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Mathe I

Active
Private limited companyfounded 200718 years activeJavanastraat 68, 3680 Maaseik, BelgiumKBO/BCE: BE 0893.153.432
Summary

Mathe I has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801,824 and a net result of -€11,476. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 11,011 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€1.2mtotal assets 2025
Equity
€801,824
Loss
-€11,476
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.8%
Structure
Parent
THEMA IMMO · 100%
Accounts filed 28 days late0 of 6 deeds read
Why 69- Liquidity: current ratio 1.54- Latest accounts 28 days late; 1 of the last 3 late+ Founded in 2007+ Size: total assets €1.2mShow the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 58% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 90-1
equity 65.1% of total assets
Liquidity 100=
short-term debt 0.4%
Profitability 18-7
return on assets -0.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.3%▲ +0.1 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▼ -0.2 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.1%▼ -0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.9 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.08 in 2024; short-term debt: 0.4% of total assets), and 34.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 75% on solvency, 98% on liquidity, 19% on profitability and 40% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.54
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2007
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €1.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filings
Deviation from the deadline
2025
28 days late
2024
13 days early
2023
61 days late
2022
74 days late
2021
31 days late
2020
94 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Liquidity times 32current ratio 1.08

Key points

  • Controlled by THEMA IMMOultimately: ALDENEIK 100% View
  • Total assets 20256 fiscal years filed €1.2m View
  • Active since 2007founded 29-10-2007 18 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Loss
-€11,476
Solvency
65.1%
Total assets▲ 0.2%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 30-09-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-12-2023Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
29-10-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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