Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M2 PROJECTS from Lokeren, company number BE0713550113, closed financial year 2025 with a result of € 449 after tax. For that financial year M2 PROJECTS recorded a gross margin of € 1,654 and equity of € -860. Compared with financial year 2024, the result moved from € -151 to € 449. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -860
▲ € 449 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 449
▲ still € 151 loss in 2024
Profit after tax over the fiscal year.
€ 416
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -7,060.
Debts at end 2025
€ 182,000
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,782 | € 1,243 | € 763 | € 1,654 | ▲ 117% |
| Profit after taxes | € 428 | € 288 | € -151 | € 449 | ▲ € 600 |
| Equity | € -1,447 | € -1,159 | € -1,309 | € -860 | ▲ € 449 |
| Total debts | € 105,906 | € 187,109 | € 191,533 | € 218,809 | ▲ 14% |
| Cash | € 240 | € 2,332 | € 334 | € 416 | ▲ 25% |
| Retained profit | € -7,647 | € -7,359 | € -7,509 | € -7,060 | ▲ € 449 |
| Bank debt | € 102,000 | € 182,000 | € 182,000 | € 182,000 | |
| Balance sheet total | € 104,459 | € 185,950 | € 190,223 | € 217,949 | ▲ 15% |
Key figures of M2 PROJECTS, 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 M2 PROJECTS?
What happened at M2 PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 449. Source: NBB ↗
- Femke Helon became a director. NBB
- Wouter Mouton became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 428 profit in 2022 to € 449 profit in 2025.
Best year ever: 2025, with € 449 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M2 PROJECTS are Femke Helon and Wouter Mouton. It owns 100% of Model Deco itself.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Heyerstraat 27
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0713.550.113
- VAT number
- BE 0713.550.113
- Registered office
- Heyerstraat 27, 9160 Lokeren
- Names & denominations
- M2 PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2018
- Peppol
- Active · Active since 23 Jul 2025
- Activities · NACE
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