ACTIVE

MATHER

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Financial year 2025 · closed on 30/09/2025

Net result

-47,2 k €

-106.9% YoY

Gross margin

303,3 k €

-75.1% YoY

Equity

2,4 M €

-13.4% YoY

Workforce

4,9 ETP

-2.0% YoY

What does MATHER do?

MATHER is a Private limited company incorporated in 1979. Its registered office is in Ardooie. It employs on average 4,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.286.359

Incorporation

01/02/1979

Legal form

Private limited company

Registered office

Roterijstraat 3
8850 Ardooie · FlandreSee on map

Contributed capital

37 184,03 €

Latest accounts

30/09/2025

Average workforce

4,9 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	303,3 k €	-75.1%	1,2 M €	+85.6%	656,9 k €	-31.2%	955,1 k €	+17.7%	811,8 k €	+2.8%	789,5 k €	-26.4%	1,1 M €	+36.1%	788,7 k €	+14.3%	689,9 k €	+29.2%	533,8 k €	-46.1%	990,8 k €	+7.7%	919,7 k €	-23.9%	1,2 M €	+13.6%	1,1 M €	+3.5%	1 M €	-7.8%	1,1 M €	-19.7%	1,4 M €	+11.6%	1,2 M €	+11.0%	1,1 M €
EBITDA	102,4 k €	-89.6%	979,9 k €	+118%	449,6 k €	-34.7%	688,7 k €	+35.1%	509,6 k €	+10.4%	461,8 k €	-30.8%	667,7 k €	+70.2%	392,3 k €	+45.5%	269,5 k €	+14.7%	235 k €	-41.6%	402,5 k €	+26.6%	317,9 k €	-51.3%	652,7 k €	+18.6%	550,5 k €	+7.7%	511 k €	-18.4%	626,3 k €	-18.9%	772,5 k €	+1.9%	758,2 k €	+18.2%	641,4 k €
Operating result	-62 k €	-107%	901,6 k €	+406%	178,2 k €	-45.3%	326 k €	+158%	126,2 k €	+4682%	2,6 k €	-98.1%	140,7 k €	+2019%	6,6 k €	+305%	-3,2 k €	-116%	19,7 k €	-77.6%	88 k €	+60.8%	54,7 k €	-78.2%	251 k €	+882%	25,6 k €	+190%	-28,5 k €	-138%	75,8 k €	-43.2%	133,3 k €	+109%	63,8 k €	-67.5%	196,5 k €
Net result	-47,2 k €	-107%	687,1 k €	+425%	130,8 k €	-45.5%	240 k €	+155%	94,2 k €	+1310%	-7,8 k €	-106%	128,5 k €	+15653%	816 €	-76.9%	3,5 k €	+203%	-3,4 k €	-101%	670,4 k €	+106%	325 k €	+863%	33,7 k €	+47.3%	22,9 k €	+43.8%	15,9 k €	-51.5%	32,8 k €	+9.8%	29,9 k €	-51.7%	61,9 k €	-31.3%	90 k €
Balance sheet
Equity	2,4 M €	-13.4%	2,8 M €	+33.2%	2,1 M €	+6.8%	1,9 M €	+15.8%	1,7 M €	+6.0%	1,6 M €	+1.3%	1,6 M €	+7.8%	1,4 M €	+0.1%	1,4 M €	+0.2%	1,4 M €	-0.2%	1,4 M €	+163%	549,6 k €	+10.2%	498,6 k €	+7.3%	464,9 k €	+5.2%	442 k €	+3.7%	426 k €	+7.3%	397,2 k €	+7.0%	371,3 k €	+10.0%	337,5 k €
Total assets	3 M €	-13.0%	3,4 M €	+12.9%	3 M €	-10.8%	3,4 M €	-0.5%	3,4 M €	-2.5%	3,5 M €	-12.1%	4 M €	+8.6%	3,7 M €	+3.5%	3,5 M €	+6.4%	3,3 M €	-7.4%	3,6 M €	+73.5%	2,1 M €	-4.6%	2,2 M €	+1.9%	2,1 M €	-14.2%	2,5 M €	+22.9%	2 M €	-21.7%	2,6 M €	-8.5%	2,8 M €	+25.4%	2,2 M €
Cash	651,3 k €	+192%	223,3 k €	-36.0%	348,9 k €	+222%	108,5 k €	+182%	38,5 k €	+277%	10,2 k €	-76.6%	43,6 k €	-68.5%	138,2 k €	-60.1%	346,3 k €	-2.1%	353,8 k €	-58.8%	858,6 k €	+130%	373,1 k €	+635%	50,7 k €	+185%	17,8 k €	-34.5%	27,2 k €	+115%	12,7 k €	-78.7%	59,4 k €	-43.3%	104,7 k €	+98.4%	52,8 k €
Debts	282,6 k €	-17.1%	340,7 k €	-49.0%	668,5 k €	-43.5%	1,2 M €	-18.2%	1,4 M €	-9.3%	1,6 M €	-22.0%	2 M €	+11.7%	1,8 M €	+9.1%	1,7 M €	+17.3%	1,4 M €	-15.0%	1,7 M €	+34.3%	1,3 M €	-25.2%	1,7 M €	+0.4%	1,7 M €	-18.4%	2 M €	+28.0%	1,6 M €	-25.2%	2,1 M €	-11.0%	2,4 M €	+28.9%	1,9 M €
Other
Workforce	4,9 ETP	-2.0%	5,0 ETP	-16.7%	6,0 ETP	-21.1%	7,6 ETP	-11.6%	8,6 ETP	-13.1%	9,9 ETP	0.0%	9,9 ETP	-5.7%	10,5 ETP	+16.7%	9,0 ETP	-2.2%	9,2 ETP	0.0%	9,2 ETP	-28.1%	12,8 ETP	-15.2%	15,1 ETP	+13.5%	13,3 ETP	+1.5%	13,1 ETP	-4.4%	13,7 ETP	-15.4%	16,2 ETP	+32.8%	12,2 ETP	+4.3%	11,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

Olivier Devriese

Director · since 24 mai 2022 · 0784.951.219

Represented by Devriese Olivier

Active

Geert Mattan

Director · since 01 juin 2013 · until 30 janvier 2025

Active

Ended mandates

Olivier Devriese

Director · since 24 mai 2022 · 0784.951.219

Represented by Devriese OLIVIER

Ended

Geert Mattan

Director · since 01 juin 2013

Ended

Geert Mattan

Manager · since 01 juin 2013 · until 01 juin 2019

Ended

Geert Mattan

Manager · since 01 juin 2013

Ended

At this address

Other companies at this address

Company	CBE no.
Mather Trading● Active	0806.791.065

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	03/01/2025	12/04/2024	14/04/2023	29/04/2022	12/04/2021
General meeting	07/03/2026	06/12/2024	02/03/2024	04/03/2023	05/03/2022	06/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	07/03/2026	27/04/2026	Dutch	PDF
Abridged model	30/09/2024	06/12/2024	03/01/2025	Dutch	PDF
Abridged model	30/09/2023	02/03/2024	12/04/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	14/04/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	29/04/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	12/04/2021	Dutch	PDF
Abridged model	30/09/2019	30/12/2019	30/01/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	29/04/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	20/04/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	27/04/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	28/04/2016	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

Olivier Devriese

Director · since 24 mai 2022 · 0784.951.219

Represented by Devriese Olivier

Active

Geert Mattan

Director · since 01 juin 2013 · until 30 janvier 2025

Active

Ended mandates

Olivier Devriese

Director · since 24 mai 2022 · 0784.951.219

Represented by Devriese OLIVIER

Ended

Geert Mattan

Director · since 01 juin 2013

Ended

Geert Mattan

Manager · since 01 juin 2013 · until 01 juin 2019

Ended

Geert Mattan

Manager · since 01 juin 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other21/01/2015
BOEKJAAR
PDF
Capital / shares18/04/2014
KAPITAAL - AANDELEN
PDF
Mandates13/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-47,2 k €↓
2024
Annual accounts 2024687,1 k €↑
2023
Annual accounts 2023130,8 k €↓
2022
Annual accounts 2022240 k €↑
2021
Annual accounts 202194,2 k €↑
2020
Annual accounts 2020-7,8 k €↓
2019
Annual accounts 2019128,5 k €↑
2018
Annual accounts 2018816 €↓
2017
Annual accounts 20173,5 k €↑
2016
Annual accounts 2016-3,4 k €↓
2015
Annual accounts 2015670,4 k €↑
2013
Annual accounts 2013325 k €↑
2012
Annual accounts 201233,7 k €↑
2011
Annual accounts 201122,9 k €↑
2010
Annual accounts 201015,9 k €↓
2009
Annual accounts 200932,8 k €↑
2008
Annual accounts 200829,9 k €↓
2007
Annual accounts 200761,9 k €↓
2006
Annual accounts 200690 k €
01/02/1979
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MATHER

Overview

What does MATHER do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline