Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M CARRE from Elsene, company number BE0870513137, closed financial year 2025 with a result of € -53,123 after tax. For that financial year M CARRE recorded a gross margin of € 157,206 and equity of € 39,107. Compared with financial year 2024, the result moved from € 485 to € -53,123. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 39,107
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,123
▼ still € 485 profit in 2024
Profit after tax over the fiscal year.
€ 12,839
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 29,107.
People and assets in 2025
€ 120
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,647
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 720,905
▲ 198% vs 2024
€ 39,257 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 4,441
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 377,732 | € 1,003,778 | € 108,806 | € 157,206 | ▲ 44% |
| Profit after taxes | € 304,905 | € 871,217 | € 485 | € -53,123 | ▼ € 53,608 |
| Equity | € 61,746 | € 91,746 | € 92,230 | € 39,107 | ▼ 58% |
| Total debts | € 903,063 | € 1,599,627 | € 867,239 | € 955,737 | ▲ 10% |
| Cash | € 13,902 | € 273,136 | € 11,995 | € 12,839 | ▲ 7% |
| Land & buildings | € 590,090 | € 764,578 | € 689,201 | € 837,572 | ▲ 22% |
| Retained profit | € 51,746 | € 81,746 | € 82,230 | € 29,107 | ▼ 65% |
| Dividend | € 290,000 | € 841,217 | € 0 | € 0 | |
| Bank debt | € 448,406 | € 642,486 | € 242,084 | € 720,905 | ▲ 198% |
| Balance sheet total | € 964,809 | € 1,691,373 | € 959,469 | € 994,844 | ▲ 4% |
Key figures of M CARRE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to M CARRE?
What happened at M CARRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,123 (▼ € 53,608 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 304,905 profit in 2022 to € 53,123 loss in 2025.
Paid € 20,388 in corporate taxes since 2022.
Best year ever: 2023, with € 871,217 profit.
Paid out € 1.1 million in dividends to the owners in total.
A new publication or filing at M CARRE? 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
Establishments
Establishment units
Physical locations of this company
Boondaalsesquare 1
1050 Elsene
Elsense Steenweg 127D box 32
1050 Elsene
Active since 12 January 2005
Elsense Steenweg 127 box D
1050 Elsene
Active since 1 September 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0870.513.137
- VAT number
- BE 0870.513.137
- Registered office
- Boondaalsesquare 1, 1050 Elsene
- Names & denominations
- M CARRE · m²
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2004
- Peppol
- Active · Active since 19 Mar 2025
- Activities · NACE
Overige fiscale dienstverlening
Belastingconsulenten
Accountants en belastingconsulenten