What does Team M+ do?

Team M+ is an electrical contractor in Kortenberg. Private Limited, started on 7 December 2020, 1 establishment.

What is the address of Team M+?

The registered office of Team M+ is located at Winkelstraat 37, 3078 Kortenberg.

Is Team M+ still active?

Yes. According to the CBE (29 October 2026) Team M+ is active, legal situation “Normale toestand”, started on 7 December 2020.

Is Team M+ registered on Peppol?

Yes, Team M+ is registered on the Peppol network with ID 0208:0759524846.

What is the enterprise number of Team M+?

The enterprise number of Team M+ is BE0759524846.

When was Team M+ founded?

Team M+ was founded on 7 December 2020.

Who are the directors of Team M+?

According to the 2025 annual accounts, the directors of Team M+ are: Joost Michiels.

Is Team M+ a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 December 2020; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Team M+ make in 2025?

Team M+ recorded a loss after taxes of € 3,322 in financial year 2025.

What is the revenue of Team M+?

As a small company, Team M+ is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -2,962.

Team M+ (Private Limited) - Kortenberg - BE0759524846

Dossier Team M+, printed on 29 October 2026 from databakkes.be/en/0759524846/team-m. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

Team M+ from Kortenberg, company number BE0759524846, closed financial year 2025 with a result of € -3,322 after tax. For that financial year Team M+ recorded a gross margin of € -2,962 and equity of € 154. Compared with financial year 2024, the result moved from € -942 to € -3,322. The company made a loss. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Shrank hard

€ 154

▼ 96% vs 2024

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

Loss Caution

€ -3,322

▼ 253 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,524

▼ 54% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -9,846.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -1,313 Gross margin 2022: € -1,313 First fiscal year in the series	€ -69 Gross margin 2023: € -69 ▲ € 1,244 vs 2022 (€ -1,313) Favourable step	€ -643 Gross margin 2024: € -643 ▼ € 574 vs 2023 (€ -69) Unfavourable step	€ -2,962 Gross margin 2025: € -2,962 ▼ € 2,319 vs 2024 (€ -643) Unfavourable step	▼ € 2,319
Profit after taxes	€ -1,938 Profit after taxes 2022: € -1,938 First fiscal year in the series	€ -637 Profit after taxes 2023: € -637 ▲ € 1,301 vs 2022 (€ -1,938) Favourable step	€ -942 Profit after taxes 2024: € -942 ▼ € 305 vs 2023 (€ -637) Unfavourable step	€ -3,322 Profit after taxes 2025: € -3,322 ▼ € 2,380 vs 2024 (€ -942) Unfavourable step	▼ € 2,380
Equity	€ 5,055 Equity 2022: € 5,055 First fiscal year in the series	€ 4,418 Equity 2023: € 4,418 ▼ 13% vs 2022 (€ 5,055) Unfavourable step	€ 3,476 Equity 2024: € 3,476 ▼ 21% vs 2023 (€ 4,418) Unfavourable step	€ 154 Equity 2025: € 154 ▼ 96% vs 2024 (€ 3,476) Unfavourable step	▼ 96%
Total debts	€ 0 Total debts 2022: € 0 First fiscal year in the series	€ 0 Total debts 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Total debts 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,896 Total debts 2025: € 1,896 Unchanged (€ 0) Unfavourable step
Cash	€ 4,929 Cash 2022: € 4,929 First fiscal year in the series	€ 4,308 Cash 2023: € 4,308 ▼ 13% vs 2022 (€ 4,929) Unfavourable step	€ 3,341 Cash 2024: € 3,341 ▼ 22% vs 2023 (€ 4,308) Unfavourable step	€ 1,524 Cash 2025: € 1,524 ▼ 54% vs 2024 (€ 3,341) Unfavourable step	▼ 54%
Retained profit	€ -4,945 Retained profit 2022: € -4,945 First fiscal year in the series	€ -5,582 Retained profit 2023: € -5,582 ▼ € 637 vs 2022 (€ -4,945) Unfavourable step	€ -6,524 Retained profit 2024: € -6,524 ▼ € 942 vs 2023 (€ -5,582) Unfavourable step	€ -9,846 Retained profit 2025: € -9,846 ▼ € 3,322 vs 2024 (€ -6,524) Unfavourable step	▼ € 3,322
Balance sheet total	€ 5,055 Balance sheet total 2022: € 5,055 First fiscal year in the series	€ 4,418 Balance sheet total 2023: € 4,418 ▼ 13% vs 2022 (€ 5,055) Unchanged	€ 3,476 Balance sheet total 2024: € 3,476 ▼ 21% vs 2023 (€ 4,418) Unchanged	€ 2,049 Balance sheet total 2025: € 2,049 ▼ 41% vs 2024 (€ 3,476) Unchanged	▼ 41%

Key figures of Team M+, 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 Team M+?

What happened at Team M+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: loss of € 3,322. Source: NBB ↗
Jan 2, 2021 New establishment in Kortenberg. KBO
Dec 7, 2020 Start of the company according to the CBE. KBO

In short

From € 1,938 loss in 2022 to € 3,322 loss in 2025.

Original PDFs at the National Bank ↗

Management

Joost Michiels

Team M+

The Finest

RENOCONCEPT

Behind Team M+ is Joost Michiels. Joost Michiels is also behind The Finest and RENOCONCEPT.

Directors

According to the 2025 annual accounts

Joost Michiels

Director

Also active at: The Finest, RENOCONCEPT

Establishments

Establishment units

Physical locations of this company

Registered office

Winkelstraat 37

3078 Kortenberg

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 →

RENOCONCEPT same network

€ 425,634 gross margin · 2025

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

Details

Company number: 0759.524.846
VAT number: BE 0759.524.846
Registered office: Winkelstraat 37, 3078 Kortenberg
Names & denominations: Team M+
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 7 December 2020
Peppol: Active · Active since 24 Oct 2025
Contact: belgiumgreenpower.be [email protected]
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