Financials
- Financial year
- 2024
- Total assets
- €11,689
- Loss
- -€3,081
- Solvency
- 86.4%
Total assets▼ 17.7%
Net result
20182024
M2B Estates
ActiveSummary
The computed 12-month bankruptcy probability of M2B Estates is 2.3% (moderate). The 2024 annual accounts show equity of €10,098 and a net result of -€3,081. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 89% of 19,153 sector peers (NACE 68, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€11,689total assets 2024
- Equity
- €10,098
- Loss
- -€3,081
Turnover not published (micro format)
Why 52raises riskLiquidity: current ratio 7.35, cash €0, halved1 financial year not filed after the legal deadline; last filed accounts filed 78 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 23-10-2025)lowers riskSize: total assets €11,689Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 39% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Average
Solvency
100=
equity 86.4% of total assets
Liquidity
48-2
short-term debt 13.6% · cash 0.0%
Profitability
0-25
return on assets -26.4%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%lowest value
12-2024: 1.0%● unchanged vs 11-2024lowest value
01-2025: 1.0%● unchanged vs 12-2024lowest value
02-2025: 1.0%● unchanged vs 01-2025lowest value
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 1.5%▲ +0.3 percentage points vs 07-2025
09-2025: 1.9%▲ +0.4 percentage points vs 08-2025
10-2025: 3.2%▲ +1.3 percentage points vs 09-2025highest value
11-2025: 2.2%▼ -1.0 percentage point vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.3%▲ +0.1 percentage points vs 02-2026
04-2026: 2.3%● unchanged vs 03-2026
05-2026: 1.2%▼ -1.1 percentage points vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%▲ +0.5 percentage points vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 2.3%▲ +0.5 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 7.35, compared with 13.9 in 2023, above the usual 1.5; short-term debt: 13.6% and cash: 0% of total assets), and 13.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 44% on liquidity, 4% on profitability and 20% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 78 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
78 days late
2023
29 days early
2022
30 days late
2021
31 days late
2020
31 days late
2019
88 days late
← 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 38 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€3,081
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- BART RONSSEDirector
- MATEO GRIJPDirector
Network & group
- Connected companies
- 3
Timeline
- Events
- 19
- Since
- 2010
- 30-04-2024Resignation: CALLEBAUT Steven Maurice Irma (director)
- 31-12-2023Liquidity more than 6 times
- 30-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 17-09-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 20
- Annual meeting
- Last Saturday of June at 11:00
- Purpose
- “I.VOOR EIGEN REKENING,VOOR REKENING VAN DERDEN OF IN DEELNEMING MET DERDEN” (deed in Dutch)
Key facts about M2B Estates
- What is the company number of M2B Estates?
- 0806.396.929. In Belgium the VAT number is the company number with BE in front: BE 0806.396.929.
- Where is M2B Estates based?
- The registered office is at Steenweg 7, 9890 Gavere.Company details
- What does M2B Estates do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of M2B Estates?
- Private limited company (BV).
- When was M2B Estates founded?
- On 17-09-2008.
- Is M2B Estates still active?
- Yes, M2B Estates is an active enterprise in the KBO register.
- What is the turnover of M2B Estates?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is M2B Estates profitable?
- In financial year 2024, M2B Estates made a loss of €3,081.
- Where can I find the annual accounts of M2B Estates?
- M2B Estates filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to M2B Estates
Comparable companies
- ARNCEVorst
- LIN INVESTTernat
- TOCH INVESTDestelbergen
- XAVIER RUQUOIS MANAGEMENTLasne
- BIMA INVESTNeupré
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.