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1M

Active Risk: not assessed Private limited company (pre-2019)founded 2014active for 11 yearsBrandekensweg 86, 2627 SchelleKBO/BCE: BE 0505.938.043

Lifetime

11 annual accounts with figures on one time axis
peak €91,244 (2025)
€91,244▲ 210%
lowest -€705,895 (2021)
€23,429▼ 31.9%
peak €2.3m (2016)
€974,033▲ 2.5%
€33,521▲ 41.9%
peak 0 FTE (2019)
-not published
Board1 name since 2014
1 directorMoortgat Luc
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €29,400 to €91,244Result from €34,418 to €23,429Debts from €23,630 to €33,521Cash from €760,955 to €215,227

Key points

from the 2025 annual accounts

Equity

€974,033 from €2.3m in 2016

Equity fell by 57% in 9 years.

Turnover

≈ €220,000 estimated

The abbreviated format states no turnover.

Investments

€828,750 13.7 × depreciation

Green is investment, beige is depreciation.

Liquidity

7.14 was 41.23 in 2024

Short-term debts rose from €23,630 to €33,521.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.

Position in the sector

96.7%

Higher solvency than 92% of companies in financial services. Sector median 50.8% · 6,708 companies.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal, which does not raise the risk
1 signal.
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 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
29 days late
2022
21 days late
2021
11 days early
2020
16 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ML
Moortgat Luc
Director, since 26-11-2014
  • Gladiolus Europe 533,184 sharesdeed of 24-09-2018
  • Luc Moortgat 75,606 sharesdeed of 24-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0505938043
Demerger: 1M_2 splits off to 1M_2 Capital of €1,649,666.11, 2,258,456 shares · Gladiolus Europe holds 533,184 shares · Luc Moortgat holds 75,606 shares · General meeting of 30-08-2018 · Gazette deed
Incorporation published on 08-12-2014 · Gazette deed
First establishment Brandekensweg 86, Schelle
All 21 events

Comparable companies

same main activity, similar in size and age
Company
1M Schelle €1.0m €91,244 96.7% -
CAERS-VAN OVERBEEK Dessel €1.0m €97,877 49.1% -
ELPA PARTNERS Brecht €0.9m €102,962 98.7% -
SIHAN Nijlen €1.3m €103,626 35.3% -
WING Wuustwezel €0.9m €72,815 60.3% -
READY2GOLF Lille €1.2m €112,111 2.8% -
VANTYGHEM - DEVOLDERE Ardooie €1.0m €96,676 9.8% -

These companies have the same main activity as 1M: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €871,000 and €1.3m, founded between 2014 and 2015.

Official details

Source: KBO
Status
Active since 04-12-2014Normal situation
Activity
Activities of holding companiesNACE 64210
Establishment unit
2.237.107.4362627 Schelle, since 04-12-2014
Financial year end
31 December
Peppol
Reachable since 31-07-2025
Company details

Annual accounts 2025

€1.0m▲ 3.4%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on 1M

1M files the abbreviated format. That format states no turnover. The gross margin rose from €14,545 in 2015 to €91,244 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about 1M

What is the company number of 1M?
The company number of 1M is 0505.938.043. The VAT number is the same number with BE in front: BE 0505.938.043.
Where is 1M based?
The registered office is at Brandekensweg 86, 2627 Schelle.Company details
What does 1M do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of 1M?
1M is a private limited company (pre-2019) (BVBA).
When was 1M founded?
1M was founded on 04-12-2014.
Is 1M still active?
Yes, 1M is an active enterprise in the KBO register.
What is the turnover of 1M?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €91,244 and 40 comparable companies (NACE 64210). It probably lies between €140,000 and €260,000.Financials
Is 1M profitable?
In financial year 2025, 1M made a profit of €23,429.
Where can I find the annual accounts of 1M?
1M filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 1M due?
1M must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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