Mathom
ActiveMathom has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €4k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 3111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-3
Solvency52▼-7
Growth53▲+31
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
cash: 5.2% of total assets, and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.6%
Return on assets
1.2%
Age of the figures
9 mo
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 12-04-2026, 110 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
110 d early
2024
108 d early
2023
106 d early
2022
99 d early
2021
98 d early
2020
33 d early
2019
67 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€9k▲ 452%
2024 · €2k
2018: €7k
2019: €13k
2020: €3k
2021: €5k
2022: €7k
2023: €3k
2024: €2k
2018 → 2025
EBIT margin
-83.0%▲ 562.4pp
2024 · -645.4%
2018: -3.1%
2019: -2.4%
2020: -150.9%
2021: -137.4%
2022: -113.2%
2023: -290.9%
2024: -645.4%
2018 → 2025
Net result
€4k
2024 · €-4k
2018: €1k
2019: €1k
2020: €-19k
2021: €-7k
2022: €-8k
2023: €-8k
2024: €-4k
2018 → 2025
Working capital
€31k▲ 29.9%
2022 · €24k
2018: €55k
2019: €46k
2020: €28k
2021: €27k
2022: €24k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5k-€7k▲ 40.8%€3k▼ 51.7%€2k▼ 54.7%€9k▲ 452%
Equity€84k-€76k▼ 9.6%€78k▲ 2.9%€74k▼ 4.9%€78k▲ 4.9%
Operating result€-7k-€-8k▼ 16.0%€-10k▼ 24.0%€-10k▼ 0.6%€-7k▲ 29.1%
Net result€-7k-€-8k▼ 16.0%€-8k▼ 3.1%€-4k▲ 53.8%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€278k▲ 33.2%
Current assets
€15k▲ 39.6%
Equity and liabilities €293k
Equity
€78k▲ 4.9%
Debt
€215k▲ 48.1%
The debt ratio rises from 66.2% to 73.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-716▲
2024 · €-3k
Cash flow
€10k▲
2024 · €3k
Solvency
26.6%▼
2024 · 33.8%
Debt / equity
2.76▲
2024 · 1.96
ROE
4.7%▲
2024 · -5.2%
ROA
1.2%▲
2024 · -1.8%
Interest coverage
-9.81
Debt
€215k▲
2024 · €145k
Debt > 1 year
€215k▲
2024 · €145k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€219k€293k▲
Fixed assets21/28€208k€278k▲
Tangible fixed assets22/27€41k€36k▼
Land and buildings22€8k€8k=
Plant, machinery and equipment23€26k€22k▼
Furniture and vehicles24€7k€6k▼
Financial fixed assets28€167k€242k▲
Current assets29/58€11k€15k▲
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€11k€15k▲
Equity and liabilities
Total equity and liabilities10/49€219k€293k▲
Equity10/15€74k€78k▲
Contributions10/11€144k€144k=
Capital10€144k€144k=
Issued capital100€144k€144k=
Profit (loss) carried forward14€-70k€-66k▲
Amounts payable17/49€145k€215k▲
Amounts payable after more than one year17€145k€215k▲
Other amounts payable178/9€145k€215k▲
Accrued charges and deferred income492/3€64-
Income statement
Code20242025
Turnover70€2k€9k▲
Goods, raw materials, services and sundry goods60/61€4k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€482€497▲
Gross operating margin9900€-2k€-219▲
Operating profit (loss)9901€-10k€-7k▲
Financial income75/76B€9k€12k▲
Recurring financial income75€9k€12k▲
Non-recurring financial income76B€9k€12k▲
Financial charges65/66B-€73
Recurring financial charges65-€73
Non-recurring financial charges66B-€73
Profit (loss) for the period before taxes9903€-1k€5k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-4k€4k▲
Profit (loss) for the period to be appropriated9905€-4k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-66k▲
Profit (loss) brought forward from the previous period14P€-66k€-70k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after 5 loss-making years.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-19k ▼1943%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 25.63
Current ratio from 8.01 to 25.63; short-term debt falls from €8k to €2k.
09-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt-Winge · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keulestraat 783390 Tielt-WingeGround area
2,599 m²
Building footprint
170 m²
Volume, LiDAR
1,006 m³
Parcel 24106C0122/00H000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Keulestraat 78, 3390 Tielt-Winge
since 20162.250.102.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106C0122/00H000 | Flanders | 2,599 m² | 1 · 170 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900758KI8872MWY38
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2016
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.