ACTIVE

MATHEL

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Financial year 2025 · Closed on 31/12/2025

Net result69,5 €-28,2 %over 1 year
Gross margin88,4 k €-1,3 %over 1 year
Equity392,6 k €+0,0 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MATHEL is a Private limited company incorporated in 2005. Its main activity is: Development of building projects. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0873.707.011
Incorporation
10/05/2005
Legal form
Private limited company
Registered office
Duinenwater 4
8300 Knokke-Heist · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin88,4 k €89,6 k €89,8 k €354,2 k €219,3 k €
EBITDA80,3 k €81,9 k €81,8 k €316,6 k €205,7 k €
Operating result35,8 k €24,8 k €24,7 k €239,6 k €-104,3 k €
Net result69,5 €96,8 €3,5 k €240,8 k €-117,4 k €
Balance sheet
Equity392,6 k €392,5 k €392,4 k €388,9 k €148,1 k €
Total assets1,3 M €1,4 M €1,4 M €1,6 M €2,9 M €
Cash37,2 k €27,9 k €10,6 k €61,3 k €84,4 k €
Debts835,4 k €892,6 k €949,3 k €1,2 M €2,7 M €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marc Peeters
Directorsince 29/04/2005Manager29/04/2005 → 2022 accountsendedMandate2024 accountsended
MATHEL GROUP0832.820.026
DirectorMandate2024 accountsended

Other companies at this address

Duinenwater 4 8300 Knokke-Heist
CompanyCBE no.
Dipinvest● Active
0453.977.519
LEBBINK NEUROLOGIE● Active
0740.988.839
MATHEL GROUP● Active
0832.820.026
Mathelinvest● Active
0448.818.109
SIGNUS● Active
0426.693.892
TG ZWEMBAD MANAGEMENT & SERVICE● Active
1042.249.360
V-CONCEPT● Active
0681.651.365

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date26/08/202626/06/202501/07/202422/06/202326/08/202231/08/2021
General meeting15/06/202615/06/202515/06/202415/06/202306/05/202207/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202626/08/2026DutchPDF
Abridged model31/12/202415/06/202526/06/2025DutchPDF
Abridged model31/12/202315/06/202401/07/2024DutchPDF
Abridged model31/12/202215/06/202322/06/2023DutchPDF
Abridged model31/12/202106/05/202226/08/2022DutchPDF
Abridged model31/12/202007/05/202131/08/2021DutchPDF
Abridged model31/12/201902/05/202006/05/2020DutchPDF
Abridged model31/12/201803/05/201917/06/2019DutchPDF
Abridged model31/12/201704/05/201815/06/2018DutchPDF
Abridged model31/12/201605/05/201728/08/2017DutchPDF
Abridged model31/12/201506/05/201619/07/2016DutchPDF
Abridged model31/12/201402/05/201530/06/2015DutchPDF
Abridged model31/12/201302/05/201427/06/2014DutchPDF
Abridged model31/12/201203/05/201315/07/2013DutchPDF
Abridged model31/12/201104/05/201230/08/2012DutchPDF
Abridged model31/12/201006/05/201126/12/2011DutchPDF
Abridged model31/12/200907/05/201023/07/2010DutchPDF
Abridged model31/12/200802/05/200928/08/2009DutchPDF
Abridged model31/12/200702/05/200829/08/2008DutchPDF
Abridged model31/12/200604/05/200720/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marc Peeters
Directorsince 29/04/2005Manager29/04/2005 → 2022 accountsendedMandate2024 accountsended
MATHEL GROUP0832.820.026
DirectorMandate2024 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office24/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/05/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/05/2007
    ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/05/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
MATHEL GROUP
Marc Peeters
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MATHEL
Lippenslaan 26 bte 1, 8300 Knokke-HeistLippenslaan 26/1, 8300 Knokke-Heist
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Duinenwater 4, 8300 Knokke-HeistCurrent
CBE
Duinenwater 4.95, 8300 Knokke-Heist
accounts 2025
Accounts 2025 · 2026-00426300
Lippenslaan 26 bte 1, 8300 Knokke-Heist
accounts 2023 → 2024
Accounts 2024 · 2025-00192395
Lippenslaan 26/1, 8300 Knokke-Heist
accounts 2021 → 2022
Accounts 2022 · 2023-00146176

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MATHELCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00426300

Events

  1. 2025
    Annual accounts 202569,5 €↓
  2. 2024
    Annual accounts 202496,8 €↓
  3. 2023
    Annual accounts 20233,5 k €↓
  4. 2022
    Annual accounts 2022240,8 k €↑
  5. 2021
    Annual accounts 2021-117,4 k €↓
  6. 2020
    Annual accounts 2020-56,2 k €↓
  7. 2019
    Annual accounts 2019-24,8 k €↓
  8. 2018
    Annual accounts 201825,4 k €↑
  9. 2017
    Annual accounts 201717,5 k €↓
  10. 2016
    Annual accounts 2016116 k €↑
  11. 2015
    Annual accounts 2015-241,3 k €↓
  12. 2014
    Annual accounts 2014-113,3 k €↓
  13. 2013
    Annual accounts 2013107,6 k €↑
  14. 2012
    Annual accounts 201259 k €↓
  15. 2011
    Annual accounts 2011172,1 k €↓
  16. 2010
    Annual accounts 2010235,9 k €↑
  17. 2009
    Annual accounts 2009229,8 k €↑
  18. 2008
    Annual accounts 2008-200,8 k €↓
  19. 2007
    Annual accounts 2007-147,9 k €↓
  20. 2006
    Annual accounts 2006-13,7 k €
  21. 10/05/2005
    IncorporationPrivate limited company