Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
M18 Executive Search from Antwerpen, company number BE0880902431, closed financial year 2026 with a result of € -37,688 after tax. For that financial year M18 Executive Search recorded a gross margin of € 133,203 and equity of € 3,845. Compared with financial year 2025, the result moved from € 20,486 to € -37,688. The company made a loss. The buffer shrank hard: equity is 91 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2026.
€ 3,845
▼ 91% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,688
▼ still € 20,486 profit in 2025
Profit after tax over the fiscal year.
€ 1,042
▼ 90% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,705.
People and assets in 2026
€ 149,277
▼ 44% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 67,646
▲ 59% vs 2025
Loans from banks and other lenders, long and short.
€ 101,881
▲ 155% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 16,297
▼ 82% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 286,997 | € 287,312 | € 329,144 | € 133,203 | ▼ 60% |
| Profit after taxes | € 4,017 | € 2,152 | € 20,486 | € -37,688 | ▼ € 58,174 |
| Equity | € 18,895 | € 21,047 | € 41,533 | € 3,845 | ▼ 91% |
| Total debts | € 169,044 | € 153,812 | € 176,443 | € 192,438 | ▲ 9% |
| Cash | € 14 | € 17,013 | € 10,432 | € 1,042 | ▼ 90% |
| Retained profit | € 345 | € 2,497 | € 22,983 | € -14,705 | ▼ € 37,688 |
| Bank debt | € 78,173 | € 43,494 | € 42,656 | € 67,646 | ▲ 59% |
| Balance sheet total | € 187,939 | € 174,859 | € 217,975 | € 196,283 | ▼ 10% |
Key figures of M18 Executive Search, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to M18 Executive Search?
What happened at M18 Executive Search in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 37,688 (▼ € 58,174 vs 2025). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,017 profit in 2023 to € 37,688 loss in 2026.
Paid € 35,908 in corporate taxes since 2023.
Best year ever: 2025, with € 20,486 profit.
Management
Behind M18 Executive Search are Vivian Sajet, Aba BV and Gary Jeger.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Uitbreidingstraat 66 box 63
2600 Antwerpen
Uitbreidingstraat 66
2600 Antwerpen
Active since 2 June 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
All companies at this address →VTG Rail Logistics Belgium
€ 729 gross margin · 2026
LOGWIN AIR + OCEAN BELGIUM
€ 1.5 million gross margin · 2025
KIWI'S
€ 133,528 gross margin · 2025
C & Q-INVEST
€ -91,038 gross margin · 2024
ANGLO - BELGE SPECIAL RISKS
€ 495,943 gross margin · 2025
+82 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
- 0880.902.431
- VAT number
- BE 0880.902.431
- Registered office
- Uitbreidingstraat 66 bus 63, 2600 Antwerpen
- Names & denominations
- M18 Executive Search
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2006
- Peppol
- Active · Active since 9 Sept 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Arbeidsbemiddeling
Personeelsselectie en plaatsing
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering