Active · per the CBE, 30 October 2026
MATHY-BY-BOLS logo

MATHY-BY-BOLS

BE0431559433

Rechtspersoon Public limited company 1 establishment

MATHY-BY-BOLS is a water company in Couvin. Public Limited, started on 16 July 1987, 1 establishment.

Chaussée de Roly, Mar. 26, 5660 Couvin mathy-by-bols.be

Behind the company: JEAN-MARIE BOLS, ARNAUD BOLS.

Active for

39 year, 3 months

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 29.2 to 16.7.

Financials

Financial year 2025

MATHY-BY-BOLS from Couvin, company number BE0431559433, closed financial year 2025 with a result of € -122,928 after tax. For that financial year MATHY-BY-BOLS recorded a gross margin of € 542,656 and equity of € 721,518. Compared with financial year 2024, the result moved from € -289,022 to € -122,928. 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 July 31, 2026.

What it is worth Healthy

€ 721,518

▼ 16% vs 2024

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

Loss Caution

€ -122,928

▲ 57 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,282

▼ 97% 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 € 437,424.

People and assets in 2025

Full-time equivalents

16.7

▼ 6.7 vs 2024

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

Wage cost

€ 573,582

▼ 8% vs 2024

€ 34,300 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

€ 18,818

▼ 52% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 255,368

▼ 9% vs 2024

€ 49,455 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 88,814

▲ 100% vs 2024

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

Taxes and wages

€ 34,650

▼ 54% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 916,859 € 793,777 € 469,370 € 542,656 ▲ 16%
Profit after taxes € -107,509 € -105,614 € -289,022 € -122,928 ▲ € 166,093
Equity € 1,171,776 € 1,162,124 € 857,657 € 721,518 ▼ 16%
Total debts € 620,748 € 439,594 € 419,901 € 432,824 ▲ 3%
Cash - - € 43,912 € 1,282 ▼ 97%
Land & buildings € 395,142 € 379,430 € 363,741 € 348,476 ▼ 4%
Retained profit € 954,989 € 849,375 € 560,353 € 437,424 ▼ 22%
Bank debt € 425,479 € 258,295 € 281,541 € 255,368 ▼ 9%
Balance sheet total € 1,965,838 € 1,755,469 € 1,410,514 € 1,266,549 ▼ 10%
Employees (FTE) 31.3 29.2 23.4 16.7 ▼ 6.7

Key figures of MATHY-BY-BOLS, 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 MATHY-BY-BOLS?

What happened at MATHY-BY-BOLS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 122,928. Source: NBB ↗
  • New establishment in Couvin. KBO
  • Start of the company according to the CBE. KBO

In short

From € 107,509 loss in 2022 to € 122,928 loss in 2025.

On average € 32,500 of value added per employee in 2025.

Management

JEAN-MARIE BOLS ARNAUD BOLS
MATHY-BY-BOLS

Behind MATHY-BY-BOLS are JEAN-MARIE BOLS and ARNAUD BOLS.

Directors

According to the 2025 annual accounts

JEAN-MARIE BOLS

Director

ARNAUD BOLS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Roly, Mar. 26

5660 Couvin

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

Website

Technologies

Adobe FontsApacheCookie ConsentFacebook PixelGoogle AnalyticsLightboxPWAjQuery

Certifications & Partners

PEFC

Hosting & Email

Email provider

Rackspace Email

Hosting

OVH, FR

Website info

HTTPS Ja
Languages FR

Features

Ads

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0431.559.433
VAT number
BE 0431.559.433
Registered office
Chaussée de Roly, Mar. 26, 5660 Couvin
Names & denominations
MATHY-BY-BOLS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
16 July 1987
Peppol
Active · Active since 9 Jan 2026
Activities · NACE

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren

Detailhandel in huismeubilair

Detailhandel in meubels

Detailhandel in huismeubilair in gespecialiseerde winkels

Frequently asked questions

What does MATHY-BY-BOLS do?
MATHY-BY-BOLS is a water company in Couvin. Public Limited, started on 16 July 1987, 1 establishment.
What is the address of MATHY-BY-BOLS?
The registered office of MATHY-BY-BOLS is located at Chaussée de Roly, Mar. 26, 5660 Couvin.
Is MATHY-BY-BOLS still active?
Yes. According to the CBE (30 October 2026) MATHY-BY-BOLS is active, legal situation “Normale toestand”, started on 16 July 1987.
Is MATHY-BY-BOLS registered on Peppol?
Yes, MATHY-BY-BOLS is registered on the Peppol network with ID 0208:0431559433.
What is the enterprise number of MATHY-BY-BOLS?
The enterprise number of MATHY-BY-BOLS is BE0431559433.
When was MATHY-BY-BOLS founded?
MATHY-BY-BOLS was founded on 16 July 1987.