Financials
Financial year 2025
M2 from Gent, company number BE0748851282, closed financial year 2025 with a result of € -38,030 after tax. For that financial year M2 recorded a gross margin of € -27,320 and equity of € 58,131. Compared with financial year 2024, the result moved from € 644 to € -38,030. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 58,131
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,030
▼ still € 644 profit in 2024
Profit after tax over the fiscal year.
€ 27,338
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 57,131.
People and assets in 2025
€ 2,841
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,250
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 257
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,529 | € 18,051 | € 15,329 | € -27,320 | ▼ € 42,649 |
| Profit after taxes | € 41,341 | € 8,904 | € 644 | € -38,030 | ▼ € 38,674 |
| Equity | € 92,698 | € 98,902 | € 97,828 | € 58,131 | ▼ 41% |
| Total debts | € 54,329 | € 30,407 | € 17,259 | € 7,173 | ▼ 58% |
| Cash | € 88,301 | € 81,745 | € 68,485 | € 27,338 | ▼ 60% |
| Retained profit | € 91,698 | € 97,902 | € 96,828 | € 57,131 | ▼ 41% |
| Dividend | € 1,600 | € 2,700 | € 1,718 | € 1,666 | ▼ 3% |
| Balance sheet total | € 147,026 | € 129,308 | € 115,087 | € 65,305 | ▼ 43% |
Key figures of M2, 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?
What happened at M2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,030 (▼ € 38,674 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Charlotte Vanovenberghe became a director. NBB
- Brecht Decroos became a director. NBB
In short
From € 41,341 profit in 2022 to € 38,030 loss in 2025.
Paid € 20,542 in corporate taxes since 2022.
Best year ever: 2022, with € 41,341 profit.
Paid out € 7,684 in dividends to the owners in total.
Management
Behind M2 are Charlotte Vanovenberghe and Brecht Decroos.
Directors
According to the 2025 annual accounts
Charlotte Vanovenberghe
Director
since 2020
Brecht Decroos
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Emanuel Hielstraat 73
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Decroos Brecht Hans Adriaan(oprichter) 50%
- Vanovenberghe Charlotte Marieke Danny(oprichter) 50%
Details
- Company number
- 0748.851.282
- VAT number
- BE 0748.851.282
- Registered office
- Emanuel Hielstraat 73, 9050 Gent
- Names & denominations
- M2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2020
- Peppol
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