What does ML2Grow do?

ML2Grow is an IT company in Gent. Public Limited, started on 8 June 2017, 1 establishment.

What is the address of ML2Grow?

The registered office of ML2Grow is located at Victoriastraat 52, 9000 Gent.

Is ML2Grow still active?

Yes. According to the CBE (29 October 2026) ML2Grow is active, legal situation “Normale toestand”, started on 8 June 2017.

Is ML2Grow registered on Peppol?

Yes, ML2Grow is registered on the Peppol network with ID 0208:0676644086.

What is the enterprise number of ML2Grow?

The enterprise number of ML2Grow is BE0676644086.

When was ML2Grow founded?

ML2Grow was founded on 8 June 2017.

Who are the directors of ML2Grow?

According to the 2025 annual accounts, the directors of ML2Grow are: Jan De Bock BV, Steven Lenaerts BV, Mu Services BV.

Is ML2Grow a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 June 2017; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did ML2Grow make in 2025?

ML2Grow posted a profit after taxes of € 10,489 in financial year 2025.

What is the revenue of ML2Grow?

As a small company, ML2Grow is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 500,884.

How much does an employee at ML2Grow earn?

The average wage cost per full-time employee at ML2Grow was € 65,400 in 2023: staff costs of € 438,234 for 6.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

ML2Grow (Public Limited) - Gent - BE0676644086

Dossier ML2Grow, printed on 29 October 2026 from databakkes.be/en/0676644086/ml2grow. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ML2Grow from Gent, company number BE0676644086, closed financial year 2025 with a result of € 10,489 after tax. For that financial year ML2Grow recorded a gross margin of € 500,884 and equity of € 222,653. Compared with financial year 2024, the result moved from € 112 to € 10,489. Profitable, and profit is growing. 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 May 19, 2026.

What it is worth Growing

€ 222,653

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 10,489

▲ € 10,376 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 107,340

▲ 226% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 14,103.

People and assets in 2025

Wage cost

€ 442,479

▲ 31% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,250

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 7,517

▼ 77% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 19,820

▼ 62% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 105,103

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 249,420 Gross margin 2022: € 249,420 First fiscal year in the series	€ 427,774 Gross margin 2023: € 427,774 ▲ 72% vs 2022 (€ 249,420) Favourable step	€ 385,656 Gross margin 2024: € 385,656 ▼ 10% vs 2023 (€ 427,774) Unfavourable step	€ 500,884 Gross margin 2025: € 500,884 ▲ 30% vs 2024 (€ 385,656) Favourable step	▲ 30%
Profit after taxes	€ -144,147 Profit after taxes 2022: € -144,147 First fiscal year in the series	€ 191,870 Profit after taxes 2023: € 191,870 ▲ € 336,017 vs 2022 (€ -144,147) Favourable step	€ 112 Profit after taxes 2024: € 112 ▼ € 191,757 vs 2023 (€ 191,870) Unfavourable step	€ 10,489 Profit after taxes 2025: € 10,489 ▲ € 10,376 vs 2024 (€ 112) Favourable step	▲ € 10,376
Equity	€ 20,183 Equity 2022: € 20,183 First fiscal year in the series	€ 212,052 Equity 2023: € 212,052 ▲ € 191,870 vs 2022 (€ 20,183) Favourable step	€ 212,165 Equity 2024: € 212,165 Unchanged (€ 212,052) Favourable step	€ 222,653 Equity 2025: € 222,653 ▲ 5% vs 2024 (€ 212,165) Favourable step	▲ 5%
Total debts	€ 544,947 Total debts 2022: € 544,947 First fiscal year in the series	€ 336,851 Total debts 2023: € 336,851 ▼ 38% vs 2022 (€ 544,947) Favourable step	€ 220,924 Total debts 2024: € 220,924 ▼ 34% vs 2023 (€ 336,851) Favourable step	€ 183,920 Total debts 2025: € 183,920 ▼ 17% vs 2024 (€ 220,924) Favourable step	▼ 17%
Cash	€ 58,355 Cash 2022: € 58,355 First fiscal year in the series	€ 65,919 Cash 2023: € 65,919 ▲ 13% vs 2022 (€ 58,355) Favourable step	€ 32,968 Cash 2024: € 32,968 ▼ 50% vs 2023 (€ 65,919) Unfavourable step	€ 107,340 Cash 2025: € 107,340 ▲ 226% vs 2024 (€ 32,968) Favourable step	▲ 226%
Land & buildings	€ 3,802 Land & buildings 2022: € 3,802 First fiscal year in the series	€ 3,413 Land & buildings 2023: € 3,413 ▼ 10% vs 2022 (€ 3,802) Unchanged	€ 3,024 Land & buildings 2024: € 3,024 ▼ 11% vs 2023 (€ 3,413) Unchanged	€ 2,635 Land & buildings 2025: € 2,635 ▼ 13% vs 2024 (€ 3,024) Unchanged	▼ 13%
Retained profit	€ -188,367 Retained profit 2022: € -188,367 First fiscal year in the series	€ 3,502 Retained profit 2023: € 3,502 ▲ € 191,870 vs 2022 (€ -188,367) Favourable step	€ 3,615 Retained profit 2024: € 3,615 ▲ 3% vs 2023 (€ 3,502) Favourable step	€ 14,103 Retained profit 2025: € 14,103 ▲ 290% vs 2024 (€ 3,615) Favourable step	▲ 290%
Bank debt	€ 345,770 Bank debt 2022: € 345,770 First fiscal year in the series	€ 32,011 Bank debt 2023: € 32,011 ▼ 91% vs 2022 (€ 345,770) Favourable step	€ 32,896 Bank debt 2024: € 32,896 ▲ 3% vs 2023 (€ 32,011) Unfavourable step	€ 7,517 Bank debt 2025: € 7,517 ▼ 77% vs 2024 (€ 32,896) Favourable step	▼ 77%
Balance sheet total	€ 565,130 Balance sheet total 2022: € 565,130 First fiscal year in the series	€ 548,904 Balance sheet total 2023: € 548,904 ▼ 3% vs 2022 (€ 565,130) Unchanged	€ 433,089 Balance sheet total 2024: € 433,089 ▼ 21% vs 2023 (€ 548,904) Unchanged	€ 406,574 Balance sheet total 2025: € 406,574 ▼ 6% vs 2024 (€ 433,089) Unchanged	▼ 6%
Employees (FTE)	7.3 Employees (FTE) 2022: 7.3 First fiscal year in the series	6.7 Employees (FTE) 2023: 6.7 ▼ 0.6 vs 2022 (7.3) Unchanged	-	-

Key figures of ML2Grow, 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 ML2Grow?

What happened at ML2Grow in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 19, 2026 New annual accounts for financial year 2025: profit of € 10,489 (▲ € 10,376 vs 2024). Source: NBB ↗
2026 Jan De Bock BV became a director. NBB
2026 Steven Lenaerts BV became a director. NBB
Jun 8, 2017 New establishment in Gent. KBO
Jun 8, 2017 Start of the company according to the CBE. KBO

In short

From € 144,147 loss in 2022 to € 10,489 profit in 2025.

Paid € 37,689 in corporate taxes since 2022.

Best year ever: 2023, with € 191,870 profit.

On average € 63,800 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

INVIBES ADVERTISING 62.3%

The stake of INVIBES ADVERTISING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ML2Grow

Behind ML2Grow are Jan De Bock BV, Steven Lenaerts BV and Mu Services BV. The shares are held by INVIBES ADVERTISING (62.3%).

Directors

According to the 2025 annual accounts

Jan De Bock BV

Director · represented by Jan De Bock

Also active at: DELAWARE CONSULTING

since 2026

Steven Lenaerts BV

Director · represented by Steven Lenaerts

Also active at: DELAWARE CONSULTING, UZE

since 2026

Mu Services BV

Managing director · represented by Joachim Van der Herten

Also active at: DELAWARE CONSULTING, Ampère

Shareholders

INVIBES ADVERTISING

62.3%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Victoriastraat 52

9000 Gent

2.264.997.510

Reigerstraat 8

9000 Gent

Active since 8 June 2017

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0676.644.086

VAT number

BE 0676.644.086

Registered office

Victoriastraat 52, 9000 Gent

Names & denominations

ML2Grow

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 June 2017

Peppol

Active · Active since 6 Jan 2026

Activities · NACE

Overige diensten op het gebied van informatietechnologie en computer

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Literaire creatie

Detailhandel in ICT-apparatuur

Overige vormen van onderwijs

Mediarepresentatie

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

ML2Grow

Financials

What happened to ML2Grow?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions