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 58 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
M2E from Malmedy, company number BE0645753150, closed financial year 2026 with a result of € 96,133 after tax. For that financial year M2E recorded a gross margin of € 121,696 and equity of € 18,600. Compared with financial year 2025, the result moved from € 79,550 to € 96,133. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ 18,600
▼ 49% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,133
▲ 21% vs 2025
Profit after tax over the fiscal year.
€ 4,559
▼ 17% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 114,133 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 716
▼ 81% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 14,561
▼ 15% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 98,651 | € 98,873 | € 108,080 | € 121,696 | ▲ 13% |
| Profit after taxes | € 76,604 | € 74,717 | € 79,550 | € 96,133 | ▲ 21% |
| Equity | € 128,460 | € 126,600 | € 36,600 | € 18,600 | ▼ 49% |
| Total debts | € 204,909 | € 224,439 | € 368,407 | € 344,567 | ▼ 6% |
| Cash | € 24,033 | € 7,632 | € 5,505 | € 4,559 | ▼ 17% |
| Retained profit | € 109,860 | € 108,000 | € 18,000 | € 0 | ▼ 100% |
| Dividend | € 138,404 | € 76,577 | € 169,550 | € 114,133 | ▼ 33% |
| Balance sheet total | € 333,369 | € 351,039 | € 405,007 | € 363,167 | ▼ 10% |
Key figures of M2E, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to M2E?
What happened at M2E in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 96,133 (▲ 21% vs 2025). Source: NBB ↗
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,604 profit in 2023 to € 96,133 profit in 2026.
Paid € 93,279 in corporate taxes since 2023.
Best year ever: 2026, with € 96,133 profit.
Paid out € 498,665 in dividends to the owners in total.
Management
Behind M2E is Eric Mertens.
Directors
According to the 2026 annual accounts
Eric Mertens
Director
Establishments
Establishment units
Physical locations of this company
Burnenville-Chemin du Paradis 16
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.753.150
- VAT number
- BE 0645.753.150
- Registered office
- Burnenville-Chemin du Paradis 16, 4960 Malmedy
- Names & denominations
- M2E
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2016
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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