What does THE M-GROUP do?

THE M-GROUP is a road haulage company in Elsene. Private Limited, started on 1 July 2019, 1 establishment.

What is the address of THE M-GROUP?

The registered office of THE M-GROUP is located at Elsense Steenweg 204, 1050 Elsene.

Is THE M-GROUP still active?

Yes. According to the CBE (28 September 2026) THE M-GROUP is active, legal situation “Normale toestand”, started on 1 July 2019.

Is THE M-GROUP registered on Peppol?

Yes, THE M-GROUP is registered on the Peppol network with ID 0208:0729621033.

What is the enterprise number of THE M-GROUP?

The enterprise number of THE M-GROUP is BE0729621033.

When was THE M-GROUP founded?

THE M-GROUP was founded on 1 July 2019.

Is THE M-GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 2019; 5 annual accounts filed, latest fiscal year 2024.

How much profit did THE M-GROUP make in 2024?

THE M-GROUP posted a profit after taxes of € 8,055 in financial year 2024.

What is the revenue of THE M-GROUP?

As a small company, THE M-GROUP is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 59,977.

THE M-GROUP (Private Limited) - Elsene - BE0729621033

Dossier THE M-GROUP, printed on 28 September 2026 from databakkes.be/en/0729621033/the-m-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023.
Busy address KBO

28 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

THE M-GROUP from Elsene, company number BE0729621033, closed financial year 2024 with a result of € 8,055 after tax. For that financial year THE M-GROUP recorded a gross margin of € 59,977 and equity of € 76,231. Compared with financial year 2023, the result moved from € 12,600 to € 8,055. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2025.

What it is worth Growing

€ 76,231

▲ 12% vs 2023

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

Profit Healthy

€ 8,055

▼ 36% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 2,269

▼ 67% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 73,231.

People and assets in 2024

Vehicles and equipment

€ 55,383

▲ € 51,797 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Taxes

€ 6,897

▲ 64% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 18,550 Gross margin 2021: € 18,550 First fiscal year in the series	€ 34,600 Gross margin 2022: € 34,600 ▲ 87% vs 2021 (€ 18,550) Favourable step	€ 46,602 Gross margin 2023: € 46,602 ▲ 35% vs 2022 (€ 34,600) Favourable step	€ 59,977 Gross margin 2024: € 59,977 ▲ 29% vs 2023 (€ 46,602) Favourable step	▲ 29%
Profit after taxes	€ 12,400 Profit after taxes 2021: € 12,400 First fiscal year in the series	€ 25,976 Profit after taxes 2022: € 25,976 ▲ 109% vs 2021 (€ 12,400) Favourable step	€ 12,600 Profit after taxes 2023: € 12,600 ▼ 51% vs 2022 (€ 25,976) Unfavourable step	€ 8,055 Profit after taxes 2024: € 8,055 ▼ 36% vs 2023 (€ 12,600) Unfavourable step	▼ 36%
Equity	€ 29,599 Equity 2021: € 29,599 First fiscal year in the series	€ 55,575 Equity 2022: € 55,575 ▲ 88% vs 2021 (€ 29,599) Favourable step	€ 68,175 Equity 2023: € 68,175 ▲ 23% vs 2022 (€ 55,575) Favourable step	€ 76,231 Equity 2024: € 76,231 ▲ 12% vs 2023 (€ 68,175) Favourable step	▲ 12%
Total debts	€ 40,394 Total debts 2021: € 40,394 First fiscal year in the series	€ 22,906 Total debts 2022: € 22,906 ▼ 43% vs 2021 (€ 40,394) Favourable step	€ 55,449 Total debts 2023: € 55,449 ▲ 142% vs 2022 (€ 22,906) Unfavourable step	€ 195,925 Total debts 2024: € 195,925 ▲ 253% vs 2023 (€ 55,449) Unfavourable step	▲ 253%
Cash	€ 6,533 Cash 2021: € 6,533 First fiscal year in the series	€ 7,100 Cash 2022: € 7,100 ▲ 9% vs 2021 (€ 6,533) Favourable step	€ 6,840 Cash 2023: € 6,840 ▼ 4% vs 2022 (€ 7,100) Unfavourable step	€ 2,269 Cash 2024: € 2,269 ▼ 67% vs 2023 (€ 6,840) Unfavourable step	▼ 67%
Retained profit	€ 26,599 Retained profit 2021: € 26,599 First fiscal year in the series	€ 52,575 Retained profit 2022: € 52,575 ▲ 98% vs 2021 (€ 26,599) Favourable step	€ 65,175 Retained profit 2023: € 65,175 ▲ 24% vs 2022 (€ 52,575) Favourable step	€ 73,231 Retained profit 2024: € 73,231 ▲ 12% vs 2023 (€ 65,175) Favourable step	▲ 12%
Balance sheet total	€ 69,993 Balance sheet total 2021: € 69,993 First fiscal year in the series	€ 78,481 Balance sheet total 2022: € 78,481 ▲ 12% vs 2021 (€ 69,993) Unchanged	€ 123,624 Balance sheet total 2023: € 123,624 ▲ 58% vs 2022 (€ 78,481) Unchanged	€ 272,155 Balance sheet total 2024: € 272,155 ▲ 120% vs 2023 (€ 123,624) Unchanged	▲ 120%

Key figures of THE M-GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to THE M-GROUP?

What happened at THE M-GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 30, 2025 New annual accounts for financial year 2024: profit of € 8,055 (▼ 36% vs 2023). filed late Source: NBB ↗
Jul 1, 2019 New establishment in Elsene. KBO
Jul 1, 2019 Start of the company according to the CBE. KBO

In short

From € 12,400 profit in 2021 to € 8,055 profit in 2024.

Paid € 15,157 in corporate taxes since 2021.

Best year ever: 2022, with € 25,976 profit.

Original PDFs at the National Bank ↗

A new publication or filing at THE M-GROUP? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Establishments

Establishment units

Physical locations of this company

Registered office

Elsense Steenweg 204

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.

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

Details

Company number

0729.621.033

VAT number

BE 0729.621.033

Registered office

Elsense Steenweg 204, 1050 Elsene

Names & denominations

THE M-GROUP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 July 2019

Peppol

Active · Active since 28 Jan 2026

Activities · NACE

Goederenvervoer over de weg

Groothandel in andere voedingsmiddelen, neg

Algemene reiniging van gebouwen

Logistieke diensten

Groothandel in dranken, algemeen assortiment

Groothandel in spijsoliën en -vetten

Andere reinigingsactiviteiten

Groothandel in voedsel voor huisdieren

+10

View on CBE Public ↗ Annual accounts (NBB) ↗