Financials
Financial year 2025
Mathico from Kortrijk, company number BE0633817893, closed financial year 2025 with a result of € 41,257 after tax. For that financial year Mathico recorded a gross margin of € 157,426 and equity of € 311,326. Compared with financial year 2024, the result moved from € 41,276 to € 41,257. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
€ 311,326
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,257
Profit after tax over the fiscal year.
€ 69,421
▲ € 59,403 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 € 298,926.
People and assets in 2025
€ 64,831
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 631,909
▼ 10% vs 2024
€ 68,467 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 26,397
▲ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,178
▲ 136% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,456 | € 191,649 | € 185,285 | € 157,426 | ▼ 15% |
| Profit after taxes | € 35,492 | € 77,499 | € 41,276 | € 41,257 | |
| Equity | € 151,294 | € 228,793 | € 270,069 | € 311,326 | ▲ 15% |
| Total debts | € 894,832 | € 841,481 | € 751,406 | € 711,847 | ▼ 5% |
| Cash | € 57,557 | € 32,372 | € 10,017 | € 69,421 | ▲ € 59,403 |
| Land & buildings | € 931,038 | € 895,035 | € 881,776 | € 836,317 | ▼ 5% |
| Retained profit | € 138,894 | € 216,393 | € 257,669 | € 298,926 | ▲ 16% |
| Dividend | € 52,804 | € 0 | € 0 | € 0 | |
| Bank debt | € 820,647 | € 743,855 | € 702,893 | € 631,909 | ▼ 10% |
| Balance sheet total | € 1,046,126 | € 1,070,275 | € 1,021,475 | € 1,023,173 |
Key figures of Mathico, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
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 2025: profit of € 41,257. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,492 profit in 2022 to € 41,257 profit in 2025.
Paid € 72,560 in corporate taxes since 2022.
Best year ever: 2023, with € 77,499 profit.
Paid out € 52,804 in dividends to the owners in total.
Management
Behind Mathico is Mathias Coryn.
Directors
According to the 2025 annual accounts
Mathias Coryn
Director
Establishments
Establishment units
Physical locations of this company
Morinnestraat(Kor) 33
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.817.893
- VAT number
- BE 0633.817.893
- Registered office
- Morinnestraat(Kor) 33, 8500 Kortrijk
- Names & denominations
- Mathico
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2015
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
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