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 36 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M&S Investment from Florenville, company number BE0715957592, closed financial year 2025 with a result of € 449 after tax. For that financial year M&S Investment recorded a gross margin of € 86,918 and equity of € 375,741. Compared with financial year 2024, the result moved from € 17,696 to € 449. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 375,741
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 449
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 41,017
▲ 51% 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 € 375,741.
Debts at end 2025
€ 2.1 million
▲ 121% vs 2024
€ 60,400 is repaid this year. At this pace the long-term loan is gone in ≈ 35 years.
€ 6,136
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,579 | € 91,046 | € 87,452 | € 86,918 | ▼ 1% |
| Profit after taxes | € -17,971 | € 10,502 | € 17,696 | € 449 | ▼ 97% |
| Equity | € 347,095 | € 357,596 | € 375,292 | € 375,741 | |
| Total debts | € 1,294,103 | € 1,265,633 | € 1,509,026 | € 2,464,829 | ▲ 63% |
| Cash | € 10,869 | € 9,218 | € 27,077 | € 41,017 | ▲ 51% |
| Land & buildings | € 1,454,537 | € 1,458,451 | € 1,409,590 | € 1,360,312 | ▼ 3% |
| Retained profit | € 347,095 | € 357,596 | € 375,292 | € 375,741 | |
| Bank debt | € 1,077,299 | € 1,021,227 | € 962,625 | € 2,127,781 | ▲ 121% |
| Balance sheet total | € 1,641,198 | € 1,623,229 | € 1,884,318 | € 2,840,570 | ▲ 51% |
Key figures of M&S Investment, 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&S Investment?
What happened at M&S Investment 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 (▼ 97% vs 2024). filed late Source: NBB ↗
- New establishment in Florenville. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,971 loss in 2022 to € 449 profit in 2025.
Best year ever: 2024, with € 17,696 profit.
Establishments
Establishment units
Physical locations of this company
Rue de Neufchâteau 12
6820 Florenville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.957.592
- VAT number
- BE 0715.957.592
- Registered office
- Rue de Neufchâteau 12, 6820 Florenville
- Names & denominations
- M&S Investment
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2018
- Peppol
- Not registered