Financials
Financial year 2025
N2M ELECTRICITY SOLUTIONS from Fernelmont, company number BE0831943363, closed financial year 2025 with a result of € 91,158 after tax. For that financial year N2M ELECTRICITY SOLUTIONS recorded a gross margin of € 914,070 and equity of € 499,767. Compared with financial year 2024, the result moved from € 78,464 to € 91,158. Profitable, and profit is growing. 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 July 9, 2026.
€ 499,767
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,158
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 577,664
▲ 91% 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 € 481,167.
People and assets in 2025
14
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 717,585
▲ 16% vs 2024
€ 51,300 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.
€ 106,683
▲ € 89,321 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 213,316
▲ 44% vs 2024
€ 36,056 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 246,267
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,013
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 501,928 | € 711,526 | € 780,726 | € 914,070 | ▲ 17% |
| Profit after taxes | € 47,023 | € 94,486 | € 78,464 | € 91,158 | ▲ 16% |
| Equity | € 247,258 | € 330,144 | € 408,609 | € 499,767 | ▲ 22% |
| Total debts | € 644,419 | € 544,456 | € 520,233 | € 662,167 | ▲ 27% |
| Cash | € 198,668 | € 315,145 | € 302,207 | € 577,664 | ▲ 91% |
| Land & buildings | € 132,243 | € 125,877 | € 112,590 | - | |
| Retained profit | € 228,658 | € 311,544 | € 390,009 | € 481,167 | ▲ 23% |
| Dividend | € 1,600 | € 11,600 | € 0 | € 0 | |
| Bank debt | € 189,427 | € 167,511 | € 148,266 | € 213,316 | ▲ 44% |
| Balance sheet total | € 891,677 | € 874,600 | € 928,842 | € 1,161,934 | ▲ 25% |
| Employees (FTE) | 9.2 | 11.3 | 12.4 | 14 | ▲ 1.6 |
Key figures of N2M ELECTRICITY SOLUTIONS, 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 N2M ELECTRICITY SOLUTIONS?
What happened at N2M ELECTRICITY SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,158 (▲ 16% vs 2024). Source: NBB ↗
- TECHNICAL ENGINEERING & MANAGEMENT ASSOCIATES became a director. NBB
- K-MANA became a director. NBB
- LEO SPECIAL BUILDING TECHNIQUES became a director. NBB
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,023 profit in 2022 to € 91,158 profit in 2025.
Paid € 121,823 in corporate taxes since 2022.
Best year ever: 2023, with € 94,486 profit.
On average € 65,300 of value added per employee in 2025.
Management
The stake of Leo Special Building Techniques comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
N2M ELECTRICITY SOLUTIONSBehind N2M ELECTRICITY SOLUTIONS are TECHNICAL ENGINEERING & MANAGEMENT ASSOCIATES , K-MANA and LEO SPECIAL BUILDING TECHNIQUES . The shares are held by Leo Special Building Techniques (69.9%).
Directors
According to the 2025 annual accounts
TECHNICAL ENGINEERING & MANAGEMENT ASSOCIATES
Administrator-manager · represented by VINCENT KLINGELEERS
Also active at: HALLIMMO, HALLINVEST, CONFORTY, REGULEC, Les Entreprises Esmer, Leo Special Building Techniques
since 2024
Administrator-manager · represented by PHILIPPE GUSTIN
since 2024
LEO SPECIAL BUILDING TECHNIQUES
Administrator-manager · represented by JOEL THEUNISSEN
Also active at: CONFORTY, Les Entreprises Esmer
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Georges Cosse, ZI, Nov. 20
5380 Fernelmont
Chaussée de Louvain(CG) 1130
5022 Namur
Active since 1 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
PLANETHOSTER-8 - PlanetHoster, CA
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0831.943.363
- VAT number
- BE 0831.943.363
- Registered office
- Rue Georges Cosse, ZI, Nov. 20, 5380 Fernelmont
- Names & denominations
- N2M ELECTRICITY SOLUTIONS · N2M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2010
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- n2m.be [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken
Landschapsverzorging
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit