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 52 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
M10 design’N’build from Lille, company number BE0479033411, closed financial year 2024 with a result of € 28,281 after tax. For that financial year M10 design’N’build recorded a gross margin of € 59,794 and equity of € 118,998. Compared with financial year 2023, the result moved from € 15,282 to € 28,281. 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 July 1, 2025.
€ 118,998
▲ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,281
▲ 85% vs 2023
Profit after tax over the fiscal year.
€ 6,238
▲ 230% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 111,498.
People and assets in 2024
€ 2,724
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 191,000
▼ 19% vs 2023
Loans from banks and other lenders, long and short.
€ 860
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,463
▲ 128% 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 | € 7,536 | € 19,536 | € 31,568 | € 59,794 | ▲ 89% |
| Profit after taxes | € 5,031 | € 11,489 | € 15,282 | € 28,281 | ▲ 85% |
| Equity | € 63,945 | € 75,435 | € 90,717 | € 118,998 | ▲ 31% |
| Total debts | € 28,900 | € 265,214 | € 243,513 | € 217,868 | ▼ 11% |
| Cash | € 4,666 | € 657 | € 1,889 | € 6,238 | ▲ 230% |
| Land & buildings | € 88,179 | € 339,991 | € 332,341 | € 324,691 | ▼ 2% |
| Retained profit | € 56,445 | € 67,935 | € 83,217 | € 111,498 | ▲ 34% |
| Bank debt | € 0 | € 255,000 | € 235,000 | € 191,000 | ▼ 19% |
| Balance sheet total | € 92,845 | € 340,648 | € 334,230 | € 336,866 | ▲ 1% |
Key figures of M10 design’N’build, 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 M10 design’N’build?
What happened at M10 design’N’build in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 28,281 (▲ 85% vs 2023). Source: NBB ↗
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,031 profit in 2021 to € 28,281 profit in 2024.
Paid € 27,733 in corporate taxes since 2021.
Best year ever: 2024, with € 28,281 profit.
Management
Behind M10 design’N’build are Bart NEEFS and Luc SCHEPERS.
Directors
According to the 2024 annual accounts
Bart NEEFS
Administrator-manager
Luc SCHEPERS
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Gierlebaan 51
2275 Lille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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Website info
Features
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Details
- Company number
- 0479.033.411
- VAT number
- BE 0479.033.411
- Registered office
- Gierlebaan 51, 2275 Lille
- Names & denominations
- M10 design’N’build
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2002
- Peppol
- Active · Active since 26 May 2025
- Contact
- m10-architecten.be
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