Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.4 to 17.4.
Financials
Financial year 2025
MATTHYS from Lo-Reninge, company number BE0447957678, closed financial year 2025 with a result of € 375,875 after tax. For that financial year MATTHYS recorded revenue of € 14.4 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 124,141 to € 375,875. Profitable, and profit is growing. 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 July 22, 2026.
€ 3.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 375,875
▲ 203% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
67 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
17.4
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 8% vs 2024
€ 66,200 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.
€ 803,176
▲ 131% vs 2024
Of which on lease € 423,698.
Debts at end 2025
€ 2.4 million
▲ 47% vs 2024
€ 351,915 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.6 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 400,425
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,387,670 | € 13,857,989 | € 13,984,045 | € 14,449,129 | ▲ 3% |
| Profit after taxes | € 70,978 | € 10,589 | € 124,141 | € 375,875 | ▲ 203% |
| Equity | € 3,050,011 | € 3,060,600 | € 3,068,740 | € 3,194,615 | ▲ 4% |
| Total debts | € 4,638,177 | € 4,712,293 | € 3,452,805 | € 5,110,481 | ▲ 48% |
| Cash | € 1,456,011 | € 1,398,526 | € 1,487,560 | € 1,480,019 | ▼ 1% |
| Land & buildings | € 2,383,185 | € 2,251,310 | € 2,125,273 | € 2,003,299 | ▼ 6% |
| Retained profit | € 1,793,311 | € 1,803,900 | € 1,812,040 | € 1,937,915 | ▲ 7% |
| Dividend | € 0 | € 0 | € 116,000 | € 250,000 | ▲ 116% |
| Bank debt | € 1,881,549 | € 2,020,286 | € 1,640,748 | € 2,409,197 | ▲ 47% |
| Balance sheet total | € 7,885,175 | € 7,954,066 | € 6,702,152 | € 8,485,588 | ▲ 27% |
| Employees (FTE) | 19.8 | 21.4 | 19.3 | 17.4 | ▼ 1.9 |
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:
- New annual accounts for financial year 2025: profit of € 375,875 (▲ 203% vs 2024). Source: NBB ↗
- New establishment in Lo-Reninge. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,978 profit in 2022 to € 375,875 profit in 2025.
Paid € 122,291 in corporate taxes since 2022.
Best year ever: 2025, with € 375,875 profit.
Paid out € 366,000 in dividends to the owners in total.
Management
Behind MATTHYS are Mattanja BV and Blauwvoet Lo BV. The same people are also behind MATTHYS-CONSTRUCT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ooststraat 97
8647 Lo-Reninge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0447.957.678
- VAT number
- BE 0447.957.678
- Registered office
- Ooststraat 97, 8647 Lo-Reninge
- Names & denominations
- MATTHYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 1992
- Peppol
- Active · Active since 24 Mar 2025
- Activities · NACE
Smeden van metaal
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen constructiewerken en delen daarvan
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