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Complete company report
Generated 27-07-2026
Active BE 0800.258.116Private limited company

M2 EXPERT

Glabbeekstraat 241 ·3450 Geetbets, Belgium· 3 yrs active
Sector: NACE 74999 (74999)
Conclusion Checked

The computed 12-month bankruptcy probability of M2 EXPERT is 1.7% (moderate). The 2024 annual accounts show negative equity (€-25k) and a net result of €-11k. Its solvency ranks better than 6% of 1480 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-25k
Net result €-11k
Better than sector 6%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health15Profitability100Solvency33Growth58Stability94
60 / 100

Strong profile, led by profitability.

Health 15
Profitability 100
Solvency 33
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
15 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 07-08-2025 with the NBB · fiscal year 2024 · micro
€-20k€-15k€-10k€-5k€0Operating result 2023: €-15k€-15kNet result 2023: €-19k€-19kOperating result 2024: €-9k€-9kNet result 2024: €-11k€-11k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 74 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -82.1% 50.1%
better than 6% of 1480 sector peers
Net result €-11k €12k
better than 10% of 1482 sector peers
Equity €-25k €32k
better than 5% of 1482 sector peers
Gross operating margin €774 €28k
better than 15% of 1480 sector peers
Total assets €31k €74k
better than 21% of 1480 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-286
+97.0% far below sector median
Net profit
€-11k
+38.9% far below sector median
Cash flow
€-3k
+79.2% far below sector median
Total assets
€31k
-20.8% -97% vs sector
Equity
€-25k
-83.5% far below sector median
Working capital
€-32k
-51.3% far below sector median
Income taxes
€135
+42.1% -100% vs sector
Debt
€56k
+6.5% -91% vs sector
Debt ≤ 1y
€34k
+52.1% -87% vs sector
Debt > 1y
€22k
-26.8% -92% vs sector
Current ratio
0.04
+16.1% -97% vs sector
Quick ratio
0.04
+16.1% -97% vs sector
Solvency
-82.1%
-131.7% far below sector median
Debt / equity
-2.22
+42.0% far below sector median
ROE
45.5%
-66.7% far above sector median
ROA
-37.4%
+22.8% far below sector median
Interest coverage
-0.12
+95.3% far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-286
Net profit€-11k
Cash flow€-3k
Staff costs-
Income taxes€135
Dividends-
Total assets€31k
Equity€-25k
Debt€56k
of which ≤ 1y€34k
of which > 1y€22k
Working capital€-32k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.04
Quick ratio0.04
Working capital ratio-105.6%
Solvency-82.1%
Debt / equity-2.22
Long-term debt ratio-0.88
Interest coverage-0.12
Gross margin-
Net margin-
ROA-37.4%
ROE45.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€31k
Fixed assets 21/28€29k
Tangible fixed assets 22/27€29k
Current assets 29/58€1k
Amounts receivable within one year 40/41€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€31k
Equity 10/15€-25k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-30k
Amounts payable 17/49€56k
Amounts payable after one year 17€22k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€774
Operating result 9901€-9k
Financial income 75€0
Financial charges 65€2k
Result before taxes 9903€-11k
Income taxes 67/77€135
Net result for the period 9904€-11k
Result to be appropriated 9905€-11k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 74999
Legal form Private limited company(610)
Incorporation31-03-2023
StatusActive
Postal code3450
Establishment units 1 location
Vinnestraat 34, 3440 Zoutleeuw
Overige gespecialiseerde wetenschappelijke en technische activiteiten
since 20232.344.291.743
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24028E0342/00K000 Flanders 6,272 m² 1 · 171 m² 6.8 m · 2 fl.
24036A0099/00K000 Flanders 1,074 m² 1 · 160 m² 9.1 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
12-11-2024
State Gazette act Registered-office change
13-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
12-11-2024
Registered-office move
All acts · 1 updated 1 year ago
2024
12-11-2024 Registered office moved from Zoutleeuw to Geetbets Registered-office change
  • Vinnestraat 34, 3440 Zoutleeuw → Glabbeekstraat 241, 3450 Geetbets
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Glabbeekstraat 241, 3450 Geetbets",
        "city": "Geetbets",
        "region": "vlaams_gewest",
        "street": "Glabbeekstraat",
        "country": "BE",
        "postcode": "3450",
        "box_number": null,
        "street_number": "241",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Vinnestraat 34, 3440 Zoutleeuw",
        "city": "Zoutleeuw",
        "region": "vlaams_gewest",
        "street": "Vinnestraat",
        "country": "BE",
        "postcode": "3440",
        "box_number": null,
        "street_number": "34",
        "locality_suffix": null
      },
      "effective_date": "2024-06-04",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": 2,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-11-12",
    "filing_date": "2024-10-30",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enige_bestuurder",
    "date": null,
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0800.258.116",
    "name_full": null,
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Silken Peyffers",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
Legal nameNL M2 EXPERT
Registered office
Glabbeekstraat 241
3450 Geetbets, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative