Financials
Financial year 2024
M68 from Brasschaat, company number BE0461393663, closed financial year 2024 with a result of € 182,818 after tax. For that financial year M68 recorded a gross margin of € 260,401 and equity of € 190,796. Compared with financial year 2023, the result moved from € 71,475 to € 182,818. 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 May 22, 2025.
€ 190,796
▲ € 174,208 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,818
▲ 156% vs 2023
Profit after tax over the fiscal year.
€ 157,654
▲ 202% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 8,610 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 77
▼ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,267
▼ 19% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,420 | € -1,250 | € 90,699 | € 260,401 | ▲ 187% |
| Profit after taxes | € -10,375 | € 442 | € 71,475 | € 182,818 | ▲ 156% |
| Equity | € 235 | € 677 | € 16,588 | € 190,796 | ▲ € 174,208 |
| Total debts | € 27,298 | € 32,821 | € 106,708 | € 29,371 | ▼ 72% |
| Cash | € 253 | € 904 | € 52,224 | € 157,654 | ▲ 202% |
| Retained profit | € -8,441 | € -7,999 | € 7,912 | € 182,119 | ▲ € 174,208 |
| Dividend | € 0 | € 0 | € 55,565 | € 8,610 | ▼ 85% |
| Bank debt | € 27,298 | € 31,746 | € 0 | € 0 | |
| Balance sheet total | € 31,534 | € 33,498 | € 123,296 | € 220,166 | ▲ 79% |
Key figures of M68, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M68?
What happened at M68 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 182,818 (▲ 156% vs 2023). Source: NBB ↗
- Johan Hendrik Van der Auwera became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,375 loss in 2021 to € 182,818 profit in 2024.
Paid € 91,350 in corporate taxes since 2021.
Best year ever: 2024, with € 182,818 profit.
Paid out € 64,175 in dividends to the owners in total.
Management
Behind M68 is Johan Hendrik Van der Auwera. Johan Hendrik Van der Auwera is also behind IBELEC.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Bloemaard 18
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.393.663
- VAT number
- BE 0461.393.663
- Registered office
- Bloemaard 18, 2930 Brasschaat
- Names & denominations
- M68
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 8 September 1997
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden