M27
ActiveSummary
M27 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159,361 and a net result of €88,309. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency71▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.52 in 2024; short-term debt: 53.6% and cash: 21% of total assets), but 53.6% of the assets are financed with debt.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.4%
Return on assets
25.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 6 filingsDeviation from the deadline
2025
56 d late
2024
224 d late
2023
30 d late
2022
13 d early
2021
9 d late
2020
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€159,361▲ 13.0%
2024 · €141,052
Total assets
€343,252▼ 6.5%
2024 · €367,244
Net result
€88,309▼ 59.9%
2024 · €220,052
Working capital
€140,487▲ 19.9%
2024 · €117,150
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€102,918▲ 193%€134,007▲ 30.2%€164,811▲ 23.0%€284,270▲ 72.5%€125,069▼ 56.0%
Net result€79,596▲ 184%€105,190▲ 32.2%€124,469▲ 18.3%€220,052▲ 76.8%€88,309▼ 59.9%
Equity€108,588▲ 275%€213,778▲ 96.9%€1,000▼ 99.5%€141,052▲ 14,005%€159,361▲ 13.0%
Total assets€176,746▲ 271%€310,971▲ 75.9%€560,555▲ 80.3%€367,244▼ 34.5%€343,252▼ 6.5%
Debt€68,158▲ 264%€97,193▲ 42.6%€559,555▲ 476%€226,192▼ 59.6%€183,891▼ 18.7%
Working capital€106,227▲ 266%€210,709▲ 98.4%-€29,015€117,150€140,487▲ 19.9%
Staff (FTE)1.42.8▲ 100%1.8▼ 35.7%
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 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343,252
Fixed assets
€18,874 ▼ 21.0%
Current assets
€324,378 ▼ 5.5%
Equity and liabilities €343,252
Equity
€159,361 ▲ 13.0%
Debt
€183,891 ▼ 18.7%
Debt's share of the balance-sheet total falls from 61.6% to 53.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€136,469▼
2024 · €294,022
Cash flow
€99,709▼
2024 · €229,804
Current ratio
1.76▲
2024 · 1.52
Debt to equity
1.15▼
2024 · 1.60
ROE
55.4%▼
2024 · 156.0%
ROA
25.7%▼
2024 · 59.9%
Interest coverage
1228.57▲
2024 · 83.45
Debt ≤ 1 year
€183,891▼
2024 · €226,192
Income taxes
€36,854▼
2024 · €73,260
Staff costs
€156,968▼
2024 · €200,438
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €92,038 | €200,438 | €156,968 | ▼ 21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €375 | €839 | €4,795 | €9,752 | €11,400 | ▲ 16.9% |
| Other operating charges640/8 | €644 | €201 | €461 | €928 | €315 | ▼ 66.1% |
| Gross operating margin9900 | €103,936 | €135,047 | €262,105 | €495,388 | €293,752 | ▼ 40.7% |
| Operating profit (loss)9901 | €102,918 | €134,007 | €164,811 | €284,270 | €125,069 | ▼ 56.0% |
| Financial income75/76B | €224 | €1,914 | €2,398 | €12,566 | €205 | ▼ 98.4% |
| Recurring financial income75 | €224 | €1,914 | €2,398 | €12,566 | €205 | ▼ 98.4% |
| Financial charges65/66B | €699 | €359 | €366 | €3,523 | €111 | ▼ 96.8% |
| Recurring financial charges65 | €699 | €359 | €366 | €3,523 | €111 | ▼ 96.8% |
| Profit (loss) for the period before taxes9903 | €102,443 | €135,562 | €166,843 | €293,312 | €125,163 | ▼ 57.3% |
| Income taxes67/77 | €22,846 | €30,373 | €42,375 | €73,260 | €36,854 | ▼ 49.7% |
| Profit (loss) for the period9904 | €79,596 | €105,190 | €124,469 | €220,052 | €88,309 | ▼ 59.9% |
| Profit (loss) for the period to be appropriated9905 | €79,596 | €105,190 | €124,469 | €220,052 | €88,309 | ▼ 59.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176,746 | €310,971 | €560,555 | €367,244 | €343,252 | ▼ 6.5% |
| Fixed assets21/28 | €2,361 | €3,068 | €30,015 | €23,902 | €18,874 | ▼ 21.0% |
| Intangible fixed assets21 | - | - | €8,108 | €5,134 | €2,161 | ▼ 57.9% |
| Tangible fixed assets22/27 | €2,361 | €3,068 | €21,907 | €18,768 | €16,713 | ▼ 11.0% |
| Furniture and vehicles24 | €2,361 | €1,814 | €20,962 | €18,131 | €16,385 | ▼ 9.6% |
| Other tangible fixed assets26 | - | €1,255 | €946 | €636 | €327 | ▼ 48.6% |
