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MATHI GIJBELS

Active
Private limited company (pre-2019)founded 200125 yrs activeIndustrieweg-Noord 1161, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0474.938.625

MATHI GIJBELS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350k and a net result of €-44k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
47 / 100
Fair▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency93▲+25
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 0.77 in 2024), and 43.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€44k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
55 d early
2023
1 d early
2022
63 d late
2021
9 d late
2020
102 d late
2019
69 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€350k▼ 11.1%
2024 · €394k
2018: €449k 2019: €459k 2020: €483k 2021: €496k 2022: €373k 2023: €395k 2024: €394k
2018 → 2025
Total assets
€620k▼ 21.0%
2024 · €784k
2018: €517k 2019: €506k 2020: €511k 2021: €529k 2022: €453k 2023: €434k 2024: €784k
2018 → 2025
Net result
€-44k▼ 9,910%
2024 · €-438
2018: €13k 2019: €10k 2020: €23k 2021: €13k 2022: €42k 2023: €22k 2024: €-438
2018 → 2025
Working capital
€217k
2024 · €-88k
2018: €334k 2019: €349k 2020: €362k 2021: €355k 2022: €222k 2023: €199k 2024: €-88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€496k-€373k▼ 24.8%€395k▲ 5.9%€394k▼ 0.1%€350k▼ 11.1%
Operating result€23k-€57k▲ 146%€24k▼ 57.1%€8k▼ 68.0%€-37k
Net result€13k-€42k▲ 216%€22k▼ 47.8%€-438€-44k▼ 9,910%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2021: €23k€23kNet result 2021: €13k€13kOperating result 2022: €57k€57kNet result 2022: €42k€42kOperating result 2023: €24k€24kNet result 2023: €22k€22kOperating result 2024: €8k€8kNet result 2024: €-438€-438Operating result 2025: €-37k€-37kNet result 2025: €-44k€-44k20212022202320242025
The operating result turns negative in 2025: a loss of €37k after €8k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €620k
Fixed assets €134k▼ 72.4%
Current assets €486k▲ 62.3%
Equity and liabilities €620k
Equity €350k▼ 11.1%
Debt €269k▼ 30.9%
The debt ratio falls from 49.7% to 43.5%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-21k
2024 · €70k
Cash flow
€-28k
2024 · €62k
Solvency
56.5%
2024 · 50.3%
Current ratio
1.80
2024 · 0.77
Quick ratio
0.67
2024 · 0.77
Debt / equity
0.77
2024 · 0.99
ROE
-12.5%
2024 · -0.1%
ROA
-7.1%
2024 · -0.1%
Interest coverage
-2.07
2024 · 5.67
Debt
€269k
2024 · €390k
Debt ≤ 1 year
€269k
2024 · €387k
Income taxes
€272
2024 · €2k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€784k€620k
Fixed assets21/28€485k€134k
Tangible fixed assets22/27€485k€134k
Land and buildings22€282k€0
Plant, machinery and equipment23€2k€3k
Furniture and vehicles24€88k€18k
Other tangible fixed assets26€113k€113k=
Current assets29/58€299k€486k
Amounts receivable after more than one year29€103k€0
Other amounts receivable291€103k€0
Stocks and contracts in progress3-€306k
Stocks30/36-€306k
Amounts receivable within one year40/41€0€8k
Trade receivables40€0€805
Other amounts receivable41€0€8k
Cash at bank and in hand54/58€193k€171k
Deferred charges and accrued income490/1€4k€752
Equity and liabilities
Total equity and liabilities10/49€784k€620k
Equity10/15€394k€350k
Contributions10/11€6k€6k=
Reserves13€388k€344k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€386k€342k
Amounts payable17/49€390k€269k
Amounts payable within one year42/48€387k€269k
Trade debts44€10k€0
Suppliers440/4€10k€0
Taxes, remuneration and social security45€18k€714
Taxes450/3€18k€714
Other amounts payable47/48€359k€269k
Accrued charges and deferred income492/3€3k€0
Income statement Code20242025
Non-recurring operating income76A-€884
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€16k
Other operating charges640/8€1k€2k
Non-recurring operating charges66A€0€12k
Gross operating margin9900€72k€-7k
Operating profit (loss)9901€8k€-37k
Financial income75/76B€6k€4k
Recurring financial income75€6k€4k
Financial charges65/66B€12k€10k
Recurring financial charges65€12k€10k
Profit (loss) for the period before taxes9903€1k€-44k
Income taxes67/77€2k€272
Profit (loss) for the period9904€-438€-44k
Profit (loss) for the period to be appropriated9905€-438€-44k
Appropriation of the result
Profit (loss) to be appropriated9906€-438€-44k
Transfer from equity791/2€438€44k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
01-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
31-12
Financial Liquidity doublescurrent ratio 1.80
Current ratio from 0.77 to 1.80; short-term debt falls from €387k to €269k.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial Highest result since 2018net €42k ▲216%
Operating result €57k, net result €42k, both a record.
09-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
10-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 102 days late
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
25-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
22-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 53 days late
19-07
State Gazette act General meeting · Demerger
Capital decrease · Capital
19-07
State Gazette act General meeting · Demerger
Capital decrease · Capital increase · Angélique Vandaele
12-05
State Gazette act Board meeting · Demerger
Capital · Corporate purpose
12-05
State Gazette act Board meeting · Demerger
Capital · Corporate purpose
2011
20-04
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are 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, Oudsbergen · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
4,508 m²
Building footprint
1,354 m²
Volume, LiDAR
14,519 m³
Parcel 71562B0912/00M003, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Industrieweg-Noord 1161, 3660 Oudsbergen
NACE 65231
since 20012.101.447.887
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71562B0912/00M003 Flanders 4,508 m² 1 · 1,354 m² 13.8 m · 4 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.

Structure & network

Connections & network

2 connected companies
Network connections
VKW LIMBURG
Shared director

Ownership & control

1 party
MATHI GIJBELSBE 0474.938.625
controls
Where this company holds controlthis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 37,086 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded07-06-2001
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68122Development of non-residential building projects
64200Holdings
64210Activities of holding companies
70112
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.