Financials
Financial year 2025
M2L from Sint-Lievens-Houtem, company number BE0810947516, closed financial year 2025 with a result of € 291,904 after tax. For that financial year M2L recorded a gross margin of € 570,366 and equity of € 554,092. Compared with financial year 2024, the result moved from € 414,956 to € 291,904. The company is profitable. 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 January 29, 2026.
€ 554,092
▲ 111% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 291,904
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 542,256
▼ 8% 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 € 535,542.
People and assets in 2025
0
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10,333
▲ 248% 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.
€ 44,620
▲ 198% vs 2024
Of which on lease € 40,009.
Debts at end 2025
€ 296,078
▼ 62% vs 2024
€ 12,100 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 343,666
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,712
▲ 175% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 262,694 | € 338,810 | € 468,254 | € 570,366 | ▲ 22% |
| Profit after taxes | € -166,234 | € 291,579 | € 414,956 | € 291,904 | ▼ 30% |
| Equity | € -444,347 | € -152,768 | € 262,188 | € 554,092 | ▲ 111% |
| Total debts | € 1,149,276 | € 1,193,182 | € 1,168,653 | € 682,834 | ▼ 42% |
| Cash | € 235,504 | € 230,717 | € 588,583 | € 542,256 | ▼ 8% |
| Land & buildings | € 6,979 | € 4,416 | € 3,761 | € 10,615 | ▲ 182% |
| Retained profit | € -462,897 | € -171,318 | € 243,638 | € 535,542 | ▲ 120% |
| Bank debt | € 1,000,097 | € 872,633 | € 776,714 | € 296,078 | ▼ 62% |
| Balance sheet total | € 704,929 | € 1,040,413 | € 1,430,841 | € 1,236,926 | ▼ 14% |
| Employees (FTE) | - | - | 1 | 0 | ▼ 1 |
Key figures of M2L, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to M2L?
What happened at M2L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 291,904 (▼ 30% vs 2024). Source: NBB ↗
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 166,234 loss in 2022 to € 291,904 profit in 2025.
Paid € 139,579 in corporate taxes since 2022.
Best year ever: 2024, with € 414,956 profit.
On average € 468,300 of value added per employee in 2024.
A new publication or filing at M2L? 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 M2L are Michel Hoorens and Leen Van De Voorde.
Directors
According to the 2025 annual accounts
Michel Hoorens
Director
Leen Van De Voorde
Director
Establishments
Establishment units
Physical locations of this company
Boekhoutstraat 5
9520 Sint-Lievens-Houtem
Boekhoutstraat 21/7
9860 Oosterzele
Active since 3 April 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.947.516
- VAT number
- BE 0810.947.516
- Registered office
- Boekhoutstraat 5, 9520 Sint-Lievens-Houtem
- Names & denominations
- M2L
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2009
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Groothandel in andere voedingsmiddelen, neg
Groothandel in dranken, algemeen assortiment
Activiteiten van syndici van onroerend goed
Overige persoonlijke diensten