M2CONSULT
ActiveM2CONSULT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €31k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+6
Solvency77▼-23
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 5.29 in 2024; short-term debt: 48.3% and cash: 12.4% of total assets), and 48.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
51.7%
Return on assets
8.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
56 d early
2023
47 d early
2022
55 d early
2021
6 d early
2020
17 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€198k▼ 46.9%
2024 · €372k
2019: €454k
2020: €451k
2021: €560k
2022: €556k
2023: €481k
2024: €372k
2019 → 2025
Total assets
€382k▼ 15.9%
2024 · €454k
2019: €504k
2020: €582k
2021: €614k
2022: €637k
2023: €556k
2024: €454k
2019 → 2025
Net result
€31k▲ 92.2%
2024 · €16k
2019: €125k
2020: €96k
2021: €111k
2022: €102k
2023: €37k
2024: €16k
2019 → 2025
Working capital
€192k▼ 45.6%
2024 · €354k
2019: €449k
2020: €448k
2021: €557k
2022: €536k
2023: €453k
2024: €354k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€560k-€556k▼ 0.7%€481k▼ 13.5%€372k▼ 22.7%€198k▼ 46.9%
Operating result€156k-€144k▼ 7.5%€57k▼ 60.5%€19k▼ 66.9%€35k▲ 85.8%
Net result€111k-€102k▼ 8.0%€37k▼ 63.3%€16k▼ 57.0%€31k▲ 92.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€5k▼ 71.2%
Current assets
€377k▼ 13.6%
Equity and liabilities €382k
Equity
€198k▼ 46.9%
Debt
€185k▲ 124%
The debt ratio rises from 18.2% to 48.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48k▲
2024 · €31k
Cash flow
€43k▲
2024 · €28k
Solvency
51.7%▼
2024 · 81.8%
Current ratio
2.04▼
2024 · 5.29
Quick ratio
2.04▼
2024 · 5.29
Debt / equity
0.93▲
2024 · 0.22
ROE
15.6%▲
2024 · 4.3%
ROA
8.1%▲
2024 · 3.5%
Interest coverage
26.70▲
2024 · 18.55
Debt
€185k▲
2024 · €83k
Debt ≤ 1 year
€185k▲
2024 · €83k
Income taxes
€15k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€454k€382k▼
Fixed assets21/28€18k€5k▼
Tangible fixed assets22/27€18k€5k▼
Furniture and vehicles24€16k€4k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€437k€377k▼
Amounts receivable after more than one year29€49k€30k▼
Other amounts receivable291€49k€30k▼
Amounts receivable within one year40/41€29k€25k▼
Trade receivables40€29k€25k▼
Current investments50/53€280k€272k▼
Cash at bank and in hand54/58€77k€47k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€454k€382k▼
Equity10/15€372k€198k▼
Contributions10/11€6k€6k=
Reserves13€366k€191k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€358k€184k▼
Amounts payable17/49€83k€185k▲
Amounts payable within one year42/48€83k€185k▲
Trade debts44€835€1k▲
Suppliers440/4€835€1k▲
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€13k€14k▲
Other amounts payable47/48€68k€169k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€33k€49k▲
Operating profit (loss)9901€19k€35k▲
Financial income75/76B€9k€13k▲
Recurring financial income75€9k€13k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€27k€46k▲
Income taxes67/77€10k€15k▲
Profit (loss) for the period9904€16k€31k▲
Profit (loss) for the period to be appropriated9905€16k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€31k▲
Transfer from equity791/2€124k€203k▲
Transfer to equity691/2€14k€29k▲
To other reserves6921€14k€29k▲
Profit to be distributed694/7€125k€205k▲
Return on contributions (dividend)694€125k€205k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
28-11
State Gazette act
Board meeting · Registered-office move
Director resignation · Director appointment
28-11
State Gazette act
Board meeting · Registered-office move
Director resignation · Director appointment
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €16k ▼57%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
04-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
04-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
22-08
State Gazette act
Board meeting · Power of attorney
Permanent representative
18-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
18-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
15-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
15-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 11.28
Current ratio from 4.44 to 11.28; short-term debt falls from €130k to €54k.
30-06
Financial
Equity above €500kEq €560k ▲24.2%
3 profitable years in a row build equity to €560k.
20-05
State Gazette act
Board meeting · Power of attorney
Permanent representative
20-05
State Gazette act
Board meeting · Power of attorney
Permanent representative · Declaration
20-05
State Gazette act
Board meeting · Power of attorney
Permanent representative
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
State Gazette act
Board meeting · Accounting effect
Director resignation · Director appointment
27-03
State Gazette act
Board meeting · Accounting effect
Director resignation · Director appointment
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wavre · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Baudelaire 91300 WavreGround area
696 m²
Building footprint
127 m²
Volume, LiDAR
800 m³
Parcel 25772H0069/00W000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M2CONSULT
since 20042.143.533.120
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772H0069/00W000 | Wallonia | 696 m² | 1 · 127 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared director
→
Shared director
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Shared director
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Shared director
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Show 2 more network connections
Shared director
→
Shared director
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Ownership & control
1 partyM2CONSULTBE 0869.774.452
controls
Where this company holds controlthis company sits on their board1
1 subsidiary · 30 locations
Recognitions · licences · registrations
Legal Entity Identifier
967600K95KHQC1SQEH10
Similar companies · same sector, comparable size
BUMAR
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BAOLOGIC
BE 0835.675.586
Braine-le-Château · Eq €198k
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INDEMO
BE 0466.822.002
Roeselare · Eq €197k
MBB INGENIEURS
BE 0653.759.610
Soumagne · Eq €197k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-11-2004
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
70210Activities of head offices; management consultancy activities
73200Market research and public opinion polling
73300Public relations and communication consultancy
74131
74141
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.