Financials
Financial year 2025
M2L@HOME from Wervik, company number BE0770791395, closed financial year 2025 with a result of € 9,781 after tax. For that financial year M2L@HOME recorded a gross margin of € 42,155 and equity of € 35,908. Compared with financial year 2024, the result moved from € -114,569 to € 9,781. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 35,908
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,781
▲ still € 114,569 loss in 2024
Profit after tax over the fiscal year.
€ 50,088
▼ 58% 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 € 32,908.
People and assets in 2025
€ 28,071
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 136,995
▼ 26% vs 2024
€ 50,940 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,813
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,904
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 111,524 | € 85,938 | € 72,760 | € 42,155 | ▼ 42% |
| Profit after taxes | € 79,427 | € 40,053 | € -114,569 | € 9,781 | ▲ € 124,350 |
| Equity | € 100,642 | € 140,695 | € 26,126 | € 35,908 | ▲ 37% |
| Total debts | € 499,458 | € 495,732 | € 220,498 | € 150,713 | ▼ 32% |
| Cash | € 1,656 | € 18,720 | € 120,260 | € 50,088 | ▼ 58% |
| Land & buildings | - | € 9,082 | € 7,506 | € 5,495 | ▼ 27% |
| Retained profit | € 97,642 | € 137,695 | € 23,126 | € 32,908 | ▲ 42% |
| Bank debt | € 370,000 | € 351,501 | € 185,446 | € 136,995 | ▼ 26% |
| Balance sheet total | € 600,100 | € 636,427 | € 246,624 | € 186,621 | ▼ 24% |
Key figures of M2L@HOME, 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 M2L@HOME?
What happened at M2L@HOME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,781. Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
- Jan VANDERPLANCKE became a director. NBB
- Annemie DURNEZ became a director. NBB
In short
From € 79,427 profit in 2022 to € 9,781 profit in 2025.
Paid € 51,147 in corporate taxes since 2022.
Best year ever: 2022, with € 79,427 profit.
Management
Behind M2L@HOME are Jan VANDERPLANCKE and Annemie DURNEZ. It owns 12.5% of VITELO BV itself.
Directors
According to the 2025 annual accounts
since 2021
Annemie DURNEZ
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Brugstraat 3
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.791.395
- VAT number
- BE 0770.791.395
- Registered office
- Brugstraat 3, 8940 Wervik
- Names & denominations
- M2L@HOME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2021
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Literaire creatie
Detailhandel in cultuur- en recreatieartikelen, neg
Scheppende kunsten, m.u.v. ondersteunende diensten
Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels