Financials
Financial year 2024
M18X from Sint-Niklaas, company number BE0753911021, closed financial year 2024 with a result of € 117,458 after tax. For that financial year M18X recorded a gross margin of € 160,584 and equity of € 143,351. Compared with financial year 2023, the result moved from € 115,850 to € 117,458. Profitable, and profit is growing. 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 July 31, 2025.
€ 143,351
▼ 48% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,458
▲ 1% vs 2023
Profit after tax over the fiscal year.
€ 13,841
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,793
▲ 65% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 11,050
▲ € 10,921 vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 100,141 | € 110,105 | € 156,581 | € 160,584 | ▲ 3% |
| Profit after taxes | € 77,194 | € 81,349 | € 115,850 | € 117,458 | ▲ 1% |
| Equity | € 78,694 | € 160,043 | € 275,893 | € 143,351 | ▼ 48% |
| Total debts | € 66,245 | € 119,446 | € 55,854 | € 11,050 | ▼ 80% |
| Cash | € 116,684 | € 174,849 | € 226,323 | € 13,841 | ▼ 94% |
| Land & buildings | - | € 73,500 | € 80,752 | € 78,064 | ▼ 3% |
| Retained profit | € 77,194 | € 158,543 | € 274,393 | € 141,851 | ▼ 48% |
| Dividend | € 0 | € 0 | € 0 | € 250,000 | |
| Balance sheet total | € 144,939 | € 279,489 | € 331,747 | € 154,401 | ▼ 53% |
Key figures of M18X, 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 M18X?
What happened at M18X in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 117,458 (▲ 1% vs 2023). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,194 profit in 2021 to € 117,458 profit in 2024.
Paid € 106,312 in corporate taxes since 2021.
Best year ever: 2024, with € 117,458 profit.
Paid out € 250,000 in dividends to the owners in total.
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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
Directors
According to the 2024 annual accounts
Xavier Geerinck
Director
Establishments
Establishment units
Physical locations of this company
Zonnestraat 93
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0753.911.021
- VAT number
- BE 0753.911.021
- Registered office
- Zonnestraat 93, 9100 Sint-Niklaas
- Names & denominations
- M18X
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2020
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- m18x.com
- Activities · NACE
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