M2L SOLUTIONS
ActiveThe annual accounts of M2L SOLUTIONS for fiscal year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €599 and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 17022 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-70
Solvency26▼-7
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.98 against 1.01 in 2024; short-term debt: 99% and cash: 23.3% of total assets), and 99% 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1%
Return on assets
-4.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17022 sector peers (2025).
NBB · sector comparisonPosition among 17022 sector peers
Solvency
better than 10%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
9 d early
2022
29 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€599▼ 81.4%
2024 · €3k
2020: €-2k
2021: €12k
2022: €36k
2023: €3k
2024: €3k
2020 → 2025
Total assets
€58k▲ 36.9%
2024 · €42k
2020: €2k
2021: €40k
2022: €54k
2023: €94k
2024: €42k
2020 → 2025
Net result
€-3k
2024 · €8k
2020: €-4k
2021: €15k
2022: €25k
2023: €28k
2024: €8k
2020 → 2025
Working capital
€-1k
2024 · €544
2020: €-2k
2021: €9k
2022: €31k
2023: €-2k
2024: €544
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€36k▲ 192%€3k▼ 93.1%€3k▲ 28.8%€599▼ 81.4%
Operating result€19k-€32k▲ 72.8%€38k▲ 17.9%€12k▼ 68.8%€38k▲ 218%
Net result€15k-€25k▲ 65.8%€28k▲ 13.3%€8k▼ 72.3%€-3k
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 218% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€2k▼ 31.6%
Current assets
€56k▲ 41.5%
Equity and liabilities €58k
Equity
€599▼ 81.4%
Debt
€57k▲ 46.7%
The debt ratio rises from 92.4% to 99.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €14k
Cash flow
€-1k▼
2024 · €10k
Solvency
1.0%▼
2024 · 7.6%
Current ratio
0.98▼
2024 · 1.01
Quick ratio
0.98▼
2024 · 1.01
ROA
-4.5%▼
2024 · 18.3%
Interest coverage
1.03▼
2024 · 42.96
Debt
€57k▲
2024 · €39k
Debt ≤ 1 year
€57k▲
2024 · €39k
Income taxes
€2k▼
2024 · €4k
Equity ratios withheld: equity of €599 is too small for a meaningful ratio.
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€42k€58k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€363€363=
Current assets29/58€40k€56k▲
Amounts receivable within one year40/41€19k€42k▲
Trade receivables40€12k€27k▲
Other amounts receivable41€7k€15k▲
Cash at bank and in hand54/58€20k€13k▼
Deferred charges and accrued income490/1€477€485▲
Equity and liabilities
Total equity and liabilities10/49€42k€58k▲
Equity10/15€3k€599▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€721€-2k▼
Amounts payable17/49€39k€57k▲
Amounts payable within one year42/48€39k€57k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€21k€19k▼
Suppliers440/4€21k€19k▼
Taxes, remuneration and social security45€10k€490▼
Taxes450/3€10k€490▼
Other amounts payable47/48€7k€35k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€626€353▼
Gross operating margin9900€15k€40k▲
Operating profit (loss)9901€12k€38k▲
Financial charges65/66B€332€38k▲
Recurring financial charges65€332€38k▲
Profit (loss) for the period before taxes9903€11k€-617▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€8k€-3k▼
Profit (loss) for the period to be appropriated9905€8k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-2k▼
Profit (loss) brought forward from the previous period14P-€721
Profit to be distributed694/7€7k-
Return on contributions (dividend)694€7k-
The notes to these accounts (6 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
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €28k ▲13.3%
Operating result €38k, net result €28k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.72
Current ratio from 1.30 to 2.72; short-term debt falls from €28k to €18k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.61 to 1.30.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortenberg · 1 establishment unit since 2020
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.
Kapellestraat 703070 KortenbergGround area
2.3 ha
Building footprint
1,350 m²
Volume, LiDAR
54,128 m³
2 parcels, Brussels, Flanders · tallest building 46.5 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
M2L SOLUTIONS
since 20202.311.263.342
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0128/00A000 | Brussels | 2.3 ha | 1 · 1,270 m² | 46.5 m · 14 fl. |
| 24055B0115/00M000 | Flanders | 136 m² | 1 · 80 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900RH5LJ367WV2X86
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:marcel.luna@gmail.com