2M PROPERTIES

Active

Private limited companyfounded 20187 yrs activeHollekenstraat 26, 9960 Assenede, BelgiumKBO/BCE: BE 0707.741.890

Summary

The computed 12-month bankruptcy probability of 2M PROPERTIES is 2.4% (moderate). The 2025 annual accounts show equity of €214,656 and a net result of -€49,606. Equity is growing by ~20.9% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

2M PROPERTIESActiveChecked score 42/100

Risk analysis Report Compare

Checked score

Score 2025

42 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability24▼-32

Solvency49▼-25

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9,000 at 30 days only on tighter terms

Liquidity ample (current ratio 2.85 against 2.09 in 2024; short-term debt: 35.1% and cash: 2% of total assets), but 75.9% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

1 d early

2024

4 d early

2023

on the day

2022

3 d early

2021

1 d early

2020

3 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

28-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

2M PROPERTIES was incorporated on 3 October 2018.¹ Total assets rose from EUR 360,232 in 2020 to EUR 889,490 in 2025.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity

€214,656▼ 18.8%

2024 · €264,262

Total assets

€889,490▲ 63.7%

2024 · €543,459

Net result

-€49,606

2024 · €40,612

Working capital

€577,532▲ 104%

2024 · €283,480

Trend over the years

Chart Table

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€133,598€100,103▼ 25.1%€69,906▼ 30.2%€65,991▼ 5.6%-€37,043

Net result€97,083€77,272▼ 20.4%€41,468▼ 46.3%€40,612▼ 2.1%-€49,606

Equity€104,910▲ 1,240%€182,182▲ 73.7%€223,650▲ 22.8%€264,262▲ 18.2%€214,656▼ 18.8%

Total assets€707,796▲ 96.5%€869,862▲ 22.9%€813,178▼ 6.5%€543,459▼ 33.2%€889,490▲ 63.7%

Debt€602,886▲ 71.1%€687,679▲ 14.1%€589,527▼ 14.3%€279,197▼ 52.6%€674,834▲ 142%

Working capital€142,781▲ 176%€597,897▲ 319%€399,148▼ 33.2%€283,480▼ 29.0%€577,532▲ 104%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €37,043 after €65,991 in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €889,490

24.1%

75.9%

Equity €214,656 ▼ 18.8%

Debt €674,834 ▲ 142%

Debt's share of the balance-sheet total rises from 51.4% to 75.9%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

2.85▲

2024 · 2.09

Quick ratio

0.09▼

2024 · 0.71

Debt to equity

3.14▲

2024 · 1.06

ROE

-23.1%▼

2024 · 15.4%

ROA

-5.6%▼

2024 · 7.5%

Debt ≤ 1 year

€311,958▲

2024 · €259,979

Debt > 1 year

€362,876▲

2024 · €19,218

Income taxes

€307▼

2024 · €14,011

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 747 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

Small
5 to 10 years old
solvency 10 to 30%
a small loss

1.2% went bankrupt

1.9% stopped otherwise

97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.7%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 747 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines

Balance sheet Code20242025

Assets

Total assets20/58€543,459€889,490▲

Current assets29/58€543,459€889,490▲

Stocks and contracts in progress3€357,829€860,600▲

Stocks30/36€357,829€860,600▲

Amounts receivable within one year40/41€25,989€11,000▼

Trade receivables40-€5,500

Other amounts receivable41€25,989€5,500▼

Cash at bank and in hand54/58€158,705€17,350▼

Deferred charges and accrued income490/1€936€540▼

Equity and liabilities

Total equity and liabilities10/49€543,459€889,490▲

Equity10/15€264,262€214,656▼

Contributions10/11€18,600€18,600=

Profit (loss) carried forward14€245,662€196,056▼

Amounts payable17/49€279,197€674,834▲

Amounts payable after more than one year17€19,218€362,876▲

Financial debts170/4€19,218€362,876▲

Amounts payable within one year42/48€259,979€311,958▲

Trade debts44€182€365▲

Suppliers440/4€182€365▲

Taxes, remuneration and social security45€76€365▲

Taxes450/3€76€365▲

Other amounts payable47/48€259,721€311,229▲

Income statement Code20242025

Other operating charges640/8€1,256€1,854▲

Gross operating margin9900€67,246-€35,188▼

Operating profit (loss)9901€65,991-€37,043▼

Financial income75/76B-€1,564

Recurring financial income75-€1,564

Financial charges65/66B€11,368€13,820▲

Recurring financial charges65€11,368€13,820▲

Profit (loss) for the period before taxes9903€54,623-€49,299▼

Income taxes67/77€14,011€307▼

Profit (loss) for the period9904€40,612-€49,606▼

Profit (loss) for the period to be appropriated9905€40,612-€49,606▼

Appropriation of the result

Profit (loss) to be appropriated9906€245,662€196,056▼

Profit (loss) brought forward from the previous period14P€205,050€245,662▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Other operating charges640/8	€2,377	€462	€862	€1,256	€1,854	▲ 47.7%
Gross operating margin9900	€135,976	€100,565	€70,768	€67,246	-€35,188	▼ 152%
Operating profit (loss)9901	€133,598	€100,103	€69,906	€65,991	-€37,043	▼ 156%
Financial income75/76B	€1,161	-	€131	-	€1,564	-
Recurring financial income75	€1,161	-	€131	-	€1,564	-
Financial charges65/66B	€15,426	€3,465	€13,306	€11,368	€13,820	▲ 21.6%
Recurring financial charges65	€15,426	€3,465	€13,306	€11,368	€13,820	▲ 21.6%
Profit (loss) for the period before taxes9903	€119,334	€96,638	€56,731	€54,623	-€49,299	▼ 190%
Income taxes67/77	€22,251	€19,366	€15,263	€14,011	€307	▼ 97.8%
Profit (loss) for the period9904	€97,083	€77,272	€41,468	€40,612	-€49,606	▼ 222%
Profit (loss) for the period to be appropriated9905	€97,083	€77,272	€41,468	€40,612	-€49,606	▼ 222%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€707,796	€869,862	€813,178	€543,459	€889,490	▲ 63.7%
Current assets29/58	€707,796	€869,862	€813,178	€543,459	€889,490	▲ 63.7%
Stocks and contracts in progress3	€693,423	€845,942	€786,943	€357,829	€860,600	▲ 141%
Stocks30/36	€693,423	€845,942	€786,943	€357,829	€860,600	▲ 141%
Amounts receivable within one year40/41	€1,319	€750	€2,633	€25,989	€11,000	▼ 57.7%
Trade receivables40	-	€750	-	-	€5,500	-
Other amounts receivable41	€1,319	-	€2,633	€25,989	€5,500	▼ 78.8%
Cash at bank and in hand54/58	€13,054	€23,170	€23,142	€158,705	€17,350	▼ 89.1%
Deferred charges and accrued income490/1	-	-	€459	€936	€540	▼ 42.3%
Equity and liabilities
Total equity and liabilities10/49	€707,796	€869,862	€813,178	€543,459	€889,490	▲ 63.7%
Equity10/15	€104,910	€182,182	€223,650	€264,262	€214,656	▼ 18.8%
Contributions10/11	€18,600	€18,600	€18,600	€18,600	€18,600	=
Profit (loss) carried forward14	€86,310	€163,582	€205,050	€245,662	€196,056	▼ 20.2%
Amounts payable17/49	€602,886	€687,679	€589,527	€279,197	€674,834	▲ 142%
Amounts payable after more than one year17	€37,871	€415,715	€175,497	€19,218	€362,876	▲ 1,788%
Financial debts170/4	€37,871	€415,715	€175,497	€19,218	€362,876	▲ 1,788%
Amounts payable within one year42/48	€565,016	€271,964	€414,030	€259,979	€311,958	▲ 20.0%
Financial debts43	€254,324	-	-	-	-	-
Credit institutions430/8	€254,324	-	-	-	-	-
Trade debts44	€41,252	€5,543	€176	€182	€365	▲ 101%
Suppliers440/4	€41,252	€5,543	€176	€182	€365	▲ 101%
Taxes, remuneration and social security45	€22,251	€19,366	€15,359	€76	€365	▲ 377%
Taxes450/3	€22,251	€19,366	€15,359	€76	€365	▲ 377%
Other amounts payable47/48	€247,188	€247,056	€398,495	€259,721	€311,229	▲ 19.8%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€97,083	€77,272	€41,468	€40,612	-€49,606	▼ 222%
Operating cash flow (approximation)	€97,083	€77,272	€41,468	€40,612	-€49,606	▼ 222%
Change in cash	-	€10,116	-€28	€135,563	-€141,355	▼ 204%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 6Filings 6

Next filing, fiscal year 2026, expected by 30-04-2027

2026

29-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Weakest financial yearnet -€49,606

Net result drops to -€49,606, the lowest in the series.

26-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

30-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-09

Financial Equity above €200,000Eq €223,650 ▲22.8%

3 profitable years in a row build equity to €223,650.

27-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-09

Financial Liquidity triplescurrent ratio 3.20

Current ratio from 1.25 to 3.20; short-term debt falls from €565,016 to €271,964.

30-09

Financial Equity above €150,000Eq €182,182 ▲73.7%

2 profitable years in a row build equity to €182,182.

29-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-09

Financial Back to profitnet €97,083

Net result €97,083 after one loss-making year.

30-09

Financial Equity above €100,000Eq €104,910 ▲1,240%

Equity rises from €7,828 to €104,910.

27-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 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, Assenede · 1 establishment unit since 2018

seat establishment The establishment unit on the map

Ground area

1,435 m²

Building footprint

162 m²

Volume, LiDAR

826 m³

Parcel 43002B0001/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.

4 companies at this address See who is registered here

1 establishment unit

2M PROPERTIES

Hollekenstraat 26, 9960 AssenedeReal estate activities

since 20182.280.901.253

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43002B0001/00F000	Flanders	1,435 m²	1 · 162 m²	8.1 m · 2 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.

Identification & contact

Identification

Legal formPrivate limited company

Founded03-10-2018

Fiscal year end30-09

E-invoicing

Reachable via Peppol

Peppol ID 0208:0707741890

Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.