Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Matim from Aalst, company number BE0423475967, closed financial year 2025 with a result of € -89,354 after tax. For that financial year Matim recorded a gross margin of € 294,732 and equity of € 202,662. Compared with financial year 2024, the result moved from € 6,387 to € -89,354. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 202,662
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,354
▼ still € 6,387 profit in 2024
Profit after tax over the fiscal year.
€ 44,389
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 141,162.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 34,528
€ 34,500 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.
€ 25,072
▲ € 24,547 vs 2024
Of which on lease € 24,625.
Debts at end 2025
€ 2.7 million
▼ 3% vs 2024
€ 126,184 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 136,292
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,126
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 273,634 | € 302,930 | € 348,966 | € 294,732 | ▼ 16% |
| Profit after taxes | € 162,610 | € 160,169 | € 6,387 | € -89,354 | ▼ € 95,740 |
| Equity | € 275,460 | € 285,629 | € 292,016 | € 202,662 | ▼ 31% |
| Total debts | € 341,473 | € 1,707,308 | € 4,188,883 | € 4,322,504 | ▲ 3% |
| Cash | € 48,232 | € 222,891 | € 28,951 | € 44,389 | ▲ 53% |
| Land & buildings | € 223,193 | € 1,435,054 | € 4,058,213 | € 4,050,889 | |
| Retained profit | € 213,960 | € 224,129 | € 230,516 | € 141,162 | ▼ 39% |
| Dividend | € 150,000 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 136,289 | € 123,358 | € 2,740,782 | € 2,656,219 | ▼ 3% |
| Balance sheet total | € 616,933 | € 1,992,937 | € 4,480,898 | € 4,525,166 | ▲ 1% |
| Employees (FTE) | - | - | 0 | 1 |
Key figures of Matim, 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 Matim?
What happened at Matim in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphanie Mathias stepped down as director. NBB
- Kathleen De Pauw stepped down as director. NBB
- MDP HOLDING BV stepped down as director. NBB
- Akimallo BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 89,354 (▼ € 95,740 vs 2024). Source: NBB ↗
- Stéphanie Mathias became a director. NBB
- Kathleen De Pauw became a director. NBB
- Akimallo BV became a director. NBB
In short
From € 162,610 profit in 2022 to € 89,354 loss in 2025.
Paid € 11,091 in corporate taxes since 2022.
Best year ever: 2022, with € 162,610 profit.
On average € 294,700 of value added per employee in 2025.
Management
The stake of MDP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MatimThe shares are held by MDP HOLDING (100%).
Directors
According to the 2025 annual accounts
Stéphanie Mathias
Director
Also active at: VANHOVE, TRAGELSPORT, Immo MDP, MDP HOLDING, Baumat, Stéphanie Mathias
since 2026 · until 2029
Kathleen De Pauw
Director
Also active at: VANHOVE, TRAGELSPORT, Immo MDP, PAUWENHOF, MDP HOLDING, PAUWENBOS
since 2023 · until 2029
Managing director · represented by Mathias Jacques
Also active at: SCHELLAERT, VANHOVE, TRAGELSPORT, Immo MDP, ORSI Services, NEWTOWN TRAGEL, INTRENTO, Curlok
since 2013 · until 2029
Director · represented by Hofman Marc
Also active at: VANHOVE, TRAGELSPORT, Immo MDP, MDP HOLDING, Arvesta, NEWTOWN TRAGEL
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Capucienenlaan 89
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0423.475.967
- VAT number
- BE 0423.475.967
- Registered office
- Capucienenlaan 89, 9300 Aalst
- Names & denominations
- Matim
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1982
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
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