M3S is a property company in Ittre. Private Limited, started on 17 June 2022, 1 establishment.

What is the address of M3S?

The registered office of M3S is located at Rue d'Asquempont 2, 1460 Ittre.

Yes. According to the CBE (29 October 2026) M3S is active, legal situation “Normale toestand”, started on 17 June 2022.

Is M3S registered on Peppol?

Yes, M3S is registered on the Peppol network with ID 0208:0787389679.

What is the enterprise number of M3S?

The enterprise number of M3S is BE0787389679.

When was M3S founded?

M3S was founded on 17 June 2022.

Who are the directors of M3S?

According to the 2025 annual accounts, the directors of M3S are: Marijke Dekeghel, Serge Godart.

Is M3S a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 June 2022; 2 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M3S make in 2025?

M3S posted a profit after taxes of € 299,425 in financial year 2025.

What is the revenue of M3S?

As a small company, M3S is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 695,589.

How much does an employee at M3S earn?

The average wage cost per full-time employee at M3S was € 81,100 in 2024: staff costs of € 121,707 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

M3S (Private Limited) - Ittre - BE0787389679

Dossier M3S, printed on 29 October 2026 from databakkes.be/en/0787389679/m3s. 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.

Tight liquidity NBB

Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2025.
Busy address KBO

10 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

M3S from Ittre, company number BE0787389679, closed financial year 2025 with a result of € 299,425 after tax. For that financial year M3S recorded a gross margin of € 695,589 and equity of € 309,337. Compared with financial year 2024, the result moved from € -290,088 to € 299,425. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.

What it is worth Growing

€ 309,337

▲ € 299,425 vs 2024

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

Profit Growing

€ 299,425

▲ still € 290,088 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 158,733

▲ € 129,660 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 9,337.

People and assets in 2025

Wage cost

€ 11,481

▼ 91% 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.

Vehicles and equipment

€ 16,984

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 21 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.1 million

▼ 24% vs 2024

€ 65,645 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 173,169

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,350

▼ 73% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2024	2025	Change 2024 → 2025
Gross margin	€ 405,619 Gross margin 2024: € 405,619 First fiscal year in the series	€ 695,589 Gross margin 2025: € 695,589 ▲ 71% vs 2024 (€ 405,619) Favourable step	▲ 71%
Profit after taxes	€ -290,088 Profit after taxes 2024: € -290,088 First fiscal year in the series	€ 299,425 Profit after taxes 2025: € 299,425 ▲ € 589,514 vs 2024 (€ -290,088) Favourable step	▲ € 589,514
Equity	€ 9,912 Equity 2024: € 9,912 First fiscal year in the series	€ 309,337 Equity 2025: € 309,337 ▲ € 299,425 vs 2024 (€ 9,912) Favourable step	▲ € 299,425
Total debts	€ 2,934,218 Total debts 2024: € 2,934,218 First fiscal year in the series	€ 2,272,958 Total debts 2025: € 2,272,958 ▼ 23% vs 2024 (€ 2,934,218) Favourable step	▼ 23%
Cash	€ 29,073 Cash 2024: € 29,073 First fiscal year in the series	€ 158,733 Cash 2025: € 158,733 ▲ € 129,660 vs 2024 (€ 29,073) Favourable step	▲ € 129,660
Land & buildings	€ 2,498,796 Land & buildings 2024: € 2,498,796 First fiscal year in the series	€ 1,914,220 Land & buildings 2025: € 1,914,220 ▼ 23% vs 2024 (€ 2,498,796) Unchanged	▼ 23%
Retained profit	€ -290,088 Retained profit 2024: € -290,088 First fiscal year in the series	€ 9,337 Retained profit 2025: € 9,337 ▲ € 299,425 vs 2024 (€ -290,088) Favourable step	▲ € 299,425
Bank debt	€ 2,762,447 Bank debt 2024: € 2,762,447 First fiscal year in the series	€ 2,097,274 Bank debt 2025: € 2,097,274 ▼ 24% vs 2024 (€ 2,762,447) Favourable step	▼ 24%
Balance sheet total	€ 2,944,130 Balance sheet total 2024: € 2,944,130 First fiscal year in the series	€ 2,582,295 Balance sheet total 2025: € 2,582,295 ▼ 12% vs 2024 (€ 2,944,130) Unchanged	▼ 12%
Employees (FTE)	1.5 Employees (FTE) 2024: 1.5 First fiscal year in the series	-

Key figures of M3S, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.

What happened to M3S?

What happened at M3S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 7, 2025 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
Jun 17, 2022 New establishment in Ittre. KBO
2022 Marijke Dekeghel became a director. NBB
2022 Serge Godart became a director. NBB
Jun 17, 2022 Start of the company according to the CBE. KBO

In short

From € 290,088 loss in 2024 to € 299,425 profit in 2025.

Paid € 2,364 in corporate taxes since 2024.

Best year ever: 2025, with € 299,425 profit.

On average € 270,400 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Marijke Dekeghel Serge Godart

M3S

Behind M3S are Marijke Dekeghel and Serge Godart.

Directors

According to the 2025 annual accounts

Marijke Dekeghel

Director

since 2022

Serge Godart

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Rue d'Asquempont 2

1460 Ittre

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.

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Details

Company number: 0787.389.679
VAT number: BE 0787.389.679
Registered office: Rue d'Asquempont 2, 1460 Ittre
Names & denominations: M3S
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 17 June 2022
Peppol: Active · Active since 7 Nov 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

M3S