ACTIEF CONSTRUCT

Active

Public limited companyfounded 200224 yrs activeBosstraat 67, 3560 Lummen, BelgiumKBO/BCE: BE 0476.577.628

Summary

ACTIEF CONSTRUCT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59.2m and a net result of €3.2m. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysis Watch Report Compare

ACTIEF CONSTRUCTActiveChecked score 85/100

Risk analysis Report Compare

Checked score

Score 2024

85 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability76▲+1

Solvency100=

Growth63▲+1

Track record100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1,650,000 at 30 days acceptable

Liquidity ample (current ratio 15.47 against 16.13 in 2023; short-term debt: 3.2% of total assets), and 3.3% of the assets are financed with debt.

Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

96.7%

Return on assets

5.2%

Age of the figures

21 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 78

Relative position

BE, all sectors

reference

Employment activities (NACE 78)

about 17% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

59 d early

2023

55 d early

2022

28 d early

2021

25 d early

2020

2 d early

2019

31 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.

Checked, nothing found (1)

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

On 8 January 2002, ACTIEF CONSTRUCT was incorporated.¹ The capital was increased 2 times between 2007 and 2011, most recently to EUR 20 million.²³ In 2016 the registered office moved to Lummen.⁴ Of the 2 current board members, NNK has served longest, since 2019.⁵ Revenue went from EUR 16 million in 2018 to EUR 17 million in 2024 and headcount from 138 to 335 full-time equivalents.⁶

Go further with this company

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 Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror 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 2024, full schema

In the rankings #1 fastest grower in Lummen #2 company by equity in Limburg, Employment activities sector #2 company by total assets in Lummen, Administrative and support services sector

Turnover

€16.6m▲ 7.1%

2023 · €15.5m

EBIT margin

14.2%▲ 0.6pp

2023 · 13.7%

Net result

€3.2m▲ 15.1%

2023 · €2.8m

Working capital

€28.5m▲ 12.6%

2023 · €25.3m

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

Line20202021202220232024

Turnover€15.2m▲ 2.7%€15.2m▲ 0.2%€14.3m▼ 6.3%€15.5m▲ 8.8%€16.6m▲ 7.1%

Operating result€2.0m▲ 1.6%€1.8m▼ 7.1%€1.6m▼ 11.4%€2.1m▲ 31.4%€2.4m▲ 11.4%

Net result€2.0m▲ 10.5%€2.0m▲ 1.6%€1.9m▼ 6.0%€2.8m▲ 47.7%€3.2m▲ 15.1%

EBIT margin12.9%▼ 0.1pp12.0%▼ 0.9pp11.3%▼ 0.6pp13.7%▲ 2.4pp14.2%▲ 0.6pp

Equity€49.5m▲ 4.1%€51.4m▲ 4.0%€53.3m▲ 3.6%€56.1m▲ 5.2%€59.2m▲ 5.6%

Total assets€52.3m▲ 6.1%€55.8m▲ 6.8%€54.8m▼ 1.9%€57.8m▲ 5.5%€61.2m▲ 5.9%

Debt€2.8m▲ 60.8%€4.4m▲ 55.1%€1.5m▼ 66.4%€1.7m▲ 17.1%€2.0m▲ 15.8%

Working capital€19.2m▲ 13.1%€20.8m▲ 8.0%€22.5m▲ 8.2%€25.3m▲ 12.3%€28.5m▲ 12.6%

Staff (FTE)146.2▲ 48.3%139.7▼ 4.4%138.5▼ 0.9%177.6▲ 28.2%334.7▲ 88.5%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 11% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €61.2m

50.3%

49.7%

Fixed assets €30.8m ▼ 0.2%

Current assets €30.4m ▲ 13.0%

Equity and liabilities €61.2m

96.7%

Equity €59.2m ▲ 5.6%

Debt €2.0m ▲ 15.8%

Debt's share of the balance-sheet total rises from 3.0% to 3.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€2.4m▲

2023 · €2.2m

Cash flow

€3.2m▲

2023 · €2.8m

Current ratio

15.47▼

2023 · 16.13

Debt to equity

0.03▲

2023 · 0.03

ROE

5.3%▲

2023 · 4.9%

ROA

5.2%▲

2023 · 4.8%

Interest coverage

99.58▲

2023 · 71.05

Debt ≤ 1 year

€2.0m▲

2023 · €1.7m

Income taxes

€1.1m▲

2023 · €941,162

Staff costs

€12.0m▲

2023 · €11.3m

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

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2024 against 2023 · 63 lines

Balance sheet Code20232024

Assets

Total assets20/58€57.8m€61.2m▲

Fixed assets21/28€30.8m€30.8m▼

Tangible fixed assets22/27€152,763€101,880▼

Furniture and vehicles24€46,210€30,073▼

Other tangible fixed assets26€106,553€71,807▼

Financial fixed assets28€30.7m€30.7m=

Affiliated companies280/1€30.7m€30.7m=

Participating interests280€30.7m€30.7m=

Other financial fixed assets284/8€2,150€2,095▼

Amounts receivable and cash guarantees285/8€2,150€2,095▼

Current assets29/58€26.9m€30.4m▲

Amounts receivable after more than one year29€6.0m€6.0m=

Other amounts receivable291€6.0m€6.0m=

Amounts receivable within one year40/41€20.0m€23.9m▲

Trade receivables40€557,461€910,771▲

Other amounts receivable41€19.5m€23.0m▲

Deferred charges and accrued income490/1€905,423€487,416▼

Equity and liabilities

Total equity and liabilities10/49€57.8m€61.2m▲

Equity10/15€56.1m€59.2m▲

Contributions10/11€237,664€237,664=

Capital10€61,500€61,500=

Issued capital100€61,500€61,500=

Outside capital11€176,164€176,164=

Share premium1100/10€176,164€176,164=

Reserves13€530,769€530,769=

Non-distributable reserves130/1€530,769€530,769=

Legal reserve130€530,769€530,769=

Profit (loss) carried forward14€55.3m€58.4m▲

Amounts payable17/49€1.7m€2.0m▲

Amounts payable within one year42/48€1.7m€2.0m▲

Trade debts44€599,187€771,203▲

Suppliers440/4€599,187€771,203▲

Taxes, remuneration and social security45€1.1m€1.2m▲

Taxes450/3€220,186€219,444▼

Remuneration and social security454/9€850,172€975,498▲

Accrued charges and deferred income492/3€51,778€26,658▼

Income statement Code20232024

Operating income70/76A€16.3m€17.3m▲

Turnover70€15.5m€16.6m▲

Other operating income74€790,111€636,041▼

Operating charges60/66A€14.2m€14.9m▲

Services and other goods61€2.8m€2.8m=

Remuneration, social security and pensions62€11.3m€12.0m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,552€51,639▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€13,694€27,615▲

Other operating charges640/8€17,412€43,170▲

Operating profit (loss)9901€2.1m€2.4m▲

Financial income75/76B€1.6m€1.9m▲

Recurring financial income75€1.6m€1.9m▲

Income from current assets751€1.6m€1.9m▲

Other financial income752/9€19,666€10,448▼

Financial charges65/66B€30,627€24,281▼

Recurring financial charges65€30,627€24,281▼

Debt charges650€30,596€24,269▼

Other financial charges652/9€31€12▼

Profit (loss) for the period before taxes9903€3.7m€4.2m▲

Income taxes67/77€941,162€1.1m▲

Taxes670/3€941,292€1.2m▲

Tax adjustments and reversals of tax provisions77€130€113,097▲

Profit (loss) for the period9904€2.8m€3.2m▲

Profit (loss) for the period to be appropriated9905€2.8m€3.2m▲

Appropriation of the result

Profit (loss) to be appropriated9906€55.3m€58.4m▲

Profit (loss) brought forward from the previous period14P€52.5m€55.3m▲

Social balance

Average headcount (FTE)9087177.6334.7▲

The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2020	2021	2022	2023	2024	Change
Operating income70/76A	-	€15.8m	€14.8m	€16.3m	€17.3m	▲ 5.8%
Turnover70	€15.2m	€15.2m	€14.3m	€15.5m	€16.6m	▲ 7.1%
Other operating income74	-	€597,007	€505,349	€790,111	€636,041	▼ 19.5%
Non-recurring operating income76A	-	€6,883	-	-	-	-
Operating charges60/66A	-	€14.0m	€13.2m	€14.2m	€14.9m	▲ 5.0%
Services and other goods61	-	€2.5m	€2.5m	€2.8m	€2.8m	=
Remuneration, social security and pensions62	-	€11.4m	€10.5m	€11.3m	€12.0m	▲ 5.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€591	€12,576	€34,106	€51,552	€51,639	▲ 0.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	-€30,917	€65,728	-€13,694	€27,615	▲ 302%
Other operating charges640/8	-	€105,500	€14,192	€17,412	€43,170	▲ 148%
Operating profit (loss)9901	€2.0m	€1.8m	€1.6m	€2.1m	€2.4m	▲ 11.4%
Financial income75/76B	-	€840,720	€898,042	€1.6m	€1.9m	▲ 18.9%
Recurring financial income75	€651,910	€840,720	€898,042	€1.6m	€1.9m	▲ 18.9%
Income from current assets751	-	€826,494	€896,925	€1.6m	€1.9m	▲ 19.7%
Other financial income752/9	-	€14,226	€1,117	€19,666	€10,448	▼ 46.9%
Financial charges65/66B	-	€15,191	€18,953	€30,627	€24,281	▼ 20.7%
Recurring financial charges65	€6,745	€15,191	€18,953	€30,627	€24,281	▼ 20.7%
Debt charges650	-	€14,547	€18,890	€30,596	€24,269	▼ 20.7%
Other financial charges652/9	-	€644	€63	€31	€12	▼ 60.3%
Profit (loss) for the period before taxes9903	€2.6m	€2.6m	€2.5m	€3.7m	€4.2m	▲ 14.9%
Income taxes67/77	€655,325	€665,494	€631,385	€941,162	€1.1m	▲ 14.4%
Taxes670/3	-	€671,844	€636,000	€941,292	€1.2m	▲ 26.4%
Tax adjustments and reversals of tax provisions77	-	€6,350	€4,615	€130	€113,097	▲ 86,891%
Profit (loss) for the period9904	€2.0m	€2.0m	€1.9m	€2.8m	€3.2m	▲ 15.1%
Profit (loss) for the period to be appropriated9905	€2.0m	€2.0m	€1.9m	€2.8m	€3.2m	▲ 15.1%

Line	2020	2021	2022	2023	2024	Change
Assets
Total assets20/58	€52.3m	€55.8m	€54.8m	€57.8m	€61.2m	▲ 5.9%
Fixed assets21/28	€30.7m	€30.8m	€30.9m	€30.8m	€30.8m	▼ 0.2%
Tangible fixed assets22/27	€21,901	€72,738	€173,202	€152,763	€101,880	▼ 33.3%
Furniture and vehicles24	-	€42,307	€59,789	€46,210	€30,073	▼ 34.9%
Other tangible fixed assets26	-	€30,431	€113,414	€106,553	€71,807	▼ 32.6%
Financial fixed assets28	€30.7m	€30.7m	€30.7m	€30.7m	€30.7m	=
Affiliated companies280/1	-	€30.7m	€30.7m	€30.7m	€30.7m	=
Participating interests280	-	€30.7m	€30.7m	€30.7m	€30.7m	=
Other financial fixed assets284/8	-	€1,650	€2,150	€2,150	€2,095	▼ 2.6%
Amounts receivable and cash guarantees285/8	-	€1,650	€2,150	€2,150	€2,095	▼ 2.6%
Current assets29/58	€21.6m	€25.1m	€23.9m	€26.9m	€30.4m	▲ 13.0%
Amounts receivable after more than one year29	-	€6.0m	€6.0m	€6.0m	€6.0m	=
Other amounts receivable291	-	€6.0m	€6.0m	€6.0m	€6.0m	=
Amounts receivable within one year40/41	€14.6m	€18.5m	€17.7m	€20.0m	€23.9m	▲ 19.5%
Trade receivables40	-	€421,744	€679,944	€557,461	€910,771	▲ 63.4%
Other amounts receivable41	-	€18.1m	€17.0m	€19.5m	€23.0m	▲ 18.3%
Deferred charges and accrued income490/1	-	€544,959	€213,783	€905,423	€487,416	▼ 46.2%
Equity and liabilities
Total equity and liabilities10/49	€52.3m	€55.8m	€54.8m	€57.8m	€61.2m	▲ 5.9%
Equity10/15	€49.5m	€51.4m	€53.3m	€56.1m	€59.2m	▲ 5.6%
Contributions10/11	€61,500	€237,664	€237,664	€237,664	€237,664	=
Capital10	-	€61,500	€61,500	€61,500	€61,500	=
Issued capital100	-	€61,500	€61,500	€61,500	€61,500	=
Outside capital11	-	€176,164	€176,164	€176,164	€176,164	=
Share premium1100/10	-	€176,164	€176,164	€176,164	€176,164	=
Reserves13	€530,769	€530,769	€530,769	€530,769	€530,769	=
Non-distributable reserves130/1	-	€530,769	€530,769	€530,769	€530,769	=
Legal reserve130	-	€530,769	€530,769	€530,769	€530,769	=
Profit (loss) carried forward14	€48.7m	€50.7m	€52.5m	€55.3m	€58.4m	▲ 5.7%
Amounts payable17/49	€2.8m	€4.4m	€1.5m	€1.7m	€2.0m	▲ 15.8%
Amounts payable after more than one year17	€417,654	-	-	-	-	-
Amounts payable within one year42/48	€2.3m	€4.3m	€1.4m	€1.7m	€2.0m	▲ 17.8%
Financial debts43	-	€1.2m	-	-	-	-
Credit institutions430/8	-	€1.2m	-	-	-	-
Trade debts44	€229,626	€2.2m	€613,955	€599,187	€771,203	▲ 28.7%
Suppliers440/4	-	€2.2m	€613,955	€599,187	€771,203	▲ 28.7%
Taxes, remuneration and social security45	-	€964,245	€810,410	€1.1m	€1.2m	▲ 11.6%
Taxes450/3	-	€79,479	€164,304	€220,186	€219,444	▼ 0.3%
Remuneration and social security454/9	-	€884,765	€646,106	€850,172	€975,498	▲ 14.7%
Accrued charges and deferred income492/3	-	€96,914	€45,728	€51,778	€26,658	▼ 48.5%

Line	2020	2021	2022	2023	2024	Change
Profit (loss) for the period9904	€2.0m	€2.0m	€1.9m	€2.8m	€3.2m	▲ 15.1%
+ Depreciation and write-downs630	€591	€12,576	€34,106	€51,552	€51,639	▲ 0.2%
Operating cash flow (approximation)	€2.0m	€2.0m	€1.9m	€2.8m	€3.2m	▲ 14.8%
Investment in fixed assets (approximation)	-	-€64,783	-€135,070	-€31,113	-€701	▲ 97.7%

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

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Timeline · acts, filings and financial milestones

All 42Financial 3Gazette 29Filings 10

2025

02-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2018net €3.2m ▲15.1%

Operating result €2.4m, net result €3.2m, both a record.

17-07

State Gazette act Reappointments: M2M NV (director) and NNK BV (director)

Permanent representatives: Mark Maesen, Bruno Thollebeke and Olaf Janssen · Mandate compensation · Permanent representative removal10 facts ▸

General meeting, 31-05-2024
General meeting, 15-05-2024
Director reappointment, M2M NV (director)
Permanent representative, Mark Maesen
Mandate compensation, M2M NV
Director reappointment, NNK BV (director)
Permanent representative, Bruno Thollebeke
Mandate compensation, NNK BV
Permanent representative removal, vervangen door Olaf Janssen met ingang 15/05/2024
Permanent representative, Olaf Janssen

06-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

03-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Liquidity triplescurrent ratio 16.79

Current ratio from 5.85 to 16.79; short-term debt falls from €4.3m to €1.4m.

20-12

State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)

Permanent representative: Stefan Olivier · Power of attorney4 facts ▸

General meeting, 27-05-2022
Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Stefan Olivier
Power of attorney, Simmons & Simmons LLP

06-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Equity above €50mEq €51.4m ▲4%

4 profitable years in a row build equity to €51.4m.

04-10

State Gazette act Resignation: InterAction BV (director)

2 facts ▸

General meeting, 30-06-2021
Director resignation, InterAction BV (director)

29-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

13-07

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)

Permanent representative: Stefan Olivier · Power of attorney4 facts ▸

General meeting, 31-05-2019
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Stefan Olivier
Power of attorney, Yannick Sternotte

Show earlier events

30-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

18-02

State Gazette act Appointment: CKC, BV (director)

Permanent representative: Claeyssens Kenneth · Mandate compensation4 facts ▸

General meeting, 30-01-2020
Director appointment, CKC, BV (director)
Permanent representative, Claeyssens Kenneth
Mandate compensation, CKC, BV

2019

29-07

State Gazette act Resignation: Finspirit VOF (director)

Permanent representative: Koen Vlayen · Appointment: InterAction BV (director) · Mandate compensation6 facts ▸

General meeting, 09-07-2019
Director resignation, Finspirit VOF (director)
Permanent representative, Koen Vlayen
Director appointment, InterAction BV (director)
Permanent representative, Koen Vlayen
Mandate compensation, InterAction BV

12-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

10-07

State Gazette act Appointment: NNK BVBA (director)

Mandate compensation6 facts ▸

General meeting, 03-06-2019
Director appointment, NNK BVBA (director)
Mandate compensation, NNK BVBA
Board meeting, 03-06-2019
Director appointment, NNK BVBA (managing director)
Mandate compensation, NNK BVBA

2018

07-12

State Gazette act Resignation: Linnovation GCV (director)

Permanent representatives: Ingrid Lieten and Mark Maesen · Appointment: M2M NV (director)6 facts ▸

General meeting, 12-11-2018
Director resignation, Linnovation GCV (director)
Director resignation, Linnovation GCV (managing director)
Permanent representative, Ingrid Lieten
Director appointment, M2M NV (director)
Permanent representative, Mark Maesen

28-08

State Gazette act Miscellaneous

General meeting1 fact ▸

General meeting, 07-08-2018

26-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

19-04

State Gazette act Resignation: M2M NV (managing director)

Permanent representatives: Mark Maesen, Ingrid Lieten and Adriaan de Leeuw · Appointment: Linnovation Comm. V. (managing director) · Mandate compensation7 facts ▸

Board meeting, 19-12-2017
Director resignation, M2M NV (managing director)
Permanent representative, Mark Maesen
Director appointment, Linnovation Comm. V. (managing director)
Permanent representative, Ingrid Lieten
Mandate compensation, Linnovation Comm. V.
Permanent representative, Adriaan de Leeuw

23-01

State Gazette act Resignation: M2M NV (director)

Permanent representatives: Mark Maesen, Ingrid Lieten and Adriaan de Leeuw · Appointment: Linnovation Comm. V. (director) · Mandate compensation7 facts ▸

General meeting, 19-12-2017
Director resignation, M2M NV (director)
Permanent representative, Mark Maesen
Director appointment, Linnovation Comm. V. (director)
Permanent representative, Ingrid Lieten
Mandate compensation, Linnovation Comm. V.
Permanent representative, Adriaan de Leeuw

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

08-09

State Gazette act Reappointments: M2M NV, Finspirit BVBA and Ernst & Young Bedrijfsrevisor

Permanent representatives: Maesen Mark, Vlayen Koen and Stefan Olivier10 facts ▸

General meeting, 27-05-2016
Director reappointment, M2M NV (director)
Permanent representative, Maesen Mark
Director reappointment, Finspirit BVBA (director)
Permanent representative, Vlayen Koen
Auditor reappointment, Ernst & Young Bedrijfsrevisor (statutory auditor)
Permanent representative, Stefan Olivier
Board meeting, 29-04-2016
Board meeting, 27-05-2016
Director reappointment, M2M NV (managing director)

23-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

29-01

State Gazette act Registered office

Registered-office move · Power of attorney4 facts ▸

General meeting, 10-12-2015
Registered-office move, Bosstraat 67 bus 2 te 3560 Lummen
Power of attorney, Mark Maesen
Power of attorney, Koen Vlayen

2015

12-10

State Gazette act Miscellaneous

General meeting1 fact ▸

General meeting, 08-09-2015

28-08

State Gazette act Permanent representative: Mark Maesen

2 facts ▸

General meeting, 11-08-2015
Permanent representative, Mark Maesen

2014

01-09

State Gazette act Miscellaneous

General meeting1 fact ▸

General meeting, 12-08-2014

2013

04-11

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)

Permanent representatives: Stefan Olivier and Koen Vlayen4 facts ▸

General meeting, 31-05-2013
Auditor reappointment, Ernst & Young Bedrijfsrevisoren
Permanent representative, Stefan Olivier
Permanent representative, Koen Vlayen

2012

17-01

State Gazette act Capital & shares · Statutes amendment

Capital decrease · Reserve release · Capital8 facts ▸

General meeting, 23-12-2011
Capital decrease, €19.813.464,13
Reserve release, in natura, 186535.87
Capital, €61.500
Statutes amendment
Capital decrease distribution, in natura, overdracht van een gedeelte van de schuldvordering ten overstaan van Actief Holding NV
Capital decrease distribution, gelijk aan het pro rata gedeelte van Actief Holding NV in de verminderingen, compensatie (schuldvergelijking)
Capital decrease

2011

16-06

State Gazette act Resignations: Joris Rome, Thomas De Kempeneer and 2 others

Appointment: FinSpirit (director) · Permanent representatives: Koen VLAYEN, Mark MAESEN and Guy Wygaerts · Capital28 facts ▸

General meeting, 13-05-2011
Capital, €19.874.964,13
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Director resignation, Joris Rome (director)
Director resignation, Thomas De Kempeneer (director)
+16 further facts in this act

08-06

State Gazette act Capital & shares · Statutes amendment

Capital increase · Share issue · Bank account5 facts ▸

Capital increase, €3.098.250
Share issue, 33030
Bank account, 001-6402124-06
Statutes amendment
Capital, €19.874.964,13

06-06

State Gazette act Miscellaneous

Power of attorney2 facts ▸

General meeting, 13-05-2011
Power of attorney, Daniël Winkelman

03-06

State Gazette act Permanent representative: Mark Maesen

Share concentration2 facts ▸

Share concentration, Verklaring dat alle aandelen verenigd zijn in de handen van één aandeelhouder (M2M NV)
Permanent representative, Mark Maesen

31-01

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)

2 facts ▸

General meeting, 28-05-2010
Auditor reappointment, Ernst & Young Bedrijfsrevisoren

2010

01-10

State Gazette act Appointment: Joris Rome (director)

Permanent representative: Marc Maesen3 facts ▸

General meeting, 28-05-2010
Director appointment, Joris Rome (director)
Permanent representative, Marc Maesen

16-07

State Gazette act Resignation: Bregt Ysebaert (director)

Appointment: Thomas De Kempeneer (director)3 facts ▸

General meeting, 29-05-2009
Director resignation, Bregt Ysebaert (director)
Director appointment, Thomas De Kempeneer (director)

2009

14-07

State Gazette act Capital & shares · Statutes amendment

Capital · Share transfer · Share class structure7 facts ▸

General meeting, 29-06-2009
Capital, €16.776.714,13
Statutes amendment
Share transfer, Actief Construct
Share transfer, Actief Construct
Share class structure
Board composition, 1 bestuurder uit kandidaten van klasse A; 1-2 bestuurders uit kandidaten van klasse B-1; 1-2 bestuurders uit kandidaten van klasse B-2; optionele onafhankelijke…

2007

31-12

State Gazette act Resignation: Joris Rome (director)

Appointment: Guy Wygaerts BVBA (director) · Permanent representative: Guy Wygaerts4 facts ▸

General meeting, 07-12-2007
Director resignation, Joris Rome (director)
Director appointment, Guy Wygaerts BVBA (director)
Permanent representative, Guy Wygaerts

24-12

State Gazette act Appointments: M2M, Gert, Albert VAN HUFFEL and 2 others

Permanent representatives: Mark MAESEN and Guy, Albert WYGAERTS · Share issue · Capital increase17 facts ▸

General meeting, 10-12-2007
Share issue, 191,395 nieuwe aandelen voor 1 bestaand aandeel, split
Capital increase, €409.041,81
Capital increase, €15.727.126,49
Capital increase, €416.300
Capital increase, €124.245,83
Capital, €16.776.714,13
Share issue, Management warrants
Share issue, Klasse B warrants
Director appointment, M2M (class A director)
Permanent representative, Mark MAESEN
Director appointment, Gert, Albert VAN HUFFEL (bestuurder b 1)
+5 further facts in this act

18-07

State Gazette act Miscellaneous

General meeting1 fact ▸

General meeting, 29-06-2007

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

29 of 30 acts read

About the unread acts

Of the 30 Belgian State Gazette acts we know for this company, 29 have been read. The other one has not 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

3 directors, last change in 2024

Board 3

NNK

Director · since 18-02-2019 · Private limited company · perm. rep.: Bruno Thollebeke

Current

M2M

Director · since 31-05-2024 · Public limited company · perm. rep.: Mark Maesen

Current

M2M NV

Director · since 07-12-2018 · Legal entity · from a recent act

Current

8 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Guy Wygaerts BVBA

Director · since 02-07-2007 · Legal entity · perm. rep.: Guy Wygaerts

Not recently confirmed

GUY WYGAERTS

Bestuurder b 2 · since 10-12-2007 · Private limited company · perm. rep.: Guy, Albert WYGAERTS

Not recently confirmed

FinSpirit

Director · since 13-05-2011 · Legal entity · perm. rep.: Koen VLAYEN

Not recently confirmed

Finspirit BVBA

Director · since 27-05-2016 · Legal entity · perm. rep.: Vlayen Koen

Not recently confirmed

M2M NV

Director · since 27-05-2016 · Legal entity · perm. rep.: Mark Maesen

Not recently confirmed

GCV LINNOVATION

Director · since 01-01-2018 · Limited partnership · perm. rep.: Ingrid Lieten

Not recently confirmed

InterAction

Director · since 09-07-2019 · Private limited company · perm. rep.: Koen Vlayen

Not recently confirmed

CKC

Director · since 01-02-2020 · Private limited company · perm. rep.: Claeyssens Kenneth

Not recently confirmed

Day-to-day management 4

M2M NV

Managing director · since 27-05-2016 · Legal entity · perm. rep.: Mark Maesen

Not recently confirmed

GCV LINNOVATION

Managing director · since 01-01-2018 · Limited partnership · perm. rep.: Ingrid Lieten

Not recently confirmed

NNK

Managing director · since 03-06-2019 · Private limited company · perm. rep.: Bruno Thollebeke

Not recently confirmed

M2M NV

Managing director · Legal entity · from a recent act

Not recently confirmed

Permanent representatives 2

Bruno Thollebeke

Permanent representative · since 18-02-2019 · for NNK

Current

Mark Maesen

Permanent representative · since 31-05-2024 · for M2M

Current

4 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Guy Wygaerts

Permanent representative · since 02-07-2007 · for Guy Wygaerts BVBA

Not recently confirmed

Ingrid Lieten

Permanent representative · since 01-01-2018 · for GCV LINNOVATION

Not recently confirmed

Koen Vlayen

Permanent representative · since 09-07-2019 · for InterAction

Not recently confirmed

Claeyssens Kenneth

Permanent representative · since 01-02-2020 · for CKC

Not recently confirmed

Statutory auditor 1

Ernst & Young Bedrijfsrevisoren

Statutory auditor · since 28-05-2010 · perm. rep.: Stefan Olivier

Current

"From a recent act": read from a Gazette act not yet processed into our list of directors.

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Not every act has been read: a resignation may be missing here

1 of this company's 30 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Lummen · 13 establishment units since 2002

seat establishment approximate All 13 establishment units on the map

Ground area

1.9 ha

Building footprint

6,222 m²

Volume, LiDAR

69,593 m³

13 parcels, Flanders, Wallonia · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.

15 companies at this address See who is registered here

13 establishment units

Actief Construct Hoofdzetel

Bosstraat 67, 3560 LummenNACE 7450201

since 20022.095.746.762

Actief Construct Beveren

Vrasenestraat(BEV) 11, 9120 Beveren-Kruibeke-ZwijndrechtEmployment placement agencies

since 20142.228.225.305

Actief Construct Eeklo

Stationsstraat 56, 9900 EekloEmployment placement agencies

since 20142.228.226.491

Actief Construct Gent

Antwerpsesteenweg 446, 9040 GentEmployment placement agencies

since 20142.228.226.788

Actief Construct Turnhout

de Merodelei 34-36, 2300 TurnhoutEmployment placement agencies

since 20142.228.230.253

Actief Construct Waregem

Verhelststraat 5, 8790 WaregemEmployment placement agencies

since 20192.292.469.294

Show 7 more locations

Actief Construct Herentals

Molenvest(HRT) 1, 2200 HerentalsEmployment placement agencies

since 20192.292.684.971

Actief Construct Gembloux

Rue du Stordoir, Sauv. 67, 5030 GemblouxEmployment placement agencies

since 20202.298.287.712

Actief Construct Luik

Boulevard de la Sauvenière 32, 4000 LiègeEmployment placement agencies

since 20212.318.028.596

Actief Construct Mons

Rue d'Havré 94, 7000 MonsEmployment placement agencies

since 20212.318.777.971

Actief Construct Ieper

Arsenaalstraat 38-40, 8900 IeperEmployment placement agencies

since 20212.324.578.868

Actief Construct Houthalen-Helchteren

Dorpsstraat 36/b1, 3530 Houthalen-HelchterenEmployment placement agencies

since 20222.328.478.070

Actief Construct Torhout

Oostendestraat 38, 8820 TorhoutEmployment placement agencies

since 20222.329.861.014

13 parcels

Flanders 10 (76.9%) Wallonia 3 (23.1%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71037C2826/00E000	Flanders	6,921 m²	1 · 1,019 m²	16.8 m · 4 fl.
13011F0303/00G004indicative	Flanders	4,422 m²	1 · 1,856 m²	22.0 m · 6 fl.
33011I0571/00X003 ProtectedMonumentVestingenSource ↗	Flanders	2,544 m²	1 · 992 m²	16.2 m · 5 fl.
92253D0445/00E000	Wallonia	980 m²	1 · 171 m²	-
72015B0536/00H002	Flanders	951 m²	1 · 286 m²	17.9 m · 5 fl.
44432C0712/00L000	Flanders	776 m²	1 · 171 m²	-
43352E0893/00B002 ProtectedMonumentNotariswoningSource ↗	Flanders	608 m²	1 · 181 m²	22.4 m · 7 fl.
46502D1410/00A000	Flanders	364 m²	1 · 364 m²	-
62813F0097/00B000	Wallonia	360 m²	1 · 347 m²	23.1 m · 7 fl.
34040C0694/00K000	Flanders	354 m²	1 · 346 m²	15.3 m · 4 fl.

13454P0108/00R006	Flanders	245 m²	1 · 188 m²	20.4 m · 5 fl.
31033K0154/00T000	Flanders	139 m²	1 · 215 m²	16.9 m · 1 fl.
53053H0783/00S000	Wallonia	104 m²	1 · 87 m²	13.3 m · 4 fl.

Linked by address, not proof of ownership

Good to know

12 of 13 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

2 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

20 people since 2007, 12 in office

All 20 In office 12 Ended 8

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
M2M	Class A director, from 10-12-2007 to 01-01-2018 Managing director, until 01-01-2018 Director, already before 31-05-2024 to date
M2M NVfrom an act	Director, already before 08-09-2016 to 23-01-2018 Managing director, already before 08-09-2016 to 19-04-2018 Managing director, already before 08-09-2016 not ended, last confirmed 08-09-2016 Director, from 07-12-2018 to date
NNK	Director, from 18-02-2019 to date Managing director, from 03-06-2019 not ended, last confirmed 10-07-2019
Ernst & Young Bedrijfsrevisoren	Statutory auditor, from 28-05-2010 to date
Guy Wygaerts BVBA	Director, from 02-07-2007 not ended, last confirmed 31-12-2007
GUY WYGAERTS	Bestuurder b 2, from 10-12-2007 not ended, last confirmed 24-12-2007
FinSpirit	Director, from 13-05-2011 not ended, last confirmed 16-06-2011
Finspirit BVBA	Director, already before 27-05-2016 not ended, last confirmed 08-09-2016
M2M NV	Director, already before 27-05-2016 not ended, last confirmed 07-12-2018 Managing director, already before 27-05-2016 not ended, last confirmed 08-09-2016
GCV LINNOVATION	Director, from 01-01-2018 not ended, last confirmed 23-01-2018 Managing director, from 01-01-2018 not ended, last confirmed 19-04-2018
InterAction	Director, from 09-07-2019 not ended, last confirmed 29-07-2019
CKC	Director, from 01-02-2020 not ended, last confirmed 18-02-2020
InterAction BV	Director, until 30-06-2021
Finspirit VOF	Director, until 09-07-2019
GCV Línnovation	Director, until 12-11-2018 Managing director, until 12-11-2018
GERT VAN HUFFEL	Bestuurder b 1, from 10-12-2007 to 13-05-2011
Joris Rome	Director, until 02-07-2007 Director, from 29-06-2009 to 13-05-2011
Thomas De Kempeneer	Director, from 26-08-2008 to 13-05-2011
Wygaerts Guy	Director, until 13-05-2011
Bregt YSEBAERT	Bestuurder b 1, from 10-12-2007 to 29-05-2009

Show all 20 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

De vennootschap richt zich specifiek tot bedrijven behorende tot het paritair comité 124 van het bouwbedrijf en heeft tot doel: in Vlaanderen, en indien aan de voorwaarden is…

Full purpose

De vennootschap richt zich specifiek tot bedrijven behorende tot het paritair comité 124 van het bouwbedrijf en heeft tot doel: in Vlaanderen, en indien aan de voorwaarden is voldaan, in het buitenland, kan de vennootschap vanaf heden elke tak van arbeidsbemiddeling beoefenen, alsmede andere (commerciële) activiteiten zoals opleiding. In Brussel en Wallonië behoudt de vennootschap uitzendarbeid als exclusief doel.

according to the deed of 24-12-2007

Structure & network

Connections & network

6 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

IPCOS

Shared director

→

LUMIERE PUBLISHING

Shared director

→

MyCartis

Shared director

→

ACTIEF

Shared corporate director

→

Show 2 more companies with a shared director

Actief Holding

Shared corporate director

→

Actief Interim

Shared corporate director

→

Capital and shareholders

Shareholders according to the acts

After 4 capital increases act of 24-12-2007 ↗

KBC Private Equity (BE 0403.226.228) 93,624 shares · “niet-gelijke inbreng schuldvordering”
Indufin Capital Partners S.A., SICAR 63,097 shares · “niet-gelijke inbreng schuldvordering”
Mark MAESEN 5,000 shares · “niet-gelijke inbreng schuldvordering”

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

17-01-2012 Capital reduction of 19,813,464.13 EUR
16-06-2011 Capital stated in the act · 19,874,964.13 EUR · 233,030 shares
08-06-2011 Capital increase of 3,098,250 EUR · to 19,874,964.13 EUR · 33,030 new shares
14-07-2009 Capital stated in the act · 16,776,714.13 EUR · 200,000 shares
24-12-2007 Capital increase of 409,041.81 EUR · to 509,041.81 EUR · 156,721 new shares
24-12-2007 Capital increase of 15,727,126.49 EUR · to 16,236,168.30 EUR · no new shares · “omzetting uitgiftepremies in kapitaal”
24-12-2007 Capital increase of 416,300 EUR · to 16,652,468.30 EUR · 5,000 new shares
24-12-2007 Capital increase of 124,245.83 EUR · to 16,776,714.13 EUR · no new shares · “omzetting uitgiftepremies in kapitaal”

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 76,658 EUR awarded · 76,658 EUR paid

Year	Entries	awarded	paid
2025	1	5,864 EUR	5,864 EUR
2024	2	11,306 EUR	11,306 EUR
2023	2	25,158 EUR	25,158 EUR
2022	1	34,330 EUR	34,330 EUR

Schemes

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

3 entries · 61,725 EUR · 61,725 EUR paid · Departement Werk en Sociale Economie

Individueel Maatwerk

2 entries · 14,592 EUR · 14,592 EUR paid · Departement Werk en Sociale Economie

Vlaams opleidingsverlof (VOV)

1 entry · 341 EUR · 341 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300PNVU9ZEPYXHJ86

no longer live in the LEI register

Similar companies · same sector, comparable size

Antwerpen · Eq €48.5m

Of 1,014 companies in sector 78200 we hold annual accounts for 645. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded08-01-2002

Fiscal year end31-12

Activities, NACEBEL 2025

78200Temporary employment agencies and other provision of personnel

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