MATH COMPUTERS
ActiveFrom the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MATH COMPUTERS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,225 and a net result of €11,162. Equity has been shrinking by about 2.5% per year since 2019. Its solvency ranks better than 48% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 21-03-2005 Normal situation
- Activity
- Retail sale of information and communication equipment NACE 47400and 4 others
- Establishment unit
- 2.146.265.649 3540 Herk-de-Stad, since 01-04-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 18-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts to 30-09-2025
- Gross margin
- €27,016
- ▲ 104%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €11,162
- Equity
- €101,225
- ▲ 12.4%
- Total assets
- €326,994
- ▲ 11.8%
- Staff
- ≈ 0 FTE
- estimated
Filed on 28-04-2026, 2 days before the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 2005Liquidity: current ratio 1.20, cash €42,828Size: total assets €326,994Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency
56=
equity 31.0% of total assets
Liquidity
31+4
short-term debt 67.1% · cash 13.1%
Profitability
40+40
return on assets 3.4%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 0.8%▼ -0.2 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%▼ -0.1 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.2 percentage points vs 03-2026
05-2026: 0.2%▼ -0.8 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.54 in 2024), below the usual 1.5. Short-term debt is 67.1% and cash 13.1% of total assets. 69% of the assets are financed with debt and provisions.
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 47, micro). It does better than 46% of them on solvency, 28% on liquidity, 30% on profitability and 64% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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 riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
6 days early
2023
1 day early
2022
6 days early
2021
2 days late
2020
31 days late
2019
30 days early
← 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 2 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-04-2026 PDF all 20 filings
Turnover
≈ €250,000
Estimated: probably between €140,000 and €420,000
Total assets
€326,994▲ 11.8%
2024 · €292,356
Net result
€11,162
2024 · -€45,249
Working capital
€43,567▼ 45.3%
2024 · €79,681
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a profit of €22,877, after a loss of €35,916 in 2024.
Operating result€22,877
2025
Net result€11,162
2025
Total assets€326,994
2025
Equity€101,225
2025
Debt€225,768
2025
Working capital€43,567
2025
Return on assets (ROA)3.4%
2025
Solvency31.0%
2025
Current ratio1.20
2025
Staff (FTE)1
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€14,185-€26,348▲ 85.7%€27,655▲ 5.0%€28,523▲ 3.1%-€25,554-€35,916▼ 40.6%€22,877
Net result€1,487-€21,286within the sector's middle half▲ 14×€24,708above the sector's middle half▲ 16.1%€20,633within the sector's middle half▼ 16.5%-€33,556below the sector's middle half-€45,249below the sector's middle half▼ 34.8%€11,162within the sector's middle half
Equity€102,241-€123,528above the sector's middle half▲ 20.8%€148,235above the sector's middle half▲ 20.0%€168,869within the sector's middle half▲ 13.9%€135,312above the sector's middle half▼ 19.9%€90,063within the sector's middle half▼ 33.4%€101,225within the sector's middle half▲ 12.4%
Total assets€350,966-€378,311above the sector's middle half▲ 7.8%€372,471above the sector's middle half▼ 1.5%€431,507below the sector's middle half▲ 15.8%€372,935above the sector's middle half▼ 13.6%€292,356within the sector's middle half▼ 21.6%€326,994within the sector's middle half▲ 11.8%
Debt€248,725-€254,783▲ 2.4%€224,236▼ 12.0%€262,639▲ 17.1%€237,623▼ 9.5%€202,293▼ 14.9%€225,768▲ 11.6%
Working capital€46,963-€68,486within the sector's middle half▲ 45.8%€95,052above the sector's middle half▲ 38.8%€158,825within the sector's middle half▲ 67.1%€106,465above the sector's middle half▼ 33.0%€79,681within the sector's middle half▼ 25.2%€43,567within the sector's middle half▼ 45.3%
Solvency29.1%-32.7%within the sector's middle half▲ 3.5pp39.8%within the sector's middle half▲ 7.1pp39.1%within the sector's middle half▼ 0.7pp36.3%within the sector's middle half▼ 2.9pp30.8%within the sector's middle half▼ 5.5pp31.0%within the sector's middle half▲ 0.2pp
Current ratio1.22-1.30within the sector's middle half▲ 0.081.47within the sector's middle half▲ 0.171.78within the sector's middle half▲ 0.311.53within the sector's middle half▼ 0.251.54within the sector's middle half▲ 0.011.20within the sector's middle half▼ 0.34
Return on assets (ROA)0.4%-5.6%within the sector's middle half▲ 5.2pp6.6%within the sector's middle half▲ 1.0pp4.8%within the sector's middle half▼ 1.9pp-9.0%below the sector's middle half▼ 13.8pp-15.5%below the sector's middle half▼ 6.5pp3.4%within the sector's middle half▲ 18.9pp
Staff (FTE)2-2within the sector's middle half=1▼ 50.0%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €326,994
Fixed assets
€63,909 ▼ 1.9%
Current assets
€263,085 ▲ 15.8%
Equity and liabilities €326,994
Equity
€101,225 ▲ 12.4%
Debt
€225,768 ▲ 11.6%
Debt's share of the balance-sheet total falls from 69.2% to 69.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,096▲
2024 · -€34,697
Cash flow
€12,382▲
2024 · -€44,030
Quick ratio
0.72▲
2024 · 0.49
Debt to equity
2.23▼
2024 · 2.25
ROE
11.0%▲
2024 · -50.2%
Interest coverage
2.08▲
2024 · -2.33
Debt ≤ 1 year
€219,518▲
2024 · €147,546
Debt > 1 year
€6,250▼
2024 · €21,250
Income taxes
€433▲
2024 · €341
Staff costs
€895▼
2024 · €44,167
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1 |
| On a permanent contract | 1 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Comparable companies
These companies have the same main activity as MATH COMPUTERS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €201,000 and €353,000, founded between 2002 and 2008.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| MATH COMPUTERS Herk-de-Stad | 2005 | €326,994 | €101,225 | €27,016 | €11,162 | 2025 |
| A.I.B. INVEST Sint-Gillis (bij-Brussel) | 2006 | €313,210 | €20,734 | €27,625 | €2,380 | 2025 |
| Kijk & Luister Gent Sint-Martens-Latem | 2004 | €352,835 | €93,453 | €31,553 | €1,664 | 2025 |
| AXIS-ONE Evere | 2003 | €305,665 | -€617,872 | €28,005 | -€75,965 | 2025 |
| READY4SALES Pelt | 2008 | €293,374 | €218,688 | €27,229 | €10,709 | 2025 |
| BICT Bilzen-Hoeselt | 2005 | €201,360 | €116,208 | €25,496 | €135 | 2025 |
| GBK COMPUTERSTORE Houthalen-Helchteren | 2002 | €242,811 | €140,670 | €41,617 | €26,332 | 2025 |
They were chosen from the 1,820 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as MATH COMPUTERS has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.4%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MATH COMPUTERS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 MATH COMPUTERS. 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.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €38,228 | €37,482 | €39,173 | €44,167 | €895 | ▼ 98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,748 | €6,759 | €6,449 | €6,018 | €2,129 | €1,219 | €1,219 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €13,067 | - | - | - | - |
| Other operating charges640/8 | - | - | €2,134 | €760 | €2,912 | €3,787 | €2,025 | ▼ 46.5% |
| Gross operating margin9900 | €84,218 | €55,891 | €74,466 | €85,848 | €18,659 | €13,257 | €27,016 | ▲ 104% |
| Operating profit (loss)9901 | €14,185 | €26,348 | €27,655 | €28,523 | -€25,554 | -€35,916 | €22,877 | - |
| Financial income75/76B | - | - | €16,313 | €9,280 | €8,013 | €5,876 | €327 | ▼ 94.4% |
