Active · per the CBE, 29 October 2026

MATTHYS

BE0428216594

Rechtspersoon Public limited company 1 establishment

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

Leemputstraat 75, 8792 Waregem

Active for

40 year, 10 months

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

€ 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

€ 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)
2022202320242025Change 2024 → 2025
Revenue € 17,877,839 € 23,135,846 € 13,406,153 € 19,145,079 ▲ 43%
Profit after taxes € 941,175 € 989,339 € 557,561 € 989,279 ▲ 77%
Equity € 4,223,928 € 4,878,607 € 5,271,168 € 5,947,591 ▲ 13%
Total debts € 9,973,655 € 13,321,403 € 14,227,845 € 13,920,037 ▼ 2%
Cash € 4,132,995 € 1,392,278 € 1,992,620 € 1,624,265 ▼ 18%
Land & buildings € 1,525,596 € 4,446,243 € 5,067,239 € 5,014,419 ▼ 1%
Retained profit € 3,611,680 € 4,301,019 € 4,693,580 € 5,382,860 ▲ 15%
Dividend € 307,000 € 300,000 € 165,000 € 300,000 ▲ 82%
Bank debt € 634,811 € 1,670,042 € 1,425,542 € 1,181,042 ▼ 17%
Balance sheet total € 14,358,484 € 18,408,233 € 19,619,668 € 20,039,933 ▲ 2%
Employees (FTE) 34.2 39.6 35.6 34.2 ▼ 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:

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

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 →

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

Frequently asked questions

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.