Equity
€302,751 ▲ 52.8%
Equity rose in 2025 from €198,076 to €302,751.
MATHAM
Overview
Lifetime
3 annual accounts with figures on one time axispeak €200,016 (2024)
€173,658▼ 13.2%
peak €138,562 (2024)
€104,675▼ 24.5%
peak €302,751 (2025)
€302,751▲ 52.8%
€44,099▼ 20.0%
Board1 name since 2023
1 directorLAURYSSEN Bart Lodewijk
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €200,016 to €173,658Equity from €198,076 to €302,751Debts from €55,136 to €44,099Investments €41,611
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The micro format states no turnover.
Investments
€41,611 6.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
7.02 was 4.58 in 2024
Short-term debts fell from €54,836 to €44,099.
Starting capital
€2,000 100 shares
Position in the sector
€104,675
Higher net result than 86% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.
Checked score
98
Excellent
Financially stronger than 83% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 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 01-2025lowest value
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: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 7.02, cash €109,148
Equity €302,751 (87.3% of total assets)
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 70, micro). It does better than 86% of them on solvency, 80% on liquidity, 84% on profitability and 81% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 39,278 companies had the same profile as MATHAM has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MATHAM itself is lower: < 0.1% within 12 months. It rests on far more data about MATHAM than the profile alone.
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.
| 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 39,278 companies, not a prediction for MATHAM. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.02 (4.58 in 2024), above the usual 1.5. Short-term debt is 12.7% and cash 31.5% of total assets. 12.7% 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 riskneutral
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 26-06-2026, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
35 days early
2024
34 days early
2023
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 34 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 27 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LAURYSSEN Bart Lodewijk 50 sharesdeed of 19-09-2023
- APERS Katrien José Rita 50 sharesdeed of 19-09-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805911335
Incorporation
Founding capital of €2,000, 100 shares · Founders: LAURYSSEN Bart Lodewijk and APERS Katrien José Rita · Appointment: LAURYSSEN Bart Lodewijk (director) · published on 19-09-2023 · Gazette deed
First establishment
Sint Martinusstraat 9, Zoersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MATHAM Zoersel | €346,850 | €173,658 | 87.3% | - |
| PVDK ADVISORY Bornem | €360,739 | €173,856 | 82.0% | - |
| FV Consultancy Antwerp | €327,312 | €172,985 | 79.8% | - |
| ARIES CONSULT Antwerp | €361,744 | €177,597 | 76.7% | - |
| FESTER Antwerp | €365,493 | €183,889 | 85.7% | - |
| BARNES DIAMANT Antwerp | €329,391 | €159,041 | 85.4% | - |
| L&C GROUP Meerhout | €388,844 | €168,781 | 43.5% | - |
These companies have the same main activity as MATHAM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €327,000 and €389,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 15-09-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.349.548.6482980 Zoersel, since 15-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Annual accounts 2025
- €173,658▼ 13.2%
- €104,675▼ 24.5%
- €302,751▲ 52.8%
- €346,850▲ 37.0%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on MATHAM
MATHAM files the micro format. That format states no turnover. The gross margin rose from €75,162 in 2023 to €173,658 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadline€173,658
▼ 13.2%
€140,938
▼ 23.3%
€104,675
▼ 24.5%
€265,524
▲ 35.3%
87.3%
▲ 9.1 percentage points
7.02
▲ 2.44
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €250,000 and €350,000.
Balance sheet
balance sheet total €346,850 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
87.3%
Higher than 86% of 39,360 companies in 2025.
7.02
Higher than 85% of 38,044 companies in 2025.
30.2%
Higher than 71% of 38,516 companies in 2025.
MATHAM
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
346,850 | 253,212 | 90,208 | |
21/28 |
37,226 | 2,120 | 1,403 | |
22/27 |
37,226 | 2,120 | 1,403 | |
24 |
36,415 | 1,013 | - | |
26 |
811 | 1,107 | 1,403 | |
29/58 |
309,623 | 251,092 | 88,805 | |
40/41 |
99,345 | 114,428 | 23,822 | |
40 |
99,345 | 114,428 | 23,822 | |
50/53 |
100,000 | - | - | |
54/58 |
109,148 | 135,551 | 63,933 | |
490/1 |
1,130 | 1,113 | 1,050 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
346,850 | 253,212 | 90,208 | |
10/15 |
302,751 | 198,076 | 59,513 | |
10/11 |
2,000 | 2,000 | 2,000 | |
14 |
300,751 | 196,076 | 57,513 | |
17/49 |
44,099 | 55,136 | 30,695 | |
42/48 |
44,099 | 54,836 | 30,026 | |
44 |
459 | 207 | 3,622 | |
440/4 |
459 | 207 | 3,622 | |
45 |
42,696 | 54,542 | 26,295 | |
450/3 |
42,696 | 54,542 | 26,295 | |
47/48 |
944 | 88 | 110 | |
492/3 |
- | 300 | 668 | |
| Income statement | ||||
9900 |
173,658 | 200,016 | 75,162 | |
630 |
6,505 | 458 | 78 | |
640/8 |
26,215 | 15,733 | 2,190 | |
9901 |
140,938 | 183,825 | 72,894 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
3,430 | 2,651 | 9 | |
65 |
3,430 | 2,651 | 9 | |
9903 |
137,508 | 181,174 | 72,885 | |
67/77 |
32,833 | 42,612 | 15,371 | |
9904 |
104,675 | 138,562 | 57,513 | |
9905 |
104,675 | 138,562 | 57,513 | |
| Appropriation of the result | ||||
9906 |
300,751 | 196,076 | 57,513 | |
14P |
196,076 | 57,513 | - | |
| Document | ||||
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 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 147,443 | 184,283 | 72,972 | ||
| 111,180 | 139,020 | 57,591 | ||
| 41,611 | 1,175 | 1,481 | ||
| -26,403 | 71,618 | - | ||
| 265,524 | 196,255 | 58,779 | ||
| 87.3% | 78.2% | 66.0% | ||
| 7.02 | 4.58 | 2.96 | ||
| 0.15 | 0.28 | 0.52 | ||
| 34.6% | 70.0% | 96.6% | ||
| 30.2% | 54.7% | 63.8% | ||
| 42.99 | 69.52 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €41,611 | €1,175 | €1,481 |
| €6,505 | €458 | €78 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MATHAM
The operating result for 2025 is 23% lower than in 2024.
