Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
M & M TELESERVICES from Veurne, company number BE0864283262, closed financial year 2024 with a result of € 244 after tax. For that financial year M & M TELESERVICES recorded a gross margin of € 33,994 and equity of € -19,798. Compared with financial year 2023, the result moved from € -1,061 to € 244. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ -19,798
▲ € 244 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 244
▲ still € 1,061 loss in 2023
Profit after tax over the fiscal year.
€ 4,924
▲ € 4,448 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -38,398.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,657
▲ 12% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 158
▼ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 5,762
▼ 80% vs 2023
€ 2,085 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,806
▼ 41% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,675
▲ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 18,449 | € 14,630 | € 30,855 | € 33,994 | ▲ 10% |
| Profit after taxes | € -1,911 | € -14,008 | € -1,061 | € 244 | ▲ € 1,305 |
| Equity | € -4,972 | € -18,980 | € -20,042 | € -19,798 | ▲ € 244 |
| Total debts | € 35,267 | € 59,194 | € 57,614 | € 57,560 | |
| Cash | € 899 | € 1,409 | € 477 | € 4,924 | ▲ € 4,448 |
| Land & buildings | € 5,032 | € 5,975 | € 5,215 | € 4,455 | ▼ 15% |
| Retained profit | € -23,572 | € -37,580 | € -38,642 | € -38,398 | ▲ € 244 |
| Bank debt | € 18,406 | € 29,315 | € 28,711 | € 5,762 | ▼ 80% |
| Balance sheet total | € 30,294 | € 40,214 | € 37,572 | € 37,762 | ▲ 1% |
Key figures of M & M TELESERVICES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M & M TELESERVICES?
What happened at M & M TELESERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 244. filed late Source: NBB ↗
- Bernard Bovyn became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,911 loss in 2021 to € 244 profit in 2024.
Paid € 78 in corporate taxes since 2021.
Best year ever: 2024, with € 244 profit.
A new publication or filing at M & M TELESERVICES? 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 M & M TELESERVICES is Bernard Bovyn. Bernard Bovyn is also behind De Concierge.
Directors
According to the 2024 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 38 box C
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0864.283.262
- VAT number
- BE 0864.283.262
- Registered office
- Dorpsstraat 38 bus C, 8630 Veurne
- Names & denominations
- M & M TELESERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2004
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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Behandeling van post
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