What does MATTHYS do?

MATTHYS is a machinery manufacturer in Waregem. Public Limited, started on 24 December 1985, 1 establishment.

What is the address of MATTHYS?

The registered office of MATTHYS is located at Leemputstraat 75, 8792 Waregem.

Is MATTHYS still active?

Yes. According to the CBE (29 October 2026) MATTHYS is active, legal situation “Normale toestand”, started on 24 December 1985.

Is MATTHYS registered on Peppol?

Yes, MATTHYS is registered on the Peppol network with ID 0208:0428216594.

What is the enterprise number of MATTHYS?

The enterprise number of MATTHYS is BE0428216594.

When was MATTHYS founded?

MATTHYS was founded on 24 December 1985.

Who are the directors of MATTHYS?

According to the 2025 annual accounts, the directors of MATTHYS are: MWM BV, JME Solutions BV, Bloom Management BV, Paul Tack, Valmaco BV, Mylène Lombaert.

Is MATTHYS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 December 1985; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did MATTHYS make in 2025?

MATTHYS posted a profit after taxes of € 989,279 in financial year 2025.

What is the revenue of MATTHYS?

In its most recent annual accounts (2025), MATTHYS reported revenue of € 19,145,079.

How much does an employee at MATTHYS earn?

The average wage cost per full-time employee at MATTHYS was € 82,300 in 2025: staff costs of € 2.8 million for 34.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MATTHYS have?

According to the 2025 annual accounts, MATTHYS has 34.2 full-time equivalents (FTE).

MATTHYS (Public Limited) - Waregem - BE0428216594

Dossier MATTHYS, printed on 29 October 2026 from databakkes.be/en/0428216594/matthys. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 39.6 to 34.2.

Financials

Financial year 2025

MATTHYS from Waregem, company number BE0428216594, closed financial year 2025 with a result of € 989,279 after tax. For that financial year MATTHYS recorded revenue of € 19.1 million and equity of € 5.9 million. Compared with financial year 2024, the result moved from € 557,561 to € 989,279. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Growing

€ 5.9 million

▲ 13% vs 2024

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

Profit Growing

€ 989,279

▲ 77% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.6 million

▼ 18% vs 2024

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

Where the profit goes Pays out

€ 300,000 paid out

30 % of the profit went to the shareholders, mostly to MWM (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

34.2

▼ 1.4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.8 million

▲ 3% vs 2024

€ 82,300 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

€ 404,197

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▼ 17% vs 2024

€ 244,500 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 4.9 million

▲ 95% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.

Taxes and wages

€ 430,666

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 17,877,839 Revenue 2022: € 17,877,839 First fiscal year in the series	€ 23,135,846 Revenue 2023: € 23,135,846 ▲ 29% vs 2022 (€ 17,877,839) Favourable step	€ 13,406,153 Revenue 2024: € 13,406,153 ▼ 42% vs 2023 (€ 23,135,846) Unfavourable step	€ 19,145,079 Revenue 2025: € 19,145,079 ▲ 43% vs 2024 (€ 13,406,153) Favourable step	▲ 43%
Profit after taxes	€ 941,175 Profit after taxes 2022: € 941,175 First fiscal year in the series	€ 989,339 Profit after taxes 2023: € 989,339 ▲ 5% vs 2022 (€ 941,175) Favourable step	€ 557,561 Profit after taxes 2024: € 557,561 ▼ 44% vs 2023 (€ 989,339) Unfavourable step	€ 989,279 Profit after taxes 2025: € 989,279 ▲ 77% vs 2024 (€ 557,561) Favourable step	▲ 77%
Equity	€ 4,223,928 Equity 2022: € 4,223,928 First fiscal year in the series	€ 4,878,607 Equity 2023: € 4,878,607 ▲ 15% vs 2022 (€ 4,223,928) Favourable step	€ 5,271,168 Equity 2024: € 5,271,168 ▲ 8% vs 2023 (€ 4,878,607) Favourable step	€ 5,947,591 Equity 2025: € 5,947,591 ▲ 13% vs 2024 (€ 5,271,168) Favourable step	▲ 13%
Total debts	€ 9,973,655 Total debts 2022: € 9,973,655 First fiscal year in the series	€ 13,321,403 Total debts 2023: € 13,321,403 ▲ 34% vs 2022 (€ 9,973,655) Unfavourable step	€ 14,227,845 Total debts 2024: € 14,227,845 ▲ 7% vs 2023 (€ 13,321,403) Unfavourable step	€ 13,920,037 Total debts 2025: € 13,920,037 ▼ 2% vs 2024 (€ 14,227,845) Favourable step	▼ 2%
Cash	€ 4,132,995 Cash 2022: € 4,132,995 First fiscal year in the series	€ 1,392,278 Cash 2023: € 1,392,278 ▼ 66% vs 2022 (€ 4,132,995) Unfavourable step	€ 1,992,620 Cash 2024: € 1,992,620 ▲ 43% vs 2023 (€ 1,392,278) Favourable step	€ 1,624,265 Cash 2025: € 1,624,265 ▼ 18% vs 2024 (€ 1,992,620) Unfavourable step	▼ 18%
Land & buildings	€ 1,525,596 Land & buildings 2022: € 1,525,596 First fiscal year in the series	€ 4,446,243 Land & buildings 2023: € 4,446,243 ▲ 191% vs 2022 (€ 1,525,596) Unchanged	€ 5,067,239 Land & buildings 2024: € 5,067,239 ▲ 14% vs 2023 (€ 4,446,243) Unchanged	€ 5,014,419 Land & buildings 2025: € 5,014,419 ▼ 1% vs 2024 (€ 5,067,239) Unchanged	▼ 1%
Retained profit	€ 3,611,680 Retained profit 2022: € 3,611,680 First fiscal year in the series	€ 4,301,019 Retained profit 2023: € 4,301,019 ▲ 19% vs 2022 (€ 3,611,680) Favourable step	€ 4,693,580 Retained profit 2024: € 4,693,580 ▲ 9% vs 2023 (€ 4,301,019) Favourable step	€ 5,382,860 Retained profit 2025: € 5,382,860 ▲ 15% vs 2024 (€ 4,693,580) Favourable step	▲ 15%
Dividend	€ 307,000 Dividend 2022: € 307,000 First fiscal year in the series	€ 300,000 Dividend 2023: € 300,000 ▼ 2% vs 2022 (€ 307,000) Unchanged	€ 165,000 Dividend 2024: € 165,000 ▼ 45% vs 2023 (€ 300,000) Unchanged	€ 300,000 Dividend 2025: € 300,000 ▲ 82% vs 2024 (€ 165,000) Unchanged	▲ 82%
Bank debt	€ 634,811 Bank debt 2022: € 634,811 First fiscal year in the series	€ 1,670,042 Bank debt 2023: € 1,670,042 ▲ 163% vs 2022 (€ 634,811) Unfavourable step	€ 1,425,542 Bank debt 2024: € 1,425,542 ▼ 15% vs 2023 (€ 1,670,042) Favourable step	€ 1,181,042 Bank debt 2025: € 1,181,042 ▼ 17% vs 2024 (€ 1,425,542) Favourable step	▼ 17%
Balance sheet total	€ 14,358,484 Balance sheet total 2022: € 14,358,484 First fiscal year in the series	€ 18,408,233 Balance sheet total 2023: € 18,408,233 ▲ 28% vs 2022 (€ 14,358,484) Unchanged	€ 19,619,668 Balance sheet total 2024: € 19,619,668 ▲ 7% vs 2023 (€ 18,408,233) Unchanged	€ 20,039,933 Balance sheet total 2025: € 20,039,933 ▲ 2% vs 2024 (€ 19,619,668) Unchanged	▲ 2%
Employees (FTE)	34.2 Employees (FTE) 2022: 34.2 First fiscal year in the series	39.6 Employees (FTE) 2023: 39.6 ▲ 5.4 vs 2022 (34.2) Unchanged	35.6 Employees (FTE) 2024: 35.6 ▼ 4 vs 2023 (39.6) Unchanged	34.2 Employees (FTE) 2025: 34.2 ▼ 1.4 vs 2024 (35.6) Unchanged	▼ 1.4

Key figures of MATTHYS, 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 MATTHYS?

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

2027 MWM BV stepped down as director. NBB
2027 JME Solutions BV stepped down as director. NBB
2027 Bloom Management BV stepped down as director. NBB
2027 Paul Tack stepped down as director. NBB
2027 Valmaco BV stepped down as director. NBB
2027 Mylène Lombaert stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 989,279 (▲ 77% vs 2024). Source: NBB ↗
2025 JME Solutions BV became a director. NBB

In short

From € 941,175 profit in 2022 to € 989,279 profit in 2025.

Paid € 835,604 in corporate taxes since 2022.

Best year ever: 2023, with € 989,339 profit.

Paid out € 1.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MWM 100%

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

MATTHYS

The shares are held by MWM (100%).

Directors

According to the 2025 annual accounts

MWM BV

Managing director · represented by Wim Matthys

Also active at: Motiv, MGC Subcontracting, IMVANTEX, SHAPES METALPROJECTS, SHAPES IMMO

since 2021 · until 2027

JME Solutions BV

Managing director · represented by Justin Matthys

Also active at: Motiv, MGC Subcontracting

since 2025 · until 2027

Bloom Management BV

Managing director · represented by Charlotte Matthys

Also active at: Motiv, MGC Subcontracting

since 2025 · until 2027

Paul Tack

Director

since 2021 · until 2027

Valmaco BV

Managing director · represented by Valérie Matthys

Also active at: Motiv, MGC Subcontracting

since 2025 · until 2027

Mylène Lombaert

Director

Also active at: IMVANTEX, DE BELEYR-ENGINEERING, DEVUMAT

since 2021 · until 2027

Shareholders

MWM

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Leemputstraat 75

8792 Waregem

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 →

Matthys Group

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

Details

Company number

0428.216.594

VAT number

BE 0428.216.594

Registered office

Leemputstraat 75, 8792 Waregem

Names & denominations

MATTHYS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 December 1985

Peppol

Active · Active since 23 Apr 2025

Activities · NACE

Vervaardiging van machines voor de productie van textiel, kleding en leer

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Vervaardiging van metalen constructiewerken en delen daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

MATTHYS

Warning lights

Financials

What happened to MATTHYS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions