M2 TECHNICS
Annual accounts 2025
micro format, filed on 05-03-2026, 33 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €362,540 on 30-06-2025in euro
in euro
Position in the sector
35.1%
Higher than 46% of 13,805 companies in 2025.
3.15
Higher than 72% of 13,186 companies in 2025.
-0.4%
Higher than 32% of 13,365 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
362,540 | 368,077 | 423,746 | 359,726 | 316,716 | 477,084 | 418,745 | 196,690 | 228,705 | 235,692 | 264,571 | 289,893 | 277,381 | 108,368 | 127,560 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | 44 | 421 | 687 | 953 | |
21/28 |
- | - | - | 451 | 2,555 | 9,347 | 16,140 | 22,932 | 31,827 | 32,147 | 46,313 | 60,891 | 34,305 | 1,926 | 2,830 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | 175 | 600 | 900 | 1,200 | |
22/27 |
- | - | - | 451 | 2,555 | 9,347 | 16,140 | 22,932 | 31,827 | 32,147 | 46,313 | 60,672 | 33,284 | 339 | 677 | |
23 |
- | - | - | 451 | 2,555 | 5,608 | 8,662 | 11,715 | 14,875 | 19,769 | 25,847 | 31,925 | 31,894 | 339 | 677 | |
24 |
- | - | - | - | - | 3,739 | 7,478 | 11,217 | 16,952 | 12,378 | 20,466 | 28,747 | 1,391 | - | - | |
29/58 |
362,540 | 368,077 | 423,746 | 359,275 | 314,161 | 467,737 | 402,605 | 173,758 | 196,878 | 203,545 | 218,258 | 229,002 | 243,076 | 106,443 | 124,730 | |
3 |
- | - | - | - | - | - | - | - | 16,688 | 71,134 | 74,307 | - | 24,821 | - | - | |
30/36 |
- | - | - | - | - | - | - | - | 16,688 | 71,134 | 74,307 | - | 24,821 | - | - | |
40/41 |
353,502 | 354,984 | 343,646 | 356,598 | 307,240 | 440,770 | 394,106 | 151,309 | 150,106 | 100,763 | 122,929 | 149,133 | 141,439 | 15,418 | 78,427 | |
40 |
346,766 | 345,100 | 341,360 | 351,233 | 299,525 | 414,547 | 388,789 | 138,264 | 145,475 | 95,324 | 113,162 | 144,877 | 140,817 | 11,915 | 77,558 | |
41 |
6,736 | 9,884 | 2,286 | 5,364 | 7,714 | 26,224 | 5,317 | 13,045 | 4,631 | 5,439 | 9,767 | 4,256 | 622 | 3,503 | 868 | |
54/58 |
8,799 | 13,093 | 16,582 | 2,369 | 5,605 | 23,709 | 5,639 | 19,288 | 26,652 | 26,219 | 14,480 | 75,510 | 74,810 | 90,920 | 46,257 | |
490/1 |
239 | - | 63,518 | 308 | 1,317 | 3,258 | 2,860 | 3,161 | 3,432 | 5,429 | 6,542 | 4,359 | 2,005 | 104 | 46 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
362,540 | 368,077 | 423,746 | 359,726 | 316,716 | 477,084 | 418,745 | 196,690 | 228,705 | 235,692 | 264,571 | 289,893 | 277,381 | 108,368 | 127,560 | |
10/15 |
127,318 | 128,906 | 146,055 | 100,603 | 84,349 | 147,347 | 107,133 | 101,603 | 115,154 | 167,618 | 191,746 | 196,678 | 185,321 | 98,823 | 110,681 | |
10/11 |
175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 100,000 | 100,000 | |
10 |
175,000 | 175,000 | 175,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 | 100,000 | 100,000 | |
13 |
10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,016 | 10,000 | 10,000 | |
130/1 |
10,584 | 10,584 | 10,584 | 10,584 | 10,584 | - | - | - | - | - | - | - | - | - | - | |
130 |
10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,584 | 10,016 | 10,000 | 10,000 | |
14 |
-58,266 | -56,678 | -39,529 | -84,981 | -101,234 | -38,237 | -78,451 | -83,981 | -70,430 | -17,966 | 6,162 | 11,094 | 305 | -11,177 | 681 | |
16 |
120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | - | - | |
160/5 |
120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | - | - | |
160 |
