MATTHYMED
ActiveSummary
MATTHYMED has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,270 and a net result of €12,067. Equity is growing by about 67% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Equity
- €35,270
- Profit
- €12,067
- Holdings
- 1
- DELVAUX Catherine Anne SylvieDirector
- THYS Matthias Olivier DenisDirector
Why 65raises riskFounded in 2023lowers riskSize: total assets €189,457No main activity registeredFigures for financial year 2025 (filed 16-06-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 27% on solvency, 31% on liquidity, 59% on profitability and 87% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2023 to 2025net €19,248 ▲885%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 24% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €562 | €10,217 | €15,831 | ▲ 55.0% |
| Other operating charges640/8 | €384 | €1,641 | €1,775 | ▲ 8.2% |
| Gross operating margin9900 | €4,518 | €42,112 | €40,581 | ▼ 3.6% |
| Operating profit (loss)9901 | €3,571 | €30,255 | €22,976 | ▼ 24.1% |
| Financial income75/76B | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | €1,023 | €5,583 | €5,482 | ▼ 1.8% |
| Recurring financial charges65 | €1,023 | €5,583 | €5,482 | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | €2,549 | €24,672 | €17,494 | ▼ 29.1% |
| Income taxes67/77 | €595 | €5,424 | €5,427 | ▲ 0.1% |
| Profit (loss) for the period9904 | €1,954 | €19,248 | €12,067 | ▼ 37.3% |
| Profit (loss) for the period to be appropriated9905 | €1,954 | €19,248 | €12,067 | ▼ 37.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €146,287 | €186,583 | €189,457 | ▲ 1.5% |
| Fixed assets21/28 | €136,438 | €168,721 | €154,190 | ▼ 8.6% |
| Intangible fixed assets21 | €136,438 | €131,875 | €127,313 | ▼ 3.5% |
| Tangible fixed assets22/27 | - | €26,845 | €16,876 | ▼ 37.1% |
| Furniture and vehicles24 | - | €26,845 | €16,876 | ▼ 37.1% |
| Financial fixed assets28 | - | €10,000 | €10,000 | = |
| Current assets29/58 | €9,850 | €17,862 | €35,267 | ▲ 97.4% |
| Amounts receivable within one year40/41 | €5,694 | €11,045 | €28,838 | ▲ 161% |
| Trade receivables40 | €5,252 | €10,254 | €10,838 | ▲ 5.7% |
| Other amounts receivable41 | €442 | €791 | €18,000 | ▲ 23× |
| Cash at bank and in hand54/58 | €4,156 | €4,951 | €4,336 | ▼ 12.4% |
| Deferred charges and accrued income490/1 | - | €1,866 | €2,093 | ▲ 12.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €146,287 | €186,583 | €189,457 | ▲ 1.5% |
| Equity10/15 | €3,954 | €23,203 | €35,270 | ▲ 52.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €1,954 | €21,203 | €33,270 | ▲ 56.9% |
| Amounts payable17/49 | €142,333 | €163,380 | €154,187 | ▼ 5.6% |
| Amounts payable after more than one year17 | €129,128 | €132,121 | €122,169 | ▼ 7.5% |
| Financial debts170/4 | €129,128 | €132,121 | €122,169 | ▼ 7.5% |
| Amounts payable within one year42/48 | €13,205 | €31,260 | €32,019 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | - | - | €9,952 | - |
| Financial debts43 | €4,504 | €9,605 | - | - |
| Credit institutions430/8 | €4,504 | €9,605 | - | - |
| Trade debts44 | €5,979 | €318 | €1,746 | ▲ 448% |
| Suppliers440/4 | €5,979 | €318 | €1,746 | ▲ 448% |
| Taxes, remuneration and social security45 | €2,497 | €6,849 | €12,600 | ▲ 84.0% |
| Taxes450/3 | €2,497 | €6,849 | €12,600 | ▲ 84.0% |
| Other amounts payable47/48 | €225 | €14,488 | €7,721 | ▼ 46.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,954 | €19,248 | €12,067 | ▼ 37.3% |
| + Depreciation and write-downs630 | €562 | €10,217 | €15,831 | ▲ 55.0% |
| Operating cash flow (approximation) | €2,517 | €29,465 | €27,898 | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | -€42,500 | -€1,300 | ▲ 96.9% |
| Change in cash | - | €795 | -€615 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 16-06-2026 | 2026-00163630 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00444187 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00437371 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DELVAUX Catherine Anne Sylvie |
|
| THYS Matthias Olivier Denis |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
According to the 2025 annual accounts of MATTHYMED and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
08-05
Gazette deed
IncorporationAppointments: THYS Matthias Olivier Denis (director) and DELVAUX Catherine Anne Sylvie (director) · Founder · Founding capital9 facts ▸
- Incorporation, 03-05-2023
- Founder, THYS Matthias Olivier Denis (comparant)
- Founder, DELVAUX Catherine Anne Sylvie (comparante)
- Founding capital, €2,000
- Bank account, “Beobank, sociétéenformation” (deed in French)
- Registered office clause, “Uccle (1180 Bruxelles), Rue des Trois Rois 108” (deed in French)
- Board rule, 2, “assemblée” (deed in French)
- Director appointment, THYS Matthias Olivier Denis (director (not named in the articles))
- Director appointment, DELVAUX Catherine Anne Sylvie (director (not named in the articles))
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23016D0178/00N000 | Flanders | 1,635 m² | 1 · 587 m² | 16.2 m · 4 |
| 21616G0338/00N002 | Brussels | 1,012 m² | 1 · 151 m² | 15.1 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’exercice et la pratique de la kinésithérapie dans son sens le plus large; La mise en œuvre de toutes techniques paramédicales,ainsi que…” (deed in French)
7 activities (deed in French)
- L’exercice et la pratique de la kinésithérapie dans son sens le plus large
- La mise en œuvre de toutes techniques paramédicales,ainsi que l’exercice de soins en rapport avec la kinésithérapie pour enfants et adultes
- La conception,l’installation,le fonctionnement,l’organisation et l’exploitation d’un cabinet ou d’un centre destiné à dispenser l’ensemble des prestations qui précèdent
- L’organisation de séminaires,de stages,de formations,de cours,de conférences et de recyclage ayant trait aux activités qui précèdent
- L’achat de tout matériel et appareil,de produits ou fournitures nécessaires pour dispenser les prestations susmentionnées
- L’ensemble de ces activités pourra être effectué au cabinet du praticien,au domicile des patients ou dans tout autre endroit privé,professionnel,sportif,scolaire,hospitalier,en home de retraite ou en tout autre endroit,le tout moyennant les agréations éventuellement requises et dans le respect des règles déontologiques qui régissent la kinésithérapie
- La gestion du patrimoine immobilier,dans son acceptation la plus large et notamment:la rénovation,la transformation,l'aménagement,la location,l'acquisition et la gestion dans le sens le plus large,en nom propre et au nom de tiers,d'immeubles,sans que cette énumération soit limitative,et de biens meubles,sans que cette énumération soit limitative,ainsi que l'achat ou l'acquisition d'une autre manière,l'aliénation,l'acte de grever,la location,la prise en location,la préparation pour construire,l'exploitation de commerce immeubles en Belgique ou à l'étranger,en nom propre ou pour compte de tiers
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MATTHYMED
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Saturday of May at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction en vertu des statuts si aucun autre liquidateur désigné” (deed in French)