M2CO is a wholesaler in Gerpinnes. Private Limited, started on 24 November 2022, 1 establishment.

What is the address of M2CO?

The registered office of M2CO is located at Rue du Moulin(GER) 3, 6280 Gerpinnes.

Is M2CO still active?

Yes. According to the CBE (29 October 2026) M2CO is active, legal situation “Normale toestand”, started on 24 November 2022.

Is M2CO registered on Peppol?

Yes, M2CO is registered on the Peppol network with ID 0208:0793946582.

What is the enterprise number of M2CO?

The enterprise number of M2CO is BE0793946582.

When was M2CO founded?

M2CO was founded on 24 November 2022.

Who are the directors of M2CO?

According to the 2025 annual accounts, the directors of M2CO are: MARCELLIN MARCHAL.

Is M2CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 November 2022; 3 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did M2CO make in 2025?

M2CO posted a profit after taxes of € 16,819 in financial year 2025.

What is the revenue of M2CO?

As a small company, M2CO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 212,961.

How much does an employee at M2CO earn?

The average wage cost per full-time employee at M2CO was € 46,700 in 2025: staff costs of € 84,046 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does M2CO have?

According to the 2025 annual accounts, M2CO has 1.8 full-time equivalents (FTE).

M2CO (Private Limited) - Gerpinnes - BE0793946582

Dossier M2CO, printed on 29 October 2026 from databakkes.be/en/0793946582/m2co. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M2CO from Gerpinnes, company number BE0793946582, closed financial year 2025 with a result of € 16,819 after tax. For that financial year M2CO recorded a gross margin of € 212,961 and equity of € 244,760. Compared with financial year 2024, the result moved from € 64,349 to € 16,819. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Growing

€ 244,760

▲ 7% vs 2024

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

Profit Healthy

€ 16,819

▼ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,657

▼ 79% 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 € 239,760.

People and assets in 2025

Full-time equivalents

1.8

▲ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 84,046

▲ € 63,730 vs 2024

€ 46,700 per full-time equivalent. 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

€ 34,144

▲ 46% vs 2024

Of which on lease € 17,793.

Debts at end 2025

Bank debt ≈ 3 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.

€ 411,650

▲ 29% vs 2024

€ 120,017 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 678,754

▲ 89% vs 2024

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

Taxes and wages

€ 29,716

▼ 66% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 274,730 Gross margin 2023: € 274,730 First fiscal year in the series	€ 184,624 Gross margin 2024: € 184,624 ▼ 33% vs 2023 (€ 274,730) Unfavourable step	€ 212,961 Gross margin 2025: € 212,961 ▲ 15% vs 2024 (€ 184,624) Favourable step	▲ 15%
Profit after taxes	€ 158,591 Profit after taxes 2023: € 158,591 First fiscal year in the series	€ 64,349 Profit after taxes 2024: € 64,349 ▼ 59% vs 2023 (€ 158,591) Unfavourable step	€ 16,819 Profit after taxes 2025: € 16,819 ▼ 74% vs 2024 (€ 64,349) Unfavourable step	▼ 74%
Equity	€ 163,591 Equity 2023: € 163,591 First fiscal year in the series	€ 227,940 Equity 2024: € 227,940 ▲ 39% vs 2023 (€ 163,591) Favourable step	€ 244,760 Equity 2025: € 244,760 ▲ 7% vs 2024 (€ 227,940) Favourable step	▲ 7%
Total debts	€ 990,022 Total debts 2023: € 990,022 First fiscal year in the series	€ 947,955 Total debts 2024: € 947,955 ▼ 4% vs 2023 (€ 990,022) Favourable step	€ 1,350,216 Total debts 2025: € 1,350,216 ▲ 42% vs 2024 (€ 947,955) Unfavourable step	▲ 42%
Cash	€ 108,299 Cash 2023: € 108,299 First fiscal year in the series	€ 86,103 Cash 2024: € 86,103 ▼ 20% vs 2023 (€ 108,299) Unfavourable step	€ 17,657 Cash 2025: € 17,657 ▼ 79% vs 2024 (€ 86,103) Unfavourable step	▼ 79%
Retained profit	€ 158,591 Retained profit 2023: € 158,591 First fiscal year in the series	€ 222,940 Retained profit 2024: € 222,940 ▲ 41% vs 2023 (€ 158,591) Favourable step	€ 239,760 Retained profit 2025: € 239,760 ▲ 8% vs 2024 (€ 222,940) Favourable step	▲ 8%
Bank debt	€ 241,927 Bank debt 2023: € 241,927 First fiscal year in the series	€ 318,302 Bank debt 2024: € 318,302 ▲ 32% vs 2023 (€ 241,927) Unfavourable step	€ 411,650 Bank debt 2025: € 411,650 ▲ 29% vs 2024 (€ 318,302) Unfavourable step	▲ 29%
Balance sheet total	€ 1,153,614 Balance sheet total 2023: € 1,153,614 First fiscal year in the series	€ 1,175,896 Balance sheet total 2024: € 1,175,896 ▲ 2% vs 2023 (€ 1,153,614) Unchanged	€ 1,594,976 Balance sheet total 2025: € 1,594,976 ▲ 36% vs 2024 (€ 1,175,896) Unchanged	▲ 36%
Employees (FTE)	0.5 Employees (FTE) 2023: 0.5 First fiscal year in the series	0.5 Employees (FTE) 2024: 0.5 Unchanged (0.5) Unchanged	1.8 Employees (FTE) 2025: 1.8 ▲ 1.3 vs 2024 (0.5) Unchanged	▲ 1.3

Key figures of M2CO, fiscal years 2023 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 M2CO?

What happened at M2CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 26, 2026 New annual accounts for financial year 2025: profit of € 16,819 (▼ 74% vs 2024). filed late Source: NBB ↗
Nov 24, 2022 New establishment in Gerpinnes. KBO
2022 MARCELLIN MARCHAL became a director. NBB
Nov 24, 2022 Start of the company according to the CBE. KBO

In short

From € 158,591 profit in 2023 to € 16,819 profit in 2025.

Paid € 61,752 in corporate taxes since 2023.

Best year ever: 2023, with € 158,591 profit.

On average € 118,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MARCELLIN MARCHAL

M2CO

HUmani

La Bonne Pièce

Behind M2CO is MARCELLIN MARCHAL. MARCELLIN MARCHAL is also behind HUmani and La Bonne Pièce.

Directors

According to the 2025 annual accounts

MARCELLIN MARCHAL

Director

Also active at: HUmani, La Bonne Pièce

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Moulin(GER) 3

6280 Gerpinnes

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

LE FURET

€ 14,011 gross margin · 2025

La Bonne Pièce same network

€ 10,696 gross margin · 2025

Le Moulin à eau de Gerpinnes

GATEWAY

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

Details

Company number

0793.946.582

VAT number

BE 0793.946.582

Registered office

Rue du Moulin(GER) 3, 6280 Gerpinnes

Names & denominations

M2CO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 November 2022

Peppol

Active · Active since 6 Oct 2025

Contact

[email protected] 0032 492 581294

Activities · NACE

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen

Groothandel in gereedschapswerktuigen

Ondersteunende activiteiten in verband met de teelt van gewassen

Groothandel in andere akkerbouwproducten

Detailhandel in ijzerwaren en gereedschappen

Handelsbemiddeling in de niet-gespecialiseerde groothandel

View on CBE Public ↗ Annual accounts (NBB) ↗

M2CO

Financials

What happened to M2CO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions