M
M has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €934k and a net result of €130k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 66% of 9575 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €934k |
| Net result | €130k |
| Staff (FTE) | 5.7 |
| Better than sector | 66% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.0% | 38.5% | |
| Net result | €130k | €44k | |
| Equity | €934k | €332k | |
| Gross operating margin | €573k | €266k | |
| Staff costs | €284k | €166k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €278k | €187k | €175k | €105k | €38k |
| Net profit | €130k | €69k | €65k | €35k | €331k |
| Cash flow | €179k | €119k | €115k | €88k | €390k |
| Staff costs | €284k | €275k | €260k | €249k | - |
| Income taxes | €58k | €30k | €31k | €4k | €721 |
| Dividends | €41k | - | - | - | - |
| Total assets | €1.76M | €1.60M | €1.68M | €1.57M | €1.48M |
| Equity | €934k | €845k | €776k | €711k | €676k |
| Debt | €828k | €755k | €907k | €859k | €805k |
| of which ≤ 1y | €510k | €408k | €535k | €459k | €373k |
| of which > 1y | €318k | €346k | €372k | €400k | €432k |
| Working capital | €1.09M | €983k | €887k | €807k | €751k |
| Employees (FTE) | 5.7 | 5.3 | 5.2 | 4.5 | 4.9 |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 3.13 | 3.41 | 2.66 | 2.76 | 3.01 |
| Quick ratio | 1.35 | 1.21 | 1.21 | 1.18 | 0.72 |
| Working capital ratio | 61.6% | 61.4% | 52.7% | 51.4% | 50.7% |
| Solvency | 53.0% | 52.8% | 46.1% | 45.3% | 45.6% |
| Debt / equity | 0.89 | 0.89 | 1.17 | 1.21 | 0.64 |
| Long-term debt ratio | 0.34 | 0.41 | 0.48 | 0.56 | 0.64 |
| Interest coverage | 6.61 | 4.97 | 5.99 | 7.67 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.4% | 4.3% | 3.9% | 2.2% | 22.4% |
| ROE | 13.9% | 8.2% | 8.4% | 5.0% | 49.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.76M | €1.60M | €1.68M | €1.57M | €1.48M |
| Fixed assets | 21/28 | €166k | €209k | €261k | €304k | €357k |
| Tangible fixed assets | 22/27 | €160k | €202k | €251k | €294k | €347k |
| Financial fixed assets | 28 | €6k | €6k | €10k | €10k | €10k |
| Current assets | 29/58 | €1.60M | €1.39M | €1.42M | €1.27M | €1.12M |
| Stocks & contracts in progress | 3 | €906k | €899k | €774k | €723k | €854k |
| Amounts receivable within one year | 40/41 | €60k | €13k | €36k | €89k | €92k |
| Cash & bank | 54/58 | €610k | €464k | €594k | €440k | €163k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.76M | €1.60M | €1.68M | €1.57M | €1.48M |
| Equity | 10/15 | €934k | €845k | €776k | €711k | €676k |
| Contributions / capital | 10/11 | €244k | €244k | €244k | €244k | - |
| Reserves | 13 | €359k | €270k | €201k | €136k | €101k |
| Accumulated profits (losses) | 14 | €331k | €331k | €331k | €331k | €331k |
| Amounts payable | 17/49 | €828k | €755k | €907k | €859k | €805k |
| Amounts payable after one year | 17 | €318k | €346k | €372k | €400k | €432k |
| Amounts payable within one year | 42/48 | €510k | €408k | €535k | €459k | €373k |
| Trade debts payable within one year | 44 | €291k | €228k | €347k | €224k | €169k |
| Income statement | ||||||
| Gross operating margin | 9900 | €573k | €468k | €441k | €360k | €245k |
| Operating result | 9901 | €229k | €137k | €126k | €53k | €-20k |
| Financial income | 75 | €959 | €0 | €123 | €35 | €152 |
| Financial charges | 65 | €42k | €38k | €29k | €14k | €12k |
| Result before taxes | 9903 | €188k | €99k | €96k | €39k | €-31k |
| Income taxes | 67/77 | €58k | €30k | €31k | €4k | €721 |
| Net result for the period | 9904 | €130k | €69k | €65k | €35k | €-32k |
| Result to be appropriated | 9905 | €130k | €69k | €65k | €35k | €-32k |
-
EGGERS MarjanSole directorState Gazette act 23331495 (06-04-2023)Current29-03-2023 → present
Former directors (1)
-
EGGERS Marjan Hendrik MelaniaSole directorState Gazette act 23331495 (06-04-2023)Former- → 29-03-2023
| NACE primary | Retail sale of household textiles and bedding(47512) |
| Legal form | Private limited company(610) |
| Incorporation | 17-01-2002 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0600/00A000 | Flanders | 283 m² | 1 · 105 m² | 25.2 m · 7 fl. |
| 11803C1932/00D000 | Flanders | 182 m² | 1 · 100 m² | 18.5 m · 6 fl. |
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.
06-04-2023 1 director appointed, 1 resigning
- EGGERS Marjan, Enig bestuurder
- EGGERS Marjan Hendrik Melania, Enig bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "enige_bestuurder",
"person": {
"rrn": null,
"name": "EGGERS Marjan Hendrik Melania",
"address": "2018 Antwerpen, Helenalei 16 bus 5",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2023-03-29",
"evidence_quote": "De vergadering heeft in dit verband ingevolge de overgang naar de nieuwe vennootschapsvorm kennis genomen van en verleent met ingang vanaf negenentwintig maart tweeduizend drie\u00EBntwintig ontslag aan de huidige enige niet-statutaire bestuurder (zaakvoerder) van de vennootschap, Mevrouw EGGERS Marjan H",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "enige_bestuurder",
"person": {
"rrn": null,
"name": "EGGERS Marjan",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": true,
"effective_date": "2023-03-29",
"evidence_quote": "Zijn mandaat is van onbepaalde duur en is bezoldigd tenzij de algemene vergadering later anders beslist.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": "Philip Van den Abbeele",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-04-06",
"filing_date": "2023-04-04",
"act_kind_objet": "WIJZIGING RECHTSVORM, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), ONTSLAGEN, BENOEMINGEN"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-03-29",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-03-29",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0476.587.625",
"name_full": "M",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0453.043.448",
"org_name": "Boekhoudkantoor Kovico BV",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"1 afschrift \u002B co\u00F6rdinatie"
],
"corrected_publication_numac": null
}| Legal nameNL | M |