Financials
Financial year 2025
Project M³ from Mortsel, company number BE0646808569, closed financial year 2025 with a result of € 77,988 after tax. For that financial year Project M³ recorded a gross margin of € 102,426 and equity of € 20,790. Compared with financial year 2024, the result moved from € 63,632 to € 77,988. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 20,790
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,988
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 38,739
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,988 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,481
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,679
▼ 34% vs 2024
€ 8,126 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,032
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,147
▼ 1% 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 | € 67,859 | € 85,062 | € 91,144 | € 102,426 | ▲ 12% |
| Profit after taxes | € 49,307 | € 55,810 | € 63,632 | € 77,988 | ▲ 23% |
| Equity | € 20,790 | € 20,790 | € 20,790 | € 20,790 | |
| Total debts | € 94,239 | € 101,489 | € 102,326 | € 108,847 | ▲ 6% |
| Cash | € 47,749 | € 42,205 | € 38,213 | € 38,739 | ▲ 1% |
| Dividend | € 49,307 | € 55,810 | € 63,632 | € 77,988 | ▲ 23% |
| Bank debt | € 39,357 | € 31,579 | € 23,687 | € 15,679 | ▼ 34% |
| Balance sheet total | € 115,029 | € 122,279 | € 123,116 | € 129,637 | ▲ 5% |
Key figures of Project M³, 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 Project M³?
What happened at Project M³ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,988 (▲ 23% vs 2024). Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,307 profit in 2022 to € 77,988 profit in 2025.
Paid € 64,049 in corporate taxes since 2022.
Best year ever: 2025, with € 77,988 profit.
Paid out € 246,738 in dividends to the owners in total.
Management
Behind Project M³ is RONNY MACHARIS.
Directors
According to the 2025 annual accounts
RONNY MACHARIS
Director
Establishments
Establishment units
Physical locations of this company
Antwerpsestraat 265
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.808.569
- VAT number
- BE 0646.808.569
- Registered office
- Antwerpsestraat 265, 2640 Mortsel
- Names & denominations
- Project M³
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2016
- Peppol
- Active · Active since 27 Mar 2026
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