MATHYS EN CO
ActiveThe computed 12-month bankruptcy probability of MATHYS EN CO is 3.2% (moderate). The 2025 annual accounts show equity of €67k and a net result of €807. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 3668 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-3
Solvency49▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 3.92 in 2023; short-term debt: 32% and cash: 10.6% of total assets), but 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
24.2%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2023
29 d late
2022
150 d late
2021
242 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€67k▲ 2.3%
2023 · €65k
2021: €41k
2022: €59k
2023: €65k
2021 → 2025
Total assets
€275k▲ 24.7%
2023 · €221k
2021: €322k
2022: €311k
2023: €221k
2021 → 2025
Net result
€807▼ 87.6%
2023 · €7k
2021: €34k
2022: €18k
2023: €7k
2021 → 2025
Working capital
€88k▲ 40.7%
2023 · €63k
2021: €153k
2022: €62k
2023: €63k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232025Trend
Equity€41k-€59k▲ 44.8%€65k▲ 11.1%€67k▲ 2.3%
Operating result€40k-€26k▼ 36.4%€15k▼ 41.7%€8k▼ 46.6%
Net result€34k-€18k▼ 46.2%€7k▼ 64.2%€807▼ 87.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €8k in 2025, compared with €15k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €275k
Fixed assets
€99k▼ 27.4%
Current assets
€176k▲ 109%
Equity and liabilities €275k
Equity
€67k▲ 2.3%
Debt
€209k▲ 34.1%
The debt ratio rises from 70.5% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▼
2023 · €94k
Cash flow
€40k▼
2023 · €86k
Solvency
24.2%▼
2023 · 29.5%
Current ratio
2.00▼
2023 · 3.92
Quick ratio
1.40▼
2023 · 1.67
Debt / equity
3.13▲
2023 · 2.39
ROE
1.2%▼
2023 · 10.0%
ROA
0.3%▼
2023 · 2.9%
Interest coverage
6.97▼
2023 · 13.85
Debt
€209k▲
2023 · €156k
Debt ≤ 1 year
€88k▲
2023 · €21k
Debt > 1 year
€121k▼
2023 · €127k
Income taxes
€595▼
2023 · €2k
Staff costs
€139k▲
2023 · €90k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€221k€275k▲
Fixed assets21/28€137k€99k▼
Tangible fixed assets22/27€137k€99k▼
Land and buildings22€6k€4k▼
Plant, machinery and equipment23€104k€64k▼
Furniture and vehicles24€26k€31k▲
Current assets29/58€84k€176k▲
Stocks and contracts in progress3€48k€53k▲
Stocks30/36€48k€53k▲
Amounts receivable within one year40/41€2k€72k▲
Trade receivables40-€71k
Other amounts receivable41€2k€911▼
Cash at bank and in hand54/58€13k€29k▲
Deferred charges and accrued income490/1€21k€23k▲
Equity and liabilities
Total equity and liabilities10/49€221k€275k▲
Equity10/15€65k€67k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€58k€60k▲
Amounts payable17/49€156k€209k▲
Amounts payable after more than one year17€127k€121k▼
Financial debts170/4€127k€121k▼
Amounts payable within one year42/48€21k€88k▲
Current portion of amounts payable after more than one year42€11k€17k▲
Trade debts44€2k€60k▲
Suppliers440/4€2k€60k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9€5k€8k▲
Accrued charges and deferred income492/3€7k-
Income statement
Code20232025
Remuneration, social security and pensions62€90k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€39k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€180-
Gross operating margin9900€186k€190k▲
Operating profit (loss)9901€15k€8k▼
Financial income75/76B€148€211▲
Recurring financial income75€148€211▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€8k€1k▼
Income taxes67/77€2k€595▼
Profit (loss) for the period9904€7k€807▼
Profit (loss) for the period to be appropriated9905€7k€807▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€60k▲
Profit (loss) brought forward from the previous period14P€52k€59k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €807 ▼87.6%
Net result drops to €807, the lowest in the series.
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.57 to 3.92; short-term debt falls from €109k to €21k.
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 242 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lochristi · 1 establishment unit since 2020
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.
Zeveneken-Dorp 159080 LochristiGround area
201 m²
Building footprint
114 m²
Volume, LiDAR
563 m³
Parcel 44077A1210/00_000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Frituur Mathys
since 20202.302.024.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44077A1210/00_000 | Flanders | 201 m² | 1 · 114 m² | 10.6 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
Food safety, FASFC
1 siteLochristi2.302.024.982
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,207 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2020
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.