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 0 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MATHICO from Leuze-en-Hainaut, company number BE0632644787, closed financial year 2026 with a result of € 2,987 after tax. For that financial year MATHICO recorded a gross margin of € 58,729 and equity of € 668,321. Compared with financial year 2025, the result moved from € 80,252 to € 2,987. 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 October 21, 2026.
€ 668,321
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,987
▼ 96% vs 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 649,721.
People and assets in 2026
€ 92,741
▼ 32% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 98,643
▼ 50% vs 2025
€ 60,428 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,474
▼ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 44,831
▼ 42% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 102,681 | € 148,993 | € 161,730 | € 58,729 | ▼ 64% |
| Profit after taxes | € 55,574 | € 78,873 | € 80,252 | € 2,987 | ▼ 96% |
| Equity | € 506,209 | € 585,082 | € 665,334 | € 668,321 | |
| Total debts | € 455,229 | € 505,277 | € 365,144 | € 318,992 | ▼ 13% |
| Cash | € 13,644 | € 4,214 | - | - | |
| Retained profit | € 487,609 | € 566,482 | € 646,734 | € 649,721 | |
| Bank debt | € 271,359 | € 298,848 | € 197,930 | € 98,643 | ▼ 50% |
| Balance sheet total | € 964,449 | € 1,092,544 | € 1,031,839 | € 987,849 | ▼ 4% |
Key figures of MATHICO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MATHICO?
What happened at MATHICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 2,987 (▼ 96% vs 2025). Source: NBB ↗
- New establishment in Leuze-en-Hainaut. KBO
- Start of the company according to the CBE. KBO
- Delphine MAMBOUR became a director. NBB
- Laurent THIRION became a director. NBB
In short
From € 55,574 profit in 2023 to € 2,987 profit in 2026.
Paid € 67,304 in corporate taxes since 2023.
Best year ever: 2025, with € 80,252 profit.
Management
Behind MATHICO are Delphine MAMBOUR and Laurent THIRION. It owns 100% of DAPSENS-SOYER IMMO and 1% of DAPSENS-SOYER itself.
Directors
According to the 2026 annual accounts
since 2015
Laurent THIRION
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue de Wattines(C.W.) 15
7903 Leuze-en-Hainaut
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.644.787
- VAT number
- BE 0632.644.787
- Registered office
- Rue de Wattines(C.W.) 15, 7903 Leuze-en-Hainaut
- Names & denominations
- MATHICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2015
- Peppol
- Active · Active since 22 Nov 2025
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