Skip to content

MATHYS EDWIN

Active Private limited companyfounded 2011active for 15 yearsGrote Kruisstraat 10, 3540 Herk-de-StadKBO/BCE: BE 0832.429.254

Overview

Lifetime

15 annual accounts with figures on one time axis
peak €207,773 (2019)
€116,114▼ 9.6%
peak €91,660 (2019)
€35,377▲ 43.3%
peak €337,795 (2025)
€337,795▲ 11.7%
€43,971▼ 50.6%
peak 1 FTE (2014)
-not published
Board2 names since 2010
1 directorMathijs Edwin
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Result from €24,693 to €35,377Debts from €88,950 to €43,971Cash from €226,524 to €299,251

Key points

from the 2025 annual accounts

Equity

€337,795 ▲ 11.7%

MATHYS EDWIN has made a profit in every financial year since 2011.

Investments

€25,844 1.6 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Staff

2 employees on 31-12-2025
202022012024102025

In 2025, 1 person joined and nobody left.

Liquidity

7.64 was 3.99 in 2024

Short-term debts fell from €88,950 to €43,971.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2025 accounts came latest: 52 days after the end of the period.

Position in the sector

€337,795

More equity than 92% of companies in specialised construction. Sector median €57,703 · 35,137 companies.

Checked score

97
Excellent
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 88.5% of total assets
99+7short-term debt 11.5% · cash 78.4%
80+3return on assets 9.3%

Score breakdown

raises risk
Last filed accounts filed 52 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 7.64, cash €299,251
Equity €337,795 (88.5% of total assets)
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 43, micro). It does better than 90% of them on solvency, 95% on liquidity, 60% on profitability and 58% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as MATHYS EDWIN has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MATHYS EDWIN itself: 0.1% within 12 months.

Test of the method

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.

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 34,693 companies, not a prediction for MATHYS EDWIN. 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

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.64 (3.99 in 2024), above the usual 1.5. Short-term debt is 11.5% and cash 78.4% of total assets. 11.5% of the assets are financed with debt and provisions.

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 riskneutral
lowers risk · Liquidity: current ratio 7.64, cash €299,251
NBB · annual accounts
raises risk · Last filed accounts filed 52 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €337,795 (88.5% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
52 days late
2024
9 days early
2023
2 days early
2022
on the day
2021
20 days early
2020
15 days early
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ME
Mathijs Edwin
Director, since 04-01-2011
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0832429254
Change of role: MATHYS Edwin, from manager to director Director discharge: MATHYS Edwin · General meeting of 18-11-2022 · Gazette deed
Incorporation published on 06-01-2011 · Gazette deed
First establishment Grote Kruisstraat 10, Herk-de-Stad
All 27 events

Comparable companies

same main activity, similar in size and age
Company
MATHYS EDWIN Herk-de-Stad €381,766 €116,114 88.5% -
Afwerkingsbedrijf Martens Maaseik €376,406 €97,039 24.2% -
AFWERKINGSBEDRIJF GYPRO CONSTRUCT Maasmechelen €385,764 €107,024 37.5% -
GYPROC & AFWERKING KOÇAK Lier €340,332 €108,853 49.8% -
DTS CONSTRUCT Waterloo €353,351 €132,879 52.8% -
High-End Interiors Lokeren €396,686 €135,563 64.2% -
Bezettingswerken Verhoeven Mol €406,869 €110,730 86.6% -

These companies have the same main activity as MATHYS EDWIN: plastering work (NACE 43310). They are comparable in size and age: total assets between €340,000 and €407,000, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 04-01-2011Normal situation
Activity
Plastering workNACE 43310and 8 others
Establishment unit
2.195.654.7823540 Herk-de-Stad, since 04-01-2011
Financial year end
31 December
Peppol
Reachable since 22-01-2025
Company details

Annual accounts 2025

€116,114▼ 9.6%
≈ €390,000estimated
€35,377▲ 43.3%
€337,795▲ 11.7%
€381,766▼ 2.5%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 21-09-2026
Financials

