Financials
Financial year 2025
MEMATH from Visé, company number BE0543687671, closed financial year 2025 with a result of € 78,332 after tax. For that financial year MEMATH recorded revenue of € 0 and equity of € 893,190. Compared with financial year 2024, the result moved from € 2,480 to € 78,332. 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 June 18, 2026.
€ 893,190
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,332
▲ € 75,851 vs 2024
Profit after tax over the fiscal year.
€ 167,693
▲ € 147,029 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,110 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.5
Average over the fiscal year, from the social balance sheet.
€ 39,208
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,202
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 389,788
▲ € 331,122 vs 2024
€ 37,772 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3,577
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,586
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,863 | € 55,008 | € 80,720 | € 109,204 | ▲ 35% |
| Profit after taxes | € 52,001 | € 132,695 | € 2,480 | € 78,332 | ▲ € 75,851 |
| Equity | € 680,794 | € 813,488 | € 815,969 | € 893,190 | ▲ 9% |
| Total debts | € 461,095 | € 483,662 | € 651,921 | € 709,473 | ▲ 9% |
| Cash | € 247,253 | € 337,564 | € 20,664 | € 167,693 | ▲ € 147,029 |
| Land & buildings | - | - | € 445,787 | € 428,522 | ▼ 4% |
| Retained profit | € 250,794 | € 383,488 | € 385,969 | € 463,190 | ▲ 20% |
| Dividend | € 100,000 | € 0 | € 0 | € 1,110 | |
| Bank debt | € 0 | € 71,581 | € 58,666 | € 389,788 | ▲ € 331,122 |
| Balance sheet total | € 1,141,889 | € 1,297,150 | € 1,467,890 | € 1,602,663 | ▲ 9% |
| Employees (FTE) | 0.5 | 0.5 | 0.5 | 0.5 |
Key figures of MEMATH, 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 MEMATH?
What happened at MEMATH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 78,332 (▲ € 75,851 vs 2024). Source: NBB ↗
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
- Denis HENQUET became a director. NBB
In short
From € 52,001 profit in 2022 to € 78,332 profit in 2025.
Paid € 31,898 in corporate taxes since 2022.
Best year ever: 2023, with € 132,695 profit.
Paid out € 101,110 in dividends to the owners in total.
Management
Behind MEMATH is Denis HENQUET. It owns 100% of HENQUET Travaux Publics et Privés itself.
Directors
According to the 2025 annual accounts
since 2013
Establishments
Establishment units
Physical locations of this company
Rue de la Croix(LIX) 1
4600 Visé
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.687.671
- VAT number
- BE 0543.687.671
- Registered office
- Rue de la Croix(LIX) 1, 4600 Visé
- Names & denominations
- MEMATH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2013
- Peppol
- Active · Active since 24 Feb 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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