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.
Financials
Financial year 2025
Feluy M2M from Farciennes, company number BE0749887303, closed financial year 2025 with a result of € 48,214 after tax. For that financial year Feluy M2M recorded a gross margin of € 406,993 and equity of € -10,364. Compared with financial year 2024, the result moved from € -29,986 to € 48,214. 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 July 23, 2026.
€ -10,364
▲ € 48,214 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,214
▲ still € 29,986 loss in 2024
Profit after tax over the fiscal year.
€ 62,371
▲ 31% 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 € -710,364.
Debts at end 2025
€ 5.5 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 342,863
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,693
▼ 94% 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 36,459 | € 161,921 | - | |
| Gross margin | - | - | - | € 406,993 | |
| Profit after taxes | € -193,002 | € -116,138 | € -29,986 | € 48,214 | ▲ € 78,200 |
| Equity | € 87,546 | € -28,592 | € -58,578 | € -10,364 | ▲ € 48,214 |
| Total debts | € 561,902 | € 4,824,429 | € 14,908,194 | € 15,328,721 | ▲ 3% |
| Cash | € 14,600 | € 25,528 | € 47,505 | € 62,371 | ▲ 31% |
| Retained profit | € -612,454 | € -728,592 | € -758,578 | € -710,364 | ▲ € 48,214 |
| Bank debt | € 0 | € 4,656,000 | € 5,900,000 | € 5,500,000 | ▼ 7% |
| Balance sheet total | € 649,448 | € 4,795,836 | € 14,849,615 | € 15,318,357 | ▲ 3% |
Key figures of Feluy M2M, 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 Feluy M2M?
What happened at Feluy M2M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,214. Source: NBB ↗
- Geneviève FINET stepped down as director. NBB
- Benoit LEFEBVRE stepped down as director. NBB
- Caroline DECAMPS stepped down as director. NBB
- Nicolas DOISON stepped down as director. NBB
- Denis DROUSIE stepped down as director. NBB
- Christophe WANTY stepped down as director. NBB
- Nicolas DOISON became a director. NBB
In short
From € 193,002 loss in 2022 to € 48,214 profit in 2025.
Best year ever: 2025, with € 48,214 profit.
Management
The stake of Blue Site, "I.D.E.A. S.C" comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Feluy M2MThe shares are held by Blue Site (52%) and "I.D.E.A. S.C" (48%).
Directors
According to the 2025 annual accounts
Geneviève FINET
Director
since 2020 · until 2026
since 2020 · until 2026
Caroline DECAMPS
Director
Also active at: Centre d'Informatique du Hainaut, SPARKOH!, Forum for cleantech, Wallonie Entreprendre, Société digitale des Eaux de Wallonie, Val'Up
since 2020 · until 2026
since 2022 · until 2026
Denis DROUSIE
Director
Also active at: MISSION REGIONALE POUR L'INSERTION ET L'EMPLOI A CHARLEROI, GROND RECYCLAGE CENTRUM, Blue Site, SEDISOL
since 2020 · until 2026
Christophe WANTY
Director
Also active at: SCOLAS, JACQUES EXPLOITATIONS, Société Générale de Cautionnement - Algemene Borgstellingen, INGENIERIE ET CONSTRUCTION MASSET, ANCIENS ETABLISSEMENTS HENRI DEBLIQUIT, ETS E. RONVEAUX, COMPAGNIE FINANCIERE DE TRAVAUX PUBLICS ET AGREGATS, Ceramat +14 more
since 2020 · until 2026
Shareholders
52%
48%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Neuville 100
6240 Farciennes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DEME ENVIRONNEMENT
€ 36.1 million revenue · 2025
ECOTERRES GROUPE
Blue Site same network
€ 717,223 gross margin · 2025
S.M. DEME Environnement - Envirowall
Société de Reconversion de la Cokerie d’Ougrée
€ 1.2 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0749.887.303
- VAT number
- BE 0749.887.303
- Registered office
- Rue de la Neuville 100, 6240 Farciennes
- Names & denominations
- Feluy M2M
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2020
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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