Skip to content

M²

Active
Private limited companyfounded 2001active for 25 yearsLinkeroever 39, 9870 Zulte, BelgiumKBO/BCE: BE 0474.303.571
Summary

M² has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €12.4m and a net result of €679,650. Equity has been growing by about 9.1% per year since 2019. Its solvency ranks better than 74% of 344 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-03-2001 Normal situation
Activity
Real estate agency activities NACE 68310and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2026
Establishment unit
2.097.982.415 9870 Zulte, since 23-04-2001
Financial year end
31 March
Peppol
Reachable since 05-12-2025

Board and ownership

Board
  • Taelman LucDirector

Financial position

92 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€1.1m
▲ 25.4%
Turnover
≈ €1.3m
estimated
Profit
€679,650
▲ 8.7%
Equity
€12.4m
▲ 5.8%
Total assets
€17.7m
▲ 5.1%
Employees on 31-03-2026
2
=
Score breakdownraises riskLiquidity: current ratio 1.39, cash €385,369lowers riskSize: 2 FTE, total assets €17.7mEquity €12.4m (69.8% of total assets)Figures for financial year 2026 (filed on 21-09-2026)Show the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in real estate (NACE 68)
Financial strength · tick: 2025
Strong
Solvency 95+1
equity 69.8% of total assets
Liquidity 40-3
short-term debt 30.2% · cash 2.2%
Profitability 54+5
return on assets 3.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.43 in 2025), below the usual 1.5. Short-term debt is 30.2% and cash 2.2% of total assets. 30.2% of the assets are financed with debt and provisions.
Calculation

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 68, micro). It does better than 78% of them on solvency, 33% on liquidity, 45% on profitability and 60% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.39, cash €385,369
NBB · annual accounts
lowers risk · Size: 2 FTE, total assets €17.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €12.4m (69.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 21-09-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
40 days early
2025
49 days early
2024
48 days early
2023
43 days early
2022
21 days early
2021
34 days early
2020
53 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 41 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 18 September (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
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 21-09-2026 at the NBB all 25 filings