| Recurring financial income75 | €906 | €9,176 | €16,313 | €2,097 | €8,013 | €5,876 | €118 | ▼ 98.0% |
| Non-recurring financial income76B | - | - | - | €7,184 | - | - | €209 | - |
| Financial charges65/66B | - | - | €9,663 | €9,263 | €15,564 | €14,868 | €11,609 | ▼ 21.9% |
| Recurring financial charges65 | €10,620 | €8,797 | €9,663 | €9,263 | €13,966 | €14,868 | €11,569 | ▼ 22.2% |
| Non-recurring financial charges66B | - | - | - | - | €1,597 | - | €40 | - |
| Profit (loss) for the period before taxes9903 | €4,471 | €26,520 | €34,305 | €28,540 | -€33,105 | -€44,908 | €11,595 | - |
| Income taxes67/77 | €2,984 | €5,234 | €9,598 | €7,907 | €452 | €341 | €433 | ▲ 27.0% |
| Profit (loss) for the period9904 | €1,487 | €21,286 | €24,708 | €20,633 | -€33,556 | -€45,249 | €11,162 | - |
| Profit (loss) for the period to be appropriated9905 | €1,487 | €21,286 | €24,708 | €20,633 | -€33,556 | -€45,249 | €11,162 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €350,966 | €378,311 | €372,471 | €431,507 | €372,935 | €292,356 | €326,994 | ▲ 11.8% |
| Fixed assets21/28 | €87,702 | €80,943 | €74,494 | €68,476 | €66,347 | €65,128 | €63,909 | ▼ 1.9% |
| Tangible fixed assets22/27 | €87,702 | €80,943 | €74,494 | €68,476 | €66,347 | €65,128 | €63,909 | ▼ 1.9% |
| Plant, machinery and equipment23 | - | - | €560 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | €5,148 | €909 | - | - | - | - |
| Other tangible fixed assets26 | - | - | €68,786 | €67,567 | €66,347 | €65,128 | €63,909 | ▼ 1.9% |
| Current assets29/58 | €263,264 | €297,368 | €297,977 | €363,031 | €306,588 | €227,228 | €263,085 | ▲ 15.8% |
| Stocks and contracts in progress3 | €128,417 | €140,908 | €162,977 | €206,810 | €182,604 | €154,805 | €105,384 | ▼ 31.9% |
| Stocks30/36 | - | - | €162,977 | €206,810 | €182,604 | €154,805 | €105,384 | ▼ 31.9% |
| Amounts receivable within one year40/41 | €100,492 | €120,641 | €131,470 | €148,717 | €107,156 | €64,015 | €112,707 | ▲ 76.1% |
| Trade receivables40 | - | - | €29,937 | €38,428 | €12,870 | - | €18,947 | - |
| Other amounts receivable41 | - | - | €101,533 | €110,289 | €94,286 | €64,015 | €93,760 | ▲ 46.5% |
| Cash at bank and in hand54/58 | €32,927 | €31,275 | €3,530 | €3,752 | €14,113 | €4,910 | €42,828 | ▲ 772% |
| Deferred charges and accrued income490/1 | - | - | €0 | €3,752 | €2,714 | €3,498 | €2,165 | ▼ 38.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €350,966 | €378,311 | €372,471 | €431,507 | €372,935 | €292,356 | €326,994 | ▲ 11.8% |
| Equity10/15 | €102,241 | €123,528 | €148,235 | €168,869 | €135,312 | €90,063 | €101,225 | ▲ 12.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €41,143 | €101,860 | €121,860 | €136,860 | €136,860 | €136,860 | €76,860 | ▼ 43.8% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | €120,000 | €135,000 | €135,000 | €135,000 | €76,860 | ▼ 43.1% |
| Profit (loss) carried forward14 | €42,499 | €3,068 | €7,775 | €13,409 | -€20,148 | -€65,397 | €5,765 | - |
| Amounts payable17/49 | €248,725 | €254,783 | €224,236 | €262,639 | €237,623 | €202,293 | €225,768 | ▲ 11.6% |
| Amounts payable after more than one year17 | €31,177 | €25,901 | €21,311 | €58,432 | €36,250 | €21,250 | €6,250 | ▼ 70.6% |
| Financial debts170/4 | - | - | €21,311 | €58,432 | €36,250 | €21,250 | €6,250 | ▼ 70.6% |
| Amounts payable within one year42/48 | €216,302 | €228,882 | €202,925 | €204,207 | €200,123 | €147,546 | €219,518 | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | - | €13,381 | €22,879 | €22,379 | €15,000 | €15,000 | = |
| Financial debts43 | - | - | €100,000 | €95,000 | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | - | €100,000 | €95,000 | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €89,827 | €102,219 | €64,697 | €67,564 | €62,910 | €10,564 | €98,690 | ▲ 834% |
| Suppliers440/4 | - | - | €64,697 | €67,564 | €62,910 | €10,564 | €98,690 | ▲ 834% |
| Taxes, remuneration and social security45 | - | - | €24,847 | €18,764 | €14,834 | €21,982 | €5,828 | ▼ 73.5% |
| Taxes450/3 | - | - | €19,092 | €13,736 | €9,055 | €21,982 | €5,828 | ▼ 73.5% |
| Remuneration and social security454/9 | - | - | €5,755 | €5,028 | €5,779 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,250 | €33,497 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,487 | €21,286 | €24,708 | €20,633 | -€33,556 | -€45,249 | €11,162 | - |
| + Depreciation and write-downs630 | €7,748 | €6,759 | €6,449 | €6,018 | €2,129 | €1,219 | €1,219 | = |
| Operating cash flow (approximation) | €9,235 | €28,045 | €31,156 | €26,651 | -€31,428 | -€44,030 | €12,382 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,652 | -€27,745 | €222 | €10,361 | -€9,203 | €37,919 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00090692 | |
| 30-09-2024 | micro format | 24-04-2025 | 2025-00079649 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00071930 | |
| 30-09-2022 | abbreviated format | 24-04-2023 | 2023-00065886 | |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20015736 | |
| 30-09-2020 | micro format | 31-05-2021 | 2021-16000227 | |
| 30-09-2019 | abbreviated format | 31-03-2020 | 2020-08200015 | |
| 30-09-2018 | abbreviated format | 30-04-2019 | 2019-11700406 | |
| 30-09-2017 | abbreviated format | 08-05-2018 | 2018-12400267 | |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08500565 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder…”
deed of 28-02-2024Owners and capital
Capital transactions
Capital over time
- 28-02-2024 Converted to unavailable equity
- 28-02-2024 Converted to available equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MATHUES Davy |
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Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”“Al dan niet ten kosteloze titel, algemene kosten,los van representatie-,reis- en verplaatsingskosten”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste van overdrager en andere helft ten laste van koper(s), elke overdracht of overgang van aandelen”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, op elk moment”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…”
Articles of association, deed of 28-02-2024 (in Dutch)
Network & group
MATH COMPUTERS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MATH COMPUTERS. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-04
financial year 2025 · micro format
2025
30-09
Financial
Back to profitnet €11,162
The net result is €11,162, after 2 loss-making years.
30-09
Financial
Equity above €100,000equity €101,225 ▲12.4%
Equity rises from €90,063 to €101,225.
24-04
financial year 2024 · micro format
2024
30-09
Financial
Weakest financial yearnet -€45,249
The net result drops to -€45,249, the lowest from 2019 to 2025. It recovers the following year.
29-04
financial year 2023 · micro format
28-02
Gazette deed
Resignation: MATHUES Davy (manager)Reappointment: MATHUES Davy (director) · Amendment of the articles · Capital conversion10 points ▸
Gazette deed
Resignation: MATHUES Davy (manager)
Reappointment: MATHUES Davy (director) · Amendment of the articles · Capital conversion10 points ▸
- General meeting, 06-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Director resignation, MATHUES Davy (manager)
- Director discharge, MATHUES Davy (manager)
- Director reappointment, MATHUES Davy (director)
- Registered office clause, “3540 Herk-de-Stad,Grote Baan 33” (deed in Dutch)
- Power of attorney, Myrrhine Vrolix
2023
24-04
financial year 2022 · abbreviated format
2022
30-09
Financial
Equity above €150,000equity €168,869 ▲13.9%
With a profit in every financial year since 2019, equity grows to €168,869.
02-05
financial year 2021 · micro format · 2 days late
2021
30-09
Financial
Highest result from 2019 to 2025net €24,708 ▲16.1%
The net result of €24,708 is the highest of those years.
