Financials
Financial year 2025
M Service from Affligem, company number BE0668487178, closed financial year 2025 with a result of € 299,074 after tax. For that financial year M Service recorded a gross margin of € -3,472 and equity of € 783,219. Compared with financial year 2024, the result moved from € 372,238 to € 299,074. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 783,219
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 299,074
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 79,877
▲ 167% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
100 % of the profit went to the shareholders, mostly to R&M Projects (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 38,243
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,258 | € 80,763 | € -4,434 | € -3,472 | ▲ € 962 |
| Profit after taxes | € 31,672 | € 205,859 | € 372,238 | € 299,074 | ▼ 20% |
| Equity | € 1,050,369 | € 761,907 | € 784,145 | € 783,219 | |
| Total debts | € 386,121 | € 11,367 | € 76,711 | € 39,198 | ▼ 49% |
| Cash | € 790,351 | € 16,711 | € 29,894 | € 79,877 | ▲ 167% |
| Retained profit | € 750,369 | € 461,907 | € 484,145 | € 483,219 | |
| Dividend | € 0 | € 494,320 | € 350,000 | € 300,000 | ▼ 14% |
| Bank debt | € 0 | € 0 | € 75,000 | € 38,243 | ▼ 49% |
| Balance sheet total | € 1,436,489 | € 773,274 | € 860,856 | € 822,417 | ▼ 4% |
Key figures of M Service, 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 M Service?
What happened at M Service in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 299,074 (▼ 20% vs 2024). Source: NBB ↗
- Bart De Meersman became a director. NBB
- New establishment in Affligem. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,672 profit in 2022 to € 299,074 profit in 2025.
Paid € 34,041 in corporate taxes since 2022.
Best year ever: 2024, with € 372,238 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of R&M Projects comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M ServiceBehind M Service is Bart De Meersman. The shares are held by R&M Projects (100%). It owns 50% of Isofloor itself.
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Wijk Pelink 51
1790 Affligem
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
- 0668.487.178
- VAT number
- BE 0668.487.178
- Registered office
- Wijk Pelink 51, 1790 Affligem
- Names & denominations
- M Service
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
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Handel in eigen onroerend goed
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