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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
MM creation from Erpe-Mere, company number BE0418964972, closed financial year 2025 with a result of € -20,865 after tax. For that financial year MM creation recorded a gross margin of € 619 and equity of € -41,304. Compared with financial year 2024, the result moved from € 5,576 to € -20,865. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ -41,304
▼ € 20,865 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,865
▼ still € 5,576 profit in 2024
Profit after tax over the fiscal year.
€ 15,799
▲ € 14,928 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,896.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 153,978
▼ 3% vs 2024
€ 21,278 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,110
▲ 145% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,081 | € 6,347 | € 26,946 | € 619 | ▼ 98% |
| Profit after taxes | € -49,431 | € -23,562 | € 5,576 | € -20,865 | ▼ € 26,441 |
| Equity | € -2,454 | € -26,016 | € -20,439 | € -41,304 | ▼ € 20,865 |
| Total debts | € 261,446 | € 193,112 | € 165,980 | € 165,321 | |
| Cash | € 7,563 | € 5,475 | € 871 | € 15,799 | ▲ € 14,928 |
| Retained profit | € -21,046 | € -44,608 | € -39,031 | € -59,896 | ▼ € 20,865 |
| Bank debt | € 233,458 | € 164,116 | € 158,442 | € 153,978 | ▼ 3% |
| Balance sheet total | € 258,992 | € 167,097 | € 145,541 | € 124,017 | ▼ 15% |
Key figures of MM creation, 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 MM creation?
What happened at MM creation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,865 (▼ € 26,441 vs 2024). filed late Source: NBB ↗
- Matthieu Meert became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,431 loss in 2022 to € 20,865 loss in 2025.
Paid € 154 in corporate taxes since 2022.
Best year ever: 2024, with € 5,576 profit.
Management
Behind MM creation is Matthieu Meert. It owns 100% of In2wood itself.
Directors
According to the 2025 annual accounts
Matthieu Meert
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 148
9420 Erpe-Mere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.964.972
- VAT number
- BE 0418.964.972
- Registered office
- Dorpsstraat 148, 9420 Erpe-Mere
- Names & denominations
- MM creation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1978
- Peppol
- Active · Active since 23 Jul 2024
- Activities · NACE
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