Insights on MATHYS EDWIN

MATHYS EDWIN files the micro format. That format states no turnover. The gross margin rose from €73,583 in 2011 to €116,114 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 21-09-2026, 52 days late
€116,114
▼ 9.6%
€47,787
▲ 41.4%
€64,011
▲ 44.7%
€51,601
▲ 46.9%
88.5%
▲ 11.2 percentage points
7.64
▲ 3.65

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

Turnover ≈ €390,000. Estimated: probably between €270,000 and €580,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €381,766 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

88.5%

Higher than 92% of 35,125 companies in 2025.

7.64

Higher than 91% of 34,499 companies in 2025.

9.3%

Higher than 56% of 34,700 companies in 2025.

MATHYS EDWIN Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

€31,381

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 381,766391,368312,720292,526282,249292,689271,800114,349110,440147,042188,971132,835144,772107,75187,188
21/28 45,69236,07346,50023,55225,33727,24237,24312,57310,71111,3566,3476,3327,02110,9069,376
22/27 45,69236,07346,50023,55225,33727,24237,24312,57310,71111,3566,3476,3327,02110,9069,376
23 10,05112,36214,8899,0807,8885,3346,5989,7046,2045,1205,5545,2456,3136,0421,043
24 35,64223,71031,61114,47217,44921,90730,6442,8694,5086,2367921,0877084,8648,333
29/58 336,074355,295266,220268,974256,913265,447234,557101,77799,729135,686182,625126,504137,75196,84577,812
3 3,3013,1753,2257,886-----------
30/36 3,3013,1753,2254,301-----------
37 ---3,585-----------
40/41 32,112124,94181,45764,08148,96779,04994,35753,98858,52591,91854,98352,99859,77646,75831,167
40 32,112123,67469,06252,71027,34171,88678,87345,24150,32687,69152,47038,65355,21641,89418,762
41 -1,26712,39511,37121,6267,16315,4848,7488,1984,2272,51314,3454,5604,86412,405
54/58 299,251226,524180,717193,116207,462183,150136,86445,36738,75841,148125,20770,11875,56449,57645,177
490/1 1,4106568223,8914843,2483,3362,4212,4462,6212,4343,3882,4115111,468
Balance sheet: equity and liabilities
10/49 381,766391,368312,720292,526282,249292,689271,800114,349110,440147,042188,971132,835144,772107,75187,188
10/15 337,795302,418277,724255,092226,421207,835197,747106,08788,85877,16877,168120,83395,74781,07957,839
10/11 ---12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------6,2006,2006,2006,2006,2006,2006,2006,2006,200
13 337,795302,418277,724242,692214,021195,435185,34793,68776,45864,76864,768108,43383,34768,67945,439
130/1 1,8601,8601,8601,8601,8601,860---------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860---------
133 335,935300,558275,864240,832212,161193,575183,48791,82774,59862,90862,908106,57381,48766,81943,579
17/49 43,97188,95034,99637,43455,82984,85474,0548,26221,58269,875111,80412,00249,02526,67229,349
17 ---4,40911,87819,23526,483--------
170/4 ---4,40911,87819,23526,483--------
42/48 43,97188,95034,99633,02543,95165,61947,5708,26221,58269,875111,80412,00249,02526,67229,349
42 --4,4097,4697,3587,2487,140--------
43 2,5462,6672,6672,5572,6172,6672,667--------
430/8 2,5462,6672,6672,5572,6172,6672,667--------
44 16,61174,36418,44313,4219,9339,9495,7015,9789,23027,2259,3243,43916,5735,0416,201
440/4 16,61174,36418,44313,4219,9339,9495,7015,9789,23027,2259,3243,43916,5735,0416,201
45 11,8971,5963,4286,19420117,61128,1141,4849,71219,82016,3838,1169,9526,63123,148
450/3 5,6951,5961363,30720117,61117,21636,77817,12216,0575,8729,8506,63123,148
454/9 6,201-3,2912,887--10,8981,4812,9352,6983262,244102--
47/48 12,91710,3236,0513,38523,84228,1443,9498002,64022,82986,09644822,50015,000-
Income statement
70 --------------150,661
76A --579------------
9900 116,114128,429142,03692,36839,32594,920207,77377,41669,30263,789105,57079,65188,14186,23473,583
60/61 --------------77,078
62 50,21082,59975,97041,0112,36833,18863,92547,08944,97936,44338,53036,75214,94715,496277
630 16,22410,42815,80211,38511,03311,71311,8424,7443,8853,3851,7061,7106,1945,7324,688
631/4 ------3,000---3,000-----
640/8 1,8931,6081,6101,0006673,8991,067556552883712687246546167
9901 47,78733,79448,65538,97225,25849,120130,93925,02719,88620,07864,62240,50266,75364,45968,451
75/76B 1,4571,1731,1351,3501,15545296035869872978343436470233
75 1,4571,1731,1351,3501,15545296035869872978343436470233
65/66B 3325861,4215457917245723157633699981714897
65 3325861,4215457917245723157633699981714897
9903 48,91234,38048,36939,77725,62248,847131,32725,35420,00819,81365,50140,74767,01964,88268,587
67/77 13,5359,68713,33611,1067,03613,75939,6687,3255,6786,54724,24115,66122,35121,64223,148
9904 35,37724,69335,03228,67118,58635,08891,66018,02914,33013,26641,25925,08644,66843,24045,439
9905 35,37724,69335,03228,67118,58635,08891,66018,02914,33013,26641,25925,08644,66843,24045,439
Appropriation of the result
9906 35,37724,69335,03228,67118,58635,08891,66018,02914,33013,26641,25925,08644,66843,24045,439
791/2 -----25,000----43,665----
691/2 35,37724,69335,03228,67118,58635,08891,66017,22911,690--25,08614,66823,24045,439
6920 --------------1,860
6921 35,37724,69335,03228,67118,58635,08891,66017,22911,690--25,08614,66823,24043,579
694/7 -----25,000-8002,64013,26684,924-30,00020,000-
694 -----25,000-80064013,26684,924-30,00020,000-
695 --------2,000------
Social balance sheet
9087 1.6221-11111110.40.3-
Hours worked1013 1,3042,5922,6241,504-9841,5921,4881,4881,2481,3861,638608640-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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 21-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 52 days after the deadline. Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00519939.

Financial year Type Filed Reference Document
31-12-2025 micro format 21-09-2026 2026-00519939 PDF
31-12-2024 micro format 22-07-2025 2025-00293214 PDF
31-12-2023 micro format 29-07-2024 2024-00315059 PDF
31-12-2022 micro format 31-07-2023 2023-00292459 PDF
31-12-2021 micro format 11-07-2022 2022-20175495 PDF
31-12-2020 micro format 16-07-2021 2021-36300544 PDF
31-12-2019 micro format 21-08-2020 2020-43200238 PDF
31-12-2018 micro format 20-07-2019 2019-35800144 PDF
31-12-2017 micro format 20-07-2018 2018-35500048 PDF
31-12-2016 micro format 20-07-2017 2017-34200534 PDF
31-12-2015 abbreviated format 09-07-2016 2016-30100333 PDF
31-12-2014 abbreviated format 31-07-2015 2015-38300597 PDF
31-12-2013 abbreviated format 04-07-2014 2014-27300282 PDF
31-12-2012 abbreviated format 11-07-2013 2013-29600065 PDF
31-12-2011 abbreviated format 03-07-2012 2012-25500079 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
64,01144,22264,45650,35736,29160,833142,78129,77123,77123,46366,32842,21372,94870,19273,139
51,60135,12150,83440,05629,61946,801103,50222,77318,21416,65242,96626,79650,86248,97250,127
25,844038,7509,6009,1281,71236,5126,6053,2408,3941,7211,0212,3107,26314,064
72,72745,807-12,400-14,34624,31246,28591,4976,609-2,390-84,06055,090-5,44625,9874,399-
292,102266,345231,224235,949212,962199,828186,98793,51478,14665,81270,821114,50188,72670,17348,463
--------------45.4%
88.5%77.3%88.8%87.2%80.2%71.0%72.8%92.8%80.5%52.5%40.8%91.0%66.1%75.2%66.3%
7.643.997.618.145.854.054.9312.324.621.941.6310.542.813.632.65
7.573.967.517.915.854.054.9312.324.621.941.6310.542.813.632.65
0.130.290.130.150.250.410.370.080.240.911.450.100.510.330.51
10.5%8.2%12.6%11.2%8.2%16.9%46.4%17.0%16.1%17.2%53.5%20.8%46.7%53.3%78.6%
9.3%6.3%11.2%9.8%6.6%12.0%33.7%15.8%13.0%9.0%21.8%18.9%30.9%40.1%52.1%
over 10075.4245.3792.4745.91----------
--------------45 days
--------------29 days

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date2122
full-time2122
in full-time equivalents2122
1.6221
On a permanent contract2122
Joined10-2
Left01-0

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€25,844-€38,750€9,600€9,128
€16,224€10,428€15,802€11,385€11,033

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MATHYS EDWIN

The operating result for 2025 is 41% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 22.7% to 11.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2022
Mathijs Edwin
Director
since 04-01-2011
listed in the 2025 annual accounts, filed on 21-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 29-11-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Mathijs Edwin
Director
MATHYS Edwin
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
  • Mathijs Edwin
    • Director, from 28-12-2010 to date
  • MATHYS Edwin
    • Director (not named in the articles), appointed by deed of 29-11-2022, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Capital

Contribution
€12,400
Source
2022 annual accounts

Articles of association

deed of 29-11-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00

Network & group

No group

MATHYS EDWIN has no parent and no holdings in its annual accounts. Mathijs Edwin is the only director. MATHYS EDWIN shares no director with another company.

At the same address

Grote Kruisstraat 10, 3540 Herk-de-Stad · 1 other company
An Vanschoonbeek
registered office since 07-07-2009 · founded in 2009
total assets €68,663 (2025)
0816.890.943

Timeline

Timeline

27 events since 2011

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 52 days late
2025
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0832429254
2024
Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Change of role: MATHYS Edwin, from manager to directorDirector discharge: MATHYS Edwin · General meeting of 18-11-20226 points ▸
  • General meeting, 18-11-2022
  • 186 shares
  • Director resignation, MATHYS Edwin (manager)
  • Director appointment, MATHYS Edwin (director (not named in the articles))
  • Director discharge, MATHYS Edwin
  • Registered office clause, Grote Kruisstraat 10, 3540 Herk-de-Stad
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 20 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 15 days before the deadline
2020
Equity above €200,000 equity €207,835 ▲5.1% Equity rises from €197,747 to €207,835.
Annual accounts 2019 filed PDFmicro format · 21 days late
2019
Highest result from 2011 to 2025 net €91,660 ▲408% The operating result of €130,939 and the net result of €91,660 are both a record.
Equity above €150,000 equity €197,747 ▲86.4% Equity rises from €106,087 to €197,747.
Annual accounts 2018 filed PDFmicro format · 11 days before the deadline
2018
Liquidity more than doubled current ratio 12.32 The current ratio rises from 4.62 to 12.32. Short-term debt falls from €21,582 to €8,262.
Annual accounts 2017 filed PDFmicro format · 11 days before the deadline
2017
Liquidity more than doubled current ratio 4.62 The current ratio rises from 1.94 to 4.62. Short-term debt falls from €69,875 to €21,582.
Annual accounts 2016 filed PDFmicro format · 11 days before the deadline
2016
Weakest financial year net €13,266 ▼67.8% The net result drops to €13,266, the lowest from 2011 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 22 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · on the deadline day
2014
Liquidity more than triples current ratio 10.54 The current ratio rises from 2.81 to 10.54. Short-term debt falls from €49,025 to €12,002.
Equity above €100,000 equity €120,833 ▲26.2% With a profit in every financial year since 2011, equity grows to €120,833.
Annual accounts 2013 filed PDFabbreviated format · 27 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 20 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 28 days before the deadline
2011
Incorporation PDFpublished on 06-01-2011
First establishment Grote Kruisstraat 10, Herk-de-Stad

Financial milestones sit on the financial year-end date, not the filing date.

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

History

MATHYS EDWIN was incorporated on 4 January 2011.1 Total assets rose from €114,349 in 2018 to €381,766 in 2025 and headcount from 1 to 1.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0832.429.254
VAT number
BE 0832.429.254
Peppol ID
0208:0832429254
Other Peppol ID
9925:BE0832429254
Legal form
Private limited company
Status
Active, normal situation
Founded
04-01-2011
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00
deed of 29-11-2022 (in Dutch)
Peppol
Reachable since 22-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MATHYS EDWIN in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-11-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-11-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
43310 Plastering work main activity
Social security (RSZ) activities
43320 Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
43310 Plastering work main activity
01430 Crop and animal production, hunting and related service activities
01610 Support activities for crop production
25120 Manufacture of fabricated metal products, except machinery and equipment
41201 General construction of buildings
43291 Specialised construction activities
43320 Joinery installation
43333 Wallpapering and laying of floor and wall coverings in other materials
43910 Specialised construction activities
Social security (RSZ) activities
43320 Joinery installation main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Managementvennootschap; Stukadoor,cementeer- en dekvloeractiviteiten; Eindafwerking (schilderen en behangen); Dakdekker en waterdichtmaken…”
18 activities
  1. Managementvennootschap
  2. Stukadoor,cementeer- en dekvloeractiviteiten
  3. Eindafwerking (schilderen en behangen)
  4. Dakdekker en waterdichtmaken
  5. Elektrotechniek
  6. Plaatsen/herstellen van schrijnwerk- glazenmaker
  7. Ruwbouw
  8. Tegel- marmer en natuursteenactiviteiten
  9. Isolatiewerkzaamheden
  10. Handelsbemiddeling in hout- en bouwmaterialen
  11. Groothandel in bouwmaterialen
  12. Kleinhandel in ijzerwaren,verf en bouwmaterialen
  13. Afbraak- en grondwerken
  14. Ontwerpen en onderhouden van tuinen,parken
  15. Ondersteunende activiteiten in verband met landbouw; activiteiten met betrekking tot gewassen na de oogst
  16. Ondersteunende activiteiten in verband met de teelt van gewassen
  17. Fokken van paarden een andere paardachtigen
  18. Constructie van omheiningen en afsluitingen en hekwerken
deed of 29-11-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Grote Kruisstraat 10 registered office 3540 Herk-de-Stad 04-01-2011 2.195.654.782 Farm - sheep and goats

Buildings and parcels at the address

Ground area
1,551 m²
Buildings
165 m²
Volume, LiDAR
655 m³
Tallest building
7.4 m
Buildings to scale, each on its own parcel
164 m², 7.4 m 164 m², 7.4 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
71024B0119/00D0001,551 m² 1 · 164 m² 7.4 m · 2

Recognitions

Recognised contractor

5 categories
MATHYS EDWIN BVapproval number 46372
  • D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • G5 Demolitionclass 1, up to €162,000
decision 29-06-2026

Food safety, FASFC

1 site
Herk-de-Stadunit number 2.195.654.782
1 permission
Farm - sheep and goats · since 16-07-2014

Source: FAVV-AFSCA, open data, updated on 02-11-2026

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0832.429.254