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MATHMACOIFF

Active
Private limited companyfounded 2024active for 2 yearsChaussée de Bruxelles, Tong. 23, 5140 Sombreffe, BelgiumKBO/BCE: BE 1008.693.496
Summary

MATHMACOIFF has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,677 and a net result of €11,742. Its solvency ranks better than 53% of 5,717 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 23-04-2024 Normal situation
Activity
Hairdressing and barber services NACE 96210and 1 other
Joint committee
314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen · annual accounts 2025
Establishment unit
2.364.971.549 5140 Sombreffe, since 16-10-2024
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€132,914
▲ 137%
Turnover
≈ €240,000
estimated
Profit
€11,742
▼ 26.3%
Equity
€30,677
▲ 62.0%
Total assets
€99,453
▲ 194%
Employees on 31-12-2025
4
▲ 100%
  • 2025 accounts filed 11 days after the deadline
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.16, cash €44,742Figures for financial year 2025 (filed on 13-08-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 72% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Strong
Solvency 56-25
equity 30.8% of total assets
Liquidity 77-2
short-term debt 46.0% · cash 45.0%
Profitability 84-16
return on assets 11.8%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 05-2025: 1.6% 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -1.3 percentage points vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.9%▲ +0.5 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.2 percentage points vs 03-2026 05-2026: 1.4%▲ +0.3 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.2%▼ -1.0 percentage point vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.61 in 2024), below the usual 1.5. Short-term debt is 46% and cash 45% of total assets. 69.2% of the assets are financed with debt and provisions.
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 96, micro). It does better than 53% of them on solvency, 80% on liquidity, 71% on profitability and 85% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.16, cash €44,742
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 13-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
11 days late
2024
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 9 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 11 days after the deadline Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394977.

Annual accounts 2025 filed on 11-08-2026 at the NBB all 2 filings

Turnover
≈ €240,000
Estimated: probably between €170,000 and €270,000
Total assets
€99,453▲ 194%
2024 · €33,773
Net result
€11,742▼ 26.3%
2024 · €15,935
Working capital
€7,349▼ 19.2%
2024 · €9,095
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€16,741
▼ 18.9% 2025
20242025
Net result
€11,742
▼ 26.3% 2025
middle half of the sector
20242025
Equity
€30,677
▲ 62.0% 2025
middle half of the sector
20242025
Total assets
€99,453
▲ 194% 2025
middle half of the sector
20242025
Debt
€68,776
▲ 364% 2025
20242025
Working capital
€7,349
▼ 19.2% 2025
middle half of the sector
20242025
Solvency
30.8%
▼ 25.2pp 2025
middle half of the sector
20242025
Current ratio
1.16
▼ 0.45 2025
middle half of the sector
20242025
Return on assets (ROA)
11.8%
▼ 35.4pp 2025
middle half of the sector
20242025
Staff (FTE)
3
▲ 200% 2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€20,636-€16,741▼ 18.9%
Net result€15,935above the sector's middle half-€11,742within the sector's middle half▼ 26.3%
Equity€18,935within the sector's middle half-€30,677within the sector's middle half▲ 62.0%
Total assets€33,773within the sector's middle half-€99,453within the sector's middle half▲ 194%
Debt€14,838-€68,776▲ 364%
Working capital€9,095within the sector's middle half-€7,349within the sector's middle half▼ 19.2%
Solvency56.1%within the sector's middle half-30.8%within the sector's middle half▼ 25.2pp
Current ratio1.61within the sector's middle half-1.16within the sector's middle half▼ 0.45
Return on assets (ROA)47.2%above the sector's middle half-11.8%within the sector's middle half▼ 35.4pp
Staff (FTE)1-3▲ 200%
above within below The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 19% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,453
Fixed assets €46,340 ▲ 371%
Current assets €53,113 ▲ 122%
Equity and liabilities €99,453
Equity €30,677 ▲ 62.0%
Debt €68,776 ▲ 364%
Debt's share of the balance-sheet total rises from 43.9% to 69.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,945▲
2024 · €21,526
Cash flow
€16,946▲
2024 · €16,825
Quick ratio
1.14▼
2024 · 1.53
Debt to equity
2.24▲
2024 · 0.78
ROE
38.3%▼
2024 · 84.2%
Interest coverage
16.43▼
2024 · over 100
Debt ≤ 1 year
€45,764▲
2024 · €14,838
Debt > 1 year
€23,012
Income taxes
€3,739▼
2024 · €4,602
Staff costs
€109,538▲
2024 · €33,657
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202431-12-2025
Employees at the balance-sheet date24
full-time12
part-time12
in full-time equivalents1.63
Average over the year, in full-time equivalents13
On a permanent contract12
Joined23
Left00

Source: social balance sheet in the 2024 to 2025 annual accounts

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€10,339€1,595
Intangible fixed assets-€40,500
Financial fixed assets€391-
Depreciation and write-downs of the year€890€5,204

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€33,773€99,453▲
Fixed assets21/28€9,840€46,340▲
Intangible fixed assets21-€37,992
Tangible fixed assets22/27€9,449€8,348▼
Plant, machinery and equipment23€7,903€7,835▼
Furniture and vehicles24€1,546€513▼
Financial fixed assets28€391-
Current assets29/58€23,933€53,113▲
Stocks and contracts in progress3€1,268€813▼
Stocks30/36€1,268€813▼
Amounts receivable within one year40/41€1,471€7,040▲
Other amounts receivable41€1,471€7,040▲
Cash at bank and in hand54/58€20,238€44,742▲
Deferred charges and accrued income490/1€956€518▼
Equity and liabilities
Total equity and liabilities10/49€33,773€99,453▲
Equity10/15€18,935€30,677▲
Contributions10/11€3,000€3,000=
Reserves13€15,935€27,000▲
Distributable reserves133€15,935€27,000▲
Profit (loss) carried forward14-€677
Amounts payable17/49€14,838€68,776▲
Amounts payable after more than one year17-€23,012
Financial debts170/4-€23,012
Amounts payable within one year42/48€14,838€45,764▲
Current portion of amounts payable after more than one year42-€13,190
Trade debts44€3,863€2,773▼
Suppliers440/4€3,863€2,773▼
Taxes, remuneration and social security45€10,940€29,801▲
Taxes450/3€9,016€14,867▲
Remuneration and social security454/9€1,924€14,934▲
Other amounts payable47/48€35-
Income statement Code20242025
Remuneration, social security and pensions62€33,657€109,538▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€890€5,204▲
Other operating charges640/8€844€1,431▲
Gross operating margin9900€56,027€132,914▲
Operating profit (loss)9901€20,636€16,741▼
Financial income75/76B€1€76▲
Recurring financial income75€1€76▲
Financial charges65/66B€100€1,336▲
Recurring financial charges65€100€1,336▲
Profit (loss) for the period before taxes9903€20,537€15,481▼
Income taxes67/77€4,602€3,739▼
Profit (loss) for the period9904€15,935€11,742▼
Profit (loss) for the period to be appropriated9905€15,935€11,742▼
Appropriation of the result
Profit (loss) to be appropriated9906€15,935€11,742▼
Transfer to equity691/2€15,935€11,065▼
To other reserves6921€15,935€11,065▼

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.

Line20242025Change
Remuneration, social security and pensions62€33,657€109,538▲ 225%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€890€5,204▲ 485%
Other operating charges640/8€844€1,431▲ 69.5%
Gross operating margin9900€56,027€132,914▲ 137%
Operating profit (loss)9901€20,636€16,741▼ 18.9%
Financial income75/76B€1€76▲ 76×
Recurring financial income75€1€76▲ 76×
Financial charges65/66B€100€1,336▲ 13×
Recurring financial charges65€100€1,336▲ 13×
Profit (loss) for the period before taxes9903€20,537€15,481▼ 24.6%
Income taxes67/77€4,602€3,739▼ 18.8%
Profit (loss) for the period9904€15,935€11,742▼ 26.3%
Profit (loss) for the period to be appropriated9905€15,935€11,742▼ 26.3%
Line20242025Change
Assets
Total assets20/58€33,773€99,453▲ 194%
Fixed assets21/28€9,840€46,340▲ 371%
Intangible fixed assets21-€37,992-
Tangible fixed assets22/27€9,449€8,348▼ 11.7%
Plant, machinery and equipment23€7,903€7,835▼ 0.9%
Furniture and vehicles24€1,546€513▼ 66.8%
Financial fixed assets28€391--
Current assets29/58€23,933€53,113▲ 122%
Stocks and contracts in progress3€1,268€813▼ 35.9%
Stocks30/36€1,268€813▼ 35.9%
Amounts receivable within one year40/41€1,471€7,040▲ 379%
Other amounts receivable41€1,471€7,040▲ 379%
Cash at bank and in hand54/58€20,238€44,742▲ 121%
Deferred charges and accrued income490/1€956€518▼ 45.8%
Equity and liabilities
Total equity and liabilities10/49€33,773€99,453▲ 194%
Equity10/15€18,935€30,677▲ 62.0%
Contributions10/11€3,000€3,000=
Reserves13€15,935€27,000▲ 69.4%
Distributable reserves133€15,935€27,000▲ 69.4%
Profit (loss) carried forward14-€677-
Amounts payable17/49€14,838€68,776▲ 364%
Amounts payable after more than one year17-€23,012-
Financial debts170/4-€23,012-
Amounts payable within one year42/48€14,838€45,764▲ 208%
Current portion of amounts payable after more than one year42-€13,190-
Trade debts44€3,863€2,773▼ 28.2%
Suppliers440/4€3,863€2,773▼ 28.2%
Taxes, remuneration and social security45€10,940€29,801▲ 172%
Taxes450/3€9,016€14,867▲ 64.9%
Remuneration and social security454/9€1,924€14,934▲ 676%
Other amounts payable47/48€35--
Line20242025Change
Profit (loss) for the period9904€15,935€11,742▼ 26.3%
+ Depreciation and write-downs630€890€5,204▲ 485%
Operating cash flow (approximation)€16,825€16,946▲ 0.7%
Investment in fixed assets (approximation)--€41,704-
Change in cash-€24,504-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as MATHMACOIFF has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.9% was still going
2.3% stopped otherwise
1.8% went bankrupt

That fits the bankruptcy probability of MATHMACOIFF itself: 1.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for MATHMACOIFF. 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 (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 11-08-2026 2026-00394977 PDF
31-12-2024 micro format 03-07-2025 2025-00225109 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
Mathieu DELPORTE
Director (not named in the articles) · since 23-04-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 11-08-2026
Current

Owners and capital

Shareholders

At incorporation act of 25-04-2024 ↗

Capital transactions

Capital over time
  1. 25-04-2024 Incorporation · €3,000 · 100 shares

Articles of association

Capital, shares and profit

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié à charge cédant et moitié à charge acquéreurs proportionnellement nombre actions acquises, nullité”
Share issue ruleThe articles set how and by whom new shares are issued.
“Apports en numéraire avec émission de nouvelles actions - Droit de préférence, portés à la connaissance des actionnaires par courrier…”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 25-04-2024 (in French)

Network & group

MATHMACOIFF shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of MATHMACOIFF. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
11-08
NBB filing Annual accounts 2025 filedNBB
micro format · 11 days late
2025
24-10
Gazette deed Registered office moved from Fleurus to Sombreffe
2 points ▸
  • General meeting, 01-09-2025
  • Registered-office move, Chaussée de Bruxelles 23 Boite 2 à 5140 Sombreffe

Open the act in the Belgian Official Gazette

03-07
NBB filing Annual accounts 2024 filedPDF
micro format · 28 days before the deadline
2024
25-04
Gazette deed Incorporation
Starting capital €3,000 · Appointment: Mathieu DELPORTE (director) · Founder10 points ▸
  • Incorporation, “MATHMACOIFF” (deed in French)
  • Founder, Mathieu DELPORTE
  • Founding capital, €3,000
  • Capital, €3,000
  • Other provision, “droit commun, Code des Sociétés et des Associations” (deed in French)
  • Other provision, “règlements accès à la profession, autorisation préalable accès profession” (deed in French)
  • Registered office clause, “6220 Fleurus,Chaussée de Charleroi 217 bte1” (deed in French)
  • Board rule, 1, “assemblée” (deed in French)
  • Director appointment, Mathieu DELPORTE (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous engagements obligations activités entreprises au nom et pour compte société en formation” (deed in French)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 April 2024, MATHMACOIFF was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Sombreffe.3 Mathieu DELPORTE has served as director since 2024.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-04-2024
  3. 3Belgian Official Gazette, 24-10-2025
  4. 4National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name MATHMACOIFF in French
Enterprise number 1008.693.496
Legal form Private limited company
Status Active, normale toestand
Founded 23-04-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-04-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, l’organe d’administration a le pouvoir de déplacer le siège social dans les limites de l’article 2 : 4”
deed of 25-04-2024 (in French)

Registered office and establishments

Registered office Chaussée de Bruxelles, Tong. 23, 5140 Sombreffe, Belgium
1 former office
  • Chaussee De Charleroi 217 Boite 1, 6220 Fleurus until 01-09-2025 · act of 24-10-2025
Establishment unit Chaussée de Bruxelles, Tong. 23, 5140 Sombreffe since 16-10-2024 · unit number 2.364.971.549

Activities

NACEBEL 2025
VAT activities
96210 Hairdressing and barber services main activity
47750 Retail sale of cosmetics and toilet articles
Social security (RSZ) activities
96210 Hairdressing and barber services main activity
Codes under NACEBEL 2008
VAT activities
96021 Hairdressing main activity
47750 Retail trade
Social security (RSZ) activities
96021 Hairdressing main activity
Joint committee 314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen annual accounts 2025

Invoicing and payment

VAT number BE 1008.693.496
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1008693496
Other Peppol ID 9925:BE1008693496
Registered 12-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 25-04-2024 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
704 m²
Building footprint
150 m²
Building volume
1,042 m³
Cadastral parcel Region Area Buildings Height / floors
92126C0247/00H000 Wallonia 704 m² 1 · 150 m² 9.1 m · 2