M2 TECHNICS
ActiveSummary
M2 TECHNICS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 45% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+10
Solvency60=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 3.09 in 2024; short-term debt: 31.8% and cash: 2.4% of total assets), but 64.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
35.1%
Return on assets
-0.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021232425
2019 to 2025 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-03-2026, 33 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 · 10 filingsDeviation from the deadline
2025
33 d late
2024
32 d late
2023
26 d late
2021
22 d late
2020
166 d late
2019
34 d early
2018
1 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▼ 1.2%
2024 · €129k
2019: €147k
2020: €84k
2021: €101k
2023: €146k
2024: €129k
2019 → 2025
Total assets
€363k▼ 1.5%
2024 · €368k
2019: €477k
2020: €317k
2021: €360k
2023: €424k
2024: €368k
2019 → 2025
Net result
€-2k▲ 90.7%
2024 · €-17k
2019: €40k
2020: €-63k
2021: €16k
2023: €-4k
2024: €-17k
2019 → 2025
Working capital
€247k▼ 0.6%
2024 · €249k
2019: €259k
2020: €202k
2021: €220k
2023: €266k
2024: €249k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€84k-€101k▲ 19.3%€146k▲ 45.2%€129k▼ 11.7%€127k▼ 1.2%
Operating result€-63k-€16k€-4k€-17k▼ 309%€-1k▲ 92.2%
Net result€-63k-€16k€-4k€-17k▼ 291%€-2k▲ 90.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €363k
Equity
€127k ▼ 1.2%
Provisions
€120k =
Debt
€115k ▼ 3.3%
Debt's share of the balance-sheet total falls from 32.4% to 31.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.15▲
2024 · 3.09
Debt to equity
0.91▼
2024 · 0.92
ROE
-1.2%▲
2024 · -13.3%
ROA
-0.4%▲
2024 · -4.7%
Debt ≤ 1 year
€115k▼
2024 · €119k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€368k€363k▼
Current assets29/58€368k€363k▼
Amounts receivable within one year40/41€355k€354k▼
Trade receivables40€345k€347k▲
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€13k€9k▼
Deferred charges and accrued income490/1-€239
Equity and liabilities
Total equity and liabilities10/49€368k€363k▼
Equity10/15€129k€127k▼
Contributions10/11€175k€175k=
Capital10€175k€175k=
Issued capital100€175k€175k=
Reserves13€11k€11k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Profit (loss) carried forward14€-57k€-58k▼
Provisions and deferred taxes16€120k€120k=
Provisions for liabilities and charges160/5€120k€120k=
Pensions and similar obligations160€120k€120k=
Amounts payable17/49€119k€115k▼
Amounts payable within one year42/48€119k€115k▼
Trade debts44€88k€84k▼
Suppliers440/4€88k€84k▼
Other amounts payable47/48€32k€32k=
Income statement
Code20242025
Other operating charges640/8€5k€537▼
Gross operating margin9900€-12k€-775▲
Operating profit (loss)9901€-17k€-1k▲
Financial charges65/66B€255€276▲
Recurring financial charges65€255€276▲
Profit (loss) for the period before taxes9903€-17k€-2k▲
Profit (loss) for the period9904€-17k€-2k▲
Profit (loss) for the period to be appropriated9905€-17k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-58k▼
Profit (loss) brought forward from the previous period14P€-40k€-57k▼
The notes to these accounts (4 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
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2022
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 166 days late
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
Financial
Equity above €100kEq €101k ▲19.3%
Equity rises from €84k to €101k.
2020
30-06
Financial
Weakest financial yearnet €-63k ▼257%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
2019
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Tubize · 1 establishment unit since 2008
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.
Avenue Zénobe Gramme 11480 TubizeGround area
2,796 m²
Building footprint
1,112 m²
Volume, LiDAR
7,026 m³
2 parcels, Brussels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M2 TECHNICS
since 20082.173.019.833
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097C0575/00E002 | Wallonia | 2,594 m² | 1 · 1,030 m² | 6.6 m · 2 fl. |
| 21003A0086/00A002 | Brussels | 202 m² | 1 · 82 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
TRINAT
BE 0653.710.120
Lebbeke · Eq €127,219
CANLAR GIDA
BE 0789.283.060
Opwijk · Eq €127,511
PERPRO
BE 0458.808.020
Beerse · Eq €127,590
ADN INVEST
BE 0764.413.250
Sint-Jans-Molenbeek · Eq €127,019
ROCAMBOLESQUE
BE 0795.902.321
Villers-le-Bouillet · Eq €127,014
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,955 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 formPublic limited company
Founded29-08-2008
Fiscal year end30-06
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475702977