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COMBOR

Active Private limited companyfounded 2005active for 20 yearsHoog-Kallostraat 13, 9120 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 0878.676.280 subsidiary of MATHEA
COMBOR
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Overview

Lifetime

20 annual accounts with figures on one time axis
peak €96,922 (2012)
€10,608▼ 32.0%
lowest -€25,095 (2011)
€373▼ 39.2%
peak €41,239 (2025)
€41,239▲ 0.9%
€87,502▼ 24.1%
Board2 names since 2012
2 directorsMathea Belgium NV and 1 other
Owners2 names in the annual accounts
100%MATHEA
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €15,595 to €10,608Result from €614 to €373Debts from €115,254 to €87,502

Key points

from the 2025 annual accounts

Equity

€41,239 ▲ 0.9%

COMBOR has made a profit without a break since 2021.

Turnover

≈ €130,000 estimated

The accounts state no turnover.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Five of the last ten came late. The 2019 accounts came latest: 47 days after the end of the period.

Checked score

85
Excellent
Financially stronger than 39% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.4 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Average

57+6equity 32.0% of total assets
21+3short-term debt 68.0% · cash 5.8%
69+12return on assets 0.3%

Score breakdown

raises risk
Sector: Wholesale trade (NACE 46)
lowers risk
Founded in 2005
Size: total assets €128,742
Figures for financial year 2025 (filed on 30-08-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 42% of them on solvency, 20% on liquidity, 52% on profitability and 44% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as COMBOR has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of COMBOR itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for COMBOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.15 (1.05 in 2024), below the usual 1.5. Short-term debt is 68% and cash 5.8% of total assets. 68% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €128,742
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-08-2026)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
30 days late
2024
28 days late
2023
29 days late
2022
26 days early
2021
3 days early
2020
3 days late
2019
47 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
Mathea Belgium NV
Director, since 04-05-2012
MD
Matthijnssens Dorothea
Director, since 04-05-2012
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0878676280
Amendment of the articles · Legal-form change · Resignations & appointments “Groot-en kleinhandel in industriële goederen; De ontwikkeling,design,productie,installatie en onderhoud van…” (deed in Dutch) · Gazette deed
First establishment Hoog-Kallostraat 13, Beveren-Kruibeke-Zwijndrecht
Incorporation published on 24-01-2006 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
COMBOR Beveren-Kruibeke-Zwijndrecht €128,742 €10,608 32.0% -
ILS3 Benelux Erpe-Mere €148,698 €12,447 66.7% -
INDUSTRIAL WELDING TECHNICS Asse €153,328 €13,829 56.9% -
DAR-TOOLS Zoersel €148,490 €12,412 66.9% -
K. PEERAER Antwerp €113,402 €8,333 39.7% -
André Servais et fils Rochefort €134,784 €22,404 62.3% -
ACB DISPLAYS INTERNATIONAL Kapellen €79,249 €9,005 13.0% -

These companies have the same main activity as COMBOR: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €79,200 and €153,000, founded between 2000 and 2009.

Official details

Source: KBO
Status
Active since 28-12-2005Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649
Establishment unit
2.151.189.3889120 Beveren-Kruibeke-Zwijndrecht, since 23-01-2006
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€10,608▼ 32.0%
€373▼ 39.2%
€41,239▲ 0.9%
€128,742▼ 17.5%
Filing
Filed on 30-08-2026
Financials

Insights on COMBOR

COMBOR files the micro format. That format states no turnover. The gross margin fell from €39,803 in 2006 to €10,608 in 2025.

MATHEA holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-08-2026, 30 days late
€10,608
▼ 32.0%
€395
▼ 86.9%
€10,064
▼ 33.2%
€10,042
▼ 20.7%
32.0%
▲ 5.9 percentage points
1.15
▲ 0.10

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €64,000 and €340,000.

Amounts without an identifiable currency are taken as euros.

Money flows

no detail for 2025

Balance sheet

balance sheet total €128,742 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

32.0%

Higher than 44% of 13,800 companies in 2025.

1.15

Higher than 35% of 13,181 companies in 2025.

0.3%

Higher than 36% of 13,360 companies in 2025.

COMBOR Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 128,742156,121126,269143,237258,80084,59677,44558,25336,85234,931776,3061.2m771,556536,987131,013162,055200,143235,553196,850170,619
20 -----000------------
21/28 27,78735,45637,30145,86925,39129,8567,8759,7085,352-----127,761153,091181,301217,675179,816151,369
21 -----000------------
22/27 27,78735,45637,30145,86925,39129,8567,8759,7085,352-----127,761153,091181,301217,675179,816151,369
22 -----000------------
23 26,13535,45637,30145,86924,15427,3814,1634,7575,352-----92,391105,032117,469136,52183,74746,477
24 1,653--01,2382,4753,7134,950------35,37048,05963,83281,15496,069104,892
26 -----000------------
27 -----000------------
28 -----000------------
29/58 100,955120,66588,96897,368233,40954,74069,57048,54631,50034,931776,3061.2m771,556536,9873,2528,96418,84217,87817,03519,250
290 -----000------------
291 -----000------------
3 44,25044,25036,500-07,50000------------
30/36 -----000------------
37 44,25044,25036,500-07,50000------------
40/41 49,17866,935-17,315143,09344,91161,77636,4441,4461,62558,0801.0m736,673498,0166985,96817,30716,92710,93718,861
40 48,90539,750-2,820128,08330,32344,29730,000-1,11058,080983,133735,064498,016-5,86916,55016,500--
41 27327,185-14,49515,00914,58817,4796,4441,446515-41,6591,609-6989975742710,93718,861
50/53 -----000------------
54/58 7,5279,48052,46880,05390,3172,3307,79312,10230,05433,306718,226201,80634,88338,9712,5542,9961,0274654,579389
490/1 -----000---14,229----5084871,520-
Balance sheet: equity and liabilities
10/49 128,742156,121126,269143,237258,80084,59677,44558,25336,85234,931776,3061.2m771,556536,987131,013162,055200,143235,553196,850170,619
10/15 41,23940,86740,25340,14130,09121,60835,25420,43134,64232,07834,44425,87620,14516,884-70,276-45,181-27,833-15,1495,54518,784
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 -----018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----000------------
11 -----18,60000------------
1100/10 -----000------------
1109/19 -----18,600--------------
12 -----000------------
13 22,06022,06021,46021,46011,4602,96016,56015,96015,96012,86015,3606,8601,500184184184184184184184
130/1 --01,8601,8601,860--------------
130 -----01,8601,8601,8601,8601,8601,8601,500184184184184184184184
1311 --01,8601,8601,860--------------
1312 ------00------------
1313 -----0--------------
1319 -----000------------
132 -----000------------
133 22,06022,06021,46019,6009,6001,10014,70014,10014,10011,00013,5005,000--------
14 57920719381314894-14,1298261848441645-1,900-89,060-63,965-46,617-33,932-13,239-
15 -----000------------
160/5 -----000------------
160 -----000------------
161 -----000------------
162 -----000------------
163 -----000------------
164/5 -----000------------
168 -----000------------
17/49 87,502115,25486,017103,096228,70962,98842,19137,8232,2102,853741,8621.2m751,411520,103201,289207,236227,976250,702191,305151,835
17 --------------134,027159,882185,00189,42357,857-
170/4 --------------134,027159,882185,00189,42357,857-
175 -----000------------
176 -----000------------
178/9 -----000------------
42/48 87,502114,91484,76798,596228,70961,33840,44137,8234141,008740,0171.2m750,036520,10367,18347,35442,975161,279133,448151,835
42 -----000------27,01224,37724,42123,75911,571-
43 -------------3,430------
430/8 -----000-----3,430------
439 -----000------------
44 2,0031,1024,0222,82091,84735,51515,9711,5204141,008602,8771.2m748,736510,537-5,8201,0161,6674,19887,726
440/4 2,0031,1024,0222,82091,84735,51515,9711,5204141,008602,8771.2m748,736510,537-5,8201,0161,6674,19887,726
441 -----000------------
46 ---046,914000--------250---
45 02,536----120---47,1403,9701,3006,136467434364--77
450/3 02,536---01200--47,1403,9701,3006,136467434364--77
454/9 -----000------------
47/48 85,500111,27580,74595,77689,94825,82324,35036,302--90,000---39,70416,72316,924135,853117,67964,033
492/3 03411,2504,50001,6501,75001,7961,8451,845-1,375-79-----
Income statement
70/76A --------216,31763,1134.0m6.7m--------
70 --------216,31763,1134.0m6.7m--------
76A -----000---------15--
9900 10,60815,59510,77616,81013,50245,13534,311-11,847----20,16296,9225,30216,61528,66125,41424,01239,803
60/66A --------213,68265,1103.9m6.7m--------
60 --------208,69560,7163.9m6.7m--------
600/8 --------208,69560,7163.9m6.7m--------
61 --------3,3973,4015,5472,372--------
62 -----000------------
630 9,66912,0448,5676,2234,4653,2471,8321,832595-----26,03231,13236,37437,20128,79638,810
631/4 ----055,00000------------
635/8 -----000------------
640/8 544528516469468467480478995993993472481352347347475559457695
649 -----000------------
66A -----000---------1,6154,092-
9901 3953,0241,69210,1188,570-13,57931,999-14,1572,634-1,998116,60122,37019,68196,570-21,077-14,864-8,188-12,345-5,241297
75/76B 1291278700305--5210331383--24196
75 1291278700305--5210331383--24196
751 ----------52102--------
752/9 -----------0--------
76B -----000------------
65/66B 333,3222,36769876056597065013,92214,04615,1509,4404,0212,5094,4976,7693,92442
65 333,3222,36769876056597065013,92214,04615,1509,4404,0212,5094,4976,7693,92442
652/9 --------7065013,92214,046--------
66B -----000------------
9903 37361411210,0498,483-13,63631,943-14,2122,564-2,648102,7318,4264,56287,168-25,095-17,373-12,685-20,690-13,237261
67/77 ----0101200--2824,1632,6961,3008--25-4278
670/3 ----------4,5462,696--------
77 ---------282383---------
9904 37361411210,0498,483-13,64531,823-14,2122,564-2,36698,5685,7313,26287,160-25,095-17,348-12,685-20,694-13,239184
789 -----000------------
689 -----000------------
9905 37361411210,0498,483-13,64531,823-14,2122,564-2,36698,5685,7313,26287,160-25,095-17,348-12,685-20,694-13,239184
Appropriation of the result
9906 57980719310,0818,531-13,55217,694-14,1293,182-1,88298,9845,7761,362-1,900-89,060-63,965-46,617-33,932-13,239184
14P 207193813148---------------
791/2 ----013,60000-2,500----------
792 ---------2,500----------
691/2 0600010,0008,500-600-3,100-8,5005,3601,317------184
691 -----000------------
6920 -----000---3601,317------184
6921 0600010,0008,500060003,100-8,5005,000--------
694/7 ------17,000---90,000---------
694 -----000------------
695 -----017,0000--90,000---------
696 -----000------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00455150.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00455150 PDF
31-12-2024 micro format 28-08-2025 2025-00417613 PDF
31-12-2023 abbreviated format 29-08-2024 2024-00392036 PDF
31-12-2022 abbreviated format 05-07-2023 2023-00216348 PDF
31-12-2021 abbreviated format 28-07-2022 2022-20266894 PDF
31-12-2020 abbreviated format 03-08-2021 2021-44900062 PDF
31-12-2019 abbreviated format 16-09-2020 2020-53200431 PDF
31-12-2018 micro format 31-07-2019 2019-41500557 PDF
31-12-2017 full format 12-07-2018 2018-32900075 PDF
31-12-2016 full format 25-07-2017 2017-35600312 PDF
31-12-2015 full format 18-07-2016 2016-31900204 PDF
31-12-2014 full format 08-07-2015 2015-28200136 PDF
31-12-2013 abbreviated format 01-07-2014 2014-24600240 PDF
31-12-2012 abbreviated format 14-06-2013 2013-17600418 PDF
31-12-2011 abbreviated format 18-07-2012 2012-30700316 PDF
31-12-2010 abbreviated format 26-08-2011 2011-43800130 PDF
31-12-2009 abbreviated format 23-06-2010 2010-20900511 PDF
31-12-2008 abbreviated format 25-08-2009 2009-62200182 PDF
31-12-2007 abbreviated format 26-08-2008 2008-61800183 PDF
31-12-2006 abbreviated format 27-06-2007 2007-30800348 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
10,06415,06810,26016,34113,034-10,33133,831-12,3253,229-----4,95516,26828,18624,85623,55539,108
10,04212,6588,67916,27212,948-10,39833,656-12,3793,159-----93713,78423,68916,50715,55738,994
2,00010,199026,700025,22806,1885,947-----7025,150079,16061,935190,179
-1,953-42,988-27,585-10,26387,987-5,464-4,309-17,952-3,252-684,920516,420166,923-4,08836,417-4421,969562-4,1144,189-
13,4525,7514,202-1,2284,700-6,59729,12910,72331,08633,92336,28925,87621,52016,884-63,931-38,390-24,133-143,401-116,413-132,585
--------1.2%-3.2%2.9%0.3%--------
32.0%26.2%31.9%28.0%11.6%25.5%45.5%35.1%94.0%91.8%4.4%2.1%2.6%3.1%-53.6%-27.9%-13.9%-6.4%2.8%11.0%
1.151.051.050.991.020.891.721.2876.0934.661.051.021.031.030.050.190.440.110.130.13
0.650.660.620.991.020.771.721.2876.0934.661.051.021.031.030.050.190.440.110.130.13
2.122.822.142.577.602.911.201.850.060.0921.5446.9537.3030.80----34.508.08
0.9%1.5%0.3%25.0%28.2%-63.1%90.3%-69.6%7.4%-7.4%286.2%22.1%16.2%516.2%-----238.8%1.0%
0.3%0.4%0.1%7.0%3.3%-16.1%41.1%-24.4%7.0%-6.8%12.7%0.5%0.4%16.2%-19.2%-10.7%-6.3%-8.8%-6.7%0.1%
over 1004.544.33over 100over 100---------------
--------2 days6 days5 days54 days--------
--------1 day6 days57 days66 days--------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2017

  • Verkoop handelsgoederen THV Waaslandhaven €216,317100.0%

Source: 2017 accounts, page 10, filing 2018-32900075

All years (2015 to 2017)
By activity201520162017
Verkoop handelsgoederen THV Waaslandhaven€3,984,333€63,113€216,317

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,000€10,199-€26,700-
€9,669€12,044€8,567€6,223€4,465

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on COMBOR

The operating result for 2025 is 87% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 73.8% to 68.0%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors
Mathea Belgium NV
Director
since 04-05-2012
listed in the 2024 annual accounts, filed on 28-08-2025
Matthijnssens Dorothea
Director
since 04-05-2012
listed in the 2024 annual accounts, filed on 28-08-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Mathea Belgium NV
Director
Matthijnssens Dorothea
Director
Board
Mandates as a list
  • Mathea Belgium NV
    • Director, from 04-05-2012 to date
  • Matthijnssens Dorothea
    • Director, from 04-05-2012 to date

See the board, name and registered office on a given date →

Control

Parent
MATHEA
Equity €7.1m
Profit €58,287 in 2025 (profit €99,771 in 2024)
100%
This company
COMBOR
Equity €41,239
Profit €373 in 2025

and 1 other shareholder

Capital

Contribution
€18,600
Shares
186
Contribution per share
€100
Equity per share
€222 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
MATHEA
100%
100%
MATHEA BELGIUM
100%
100% until 2022
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 12-07-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Shareholders

2 owners

Owners 2

Network & group

Group

MATHEA has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentMATHEA1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE Combor €41,239 result €373

Source: list of holdings in the 2025 accounts of MATHEA. Every holding stands with its own latest accounts.

Connections & network

2 current directors
Depth

The network starts from the directors of COMBOR. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2005

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0878676280
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFabbreviated format · 29 days late
2023
Amendment of the articles · Legal-form change · Resignations & appointments“Groot-en kleinhandel in industriële goederen; De ontwikkeling,design,productie,installatie en onderhoud van…” (deed in Dutch)1 point ▸
  • 186 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 26 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 3 days before the deadline
2021
Back to profit net €8,483 The net result is €8,483, after one loss-making year.
Annual accounts 2020 filed PDFabbreviated format · 3 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 47 days late
2019
Back to profit net €31,823 The net result is €31,823, after one loss-making year.
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Annual accounts 2017 filed PDFfull format · 19 days before the deadline
2017
Back to profit net €2,564 The net result is €2,564, after one loss-making year.
Liquidity more than doubled current ratio 76.09 The current ratio rises from 34.66 to 76.09. Short-term debt falls from €1,008 to €414.
Annual accounts 2016 filed PDFfull format · 6 days before the deadline
2016
Liquidity times 33 current ratio 34.66 The current ratio rises from 1.05 to 34.66. Short-term debt falls from €740,017 to €1,008.
Annual accounts 2015 filed PDFfull format · 13 days before the deadline
2015
Highest result from 2006 to 2025 net €98,568 ▲1,620% The operating result of €116,601 and the net result of €98,568 are both a record.
Annual accounts 2014 filed PDFfull format · 23 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 30 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 47 days before the deadline
2012
Back to profit net €87,160 The net result is €87,160, after 5 loss-making years.
Liquidity more than 21 times current ratio 1.03 The current ratio rises from 0.05 to 1.03.
Annual accounts 2011 filed PDFabbreviated format · 13 days before the deadline
2011
Weakest financial year net -€25,095 The net result drops to -€25,095, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFabbreviated format · 26 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 38 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 25 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 26 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 34 days before the deadline
2006
First establishment Hoog-Kallostraat 13, Beveren-Kruibeke-Zwijndrecht
2005
Incorporation PDFpublished on 24-01-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 28 December 2005, COMBOR was incorporated.1 Total assets went from €58,253 in 2018 to €128,742 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0878.676.280
VAT number
BE 0878.676.280
Peppol ID
0208:0878676280
Other Peppol ID
9925:BE0878676280
Legal form
Private limited company
Status
Active, normal situation
Founded
28-12-2005
Financial year
ends on 31 December
Peppol
Reachable since 29-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
COMBOR in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-07-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-07-2023 (in Dutch)

Activities

NACEBEL 2025
46649 Wholesale of other machinery and equipment main activity
Codes under NACEBEL 2008
46699 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Groot-en kleinhandel in industriële goederen; De ontwikkeling,design,productie,installatie en onderhoud van alle elektrotechnische en…”
5 activities
  1. Groot-en kleinhandel in industriële goederen
  2. De ontwikkeling,design,productie,installatie en onderhoud van alle elektrotechnische en elektromechanische toepassingen
  3. Verhuur van machines en industriële goederen
  4. Geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de Wetten en Koninklijke Besluiten ter zake
  5. Zich onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet
deed of 12-07-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Hoog-Kallostraat 13 registered office 9120 Beveren-Kruibeke-Zwijndrecht 23-01-2006 2.151.189.388

Buildings and parcels at the address

Ground area
150 m²
Buildings
258 m²
Volume, LiDAR
1,051 m³
Tallest building
8.0 m
Buildings to scale, each on its own parcel
258 m², 8.0 m 258 m², 8.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
46010B0115/00F000150 m² 1 · 258 m² 8.0 m · 2

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