M-Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.71M and a net result of €430k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 2777 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
50 d early
2022
1 d early
2021
11 d early
2020
9 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€2.71M▲ 18.8%
2023 · €2.28M
2018: €1.09M
2019: €1.47M
2020: €1.40M
2021: €1.87M
2022: €1.88M
2023: €2.28M
2018 → 2024
Net result
€430k▲ 6.2%
2023 · €405k
2018: €112k
2019: €382k
2020: €-77k
2021: €476k
2022: €5k
2023: €405k
2018 → 2024
Total assets
€6.64M▲ 2.2%
2023 · €6.50M
2018: €6.62M
2019: €6.63M
2020: €6.55M
2021: €6.47M
2022: €6.49M
2023: €6.50M
2018 → 2024
Solvency
40.8%▲ 5.7pp
2023 · 35.1%
2018: 16.5%
2019: 22.2%
2020: 21.3%
2021: 29.0%
2022: 29.0%
2023: 35.1%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€55k-€98k▲ 77.4%€118k▲ 20.4%€95k▼ 20.2%€110k▲ 15.9%
Equity€1.40M-€1.87M▲ 34.1%€1.88M▲ 0.3%€2.28M▲ 21.6%€2.71M▲ 18.8%
Operating result€13k-€46k▲ 252%€85k▲ 84.5%€74k▼ 12.4%€63k▼ 15.2%
Net result€-77k-€476k€5k▼ 99.0%€405k▲ 8,022%€430k▲ 6.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.64M
Fixed assets
€6.44M=
Current assets
€205k▲ 232%
Equity and liabilities €6.64M
Equity
€2.71M▲ 18.8%
Debt
€3.93M▼ 6.8%
The debt ratio falls from 64.9% to 59.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
40.8%▲
2023 · 35.1%
ROE
15.9%▼
2023 · 17.7%
ROA
6.5%▲
2023 · 6.2%
Debt
€3.93M▼
2023 · €4.22M
Debt ≤ 1 year
€1.63M▲
2023 · €1.47M
Debt > 1 year
€2.24M▼
2023 · €2.68M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6.50M€6.64M▲
Fixed assets21/28€6.44M€6.44M=
Financial fixed assets28€6.44M€6.44M=
Affiliated companies280/1€6.44M€6.44M=
Participating interests280€6.44M€6.44M=
Current assets29/58€62k€205k▲
Amounts receivable within one year40/41€56k€203k▲
Trade receivables40€56k€75k▲
Other amounts receivable41-€129k
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€6.50M€6.64M▲
Equity10/15€2.28M€2.71M▲
Contributions10/11€1.04M€1.04M=
Capital10€1.04M€1.04M=
Issued capital100€1.04M€1.04M=
Reserves13€104k€104k=
Non-distributable reserves130/1€104k€104k=
Legal reserve130€104k€104k=
Profit (loss) carried forward14€1.14M€1.57M▲
Amounts payable17/49€4.22M€3.93M▼
Amounts payable after more than one year17€2.68M€2.24M▼
Financial debts170/4€2.68M€2.24M▼
Subordinated loans170€1.69M€1.69M=
Credit institutions173€996k€555k▼
Amounts payable within one year42/48€1.47M€1.63M▲
Current portion of amounts payable after more than one year42€443k€441k▼
Trade debts44€563€553▼
Suppliers440/4€563€553▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€1.03M€1.18M▲
Accrued charges and deferred income492/3€63k€63k=
Income statement
Code20232024
Operating income70/76A€95k€110k▲
Turnover70€95k€110k▲
Operating charges60/66A€20k€47k▲
Services and other goods61€19k€45k▲
Other operating charges640/8€2k€2k▲
Operating profit (loss)9901€74k€63k▼
Financial income75/76B€421k€489k▲
Recurring financial income75€421k€489k▲
Income from financial fixed assets750€421k€487k▲
Income from current assets751-€2k
Financial charges65/66B€90k€121k▲
Recurring financial charges65€90k€121k▲
Debt charges650€87k€119k▲
Other financial charges652/9€3k€2k▼
Profit (loss) for the period before taxes9903€405k€430k▲
Profit (loss) for the period9904€405k€430k▲
Profit (loss) for the period to be appropriated9905€405k€430k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.14M€1.57M▲
Profit (loss) brought forward from the previous period14P€739k€1.14M▲
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.28M ▲21.6%
3 profitable years in a row build equity to €2.28M.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €476k
Net result €476k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €-77k ▼120%
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maasstraat 652060 AntwerpenGround area
142 m²
Building footprint
103 m²
Volume, LiDAR
920 m³
Parcel 11807G0290/00Y002, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M-Holding
since 20162.259.011.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0290/00Y002indicative | Flanders | 142 m² | 1 · 102 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 9,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.