ACTIVE

MATH INVEST

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Financial year 2025 · closed on 31/12/2025

Net result

6 k €

+132.4% YoY

Gross margin

52,6 k €

+107.9% YoY

Equity

267,2 k €

+2.3% YoY

What does MATH INVEST do?

MATH INVEST is a Public limited company incorporated in 1992. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.564.226

Incorporation

30/10/1992

Legal form

Public limited company

Registered office

Rue de Dave(JB) 31 box 5
5100 Namur · WallonieSee on map

Contributed capital

223 104,17 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	52,6 k €	+108%	25,3 k €	-33.3%	37,9 k €	-46.9%	71,3 k €	+40.5%	50,7 k €	+142%	21 k €	-57.6%	49,5 k €	+28.1%	38,6 k €	-26.5%	52,6 k €	-20.4%	66,1 k €	+2.4%	64,5 k €	-50.9%	131,3 k €	+292%	33,5 k €	+121%	15,2 k €	-33.5%	22,8 k €	+78.6%	12,8 k €	+12.8%	11,3 k €	-48.4%	21,9 k €
EBITDA	43,1 k €	+114%	20,1 k €	-35.4%	31,2 k €	-51.7%	64,5 k €	+46.9%	43,9 k €	+188%	15,3 k €	-64.5%	43 k €	+33.9%	32,1 k €	-29.5%	45,6 k €	-23.6%	59,6 k €	+2.9%	57,9 k €	-4.9%	60,9 k €	+215%	19,3 k €	+61.5%	12 k €	-43.5%	21,2 k €	+86.0%	11,4 k €	+14.2%	10 k €	-50.8%	20,3 k €
Operating result	15,8 k €	+285%	-8,5 k €	-310%	4,1 k €	-89.8%	39,6 k €	+109%	19 k €	+296%	-9,7 k €	-153%	18,1 k €	+236%	5,4 k €	-70.3%	18,2 k €	-45.2%	33,1 k €	+0.3%	33 k €	-16.7%	39,7 k €	+384%	8,2 k €	+952%	778,8 €	-90.7%	8,4 k €	+440%	-2,5 k €	+58.7%	-6 k €	-446%	1,7 k €
Net result	6 k €	+132%	-18,5 k €	-173%	-6,8 k €	-139%	17,7 k €	+309%	4,3 k €	+119%	-22,7 k €	-878%	2,9 k €	+132%	-9,1 k €	-260%	5,7 k €	-65.5%	16,6 k €	+9.8%	15,1 k €	-16.2%	18,1 k €	+141%	7,5 k €	-94.1%	125,9 k €	+822%	13,7 k €	+700%	-2,3 k €	-103%	68,9 k €	+7007%	968,8 €
Balance sheet
Equity	267,2 k €	+2.3%	261,2 k €	-6.6%	279,7 k €	+4.6%	267,5 k €	+7.1%	249,9 k €	+1.8%	245,5 k €	-8.5%	268,2 k €	+1.1%	265,3 k €	-3.3%	274,5 k €	+0.4%	273,4 k €	+4.6%	261,5 k €	+4.2%	251 k €	+5.6%	237,6 k €	+1.2%	234,8 k €	+116%	108,9 k €	+13.4%	96 k €	-3.2%	99,2 k €	+227%	30,3 k €
Total assets	776,4 k €	-5.2%	819,4 k €	-2.1%	837,1 k €	-6.5%	895,1 k €	+0.0%	894,8 k €	-1.5%	908,1 k €	-2.6%	932,2 k €	-0.4%	936,2 k €	-1.8%	953,1 k €	-3.7%	989,8 k €	+0.9%	981,4 k €	-0.3%	984,8 k €	+29.6%	759,7 k €	+31.8%	576,6 k €	+92.9%	298,9 k €	+0.2%	298,3 k €	-0.4%	299,5 k €	-10.6%	334,8 k €
Cash	95 k €	-12.1%	108 k €	+17.8%	91,7 k €	+22.6%	74,8 k €	+51.0%	49,5 k €	+5.6%	46,9 k €	+20.8%	38,8 k €	+19.9%	32,4 k €	+31.6%	24,6 k €	-22.8%	31,9 k €	+59.5%	20 k €	+284%	5,2 k €	-87.8%	42,5 k €	-64.0%	118,1 k €	+987%	10,9 k €	+35.9%	8 k €	-61.7%	20,9 k €	+49.0%	14 k €
Debts	509,2 k €	-8.8%	558,2 k €	+0.2%	557,3 k €	-11.2%	627,6 k €	-2.7%	644,9 k €	-2.7%	662,5 k €	-0.2%	664 k €	-1.0%	670,9 k €	-1.2%	678,7 k €	-5.3%	716,4 k €	-0.5%	719,9 k €	-1.9%	733,8 k €	+40.6%	522 k €	+52.8%	341,7 k €	+79.9%	190 k €	-6.1%	202,2 k €	+1.0%	200,3 k €	-33.2%	299,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Patrick Peckel

Director

Active

Ended mandates

Jean Jacques PECKEL

Director · since 20 octobre 1998

Ended

JEAN-JACQUES PECKEL

Director · since 20 octobre 1998

Ended

Patrick PECKEL

Managing director · since 20 octobre 1998

Ended

Jean Jacques Peckel

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Computer Ride● Active	0783.268.268
COMPUTER SOUND● Active	0472.540.448

Annual accounts

Full financial information

	2025	2024	2023	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/08/2026	22/08/2025	29/08/2024	26/07/2021	06/08/2020	31/07/2019
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2021	30/06/2020	30/06/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	04/08/2026	French	PDF
Micro model	31/12/2024	30/06/2025	22/08/2025	French	PDF
Micro model	31/12/2023	30/06/2024	29/08/2024	French	PDF
Micro model	31/12/2020	30/06/2021	26/07/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	06/08/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	31/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	08/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	19/08/2011	French	PDF
Abridged model	31/12/2009	17/06/2010	11/08/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	09/09/2008	French	PDF
Abridged model	31/12/2006	21/06/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 31/12/2025 · 1 active · 5 ended

Active mandates

Patrick Peckel

Director

Active

Ended mandates

Jean Jacques PECKEL

Director · since 20 octobre 1998

Ended

JEAN-JACQUES PECKEL

Director · since 20 octobre 1998

Ended

Patrick PECKEL

Managing director · since 20 octobre 1998

Ended

Jean Jacques Peckel

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office16/09/2016
SIEGE SOCIAL
PDF
Registered office27/12/2010
SIEGE SOCIAL
PDF
Mandates26/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates02/12/2005
DEMISSIONS, NOMINATIONS
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 20256 k €↑
2024
Annual accounts 2024-18,5 k €↓
2023
Annual accounts 2023-6,8 k €↓
2020
Annual accounts 202017,7 k €↑
2019
Annual accounts 20194,3 k €↑
2018
Annual accounts 2018-22,7 k €↓
2017
Annual accounts 20172,9 k €↑
2016
Annual accounts 2016-9,1 k €↓
2015
Annual accounts 20155,7 k €↓
2014
Annual accounts 201416,6 k €↑
2013
Annual accounts 201315,1 k €↓
2012
Annual accounts 201218,1 k €↑
2011
Annual accounts 20117,5 k €↓
2010
Annual accounts 2010125,9 k €↑
2009
Annual accounts 200913,7 k €↑
2008
Annual accounts 2008-2,3 k €↓
2007
Annual accounts 200768,9 k €↑
2006
Annual accounts 2006968,8 €
30/10/1992
IncorporationPublic 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

MATH INVEST

Overview

What does MATH INVEST do?

Trend over 18 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