Financials
Financial year 2025
M 5 from Grez-Doiceau, company number BE0452617539, closed financial year 2025 with a result of € 154,539 after tax. For that financial year M 5 recorded a gross margin of € 315,729 and equity of € 612,714. Compared with financial year 2024, the result moved from € 152,359 to € 154,539. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 612,714
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,539
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 449,175
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 566,187 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 84,426
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,105
▲ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,744
▲ € 16,518 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,348
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 460,824 | - | |
| Gross margin | € 264,895 | € 276,840 | € 334,748 | € 315,729 | ▼ 6% |
| Profit after taxes | € 108,214 | € 116,516 | € 152,359 | € 154,539 | ▲ 1% |
| Equity | € 755,486 | € 872,002 | € 1,041,476 | € 612,714 | ▼ 41% |
| Total debts | € 109,012 | € 88,685 | € 54,997 | € 610,764 | ▲ € 555,767 |
| Cash | € 498,939 | € 100,236 | € 550,752 | € 449,175 | ▼ 18% |
| Land & buildings | € 176,111 | € 176,922 | € 168,742 | € 160,562 | ▼ 5% |
| Retained profit | € 693,986 | € 810,502 | € 962,861 | € 551,214 | ▼ 43% |
| Dividend | € 0 | € 0 | € 0 | € 566,187 | |
| Bank debt | € 646 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 864,498 | € 960,687 | € 1,131,473 | € 1,258,478 | ▲ 11% |
Key figures of M 5, 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 5?
What happened at M 5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Estelle Mentior stepped down as director. NBB
- Jean-Louis Mentior stepped down as director. NBB
- Martine Wellens stepped down as director. NBB
- Sébastien Delbeke stepped down as director. NBB
- Nicolas Mentior stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 154,539 (▲ 1% vs 2024). Source: NBB ↗
- Estelle Mentior became a director. NBB
- Jean-Louis Mentior became a director. NBB
In short
From € 108,214 profit in 2022 to € 154,539 profit in 2025.
Paid € 257,912 in corporate taxes since 2022.
Best year ever: 2025, with € 154,539 profit.
Paid out € 566,187 in dividends to the owners in total.
Management
It owns 5.7% of AIRLAM and 0.8% of LISAM E-CLUB itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Jean-Louis Mentior
Managing director
since 2022 · until 2028
Martine Wellens
Director
since 2022 · until 2028
Sébastien Delbeke
Director
since 2022 · until 2028
Nicolas Mentior
Director
Also active at: MADAME CLAUDE, MONDARON, CAPS CORP, ECOMARKET, Société Belge d’Exonération de Précompte, MOTTOMOJO
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue de la Plaine 23/2
1390 Grez-Doiceau
Chaussée de Tervuren 118
1410 Waterloo
Active since 29 November 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.617.539
- VAT number
- BE 0452.617.539
- Registered office
- Rue de la Plaine 23/2, 1390 Grez-Doiceau
- Names & denominations
- M 5
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1994
- Peppol
- Active · Active since 18 May 2026
- Activities · NACE
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