M2 Energie
ActiveSummary
M2 Energie has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-2k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-37
Solvency92▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.07 in 2024; short-term debt: 22.8% and cash: 29.4% of total assets), and 33.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
-3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
71 d early
2024
65 d early
2023
76 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 4.4%
2024 · €57k
2023: €37k
2024: €57k
2023 → 2025
Total assets
€81k▼ 15.2%
2024 · €96k
2023: €56k
2024: €96k
2023 → 2025
Net result
€-2k
2024 · €20k
2023: €34k
2024: €20k
2023 → 2025
Working capital
€52k▼ 2.1%
2024 · €53k
2023: €36k
2024: €53k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€37k-€57k▲ 54.8%€54k▼ 4.4%
Operating result€43k-€26k▼ 38.7%€-973
Net result€34k-€20k▼ 41.2%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €973 after €26k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€11k ▼ 36.6%
Current assets
€70k ▼ 10.5%
Equity and liabilities €81k
Equity
€54k ▼ 4.4%
Debt
€27k ▼ 31.0%
Debt's share of the balance-sheet total falls from 40.7% to 33.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €30k
Cash flow
€4k▼
2024 · €23k
Current ratio
3.80▲
2024 · 3.07
Debt to equity
0.49▼
2024 · 0.69
ROE
-4.6%▼
2024 · 35.4%
ROA
-3.1%▼
2024 · 21.0%
Interest coverage
5.15▼
2024 · 34.16
Debt ≤ 1 year
€19k▼
2024 · €26k
Debt > 1 year
€8k▼
2024 · €13k
Income taxes
€1k▼
2024 · €6k
Staff costs
€85
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€96k€81k▼
Formation expenses20€472€290▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Current assets29/58€79k€70k▼
Amounts receivable within one year40/41€26k€46k▲
Trade receivables40€18k€25k▲
Other amounts receivable41€8k€22k▲
Cash at bank and in hand54/58€53k€24k▼
Deferred charges and accrued income490/1€296€150▼
Equity and liabilities
Total equity and liabilities10/49€96k€81k▼
Equity10/15€57k€54k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€54k€52k▼
Amounts payable17/49€39k€27k▼
Amounts payable after more than one year17€13k€8k▼
Financial debts170/4€13k€8k▼
Amounts payable within one year42/48€26k€19k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€17k€9k▼
Taxes450/3€17k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€85
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€683€846▲
Gross operating margin9900€30k€7k▼
Operating profit (loss)9901€26k€-973▼
Financial income75/76B€241€806▲
Recurring financial income75€241€806▲
Financial charges65/66B€871€1k▲
Recurring financial charges65€871€1k▲
Profit (loss) for the period before taxes9903€26k€-1k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€20k€-2k▼
Profit (loss) for the period to be appropriated9905€20k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€52k▼
Profit (loss) brought forward from the previous period14P€34k€54k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k ▼112%
Net result drops to €-2k, the lowest in the series.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Bièvre · 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.
Rue Grande, Oizy 225555 BièvreGround area
182 m²
Building footprint
250 m²
Parcel 91102B0055/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
M2 Energie
since 20222.337.522.727
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91102B0055/00Z000 | Wallonia | 182 m² | 1 · 250 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.
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Of 2,145 companies in sector 71209 we hold annual accounts for 1,086. 794 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:modavemichael@outlook.be
Phone:+32479419315