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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M2 E2 from Estinnes, company number BE0894259133, closed financial year 2025 with a result of € 9,656 after tax. For that financial year M2 E2 recorded a gross margin of € 94,916 and equity of € 654,794. Compared with financial year 2024, the result moved from € -47,031 to € 9,656. 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 August 4, 2026.
€ 654,794
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,656
▲ still € 47,031 loss in 2024
Profit after tax over the fiscal year.
€ 33,843
▼ 85% 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 € -430,206.
Debts at end 2025
€ 433,215
▼ 62% vs 2024
€ 77,411 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,541
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,578 | € 51,307 | € 35,301 | € 94,916 | ▲ 169% |
| Profit after taxes | € -52,292 | € -20,987 | € -47,031 | € 9,656 | ▲ € 56,687 |
| Equity | € 713,156 | € 692,169 | € 645,138 | € 654,794 | ▲ 1% |
| Total debts | € 1,304,591 | € 1,265,487 | € 1,200,358 | € 608,697 | ▼ 49% |
| Cash | € 281,494 | € 281,327 | € 232,833 | € 33,843 | ▼ 85% |
| Land & buildings | € 1,740,527 | € 1,634,457 | € 1,573,500 | € 1,207,422 | ▼ 23% |
| Retained profit | € -371,844 | € -392,831 | € -439,862 | € -430,206 | ▲ € 9,656 |
| Bank debt | € 1,217,402 | € 1,189,689 | € 1,129,790 | € 433,215 | ▼ 62% |
| Balance sheet total | € 2,029,142 | € 1,970,504 | € 1,859,799 | € 1,263,491 | ▼ 32% |
Key figures of M2 E2, 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 M2 E2?
What happened at M2 E2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,656. filed late Source: NBB ↗
- Marie Plasschaert became a director. NBB
- Mathieu Dewinck became a director. NBB
- New establishment in Estinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,292 loss in 2022 to € 9,656 profit in 2025.
Paid € 2,015 in corporate taxes since 2022.
Best year ever: 2025, with € 9,656 profit.
Management
Behind M2 E2 are Mathieu Dewinck and Marie Plasschaert.
Directors
According to the 2025 annual accounts
Mathieu Dewinck
Managing director
since 2017
Marie Plasschaert
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Rue Grande(EMT) 12 box b
7120 Estinnes
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
- 0894.259.133
- VAT number
- BE 0894.259.133
- Registered office
- Rue Grande(EMT) 12 bus b, 7120 Estinnes
- Names & denominations
- M2 E2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2007
- Peppol
- Active · Active since 5 Jan 2026