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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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
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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
MATH INVEST from Namur, company number BE0448564226, closed financial year 2025 with a result of € 6,014 after tax. For that financial year MATH INVEST recorded a gross margin of € 52,565 and equity of € 267,211. Compared with financial year 2024, the result moved from € -18,548 to € 6,014. 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 August 4, 2026.
€ 267,211
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,014
▲ still € 18,548 loss in 2024
Profit after tax over the fiscal year.
€ 94,959
▼ 12% 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 € 44,107.
Debts at end 2025
€ 171,987
▼ 3% vs 2024
€ 26,178 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 135
▼ € 38,949 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 37,891 | € 25,285 | € 52,565 | ▲ 108% |
| Profit after taxes | € -6,801 | € -18,548 | € 6,014 | ▲ € 24,562 |
| Equity | € 279,745 | € 261,197 | € 267,211 | ▲ 2% |
| Total debts | € 557,325 | € 558,195 | € 509,187 | ▼ 9% |
| Cash | € 91,659 | € 107,983 | € 94,959 | ▼ 12% |
| Land & buildings | € 687,456 | € 662,183 | € 636,910 | ▼ 4% |
| Retained profit | € 56,641 | € 38,093 | € 44,107 | ▲ 16% |
| Bank debt | € 197,250 | € 177,041 | € 171,987 | ▼ 3% |
| Balance sheet total | € 837,070 | € 819,392 | € 776,398 | ▼ 5% |
Key figures of MATH INVEST, fiscal years 2023 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 MATH INVEST?
What happened at MATH INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,014. filed late Source: NBB ↗
- New establishment in Gesves. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,801 loss in 2023 to € 6,014 profit in 2025.
Paid € 3,446 in corporate taxes since 2023.
Best year ever: 2025, with € 6,014 profit.
A new publication or filing at MATH INVEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MATH INVEST is Patrick Peckel. Patrick Peckel is also behind COMPUTER SOUND.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Dave(JB) 31 box 5
5100 Namur
Rinfosse 12
5340 Gesves
Active since 29 July 1996
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
- 0448.564.226
- VAT number
- BE 0448.564.226
- Registered office
- Rue de Dave(JB) 31 bus 5, 5100 Namur
- Names & denominations
- MATH INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1992
- Peppol
- Not registered