MATHIE
0444.956.915 · rovalta.com · 21/09/2026
ACTIVE
MATHIE
Financial year 2025 · closed on 30/09/2025
Net result
11,6 k €
-51.0% YoY
Gross margin
33,9 k €
-28.0% YoY
Equity
138,5 k €
+9.2% YoY
Overview
What does MATHIE do?
MATHIE is a Public limited company incorporated in 1991. Its registered office is in Oudenaarde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0444.956.915
Incorporation
29/08/1991
Legal form
Public limited company
Registered office
Blekerijstraat 37
9700 Oudenaarde · FlandreSee on map
9700 Oudenaarde · FlandreSee on map
Contributed capital
118 988,89 €
Latest accounts
30/09/2025
Joint committees (2)
- 100
- 201
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2009 | 2007 | 2006 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 33,9 k € | -28.0% | 47,1 k € | +271% | 12,7 k € | +48.9% | 8,5 k € | +76.2% | 4,8 k € | -39.4% | 8 k € | -59.7% | 19,8 k € | -27.0% | 27,2 k € | -12.4% | 31 k € | +36.7% | 22,7 k € | -27.2% | 31,2 k € | -52.4% | 65,4 k € | -9.6% | 72,4 k € | -4.2% | 75,5 k € |
| EBITDA | 27,2 k € | -35.7% | 42,3 k € | +371% | 9 k € | +74.9% | 5,1 k € | +236% | 1,5 k € | -67.4% | 4,7 k € | -71.9% | 16,7 k € | -30.6% | 24,1 k € | -12.9% | 27,6 k € | +43.8% | 19,2 k € | -30.7% | 27,7 k € | -49.7% | 55,1 k € | +12.8% | 48,8 k € | -4.4% | 51,1 k € |
| Operating result | 20 k € | -43.3% | 35,3 k € | +3755% | -966,4 € | +83.8% | -6 k € | +43.9% | -10,6 k € | -42.4% | -7,5 k € | -274% | 4,3 k € | -60.8% | 10,9 k € | -24.2% | 14,4 k € | +157% | 5,6 k € | -40.8% | 9,5 k € | -33.7% | 14,3 k € | -36.9% | 22,6 k € | +10.9% | 20,4 k € |
| Net result | 11,6 k € | -51.0% | 23,8 k € | +357% | -9,3 k € | +15.2% | -10,9 k € | +12.4% | -12,5 k € | -37.2% | -9,1 k € | -859% | 1,2 k € | -81.5% | 6,5 k € | -29.6% | 9,2 k € | +463% | 1,6 k € | -75.5% | 6,7 k € | +981% | 617,1 € | -95.0% | 12,4 k € | +33.3% | 9,3 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 138,5 k € | +9.2% | 126,9 k € | +23.1% | 103,1 k € | -8.2% | 112,3 k € | -8.9% | 123,3 k € | -9.2% | 135,7 k € | -6.3% | 144,8 k € | +0.8% | 143,6 k € | +4.7% | 137,1 k € | +7.2% | 127,9 k € | +1.3% | 126,3 k € | -14.7% | 148 k € | +0.4% | 147,4 k € | +9.2% | 135 k € |
| Total assets | 267,8 k € | -3.6% | 277,8 k € | -1.1% | 281 k € | -4.3% | 293,6 k € | +1.7% | 288,7 k € | -6.9% | 310,1 k € | -3.2% | 320,4 k € | -1.1% | 324,1 k € | +1.3% | 320,1 k € | -5.6% | 339,1 k € | +0.9% | 336,1 k € | -14.1% | 391,5 k € | -17.8% | 476,2 k € | -1.3% | 482,7 k € |
| Cash | 73,7 k € | -4.0% | 76,8 k € | +4.6% | 73,4 k € | -6.2% | 78,2 k € | +24.6% | 62,7 k € | -11.9% | 71,2 k € | +4.6% | 68,1 k € | +13.7% | 59,9 k € | +44.9% | 41,3 k € | +48.7% | 27,8 k € | +53.9% | 18 k € | -56.5% | 41,4 k € | -7.9% | 45 k € | +80.9% | 24,9 k € |
| Debts | 120,8 k € | -14.5% | 141,3 k € | -17.4% | 171 k € | -2.6% | 175,6 k € | +7.3% | 163,7 k € | -5.1% | 172,5 k € | -0.5% | 173,4 k € | -2.6% | 177,9 k € | -1.0% | 179,7 k € | -13.3% | 207,1 k € | +1.2% | 204,7 k € | -11.2% | 230,4 k € | -27.5% | 317,9 k € | -5.6% | 336,8 k € |
| Other | |||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | 0,1 ETP | -87.5% | 0,8 ETP | 0.0% | 0,8 ETP | |||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 12 ended
Active mandates
Leone THIERENS
ActivePieter MAES
ActiveEnded mandates
Leone THIERENS
EndedHerman VAN VLIERBERGHE
EndedHerman VAN VLIERBERGHE
EndedMarie-Louise THIERENS
EndedFinancials
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 | 01/10/2024 | 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 | 08/04/2026 | 24/04/2025 | 15/04/2024 | 19/04/2023 | 12/04/2022 | 16/04/2021 |
| General meeting | 28/03/2026 | 29/03/2025 | 30/03/2024 | 25/03/2023 | 26/03/2022 | 27/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 28/03/2026 | 08/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 29/03/2025 | 24/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 30/03/2024 | 15/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 25/03/2023 | 19/04/2023 | Dutch | |
| Micro model | 30/09/2021 | 26/03/2022 | 12/04/2022 | Dutch | |
| Micro model | 30/09/2020 | 27/03/2021 | 16/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 28/03/2020 | 14/04/2020 | Dutch | |
| Micro model | 30/09/2018 | 30/03/2019 | 09/04/2019 | Dutch | |
| Micro model | 30/09/2017 | 31/03/2018 | 13/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 25/03/2017 | 21/04/2017 | Dutch | |
| Abridged model | 30/09/2015 | 26/03/2016 | 30/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 28/03/2015 | 30/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 29/03/2014 | 03/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 30/03/2013 | 02/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 31/03/2012 | 23/04/2012 | Dutch | |
| Abridged model | 30/09/2010 | 26/03/2011 | 15/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 27/03/2010 | 23/04/2010 | Dutch | |
| Abridged model | 31/12/2007 | 28/06/2008 | 17/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 25/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 30/09/2025 · 2 active · 12 ended
Active mandates
Leone THIERENS
ActivePieter MAES
ActiveEnded mandates
Leone THIERENS
EndedHerman VAN VLIERBERGHE
EndedHerman VAN VLIERBERGHE
EndedMarie-Louise THIERENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office04/03/2024MAATSCHAPPELIJKE ZETEL
- Other08/03/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
- Mandates22/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates10/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates31/03/2014ONTSLAGEN - BENOEMINGEN
- Mandates22/11/2010ONTSLAGEN - BENOEMINGEN
- Capital / shares19/12/2008KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates26/05/2005ONTSLAGEN - BENOEMINGEN
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 202511,6 k €↓
- 2024Annual accounts 202423,8 k €↑
- 2023Annual accounts 2023-9,3 k €↑
- 2022Annual accounts 2022-10,9 k €↑
- 2021Annual accounts 2021-12,5 k €↓
- 2020Annual accounts 2020-9,1 k €↓
- 2019Annual accounts 20191,2 k €↓
- 2018Annual accounts 20186,5 k €↓
- 2017Annual accounts 20179,2 k €↑
- 2016Annual accounts 20161,6 k €↓
- 2015Annual accounts 20156,7 k €↑
- 2009Annual accounts 2009617,1 €↓
- 2007Annual accounts 200712,4 k €↑
- 2006Annual accounts 20069,3 k €
- 29/08/1991IncorporationPublic limited company