PELL-MATH
PELL-MATH has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €15k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 40 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €243k |
| Net result | €15k |
| Better than sector | 92% |
| Active | 41 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.8% | 48.5% | |
| Net result | €15k | €14k | |
| Equity | €243k | €85k | |
| Gross operating margin | €36k | €52k | |
| Total assets | €256k | €268k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €19k | €22k | €-8k |
| Net profit | €15k | €19k | €-18k |
| Cash flow | €15k | €21k | €-10k |
| Staff costs | - | - | - |
| Income taxes | €6k | €842 | €607 |
| Dividends | - | - | - |
| Total assets | €256k | €235k | €212k |
| Equity | €243k | €228k | €209k |
| Debt | €13k | €7k | €3k |
| of which ≤ 1y | €13k | €7k | €3k |
| of which > 1y | - | - | - |
| Working capital | €243k | €228k | €207k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 19.38 | 33.97 | 75.59 |
| Quick ratio | 19.38 | 33.97 | 75.59 |
| Working capital ratio | 94.8% | 96.8% | 97.6% |
| Solvency | 94.8% | 97.1% | 98.7% |
| Debt / equity | 0.05 | 0.03 | 0.01 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 31.15 | 22.36 | -7.51 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 5.7% | 8.1% | -8.6% |
| ROE | 6.0% | 8.3% | -8.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €256k | €235k | €212k |
| Fixed assets | 21/28 | €66 | €509 | €2k |
| Formation expenses | 20 | €0 | - | - |
| Intangible fixed assets | 21 | €0 | - | €1k |
| Tangible fixed assets | 22/27 | €66 | €509 | €1k |
| Current assets | 29/58 | €256k | €234k | €210k |
| Amounts receivable within one year | 40/41 | €38k | €33k | €37k |
| Investments | 50/53 | €50 | €50 | €50 |
| Cash & bank | 54/58 | €218k | €201k | €172k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €256k | €235k | €212k |
| Equity | 10/15 | €243k | €228k | €209k |
| Contributions / capital | 10/11 | €219k | €219k | €219k |
| Reserves | 13 | €24k | €24k | €24k |
| Accumulated profits (losses) | 14 | - | €-14k | €-33k |
| Amounts payable | 17/49 | €13k | €7k | €3k |
| Amounts payable within one year | 42/48 | €13k | €7k | €3k |
| Trade debts payable within one year | 44 | €727 | €700 | €979 |
| Income statement | ||||
| Gross operating margin | 9900 | €36k | €28k | €-6k |
| Operating result | 9901 | €19k | €20k | €-17k |
| Financial income | 75 | €2k | €564 | €0 |
| Financial charges | 65 | €612 | €985 | €1k |
| Result before taxes | 9903 | €20k | €20k | €-18k |
| Income taxes | 67/77 | €6k | €842 | €607 |
| Net result for the period | 9904 | €15k | €19k | €-18k |
| Result to be appropriated | 9905 | €15k | €19k | €-18k |
-
PELLENS MathieuDirectorState Gazette act 24400072 (27-05-2024)Current27-05-2024 → present
2 events
- 27-05-2024 Appointed· Director
- 27-05-2024 Resigned· Manager
Former directors (1)
-
PELLENS AstridManagerState Gazette act 24400072 (27-05-2024)Former- → 27-05-2024
| NACE primary | Manufacture of machinery and equipment not elsewhere classified(28990) |
| Legal form | Private limited company(610) |
| Incorporation | 04-03-1985 |
| Status | Active |
| Postal code | 3530 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0001/00W009 | Flanders | 10.3 ha | 1 · 6,147 m² | 11.2 m · 4 fl. |
| 72014B0737/00T000 | Flanders | 2,026 m² | 1 · 183 m² | 5.8 m · 1 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-05-2024 Registered office moved to Houthalen-Helchteren
- 3530 Houthalen-Helchteren , Eikelbosstraat 111, , .
Technical details
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"act_meta": {
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"pub_date": "2024-05-27",
"filing_date": "2024-05-23",
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},
"subject_company": {
"kbo": "0427.083.575",
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"co_filed_documents": [
"Expeditie van het verslagschrift van de buitengewone algemene vergadering",
"Geco\u00F6rdineerde statuten"
]
}| Legal nameNL | PELL-MATH |