120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | - | - | |
17/49 |
115,223 | 119,171 | 157,691 | 139,124 | 112,366 | 209,737 | 191,612 | 95,087 | 113,551 | 68,074 | 72,825 | 93,215 | 92,060 | 9,546 | 16,879 | |
17 |
- | - | - | - | - | 589 | 4,077 | 7,489 | 10,826 | 3,084 | 9,831 | 17,405 | - | - | - | |
170/4 |
- | - | - | - | - | 589 | 4,077 | 7,489 | 10,826 | 3,084 | 9,831 | 17,405 | - | - | - | |
42/48 |
115,223 | 119,171 | 157,691 | 139,124 | 112,366 | 208,707 | 187,488 | 87,598 | 102,725 | 64,990 | 62,994 | 71,031 | 92,053 | 9,530 | 16,872 | |
42 |
- | - | - | - | 589 | 3,488 | 3,412 | 3,337 | 6,346 | 6,748 | 7,574 | 7,219 | - | - | - | |
44 |
83,606 | 87,554 | 125,591 | 80,124 | 69,749 | 141,101 | 149,058 | 82,183 | 87,506 | 50,970 | 36,843 | 32,857 | 56,693 | 3,301 | 5,984 | |
440/4 |
83,606 | 87,554 | 125,591 | 80,124 | 69,749 | 141,101 | 149,058 | 82,183 | 87,506 | 50,970 | 36,843 | 32,857 | 56,693 | 3,301 | 5,984 | |
45 |
- | - | - | - | 28 | 19,118 | 24,018 | 2,079 | 8,873 | 7,272 | 18,577 | 30,955 | 25,360 | 6,229 | 10,888 | |
450/3 |
- | - | - | - | 28 | 167 | 6,582 | 99 | 149 | 4,955 | 5,007 | 16,864 | 13,093 | 6,229 | 10,888 | |
454/9 |
- | - | - | - | - | 18,951 | 17,436 | 1,980 | 8,724 | 2,317 | 13,570 | 14,091 | 12,266 | - | - | |
47/48 |
31,617 | 31,617 | 32,100 | 59,000 | 42,000 | 45,000 | 11,000 | - | - | - | - | - | 10,000 | - | - | |
492/3 |
- | - | - | - | - | 440 | 47 | - | - | - | - | 4,779 | 7 | 16 | 7 | |
| Income statement | ||||||||||||||||
76A |
- | - | - | - | 3,761 | - | - | - | 40 | - | - | - | 1,778 | 2,250 | - | |
9900 |
-775 | -11,860 | -3,315 | 25,165 | -18,361 | 263,020 | 279,937 | 118,474 | 166,525 | 174,189 | 199,891 | 391,709 | 107,399 | -12,656 | 17,976 | |
62 |
- | - | - | 85 | 41,076 | 109,282 | 145,808 | 121,269 | 204,037 | 180,221 | 185,901 | 322,226 | 89,829 | - | - | |
630 |
- | - | - | 2,104 | 3,054 | 6,793 | 6,793 | 8,895 | 12,054 | 14,166 | 14,579 | 21,144 | 6,491 | 905 | 1,015 | |
631/4 |
- | - | - | - | - | 102,079 | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | 6,081 | - | - | 120,000 | - | - | - | - | - | - | - | - | |
640/8 |
537 | 5,034 | 498 | 498 | 190 | 1,064 | 1,053 | 1,130 | 1,394 | 1,760 | 1,732 | 4,001 | 836 | 348 | 799 | |
66A |
- | - | 315 | - | - | 2,786 | - | - | - | - | - | - | - | - | - | |
9901 |
-1,312 | -16,894 | -4,127 | 16,397 | -62,681 | 41,018 | 6,283 | -12,820 | -50,960 | -21,958 | -2,321 | 44,338 | 10,243 | -13,908 | 16,161 | |
75/76B |
- | - | - | 98 | 78 | - | - | 86 | - | 50 | 9 | 327 | 175 | 621 | 382 | |
75 |
- | - | - | 98 | 78 | - | - | 86 | - | 50 | 9 | 327 | 175 | 621 | 382 | |
65/66B |
276 | 255 | 263 | 241 | 367 | 636 | 519 | 718 | 1,395 | 2,046 | 2,438 | 26,153 | 699 | 149 | 170 | |
65 |
276 | 255 | 263 | 241 | 367 | 636 | 519 | 718 | 1,395 | 2,046 | 2,438 | 26,153 | 699 | 149 | 170 | |
9903 |
-1,588 | -17,149 | -4,391 | 16,253 | -62,970 | 40,382 | 5,764 | -13,452 | -52,315 | -23,954 | -4,750 | 18,512 | 11,498 | -11,186 | 16,374 | |
67/77 |
- | - | - | - | 28 | 167 | 235 | 99 | 149 | 174 | 182 | 7,155 | - | 672 | 5,692 | |
9904 |
-1,588 | -17,149 | -4,391 | 16,253 | -62,998 | 40,215 | 5,530 | -13,551 | -52,464 | -24,128 | -4,932 | 11,357 | 11,498 | -11,859 | 10,681 | |
9905 |
-1,588 | -17,149 | -4,391 | 16,253 | -62,998 | 40,215 | 5,530 | -13,551 | -52,464 | -24,128 | -4,932 | 11,357 | 11,498 | -11,859 | 10,681 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-58,266 | -56,678 | -39,529 | -84,981 | -101,234 | -38,237 | -78,451 | -83,981 | -70,430 | -17,966 | 6,162 | 11,662 | 321 | -11,177 | 10,681 | |
14P |
-56,678 | -39,529 | -35,138 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 568 | 16 | - | 10,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 568 | 16 | - | 10,000 | |
| Social balance sheet | ||||||||||||||||
9087 |
- | - | - | - | 2 | 2 | 2.1 | 2 | 2.9 | 3 | 3 | 3.3 | 1.4 | - | - | |
Hours worked1013 |
- | - | - | - | 589 | 2,889 | 3,609 | 3,405 | 5,065 | 5,185 | 5,280 | 8,817 | 2,449 | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 33 days after the deadline. Filed on 5 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00050105.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 05-03-2026 | 2026-00050105 | |
| 30-06-2024 | micro format | 04-03-2025 | 2025-00043973 | |
| 30-06-2023 | micro format | 26-02-2024 | 2024-00034357 | |
| 30-06-2021 | micro format | 22-02-2022 | 2022-06100152 | |
| 30-06-2020 | micro format | 16-07-2021 | 2021-36800519 | |
| 30-06-2019 | micro format | 28-12-2019 | 2019-77700314 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03500371 | |
| 30-06-2017 | micro format | 15-01-2018 | 2018-01500047 | |
| 30-06-2016 | full format | 21-12-2016 | 2016-70800286 | |
| 30-06-2015 | full format | 21-12-2015 | 2015-69600147 | |
| 30-06-2014 | full format | 13-01-2015 | 2015-01100404 | |
| 30-06-2013 | full format | 21-12-2013 | 2013-69700213 | |
| 31-12-2011 | full format | 31-08-2012 | 2012-53000510 | |
| 31-12-2010 | full format | 29-07-2011 | 2011-36100029 | |
| 31-12-2009 | full format | 27-07-2010 | 2010-35500217 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | 18,500 | -59,627 | 47,810 | 13,075 | -3,926 | -38,906 | -7,792 | 12,258 | 65,482 | 16,735 | -13,004 | 17,177 | ||
| - | - | - | 18,357 | -59,944 | 47,007 | 12,322 | -4,656 | -40,410 | -9,962 | 9,647 | 32,501 | 17,989 | -10,954 | 11,697 | ||
| - | - | - | 0 | -3,739 | 0 | 0 | -0 | 18,695 | 0 | 1 | 47,730 | 38,871 | 0 | 2,516 | ||
| -4,293 | -3,489 | - | -3,236 | -18,104 | 18,070 | -13,650 | -7,364 | 433 | 11,739 | -61,030 | - | -16,110 | 44,663 | - | ||
| 247,318 | 248,906 | 266,055 | 220,151 | 201,795 | 259,029 | 215,117 | 86,160 | 94,153 | 138,555 | 155,264 | 157,971 | 151,023 | 96,913 | 107,858 | ||
| 35.1% | 35.0% | 34.5% | 28.0% | 26.6% | 30.9% | 25.6% | 51.7% | 50.4% | 71.1% | 72.5% | 67.8% | 66.8% | 91.2% | 86.8% | ||
| 3.15 | 3.09 | 2.69 | 2.58 | 2.80 | 2.24 | 2.15 | 1.98 | 1.92 | 3.13 | 3.46 | 3.22 | 2.64 | 11.17 | 7.39 | ||
| 3.15 | 3.09 | 2.69 | 2.58 | 2.80 | 2.24 | 2.15 | 1.98 | 1.75 | 2.04 | 2.29 | 3.22 | 2.37 | 11.17 | 7.39 | ||
| 0.91 | 0.92 | 1.08 | 1.38 | 1.33 | 1.42 | 1.79 | 0.94 | 0.99 | 0.41 | 0.38 | 0.47 | 0.50 | 0.10 | 0.15 | ||
| -1.2% | -13.3% | -3.0% | 16.2% | -74.7% | 27.3% | 5.2% | -13.3% | -45.6% | -14.4% | -2.6% | 5.8% | 6.2% | -12.0% | 9.7% | ||
| -0.4% | -4.7% | -1.0% | 4.5% | -19.9% | 8.4% | 1.3% | -6.9% | -22.9% | -10.2% | -1.9% | 3.9% | 4.1% | -10.9% | 8.4% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on M2 TECHNICS
The operating result for 2025 is a loss of €1,312, smaller than the loss of €16,894 in 2024.
Debt's share of the balance-sheet total falls from 32.4% to 31.8%. Equity and debt are lower.