Summary
1M is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €974k and a net result of €23k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 92% of 5547 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
29 d late
2022
21 d late
2021
11 d early
2020
16 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date Which other companies resemble this one?Lookalike companies
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€974k▲ 2.5%
2024 · €951k
Net result
€23k▼ 31.9%
2024 · €34k
Total assets
€1.01M▲ 3.4%
2024 · €974k
Solvency
96.7%▼ 0.9pp
2024 · 97.6%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-725k▼ 4,698%€17k€18k▲ 5.3%€28k▲ 54.7%€30k▲ 4.5%
Net result€-706k▼ 3,489%€11k€18k▲ 68.2%€34k▲ 89.6%€23k▼ 31.9%
Equity€887k▼ 44.9%€898k▲ 1.2%€916k▲ 2.0%€951k▲ 3.8%€974k▲ 2.5%
Total assets€1.02M▼ 40.6%€1.03M▲ 1.6%€948k▼ 8.3%€974k▲ 2.8%€1.01M▲ 3.4%
Debt€130k▲ 15.1%€135k▲ 4.2%€32k▼ 76.5%€24k▼ 25.6%€34k▲ 41.9%
Working capital€887k€898k▲ 1.2%€916k▲ 2.0%€951k▲ 3.8%€206k▼ 78.3%
Solvency87.2%▼ 6.9pp86.9%▼ 0.3pp96.6%▲ 9.7pp97.6%▲ 0.9pp96.7%▼ 0.9pp
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€768k
Current assets
€239k
Equity and liabilities €1.01M
Equity
€974k ▲ 2.5%
Debt
€34k ▲ 41.9%
Debt's share of the balance-sheet total rises from 2.4% to 3.3%. Equity and debt are higher.
Key figures and ratios
ROE
2.4%▼
2024 · 3.6%
ROA
2.3%▼
2024 · 3.5%
Debt ≤ 1 year
€34k▲
2024 · €24k
Income taxes
€8k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €61k | - |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €1k | ▼ 4.5% |
| Non-recurring operating charges66A | €704k | €0 | - | - | - | - |
| Gross operating margin9900 | €-20k | €18k | €19k | €29k | €91k | ▲ 210% |
| Operating profit (loss)9901 | €-725k | €17k | €18k | €28k | €30k | ▲ 4.5% |
| Financial income75/76B | €23k | €25 | €0 | €8k | €2k | ▼ 73.2% |
| Recurring financial income75 | €23k | €25 | €0 | €8k | €2k | ▼ 73.2% |
| Non-recurring financial income76B | €23k | €0 | - | - | - | - |
| Financial charges65/66B | €4k | €7k | €93 | €44 | €45 | ▲ 3.4% |
| Recurring financial charges65 | €4k | €7k | €93 | €44 | €45 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | €-706k | €11k | €18k | €36k | €31k | ▼ 12.0% |
| Income taxes67/77 | - | - | - | €1k | €8k | ▲ 480% |
| Profit (loss) for the period9904 | €-706k | €11k | €18k | €34k | €23k | ▼ 31.9% |
| Profit (loss) for the period to be appropriated9905 | €-706k | €11k | €18k | €34k | €23k | ▼ 31.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.02M | €1.03M | €948k | €974k | €1.01M | ▲ 3.4% |
| Fixed assets21/28 | - | - | - | - | €768k | - |
| Tangible fixed assets22/27 | - | - | - | - | €768k | - |
| Plant, machinery and equipment23 | - | - | - | - | €768k | - |
| Current assets29/58 | €1.02M | €1.03M | €948k | €974k | €239k | ▼ 75.4% |
| Amounts receivable after more than one year29 | - | - | - | €212k | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €212k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €42k | €78k | €3k | €2k | €24k | ▲ 1,397% |
| Trade receivables40 | €39k | €76k | €0 | - | €24k | - |
| Other amounts receivable41 | €3k | €3k | €3k | €2k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €975k | €955k | €945k | €761k | €215k | ▼ 71.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.02M | €1.03M | €948k | €974k | €1.01M | ▲ 3.4% |
| Equity10/15 | €887k | €898k | €916k | €951k | €974k | ▲ 2.5% |
| Contributions10/11 | €1.65M | €1.65M | €1.65M | €1.65M | €1.65M | = |
| Profit (loss) carried forward14 | €-762k | €-752k | €-733k | €-699k | €-676k | ▲ 3.4% |
| Amounts payable17/49 | €130k | €135k | €32k | €24k | €34k | ▲ 41.9% |
| Amounts payable within one year42/48 | €130k | €135k | €32k | €24k | €34k | ▲ 41.9% |
| Trade debts44 | €11k | €12k | €10k | €0 | - | - |
| Suppliers440/4 | €11k | €12k | €10k | €0 | - | - |
| Taxes, remuneration and social security45 | €2k | €2k | €2k | €3k | €8k | ▲ 178% |
| Taxes450/3 | €2k | €2k | €2k | €3k | €8k | ▲ 178% |
| Other amounts payable47/48 | €117k | €122k | €20k | €21k | €25k | ▲ 22.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-706k | €11k | €18k | €34k | €23k | ▼ 31.9% |
| + Depreciation and write-downs630 | - | - | - | - | €61k | - |
| Operating cash flow (approximation) | €-706k | €11k | €18k | €34k | €84k | ▲ 144% |
| Change in cash | - | €-20k | €-10k | €-184k | €-546k | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €34k ▲89.6%
Net result €34k, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 29.84
Current ratio from 7.64 to 29.84; short-term debt falls from €135k to €32k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-706k
Net result drops to €-706k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 73current ratio 7.83
Current ratio from 0.11 to 7.83.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schelle · 1 establishment unit since 2014
Ground area
7,240 m²
Building footprint
1,218 m²
Volume, LiDAR
10,167 m³
Parcel 11038C0291/00N000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
1M
since 20142.237.107.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038C0291/00N000 | Flanders | 7,240 m² | 1 · 1,218 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 12,728 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.