ACTIVE

MATH ICE INVEST

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Financial year 2025 · closed on 31/12/2025
Net result
797,1 k €
+4.9% YoY
Gross margin
378 k €
+17.4% YoY
Equity
2,2 M €
+55.3% YoY

What does MATH ICE INVEST do?

MATH ICE INVEST is a Private limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0685.726.949
Incorporation
07/12/2017
Legal form
Private limited company
Registered office
Krakkedreef 20
9880 Aalter · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin378 k €322,1 k €132,5 k €91,5 k €76 k €71,8 k €100 k €118,4 k €
EBITDA374,9 k €318 k €127,2 k €72,3 k €73,6 k €68,6 k €94,1 k €109,9 k €
Operating result374 k €317,7 k €126,9 k €72 k €73,6 k €68,6 k €94,1 k €109,9 k €
Net result797,1 k €760,1 k €46,5 k €24,8 k €365,9 k €42,3 k €60,7 k €66,4 k €
Balance sheet
Equity2,2 M €1,4 M €681,6 k €635,1 k €610,2 k €244,4 k €202,1 k €141,4 k €
Total assets13,9 M €14,1 M €13,9 M €1,5 M €1 M €717,6 k €738,6 k €770,3 k €
Cash77,6 k €267,1 k €94 k €11,8 k €415,9 k €1,8 k €726 €11,5 k €
Debts11,6 M €12,7 M €13,2 M €892,5 k €437 k €473,2 k €536,5 k €628,9 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 · 4 ended

Active mandates

Mathieu Verdun

Director · since 07 décembre 2017

Active

Ended mandates

Martine Hoeck

Director · since 25 février 2022 · until 02 septembre 2024

Ended
Martine Hoeck

Director · since 25 février 2022

Ended
Mathieu Verdun

Director · since 06 décembre 2017

Ended
Mathieu Verdun

Manager · since 06 décembre 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202624/07/202521/06/202423/06/202324/08/202224/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202629/06/2026DutchPDF
Abridged model31/12/202420/06/202524/07/2025DutchPDF
Abridged model31/12/202321/06/202421/06/2024DutchPDF
Micro model31/12/202216/06/202323/06/2023DutchPDF
Abridged model31/12/202117/06/202224/08/2022DutchPDF
Abridged model31/12/202018/06/202124/08/2021DutchPDF
Abridged model31/12/201919/06/202030/06/2020DutchPDF
Abridged model31/12/201821/06/201929/08/2019DutchPDF
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 · 4 ended

Active mandates

Mathieu Verdun

Director · since 07 décembre 2017

Active

Ended mandates

Martine Hoeck

Director · since 25 février 2022 · until 02 septembre 2024

Ended
Martine Hoeck

Director · since 25 février 2022

Ended
Mathieu Verdun

Director · since 06 décembre 2017

Ended
Mathieu Verdun

Manager · since 06 décembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/12/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025797,1 k €↑
  2. 2024
    Annual accounts 2024760,1 k €↑
  3. 2023
    Annual accounts 202346,5 k €↑
  4. 2022
    Annual accounts 202224,8 k €↓
  5. 2021
    Annual accounts 2021365,9 k €↑
  6. 2020
    Annual accounts 202042,3 k €↓
  7. 2019
    Annual accounts 201960,7 k €↓
  8. 2018
    Annual accounts 201866,4 k €
  9. 07/12/2017
    IncorporationPrivate limited company