MATHIJS
ActiveSummary
MATHIJS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,376 and a net result of €45,629. Equity has been growing by about 60% per year since 2020. Its solvency ranks better than 73% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-04-2013 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.219.800.656 9971 Kaprijke, since 09-04-2013
- Financial year end
- 31 March
- Peppol
- Reachable since 08-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €64,729
- ▲ 293%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €45,629
- ▲ 337%
- Equity
- €73,376
- ▲ 164%
- Total assets
- €95,692
- ▲ 65.3%
- 2026 accounts not filed, 4 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 4.22, cash €16,351, halvedSize: total assets €95,692Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 55% on liquidity, 84% on profitability and 93% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 30 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
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Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-10-2025 PDF all 8 filings
Every figure per financial year
The operating result for 2025 is 4.3 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €515 | - | €577 | €1,590 |
| Depreciation and write-downs of the year | €495 | €581 | €673 | €621 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €5,716 awarded · €5,716 paid| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,812 | €495 | €581 | €673 | €621 | ▼ 7.7% |
| Other operating charges640/8 | - | - | €1,560 | €305 | €1,086 | €704 | ▼ 35.2% |
| Gross operating margin9900 | €0 | €13,241 | €27,640 | €1,252 | €16,483 | €64,729 | ▲ 293% |
| Operating profit (loss)9901 | - | €8,759 | €25,585 | €366 | €14,723 | €63,404 | ▲ 331% |
| Financial income75/76B | - | - | €105 | - | €0 | €251 | ▲ 25,123× |
| Recurring financial income75 | - | €144 | €105 | - | €0 | €251 | ▲ 25,123× |
| Financial charges65/66B | - | - | €339 | €317 | €227 | €364 | ▲ 60.3% |
| Recurring financial charges65 | - | €186 | €339 | €317 | €227 | €364 | ▲ 60.3% |
| Profit (loss) for the period before taxes9903 | - | €8,717 | €25,351 | €49 | €14,496 | €63,291 | ▲ 337% |
| Income taxes67/77 | - | - | €6,610 | €140 | €4,055 | €17,662 | ▲ 336% |
| Profit (loss) for the period9904 | - | €8,717 | €18,741 | -€90 | €10,440 | €45,629 | ▲ 337% |
| Profit (loss) for the period to be appropriated9905 | - | €8,717 | €18,741 | -€90 | €10,440 | €45,629 | ▲ 337% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €17,803 | €22,671 | €51,705 | €27,649 | €57,882 | €95,692 | ▲ 65.3% |
| Fixed assets21/28 | €3,619 | €1,225 | €1,245 | €665 | €568 | €1,537 | ▲ 170% |
| Intangible fixed assets21 | €3,619 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | - | €1,225 | €1,245 | €665 | €568 | €1,537 | ▲ 170% |
| Furniture and vehicles24 | - | - | €1,245 | €665 | €568 | €1,537 | ▲ 170% |
| Current assets29/58 | €14,184 | €21,446 | €50,460 | €26,984 | €57,313 | €94,155 | ▲ 64.3% |
| Amounts receivable within one year40/41 | €14,184 | €3,649 | €20,477 | €762 | €21,574 | €27,341 | ▲ 26.7% |
| Trade receivables40 | - | - | €20,394 | €429 | €20,177 | €27,240 | ▲ 35.0% |
| Other amounts receivable41 | - | - | €83 | €333 | €1,397 | €102 | ▼ 92.7% |
| Current investments50/53 | - | - | - | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | - | €17,797 | €29,983 | €26,223 | €35,677 | €16,351 | ▼ 54.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €62 | €462 | ▲ 646% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €17,803 | €22,671 | €51,705 | €27,649 | €57,882 | €95,692 | ▲ 65.3% |
| Equity10/15 | -€8,250 | -€1,343 | €17,398 | €17,307 | €27,748 | €73,376 | ▲ 164% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Capital10 | - | - | €2,500 | €2,500 | - | - | - |
| Issued capital100 | - | - | €2,500 | €2,500 | - | - | - |
| Reserves13 | - | - | €14,898 | €14,898 | €25,248 | €70,876 | ▲ 181% |
| Distributable reserves133 | - | - | €14,898 | €14,898 | €25,248 | €70,876 | ▲ 181% |
| Profit (loss) carried forward14 | -€10,750 | -€3,843 | - | -€90 | - | - | - |
| Amounts payable17/49 | €26,053 | €24,014 | €34,307 | €10,342 | €30,134 | €22,315 | ▼ 25.9% |
| Amounts payable within one year42/48 | €26,053 | €24,014 | €34,307 | €10,342 | €30,134 | €22,315 | ▼ 25.9% |
| Trade debts44 | €7,362 | €8,716 | €9,330 | €675 | €16,172 | €6,974 | ▼ 56.9% |
| Suppliers440/4 | - | - | €9,330 | €675 | €16,172 | €6,974 | ▼ 56.9% |
| Taxes, remuneration and social security45 | - | - | €13,854 | €419 | €10,315 | €11,584 | ▲ 12.3% |
| Taxes450/3 | - | - | €11,175 | €419 | €6,899 | €11,584 | ▲ 67.9% |
| Remuneration and social security454/9 | - | - | €2,679 | - | €3,416 | - | - |
| Other amounts payable47/48 | - | - | €11,123 | €9,247 | €3,647 | €3,757 | ▲ 3.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €8,717 | €18,741 | -€90 | €10,440 | €45,629 | ▲ 337% |
| + Depreciation and write-downs630 | - | €1,812 | €495 | €581 | €673 | €621 | ▼ 7.7% |
| Operating cash flow (approximation) | - | €10,529 | €19,236 | €490 | €11,114 | €46,250 | ▲ 316% |
| Investment in fixed assets (approximation) | - | €582 | -€515 | -€0 | -€577 | -€1,590 | ▼ 176% |
| Change in cash | - | - | €12,186 | -€3,761 | €9,455 | -€19,326 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as MATHIJS has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of MATHIJS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for MATHIJS. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 30-10-2025 | 2025-00554661 | |
| 31-03-2024 | micro format | 29-10-2024 | 2024-00518373 | |
| 31-03-2023 | micro format | 26-02-2024 | 2024-00035077 | |
| 31-03-2022 | abbreviated format | 02-11-2022 | 2022-20481560 | |
| 31-03-2021 | abbreviated format | 27-12-2021 | 2021-81900020 | |
| 31-03-2020 | abbreviated format | 03-11-2020 | 2020-67900395 | |
| 31-03-2016 | abbreviated format | 28-10-2016 | 2016-67000307 | |
| 31-03-2015 | abbreviated format | 03-09-2015 | 2015-58200072 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-01-2024 Converted to available equity
Network & group
MATHIJS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MATHIJS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-01
Gazette deed
Reappointment: Alain Mathijs (bestuurder)Appointment: Alain Mathijs (statutory director) · Amendment of the articles · Capital conversion7 points ▸
- General meeting, “buitengewone algemene vergadering van aandeelhouders, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles, mentioned 4 times in the deed
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Director reappointment, Alain Mathijs ((statutair) bestuurder)
- Purpose change, mentioned 2 times in the deed
- Capital
- Director appointment, Alain Mathijs (statutory director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
32 activities
- De installatie van bedrading en toebehoren,de installatie van hulpvoedingssystemen,de installatie van de bedrading van telefooninstallaties,parlofonie,videofonie en computersystemen,de installatie van elektrische verwarmingsinstallaties,de installatie van databekabeling,en in de breedste zin alle activiteiten die verband houden met elektrotechnische installaties
- De uitwerking,de installatie en realisatie van projecten op het gebied van de elektriciteit en elektronica,domotica en automatiseringprocessen,klimaatbeheersing en ventilatie,luchtbehandelingsinstallaties,koeltechniek,branddetectie,verwerking en voorkomen van pollutie en dergelijke
- Alle werken en installaties die betrekking hebben op energiebesparende investeringen zoals zonnecollectoren,zonneboilers,zonnepanelen,warmtepompen en de daarbij horende installaties voor verwarming en waterbehandeling
- De uitwerking,de installatie en realisatie van projecten op het gebied van sanitaire installaties
- De ontwikkeling,productie,commercialisering en installatie van besturingssystemen die met voornoemde installaties verband houden
- Het verlenen van technische ondersteuning aan andere bedrijven bij het optekenen en uitwerken van offertes en het begeleiden van hun projecten
- Begeleiding,logistieke en technische ondersteuning aan particulieren tijdens de uitvoering van de door hen uitgevoerde werken
- De groot en kleinhandel,import en export,aankoop en verkoop van alle apparatuur die met voornoemde activiteiten in verband staat,verwarmingsinstallaties,alarminstallaties en beveiligingsapparatuur,domotica,aircotoestellen en andere luchtbehandelingsinstallaties,verlichtingsapparatuur,elektrisch en elektronisch materieel,kabels,draad,schakelaars,schakelkasten en dergelijke,alsook alle materialen met betrekking tot sanitaire installaties en andere bouwsectoren.Hiermee wordt eveneens de online verkoop bedoeld
- Het aankopen,bouwen,verbouwen en renoveren,verhuren en verkopen van onroerende goederen(geen activiteiten als vastgoedmakelaar)
- Het uitvoeren van herstellingswerken en onderhoudswerken aan boten
- Het ontwerpen en vervaardigen van machines en apparatuur
- Het aankopen,bouwen,verbouwen en renoveren,verhuren en verkopen van boten
- Alle werken en installaties die betrekking hebben op elektrificeren van boten
- De groot en kleinhandel,import en export,aankoop en verkoop van alle apparatuur die met voornamede activiteiten
- Organisatie en uitvoering van sportevenementen met boten
- Het verlenen van advies en uitvoeren op het gebied van bedrijfsbeheer
- Het verlenen van advies en uitvoeren op het gebied van bedrijfsvoering
- Het verlenen van advies en uitvoeren op gebied van een commerciële organisatie aan andere bedrijven
- Het verlenen van advies en uitvoeren van commerciële activiteiten voor andere bedrijven
- Organisatie en uitvoering van evenementen met oog op netwerken
- Het uitvoeren en verlenen van marktonderzoeken en reclamecampagnes
- Ontwerpen en voeren van reclame en promotiecampagnes voor derden via de verschillende media
- Het organiseren en uitvoeren van PR evenement voor derden
- De vennootschap kan eveneens alle onderhoud-en herstellingswerken aannemen die op voornoemde installatiewerken betrekking hebben.Bovendien kan zij eveneens tot voorwerp hebben voornoemde installaties in huur of leasing te geven
- Bovendien kan de vennootschap alle commerciële,industriële,roerende,onroerende of financiële handelingen verrichten die rechtstreeks of onrechtstreeks verband houden met haar voorwerp.Zij kan meer bepaald bij wijze van inbreng,fusie,inschrijving,financiële interventie of op enige andere wijze belangen nemen in vennootschappen,verenigingen of ondernemingen in België of in het buitenland,waarvan het voorwerp geheel of gedeeltelijk samenvalt,verband houdt of bijdraagt tot de realisatie ervan
- In het kader van haar voorwerp kan de vennootschap eveneens alle fabrieksmerken,patenten en vergunning nemen,kopen,verkopen en afstaan
- Het deelnemen in Belgische of vreemde,bestaande of op te richten vennootschappen en ondernemingen,door inschrijving,inbreng,ruil,koop,afstand,fusie of op welke andere wijze ook
- Het beleggen,beheren,valoriseren en cederen van roerende waarden en bezittingen,onder meer van participaties in andere vennootschappen.Het aankopen,verkopen en beheren van onroerende goederen
- Het besturen en begeleiden van ondernemingen en vennootschappen en het vervullen van de opdracht van bestuurder of vereffenaar
- De vennootschap kan alle verrichtingen uitvoeren die nodig of dienstig zijn tot verwezenlijking van haar voorwerp
- De vennootschap kan tot waarborg van haar eigen verbintenissen borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak
- De vennootschap kan in België als in het buitenland alle zetels van uitbating en fabricatie,alle bijhuizen,agenten,handelskantoren of stapelplaatsen oprichten,aankopen,overnemen van of overdragen aan andere fysieke of juridische personen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43009B1213/00D000 | Flanders | 1,653 m² | 1 · 293 m² | 5.9 m · 1 |