Age5 yrs
Real estate1 parcel · 580 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MATHIB is 0.4% (very low). The 2024 annual accounts show equity of €56k and a net result of €32k. Equity is growing by ~95.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 12464 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 02-07-2025 | 29 d early | 2025-00221059 |
| 31-12-2023 | 31-07-2024 | 17-06-2024 | 44 d early | 2024-00132301 |
| 31-12-2022 | 31-07-2023 | 03-07-2023 | 28 d early | 2023-00189061 |
| 31-12-2021 | 31-07-2022 | 05-07-2022 | 26 d early | 2022-20133788 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.4%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€32k+118.0%
Working capital€-49k+39.0%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 02-07-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.2% | 60.6% | |
| Net result | €32k | €31k | |
| Equity | €56k | €63k | |
| Gross operating margin | €39k | €52k | |
| Total assets | €186k | €124k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P25
Improving position over 2021-2024
· n=3465-12464
P50
Improving position over 2021-2024
· n=3464-12466
P46
Improving position over 2021-2024
· n=3470-12472
P41
Improving position over 2021-2024
· n=3455-12452
Describes the position versus peers, not a forecast.
€37k
+202.1%
21-24
€32k
+118.0%
21-24
€43k
+65.4%
21-24
€186k
+17.2%
21-24
€56k
+128.6%
21-24
€-49k
+39.0%
21-24
€10k
+717.0%
21-24
€130k
-3.2%
21-24
€119k
+6.4%
21-24
€11k
-52.0%
21-24
0.59
+112.4%
21-24
0.59
+112.4%
21-24
30.2%
+95.1%
21-24
2.31
-57.7%
21-24
56.3%
-4.6%
21-24
17.0%
+86.1%
21-24
97.69
+209.8%
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €37k |
| Net profit | €32k |
| Cash flow | €43k |
| Staff costs | - |
| Income taxes | €10k |
| Dividends | - |
| Total assets | €186k |
| Equity | €56k |
| Debt | €130k |
| of which ≤ 1y | €119k |
| of which > 1y | €11k |
| Working capital | €-49k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.59 |
| Quick ratio | 0.59 |
| Working capital ratio | -26.6% |
| Solvency | 30.2% |
| Debt / equity | 2.31 |
| Long-term debt ratio | 0.19 |
| Interest coverage | 97.69 |
| Gross margin | - |
| Net margin | - |
| ROA | 17.0% |
| ROE | 56.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €186k |
| Fixed assets | 21/28 | €116k |
| Tangible fixed assets | 22/27 | €21k |
| Financial fixed assets | 28 | €95k |
| Current assets | 29/58 | €70k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €66k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €186k |
| Equity | 10/15 | €56k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €47k |
| Accumulated profits (losses) | 14 | €4k |
| Amounts payable | 17/49 | €130k |
| Amounts payable after one year | 17 | €11k |
| Amounts payable within one year | 42/48 | €119k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €25k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €380 |
| Result before taxes | 9903 | €41k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €32k |
| Result to be appropriated | 9905 | €32k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed61
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Koutermolenstraat 21 C8610 KortemarkEstablishment units
1 locationMATHIB
since 20202.311.508.614
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area580 m²
Buildings1
Building footprint84 m²
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011B1074/00S002 | Flanders | 580 m² | 1 · 84 m² | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Company purpose
text: I. Algemene activiteiten ... II. Beheer van een eigen roerend en onroerend vermogen ... III. Bijzondere bepalingen ...
Per act of 17-04-2026
Capital history · 2
31-07-2026
Capital increase: after: 29461.88, delta: 8534.09, amount: 29461.88, before: 20927.79, premium: 0, currency: EUR, shares_issued: 490
17-04-2026
Founding capital: shares: 2130
All acts · 2
updated 12 days ago
2026
31-07-2026 Act object · Notarial deed · General meeting · Demerger
- Act object: Partiële splitsing door overneming van "A-EEN" BV naar "VANDOUSSELAERE EN NOLF" BV- Vermogensverhoging - wijzigen naam · VANDOUSSELAERE EN NOLF
- Publication: 31/07/2026 · VANDOUSSELAERE EN NOLF
- Filing: 23/07/2026 · VANDOUSSELAERE EN NOLF
- Notarial deed: 26/06/2026 · VANDOUSSELAERE EN NOLF
- General meeting: 26/06/2026 · VANDOUSSELAERE EN NOLF
- Demerger: date: 26/06/2026, type: partial_split_by_takeover · VANDOUSSELAERE EN NOLF
- Net asset statement: date: 31/12/2025, amount: 69094.66, currency: EUR, description: netto-actief van het af te splitsen vermogen · A-ÉEN
- Capital increase: after: 29461.88, delta: 8534.09, amount: 29461.88, before: 20927.79, premium: 0, currency: EUR, shares_issued: 490 · VANDOUSSELAERE EN NOLF
- Share issue: type: new_shares, count: 490 · VANDOUSSELAERE EN NOLF
- Name change: to: Insurfin Kortemark, from: VANDOUSSELAERE EN NOLF · VANDOUSSELAERE EN NOLF
- Statute amendment: article: Artikel 5, content: Aanpassing aantal aandelen van 497 naar 987 · VANDOUSSELAERE EN NOLF
- Power of attorney: Machtiging aan bestuurders tot uitvoering besluiten en administratieve formaliteiten · bestuurders
- Filing representative: Volmacht om statuten te coördineren, neerlegging en publicatie te verzorgen · Christophe Vandeurzen
- Accounting effect: 01/01/2026 · VANDOUSSELAERE EN NOLF
Summary:
Act object · Notarial deed · General meeting · Demerger
17-04-2026 Act object · Incorporation · Founder · Founding capital
- Act object: OPRICHTING · INSURFIN HOLDING
- Incorporation: date: 2026-04-15, notary: Jo DE HAESE, location: Koekelare · INSURFIN HOLDING
- Filing: date: 2026-04-15 · INSURFIN HOLDING
- Publication: date: 2026-04-17, publication: Bijlagen bij het Belgisch Staatsblad - 17/04/2026 · INSURFIN HOLDING
- Founder · INSURFIN HOLDING
- Founder · INSURFIN HOLDING
- Founder · INSURFIN HOLDING
- Founding capital: shares: 2130 · INSURFIN HOLDING
- Auditor report: date: 2026-03-26, representative: VANDEWALLE Peter, subject_matter: waardering van voormelde aandelen · INSURFIN HOLDING
- Officer appointment: role: niet-statutair bestuurder, duration: onbepaalde duur, permanent_representative: HOORNAERT Benny Frans Albert · INSURFIN HOLDING
- Officer appointment: role: niet-statutair bestuurder, duration: onbepaalde duur, permanent_representative: VANDOUSSELAERE Sofie Maria Andrea · INSURFIN HOLDING
- Officer appointment: role: niet-statutair bestuurder, duration: onbepaalde duur, permanent_representative: NOLF Veerle Angela Wilhelmina · INSURFIN HOLDING
- First fiscal year: end: 2026-12-31, start: 2026-04-15 · INSURFIN HOLDING
- Annual meeting schedule: rule: derde zaterdag van de maand juni om 14 u · INSURFIN HOLDING
- General meeting: date: 2027-06, rule: derde zaterdag van de maand juni 2027 · INSURFIN HOLDING
- Purpose: text: I. Algemene activiteiten ... II. Beheer van een eigen roerend en onroerend vermogen ... III. Bijzondere bepalingen ... · INSURFIN HOLDING
- Representation rule: rule: Als er slechts één bestuurder is, is het geheel van de bevoegdheden van het bestuursorgaan aan hem/haar toegekend ... Indien de vennootschap door twee bestuurders wordt bestuurd, wordt ... aan elk van hen de bevoegdheid verleend om alleen alle handelingen te verrichten ... Indien er drie of meer bestuurders zijn, vormen zij een college ... · INSURFIN HOLDING
- Governance rule: rule: De vergadering beslist het aantal bestuurders te bepalen op 3 (drie). · INSURFIN HOLDING
- Governance rule: rule: De algemene vergadering kan enkel op geldige wijze samengesteld zijn indien minstens de aanwezige of vertegenwoordigde aandeelhouders minstens drie vierden van de stemrechten vertegenwoordigen. · INSURFIN HOLDING
- Governance rule: rule: besluiten genomen bij gewone meerderheid van stemmen ... beslissingen omtrent de aanstelling en afzetting van een (al dan niet statutaire) bestuurder ... mits drie vierden onder de uitgebrachte stemmen · INSURFIN HOLDING
Summary:
Act object · Incorporation · Founder · Founding capitalNotary:
Jo DE HAESE
Analysis
Snowflake analysis
financial profile on 5 axes74
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
61
Profitability
100
Solvency
38
Growth
78
Stability
94
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Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100
Primary activity highlighted.
Names & trade names
| Legal nameNL | MATHIB |
Registered office
Koutermolenstraat 21 C
8610 Kortemark, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.