M27 (0754.970.004): financials and annual accounts

M27

Ixelles ·KBO/BCE: BE 0754.970.004

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
`20/58`	343,252	367,244	560,555	310,971	176,746	47,701
`21/28`	18,874	23,902	30,015	3,068	2,361	-
`21`	2,161	5,134	8,108	-	-	-
`22/27`	16,713	18,768	21,907	3,068	2,361	-
`24`	16,385	18,131	20,962	1,814	2,361	-
`26`	327	636	946	1,255	-	-
`29/58`	324,378	343,342	530,540	307,903	174,386	47,701
`29`	59,000	59,000	59,000	59,000	59,000	-
`291`	59,000	59,000	59,000	59,000	59,000	-
`40/41`	125,583	230,784	102,152	100,132	28,314	11,217
`40`	112,043	221,768	102,152	99,864	28,314	11,217
`41`	13,540	9,017	0	268	-	-
`50/53`	66,288	20,611	43,886	25,728	7,500	-
`54/58`	72,116	32,947	320,918	120,512	78,932	36,485
`490/1`	1,390	-	4,585	2,531	640	-
Balance sheet: equity and liabilities
`10/49`	343,252	367,244	560,555	310,971	176,746	47,701
`10/15`	159,361	141,052	1,000	213,778	108,588	28,991
`10/11`	1,000	1,000	1,000	1,000	1,000	1,000
`13`	158,361	140,052	-	-	-	-
`133`	158,361	140,052	-	-	-	-
`14`	-	-	0	212,778	107,588	27,991
`17/49`	183,891	226,192	559,555	97,193	68,158	18,710
`42/48`	183,891	226,192	559,555	97,193	68,158	18,710
`44`	-	27,322	104,245	34,380	16,689	164
`440/4`	-	27,322	104,245	34,380	16,689	164
`45`	126,491	130,869	115,639	62,813	40,651	13,114
`450/3`	114,547	108,552	100,004	62,813	38,751	13,114
`454/9`	11,944	22,317	15,635	0	1,900	-
`47/48`	57,400	68,000	339,671	0	10,818	5,432
Income statement
`9900`	293,752	495,388	262,105	135,047	103,936	35,102
`62`	156,968	200,438	92,038	-	-	-
`630`	11,400	9,752	4,795	839	375	-
`640/8`	315	928	461	201	644	-
`9901`	125,069	284,270	164,811	134,007	102,918	35,102
`75/76B`	205	12,566	2,398	1,914	224	-
`75`	205	12,566	2,398	1,914	224	-
`65/66B`	111	3,523	366	359	699	43
`65`	111	3,523	366	359	699	43
`9903`	125,163	293,312	166,843	135,562	102,443	35,060
`67/77`	36,854	73,260	42,375	30,373	22,846	7,068
`9904`	88,309	220,052	124,469	105,190	79,596	27,991
`9905`	88,309	220,052	124,469	105,190	79,596	27,991
Appropriation of the result
`9906`	88,309	220,052	337,246	212,778	107,588	27,991
`14P`	-	-	212,778	107,588	27,991	-
`691/2`	18,309	140,052	-	-	-	-
`6921`	18,309	140,052	-	-	-	-
`694/7`	70,000	80,000	337,246	-	-	-
`694`	70,000	80,000	337,246	-	-	-
Social balance sheet
`9087`	1.8	2.8	1.4	-	-	-
Hours worked`1013`	3,048	4,693	2,356	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	25-09-2026	2026-00523884	PDF
31-12-2024	micro format	12-03-2026	2026-00053080	PDF
31-12-2023	micro format	30-08-2024	2024-00436942	PDF
31-12-2022	micro format	18-07-2023	2023-00251136	PDF
31-12-2021	micro format	09-08-2022	2022-20283231	PDF
31-12-2020	micro format	19-07-2021	2021-37800046	PDF

2025	2024	2023	2022	2021	2020
136,469	294,022	169,605	134,846	103,292	-
99,709	229,804	129,263	106,028	79,971	-
6,372	3,639	31,741	1,546	2,735	-
39,169	-287,971	200,406	41,579	42,448	-
140,487	117,150	-29,015	210,709	106,227	28,991
46.4%	38.4%	0.2%	68.7%	61.4%	60.8%
1.76	1.52	0.95	3.17	2.56	2.55
1.15	1.60	-	0.45	0.63	0.65
55.4%	156.0%	-	49.2%	73.3%	96.6%
25.7%	59.9%	22.2%	33.8%	45.0%	58.7%
over 100	83.45	over 100	over 100	over 100	-

Item	31-12-2025	31-12-2024	31-12-2023
Employees at the balance-sheet date	1	3	2
full-time	1	3	2
part-time	0	-	0
in full-time equivalents	1	3	2
	1.8	2.8	1.4
On a permanent contract	1	3	2
Joined	0	1	2
Left	2	0	0
Training hours	-	0	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€6,372	€3,639	€22,821	€1,546	€2,735
Intangible fixed assets	-	-	€8,920	-	-
	€11,400	€9,752	€4,795	€839	€375

M27

Annual accounts 2025

Balance sheet

in euro

in euro

Position in the sector

46.4%

1.76

25.7%

Staff

€87,205

-2 people

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on M27

Next steps

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency46.4%

Current ratio1.76

Return on assets25.7%

Staff

Staff cost per FTE€87,205

Joined and left-2 people

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on M27

Next steps

in euro

in euro

46.4%

1.76

25.7%

€87,205

-2 people