NICOLAS MATHIEU
ActiveNICOLAS MATHIEU has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316k and a net result of €39k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+37
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.79 against 25.91 in 2024), and 27% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
73%
Return on assets
9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 06-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
35 d early
2022
30 d early
2021
52 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
05-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€316k▲ 6.9%
2024 · €296k
2022: €148k
2023: €302k
2024: €296k
2022 → 2025
Total assets
€433k▲ 40.9%
2024 · €308k
2022: €196k
2023: €350k
2024: €308k
2022 → 2025
Net result
€39k▲ 161%
2024 · €15k
2022: €12k
2023: €154k
2024: €15k
2022 → 2025
Working capital
€259k▼ 12.4%
2024 · €295k
2022: €70k
2023: €302k
2024: €295k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€148k-€302k▲ 104%€296k▼ 1.9%€316k▲ 6.9%
Operating result€23k-€176k▲ 684%€36k▼ 79.6%€48k▲ 32.2%
Net result€12k-€154k▲ 1,176%€15k▼ 90.3%€39k▲ 161%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€121k▲ 31,120%
Current assets
€313k▲ 1.8%
Equity and liabilities €433k
Equity
€316k▲ 6.9%
Debt
€117k▲ 888%
The debt ratio rises from 3.9% to 27.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€52k▲
2024 · €36k
Cash flow
€44k▲
2024 · €15k
Solvency
73.0%▼
2024 · 96.1%
Current ratio
5.79▼
2024 · 25.91
Quick ratio
5.79▼
2024 · 25.91
Debt / equity
0.37▲
2024 · 0.04
ROE
12.4%▲
2024 · 5.1%
ROA
9.0%▲
2024 · 4.9%
Interest coverage
-10.77▼
2024 · 2.91
Debt
€117k▲
2024 · €12k
Debt ≤ 1 year
€54k▲
2024 · €12k
Debt > 1 year
€62k
Income taxes
€15k▲
2024 · €10k
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
Total assets
20/58€308k€433k▲
Fixed assets
21/28€386€121k▲
Tangible fixed assets
22/27€386€121k▲
Current assets
29/58€307k€313k▲
Amounts receivable within one year
40/41€15k€26k▲
Investments
50/53€224k€30k▼
Cash & bank
54/58€55k€204k▲
Total equity & liabilities
10/49€308k€433k▲
Equity
10/15€296k€316k▲
Contributions / capital
10/11€19k€19k=
Reserves
13€277k€298k▲
Accumulated profits (losses)
14€0€0=
Amounts payable
17/49€12k€117k▲
Amounts payable after one year
17-€62k
Amounts payable within one year
42/48€12k€54k▲
Trade debts payable within one year
44€7k€25k▲
Income statement
Code20242025
Gross operating margin
9900€38k€54k▲
Operating result
9901€36k€48k▲
Financial income
75€2k€2k▼
Financial charges
65€12k€-5k▼
Result before taxes
9903€25k€54k▲
Income taxes
67/77€10k€15k▲
Net result for the period
9904€15k€39k▲
Result to be appropriated
9905€15k€39k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-12
Financial
Liquidity triplescurrent ratio 25.91
Current ratio from 7.44 to 25.91; short-term debt falls from €47k to €12k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-12
Financial
Highest result since 2022net €154k ▲1176%
Operating result €176k, net result €154k, both a record.
30-12
Financial
Liquidity triplescurrent ratio 7.44
Current ratio from 2.43 to 7.44; short-term debt falls from €49k to €47k.
30-12
Financial
Equity above €200kEq €302k ▲104%
2 profitable years in a row build equity to €302k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 82,369 companies in sector 70200 we hold annual accounts for 51,486. 37,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2002
Fiscal year end30-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-07-2026. Scores and ratios are computed by Checked and are not a credit decision.