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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Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M-SQUARE CERTIFICATES from Brussel, company number BE0846825044, closed financial year 2025 with a result of € 17,580 after tax. For that financial year M-SQUARE CERTIFICATES recorded revenue of € 1.3 million and equity of € 263,736. Compared with financial year 2024, the result moved from € 17,259 to € 17,580. 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 April 7, 2026.
€ 263,736
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,580
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 4% 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 € 63,736.
Debts at end 2025
€ 18.4 million
▼ 3% vs 2024
€ 565,383 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 78,385
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 243 days on average.
€ 2,487
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,104,673 | € 1,222,117 | € 1,237,788 | € 1,277,924 | ▲ 3% |
| Profit after taxes | € 17,841 | € 16,737 | € 17,259 | € 17,580 | ▲ 2% |
| Equity | € 212,160 | € 228,898 | € 246,156 | € 263,736 | ▲ 7% |
| Total debts | € 20,593,616 | € 20,139,652 | € 19,612,224 | € 19,074,622 | ▼ 3% |
| Cash | € 1,054,105 | € 1,078,832 | € 1,323,445 | € 1,375,375 | ▲ 4% |
| Land & buildings | € 3,055,474 | € 3,055,474 | € 3,055,474 | € 3,055,474 | |
| Retained profit | € 12,160 | € 28,898 | € 46,156 | € 63,736 | ▲ 38% |
| Bank debt | € 20,092,988 | € 19,527,625 | € 18,962,222 | € 18,396,798 | ▼ 3% |
| Balance sheet total | € 20,805,777 | € 20,368,550 | € 19,858,380 | € 19,338,358 | ▼ 3% |
Key figures of M-SQUARE CERTIFICATES, 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 M-SQUARE CERTIFICATES?
What happened at M-SQUARE CERTIFICATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kim Mario CRETEN stepped down as director. NBB
- INVEST FOR JOBS SCA stepped down as director. NBB
- PEETERS GAETAN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 17,580 (▲ 2% vs 2024). Source: NBB ↗
- PEETERS GAETAN became a director. NBB
- Kim Mario CRETEN became a director. NBB
- INVEST FOR JOBS SCA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,841 profit in 2022 to € 17,580 profit in 2025.
Paid € 19,790 in corporate taxes since 2022.
Best year ever: 2022, with € 17,841 profit.
A new publication or filing at M-SQUARE CERTIFICATES? 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
Directors
According to the 2025 annual accounts
Kim Mario CRETEN
Director
since 2023 · until 2027
Director · represented by Steven Adons
Also active at: Fonderies J. Marichal Ketin et Cie, GALLER HOLDING, Century 21 Benelux, MICROMEGA - DYNAMICS, NOMICS, BEER PROJECT, IONICS, REIN4CED +9 more
since 2023 · until 2027
PEETERS GAETAN
Director
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Guimardstraat 18
1040 Brussel
Franklin Rooseveltlaan 11
1050 Brussel
Active since 22 June 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →Société Immobilière et Financière Industrie Guimard
€ 3.3 million revenue · 2025
STOCKEL RESIDENCE CERTIFICATES
€ 1.2 million revenue · 2025
DPAM B
PLUSINVEST
PICARDIE INVEST
€ 16,158 revenue · 2025
+27 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
- 0846.825.044
- VAT number
- BE 0846.825.044
- Registered office
- Guimardstraat 18, 1040 Brussel
- Names & denominations
- M-SQUARE CERTIFICATES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2012
- Peppol
- Not registered