IMMO MATHAY
ActiveIMMO MATHAY has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €5k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 4512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.14 against 2.33 in 2024; short-term debt: 4.4% and cash: 4.2% of total assets), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.2%
Return on assets
5.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
8 d early
2023
22 d late
2022
21 d late
2021
8 d late
2020
8 d early
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▲ 129%
2024 · €2k
2018: €-365
2019: €2k
2020: €-6k
2021: €13k
2022: €3k
2023: €4k
2024: €2k
2018 → 2025
Working capital
€11k▲ 75.0%
2024 · €6k
2018: €3k
2019: €23k
2020: €6k
2021: €2k
2022: €-3k
2023: €-6k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€58k▲ 3.4%€63k▲ 7.7%€65k▲ 3.2%€69k▲ 7.1%
Operating result€14k-€5k▼ 66.0%€6k▲ 37.2%€3k▼ 54.3%€6k▲ 105%
Net result€13k-€3k▼ 72.1%€4k▲ 27.7%€2k▼ 55.1%€5k▲ 129%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 105% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€63k▲ 2.4%
Current assets
€14k▲ 31.7%
Equity and liabilities €78k
Equity
€69k▲ 7.1%
Debt
€8k▲ 3.8%
The debt ratio falls from 11.1% to 10.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €18k
Cash flow
€12k▼
2024 · €17k
Solvency
89.2%▲
2024 · 88.9%
Current ratio
4.14▲
2024 · 2.33
Quick ratio
4.14▲
2024 · 2.33
Debt / equity
0.12▼
2024 · 0.13
ROE
6.6%▲
2024 · 3.1%
ROA
5.9%▲
2024 · 2.8%
Interest coverage
25.76▼
2024 · 36.57
Debt
€8k▲
2024 · €8k
Debt ≤ 1 year
€3k▼
2024 · €5k
Debt > 1 year
€5k▲
2024 · €4k
Income taxes
€996▲
2024 · €413
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€78k▲
Fixed assets21/28€62k€63k▲
Tangible fixed assets22/27€62k€63k▲
Land and buildings22€24k€24k=
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€33k€37k▲
Current assets29/58€11k€14k▲
Amounts receivable after more than one year29€5k-
Trade receivables290€3k-
Other amounts receivable291€2k-
Amounts receivable within one year40/41-€11k
Trade receivables40-€7k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€1k€102▼
Equity and liabilities
Total equity and liabilities10/49€73k€78k▲
Equity10/15€65k€69k▲
Contributions10/11€37k€37k=
Reserves13€24k€24k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€4k€8k▲
Amounts payable17/49€8k€8k▲
Amounts payable after more than one year17€4k€5k▲
Other amounts payable178/9€4k€5k▲
Amounts payable within one year42/48€5k€3k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€22k€18k▼
Operating profit (loss)9901€3k€6k▲
Financial income75/76B€1€142▲
Recurring financial income75€1€21▲
Non-recurring financial income76B-€121
Financial charges65/66B€490€518▲
Recurring financial charges65€490€518▲
Profit (loss) for the period before taxes9903€2k€6k▲
Income taxes67/77€413€996▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Profit (loss) brought forward from the previous period14P€7k€4k▼
Transfer to equity691/2€5k-
To other reserves6921€5k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 2.33
Current ratio from 0.59 to 2.33; short-term debt falls from €15k to €5k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-6k ▼414%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.92
Current ratio from 1.46 to 2.92.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Bonnestraat 16-181080 Sint-Jans-MolenbeekGround area
487 m²
Building footprint
487 m²
Volume, LiDAR
3,630 m³
Parcel 21523B0901/00S015, Brussels · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Bonnestraat 16 1, 1080 Sint-Jans-Molenbeek
since 19862.029.054.710
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0901/00S015 | Brussels | 487 m² | 1 · 487 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GO INVEST 2
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Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 3,448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded01-01-1986
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.