Turnover
≈ €1.3m
Estimated: probably between €1.1m and €1.7m
Total assets
€17.7m▲ 5.1%
2025 · €16.9m
Net result
€679,650▲ 8.7%
2025 · €625,319
Working capital
€2.1m▼ 6.4%
2025 · €2.2m
Multi-year overview
2019 to 2026, 8 financial years
Operating result
€703,181
▲ 14.2% 2026
20192026
Net result
€679,650
▲ 8.7% 2026
20192026
Equity
€12.4m
▲ 5.8% 2026
20192026
Total assets
€17.7m
▲ 5.1% 2026
20192026
Debt
€5.3m
▲ 3.5% 2026
20192026
Working capital
€2.1m
▼ 6.4% 2026
20192026
Solvency
69.8%
▲ 0.5pp 2026
20192026
Current ratio
1.39
▼ 0.04 2026
20192026
Return on assets (ROA)
3.8%
▲ 0.1pp 2026
20192026
Staff (FTE)
2
▼ 20.0% 2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€1.9m-€1.8m▼ 4.2%€1.1m▼ 38.8%€0.6m▼ 44.5%€1.6m▲ 158%€0.8m▼ 47.2%€0.6m▼ 26.5%€0.7m▲ 14.2%
Net result€3.0m-€1.1m▼ 63.4%€0.8mabove the sector's middle half▼ 30.9%€0.5mabove the sector's middle half▼ 28.4%€1.3mabove the sector's middle half▲ 143%€1.0mabove the sector's middle half▼ 27.3%€0.6mabove the sector's middle half▼ 34.5%€0.7m▲ 8.7%
Equity€6.4m-€7.5m▲ 17.1%€8.3mabove the sector's middle half▲ 10.1%€8.8mabove the sector's middle half▲ 6.6%€10.1mabove the sector's middle half▲ 14.9%€11.1mabove the sector's middle half▲ 9.4%€11.7mabove the sector's middle half▲ 5.7%€12.4m▲ 5.8%
Total assets€15.5m-€16.2m▲ 4.5%€15.3mabove the sector's middle half▼ 5.5%€14.8mabove the sector's middle half▼ 2.9%€15.5mabove the sector's middle half▲ 4.4%€16.6mabove the sector's middle half▲ 7.1%€16.9mabove the sector's middle half▲ 1.7%€17.7m▲ 5.1%
Debt€9.1m-€8.7m▼ 4.4%€7.0m▼ 18.9%€6.0m▼ 14.1%€5.4m▼ 10.9%€5.5m▲ 2.6%€5.2m▼ 6.4%€5.3m▲ 3.5%
Working capital-€2.5m--€1.4m▲ 44.2%-€0.6mbelow the sector's middle half▲ 55.2%-€0.1mwithin the sector's middle half▲ 78.3%€1.1mabove the sector's middle half€1.9mabove the sector's middle half▲ 70.1%€2.2mabove the sector's middle half▲ 20.8%€2.1m▼ 6.4%
Solvency41.4%-46.4%▲ 5.0pp54.0%within the sector's middle half▲ 7.6pp59.3%within the sector's middle half▲ 5.3pp65.3%above the sector's middle half▲ 6.0pp66.7%above the sector's middle half▲ 1.4pp69.4%above the sector's middle half▲ 2.6pp69.8%▲ 0.5pp
Current ratio0.73-0.84▲ 0.110.91within the sector's middle half▲ 0.070.98within the sector's middle half▲ 0.071.20within the sector's middle half▲ 0.231.34within the sector's middle half▲ 0.131.43within the sector's middle half▲ 0.101.39▼ 0.04
Return on assets (ROA)19.3%-6.8%▼ 12.5pp4.9%within the sector's middle half▼ 1.8pp3.6%within the sector's middle half▼ 1.3pp8.5%above the sector's middle half▲ 4.8pp5.8%above the sector's middle half▼ 2.7pp3.7%within the sector's middle half▼ 2.0pp3.8%▲ 0.1pp
Staff (FTE)4.6-4▼ 13.0%4within the sector's middle half=3.2within the sector's middle half▼ 20.0%4above the sector's middle half▲ 25.0%4above the sector's middle half=2.5above the sector's middle half▼ 37.5%2▼ 20.0%
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is 14% higher than in 2025. It is a recovery after the fall in 2025.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €17.7m
Fixed assets €10.3m ▲ 8.7%
Current assets €7.4m ▲ 0.5%
Equity and liabilities €17.7m
Equity €12.4m ▲ 5.8%
Debt €5.3m ▲ 3.5%
Debt's share of the balance-sheet total falls from 30.6% to 30.2%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€730,680▲
2025 · €639,444
Cash flow
€707,149▲
2025 · €649,073
Debt to equity
0.43▼
2025 · 0.44
ROE
5.5%▲
2025 · 5.3%
Interest coverage
3.68▲
2025 · 3.02
Debt ≤ 1 year
€5.3m▲
2025 · €5.2m
Income taxes
€177,793▲
2025 · €160,129
Staff costs
€360,920▲
2025 · €231,251
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Employees at the balance-sheet date34322
full-time34322
in full-time equivalents34322
Average over the year, in full-time equivalents3.143.92.52
On a permanent contract34322
Joined0-00-
Left1-11-
Training hours--56--

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets€60,528€103,210€215,369€261,381€800,300
Financial fixed assets----€50,000
Depreciation and write-downs of the year€9,209€21,402€25,078€23,754€27,499

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 · 1 entry · €1,193 awarded · €1,193 paid
Schemes
1 entry · €1,193 · €1,193 paid · Departement Werk en Sociale Economie
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 47 lines
Balance sheet Code20252026
Assets
Total assets20/58€16.9m€17.7m▲
Fixed assets21/28€9.4m€10.3m▲
Tangible fixed assets22/27€0.7m€1.5m▲
Furniture and vehicles24€0.6m€1.4m▲
Other tangible fixed assets26€0.08m€0.07m▼
Financial fixed assets28€8.8m€8.8m▲
Current assets29/58€7.4m€7.4m▲
Amounts receivable after more than one year29€2.0m€2.0m=
Other amounts receivable291€2.0m€2.0m=
Amounts receivable within one year40/41€2.6m€3.0m▲
Trade receivables40€0.05m€0.08m▲
Other amounts receivable41€2.6m€2.9m▲
Current investments50/53€2.0m€2.0m▲
Cash at bank and in hand54/58€0.7m€0.4m▼
Deferred charges and accrued income490/1€0.003m€0.004m▲
Equity and liabilities
Total equity and liabilities10/49€16.9m€17.7m▲
Equity10/15€11.7m€12.4m▲
Contributions10/11€0.02m€0.02m=
Reserves13€11.7m€12.4m▲
Distributable reserves133€11.7m€12.4m▲
Amounts payable17/49€5.2m€5.3m▲
Amounts payable within one year42/48€5.2m€5.3m▲
Trade debts44€0.1m€0.1m▼
Suppliers440/4€0.1m€0.1m▼
Advances received on contracts in progress46€0.009m-
Taxes, remuneration and social security45€0.05m€0.1m▲
Taxes450/3€0.007m€0.07m▲
Remuneration and social security454/9€0.04m€0.04m▼
Other amounts payable47/48€5.0m€5.1m▲
Accrued charges and deferred income492/3€368€269▼
Income statement Code20252026
Remuneration, social security and pensions62€0.2m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Other operating charges640/8€0.001m€0.002m▲
Gross operating margin9900€0.9m€1.1m▲
Operating profit (loss)9901€0.6m€0.7m▲
Financial income75/76B€0.4m€0.4m▼
Recurring financial income75€0.4m€0.4m▼
Financial charges65/66B€0.2m€0.2m▼
Recurring financial charges65€0.2m€0.2m▼
Profit (loss) for the period before taxes9903€0.8m€0.9m▲
Income taxes67/77€0.2m€0.2m▲
Profit (loss) for the period9904€0.6m€0.7m▲
Profit (loss) for the period to be appropriated9905€0.6m€0.7m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m€0.7m▲
Transfer to equity691/2€0.6m€0.7m▲
To other reserves6921€0.6m€0.7m▲
Social balance sheet
Average headcount (FTE)90872.52.0▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 21-09-2026.

Line20192020202120222023202420252026Change
Remuneration, social security and pensions62---€0.3m€0.3m€0.3m€0.2m€0.4m▲ 56.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.007m€0.009m€0.009m€0.009m€0.02m€0.03m€0.02m€0.03m▲ 15.8%
Other operating charges640/8---€0.009m€0.003m€0.002m€0.001m€0.002m▲ 14.9%
Gross operating margin9900€2.2m€2.1m€1.4m€0.9m€1.9m€1.2m€0.9m€1.1m▲ 25.4%
Operating profit (loss)9901€1.9m€1.8m€1.1m€0.6m€1.6m€0.8m€0.6m€0.7m▲ 14.2%
Financial income75/76B---€0.4m€0.4m€0.5m€0.4m€0.4m▼ 7.5%
Recurring financial income75€2.2m€0.2m€0.2m€0.4m€0.4m€0.5m€0.4m€0.4m▼ 7.5%
Financial charges65/66B---€0.3m€0.2m€0.2m€0.2m€0.2m▼ 6.2%
Recurring financial charges65€0.7m€0.4m€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m▼ 6.2%
Profit (loss) for the period before taxes9903€3.4m€1.6m€1.0m€0.7m€1.7m€1.2m€0.8m€0.9m▲ 9.2%
Income taxes67/77€0.4m€0.5m€0.3m€0.1m€0.4m€0.2m€0.2m€0.2m▲ 11.0%
Profit (loss) for the period9904€3.0m€1.1m€0.8m€0.5m€1.3m€1.0m€0.6m€0.7m▲ 8.7%
Profit (loss) for the period to be appropriated9905€3.0m€1.1m€0.8m€0.5m€1.3m€1.0m€0.6m€0.7m▲ 8.7%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€15.5m€16.2m€15.3m€14.8m€15.5m€16.6m€16.9m€17.7m▲ 5.1%
Fixed assets21/28€8.9m€8.9m€8.9m€8.9m€9.0m€9.2m€9.4m€10.3m▲ 8.7%
Tangible fixed assets22/27€0.1m€0.1m€0.1m€0.2m€0.3m€0.5m€0.7m€1.5m▲ 112%
Furniture and vehicles24---€0.2m€0.2m€0.4m€0.6m€1.4m▲ 128%
Other tangible fixed assets26----€0.08m€0.09m€0.08m€0.07m▼ 9.5%
Financial fixed assets28€8.8m€8.8m€8.8m€8.8m€8.8m€8.8m€8.8m€8.8m▲ 0.6%
Current assets29/58€6.6m€7.3m€6.4m€5.9m€6.5m€7.4m€7.4m€7.4m▲ 0.5%
Amounts receivable after more than one year29---€2.0m€2.0m€2.0m€2.0m€2.0m=
Other amounts receivable291---€2.0m€2.0m€2.0m€2.0m€2.0m=
Stocks and contracts in progress3€0.7m€0.5m€0.2m€0.04m-----
Stocks30/36---€0.04m-----
Amounts receivable within one year40/41€3.7m€3.8m€3.9m€3.1m€3.6m€3.2m€2.6m€3.0m▲ 14.4%
Trade receivables40---€0.1m€0.08m€0.06m€0.05m€0.08m▲ 79.2%
Other amounts receivable41---€2.9m€3.5m€3.1m€2.6m€2.9m▲ 13.2%
Current investments50/53-----€2.0m€2.0m€2.0m▲ 0.6%
Cash at bank and in hand54/58€2.1m€0.9m€0.3m€0.8m€0.9m€0.2m€0.7m€0.4m▼ 48.0%
Deferred charges and accrued income490/1---€0.003m€0.003m€0.005m€0.003m€0.004m▲ 19.1%
Equity and liabilities
Total equity and liabilities10/49€15.5m€16.2m€15.3m€14.8m€15.5m€16.6m€16.9m€17.7m▲ 5.1%
Equity10/15€6.4m€7.5m€8.3m€8.8m€10.1m€11.1m€11.7m€12.4m▲ 5.8%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€6.4m€7.5m€8.2m€8.8m€10.1m€11.0m€11.7m€12.4m▲ 5.8%
Distributable reserves133---€8.8m€10.1m€11.0m€11.7m€12.4m▲ 5.8%
Amounts payable17/49€9.1m€8.7m€7.0m€6.0m€5.4m€5.5m€5.2m€5.3m▲ 3.5%
Amounts payable within one year42/48€9.1m€8.7m€7.0m€6.0m€5.4m€5.5m€5.2m€5.3m▲ 3.5%
Trade debts44€0.002m€0.01m€0.005m€0.03m€0.01m€0.005m€0.1m€0.1m▼ 4.2%
Suppliers440/4---€0.03m€0.01m€0.005m€0.1m€0.1m▼ 4.2%
Advances received on contracts in progress46---€0.001m--€0.009m--
Taxes, remuneration and social security45---€0.1m€0.3m€0.06m€0.05m€0.1m▲ 121%
Taxes450/3---€0.08m€0.2m€0.01m€0.007m€0.07m▲ 844%
Remuneration and social security454/9---€0.04m€0.06m€0.05m€0.04m€0.04m▼ 1.9%
Other amounts payable47/48---€5.9m€5.1m€5.4m€5.0m€5.1m▲ 2.7%
Accrued charges and deferred income492/3---€0.006m€0.001m€0.002m€368€269▼ 26.8%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€3.0m€1.1m€0.8m€0.5m€1.3m€1.0m€0.6m€0.7m▲ 8.7%
+ Depreciation and write-downs630€0.007m€0.009m€0.009m€0.009m€0.02m€0.03m€0.02m€0.03m▲ 15.8%
Operating cash flow (approximation)€3.0m€1.1m€0.8m€0.6m€1.3m€1.0m€0.6m€0.7m▲ 8.9%
Investment in fixed assets (approximation)--€0.01m€0-€0.06m-€0.1m-€0.2m-€0.3m-€0.9m▼ 225%
Change in cash--€1.2m-€0.6m€0.5m€0.1m-€0.7m€0.6m-€0.4m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 17,041 companies had the same profile as M² has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
94.3% was still going
4.9% stopped otherwise
0.5% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of M² itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,041 companies, not a prediction for M². 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.

Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 21-09-2026 2026-00517326 PDF
31-03-2025 abbreviated format 12-09-2025 2025-00489873 PDF
31-03-2024 abbreviated format 13-09-2024 2024-00460650 PDF
31-03-2023 abbreviated format 18-09-2023 2023-00447488 PDF
31-03-2022 abbreviated format 10-10-2022 2022-20455392 PDF
31-03-2021 abbreviated format 27-09-2021 2021-68500024 PDF
31-03-2020 abbreviated format 08-09-2020 2020-51900004 PDF
31-03-2019 abbreviated format 23-09-2019 2019-65300571 PDF
31-03-2018 abbreviated format 27-09-2018 2018-65900528 PDF
31-03-2017 abbreviated format 12-09-2017 2017-60700113 PDF

Show all 25 filings

Board & ownership

Directors

Directors
1 director
Taelman Luc
Director · listed in the 2026 annual accounts, filed on 21-09-2026
Current

Owners and capital

Network & group

Holdings and subsidiaries

4 holdings

Holdings 4

Source for every holding own accounts 31-03-2026

  • Equity €2.2m Profit of €576,511 in 2026 (profit of €795,525 in 2025) Checked score 84
    100%
  • MONOPOLEYsubsidiary
    Equity €14.2m Profit of €353,900 in 2025 (profit of €513,791 in 2024) Checked score 96
    99%
  • Equity €322,762 Profit of €1,719 in 2025 (profit of €54,429 in 2024) Checked score 86
    33.33%
  • Equity €62.8m Profit of €7.8m in 2025 (profit of €906,777 in 2024)
    7.5%

Board mandates elsewhere

1 board mandate
Board mandates of M²M² sits on their board1

Companies at the same address

3 other companies

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

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

Timeline

Acts, filings and financial milestones

Deadline for the 2027 accounts: 31-10-2027
2026
21-09
NBB filing Annual accounts 2026 filedNBB
abbreviated format · 40 days before the deadline
2025
12-09
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 49 days before the deadline
2024
13-09
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 48 days before the deadline
2023
18-09
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 43 days before the deadline
31-03
Financial Equity above €10mequity €10.1m ▲14.9%
With a profit in every financial year since 2019, equity grows to €10.1m.
2022
10-10
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 21 days before the deadline
04-04
Gazette deed Registered office moved from Dentergem to Zulte
New seat: 9870 ZULTE, Linkeroever 39 · Previous seat: 8720 DENTERGEM, Vijvestraat 412 points ▸
  • Board meeting, 11-03-2022
  • Registered-office move, 9870 ZULTE,Linkeroever 39

Open the act in the Belgian Official Gazette

31-03
Financial Weakest financial yearnet €541,322 ▼28.4%
The net result drops to €541,322, the lowest from 2019 to 2026. It recovers the following year.
2021
27-09
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 34 days before the deadline
2020
08-09
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 53 days before the deadline
2019
23-09
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 38 days before the deadline
2018
27-09
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 34 days before the deadline
2017
12-09
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 49 days before the deadline
2001
22-03
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 March 2001, M² was incorporated.1 In 2022 the registered office moved to Zulte.2 Total assets went from €15.5m in 2019 to €17.7m in 2026 and headcount from 4.6 to 2 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-04-2022
  3. 3National Bank, annual accounts 2019 and 2026

Company details

Register details

Identity

KBO record
Name M² in Dutch
Enterprise number 0474.303.571
Legal form Private limited company
Status Active, normale toestand
Founded 13-03-2001
Entity type Legal entity

Registered office and establishments

Registered office Linkeroever 39, 9870 Zulte, Belgium
1 former office
  • 8720 Dentergem until 11-03-2022 · act of 04-04-2022
Establishment unit M2, Linkeroever 39, 9870 Zulte since 23-04-2001 · unit number 2.097.982.415

Activities

NACEBEL 2025
VAT activities
68310 Real estate agency activities main activity
82990 Other business support services
Social security (RSZ) activities
68310 Real estate agency activities main activity
Codes under NACEBEL 2008
VAT activities
68311 Real estate activities main activity
82990 Other business support services
Social security (RSZ) activities
68311 Real estate activities main activity
Codes under NACEBEL 2003
70311 main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 31-03-2026

Invoicing and payment

VAT number BE 0474.303.571
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0474303571
Registered 05-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03

Sites & property

Location
registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1.5 ha
Building footprint
729 m²
Building volume
4,137 m³
Cadastral parcel Region Area Buildings Height / floors
44081A0173/00L000 Flanders 1.5 ha 1 · 729 m² 11.0 m · 2