What does M-SOURCE do?

M-SOURCE is a holding company in Gent. Public Limited, started on 20 April 1993, 1 establishment.

What is the address of M-SOURCE?

The registered office of M-SOURCE is located at Waalkens 10, 9030 Gent.

Is M-SOURCE still active?

Yes. According to the CBE (29 October 2026) M-SOURCE is active, legal situation “Normale toestand”, started on 20 April 1993.

Is M-SOURCE registered on Peppol?

Yes, M-SOURCE is registered on the Peppol network with ID 0208:0449898569.

What is the enterprise number of M-SOURCE?

The enterprise number of M-SOURCE is BE0449898569.

When was M-SOURCE founded?

M-SOURCE was founded on 20 April 1993.

Who are the directors of M-SOURCE?

According to the 2025 annual accounts, the directors of M-SOURCE are: Filip SLOCK, Emiel SLOCK.

Is M-SOURCE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 April 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M-SOURCE make in 2025?

M-SOURCE posted a profit after taxes of € 158,032 in financial year 2025.

What is the revenue of M-SOURCE?

In its most recent annual accounts (2025), M-SOURCE reported revenue of € 970,581.

M-SOURCE (Public Limited) - Gent - BE0449898569

Dossier M-SOURCE, printed on 29 October 2026 from databakkes.be/en/0449898569/m-source. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M-SOURCE from Gent, company number BE0449898569, closed financial year 2025 with a result of € 158,032 after tax. For that financial year M-SOURCE recorded revenue of € 970,581 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -239,475 to € 158,032. Profitable, and profit is growing. 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 June 30, 2026.

What it is worth Growing

€ 2.2 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 158,032

▲ still € 239,475 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 27,274

▼ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.7 million.

People and assets in 2025

Vehicles and equipment

€ 36,465

▲ 50% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 690,874

▼ 17% vs 2024

€ 143,487 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 33,039

▲ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.

Taxes

€ 119,531

▲ 73% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 755,200 Revenue 2022: € 755,200 First fiscal year in the series	€ 781,000 Revenue 2023: € 781,000 ▲ 3% vs 2022 (€ 755,200) Favourable step	€ 864,611 Revenue 2024: € 864,611 ▲ 11% vs 2023 (€ 781,000) Favourable step	€ 970,581 Revenue 2025: € 970,581 ▲ 12% vs 2024 (€ 864,611) Favourable step	▲ 12%
Profit after taxes	€ 138,517 Profit after taxes 2022: € 138,517 First fiscal year in the series	€ 117,746 Profit after taxes 2023: € 117,746 ▼ 15% vs 2022 (€ 138,517) Unfavourable step	€ -239,475 Profit after taxes 2024: € -239,475 ▼ € 357,221 vs 2023 (€ 117,746) Unfavourable step	€ 158,032 Profit after taxes 2025: € 158,032 ▲ € 397,507 vs 2024 (€ -239,475) Favourable step	▲ € 397,507
Equity	€ 2,125,248 Equity 2022: € 2,125,248 First fiscal year in the series	€ 2,242,994 Equity 2023: € 2,242,994 ▲ 6% vs 2022 (€ 2,125,248) Favourable step	€ 2,003,519 Equity 2024: € 2,003,519 ▼ 11% vs 2023 (€ 2,242,994) Unfavourable step	€ 2,161,551 Equity 2025: € 2,161,551 ▲ 8% vs 2024 (€ 2,003,519) Favourable step	▲ 8%
Total debts	€ 1,341,504 Total debts 2022: € 1,341,504 First fiscal year in the series	€ 1,756,004 Total debts 2023: € 1,756,004 ▲ 31% vs 2022 (€ 1,341,504) Unfavourable step	€ 1,725,461 Total debts 2024: € 1,725,461 ▼ 2% vs 2023 (€ 1,756,004) Favourable step	€ 1,418,297 Total debts 2025: € 1,418,297 ▼ 18% vs 2024 (€ 1,725,461) Favourable step	▼ 18%
Cash	€ 71,809 Cash 2022: € 71,809 First fiscal year in the series	€ 111,566 Cash 2023: € 111,566 ▲ 55% vs 2022 (€ 71,809) Favourable step	€ 43,874 Cash 2024: € 43,874 ▼ 61% vs 2023 (€ 111,566) Unfavourable step	€ 27,274 Cash 2025: € 27,274 ▼ 38% vs 2024 (€ 43,874) Unfavourable step	▼ 38%
Land & buildings	€ 1,899,833 Land & buildings 2022: € 1,899,833 First fiscal year in the series	€ 2,051,263 Land & buildings 2023: € 2,051,263 ▲ 8% vs 2022 (€ 1,899,833) Unchanged	€ 2,032,037 Land & buildings 2024: € 2,032,037 ▼ 1% vs 2023 (€ 2,051,263) Unchanged	€ 1,929,589 Land & buildings 2025: € 1,929,589 ▼ 5% vs 2024 (€ 2,032,037) Unchanged	▼ 5%
Retained profit	€ 1,697,789 Retained profit 2022: € 1,697,789 First fiscal year in the series	€ 1,815,535 Retained profit 2023: € 1,815,535 ▲ 7% vs 2022 (€ 1,697,789) Favourable step	€ 1,576,060 Retained profit 2024: € 1,576,060 ▼ 13% vs 2023 (€ 1,815,535) Unfavourable step	€ 1,734,092 Retained profit 2025: € 1,734,092 ▲ 10% vs 2024 (€ 1,576,060) Favourable step	▲ 10%
Bank debt	€ 895,700 Bank debt 2022: € 895,700 First fiscal year in the series	€ 1,046,408 Bank debt 2023: € 1,046,408 ▲ 17% vs 2022 (€ 895,700) Unfavourable step	€ 835,734 Bank debt 2024: € 835,734 ▼ 20% vs 2023 (€ 1,046,408) Favourable step	€ 690,874 Bank debt 2025: € 690,874 ▼ 17% vs 2024 (€ 835,734) Favourable step	▼ 17%
Balance sheet total	€ 3,466,752 Balance sheet total 2022: € 3,466,752 First fiscal year in the series	€ 3,998,998 Balance sheet total 2023: € 3,998,998 ▲ 15% vs 2022 (€ 3,466,752) Unchanged	€ 3,728,980 Balance sheet total 2024: € 3,728,980 ▼ 7% vs 2023 (€ 3,998,998) Unchanged	€ 3,579,848 Balance sheet total 2025: € 3,579,848 ▼ 4% vs 2024 (€ 3,728,980) Unchanged	▼ 4%

Key figures of M-SOURCE, 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 M-SOURCE?

What happened at M-SOURCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 158,032. Source: NBB ↗
2026 Filip SLOCK stepped down as director. NBB
2026 Emiel SLOCK stepped down as director. NBB
2020 Filip SLOCK became a director. NBB
2020 Emiel SLOCK became a director. NBB
May 6, 1993 New establishment in Gent. KBO
Apr 20, 1993 Start of the company according to the CBE. KBO

In short

From € 138,517 profit in 2022 to € 158,032 profit in 2025.

Paid € 254,579 in corporate taxes since 2022.

Best year ever: 2025, with € 158,032 profit.

Pays suppliers within 28 days on average.

Original PDFs at the National Bank ↗

Management

M-SOURCE

INTERFACE4SOLUTIONS 100%

MASTERBULK 55.3%

I-MOTION SHIPPING 50%

It owns 100% of INTERFACE4SOLUTIONS, 55.3% of MASTERBULK and 50% of I-MOTION SHIPPING itself.

Directors

According to the 2025 annual accounts

Filip SLOCK

Managing director

Also active at: INTERFACE LOGISTICS, INTERFACE TERMINAL GENT, I-MOTION Shipping, SIEN INVESTMENT COMPANY, STIJN DE CORTE TRANS

since 2020 · until 2026

Emiel SLOCK

Director

Also active at: MASTERBULK, INTERFACE LOGISTICS, M-FORCE, SIEN INVESTMENT COMPANY, STIJN DE CORTE TRANS

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Waalkens 10

9030 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

MASTERBULK same network

€ 26.3 million revenue · 2025

INTERFACE LOGISTICS same network

€ 276,087 gross margin · 2026

M-FORWARD

M-FORCE same network

€ 88,801 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0449.898.569

VAT number

BE 0449.898.569

Registered office

Waalkens 10, 9030 Gent

Names & denominations

M-SOURCE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 April 1993

Peppol

Active · Active since 9 Dec 2025

Activities · NACE

Activiteiten van hoofdkantoren

Managementactiviteiten van holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

M-SOURCE

Financials

What happened to M-SOURCE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions