Equity
2M TECH paid out €47,059 in dividends. That is 94% of the 2025 profit.
2M TECH paid out €47,059 in dividends. That is 94% of the 2025 profit.
The accounts state no turnover.
Less equity than 83% of companies in fabricated metal products. Sector median €1.3m · 834 companies.
The dashed line is the sector median: 0.5% across 3,709 companies (NACE 25, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 52% of them on solvency, 39% on liquidity, 62% on profitability and 40% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as 2M TECH has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of 2M TECH itself: 0.1% within 12 months.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for 2M TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.46 (1.62 in 2024), below the usual 1.5. Short-term debt is 46.5% and cash 16.5% of total assets. 52.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| 2M TECH Welkenraedt | €584,755 | €245,767 | 47.9% | 2 |
| Demaco Laswerken Deinze | €703,211 | €195,701 | 50.3% | 1.3 |
| System-Inox Héron | €970,614 | €198,263 | 29.1% | 1.3 |
| Demaco Piping Deinze | €408,055 | €215,159 | 33.9% | 1.4 |
| Mecarudi Berchem-Sainte-Agathe | €743,821 | €429,074 | 70.9% | 3 |
| LEYS – OOMEN IJZERWERKEN Hoogstraten | €578,923 | €178,392 | -5.0% | 3.8 |
| OP DE BEECK HYDRAULICS Begijnendijk | €864,393 | €366,865 | 42.9% | 2 |
These companies have the same main activity as 2M TECH: machining of metals (NACE 25530). They are comparable in size and age: total assets between €408,000 and €971,000, founded between 2009 and 2018.
2M TECH has existed since 2014. The present size dates from 2023. The gross margin rose that year from €24,572 to €201,716.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €630,000. Estimated: probably between €380,000 and €1.2m.
Higher than 52% of 834 companies in 2025.
Higher than 40% of 826 companies in 2025.
Higher than 73% of 831 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
584,755 | 599,312 | 631,204 | 698,990 | 423,355 | 485,927 | 337,692 | 217,865 | 131,440 | 96,758 | 58,052 | |
21/28 |
186,005 | 216,847 | 267,327 | 292,003 | 66,400 | 61,666 | 10,951 | 13,439 | 14,003 | 12,628 | 15,484 | |
21 |
2,549 | 8,539 | 14,528 | 16,786 | 2,767 | 4,617 | - | - | - | - | - | |
22/27 |
181,506 | 206,359 | 250,849 | 273,267 | 61,683 | 55,098 | 9,001 | 11,489 | 12,053 | 10,678 | 13,534 | |
23 |
143,634 | 169,452 | 205,973 | 241,596 | 56,697 | 49,530 | 7,481 | 10,774 | 11,219 | 9,679 | 11,795 | |
24 |
14,643 | 14,823 | 20,888 | 6,092 | 4,986 | 5,568 | 1,520 | 716 | 833 | 999 | 1,739 | |
26 |
23,228 | 22,084 | 23,988 | 25,578 | - | - | - | - | - | - | - | |
28 |
1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | |
29/58 |
398,750 | 382,465 | 363,877 | 406,987 | 356,955 | 424,261 | 326,742 | 204,426 | 117,438 | 84,130 | 42,568 | |
3 |
66,085 | 59,609 | 81,097 | 73,736 | 55,163 | 10,000 | - | - | 1,500 | 13,500 | 500 | |
30/36 |
66,085 | 59,609 | 81,097 | 73,736 | 55,163 | 10,000 | - | - | 1,500 | 13,500 | 500 | |
40/41 |
232,144 | 145,021 | 144,066 | 110,888 | 127,774 | 116,411 | 74,326 | 27,365 | 50,824 | 43,744 | 22,320 | |
40 |
224,502 | 145,021 | 144,066 | 83,049 | 84,452 | 90,770 | 66,154 | 23,513 | 48,044 | 40,540 | 22,320 | |
41 |
7,642 | - | 0 | 27,839 | 43,322 | 25,640 | 8,172 | 3,852 | 2,780 | 3,204 | - | |
54/58 |
96,275 | 175,194 | 136,333 | 220,280 | 173,809 | 296,791 | 251,406 | 176,051 | 64,263 | 26,236 | 19,749 | |
490/1 |
4,246 | 2,641 | 2,381 | 2,082 | 209 | 1,059 | 1,010 | 1,010 | 850 | 650 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
584,755 | 599,312 | 631,204 | 698,990 | 423,355 | 485,927 | 337,692 | 217,865 | 131,440 | 96,758 | 58,052 | |
10/15 |
279,898 | 276,705 | 260,669 | 286,993 | 280,858 | 277,358 | 233,873 | 150,119 | 70,185 | 34,510 | 15,256 | |
10/11 |
20,460 | 20,460 | 20,460 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
- | - | 0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,440 | 460 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,440 | 460 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
14 |
259,438 | 256,245 | 240,209 | 266,533 | 272,798 | 269,298 | 225,813 | 142,059 | 62,125 | 26,870 | 8,596 | |
17/49 |
304,857 | 322,607 | 370,535 | 411,996 | 142,496 | 208,569 | 103,819 | 67,747 | 61,255 | 62,248 | 42,797 | |
17 |
32,331 | 85,708 | 137,527 | 168,297 | - | - | - | - | - | - | - | |
170/4 |
32,331 | 85,708 | 137,527 | 168,297 | - | - | - | - | - | - | - | |
42/48 |
272,202 | 236,582 | 232,680 | 243,599 | 138,496 | 206,769 | 96,619 | 62,347 | 57,655 | 60,031 | 35,206 | |
42 |
53,377 | 51,819 | 51,094 | 43,931 | - | - | - | - | - | - | - | |
44 |
107,361 | 69,570 | 80,404 | 198,388 | 123,730 | 127,860 | 12,334 | 9,601 | 16,527 | 22,780 | 15,021 | |
440/4 |
107,361 | 69,570 | 80,404 | 198,388 | 123,730 | 127,860 | 12,334 | 9,601 | 16,527 | 22,780 | 15,021 | |
45 |
40,050 | 44,117 | 18,457 | 0 | 14,017 | 53,214 | 62,315 | 32,099 | 22,566 | 10,624 | 8,321 | |
450/3 |
26,715 | 31,982 | 8,505 | 0 | 14,017 | 53,214 | 62,315 | 32,099 | 22,566 | 10,624 | 8,321 | |
454/9 |
13,335 | 12,135 | 9,952 | - | - | - | - | - | - | - | - | |
47/48 |
71,414 | 71,076 | 82,725 | 1,279 | 749 | 25,695 | 21,970 | 20,647 | 18,562 | 26,627 | 11,865 | |
492/3 |
324 | 317 | 328 | 100 | 4,000 | 1,800 | 7,200 | 5,400 | 3,600 | 2,218 | 7,590 | |
| Income statement | ||||||||||||
76A |
1,810 | - | 0 | 6,000 | - | 5,400 | - | - | - | - | - | |
9900 |
245,767 | 264,651 | 201,716 | 24,572 | 28,063 | 69,691 | 129,311 | 109,014 | 63,914 | 48,628 | 26,319 | |
62 |
88,116 | 84,758 | 63,348 | - | - | - | - | - | - | - | - | |
630 |
80,766 | 75,062 | 68,620 | 27,473 | 23,742 | 10,977 | 5,360 | 4,737 | 8,523 | 6,867 | 7,641 | |
631/4 |
0 | 6,630 | 22,805 | - | - | - | - | - | - | 10,975 | 3,765 | |
640/8 |
1,362 | 1,379 | 1,169 | 511 | 585 | 976 | 419 | 1,056 | 893 | 769 | 419 | |
66A |
3,128 | 2,597 | - | - | - | - | 139 | - | - | - | - | |
9901 |
72,396 | 94,226 | 45,774 | -3,412 | 3,735 | 57,738 | 123,393 | 103,222 | 54,498 | 30,017 | 14,494 | |
75/76B |
24 | 9 | 450 | 66 | 0 | 294 | 53 | 21 | 3 | 0 | 5 | |
75 |
24 | 9 | 450 | 66 | 0 | 294 | 53 | 21 | 3 | 0 | 5 | |
65/66B |
3,810 | 5,486 | 6,727 | 2,919 | 235 | 530 | 495 | 191 | 187 | 240 | 144 | |
65 |
3,810 | 5,486 | 6,727 | 2,919 | 235 | 530 | 495 | 191 | 187 | 240 | 144 | |
9903 |
68,610 | 88,749 | 39,497 | -6,265 | 3,500 | 57,502 | 122,951 | 103,052 | 54,314 | 29,777 | 14,356 | |
67/77 |
18,358 | 25,653 | 6,998 | - | - | 14,017 | 39,197 | 23,118 | 18,639 | 10,523 | 5,300 | |
9904 |
50,252 | 63,096 | 32,499 | -6,265 | 3,500 | 43,485 | 83,754 | 79,934 | 35,675 | 19,254 | 9,056 | |
9905 |
50,252 | 63,096 | 32,499 | -6,265 | 3,500 | 43,485 | 83,754 | 79,934 | 35,675 | 19,254 | 9,056 | |
| Appropriation of the result | ||||||||||||
9906 |
306,497 | 303,304 | 299,032 | 266,533 | 272,798 | 269,298 | 225,813 | 142,059 | 62,545 | 27,850 | 9,056 | |
14P |
256,245 | 240,209 | 266,533 | 272,798 | 269,298 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 420 | 980 | 460 | |
6920 |
- | - | - | - | - | - | - | - | 420 | 980 | 460 | |
694/7 |
47,059 | 47,059 | 58,824 | - | - | - | - | - | - | - | - | |
694 |
47,059 | 47,059 | 58,824 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
2 | 2 | 1.8 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
3,518 | 3,588 | 2,920 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 13-04-2026 | 2026-00080346 | |
| 31-12-2024 | full format | 08-07-2025 | 2025-00244211 | |
| 31-12-2023 | micro format | 19-04-2024 | 2024-00065320 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00152310 | |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20232571 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55300570 | |
| 31-12-2019 | micro format | 12-11-2020 | 2020-69900351 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67300446 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-66600469 | |
| 31-12-2016 | micro format | 27-09-2017 | 2017-63300488 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-63500551 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 153,162 | 169,288 | 114,395 | 24,061 | 27,478 | 68,715 | 128,753 | 107,959 | 63,021 | 36,885 | 22,135 | ||
| 131,018 | 138,157 | 101,119 | 21,208 | 27,243 | 54,462 | 89,114 | 84,671 | 44,199 | 26,121 | 16,696 | ||
| 60,092 | 27,178 | 43,945 | 253,076 | 28,476 | 61,692 | 3,010 | 4,173 | 9,898 | 4,012 | 22,055 | ||
| -78,918 | 38,861 | -83,947 | 46,471 | -122,982 | 45,386 | 75,355 | 111,788 | 38,028 | 6,487 | - | ||
| 126,548 | 145,883 | 131,196 | 163,388 | 218,459 | 217,492 | 230,122 | 142,079 | 59,782 | 24,099 | 7,362 | ||
| 47.9% | 46.2% | 41.3% | 41.1% | 66.3% | 57.1% | 69.3% | 68.9% | 53.4% | 35.7% | 26.3% | ||
| 1.46 | 1.62 | 1.56 | 1.67 | 2.58 | 2.05 | 3.38 | 3.28 | 2.04 | 1.40 | 1.21 | ||
| 1.22 | 1.36 | 1.22 | 1.37 | 2.18 | 2.00 | 3.38 | 3.28 | 2.01 | 1.18 | 1.19 | ||
| 1.09 | 1.17 | 1.42 | 1.44 | 0.51 | 0.75 | 0.44 | 0.45 | 0.87 | 1.80 | 2.81 | ||
| 18.0% | 22.8% | 12.5% | -2.2% | 1.2% | 15.7% | 35.8% | 53.2% | 50.8% | 55.8% | 59.4% | ||
| 8.6% | 10.5% | 5.1% | -0.9% | 0.8% | 8.9% | 24.8% | 36.7% | 27.1% | 19.9% | 15.6% | ||
| 40.20 | 30.86 | 17.00 | 8.24 | over 100 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 2 | 2 | 2 |
| 2 | 2 | 1.8 | |
| On a permanent contract | 2 | 2 | 2 |
| Joined | - | - | 4 |
| Left | - | - | 2 |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €60,092 | €27,178 | €41,845 | €237,206 | €28,476 |
| Intangible fixed assets | - | - | €2,100 | €15,870 | - |
| Financial fixed assets | €0 | - | - | - | - |
| €80,766 | €75,062 | €68,620 | €27,473 | €23,742 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 23% lower than in 2024.
Debt's share of the balance-sheet total falls from 53.8% to 52.1%. Equity is higher and debt is lower.
1 other company of this director went bankrupt (2021).
1 other company of this director went bankrupt (2021).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
2M TECH has no parent and no holdings in its annual accounts.
| VAFMD
registered office since 21-12-2016 · founded in 2016 |
total assets €150,577 (2025) 0667.807.782 |
| Derichs, Michael (sole trader)
establishment since 05-05-2014 |
founded in 2014 0551.878.035 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Verviers 2 registered office 4841 Welkenraedt | 01-01-2015 | 2.237.539.481 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63032A0290/00H000 | 136 m² | 1 · 73 m² | 10.6 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0506.792.435
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