Debt's share of the balance-sheet total falls from 21.8% to 12.7%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 19-09-2023
listed in the 2025 annual accounts, filed on 26-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Iedere bestuurder afzonderlijk vertegenwoordigt de vennootschap ten aanzien van derden en treedt op namens de vennootschap in rechte als…”deed of 19-09-2023
Mandates through the years
1 name, the dashed line is todayLAURYSSEN Bart Lodewijk
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- LAURYSSEN Bart Lodewijk
- Director (not named in the articles), appointed by deed of 19-09-2023, still in office
Control
Founders
LAURYSSEN Bart Lodewijk, APERS Katrien José Rita
This company
MATHAM
Equity €302,751
Profit €104,675 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €3,028 in 2025
- Source
- deed of 19-09-2023
Articles of association
deed of 19-09-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00
Shareholders
At incorporation
deed of 19-09-2023 ↗
- LAURYSSEN Bart Lodewijk 50 shares (50%) · €1,000
- APERS Katrien José Rita 50 shares (50%) · €1,000
Network & group
No group
MATHAM has no parent and no holdings in its annual accounts. LAURYSSEN Bart Lodewijk is the only director. MATHAM shares no director with another company.
Timeline
Timeline
9 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Equity above €200,000 equity €302,751 ▲52.8% With a profit in every financial year since 2023, equity grows to €302,751.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805911335
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Highest result from 2023 to 2025 net €138,562 ▲141% The operating result of €183,825 and the net result of €138,562 are both a record.
Equity above €150,000 equity €198,076 ▲233% With a profit in every financial year since 2023, equity grows to €198,076.
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
2023
IncorporationFounding capital of €2,000, 100 shares · Founders: LAURYSSEN Bart Lodewijk and APERS Katrien José Rita · Appointment: LAURYSSEN Bart Lodewijk (director) · published on 19-09-20235 points ▸
- Founder, LAURYSSEN Bart Lodewijk
- Founder, APERS Katrien José Rita
- Founding capital, €2,000, 100 shares
- Director appointment, LAURYSSEN Bart Lodewijk (director (not named in the articles))
- Registered office clause, Sint Martinusstaat 9, 2980 Halle-Zoersel
- The deed holds 5 more points.
First establishment Sint Martinusstraat 9, Zoersel
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
MATHAM was incorporated on 15 September 2023 as a private limited company by two natural persons, with a starting capital of €2,000.12 LAURYSSEN Bart Lodewijk is director of the company, appointed by deed of 19-09-2023.2 Total assets rose from €90,208 in 2023 to €346,850 in 2025.3
Company details
Identity
- Enterprise number
- 0805.911.335
- VAT number
- BE 0805.911.335
- Peppol ID
- 0208:0805911335
- Other Peppol ID
- 9925:BE0805911335
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-09-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00deed of 19-09-2023 (in Dutch)
- Peppol
- Reachable since 07-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MATHAM in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-09-2023 (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 19-09-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van diensten en adviezen aan derden; zakelijke dienstverlening, alle dienstverlening van economische aard en overige…”deed of 19-09-2023 (in Dutch)
3 activities
- Het verlenen van diensten en adviezen aan derden; zakelijke dienstverlening, alle dienstverlening van economische aard en overige dienstverlening hoofdzakelijk aan bedrijven, daaronder mede begrepen het verstrekken van advies, consulting en diensten in de ruimste zin van het woord op het gebied van administratie, management, sales, financiën, marketing, vertalingen, juridische zaken en alle aanverwante vraagstukken;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen,
- Verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het geode verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sint Martinusstraat 9 registered office 2980 Zoersel | 15-09-2023 | 2.349.548.648 |
Buildings and parcels at the address
- Ground area
- 543 m²
- Buildings
- 117 m²
- Volume, LiDAR
- 15 m³
- Tallest building
- 1.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11017B0098/00N002 | 543 m² | 1 · 117 m² | 1.6 m |