Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
M51 Europe from Brussel, company number BE0788853785, closed financial year 2023 with a result of € -59.6 million after tax. The company made a loss. 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 9, 2024.
€ 39.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59.6 million
Profit after tax over the fiscal year.
€ 5.5 million
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59.6 million.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 130,181
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 28,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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What happened to M51 Europe?
What happened at M51 Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 59.6 million. Source: NBB ↗
- Patel PURVESH DHANANJAY became a director. NBB
- New establishment in Hasselt. KBO
- Hans COBBEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
Paid € 28,000 in corporate taxes since 2023.
Pays suppliers within 31 days on average.
A new publication or filing at M51 Europe? We notify you, reason included.
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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
Behind M51 Europe are Patel PURVESH DHANANJAY and Hans COBBEN. It owns 100% of UgenTec NV itself.
Establishments
Establishment units
Physical locations of this company
Regentlaan 54
1000 Brussel
Kempische steenweg 305 box 200
3500 Hasselt
Active since 25 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →A.S.T.R.I.D.
€ 27.2 million revenue · 2025
Confédération Européenne des Organisations de Conservateurs - Restaurateurs
€ 162,166 gross margin · 2024
UgenTec same network
€ 1.1 million gross margin · 2025
DASERG
€ 19,556 gross margin · 2024
Natural Environmental Technology in Africa
+21 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.853.785
- VAT number
- BE 0788.853.785
- Registered office
- Regentlaan 54, 1000 Brussel
- Names & denominations
- M51 Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2022
- Peppol
- Active · Active since 6 May 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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