Equity
Equity fell by 84% in 2 years.
Equity fell by 84% in 2 years.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Short-term debts fell from €15,251 to €1,197.
Latest accounts filed late: after the legal deadline.
A director left. Latest change 31-03-2026 · 1 in office.
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, 53% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 3,223 companies had the same profile as Matholi has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Matholi itself is lower: 0.4% within 12 months. It rests on far more data about Matholi than the profile alone.
The method was tested on the 497,447 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 3,223 companies, not a prediction for Matholi. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 12.87 (4.06 in 2024), above the usual 1.5. Short-term debt is 6.9% and cash 8.9% of total assets. 6.9% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 85 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.
| Company | ||||
|---|---|---|---|---|
| Matholi Keerbergen | €17,345 | -€31,411 | 93.1% | - |
| EVA PIERSOUL Tienen | €17,425 | -€1,347 | 83.9% | - |
| In2Clinical Boortmeerbeek | €18,773 | -€5,291 | 92.3% | - |
| JVP Consult Steenokkerzeel | €18,163 | -€33,390 | 54.8% | - |
| 34ETAIL Pepingen | €16,956 | -€22,730 | -25.2% | - |
| Fain & Partners Overijse | €20,633 | -€3,001 | 8.8% | - |
| TOKAL INC Grimbergen | €20,863 | -€47,941 | 61.5% | - |
These companies have the same main activity as Matholi: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €17,000 and €20,900, founded between 2021 and 2022.
Matholi files the micro format. That format states no turnover. The gross margin fell from €58,164 in 2022 to -€31,411 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 92% of 39,364 companies in 2025.
Higher than 92% of 38,048 companies in 2025.
Lower than 95% of 38,520 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
17,345 | 64,031 | 131,014 | 75,171 | |
21/28 |
1,947 | 2,057 | 2,167 | - | |
22/27 |
1,947 | 2,057 | 2,167 | - | |
23 |
1,947 | 2,057 | 2,167 | - | |
29/58 |
15,398 | 61,973 | 128,846 | 75,171 | |
40/41 |
9,290 | 6,542 | 10,717 | - | |
40 |
- | - | 8,333 | - | |
41 |
9,290 | 6,542 | 2,383 | - | |
54/58 |
1,544 | 49,873 | 112,120 | 73,041 | |
490/1 |
4,564 | 5,558 | 6,010 | 2,130 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
17,345 | 64,031 | 131,014 | 75,171 | |
10/15 |
16,148 | 48,329 | 99,891 | 51,101 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
11,148 | 43,329 | 94,891 | 46,101 | |
133 |
11,148 | 43,329 | 94,891 | 46,101 | |
17/49 |
1,197 | 15,701 | 31,123 | 24,070 | |
42/48 |
1,197 | 15,251 | 31,123 | 24,070 | |
44 |
928 | 1,549 | 574 | 2,698 | |
440/4 |
928 | 1,549 | 574 | 2,698 | |
45 |
269 | 13,703 | 30,549 | 21,372 | |
450/3 |
269 | 13,703 | 30,549 | 21,372 | |
492/3 |
- | 450 | - | - | |
| Income statement | |||||
9900 |
-31,411 | -50,785 | 63,638 | 58,164 | |
630 |
110 | 110 | 33 | - | |
640/8 |
803 | 644 | 1,188 | - | |
9901 |
-32,325 | -51,540 | 62,416 | 58,164 | |
75/76B |
416 | 263 | 0 | - | |
75 |
416 | 263 | 0 | - | |
65/66B |
131 | 157 | 52 | 150 | |
65 |
131 | 157 | 52 | 150 | |
9903 |
-32,040 | -51,434 | 62,364 | 58,014 | |
67/77 |
141 | 128 | 13,575 | 11,913 | |
9904 |
-32,181 | -51,562 | 48,790 | 46,101 | |
9905 |
-32,181 | -51,562 | 48,790 | 46,101 | |
| Appropriation of the result | |||||
9906 |
-32,181 | -51,562 | 48,790 | 46,101 | |
791/2 |
32,181 | 51,562 | - | - | |
691/2 |
- | - | 48,790 | 46,101 | |
6920 |
- | - | 48,790 | - | |
6921 |
- | - | - | 46,101 | |
| Document | |||||
The notes to these accounts have 4 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 23-10-2026.
2025 annual accounts filed 84 days after the deadline. Filed on 23 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00567196.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -32,215 | -51,430 | 62,450 | - | ||
| -32,071 | -51,452 | 48,823 | - | ||
| 0 | 0 | 2,201 | - | ||
| -48,329 | -62,247 | 39,079 | - | ||
| 14,201 | 46,722 | 97,723 | 51,101 | ||
| 93.1% | 75.5% | 76.2% | 68.0% | ||
| 12.87 | 4.06 | 4.14 | 3.12 | ||
| 0.07 | 0.32 | 0.31 | 0.47 | ||
| -199.3% | -106.7% | 48.8% | 90.2% | ||
| -185.5% | -80.5% | 37.2% | 61.3% | ||
| -245.35 | -327.08 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,201 | - |
| €110 | €110 | €33 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €32,325, smaller than the loss of €51,540 in 2024.
Debt's share of the balance-sheet total falls from 24.5% to 6.9%. Equity and debt are lower.
Matholi has no parent and no holdings in its annual accounts. VAN MALDER Yves Jean-Baptiste Gisèle is the only director.
| MATHOLEZ
registered office since 20-12-2007 · founded in 2007 |
total assets €687,405 (2025) 0894.926.156 |
| HET REISPLAN
registered office since 22-02-2000 · founded in 2000 |
total assets €233,442 (2025) 0470.088.625 |
| MATHOLEZ via VAN DEN EYNDE Kathleen Mary, at Matholi until 2026 · Director (not named in the articles) · deed of 23-01-2024 founded in 2007 |
total assets €687,405 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Matholi was incorporated on 5 April 2022 as a private limited company by huwelijksgemeenschap van de echtgenoten Van Malder-Van den Eynde and two natural persons, with a starting capital of €5,000.12 VAN MALDER Yves Jean-Baptiste Gisèle is director of the company, appointed by deed of 07-04-2022.2 Total assets fell from €75,171 in 2022 to €17,345 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Wielewaalweg 4 registered office 3140 Keerbergen | 05-04-2022 | 2.330.741.734 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24472E0296/00V000 | 3,940 m² | 1 · 284 m² | 15.5 m · 1 |
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