Summary
Mathieu Paulus is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11,430 and a net result of €21,930. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 28% of 8091 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
37 d early
2023
19 d early
2022
41 d early
2021
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 13 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€11,430▲ 281%
2024 · €3,000
Net result
€21,930▲ 51.1%
2024 · €14,510
Total assets
€47,000▲ 35.5%
2024 · €34,690
Solvency
24.3%▲ 15.7pp
2024 · 8.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,628-€5,919▼ 44.3%€17,000▲ 187%€19,374▲ 14.0%€28,630▲ 47.8%
Net result€8,156within the sector's middle half-€4,435within the sector's middle half▼ 45.6%€12,587within the sector's middle half▲ 184%€14,510within the sector's middle half▲ 15.3%€21,930within the sector's middle half▲ 51.1%
Equity€10,356below the sector's middle half-€13,990below the sector's middle half▲ 35.1%€26,577below the sector's middle half▲ 90.0%€3,000below the sector's middle half▼ 88.7%€11,430below the sector's middle half▲ 281%
Total assets€26,349below the sector's middle half-€34,385below the sector's middle half▲ 30.5%€45,787below the sector's middle half▲ 33.2%€34,690below the sector's middle half▼ 24.2%€47,000below the sector's middle half▲ 35.5%
Debt€15,993-€20,395▲ 27.5%€19,209▼ 5.8%€31,690▲ 65.0%€35,570▲ 12.2%
Working capital€9,491within the sector's middle half-€13,564within the sector's middle half▲ 42.9%€26,477within the sector's middle half▲ 95.2%€3,534within the sector's middle half▼ 86.7%€11,641within the sector's middle half▲ 229%
Solvency39.3%within the sector's middle half-40.7%within the sector's middle half▲ 1.4pp58.0%within the sector's middle half▲ 17.4pp8.6%below the sector's middle half▼ 49.4pp24.3%within the sector's middle half▲ 15.7pp
Current ratio1.59within the sector's middle half-1.67within the sector's middle half▲ 0.082.39within the sector's middle half▲ 0.721.11within the sector's middle half▼ 1.271.33within the sector's middle half▲ 0.22
Return on assets (ROA)31.0%above the sector's middle half-12.9%within the sector's middle half▼ 18.1pp27.5%above the sector's middle half▲ 14.6pp41.8%above the sector's middle half▲ 14.3pp46.7%above the sector's middle half▲ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,000
Fixed assets
€590
Current assets
€46,410
Equity and liabilities €47,000
Equity
€11,430 ▲ 281%
Debt
€35,570 ▲ 12.2%
Debt's share of the balance-sheet total falls from 91.4% to 75.7%. Equity and debt are higher.
Key figures and ratios
ROE
191.9%▼
2024 · 483.7%
Debt ≤ 1 year
€34,768▲
2024 · €31,156
Income taxes
€6,438▲
2024 · €4,723
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €922 | €326 | €326 | €213 | €135 | ▼ 36.3% |
| Other operating charges640/8 | €418 | €256 | €242 | €577 | €762 | ▲ 32.0% |
| Gross operating margin9900 | €11,968 | €6,501 | €17,567 | €20,163 | €29,527 | ▲ 46.4% |
| Operating profit (loss)9901 | €10,628 | €5,919 | €17,000 | €19,374 | €28,630 | ▲ 47.8% |
| Financial income75/76B | - | - | €0 | €112 | - | - |
| Recurring financial income75 | - | - | €0 | €112 | - | - |
| Financial charges65/66B | €74 | €124 | €223 | €252 | €262 | ▲ 4.0% |
| Recurring financial charges65 | €74 | €124 | €223 | €252 | €262 | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €10,554 | €5,795 | €16,777 | €19,234 | €28,368 | ▲ 47.5% |
| Income taxes67/77 | €2,398 | €1,361 | €4,190 | €4,723 | €6,438 | ▲ 36.3% |
| Profit (loss) for the period9904 | €8,156 | €4,435 | €12,587 | €14,510 | €21,930 | ▲ 51.1% |
| Profit (loss) for the period to be appropriated9905 | €8,156 | €4,435 | €12,587 | €14,510 | €21,930 | ▲ 51.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,349 | €34,385 | €45,787 | €34,690 | €47,000 | ▲ 35.5% |
| Fixed assets21/28 | €864 | €538 | €213 | - | €590 | - |
| Tangible fixed assets22/27 | €864 | €538 | €213 | - | €590 | - |
| Plant, machinery and equipment23 | €864 | €538 | €213 | - | €246 | - |
| Furniture and vehicles24 | - | - | - | - | €344 | - |
| Current assets29/58 | €25,485 | €33,847 | €45,574 | €34,690 | €46,410 | ▲ 33.8% |
| Amounts receivable within one year40/41 | €10,443 | €10,116 | €10,086 | €11,638 | €13,295 | ▲ 14.2% |
| Trade receivables40 | €10,438 | €10,001 | €9,767 | €11,052 | €13,000 | ▲ 17.6% |
| Other amounts receivable41 | €5 | €115 | €319 | €587 | €295 | ▼ 49.6% |
| Cash at bank and in hand54/58 | €15,042 | €23,564 | €35,488 | €23,052 | €33,115 | ▲ 43.7% |
| Deferred charges and accrued income490/1 | - | €166 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,349 | €34,385 | €45,787 | €34,690 | €47,000 | ▲ 35.5% |
| Equity10/15 | €10,356 | €13,990 | €26,577 | €3,000 | €11,430 | ▲ 281% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €7,356 | €10,990 | €23,577 | - | €8,430 | - |
| Amounts payable17/49 | €15,993 | €20,395 | €19,209 | €31,690 | €35,570 | ▲ 12.2% |
| Amounts payable within one year42/48 | €15,993 | €20,283 | €19,097 | €31,156 | €34,768 | ▲ 11.6% |
| Trade debts44 | €1,090 | €222 | - | €454 | €241 | ▼ 46.8% |
| Suppliers440/4 | €1,090 | €222 | - | €454 | €241 | ▼ 46.8% |
| Taxes, remuneration and social security45 | €12,059 | €13,234 | €10,464 | €10,492 | €11,413 | ▲ 8.8% |
| Taxes450/3 | €9,559 | €10,717 | €7,896 | €7,890 | €8,793 | ▲ 11.4% |
| Remuneration and social security454/9 | €2,500 | €2,517 | €2,568 | €2,602 | €2,620 | ▲ 0.7% |
| Other amounts payable47/48 | €2,844 | €6,827 | €8,633 | €20,211 | €23,115 | ▲ 14.4% |
| Accrued charges and deferred income492/3 | - | €112 | €112 | €534 | €801 | ▲ 50.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,156 | €4,435 | €12,587 | €14,510 | €21,930 | ▲ 51.1% |
| + Depreciation and write-downs630 | €922 | €326 | €326 | €213 | €135 | ▼ 36.3% |
| Operating cash flow (approximation) | €9,078 | €4,760 | €12,913 | €14,723 | €22,066 | ▲ 49.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €8,523 | €11,924 | -€12,437 | €10,063 | ▲ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2021net €21,930 ▲51.1%
Operating result €28,630, net result €21,930, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4,435 ▼45.6%
Net result drops to €4,435, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brugge · 1 establishment unit since 2021
Ground area
2,335 m²
Building footprint
369 m²
Volume, LiDAR
1,982 m³
Parcel 31027D0050/00N000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Mathieu Paulus
since 20212.318.413.925
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0050/00N000 | Flanders | 2,335 m² | 1 · 369 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Renegade
BE 0840.651.488
Heusden-Zolder · Eq €11,427
BENOLI
BE 1010.626.964
Bilzen-Hoeselt · Eq €11,422
Allotte
BE 0607.940.768
Lier · Eq €11,461
VePe Invest
BE 0794.115.145
Zutendaal · Eq €11,391
ToerMalijn
BE 1005.942.953
Meise · Eq €11,389
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 5,532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769746468
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.