MATHANJE
ActiveMATHANJE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190k and a net result of €79k. Equity is growing by ~63.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 2.1 in 2023), and 25% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
52 d late
2023
60 d late
2022
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€190k▲ 70.4%
2023 · €112k
2022: €49k
2023: €112k
2022 → 2024
Total assets
€253k▲ 56.1%
2023 · €162k
2022: €93k
2023: €162k
2022 → 2024
Net result
€79k▲ 24.7%
2023 · €63k
2022: €46k
2023: €63k
2022 → 2024
Working capital
€125k▲ 125%
2023 · €56k
2022: €6k
2023: €56k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€49k-€112k▲ 130%€190k▲ 70.4%
Operating result€59k-€79k▲ 35.0%€96k▲ 20.9%
Net result€46k-€63k▲ 38.1%€79k▲ 24.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 21% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €253k
Fixed assets
€65k▲ 16.4%
Current assets
€188k▲ 77.0%
Equity and liabilities €253k
Equity
€190k▲ 70.4%
Debt
€63k▲ 24.8%
The debt ratio falls from 31.3% to 25.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€101k▲
2023 · €83k
Cash flow
€84k▲
2023 · €67k
Solvency
75.0%▲
2023 · 68.7%
Current ratio
2.97▲
2023 · 2.10
Quick ratio
2.97▲
2023 · 2.10
Debt / equity
0.33▼
2023 · 0.46
ROE
41.3%▼
2023 · 56.4%
ROA
31.0%▼
2023 · 38.8%
Interest coverage
107.11▲
2023 · 69.83
Debt
€63k▲
2023 · €51k
Debt ≤ 1 year
€63k▲
2023 · €51k
Income taxes
€22k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€162k€253k▲
Fixed assets21/28€56k€65k▲
Tangible fixed assets22/27€56k€65k▲
Land and buildings22€39k€44k▲
Plant, machinery and equipment23-€797
Furniture and vehicles24€17k€17k▼
Other tangible fixed assets26-€4k
Current assets29/58€106k€188k▲
Amounts receivable within one year40/41€106k€188k▲
Trade receivables40€24k€32k▲
Other amounts receivable41€82k€156k▲
Deferred charges and accrued income490/1€602€645▲
Equity and liabilities
Total equity and liabilities10/49€162k€253k▲
Equity10/15€112k€190k▲
Contributions10/11€3k€3k=
Reserves13€109k€187k▲
Distributable reserves133€109k€187k▲
Amounts payable17/49€51k€63k▲
Amounts payable within one year42/48€51k€63k▲
Financial debts43-€38
Credit institutions430/8-€38
Trade debts44€742€2k▲
Suppliers440/4€742€2k▲
Taxes, remuneration and social security45€25k€36k▲
Taxes450/3€25k€33k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€25k€25k=
Income statement
Code20232024
Non-recurring operating income76A€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€445€2k▲
Gross operating margin9900€84k€103k▲
Operating profit (loss)9901€79k€96k▲
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€1k€947▼
Recurring financial charges65€1k€947▼
Profit (loss) for the period before taxes9903€80k€101k▲
Income taxes67/77€17k€22k▲
Profit (loss) for the period9904€63k€79k▲
Profit (loss) for the period to be appropriated9905€63k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€79k▲
Transfer to equity691/2€63k€79k▲
To other reserves6921€63k€79k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
31-12
Financial
Highest result since 2022net €79k ▲24.7%
Operating result €96k, net result €79k, both a record.
31-12
Financial
Equity above €150kEq €190k ▲70.4%
3 profitable years in a row build equity to €190k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
02-01
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Director resignation
2023
31-12
Financial
Equity above €100kEq €112k ▲130%
2 profitable years in a row build equity to €112k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
Financial milestoneState Gazette actNBB 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, Heusden-Zolder · 1 establishment unit since 2021
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.
Hyacintenlaan 153550 Heusden-ZolderGround area
1,150 m²
Building footprint
239 m²
Volume, LiDAR
3,482 m³
Parcel 71462C0068/00C004, Flanders · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MATHANJE
since 20212.325.387.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462C0068/00C004 | Flanders | 1,150 m² | 1 · 239 m² | 19.8 m · 5 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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LANDRON-VICARD Management
BE 0803.015.191
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BE 0887.518.524
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LOTTARISK
BE 0770.625.606
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,061 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.