| Current assets29/58 | €174,386 | €307,903 | €530,540 | €343,342 | €324,378 | ▼ 5.5% |
| Amounts receivable after more than one year29 | €59,000 | €59,000 | €59,000 | €59,000 | €59,000 | = |
| Other amounts receivable291 | €59,000 | €59,000 | €59,000 | €59,000 | €59,000 | = |
| Amounts receivable within one year40/41 | €28,314 | €100,132 | €102,152 | €230,784 | €125,583 | ▼ 45.6% |
| Trade receivables40 | €28,314 | €99,864 | €102,152 | €221,768 | €112,043 | ▼ 49.5% |
| Other amounts receivable41 | - | €268 | €0 | €9,017 | €13,540 | ▲ 50.2% |
| Current investments50/53 | €7,500 | €25,728 | €43,886 | €20,611 | €66,288 | ▲ 222% |
| Cash at bank and in hand54/58 | €78,932 | €120,512 | €320,918 | €32,947 | €72,116 | ▲ 119% |
| Deferred charges and accrued income490/1 | €640 | €2,531 | €4,585 | - | €1,390 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176,746 | €310,971 | €560,555 | €367,244 | €343,252 | ▼ 6.5% |
| Equity10/15 | €108,588 | €213,778 | €1,000 | €141,052 | €159,361 | ▲ 13.0% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | - | - | €140,052 | €158,361 | ▲ 13.1% |
| Distributable reserves133 | - | - | - | €140,052 | €158,361 | ▲ 13.1% |
| Profit (loss) carried forward14 | €107,588 | €212,778 | €0 | - | - | - |
| Amounts payable17/49 | €68,158 | €97,193 | €559,555 | €226,192 | €183,891 | ▼ 18.7% |
| Amounts payable within one year42/48 | €68,158 | €97,193 | €559,555 | €226,192 | €183,891 | ▼ 18.7% |
| Trade debts44 | €16,689 | €34,380 | €104,245 | €27,322 | - | - |
| Suppliers440/4 | €16,689 | €34,380 | €104,245 | €27,322 | - | - |
| Taxes, remuneration and social security45 | €40,651 | €62,813 | €115,639 | €130,869 | €126,491 | ▼ 3.3% |
| Taxes450/3 | €38,751 | €62,813 | €100,004 | €108,552 | €114,547 | ▲ 5.5% |
| Remuneration and social security454/9 | €1,900 | €0 | €15,635 | €22,317 | €11,944 | ▼ 46.5% |
| Other amounts payable47/48 | €10,818 | €0 | €339,671 | €68,000 | €57,400 | ▼ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,596 | €105,190 | €124,469 | €220,052 | €88,309 | ▼ 59.9% |
| + Depreciation and write-downs630 | €375 | €839 | €4,795 | €9,752 | €11,400 | ▲ 16.9% |
| Operating cash flow (approximation) | €79,971 | €106,028 | €129,263 | €229,804 | €99,709 | ▼ 56.6% |
| Investment in fixed assets (approximation) | - | -€1,546 | -€31,741 | -€3,639 | -€6,372 | ▼ 75.1% |
| Change in cash | - | €41,579 | €200,406 | -€287,971 | €39,169 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 56 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 224 days late
2025
31-12
Financial
Equity above €150,000Eq €159,361 ▲13%
6 profitable years in a row build equity to €159,361.
2024
31-12
Financial
Highest result since 2020net €220,052 ▲76.8%
Operating result €284,270, net result €220,052, both a record.
31-12
Financial
Equity above €100,000Eq €141,052 ▲14,005%
5 profitable years in a row build equity to €141,052.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €213,778 ▲96.9%
3 profitable years in a row build equity to €213,778.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Equity above €100,000Eq €108,588 ▲275%
2 profitable years in a row build equity to €108,588.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 2020
Ground area
154 m²
Building footprint
113 m²
Volume, LiDAR
1,098 m³
Parcel 21443C0196/00C021, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Jean Paquotstraat 29A, 1050 Elsene
since 20202.307.525.872
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0196/00C021 | Brussels | 153 m² | 1 · 113 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,757 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
62100Computer programming
Contact
E-mail
maximemeert16@gmail.comElsene
Phone
+32 474 296 231Elsene
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754970004
Also
9925:BE0754970004
Registered
07-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.