Equity
€305,219 from €793,641 in 2007
Equity fell by 62% in 19 years.
MATHEM
Lifetime
20 annual accounts with figures on one time axispeak €69,096 (2010)
€23,158▼ 7.7%
lowest -€225,159 (2008)
€104▼ 95.3%
peak €793,641 (2007)
€305,219unchanged
€96,372▼ 28.1%
Board1 name since 2022
-
Owners
Documentsfilings and deeds
09-11-202683 days before the deadline
2026abbreviated format
Result from €2,212 to €104Debts from €133,963 to €96,372Cash from €28,143 to €73,002
Key points
from the 2026 annual accountsFilings
20 annual accounts since 2007
The last five annual accounts were filed 46 to 83 days before the end of the period.
Position in the sector
€104
Lower net result than 85% of companies in building services and landscaping. Sector median €38,330 · 57 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,915 companies had the same profile as MATHEM has now. Each dot stands for 28 companies, two years later.
95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 10,915 companies, not a prediction for MATHEM. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887940374
Legal-form change · Resignations & appointments
Resignation: (director) · Permanent representative: · Appointment: (director) · General meeting of 20-02-2023 · Gazette deed
First establishment
Bruggestraat 23, Beernem
Incorporation
published on 22-03-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MATHEM Beernem | €401,591 | €23,158 | 76.0% | - |
| White Box Tielt | €236,720 | €29,755 | 97.5% | - |
| MIRAX Tervuren | €277,014 | €20,489 | -7.1% | 0 |
| PISTACHE Antwerp | €636,098 | €25,696 | 62.2% | - |
| JADE CONSULTANCE Namur | €580,005 | €25,395 | -4.4% | - |
| VDL Schilde | €616,547 | €34,711 | -17.0% | - |
| GUY VLOEBERGH Antwerp | €246,725 | €30,515 | 70.9% | - |
These companies have the same main activity as MATHEM: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €237,000 and €636,000, founded between 2004 and 2010.
Official details
Source: KBO- Status
- Active since 14-03-2007Normal situation
- Activity
- Combined facilities support activitiesNACE 81100
- Establishment unit
- 2.160.831.3868730 Beernem, since 21-03-2007
- Financial year end
- 30 June
- Peppol
- Reachable since 19-12-2025
Annual accounts to 30-06-2026
- ≈ €190,000estimated
- €401,591▼ 8.5%
- Filing
- Filed on 09-11-2026, 83 days before the end of the filing period
Insights on MATHEM
MATHEM files the abbreviated format. That format states no turnover. The gross margin rose from €9,879 in 2007 to €23,158 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MATHEM
- What is the company number of MATHEM?
- The company number of MATHEM is 0887.940.374. The VAT number is the same number with BE in front: BE 0887.940.374.
- Where is MATHEM based?
- The registered office is at Bruggestraat 23, 8730 Beernem.Company details
- What does MATHEM do?
- According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
- What is the legal form of MATHEM?
- MATHEM is a private limited company (BV).
- When was MATHEM founded?
- MATHEM was founded on 14-03-2007.
- Is MATHEM still active?
- Yes, MATHEM is an active enterprise in the KBO register.
- What is the turnover of MATHEM?
- The turnover in financial year 2026 is ≈ €190,000. This figure is estimated from the gross margin of €23,158 and 153 comparable companies (NACE 81). It probably lies between €100,000 and €430,000. It is a rough estimate.Financials
- Is MATHEM profitable?
- In financial year 2026, MATHEM made a profit of €104.
- Where can I find the annual accounts of MATHEM?
- MATHEM filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of MATHEM due?
- MATHEM must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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