31-05
financial year 2020 · micro format · 31 days late
Show earlier events
2020
31-03
financial year 2019 · abbreviated format
2019
30-04
financial year 2018 · abbreviated format
2018
08-05
financial year 2017 · abbreviated format · 8 days late
2017
31-03
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MATH COMPUTERS in Dutch
Enterprise number
0872.633.477
Legal form
Private limited company
Status
Active, normale toestand
Founded
21-03-2005
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-02-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Math Computers
deed of 28-02-2024 (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, Artikel 2”
deed of 28-02-2024 (in Dutch)Registered office and establishments
Registered office
Grote Baan 33, 3540 Herk-de-Stad, Belgium
Establishments
1 establishment unit since 2005
Activities
NACEBEL 202547400
Retail sale of information and communication equipment main activity
47540
Retail sale of electrical household appliances
62100
Computer programming
62200
Computer consultancy and computer facilities management
95100
Repair and maintenance of computers and communication equipment
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 28-02-2024 (in Dutch)
“Vervaardiging van automatische gegevensverwerkende machines,inclusief microcomputers en tekstverwerkende machines: centrale…”
72 activities
- Vervaardiging van automatische gegevensverwerkende machines,inclusief microcomputers en tekstverwerkende machines: centrale verwerkingseenheden,interfaces,consoles,digitale machines,analoge machines,hybride machines
- De vervaardiging van randapparatuur,printers,terminals,enz… magnetische en optische lezers,machines voor het omzetten van gegevens in gecodeerde vorm op gegevensdragers
- De bekleding van aluminium van de binnenzijde van PCkasten
- De vervaardiging van TV toestellen,videomonitors,videoprojectietoestellen en decoders
- De vervaardiging van videoopname en videoweergaveapparaten inclusief camcorders
- De vervaardiging van radiotoestellen
- De vervaardiging van toestellen voor het opnemen van geluid op magneetbanden e.a. toestellen voor het opnemen van geluid ook indien werkend met cassettes
- De vervaardiging van mengpanelen
- De vervaardiging van elektroakoestische toestellen,inclusief buitendeurmicrofoons,intercoms,afstandsbesturingssystemen,simultaan tolkinstallaties,elektronische steminstallaties,vergaderschakelingen,oproepinstallaties,dicteerapparaten,enz…
- De vervaardiging van platenspelers,grammofoons,cassettespelers,cdspelers,enz…
- De vervaardiging van microfoons,luidsprekers,hoofdtelefoons,oortelefoons,audiofrequentieversterkers en geluidsversterkers
- De vervaardiging van pickupkoppen,toonarmen,geluidsweergavekoppen,draaitafels voor grammofoons,snijders of snijkoppen,antennes,reflectoren voor rotoren en antennes,kabeladapters,televisiedecoders
- De vervaardiging van elektronische spellen: videospelletjes,schaakspelen,enz…
- De groothandel in elektrische huishoudelijke apparaten
- De groothandel in audio en videoapparatuur
- De groothandel in grammofoonplaten,CD’s,al dan niet bespeelde audio en videocassettes,enz…
- De groothandel in fotografische en cinematografische apparaten en in overige optische artikelen
- Groothandel in papierwaren,kantoor en schoolbehoeften
- De groothandel in computers en randapparatuur
- De groothandel in andere kantoormachines en materiaal zoals schrijfmachines,telmachines,enz…
- De groothandel in kantoormeubelen
- De gespecialiseerde groothandel voor zover deze niet in één van de vorige categorieën begrepen is (bv groothandel in touwwerk,koord,bindgaren e.d,groothandel in verpakkingsmiddelen,enz…)
- De kleinhandel in grote verscheidenheid van goederen waarbij voedings en genotsmiddelen niet overheersen,zoals kleding,meubelen,apparaten,ijzerwaren,cosmetica,sieraden,speelgoed,enz.. met verkoopoppervlakte minder dan 2.500m²
- Kleinhandel in onderkleding,lingerie,strand en badkleding
- De kleinhandel in elektrische huishoudapparaten
- De kleinhandel in audio en videoapparatuur voor huishoudelijk gebruik,zoals radio- en televisietoestellen,videoweergavetoestellen,videocamera’s,hi-fi-materiaal,enz…
- De kleinhandel in grammofoonplaten,CD’s,al dan niet bespeelde geluids en videobanden,cassettes,enz…
- De kleinhandel in boeken,kranten,tijdschriften en kantoorbehoeften
- De kleinhandel in muziekinstrumenten en partituren
- De kleinhandel in optische artikelen (inclusief brillen),fotografische artikelen (inclusief films) en precisieinstrumenten
- De kleinhandel in computers en standaardprogrammatuur
- De kleinhandel in kantoormaterieel en meubelen
- Kleinhandel in spellen en speelgoed
- De kleinhandel in overige tweedehandsgoederen zoals meubels,afbraakmateriaal,kleding,rariteiten (brocante),enz…
- Reparatie van elektrische huishoudapparaten
- Reparatie van audio en videoapparatuur
- De reparatie van fotografische artikelen
- Overige reparaties van consumentenartikelen,n.e.g.
- Activiteiten van financieringsmaatschappijen die uitsluitend kredietovereenkomsten afsluiten met een consument (verkopen en leningen op afbetaling,inclusief persoonlijke leningen,financieringshuur,kredietopeningen…)
- Verhuur en operationele leasing van kantoormachines,inclusief computers zonder bedieningspersoneel,computerapparatuur,duplicators,fotokopieermachines,schrijfmachines,tekstverwerkers,rekenmachines,telefoonapparatuur
- Verhuur van standaardprogrammatuur
- Verhuur van televisietoestellen en andere audio en videoapparatuur
- Verlenen van advies over soorten computers (hardware) en hun configuratie en toepassing van bijbehorende programmatuur (software); analyseren van behoeften en problemen van gebruiker en het aanbieden van de beste oplossing
- De activiteiten van systeemintegrators
- Analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief systemen van automatische data identificatie: ontwikkeling,productie,levering/samenstelling van documentatie over standaard of speciale programmatuur
- Het verlenen van advies m.b.t. informaticaprogramma’s
- Het verlenen van bijstand bij de toepassing van programma’s
- Het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant; invoeren van gegevens,volledige verwerking van gegevens
- Het permanent beheren van en werken met de gegevensverwerkende apparatuur van derden
- De samenstelling van databanken door samenbrengen en al dan niet interpreteren van bestaande gegevens uit verschillende bronnen (uurroosters,industriële catalogi,wetenschappelijke gegevens,financiële informatie,adressenbestanden,…)
- De opslag van gegevens door middel van computerrecord in een bepaald formaat
- Ter beschikking stellen van databank door het leveren van gegevens in een bepaalde volgorde online of door gegevens op verzoek gesorteerd,toegankelijk te maken voor iedereen of voor een bepaalde groep gebruikers door middel van listings enz…
- Het onderhoud en de reparatie van computers en randapparatuur
- Het onderhoud en de reparatie van rekenmachines en overige kantoormachines
- Overige activiteiten in verband met computers
- Het onderzoek naar de omvang van de markt voor bepaalde producten,de ontvangst en de bekendheid van producten en koopgewoonten met het oog op de verkoopsbevordering en de ontwikkeling van nieuwe producten
- De statistische analyses van de resultaten van het onderzoek
- Het verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz…
- Het op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren
- Het ontwerpen en voeren van reclame en promotiecampagnes voor derden via verschillende media
- Het verkopen van tijd en ruimte voor publiciteit in de diverse media (advertentieaquisitie)
- Agentschap voor fotomodellen,mannequins,hostessen en dergelijke…
- Organisatie van salons,tentoonstellingen en vakbeurzen
- De organisatie van modeshows
- De organisatie van congressen,seminaries,enz…
- De productie en realisatie van speelfilms met een normale lengte of van korte films,in beginsel bestemd voor projectie in bioscopen
- De productie en realisatie van films van diverse aard (series,televisiefilms,documentaires,enz…) in beginsel enkel bestemd voor vertoning op televisie
- Productie en realisatie van publicitaire films en promotiefilms,films over technische onderwerpen of over bedrijven,films met educatieve inhoud of voor vormingsdoeleinden,videoclips
- De productie en realisatie in speciale laboratoria van teken of animatiefilms
- De voor rekening van derden uitgeoefende activiteiten die aan de filmproductie verwant zijn,zoals nasynchroniseren,het toevoegen van speciale effecten,het ontwikkelen,monteren,inkleuren,dubben,enz…
- De exploitatie van al dan niet automatische spelen (flippers,elektronische spelen,enz…) waarbij in beginsel geen winst onder de vorm van speciën uitgekeerd
Invoicing and payment
VAT number
BE 0872.633.477
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
15 March at 18:00
deed of 28-02-2024 (in Dutch)Sites & property
Location
1 establishment unit
MATH COMPUTERS
since 2005unit number 2.146.265.649
Buildings and parcels at the address
Ground area
1,591 m²
Building footprint
291 m²
Building volume
2,500 m³
Parcel 71012A0304/00B002, Flanders · tallest building 11.9 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71012A0304/00B002 | Flanders | 1,591 m² | 1 · 291 m² | 11.8 m · 3 |