Financials
- Fiscal year
- 2025
- Total assets
- €296,852
- Profit
- €103,630
- Solvency
- 34.9%
Mathines
ActiveSummary
The computed 12-month bankruptcy probability of Mathines is 3.2% (moderate). The 2025 annual accounts show equity of €103,630 and a net result of €103,630. Its solvency ranks better than 53% of 1770 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of food products
NACE 10711
1 site
Size
€296,852total assets 2025
- Equity
- €103,630
- Profit
- €103,630
Turnover not published (abridged schema)
Structure
Accounts 8 d early0 of 1 deed read
Why 51- Founded in 2024- Sector Manufacture of food products (NACE 10)- Liquidity: current ratio 0.36, cash €4,194- Size: total assets €296,852Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 57% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
60
equity 34.9% of total assets
Liquidity
34
short-term debt 38.7% · cash 1.4%
Profitability
100
return on assets 34.9%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 3.6%
09-2025: 3.6%● 0.0% vs 08-2025
10-2025: 3.7%▲ +4.2% vs 09-2025
11-2025: 4.0%▲ +7.9% vs 10-2025
12-2025: 4.2%▲ +3.8% vs 11-2025
01-2026: 4.6%▲ +9.5% vs 12-2025
02-2026: 4.6%● 0.0% vs 01-2026
03-2026: 5.0%▲ +9.1% vs 02-2026
04-2026: 4.8%▼ -3.2% vs 03-2026
05-2026: 4.8%▼ -1.0% vs 04-2026
06-2026: 5.1%▲ +7.2% vs 05-2026
07-2026: 5.2%▲ +2.3% vs 06-2026highest value
08-2026: 3.2%▼ -38.1% vs 07-2026lowest value
09-2026: 3.2%● 0.0% vs 08-2026lowest value
10-2026: 3.2%● 0.0% vs 09-2026lowest value
- Founded in 2024 raises the probability for this profile
- Sector Manufacture of food products (NACE 10) raises the probability
- Liquidity: current ratio 0.36, cash €4,194 raises the probability
- Size: total assets €296,852 raises the probability for this profile
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.36; short-term debt: 38.7% and cash: 1.4% of total assets), and 65.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, micro). Better than this share of them on solvency 52%, liquidity 25%, profitability 95%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 23-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of food productsNACE 10711
- Founded
- 23-07-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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