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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M-A from Beauvechain, company number BE0534807718, closed financial year 2025 with a result of € -17,023 after tax. For that financial year M-A recorded a gross margin of € -214 and equity of € -151,065. Compared with financial year 2024, the result moved from € -42,259 to € -17,023. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ -151,065
▼ € 17,023 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,023
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 67
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -491,065.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37,673
▼ 26% 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.
€ 18,283
Supplier invoices still open on the last day of the fiscal year.
€ 1,773
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 | € 50,304 | € 16,575 | € -9,555 | € -214 | ▲ € 9,342 |
| Profit after taxes | € -29,659 | € -48,532 | € -42,259 | € -17,023 | ▲ € 25,235 |
| Equity | € -43,251 | € -91,783 | € -134,042 | € -151,065 | ▼ € 17,023 |
| Total debts | € 182,111 | € 222,002 | € 252,683 | € 252,518 | |
| Cash | € 32,993 | € 11,105 | € 982 | € 67 | ▼ 93% |
| Land & buildings | € 16,576 | € 16,576 | € 13,531 | € 10,486 | ▼ 23% |
| Retained profit | € -383,251 | € -431,783 | € -474,042 | € -491,065 | ▼ € 17,023 |
| Balance sheet total | € 138,860 | € 130,219 | € 118,641 | € 101,453 | ▼ 14% |
Key figures of M-A, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M-A?
What happened at M-A in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,023. Source: NBB ↗
- New establishment in Beauvechain. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,659 loss in 2022 to € 17,023 loss in 2025.
Management
Behind M-A is PIERRE-YVES CUVELIER. PIERRE-YVES CUVELIER is also behind VIVADIS-DIRECT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue des Cerisiers,H.-M. 24
1320 Beauvechain
Avenue du Centenaire,H.-M. 5 box B
1320 Beauvechain
Active since 30 May 2013
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0534.807.718
- VAT number
- BE 0534.807.718
- Registered office
- Avenue des Cerisiers,H.-M. 24, 1320 Beauvechain
- Names & denominations
- M-A
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 27 May 2013
- Peppol
- Not registered
- Activities · NACE
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