2MI PLUS
InactiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 12 filings
Equity
€31,718▼ 29.0%
2024 · €44,699
Total assets
€31,857▼ 30.7%
2024 · €45,954
Net result
-€12,982▼ 51.0%
2024 · -€8,600
Working capital
€15,584▼ 24.0%
2024 · €20,512
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €16,924, larger than the loss of €7,805 in 2024. It is the lowest result since 2021.
Operating result-€16,924
2025
Net result-€12,982
2025
Total assets€31,857
2025
Equity€31,718
2025
Debt€140
2025
Working capital€15,584
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€5,617--€16,393▼ 192%-€9,437▲ 42.4%-€373▲ 96.0%-€2,859▼ 667%-€7,805▼ 173%-€16,924▼ 117%
Net result-€1,694--€8,408▼ 396%-€10,081▼ 19.9%€1,846-€1,818-€8,600▼ 373%-€12,982▼ 51.0%
Equity€91,760-€73,352▼ 20.1%€53,271▼ 27.4%€55,117▲ 3.5%€53,299▼ 3.3%€44,699▼ 16.1%€31,718▼ 29.0%
Total assets€141,333-€84,572▼ 40.2%€65,187▼ 22.9%€109,701▲ 68.3%€54,941▼ 49.9%€45,954▼ 16.4%€31,857▼ 30.7%
Debt€49,573-€11,219▼ 77.4%€11,916▲ 6.2%€54,583▲ 358%€1,641▼ 97.0%€1,255▼ 23.5%€140▼ 88.9%
Working capital€76,488-€65,612▼ 14.2%€52,370▼ 20.2%€66,922▲ 27.8%€21,004▼ 68.6%€20,512▼ 2.3%€15,584▼ 24.0%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,857
Fixed assets
€16,133 ▼ 33.3%
Current assets
€15,724 ▼ 27.8%
Equity and liabilities €31,857
Equity
€31,718 ▼ 29.0%
Debt
€140 ▼ 88.9%
Debt's share of the balance-sheet total falls from 2.7% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€8,870▼
2024 · €303
Cash flow
-€4,928▼
2024 · -€492
Debt to equity
0.00▼
2024 · 0.03
ROE
-40.9%▼
2024 · -19.2%
ROA
-40.8%▼
2024 · -18.7%
Interest coverage
-43.92▼
2024 · 0.53
Debt ≤ 1 year
€140▼
2024 · €1,255
Income taxes
€521▲
2024 · €467
A ratio outside any meaningful range has been withheld (balance sheet total €31,857, equity €31,718).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,616 | €7,532 | €7,504 | €206 | €7,913 | €8,108 | €8,054 | ▼ 0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3,112 | - | - | - |
| Other operating charges640/8 | - | - | - | €850 | €3,410 | €859 | €916 | ▲ 6.6% |
| Gross operating margin9900 | €2,771 | -€8,406 | -€1,087 | €682 | €11,577 | €1,162 | -€7,954 | - |
| Operating profit (loss)9901 | -€5,617 | -€16,393 | -€9,437 | -€373 | -€2,859 | -€7,805 | -€16,924 | ▼ 117% |
| Financial income75/76B | - | - | - | €5,053 | €223 | €244 | €4,665 | ▲ 19× |
| Recurring financial income75 | €6,040 | €9,515 | €444 | €5,053 | €223 | €244 | €4,665 | ▲ 19× |
| Financial charges65/66B | - | - | - | €740 | €535 | €572 | €202 | ▼ 64.7% |
| Recurring financial charges65 | €352 | €1,052 | €788 | €740 | €535 | €572 | €202 | ▼ 64.7% |
| Profit (loss) for the period before taxes9903 | €71 | -€7,930 | -€9,781 | €3,940 | -€3,171 | -€8,133 | -€12,461 | ▼ 53.2% |
| Income taxes67/77 | €1,765 | €478 | €300 | €2,094 | -€1,354 | €467 | €521 | ▲ 11.6% |
| Profit (loss) for the period9904 | -€1,694 | -€8,408 | -€10,081 | €1,846 | -€1,818 | -€8,600 | -€12,982 | ▼ 51.0% |
| Profit (loss) for the period to be appropriated9905 | €44,806 | €38,092 | €14,719 | €1,846 | -€1,818 | -€8,600 | -€12,982 | ▼ 51.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €141,333 | €84,572 | €65,187 | €109,701 | €54,941 | €45,954 | €31,857 | ▼ 30.7% |
| Fixed assets21/28 | €15,272 | €7,740 | €901 | €695 | €32,295 | €24,187 | €16,133 | ▼ 33.3% |
| Tangible fixed assets22/27 | €15,272 | €7,740 | €901 | €695 | €32,295 | €24,187 | €16,133 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | €695 | €32,295 | €24,187 | €16,133 | ▼ 33.3% |
| Current assets29/58 | €126,060 | €76,832 | €64,286 | €109,005 | €22,645 | €21,767 | €15,724 | ▼ 27.8% |
| Amounts receivable within one year40/41 | €14,376 | €3,910 | €1,443 | €63,890 | €4,642 | €2,816 | €1,503 | ▼ 46.6% |
| Trade receivables40 | - | - | - | €62,558 | €3,906 | €2,045 | €1,138 | ▼ 44.4% |
| Other amounts receivable41 | - | - | - | €1,332 | €736 | €771 | €365 | ▼ 52.6% |
| Current investments50/53 | €95,481 | €42,151 | €41,689 | €12,092 | €12,092 | €12,092 | €10,100 | ▼ 16.5% |
| Cash at bank and in hand54/58 | €14,370 | €30,360 | €19,674 | €31,653 | €4,770 | €5,674 | €4,121 | ▼ 27.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,369 | €1,141 | €1,185 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €141,333 | €84,572 | €65,187 | €109,701 | €54,941 | €45,954 | €31,857 | ▼ 30.7% |
| Equity10/15 | €91,760 | €73,352 | €53,271 | €55,117 | €53,299 | €44,699 | €31,718 | ▼ 29.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €73,160 | €26,660 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | - | €28,092 | €32,811 | €34,657 | €32,839 | €24,239 | €11,258 | ▼ 53.6% |
| Amounts payable17/49 | €49,573 | €11,219 | €11,916 | €54,583 | €1,641 | €1,255 | €140 | ▼ 88.9% |
| Amounts payable within one year42/48 | €49,573 | €11,219 | €11,916 | €42,083 | €1,641 | €1,255 | €140 | ▼ 88.9% |
| Trade debts44 | €1,878 | €571 | €1,404 | €40,124 | €895 | €1,255 | €140 | ▼ 88.9% |
| Suppliers440/4 | - | - | - | €40,124 | €895 | €1,255 | €140 | ▼ 88.9% |
| Taxes, remuneration and social security45 | - | - | - | €1,959 | €746 | - | - | - |
| Taxes450/3 | - | - | - | €1,959 | €746 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €12,500 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,694 | -€8,408 | -€10,081 | €1,846 | -€1,818 | -€8,600 | -€12,982 | ▼ 51.0% |
| + Depreciation and write-downs630 | €7,616 | €7,532 | €7,504 | €206 | €7,913 | €8,108 | €8,054 | ▼ 0.7% |
| Operating cash flow (approximation) | €5,922 | -€876 | -€2,577 | €2,052 | €6,096 | -€492 | -€4,928 | ▼ 902% |
| Investment in fixed assets (approximation) | - | €0 | -€665 | €0 | -€39,514 | €0 | €0 | - |
| Change in cash | - | €15,991 | -€10,686 | €11,979 | -€26,883 | €904 | -€1,553 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 23-12-2025 | 2026-00593345 | |
| 30-09-2024 | micro format | 24-12-2024 | 2025-00629521 | |
| 30-09-2023 | micro format | 28-12-2023 | 2023-00539437 | |
| 30-09-2022 | micro format | 04-01-2023 | 2023-20553250 | |
| 30-09-2021 | micro format | 22-03-2022 | 2022-08200077 | |
| 30-09-2020 | micro format | 21-12-2020 | 2020-76500492 | |
| 30-09-2019 | micro format | 11-12-2019 | 2019-75900010 | |
| 30-09-2018 | micro format | 17-12-2018 | 2018-75300255 | |
| 30-09-2017 | micro format | 24-01-2018 | 2018-02000354 | |
| 30-09-2016 | full format | 13-12-2016 | 2016-69900270 |