M2M
ActiveSummary
M2M has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.14M and a net result of €296k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 18.86 against 10.91 in 2024; short-term debt: 3.3% and cash: 13.7% of total assets), and 3.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.6%
Return on assets
6.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
21 d late
2022
21 d late
2021
11 d late
2020
3 d late
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€296k▲ 32.8%
2024 · €223k
2018: €30k
2019: €29k
2020: €146k
2021: €173k
2022: €266k
2023: €164k
2024: €223k
2018 → 2025
Working capital
€2.56M▲ 16.0%
2024 · €2.21M
2018: €1.43M
2019: €1.40M
2020: €1.56M
2021: €1.74M
2022: €1.96M
2023: €1.96M
2024: €2.21M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.19M-€3.46M▲ 8.3%€3.62M▲ 4.8%€3.84M▲ 6.2%€4.14M▲ 7.7%
Operating result€255k-€388k▲ 52.4%€217k▼ 44.1%€255k▲ 17.6%€384k▲ 50.5%
Net result€173k-€266k▲ 53.9%€164k▼ 38.3%€223k▲ 35.6%€296k▲ 32.8%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.29M
Fixed assets
€1.58M ▼ 3.3%
Current assets
€2.70M ▲ 11.2%
Equity and liabilities €4.29M
Equity
€4.14M ▲ 7.7%
Debt
€147k ▼ 34.3%
Debt's share of the balance-sheet total falls from 5.5% to 3.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€438k▲
2024 · €308k
Cash flow
€350k▲
2024 · €276k
Current ratio
18.86▲
2024 · 10.91
Quick ratio
17.36▲
2024 · 9.95
Debt to equity
0.04▼
2024 · 0.06
ROE
7.1%▲
2024 · 5.8%
ROA
6.9%▲
2024 · 5.5%
Interest coverage
67.22▲
2024 · 22.90
Debt ≤ 1 year
€143k▼
2024 · €223k
Income taxes
€106k▲
2024 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.07M€4.29M▲
Fixed assets21/28€1.64M€1.58M▼
Tangible fixed assets22/27€232k€179k▼
Plant, machinery and equipment23€114k€99k▼
Furniture and vehicles24€118k€79k▼
Financial fixed assets28€1.41M€1.41M=
Current assets29/58€2.43M€2.70M▲
Amounts receivable after more than one year29€918k€890k▼
Other amounts receivable291€918k€890k▼
Stocks and contracts in progress3€214k€214k=
Stocks30/36€214k€214k=
Amounts receivable within one year40/41€269k€100k▼
Trade receivables40€54k€57k▲
Other amounts receivable41€214k€43k▼
Current investments50/53€80€901k▲
Cash at bank and in hand54/58€1.02M€587k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€4.07M€4.29M▲
Equity10/15€3.84M€4.14M▲
Contributions10/11€2.38M€2.38M=
Capital10€2.38M€2.38M=
Issued capital100€2.38M€2.38M=
Reserves13€1.07M€1.07M=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Distributable reserves133€1.06M€1.06M=
Profit (loss) carried forward14€387k€683k▲
Amounts payable17/49€224k€147k▼
Amounts payable within one year42/48€223k€143k▼
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Advances received on contracts in progress46€600€600=
Taxes, remuneration and social security45€30k€70k▲
Taxes450/3€30k€70k▲
Other amounts payable47/48€184k€64k▼
Accrued charges and deferred income492/3€1k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€54k▲
Other operating charges640/8€13k€6k▼
Gross operating margin9900€321k€444k▲
Operating profit (loss)9901€255k€384k▲
Financial income75/76B€63k€25k▼
Recurring financial income75€57k€25k▼
Non-recurring financial income76B€6k€0▼
Financial charges65/66B€13k€7k▼
Recurring financial charges65€13k€7k▼
Profit (loss) for the period before taxes9903€304k€402k▲
Income taxes67/77€81k€106k▲
Profit (loss) for the period9904€223k€296k▲
Profit (loss) for the period to be appropriated9905€223k€296k▲
Appropriation of the result
Profit (loss) to be appropriated9906€387k€683k▲
Profit (loss) brought forward from the previous period14P€164k€387k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
State Gazette act
Registered officeRegistered-office move · Power of attorney4 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney4 facts ▸
- Board meeting, 07-09-2026
- Registered-office move, Zuidervelodroom 104 bus 301, 2018 Antwerpen
- Power of attorney, Johanna Imbrechts
- Power of attorney, Maxime Degenaers
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €296k ▲32.8%
Net result €296k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €29k ▼3.2%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
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.
Zuidervelodroom 1042018 AntwerpenGround area
5,419 m²
Building footprint
1,055 m²
Volume, LiDAR
7,405 m³
2 parcels, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M2M
since 20002.100.658.526
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0547/00V000 | Flanders | 4,279 m² | 1 · 650 m² | 15.7 m · 1 fl. |
| 11810K1738/00K000 | Flanders | 1,141 m² | 1 · 404 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
7 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared director
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Show 3 more companies with a shared director
Shared director
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Shared director
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Shared director
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Ownership & control
4 board mandatesBoard mandates of this companythis company sits on their board4
Similar companies · same sector, comparable size
Sedasko
BE 0633.918.358
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MARLIBO
BE 0477.777.458
Geel · Eq €4,135,383
NAMICO
BE 0446.004.812
Wevelgem · Eq €4,146,869
SECURITAS SERVICES EUROPE
BE 0466.068.766
Machelen (Brab.) · Eq €4,132,991
KOBOS
BE 0834.216.529
Lokeren · Eq €4,148,222
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 12,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47690Retail sale of other cultural and recreation goods
64210Activities of holding companies
90312Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.