MATHEL
0873.707.011 · rovalta.com · 23/09/2026
ACTIVE
MATHEL
Financial year 2025 · closed on 31/12/2025
Net result
69,5 €
-28.2% YoY
Gross margin
88,4 k €
-1.3% YoY
Equity
392,6 k €
+0.0% YoY
Workforce
0,0 ETP
Overview
What does MATHEL do?
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
8300 Knokke-Heist · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
Signals
ProfitablePositive cashflowPositive EBITDA
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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 | 88,4 k € | -1.3% | 89,6 k € | -0.3% | 89,8 k € | -74.6% | 354,2 k € | +61.5% | 219,3 k € | +156% | 85,7 k € | -61.9% | 224,9 k € | +11.9% | 201,1 k € | -25.4% | 269,6 k € | +4.2% | 258,8 k € | +1314% | -21,3 k € | -125% | 84,5 k € | -56.0% | 192 k € | +6.6% | 180,2 k € | -58.0% | 429,2 k € | -37.8% | 689,5 k € | +102% | 342,1 k € | +541% | -77,5 k € | +31.4% | -112,9 k € | -454% | -20,4 k € |
| EBITDA | 80,3 k € | -1.9% | 81,9 k € | +0.1% | 81,8 k € | -74.2% | 316,6 k € | +53.9% | 205,7 k € | +172% | 75,6 k € | -63.4% | 206,2 k € | +13.1% | 182,3 k € | -0.8% | 183,7 k € | -26.4% | 249,6 k € | +468% | -67,8 k € | -187% | 78,1 k € | -58.2% | 187 k € | +9.5% | 170,7 k € | -60.0% | 427,2 k € | -36.5% | 672,8 k € | +99.8% | 336,8 k € | +464% | -92,6 k € | +18.4% | -113,6 k € | -432% | -21,4 k € |
| Operating result | 35,8 k € | +44.6% | 24,8 k € | +0.2% | 24,7 k € | -89.7% | 239,6 k € | +330% | -104,3 k € | -158% | -40,4 k € | -146% | 87,9 k € | +14.8% | 76,5 k € | +9.8% | 69,7 k € | -49.0% | 136,6 k € | +169% | -198,4 k € | -90.0% | -104,4 k € | -178% | 133,2 k € | -2.4% | 136,6 k € | -54.3% | 299 k € | -44.8% | 542 k € | +78.9% | 302,9 k € | +340% | -126,4 k € | +13.7% | -146,4 k € | -503% | -24,3 k € |
| Net result | 69,5 € | -28.2% | 96,8 € | -97.2% | 3,5 k € | -98.5% | 240,8 k € | +305% | -117,4 k € | -109% | -56,2 k € | -126% | -24,8 k € | -198% | 25,4 k € | +44.8% | 17,5 k € | -84.9% | 116 k € | +148% | -241,3 k € | -113% | -113,3 k € | -205% | 107,6 k € | +82.3% | 59 k € | -65.7% | 172,1 k € | -27.0% | 235,9 k € | +2.7% | 229,8 k € | +214% | -200,8 k € | -35.8% | -147,9 k € | -981% | -13,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 392,6 k € | +0.0% | 392,5 k € | +0.0% | 392,4 k € | +0.9% | 388,9 k € | +163% | 148,1 k € | -44.2% | 265,5 k € | -17.5% | 321,8 k € | -7.2% | 346,6 k € | +7.9% | 321,2 k € | +5.8% | 303,7 k € | +61.8% | 187,7 k € | -56.2% | 428,9 k € | -20.9% | 542,2 k € | +24.8% | 434,6 k € | +15.7% | 375,6 k € | +84.6% | 203,4 k € | +726% | -32,5 k € | +87.6% | -262,3 k € | -326% | -61,5 k € | -171% | 86,3 k € |
| Total assets | 1,3 M € | -3.7% | 1,4 M € | -3.3% | 1,4 M € | -13.0% | 1,6 M € | -43.5% | 2,9 M € | -6.9% | 3,1 M € | -6.1% | 3,3 M € | -24.9% | 4,4 M € | -8.3% | 4,8 M € | +37.3% | 3,5 M € | -14.5% | 4,1 M € | +33.3% | 3,1 M € | +37.3% | 2,2 M € | -42.3% | 3,9 M € | +45.3% | 2,7 M € | +2.9% | 2,6 M € | -52.4% | 5,4 M € | +61.5% | 3,4 M € | +292% | 857,1 k € | +69.3% | 506,2 k € |
| Cash | 37,2 k € | +33.3% | 27,9 k € | +163% | 10,6 k € | -82.7% | 61,3 k € | -27.4% | 84,4 k € | -20.8% | 106,6 k € | -24.2% | 140,6 k € | +26.5% | 111,2 k € | -78.0% | 505,1 k € | +467% | 89 k € | -39.6% | 147,2 k € | +93.3% | 76,2 k € | -52.8% | 161,4 k € | -45.5% | 296,1 k € | +129% | 129,5 k € | +82.2% | 71,1 k € | -93.3% | 1,1 M € | +2221% | 45,7 k € | -25.9% | 61,6 k € | -1.1% | 62,3 k € |
| Debts | 835,4 k € | -6.4% | 892,6 k € | -6.0% | 949,3 k € | -19.0% | 1,2 M € | -56.0% | 2,7 M € | -3.5% | 2,8 M € | -5.0% | 2,9 M € | -26.8% | 4 M € | -9.7% | 4,4 M € | +40.6% | 3,1 M € | -18.6% | 3,8 M € | +48.3% | 2,6 M € | +56.8% | 1,7 M € | -51.4% | 3,4 M € | +49.9% | 2,3 M € | -4.4% | 2,4 M € | -56.6% | 5,5 M € | +50.7% | 3,6 M € | +294% | 918,6 k € | +119% | 419,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 4 ended
Active mandates
Marc Peeters
ActiveActive
Ended mandates
At this address
Other companies at this address
| Company | CBE 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 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/08/2026 | 26/06/2025 | 01/07/2024 | 22/06/2023 | 26/08/2022 | 31/08/2021 |
| General meeting | 15/06/2026 | 15/06/2025 | 15/06/2024 | 15/06/2023 | 06/05/2022 | 07/05/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/06/2026 | 26/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 15/06/2025 | 26/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/06/2024 | 01/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/06/2023 | 22/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 06/05/2022 | 26/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 07/05/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/05/2020 | 06/05/2020 | Dutch | |
| Abridged model | 31/12/2018 | 03/05/2019 | 17/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 04/05/2018 | 15/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 05/05/2017 | 28/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 06/05/2016 | 19/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/05/2015 | 30/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/05/2014 | 27/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 03/05/2013 | 15/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 04/05/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/05/2011 | 26/12/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/05/2010 | 23/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/05/2009 | 28/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/05/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/05/2007 | 20/07/2007 | Dutch |
Valuation
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.
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 31/12/2025 · 2 active · 4 ended
Active mandates
Marc Peeters
ActiveActive
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office24/09/2025MAATSCHAPPELIJKE ZETEL
- Mandates02/03/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office21/05/2015MAATSCHAPPELIJKE ZETEL
- Mandates16/05/2007ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other19/05/2005RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202569,5 €↓
- 2024Annual accounts 202496,8 €↓
- 2023Annual accounts 20233,5 k €↓
- 2022Annual accounts 2022240,8 k €↑
- 2021Annual accounts 2021-117,4 k €↓
- 2020Annual accounts 2020-56,2 k €↓
- 2019Annual accounts 2019-24,8 k €↓
- 2018Annual accounts 201825,4 k €↑
- 2017Annual accounts 201717,5 k €↓
- 2016Annual accounts 2016116 k €↑
- 2015Annual accounts 2015-241,3 k €↓
- 2014Annual accounts 2014-113,3 k €↓
- 2013Annual accounts 2013107,6 k €↑
- 2012Annual accounts 201259 k €↓
- 2011Annual accounts 2011172,1 k €↓
- 2010Annual accounts 2010235,9 k €↑
- 2009Annual accounts 2009229,8 k €↑
- 2008Annual accounts 2008-200,8 k €↓
- 2007Annual accounts 2007-147,9 k €↓
- 2006Annual accounts 2006-13,7 k €
- 10/05/2005IncorporationPrivate limited company