rate | Rate type | Margin | Security | Yield to maturity |
|---|---|---|---|---|---|---|
| MAT0630 | 11 Jun 2030 | 7.93% | Floating (6M WIBOR) | +4.00 pp | Unsecured | 7.63% |
Series codes link to the series pages in Polish. Yield to maturity is calculated by the Polish brokerage DM BDM, before tax and commissions; for floating-rate bonds it assumes the reference rate (WIBOR or EURIBOR) stays at its current level. “No quote” means no recent price.
Questions about Matexi Polska bonds
How many Matexi Polska bond series are listed on Catalyst?
Matexi Polska has one bond series listed on Catalyst, with a nominal value of PLN 105 million. It matures on 11 June 2030.
When does the next Matexi Polska bond mature?
The next maturity is series MAT0630 on 11 June 2030 (nominal value PLN 105 million). An early redemption at the issuer’s request can change these dates.
How is the interest on Matexi Polska bonds set?
The series pays a floating rate: 6M WIBOR plus a margin of 4.00 percentage points. The coupon changes with the reference rate in each interest period, while the margin stays the same until maturity.
Are Matexi Polska bonds secured?
The series is unsecured: bondholders have no priority claim on any specific asset of the company.
Source: our database of Catalyst series, terms and conditions of the bonds and company announcements.
Our full analysis, financial results and news on Matexi Polska are on the Polish-language issuer page.
This material is for information purposes only and does not constitute investment advice.