ACTIVE

MATH COMPUTERS

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

11,2 k €

+124.7% YoY

Gross margin

27,0 k €

+103.8% YoY

Equity

101,2 k €

+12.4% YoY

What does MATH COMPUTERS do?

MATH COMPUTERS is a Private limited company incorporated in 2005. Its registered office is in Herk-de-Stad.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.633.477

Incorporation

21/03/2005

Legal form

Private limited company

Registered office

Grote Baan 33
3540 Herk-de-Stad · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

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	27,0 k €	+104%	13,3 k €	-28.9%	18,7 k €	-78.3%	85,8 k €	+15.3%	74,5 k €	+33.2%	55,9 k €	-33.6%	84,2 k €	-18.9%	103,9 k €	+3.6%	100,2 k €	-6.4%	107,0 k €	-8.9%	117,5 k €	+111%	55,7 k €	-39.6%	92,2 k €	-63.5%	252,5 k €	+203%	83,3 k €	-24.7%	110,6 k €	-11.1%	124,5 k €	+9898%	-1,3 k €	-102%	69,6 k €	+59.7%	43,5 k €
EBITDA	24,1 k €	+169%	-34,7 k €	-48.1%	-23,4 k €	-149%	47,6 k €	+39.6%	34,1 k €	+3.0%	33,1 k €	+50.9%	21,9 k €	+17.9%	18,6 k €	+26.3%	14,7 k €	+4.9%	14,1 k €	-77.7%	63,0 k €	+565%	-13,6 k €	-153%	25,7 k €	-86.8%	195,5 k €	+1524%	-13,7 k €	-123%	59,0 k €	-37.6%	94,6 k €	+379%	-33,9 k €	-198%	34,7 k €	+11.2%	31,2 k €
Operating result	22,9 k €	+164%	-35,9 k €	-40.6%	-25,6 k €	-190%	28,5 k €	+3.1%	27,7 k €	+5.0%	26,3 k €	+85.7%	14,2 k €	+21.6%	11,7 k €	+10.5%	10,5 k €	+5.4%	10,0 k €	-79.3%	48,3 k €	+248%	-32,7 k €	-752%	5,0 k €	-97.2%	180,6 k €	+638%	-33,6 k €	-181%	41,2 k €	-46.5%	77,1 k €	+234%	-57,5 k €	-441%	16,9 k €	+46.0%	11,5 k €
Net result	11,2 k €	+125%	-45,2 k €	-34.8%	-33,6 k €	-263%	20,6 k €	-16.5%	24,7 k €	+16.1%	21,3 k €	+1331%	1,5 k €	+58.0%	941,1 €	-89.8%	9,2 k €	-51.0%	18,9 k €	-13.6%	21,9 k €	+168%	-32,3 k €	-1191%	3,0 k €	-97.2%	106,6 k €	+222%	-87,2 k €	-545%	19,6 k €	-66.0%	57,5 k €	+196%	-60,2 k €	-434%	18,1 k €	+192%	6,2 k €
Balance sheet
Equity	101,2 k €	+12.4%	90,1 k €	-33.4%	135,3 k €	-19.9%	168,9 k €	+13.9%	148,2 k €	+20.0%	123,5 k €	+20.8%	102,2 k €	+1.5%	100,8 k €	+0.9%	99,8 k €	+10.2%	90,6 k €	+26.3%	71,7 k €	+43.8%	49,8 k €	-39.3%	82,1 k €	+3.7%	79,1 k €	+388%	-27,4 k €	-146%	59,7 k €	+48.7%	40,2 k €	+270%	-23,6 k €	-164%	36,6 k €	+97.1%	18,6 k €
Total assets	327,0 k €	+11.8%	292,4 k €	-21.6%	372,9 k €	-13.6%	431,5 k €	+15.8%	372,5 k €	-1.5%	378,3 k €	+7.8%	351,0 k €	-5.7%	372,0 k €	-1.6%	378,1 k €	-2.5%	387,7 k €	+4.1%	372,3 k €	+11.9%	332,7 k €	-8.3%	362,8 k €	-13.8%	420,7 k €	+73.9%	242,0 k €	-30.1%	345,9 k €	+18.2%	292,8 k €	+13.7%	257,5 k €	+94.8%	132,2 k €	+36.6%	96,7 k €
Cash	42,8 k €	+772%	4,9 k €	-65.2%	14,1 k €	+276%	3,8 k €	+6.3%	3,5 k €	-88.7%	31,3 k €	-5.0%	32,9 k €	-35.0%	50,6 k €	+293%	12,9 k €	-59.8%	32,1 k €	-40.1%	53,5 k €	-21.4%	68,0 k €	+170%	25,2 k €	-81.7%	137,3 k €	+207%	44,8 k €	+69.4%	26,4 k €	-66.3%	78,6 k €	+30.6%	60,2 k €	+195%	20,4 k €	-48.2%	39,4 k €
Debts	225,8 k €	+33.8%	168,8 k €	-28.6%	236,4 k €	-10.0%	262,6 k €	+17.1%	224,2 k €	-12.0%	254,8 k €	+3.0%	247,5 k €	-8.4%	270,2 k €	-2.2%	276,2 k €	-6.6%	295,9 k €	-1.3%	299,8 k €	+6.1%	282,6 k €	+0.8%	280,4 k €	-17.9%	341,6 k €	+26.8%	269,4 k €	-5.9%	286,2 k €	+13.3%	252,6 k €	-7.8%	274,0 k €	+210%	88,4 k €	+32.2%	66,9 k €
Other
Workforce	–		–		–		–		–		–		2,0 ETP	-28.6%	2,8 ETP	+21.7%	2,3 ETP	-8.0%	2,5 ETP	-28.6%	3,5 ETP	+75.0%	2,0 ETP	0.0%	2,0 ETP	-42.9%	3,5 ETP	-5.4%	3,7 ETP	+37.0%	2,7 ETP	+17.4%	2,3 ETP	-14.8%	2,7 ETP	+35.0%	2,0 ETP	+186%	0,7 ETP

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 30/09/2025 · 1 active · 3 ended

Active mandates

Davy Mathues

Manager · since 11 mars 2005

Active

Ended mandates

Davy Mathues

Administrator - manager · since 11 mars 2005

Ended

Davy Mathues

Mandate

Ended

Davy Mathues

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Poly V Construct● Active	0822.731.234

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged 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	28/04/2026	24/04/2025	29/04/2024	24/04/2023	02/05/2022	31/05/2021
General meeting	15/03/2026	15/03/2025	15/03/2024	15/03/2023	15/03/2022	15/03/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	15/03/2026	28/04/2026	Dutch	PDF
Micro model	30/09/2024	15/03/2025	24/04/2025	Dutch	PDF
Micro model	30/09/2023	15/03/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	15/03/2023	24/04/2023	Dutch	PDF
Micro model	30/09/2021	15/03/2022	02/05/2022	Dutch	PDF
Micro model	30/09/2020	15/03/2021	31/05/2021	Dutch	PDF
Abridged model	30/09/2019	15/03/2020	31/03/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	15/03/2018	08/05/2018	Dutch	PDF
Abridged model	30/09/2016	15/03/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	15/03/2016	17/03/2016	Dutch	PDF
Abridged model	30/09/2014	15/03/2015	20/03/2015	Dutch	PDF
Abridged model	30/09/2013	04/04/2014	22/04/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	10/04/2013	Dutch	PDF
Abridged model	30/09/2011	15/03/2012	07/05/2012	Dutch	PDF
Abridged model	30/09/2010	15/03/2011	20/06/2011	Dutch	PDF
Abridged model	30/09/2009	15/03/2010	05/05/2010	Dutch	PDF
Abridged model	30/09/2008	16/03/2009	25/05/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	15/03/2007	30/04/2007	Dutch	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 30/09/2025 · 1 active · 3 ended

Active mandates

Davy Mathues

Manager · since 11 mars 2005

Active

Ended mandates

Davy Mathues

Administrator - manager · since 11 mars 2005

Ended

Davy Mathues

Mandate

Ended

Davy Mathues

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/01/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other31/03/2005
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

2025
Annual accounts 202511,2 k €↑
2024
Annual accounts 2024-45,2 k €↓
2023
Annual accounts 2023-33,6 k €↓
2022
Annual accounts 202220,6 k €↓
2021
Annual accounts 202124,7 k €↑
2020
Annual accounts 202021,3 k €↑
2019
Annual accounts 20191,5 k €↑
2018
Annual accounts 2018941,1 €↓
2017
Annual accounts 20179,2 k €↓
2016
Annual accounts 201618,9 k €↓
2015
Annual accounts 201521,9 k €↑
2014
Annual accounts 2014-32,3 k €↓
2013
Annual accounts 20133,0 k €↓
2012
Annual accounts 2012106,6 k €↑
2011
Annual accounts 2011-87,2 k €↓
2010
Annual accounts 201019,6 k €↓
2009
Annual accounts 200957,5 k €↑
2008
Annual accounts 2008-60,2 k €↓
2007
Annual accounts 200718,1 k €↑
2006
Annual accounts 20066,2 k €
21/03/2005
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

MATH COMPUTERS

Overview

What does MATH COMPUTERS do?

Trend over 20 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