Financials
Financial year 2025
M26 from Ittre, company number BE0644642501, closed financial year 2025 with a result of € 61,466 after tax. For that financial year M26 recorded a gross margin of € 86,461 and equity of € 118,442. Compared with financial year 2024, the result moved from € 76,147 to € 61,466. The company is profitable. 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 3, 2026.
€ 118,442
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,466
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 133,449
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 4,592
▲ 30% 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.
€ 3,053
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,562
▲ 16% 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 | € 53,569 | € 53,169 | € 105,410 | € 86,461 | ▼ 18% |
| Profit after taxes | € 42,595 | € 23,545 | € 76,147 | € 61,466 | ▼ 19% |
| Equity | € 127,283 | € 90,829 | € 116,976 | € 118,442 | ▲ 1% |
| Total debts | € 28,475 | € 87,107 | € 89,698 | € 45,649 | ▼ 49% |
| Cash | € 127,773 | € 115,531 | € 135,694 | € 133,449 | ▼ 2% |
| Retained profit | € 108,683 | € 72,229 | € 98,376 | € 99,842 | ▲ 1% |
| Dividend | € 0 | € 60,000 | € 50,000 | € 60,000 | ▲ 20% |
| Balance sheet total | € 155,758 | € 177,936 | € 206,674 | € 164,091 | ▼ 21% |
Key figures of M26, 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 M26?
What happened at M26 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,466 (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Ittre. KBO
- Stéphane DORREKENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,595 profit in 2022 to € 61,466 profit in 2025.
Paid € 71,422 in corporate taxes since 2022.
Best year ever: 2024, with € 76,147 profit.
Paid out € 170,000 in dividends to the owners in total.
Management
Behind M26 are Stéphane DORREKENS and Ingrid VANDEN BERGH .
Directors
According to the 2025 annual accounts
Stéphane DORREKENS
Managing director
since 2015
Ingrid VANDEN BERGH
Director
Establishments
Establishment units
Physical locations of this company
Rue des Genêts 12
1460 Ittre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.642.501
- VAT number
- BE 0644.642.501
- Registered office
- Rue des Genêts 12, 1460 Ittre
- Names & denominations
- M26
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2015
- Peppol
- Active · Active since 29 Jun 2026
- Activities · NACE
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