Active · per the CBE, 29 October 2026

MATHER

BE0419286359

Rechtspersoon Private limited company 1 establishment

MATHER is a repair and maintenance company in Ardooie. Private Limited, started on 1 February 1979, 1 establishment.

Roterijstraat 3, 8850 Ardooie

Behind the company: Olivier Devriese BV.

Active for

47 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Shrinking team NBB

    FTE fell two years in a row, from 6 to 4.9.

Financials

Financial year 2025

MATHER from Ardooie, company number BE0419286359, closed financial year 2025 with a result of € -47,244 after tax. For that financial year MATHER recorded a gross margin of € 303,337 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 687,051 to € -47,244. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.

What it is worth Healthy

€ 2.4 million

▼ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -47,244

▼ still € 687,051 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 651,304

▲ 192% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.3 million.

People and assets in 2025

Full-time equivalents

4.9

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 174,251

▼ 19% vs 2024

€ 35,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 278,462

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 133,368

▼ 43% vs 2024

€ 62,288 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 26,914

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 28,357

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 955,086 € 656,940 € 1,219,188 € 303,337 ▼ 75%
Profit after taxes € 239,973 € 130,765 € 687,051 € -47,244 ▼ € 734,295
Equity € 1,936,305 € 2,067,070 € 2,754,120 € 2,385,734 ▼ 13%
Total debts € 1,182,449 € 669,177 € 340,691 € 285,406 ▼ 16%
Cash € 108,475 € 348,915 € 223,317 € 651,304 ▲ 192%
Land & buildings € 1,868,523 € 1,830,493 € 1,720,078 € 1,686,595 ▼ 2%
Retained profit € 1,674,121 € 1,804,886 € 2,491,936 € 2,348,550 ▼ 6%
Dividend € 0 € 0 € 0 € 96,143
Bank debt € 899,418 € 459,697 € 236,019 € 133,368 ▼ 43%
Balance sheet total € 3,390,220 € 3,023,654 € 3,412,563 € 2,970,333 ▼ 13%
Employees (FTE) 7.6 6 5 4.9 ▼ 0.1

Key figures of MATHER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to MATHER?

What happened at MATHER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 47,244 (▼ € 734,295 vs 2024). Source: NBB ↗
  • Geert Mattan stepped down as director. NBB
  • Olivier Devriese BV became a director. NBB
  • Geert Mattan became a director. NBB
  • New establishment in Ardooie. KBO
  • Start of the company according to the CBE. KBO

In short

From € 239,973 profit in 2022 to € 47,244 loss in 2025.

Paid € 151,345 in corporate taxes since 2022.

Best year ever: 2024, with € 687,051 profit.

On average € 61,900 of value added per employee in 2025.

Management

The stake of Olivier Devriese comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MATHER

Behind MATHER is Olivier Devriese BV. The shares are held by Olivier Devriese (87.4%).

Directors

According to the 2025 annual accounts

Olivier Devriese BV

Director · represented by Devriese Olivier

since 2022

Geert Mattan

Director

Also active at: Grafic'O Sign, Mather Trading

since 2013 · until 2025

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Roterijstraat 3

8850 Ardooie

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0419.286.359
VAT number
BE 0419.286.359
Registered office
Roterijstraat 3, 8850 Ardooie
Names & denominations
MATHER
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 February 1979
Peppol
Active · Active since 23 Dec 2025
Activities · NACE

Reparatie en onderhoud van producten van metaal

Vervaardiging van carrosserieën en aanhangwagens

Verhuur en lease van vrachtwagens

Carrosserieherstelling (inclusief spuiten en verven)

Goederenvervoer over de weg

Groothandel in aanhangwagens, opleggers en caravans

Vervaardiging van aanhangwagens, opleggers en caravans

Vervaardiging van carrosserieën voor motorvoertuigen

+3

Frequently asked questions

What does MATHER do?
MATHER is a repair and maintenance company in Ardooie. Private Limited, started on 1 February 1979, 1 establishment.
What is the address of MATHER?
The registered office of MATHER is located at Roterijstraat 3, 8850 Ardooie.
Is MATHER still active?
Yes. According to the CBE (29 October 2026) MATHER is active, legal situation “Normale toestand”, started on 1 February 1979.
Is MATHER registered on Peppol?
Yes, MATHER is registered on the Peppol network with ID 0208:0419286359.
What is the enterprise number of MATHER?
The enterprise number of MATHER is BE0419286359.
When was MATHER founded?
MATHER was founded on 1 February 1979.