Turnover
≈ €26,000 estimated
The micro format states no turnover.
M2B
Overview
Lifetime
1 annual account with figurespeak €2,154 (2025)
€2,154
lowest -€1,797 (2025)
-€1,797
peak €203 (2025)
€203
€18,786
Board1 name since 2024
1 directorVAN dEN BRANDE Marco
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Loss of €1,797First year with figures
Key points
from the 2025 annual accountsDebts
€18,786 99% of the balance sheet
Financial debts 27%Suppliers 16%Taxes and wages 23%Other 34%
Position in the sector
€203
Less equity than 87% of companies in construction of buildings. Sector median €45,553 · 9,465 companies.
Checked score
34
Weak
Financially stronger than 10% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 3.6%lowest value
02-2026: 3.7%▲ +0.1 percentage points vs 01-2026
03-2026: 3.8%▲ +0.1 percentage points vs 02-2026
04-2026: 4.1%▲ +0.3 percentage points vs 03-2026
05-2026: 4.2%▲ +0.1 percentage points vs 04-2026
06-2026: 4.6%▲ +0.4 percentage points vs 05-2026
07-2026: 5.0%▲ +0.4 percentage points vs 06-2026
08-2026: 5.4%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 5.4%● unchanged vs 08-2026highest value
10-2026: 5.4%● unchanged vs 09-2026
11-2026: 5.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Liquidity: current ratio 0.60
Equity €203 (1.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 12% of them on solvency, 1% on liquidity and 17% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 280 companies had the same profile as M2B has now. Each dot is one company, two years later.
95.7%
were still trading
3.2%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of M2B itself is higher: 5.4% within 12 months. It rests on far more data about M2B than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 280 companies, not a prediction for M2B. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.6, below 1. Short-term debt is 98.9% of total assets. 98.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017464870
Incorporation
Founding capital of €2,000, 1,000 shares · Founder: VAN dEN BRANDE Marco (oprichter comparant) · Appointment: VAN dEN BRANDE Marco (director) · published on 18-12-2024 · Gazette deed
First establishment
Overheide 69, Puurs-Sint-Amands
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M2B Puurs-Sint-Amands | €18,989 | €2,154 | 1.1% | - |
| Renovise Nazareth-De Pinte | €20,569 | €2,172 | 51.9% | - |
| Van Hove - Engels Heist-op-den-Berg | €22,952 | €1,876 | -7.2% | - |
| MIeROW Lille | €18,780 | €3,566 | 84.0% | - |
| CORDARENO Sint-Pieters-Leeuw | €24,543 | €2,874 | -10.4% | - |
| Etablissements Minne Ottignies-Louvain-la-Neuve | €19,140 | €2,123 | 33.6% | - |
| DOBRA CONSTRUCT Schaerbeek | €22,275 | €2,309 | 44.7% | - |
These companies have the same main activity as M2B: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €18,800 and €24,500, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 16-12-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.367.561.1522870 Puurs-Sint-Amands, since 16-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2025
Annual accounts 2025
- €2,154
- €1,797
- €203
- €18,989
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on M2B
The computed 12-month bankruptcy probability of M2B is 5.4% (elevated). The 2025 annual accounts show equity of €203 and a net result of -€1,797.
Its solvency ranks better than 13% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadline€2,154
-€1,261
-€1,797
-€7,438
1.1%
0.60
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €26,000. Estimated: probably between €13,000 and €47,000.
Balance sheet
balance sheet total €18,989 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
1.1%
Higher than 13% of 9,462 companies in 2025.
0.60
Higher than 10% of 9,210 companies in 2025.
-9.5%
Higher than 13% of 9,282 companies in 2025.
M2B
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
18,989 | |
21/28 |
7,642 | |
22/27 |
7,642 | |
23 |
2,303 | |
24 |
5,338 | |
29/58 |
11,347 | |
40/41 |
11,015 | |
40 |
10,991 | |
41 |
24 | |
490/1 |
333 | |
| Balance sheet: equity and liabilities | ||
10/49 |
18,989 | |
10/15 |
203 | |
10/11 |
2,000 | |
14 |
-1,797 | |
17/49 |
18,786 | |
42/48 |
18,786 | |
43 |
5,098 | |
430/8 |
5,098 | |
44 |
3,046 | |
440/4 |
3,046 | |
45 |
4,282 | |
450/3 |
2,282 | |
454/9 |
2,000 | |
47/48 |
6,359 | |
| Income statement | ||
9900 |
2,154 | |
630 |
2,302 | |
640/8 |
1,112 | |
9901 |
-1,261 | |
75/76B |
11 | |
75 |
11 | |
65/66B |
547 | |
65 |
547 | |
9903 |
-1,797 | |
9904 |
-1,797 | |
9905 |
-1,797 | |
| Appropriation of the result | ||
9906 |
-1,797 | |
| Document | ||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00231186 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 1,041 | ||
| 505 | ||
| 9,944 | ||
| -7,438 | ||
| 1.1% | ||
| 0.60 | ||
| -9.5% | ||
| 1.90 |
The equity ratios are withheld because equity of €203 is too small for a meaningful ratio.
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.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €9,944 |
| Financial fixed assets | €0 |
| €2,302 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on M2B
Debt's share of the balance-sheet total is 98.9%.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 18-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 01-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Het bestuur heeft de meest uitgebreide machten om in alle omstandigheden namens de…”deed of 18-12-2024
Mandates through the years
1 name, the dashed line is todayVAN dEN BRANDE Marco
Director
Director
Board
Mandates as a list
- VAN dEN BRANDE Marco
- Director, appointed by deed of 18-12-2024, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 1,000
- Contribution per share
- €2
- Equity per share
- €0.20 in 2025
- Source
- deed of 18-12-2024
Articles of association
deed of 18-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, indien benoemd in statuten kunnen hoedanigheid statutair bestuurder hebben”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer kopers, onder levenden of door overlijden zonder goedkeuring”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beslissing algemene vergadering op elk moment, vormvereisten, aanwezigheidsquorum en meerderheid Wetboek van vennootschappen en verenigingen”
Shareholders
At incorporation
deed of 18-12-2024 ↗
- VAN dEN BRANDE Marco 1,000 shares (100%) · €2,000 in cash
Network & group
No group
M2B has no parent and no holdings in its annual accounts. VAN dEN BRANDE Marco is the only director. M2B shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 30 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017464870
2024
IncorporationFounding capital of €2,000, 1,000 shares · Founder: VAN dEN BRANDE Marco (oprichter comparant) · Appointment: VAN dEN BRANDE Marco (director) · published on 18-12-20245 points ▸
- Registered office clause, Overheide 69, 2870 Puurs-Sint-Amands
- Director appointment, VAN dEN BRANDE Marco
- Founder, VAN dEN BRANDE Marco (oprichter comparant)
- Founding capital, €2,000, 1,000 shares
- 1,000 shares
- The deed holds 2 more points.
First establishment Overheide 69, Puurs-Sint-Amands
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.464.870
- VAT number
- BE 1017.464.870
- Peppol ID
- 0208:1017464870
- Other Peppol ID
- 9925:BE1017464870
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-12-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 08-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- M2B in Dutch
- Trade name
- VdB Services in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-12-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- M2Bdeed of 18-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 18-12-2024 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
68100
Real estate activities
68201
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vervaardiging,montage,en bewerking van deuren,ramen,kozijnen,luiken,jaloeziën,plinten,staaflijsten,en andere bouwcomponenten uit…”deed of 18-12-2024 (in Dutch)
9 activities
- De vervaardiging,montage,en bewerking van deuren,ramen,kozijnen,luiken,jaloeziën,plinten,staaflijsten,en andere bouwcomponenten uit kunststof of metaal. Dit omvat ook het ontwerpen,produceren,en plaatsen van metalen constructiewerken voor de bouw en industriële installaties.
- Het uitvoeren van bouw- en renovatiewerken,waaronder funderingswerken,thermische en geluidsisolatie,montage van buiten- en binnenschrijnwerk,schilderwerken,het optrekken en afbreken van steigers,en overige afwerkingswerken.
- Het aanbieden van diensten als slotenmaker,inclusief het plaatsen,herstellen,en vervangen van sloten,sleutels,en andere beveiligingssystemen. Daarnaast het uitvoeren van activiteiten ter bescherming van eigendommen en personen.
- Het verrichten van mobiele verkoopactiviteiten en groothandel en kleinhandel in alle materialen van bovenvermelde activiteiten.
- De opbouw,inrichting,en afbraak van constructies en installaties voor evenementen,zoals podia,tenten,tribunes,en stands.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,het aangaan van alle verbintenissen en het uitvoeren van alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals het aankopen en verkopen van onroerende goederen,zowel in volle eigendom als in vruchtgebruik,voor eigen rekening,het verwerven of overdragen van onroerende zakelijke rechten,zoals onder meer erfpacht- en opstalrechten en de huurfinanciering aan derden,het ruilen,doen bouwen,doen verbouwen,onderhouden,huren,verhuren,ter beschikking stellen,verkavelen,prospecteren,ontwikkelen en uitbaten van onroerende goederen,het aankopen,verkopen,huren en verhuren van roerende goederen die betrekking hebben op de inrichting en uitrusting van onroerende goederen,alsmede het stellen van alle feitelijke dan wel rechtshandelingen die hiermee rechtstreeks of onrechtstreeks in verband staan en die van aard zijn de waarde en opbrengst van roerende en onroerende goederen te bevorderen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,het aangaan van alle verbintenissen en het uitvoeren van alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard dan ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,opties,obligaties,of enige andere financiële instrumenten of roerende waarden,onder welke vorm ook,van Belgische of buitenlandse,bestaande dan wel nog op te richten rechtspersonen en ondernemingen.
- Het verwerven van participaties in eender welke vorm in en het onderhandelen en sluiten van samenwerkingsverbanden van welke aard dan ook met alle bestaande dan wel nog op te richten rechtspersonen en ondernemingen,het bevorderen,coördineren,ontwikkelen en investeren in rechtspersonen en ondernemingen waarin zij participeert of met dewelke zij een samenwerkingsverband heeft gesloten.
- Het toestaan van alle soorten van leningen of kredieten aan rechtspersonen en ondernemingen of particulieren,onder welke vorm dan ook. In dit verband kan zij alle handels- en financiële transacties verrichten,behalve deze die wettelijk voorbehouden zijn aan kredietinstellingen,depositobanken,spaarkassen,hypotheekmaatschappijen,verzekeringsmaatschappijen en kapitalisatie-ondernemingen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Overheide 69 registered office 2870 Puurs-Sint-Amands 90392 Design and construction of stages and sets | 16-12-2024 | 2.367.561.152 |
Buildings and parcels at the address
- Ground area
- 1,363 m²
- Buildings
- 293 m²
- Volume, LiDAR
- 1,128 m³
- Tallest building
- 7.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12030A0226/00F000 | 1,363 m² | 1 · 293 m² | 7.6 m · 1 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1017.464.870