don MATHI
0433.204.671 · rovalta.com · 22/09/2026
ACTIVE
don MATHI
Financial year 2025 · closed on 31/12/2025
Net result
46,4 k €
+106.4% YoY
Gross margin
96,6 k €
+8.9% YoY
Equity
3,7 M €
+1.3% YoY
Overview
What does don MATHI do?
don MATHI is a Private limited company incorporated in 1988. Its registered office is in Hasselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.204.671
Incorporation
22/01/1988
Legal form
Private limited company
Registered office
Koning Albertstraat 22
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
2 600 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
- 100
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 96,6 k € | +8.9% | 88,7 k € | -2.2% | 90,7 k € | -17.5% | 109,9 k € | -37.0% | 174,4 k € | +35.4% | 128,8 k € | -26.7% | 175,7 k € | +1.0% | 174 k € | -1.2% | 176,1 k € | +14.7% | 153,5 k € | -48.3% | 297,1 k € | -22.1% | 381,2 k € | -8.5% | 416,6 k € | +4.5% | 398,5 k € | -9.1% | 438,6 k € | +14.4% | 383,2 k € | +1.3% | 378,4 k € | +5.4% | 359,1 k € | +25.1% | 287,1 k € | +29.4% | 221,9 k € |
| EBITDA | 86,4 k € | +113% | -689,4 k € | -998% | 76,8 k € | -4.6% | 80,4 k € | -53.9% | 174,4 k € | +35.5% | 128,7 k € | -26.8% | 175,7 k € | +1.5% | 173,2 k € | -0.8% | 174,6 k € | +192% | 59,7 k € | +58.6% | 37,7 k € | -59.1% | 92 k € | +88.4% | 48,8 k € | -65.9% | 143,3 k € | -24.3% | 189,3 k € | +35.3% | 139,9 k € | +13.0% | 123,8 k € | +9.5% | 113,1 k € | +152% | 44,8 k € | +218% | -37,9 k € |
| Operating result | 46,4 k € | +106% | -729 k € | -5240% | 14,2 k € | -8.3% | 15,5 k € | -85.9% | 109,4 k € | +71.8% | 63,7 k € | -42.5% | 110,8 k € | +2.4% | 108,2 k € | -1.3% | 109,6 k € | +2194% | -5,2 k € | +89.8% | -51,2 k € | -4985% | 1 k € | +103% | -40,7 k € | -134% | 119,5 k € | -26.2% | 161,9 k € | +23.1% | 131,5 k € | +22.0% | 107,8 k € | +11.7% | 96,5 k € | +262% | 26,6 k € | +148% | -55 k € |
| Net result | 46,4 k € | +106% | -729 k € | -6171% | 12 k € | -22.4% | 15,5 k € | -81.5% | 83,5 k € | +67.8% | 49,8 k € | -40.4% | 83,5 k € | +14.5% | 72,9 k € | -6.0% | 77,6 k € | +618% | -15 k € | -344% | -3,4 k € | +73.3% | -12,6 k € | -147% | 27,1 k € | -94.2% | 470,8 k € | +164% | 178,2 k € | +61.9% | 110,1 k € | -5.5% | 116,5 k € | +0.1% | 116,4 k € | +1134% | 9,4 k € | +120% | -46 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 3,7 M € | +1.3% | 3,6 M € | -16.7% | 4,4 M € | +0.3% | 4,4 M € | +0.4% | 4,3 M € | +2.0% | 4,3 M € | +1.2% | 4,2 M € | +2.0% | 4,1 M € | +1.8% | 4 M € | +2.0% | 4 M € | -0.4% | 4 M € | -0.1% | 4 M € | -0.3% | 4 M € | +171% | 1,5 M € | +46.9% | 1 M € | +21.6% | 826,6 k € | +15.4% | 716,6 k € | +19.4% | 600,1 k € | +24.1% | 483,7 k € | +2.0% | 474,3 k € |
| Total assets | 5,9 M € | -0.6% | 6 M € | +33.9% | 4,5 M € | +0.9% | 4,4 M € | +0.5% | 4,4 M € | +0.4% | 4,4 M € | -1.4% | 4,4 M € | -1.2% | 4,5 M € | -3.5% | 4,7 M € | -1.0% | 4,7 M € | -4.9% | 4,9 M € | -5.1% | 5,2 M € | -4.1% | 5,4 M € | +200% | 1,8 M € | +11.6% | 1,6 M € | +16.5% | 1,4 M € | +4.7% | 1,3 M € | +11.4% | 1,2 M € | +19.5% | 998,4 k € | -2.5% | 1 M € |
| Cash | 2,8 k € | +230% | 832,9 € | +158% | 323,2 € | -98.3% | 19,2 k € | -68.3% | 60,6 k € | -3.1% | 62,6 k € | +19.0% | 52,6 k € | -15.1% | 61,9 k € | -62.1% | 163,3 k € | +13.1% | 144,4 k € | +329% | 33,6 k € | -56.8% | 77,8 k € | -52.1% | 162,3 k € | +96.1% | 82,8 k € | +1346% | 5,7 k € | +668% | 745,3 € | -95.0% | 14,8 k € | +92.8% | 7,7 k € | +40.4% | 5,5 k € | -37.2% | 8,7 k € |
| Debts | 2,2 M € | -3.6% | 2,3 M € | +2687% | 83,4 k € | +77.6% | 47 k € | +48.6% | 31,6 k € | -65.8% | 92,5 k € | -52.6% | 195 k € | -39.6% | 323,1 k € | -41.6% | 553,3 k € | -17.3% | 669,4 k € | -22.1% | 859,2 k € | -20.6% | 1,1 M € | -15.6% | 1,3 M € | +597% | 183,9 k € | -70.2% | 616,4 k € | +9.2% | 564,6 k € | -7.8% | 612,2 k € | +6.2% | 576,5 k € | +14.5% | 503,3 k € | -8.4% | 549,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 0,7 ETP | -90.4% | 7,3 ETP | -13.1% | 8,4 ETP | -4.5% | 8,8 ETP | 0.0% | 8,8 ETP | -2.2% | 9,0 ETP | 0.0% | 9,0 ETP | +1.1% | 8,9 ETP | -12.7% | 10,2 ETP | +4.1% | 9,8 ETP | -3.0% | 10,1 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/06/2026 | 07/10/2025 | 03/07/2024 | 03/08/2023 | 26/08/2022 | 23/07/2021 |
| General meeting | 01/06/2026 | 02/06/2025 | 03/06/2024 | 05/06/2023 | 07/06/2022 | 07/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 01/06/2026 | 02/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 02/06/2025 | 07/10/2025 | Dutch | |
| Micro model | 31/12/2023 | 03/06/2024 | 03/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 05/06/2023 | 03/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 07/06/2022 | 26/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 07/06/2021 | 23/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 02/06/2020 | 12/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 28/06/2019 | 12/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 04/06/2018 | 09/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 06/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 06/06/2016 | 11/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 24/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/06/2014 | 26/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 03/06/2013 | 15/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 04/06/2012 | 07/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 23/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 15/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/06/2009 | 16/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 10/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 08/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202546,4 k €↑
- 2024Annual accounts 2024-729 k €↓
- 2023Annual accounts 202312 k €↓
- 2022Annual accounts 202215,5 k €↓
- 2021Annual accounts 202183,5 k €↑
- 2020Annual accounts 202049,8 k €↓
- 2019Annual accounts 201983,5 k €↑
- 2018Annual accounts 201872,9 k €↓
- 2017Annual accounts 201777,6 k €↑
- 2016Annual accounts 2016-15 k €↓
- 2015Annual accounts 2015-3,4 k €↑
- 2014Annual accounts 2014-12,6 k €↓
- 2013Annual accounts 201327,1 k €↓
- 2012Annual accounts 2012470,8 k €↑
- 2011Annual accounts 2011178,2 k €↑
- 2010Annual accounts 2010110,1 k €↓
- 2009Annual accounts 2009116,5 k €↑
- 2008Annual accounts 2008116,4 k €↑
- 2007Annual accounts 20079,4 k €↑
- 2006Annual accounts 2006-46 k €
- 22/01/1988IncorporationPrivate limited company