MATHYS MARC
ActiveSummary
MATHYS MARC has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €135k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 14.12 against 1.12 in 2024; short-term debt: 7% and cash: 86.8% of total assets), and 7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
93%
Return on assets
60.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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 · 10 filingsDeviation from the deadline
2025
5 d late
2024
4 d late
2023
6 d early
2022
2 d late
2021
16 d late
2020
4 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€210k▲ 182%
2024 · €74k
2019: €38k
2020: €38k
2021: €34k
2022: €39k
2023: €46k
2024: €74k
2019 → 2025
Total assets
€225k▲ 92.9%
2024 · €117k
2019: €132k
2020: €88k
2021: €94k
2022: €95k
2023: €100k
2024: €117k
2019 → 2025
Net result
€135k▲ 375%
2024 · €29k
2019: €9k
2020: €-379
2021: €810
2022: €5k
2023: €6k
2024: €29k
2019 → 2025
Working capital
€207k▲ 4,296%
2024 · €5k
2019: €-33k
2020: €-20k
2021: €-20k
2022: €-30k
2023: €-26k
2024: €5k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€39k▲ 15.9%€46k▲ 16.2%€74k▲ 62.4%€210k▲ 182%
Operating result€6k-€11k▲ 90.8%€12k▲ 12.0%€47k▲ 301%€199k▲ 321%
Net result€810-€5k▲ 568%€6k▲ 17.6%€29k▲ 348%€135k▲ 375%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 321% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€2k ▼ 96.8%
Current assets
€223k ▲ 399%
Equity and liabilities €225k
Equity
€210k ▲ 182%
Debt
€16k ▼ 62.9%
Debt's share of the balance-sheet total falls from 36.5% to 7.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€204k▲
2024 · €56k
Cash flow
€140k▲
2024 · €37k
Current ratio
14.12▲
2024 · 1.12
Debt to equity
0.08▼
2024 · 0.57
ROE
64.6%▲
2024 · 38.4%
ROA
60.1%▲
2024 · 24.4%
Interest coverage
468.59▲
2024 · 20.51
Debt ≤ 1 year
€16k▼
2024 · €40k
Income taxes
€64k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€117k€225k▲
Fixed assets21/28€72k€2k▼
Tangible fixed assets22/27€72k€2k▼
Land and buildings22€63k-
Plant, machinery and equipment23€3k€25▼
Furniture and vehicles24€6k€2k▼
Current assets29/58€45k€223k▲
Amounts receivable within one year40/41€7k€26k▲
Trade receivables40-€7k
Other amounts receivable41€7k€19k▲
Cash at bank and in hand54/58€36k€196k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€117k€225k▲
Equity10/15€74k€210k▲
Contributions10/11€6k€6k=
Reserves13€57k€193k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€56k€191k▲
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€43k€16k▼
Amounts payable within one year42/48€40k€16k▼
Financial debts43€95-
Credit institutions430/8€95-
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€3k€14k▲
Taxes450/3€3k€14k▲
Other amounts payable47/48€34k-
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€228k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€893€772▼
Non-recurring operating charges66A-€95
Gross operating margin9900€57k€205k▲
Operating profit (loss)9901€47k€199k▲
Financial income75/76B€105€475▲
Recurring financial income75€105€475▲
Financial charges65/66B€3k€436▼
Recurring financial charges65€3k€436▼
Profit (loss) for the period before taxes9903€45k€200k▲
Income taxes67/77€16k€64k▲
Profit (loss) for the period9904€29k€135k▲
Profit (loss) for the period to be appropriated9905€29k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€146k▲
Profit (loss) brought forward from the previous period14P€10k€11k▲
Transfer to equity691/2€28k€135k▲
To other reserves6921€28k€135k▲
The notes to these accounts (8 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
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-06
Financial
Highest result since 2019net €135k ▲375%
Operating result €199k, net result €135k, both a record.
30-06
Financial
Liquidity times 13current ratio 14.12
Current ratio from 1.12 to 14.12; short-term debt falls from €40k to €16k.
30-06
Financial
Equity above €200kEq €210k ▲182%
5 profitable years in a row build equity to €210k.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.51 to 1.12; short-term debt falls from €54k to €40k.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
30-06
Financial
Back to profitnet €810
Net result €810 after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
30-06
Financial
Weakest financial yearnet €-379
Net result drops to €-379, the lowest in the series; recovery starts the following year.
Show earlier events
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1999
Ground area
719 m²
Building footprint
120 m²
Parcel 42021D0591/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hooistraat (STG) 28, 9200 Dendermonde
since 19992.090.147.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021D0591/00H000 | Flanders | 719 m² | 1 · 120 m² | - |
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.
Similar companies · same sector, comparable size
DEMAITER TOMMY
BE 0471.374.765
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VERBEECK
BE 0446.140.810
Herentals · Eq €209,901
ZR-TEGELWERKEN
BE 0754.616.943
Genk · Eq €208,950
VAN MIRLO RONNY
BE 0478.160.015
Brecht · Eq €208,165
Van Riel Tegelbedrijf
BE 0455.838.434
Brasschaat · Eq €208,156
Of 3,962 companies in sector 43331 we hold annual accounts for 1,790. 1,407 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-1998
Fiscal year end30-06
Activities, NACEBEL 2025
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.