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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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M-SUPPORT from Huldenberg, company number BE0465985723, closed financial year 2025 with a result of € 4,137 after tax. For that financial year M-SUPPORT recorded a gross margin of € 45,169 and equity of € 44,561. Compared with financial year 2024, the result moved from € 22,828 to € 4,137. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 44,561
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,137
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 3,891
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25,969.
People and assets in 2025
€ 8,744
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 293,788
▼ 1% vs 2024
€ 31,174 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 14,739
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,957
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,963 | € 35,482 | € 66,434 | € 45,169 | ▼ 32% |
| Profit after taxes | € -5,328 | € 2,313 | € 22,828 | € 4,137 | ▼ 82% |
| Equity | € 15,284 | € 17,597 | € 40,424 | € 44,561 | ▲ 10% |
| Total debts | € 375,032 | € 356,752 | € 336,238 | € 324,856 | ▼ 3% |
| Cash | € 2,533 | € 3,022 | € 3,736 | € 3,891 | ▲ 4% |
| Land & buildings | € 385,012 | € 368,034 | € 353,556 | € 346,501 | ▼ 2% |
| Retained profit | € -3,308 | € -995 | € 21,832 | € 25,969 | ▲ 19% |
| Bank debt | € 347,531 | € 326,103 | € 297,215 | € 293,788 | ▼ 1% |
| Balance sheet total | € 390,316 | € 374,349 | € 376,662 | € 369,417 | ▼ 2% |
Key figures of M-SUPPORT, 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-SUPPORT?
What happened at M-SUPPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,137 (▼ 82% vs 2024). Source: NBB ↗
- Patricia Cappuyns became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,328 loss in 2022 to € 4,137 profit in 2025.
Paid € 12,493 in corporate taxes since 2022.
Best year ever: 2024, with € 22,828 profit.
Management
Behind M-SUPPORT is Patricia Cappuyns.
Directors
According to the 2025 annual accounts
Patricia Cappuyns
Bestuurder
since 2006
Establishments
Establishment units
Physical locations of this company
Dorpsstraat(NEE) 7
3040 Huldenberg
Parijsstraat 74
3000 Leuven
Active since 12 July 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.985.723
- VAT number
- BE 0465.985.723
- Registered office
- Dorpsstraat(NEE) 7, 3040 Huldenberg
- Names & denominations
- M-SUPPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1999
- Peppol
- Active · Active since 16 Feb 2026
- Activities · NACE
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