Financials
Financial year 2025
M-QUALITY from Ittre, company number BE0764891421, closed financial year 2025 with a result of € 572,856 after tax. For that financial year M-QUALITY recorded a gross margin of € 1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 360,810 to € 572,856. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 1.8 million
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 572,856
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 855,332
▼ 28% 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 € 1.8 million.
People and assets in 2025
€ 79,821
▲ 107% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,720
▲ 115% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 924,722
▲ 19% vs 2024
€ 118,110 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 197,256
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 137,061
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 333,211 | € 722,816 | € 658,286 | € 1,015,238 | ▲ 54% |
| Profit after taxes | € 223,211 | € 463,140 | € 360,810 | € 572,856 | ▲ 59% |
| Equity | € 404,595 | € 867,735 | € 1,228,545 | € 1,801,401 | ▲ 47% |
| Total debts | € 469,972 | € 1,133,325 | € 1,146,368 | € 1,364,612 | ▲ 19% |
| Cash | € 383,859 | € 786,908 | € 1,193,006 | € 855,332 | ▼ 28% |
| Land & buildings | € 21,357 | € 479,783 | € 676,470 | € 851,596 | ▲ 26% |
| Retained profit | € 394,595 | € 857,735 | € 1,218,545 | € 1,791,401 | ▲ 47% |
| Bank debt | € 162,220 | € 603,794 | € 779,309 | € 924,722 | ▲ 19% |
| Balance sheet total | € 874,567 | € 2,001,060 | € 2,374,913 | € 3,166,013 | ▲ 33% |
| Employees (FTE) | - | - | 0.7 | - |
Key figures of M-QUALITY, 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 M-QUALITY?
What happened at M-QUALITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 572,856 (▲ 59% vs 2024). filed late Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Ittre. KBO
- Start of the company according to the CBE. KBO
In short
From € 223,211 profit in 2022 to € 572,856 profit in 2025.
Paid € 535,369 in corporate taxes since 2022.
Best year ever: 2025, with € 572,856 profit.
Management
Behind M-QUALITY is Maxime MAYNE.
Directors
According to the 2025 annual accounts
Maxime MAYNE
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Bruyère du Masy 30
1460 Ittre
Chaussée de Tubize 359
1420 Braine-l'Alleud
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
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Website info
Features
Security
Network
Details
- Company number
- 0764.891.421
- VAT number
- BE 0764.891.421
- Registered office
- Rue de la Bruyère du Masy 30, 1460 Ittre
- Names & denominations
- M-QUALITY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2021
- Peppol
- Active · Active since 8 Dec 2025
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