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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M+ Ballooning from Hamme (Vl.), company number BE0732998910, closed financial year 2025 with a result of € -1,736 after tax. For that financial year M+ Ballooning recorded a gross margin of € 6,464 and equity of € -6,883. Compared with financial year 2024, the result moved from € -5,002 to € -1,736. The company made a loss. 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 March 31, 2026.
€ -6,883
▼ € 1,736 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,736
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,348
▲ € 5,637 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,383.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,266 | € 11,261 | € 7,806 | € 6,464 | ▼ 17% |
| Profit after taxes | € -2,728 | € -1,610 | € -5,002 | € -1,736 | ▲ € 3,266 |
| Equity | € 1,465 | € -145 | € -5,147 | € -6,883 | ▼ € 1,736 |
| Total debts | € 33,528 | € 24,817 | € 15,417 | € 15,411 | |
| Cash | € 2,697 | € 4,375 | € 1,710 | € 7,348 | ▲ € 5,637 |
| Retained profit | € -1,035 | € -2,645 | € -7,647 | € -9,383 | ▼ € 1,736 |
| Bank debt | € 30,542 | € 20,546 | € 10,366 | € 0 | ▼ 100% |
| Balance sheet total | € 34,993 | € 24,673 | € 10,270 | € 8,527 | ▼ 17% |
Key figures of M+ Ballooning, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M+ Ballooning?
What happened at M+ Ballooning in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,736. Source: NBB ↗
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
- Alex METTEPENNINGEN became a director. NBB
- Hendrik MYS became a director. NBB
In short
From € 2,728 loss in 2022 to € 1,736 loss in 2025.
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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 M+ Ballooning are Alex METTEPENNINGEN and Hendrik MYS.
Directors
According to the 2025 annual accounts
Alex METTEPENNINGEN
Bestuurder
since 2019
Hendrik MYS
Bestuurder
since 2019
Establishments
Establishment units
Physical locations of this company
Priester Edward Poppestraat 29a
9220 Hamme (Vl.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0732.998.910
- VAT number
- BE 0732.998.910
- Registered office
- Priester Edward Poppestraat 29a, 9220 Hamme (Vl.)
- Names & denominations
- M+ Ballooning
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
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