M² Retail
ActiveM² Retail has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €139k and a net result of €58k. Equity is growing by ~72% per year across the filed fiscal years. Its solvency ranks better than 52% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency85▲+14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.74 in 2023; short-term debt: 29.7% and cash: 68.3% of total assets), and 39.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€139k▲ 71.9%
2023 · €81k
2022: €22k
2023: €81k
2022 → 2024
Total assets
€229k▲ 31.8%
2023 · €174k
2022: €109k
2023: €174k
2022 → 2024
Net result
€58k▼ 0.4%
2023 · €58k
2022: €21k
2023: €58k
2022 → 2024
Working capital
€96k▲ 138%
2023 · €41k
2022: €-4k
2023: €41k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€22k-€81k▲ 259%€139k▲ 71.9%
Operating result€32k-€83k▲ 157%€77k▼ 6.9%
Net result€21k-€58k▲ 171%€58k▼ 0.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €229k
Fixed assets
€65k▼ 17.6%
Current assets
€165k▲ 72.6%
Equity and liabilities €229k
Equity
€139k▲ 71.9%
Debt
€91k▼ 2.7%
The debt ratio falls from 53.7% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▼
2023 · €101k
Cash flow
€78k▲
2023 · €76k
Solvency
60.4%▲
2023 · 46.3%
Current ratio
2.41▲
2023 · 1.74
Quick ratio
2.41▲
2023 · 1.74
Debt / equity
0.66▼
2023 · 1.16
ROE
41.8%▼
2023 · 72.2%
ROA
25.2%▼
2023 · 33.4%
Interest coverage
162.38▲
2023 · 140.90
Debt
€91k▼
2023 · €93k
Debt ≤ 1 year
€68k▲
2023 · €55k
Debt > 1 year
€20k▼
2023 · €34k
Income taxes
€19k▼
2023 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€174k€229k▲
Fixed assets21/28€79k€65k▼
Tangible fixed assets22/27€79k€65k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€69k€55k▼
Other tangible fixed assets26€7k€8k▲
Current assets29/58€95k€165k▲
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40€3k€5k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€92k€157k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€174k€229k▲
Equity10/15€81k€139k▲
Contributions10/11€1k€1k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14-€58k
Amounts payable17/49€93k€91k▼
Amounts payable after more than one year17€34k€20k▼
Financial debts170/4€34k€20k▼
Amounts payable within one year42/48€55k€68k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€35k€53k▲
Taxes450/3€35k€53k▲
Other amounts payable47/48€4k-
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€680€935▲
Gross operating margin9900€101k€98k▼
Operating profit (loss)9901€83k€77k▼
Financial income75/76B€0€41▲
Recurring financial income75€0€41▲
Financial charges65/66B€715€600▼
Recurring financial charges65€715€600▼
Profit (loss) for the period before taxes9903€82k€77k▼
Income taxes67/77€24k€19k▼
Profit (loss) for the period9904€58k€58k▼
Profit (loss) for the period to be appropriated9905€58k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€58k▼
Transfer to equity691/2€58k-
To other reserves6921€58k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100kEq €139k ▲71.9%
3 profitable years in a row build equity to €139k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €58k ▲171%
Operating result €83k, net result €58k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Parklaan 1219300 AalstGround area
582 m²
Building footprint
169 m²
Parcel 41002B0487/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
M² Retail
since 20222.327.115.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0487/00W000 | Flanders | 582 m² | 1 · 169 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GREENPORT
BE 1009.735.752
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BE 0765.469.065
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VAN AEKEN HRD SERVICES
BE 0541.488.939
Tessenderlo-Ham · Eq €139k
Elima Consulting
BE 0562.847.547
Middelkerke · Eq €138k
TDG Management
BE 0757.933.155
Eghezée · Eq €139k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,873 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46190Agents in non-specialised wholesale trade
56210Event catering
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.