What does M2M Tec do?

M2M Tec is a wholesaler in Grobbendonk. Private Limited, started on 25 October 2012, 1 establishment.

What is the address of M2M Tec?

The registered office of M2M Tec is located at Spechtdreef 10, 2280 Grobbendonk.

Is M2M Tec still active?

Yes. According to the CBE (29 October 2026) M2M Tec is active, legal situation “Normale toestand”, started on 25 October 2012.

Is M2M Tec registered on Peppol?

Yes, M2M Tec is registered on the Peppol network with ID 0208:0500700538.

What is the enterprise number of M2M Tec?

The enterprise number of M2M Tec is BE0500700538.

When was M2M Tec founded?

M2M Tec was founded on 25 October 2012.

Who are the directors of M2M Tec?

According to the 2024 annual accounts, the directors of M2M Tec are: Michaël De Swert.

Is M2M Tec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 October 2012; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did M2M Tec make in 2024?

M2M Tec posted a profit after taxes of € 184,262 in financial year 2024.

What is the revenue of M2M Tec?

As a small company, M2M Tec is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 303,053.

How many employees does M2M Tec have?

According to the 2024 annual accounts, M2M Tec has 0 full-time equivalents (FTE).

M2M Tec (Private Limited) - Grobbendonk - BE0500700538

Dossier M2M Tec, printed on 29 October 2026 from databakkes.be/en/0500700538/m2m-tec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

M2M Tec from Grobbendonk, company number BE0500700538, closed financial year 2024 with a result of € 184,262 after tax. For that financial year M2M Tec recorded a gross margin of € 303,053 and equity of € 1.1 million. Compared with financial year 2023, the result moved from € 119,121 to € 184,262. 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 17, 2025.

What it is worth Growing

€ 1.1 million

▲ 19% vs 2023

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

Profit Growing

€ 184,262

▲ 55% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 535,399

▼ 9% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 1.1 million.

People and assets in 2024

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 23,555

▲ € 20,613 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 11 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.

€ 486,828

▼ 2% vs 2023

€ 42,818 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 44,375

▼ 17% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,105

▲ 265% vs 2023

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)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 328,476 Gross margin 2021: € 328,476 First fiscal year in the series	€ 243,024 Gross margin 2022: € 243,024 ▼ 26% vs 2021 (€ 328,476) Unfavourable step	€ 216,170 Gross margin 2023: € 216,170 ▼ 11% vs 2022 (€ 243,024) Unfavourable step	€ 303,053 Gross margin 2024: € 303,053 ▲ 40% vs 2023 (€ 216,170) Favourable step	▲ 40%
Profit after taxes	€ 204,977 Profit after taxes 2021: € 204,977 First fiscal year in the series	€ 76,561 Profit after taxes 2022: € 76,561 ▼ 63% vs 2021 (€ 204,977) Unfavourable step	€ 119,121 Profit after taxes 2023: € 119,121 ▲ 56% vs 2022 (€ 76,561) Favourable step	€ 184,262 Profit after taxes 2024: € 184,262 ▲ 55% vs 2023 (€ 119,121) Favourable step	▲ 55%
Equity	€ 762,822 Equity 2021: € 762,822 First fiscal year in the series	€ 839,383 Equity 2022: € 839,383 ▲ 10% vs 2021 (€ 762,822) Favourable step	€ 958,504 Equity 2023: € 958,504 ▲ 14% vs 2022 (€ 839,383) Favourable step	€ 1,142,766 Equity 2024: € 1,142,766 ▲ 19% vs 2023 (€ 958,504) Favourable step	▲ 19%
Total debts	€ 621,415 Total debts 2021: € 621,415 First fiscal year in the series	€ 932,962 Total debts 2022: € 932,962 ▲ 50% vs 2021 (€ 621,415) Unfavourable step	€ 913,327 Total debts 2023: € 913,327 ▼ 2% vs 2022 (€ 932,962) Favourable step	€ 884,051 Total debts 2024: € 884,051 ▼ 3% vs 2023 (€ 913,327) Favourable step	▼ 3%
Cash	€ 760,694 Cash 2021: € 760,694 First fiscal year in the series	€ 768,522 Cash 2022: € 768,522 ▲ 1% vs 2021 (€ 760,694) Favourable step	€ 588,199 Cash 2023: € 588,199 ▼ 23% vs 2022 (€ 768,522) Unfavourable step	€ 535,399 Cash 2024: € 535,399 ▼ 9% vs 2023 (€ 588,199) Unfavourable step	▼ 9%
Land & buildings	€ 303,208 Land & buildings 2021: € 303,208 First fiscal year in the series	€ 281,842 Land & buildings 2022: € 281,842 ▼ 7% vs 2021 (€ 303,208) Unchanged	€ 260,475 Land & buildings 2023: € 260,475 ▼ 8% vs 2022 (€ 281,842) Unchanged	€ 303,088 Land & buildings 2024: € 303,088 ▲ 16% vs 2023 (€ 260,475) Unchanged	▲ 16%
Retained profit	€ 750,422 Retained profit 2021: € 750,422 First fiscal year in the series	€ 826,983 Retained profit 2022: € 826,983 ▲ 10% vs 2021 (€ 750,422) Favourable step	€ 946,104 Retained profit 2023: € 946,104 ▲ 14% vs 2022 (€ 826,983) Favourable step	€ 1,130,366 Retained profit 2024: € 1,130,366 ▲ 19% vs 2023 (€ 946,104) Favourable step	▲ 19%
Bank debt	€ 233,477 Bank debt 2021: € 233,477 First fiscal year in the series	€ 538,398 Bank debt 2022: € 538,398 ▲ 131% vs 2021 (€ 233,477) Unfavourable step	€ 497,067 Bank debt 2023: € 497,067 ▼ 8% vs 2022 (€ 538,398) Favourable step	€ 486,828 Bank debt 2024: € 486,828 ▼ 2% vs 2023 (€ 497,067) Favourable step	▼ 2%
Balance sheet total	€ 1,384,237 Balance sheet total 2021: € 1,384,237 First fiscal year in the series	€ 1,772,345 Balance sheet total 2022: € 1,772,345 ▲ 28% vs 2021 (€ 1,384,237) Unchanged	€ 1,871,831 Balance sheet total 2023: € 1,871,831 ▲ 6% vs 2022 (€ 1,772,345) Unchanged	€ 2,026,817 Balance sheet total 2024: € 2,026,817 ▲ 8% vs 2023 (€ 1,871,831) Unchanged	▲ 8%

Key figures of M2M Tec, 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 M2M Tec?

What happened at M2M Tec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 17, 2025 New annual accounts for financial year 2024: profit of € 184,262 (▲ 55% vs 2023). Source: NBB ↗
2022 Michaël De Swert became a director. NBB
Nov 9, 2012 New establishment in Grobbendonk. KBO
Oct 25, 2012 Start of the company according to the CBE. KBO

In short

From € 204,977 profit in 2021 to € 184,262 profit in 2024.

Paid € 262,479 in corporate taxes since 2021.

Best year ever: 2021, with € 204,977 profit.

Original PDFs at the National Bank ↗

Management

Michaël De Swert

M2M Tec

M3 Adco

Behind M2M Tec is Michaël De Swert. Michaël De Swert is also behind M3 Adco.

Directors

According to the 2024 annual accounts

Michaël De Swert

Director

Also active at: M3 Adco

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Spechtdreef 10

2280 Grobbendonk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

TECHNOCARE

€ 65,332 gross margin · 2025

M3 Adco same network

€ 89,907 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

0500.700.538

VAT number

BE 0500.700.538

Registered office

Spechtdreef 10, 2280 Grobbendonk

Names & denominations

M2M Tec

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 October 2012

Peppol

Active · Active since 19 Nov 2024

Activities · NACE

Groothandel in informatie- en communicatieapparatuur

Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

M2M Tec

Financials

What happened to M2M Tec?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions