Equity
€11,749 from €150,540 in 2024
Equity fell by 92% in 1 year.
Mathler
Lifetime
4 annual accounts with figures on one time axispeak €187,094 (2025)
€187,094▲ 11.4%
peak €131,209 (2025)
€131,209▲ 5.2%
peak €150,540 (2024)
€11,749▼ 92.2%
€304,300▲ 409%
Board1 name since 2021
1 director
Documentsfilings and deeds
10-02-202610 days late
2025micro format
Dividend €270,000Equity from €150,540 to €11,749Debts from €59,808 to €304,300Cash from €73,592 to €144,300
Key points
from the 2025 annual accountsTurnover
≈ €560,000 estimated
The micro format states no turnover.
Debts
€304,300 96% of the balance sheet
Suppliers 4%Taxes and wages 1%Other 95%
Of this, €302,925 falls due within a year.
Liquidity
0.99 was 3.14 in 2024
Short-term debts rose from €59,573 to €302,925.
Filings
4 annual accounts 3 late
The 2022 accounts came latest: 27 days after the end of the period.
Position in the sector
3.7%
Lower solvency than 89% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Mathler has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,153 companies, not a prediction for Mathler. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 27-05-2021
- 240 sharesdeed of 31-05-2021
- 240 sharesdeed of 31-05-2021
- 240 sharesdeed of 31-05-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768824176
Incorporation
Founders: , , and 1 other · 12,000 shares · Appointment: (director) · published on 31-05-2021 · Gazette deed
First establishment
Gravestraat 26, Wingene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Mathler Wingene | €316,048 | €187,094 | 3.7% | - |
| FOURTECH Harelbeke | €346,100 | €222,118 | 23.3% | - |
| RABAUT-HACHA Kortemark | €364,549 | €224,689 | 10.0% | - |
| YILMAZ CONSTRUCTIONS Sint-Niklaas | €279,182 | €175,958 | 16.2% | - |
| ERN TECH Saint-Hubert | €316,696 | €200,356 | 59.3% | - |
| Aliud Brecht | €364,301 | €194,711 | -30.4% | - |
| Ampere Durieux Wanze | €305,496 | €157,439 | 28.8% | - |
These companies have the same main activity as Mathler: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €279,000 and €365,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 27-05-2021Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.320.292.7558750 Wingene, since 27-05-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
Insights on Mathler
Mathler files the micro format. That format states no turnover. The gross margin rose from €15,002 in 2022 to €187,094 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Mathler
- What is the company number of Mathler?
- The company number of Mathler is 0768.824.176. The VAT number is the same number with BE in front: BE 0768.824.176.
- Where is Mathler based?
- The registered office is at Gravestraat 26, 8750 Wingene.Company details
- What does Mathler do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Mathler?
- Mathler is a private limited company (BV).
- When was Mathler founded?
- Mathler was founded on 27-05-2021.
- Is Mathler still active?
- Yes, Mathler is an active enterprise in the KBO register.
- What is the turnover of Mathler?
- The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €187,094 and 38 comparable companies (NACE 43211). It probably lies between €380,000 and €680,000.Financials
- Is Mathler profitable?
- In financial year 2025, Mathler made a profit of €131,209.
- Where can I find the annual accounts of Mathler?
- Mathler filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Mathler due?
- Mathler must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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