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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MATHIE from Oudenaarde, company number BE0444956915, closed financial year 2025 with a result of € 11,650 after tax. For that financial year MATHIE recorded a gross margin of € 33,937 and equity of € 138,501. Compared with financial year 2024, the result moved from € 23,782 to € 11,650. 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 April 8, 2026.
€ 138,501
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,650
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 73,698
▼ 4% 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 € 19,512.
People and assets in 2025
€ 771
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,664
▼ 33% vs 2024
€ 12,593 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,523
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,034
▲ € 2,749 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 | € 8,525 | € 12,692 | € 47,103 | € 33,937 | ▼ 28% |
| Profit after taxes | € -10,927 | € -9,265 | € 23,782 | € 11,650 | ▼ 51% |
| Equity | € 112,334 | € 103,069 | € 126,852 | € 138,501 | ▲ 9% |
| Total debts | € 181,229 | € 177,906 | € 150,919 | € 129,266 | ▼ 14% |
| Cash | € 78,194 | € 73,367 | € 76,757 | € 73,698 | ▼ 4% |
| Land & buildings | € 209,078 | € 199,157 | € 192,304 | € 185,451 | ▼ 4% |
| Retained profit | € -6,655 | € -15,919 | € 7,863 | € 19,512 | ▲ 148% |
| Bank debt | € 59,110 | € 48,158 | € 36,684 | € 24,664 | ▼ 33% |
| Balance sheet total | € 293,563 | € 280,975 | € 277,771 | € 267,767 | ▼ 4% |
Key figures of MATHIE, 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 MATHIE?
What happened at MATHIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter MAES stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,650 (▼ 51% vs 2024). Source: NBB ↗
- Leone THIERENS stepped down as director. NBB
- Pieter MAES became a director. NBB
- Leone THIERENS became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,927 loss in 2022 to € 11,650 profit in 2025.
Best year ever: 2024, with € 23,782 profit.
Management
Directors
According to the 2025 annual accounts
Pieter MAES
Director
since 2022 · until 2028
Leone THIERENS
Managing director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Blekerijstraat 37
9700 Oudenaarde
Dorpsstraat(STE) 8
9190 Stekene
Active since 27 September 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.956.915
- VAT number
- BE 0444.956.915
- Registered office
- Blekerijstraat 37, 9700 Oudenaarde
- Names & denominations
- MATHIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1991
- Peppol
- Not registered