Financials
Financial year 2025
PELL-MATH from Houthalen-Helchteren, company number BE0427083575, closed financial year 2025 with a result of € 14,651 after tax. For that financial year PELL-MATH recorded a gross margin of € 35,664 and equity of € 242,742. Compared with financial year 2024, the result moved from € 18,966 to € 14,651. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 242,742
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,651
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 217,888
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 24,142.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 66
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 727
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,475
▲ 101% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,978 | € -6,401 | € 28,148 | € 35,664 | ▲ 27% |
| Profit after taxes | € -97 | € -18,284 | € 18,966 | € 14,651 | ▼ 23% |
| Equity | € 227,409 | € 209,125 | € 228,091 | € 242,742 | ▲ 6% |
| Total debts | € 9,312 | € 2,773 | € 6,903 | € 13,203 | ▲ 91% |
| Cash | € 166,293 | € 172,227 | € 200,958 | € 217,888 | ▲ 8% |
| Retained profit | € 8,809 | € -9,475 | € 9,491 | € 24,142 | ▲ 154% |
| Bank debt | € 1,818 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 236,721 | € 211,897 | € 234,994 | € 255,945 | ▲ 9% |
Key figures of PELL-MATH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PELL-MATH?
What happened at PELL-MATH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,651 (▼ 23% vs 2024). filed late Source: NBB ↗
- Mathieu Pellens became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 97 loss in 2022 to € 14,651 profit in 2025.
Paid € 7,777 in corporate taxes since 2022.
Best year ever: 2024, with € 18,966 profit.
Management
Behind PELL-MATH is Mathieu Pellens.
Directors
According to the 2025 annual accounts
Mathieu Pellens
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Eikelbosstraat 111
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.083.575
- VAT number
- BE 0427.083.575
- Registered office
- Eikelbosstraat 111, 3530 Houthalen-Helchteren
- Names & denominations
- PELL-MATH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1985
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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