PASCAL MATHY
Annual accounts 2025
micro format, filed on 29-08-2026, 29 days late€342,366
▲ 23.4%
€100,531
▼ 37.9%
€67,233
▼ 40.3%
€205,625
▼ 20.0%
42.8%
▲ 2.4 percentage points
2.14
▼ 0.18
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 ≈ €850,000. Estimated: probably between €650,000 and €1.1m.
Balance sheet
balance sheet total €1.1m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
42.8%
Higher than 45% of 35,136 companies in 2025.
2.14
Higher than 58% of 34,510 companies in 2025.
6.2%
Higher than 47% of 34,711 companies in 2025.
PASCAL MATHY
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
€39,295
Staff costs divided by the average number of full-time equivalents.
+4 people
people who joined
people who left
In 2025, 8 people joined and 4 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
1.1m | 1.2m | 862,614 | 747,212 | 652,133 | 660,809 | 340,712 | 283,974 | 190,255 | 152,053 | 171,466 | |
21/28 |
697,843 | 704,019 | 434,855 | 411,186 | 430,946 | 440,176 | 152,224 | 148,430 | 42,085 | 59,257 | 44,040 | |
22/27 |
697,818 | 703,994 | 434,830 | 411,161 | 430,921 | 440,151 | 152,199 | 148,405 | 42,060 | 59,232 | 44,015 | |
22 |
584,178 | 629,877 | 350,876 | 364,870 | 379,233 | 399,421 | 114,868 | 122,200 | - | - | - | |
23 |
62,444 | 34,557 | 36,084 | 37,365 | 38,900 | 23,509 | 17,325 | 12,889 | 8,078 | 7,377 | 6,285 | |
24 |
49,126 | 36,932 | 47,870 | 8,927 | 12,788 | 17,222 | 20,006 | 13,317 | 33,982 | 51,855 | 37,730 | |
26 |
2,069 | 2,628 | - | - | - | - | - | - | - | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
386,316 | 451,996 | 427,759 | 336,026 | 221,188 | 220,632 | 188,488 | 135,544 | 148,169 | 92,796 | 127,426 | |
3 |
58,171 | 51,405 | 45,032 | 27,724 | 22,282 | 15,931 | 13,158 | 5,062 | 2,960 | 4,665 | 2,592 | |
30/36 |
58,171 | 51,405 | 45,032 | 27,724 | 22,282 | 15,931 | 13,158 | 5,062 | 2,960 | 4,665 | 2,592 | |
40/41 |
206,434 | 269,372 | 284,051 | 208,703 | 133,040 | 110,691 | 138,610 | 110,018 | 65,974 | 38,499 | 70,051 | |
40 |
181,908 | 223,277 | 253,760 | 175,845 | 94,933 | 73,417 | 102,337 | 66,591 | 45,964 | 12,088 | 6,837 | |
41 |
24,526 | 46,095 | 30,290 | 32,858 | 38,107 | 37,274 | 36,273 | 43,428 | 20,010 | 26,411 | 63,214 | |
54/58 |
102,862 | 122,518 | 89,085 | 96,315 | 61,324 | 91,767 | 35,123 | 17,665 | 78,139 | 48,718 | 54,783 | |
490/1 |
18,849 | 8,702 | 9,592 | 3,284 | 4,542 | 2,244 | 1,598 | 2,798 | 1,097 | 914 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
1.1m | 1.2m | 862,614 | 747,212 | 652,133 | 660,809 | 340,712 | 283,974 | 190,255 | 152,053 | 171,466 | |
10/15 |
463,987 | 467,342 | 394,675 | 286,295 | 185,631 | 154,575 | 133,838 | 97,457 | 81,078 | 60,425 | 26,313 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
335,365 | 335,365 | 262,698 | 154,317 | 53,654 | 22,597 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
335,365 | 335,365 | 262,698 | 152,457 | 51,794 | 20,737 | - | - | - | - | - | |
14 |
110,023 | 113,378 | 113,378 | 113,378 | 113,378 | 113,378 | 113,378 | 76,997 | 60,618 | 39,965 | 5,853 | |
17/49 |
620,171 | 688,673 | 467,938 | 460,917 | 466,502 | 506,234 | 206,874 | 186,517 | 109,177 | 91,628 | 145,153 | |
17 |
439,481 | 493,605 | 313,418 | 312,874 | 348,226 | 382,900 | 121,424 | 122,180 | 17,480 | 27,754 | 26,424 | |
170/4 |
439,481 | 493,605 | 313,418 | 312,874 | 348,226 | 382,900 | 121,424 | 122,180 | 17,480 | 27,754 | 26,424 | |
42/48 |
180,690 | 195,068 | 154,520 | 148,043 | 117,376 | 122,399 | 85,380 | 64,336 | 54,552 | 63,874 | 118,728 | |
42 |
64,685 | 64,449 | 55,323 | 54,167 | 51,360 | 60,370 | 38,710 | 37,500 | 28,626 | 37,706 | 6,510 | |
44 |
17,175 | 69,013 | 62,300 | 72,153 | 50,376 | 33,458 | 25,262 | 8,003 | 18,876 | 23,700 | 9,559 | |
440/4 |
17,175 | 69,013 | 62,300 | 72,153 | 50,376 | 33,458 | 25,262 | 8,003 | 18,876 | 23,700 | 9,559 | |
45 |
24,209 | 21,606 | 36,898 | 21,724 | 14,823 | 7,142 | 7,123 | 4,548 | 7,050 | 1,848 | 2,659 | |
450/3 |
9,488 | 17,107 | 21,207 | 16,083 | 5,543 | 2,074 | - | 397 | 1,636 | 411 | 2,577 | |
454/9 |
14,721 | 4,500 | 15,691 | 5,640 | 9,280 | 5,069 | 7,123 | 4,151 | 5,414 | 1,437 | 83 | |
47/48 |
74,622 | 40,000 | - | - | 816 | 21,429 | 14,286 | 14,286 | - | 619 | 100,000 | |
492/3 |
- | - | - | - | 900 | 935 | 70 | - | 37,144 | - | - | |
| Income statement | ||||||||||||
76A |
- | 1,240 | - | - | - | - | - | - | - | - | - | |
9900 |
342,366 | 277,339 | 264,946 | 272,949 | 159,867 | 217,058 | 192,156 | 156,792 | 109,528 | 105,398 | 124,627 | |
62 |
145,393 | 59,738 | 61,496 | 88,770 | 78,179 | 97,967 | 87,414 | 66,776 | 57,084 | 36,100 | 1,788 | |
630 |
64,225 | 43,527 | 31,325 | 27,115 | 30,267 | 54,298 | 33,538 | 45,468 | 22,487 | 20,645 | 11,980 | |
631/4 |
- | 1,549 | - | 4,050 | - | - | - | 3,373 | - | - | - | |
640/8 |
12,443 | 10,529 | 14,306 | 4,490 | 3,706 | 3,811 | 5,155 | 932 | 632 | 383 | 276 | |
66A |
19,774 | - | - | - | - | - | - | 2,151 | - | - | - | |
9901 |
100,531 | 161,996 | 157,819 | 148,525 | 47,715 | 60,982 | 66,049 | 38,092 | 29,326 | 48,271 | 110,583 | |
75/76B |
2,768 | 6,526 | 4,316 | 264 | 1,544 | 1,656 | 758 | 2,233 | 4 | 725 | - | |
75 |
2,768 | 6,526 | 4,316 | 264 | 1,544 | 1,656 | 758 | 2,233 | 4 | 725 | - | |
65/66B |
18,591 | 14,844 | 7,547 | 7,237 | 7,642 | 7,784 | 3,169 | 2,095 | 1,521 | 1,597 | 296 | |
65 |
18,591 | 14,844 | 7,547 | 7,237 | 7,642 | 7,784 | 3,169 | 2,095 | 1,521 | 1,597 | 296 | |
9903 |
84,707 | 153,677 | 154,588 | 141,552 | 41,616 | 54,854 | 63,638 | 38,229 | 27,809 | 47,399 | 110,286 | |
67/77 |
17,474 | 41,010 | 46,207 | 40,889 | 10,560 | 12,688 | 12,972 | 7,564 | 7,156 | 13,287 | 2,573 | |
9904 |
67,233 | 112,667 | 108,381 | 100,663 | 31,056 | 42,166 | 50,666 | 30,665 | 20,653 | 34,112 | 107,713 | |
9905 |
67,233 | 112,667 | 108,381 | 100,663 | 31,056 | 42,166 | 50,666 | 30,665 | 20,653 | 34,112 | 107,713 | |
| Appropriation of the result | ||||||||||||
9906 |
180,611 | 226,044 | 221,758 | 214,041 | 144,434 | 155,543 | 127,663 | 91,283 | 60,618 | 39,965 | 107,713 | |
14P |
113,378 | 113,378 | 113,378 | 113,378 | 113,378 | - | - | - | - | - | - | |
691/2 |
- | 72,667 | 108,381 | 100,663 | 31,056 | 20,737 | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 72,667 | 108,381 | 100,663 | 31,056 | 20,737 | - | - | - | - | - | |
694/7 |
70,588 | 40,000 | - | - | - | 21,429 | 14,286 | 14,286 | - | - | 100,000 | |
694 |
70,588 | 40,000 | - | - | - | 21,429 | 14,286 | 14,286 | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 100,000 | |
| Social balance sheet | ||||||||||||
9087 |
3.7 | 2.1 | 3.1 | 3.3 | 2 | 3.3 | 2.5 | 2.2 | 2.1 | 1.5 | 0.3 | |
Hours worked1013 |
5,973 | 3,422 | 4,444 | 5,020 | 2,842 | 3,548 | 3,360 | 3,226 | - | 2,003 | 224 | |
| Document | ||||||||||||
The notes to these accounts have 9 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 29-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484429.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00484429 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00482787 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00454129 | |
| 31-12-2022 | micro format | 16-11-2023 | 2023-00513676 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20423104 | |
| 31-12-2020 | micro format | 28-08-2021 | 2021-65700586 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-49400306 | |
| 31-12-2018 | micro format | 18-08-2019 | 2019-47500571 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-60000139 | |
| 31-12-2016 | micro format | 08-01-2018 | 2018-00800041 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-58300181 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 164,756 | 205,522 | 189,144 | 175,639 | 77,982 | 115,280 | 99,587 | 83,560 | 51,813 | 68,916 | 122,563 | ||
| 131,459 | 156,194 | 139,706 | 127,778 | 61,323 | 96,464 | 84,204 | 76,133 | 43,140 | 54,757 | 119,693 | ||
| 92,511 | 312,691 | 54,994 | 7,355 | 21,036 | 342,250 | 37,331 | 159,336 | 5,315 | 35,862 | 56,020 | ||
| -19,656 | 33,433 | -7,230 | 34,992 | -30,443 | 56,644 | 17,458 | -60,474 | 29,421 | -6,065 | - | ||
| 205,625 | 256,928 | 273,239 | 187,983 | 103,812 | 98,233 | 103,108 | 71,207 | 93,617 | 28,922 | 8,697 | ||
| 42.8% | 40.4% | 45.8% | 38.3% | 28.5% | 23.4% | 39.3% | 34.3% | 42.6% | 39.7% | 15.3% | ||
| 2.14 | 2.32 | 2.77 | 2.27 | 1.88 | 1.80 | 2.21 | 2.11 | 2.72 | 1.45 | 1.07 | ||
| 1.82 | 2.05 | 2.48 | 2.08 | 1.69 | 1.67 | 2.05 | 2.03 | 2.66 | 1.38 | 1.05 | ||
| 1.34 | 1.47 | 1.19 | 1.61 | 2.51 | 3.28 | 1.55 | 1.91 | 1.35 | 1.52 | 5.52 | ||
| 14.5% | 24.1% | 27.5% | 35.2% | 16.7% | 27.3% | 37.9% | 31.5% | 25.5% | 56.5% | 409.4% | ||
| 6.2% | 9.7% | 12.6% | 13.5% | 4.8% | 6.4% | 14.9% | 10.8% | 10.9% | 22.4% | 62.8% | ||
| 8.86 | 13.85 | 25.06 | 24.27 | 10.20 | - | - | - | - | - | - |
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
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 2 | 3 | 4 | 3 |
| full-time | 4 | 1 | 2 | 3 | 2 |
| part-time | 2 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 5 | 1.5 | 2.5 | 3.5 | 2.5 |
| 3.7 | 2.1 | 3.1 | 3.3 | 2 | |
| On a permanent contract | 3 | 1 | 1 | 2 | 2 |
| Joined | 8 | 1 | 1 | 2 | 2 |
| Left | 4 | 2 | 2 | 1 | 3 |
| Training hours | - | 1,920 | 3,504 | 2,581 | 72 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €92,511 | €312,691 | €54,994 | €7,355 | €21,036 |
| €64,225 | €43,527 | €31,325 | €27,115 | €30,267 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on PASCAL MATHY
The operating result for 2025 is 38% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 59.6% to 57.2%. Equity and debt are lower.