M2Mcom
Annual accounts 2025
abbreviated format, filed on 14-07-2026, 17 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €170,000 and €520,000.
Balance sheet
balance sheet total €618,653 on 31-12-2025in euro
in euro
Position in the sector
55.9%
Higher than 64% of 122 companies in 2025.
1.28
Higher than 40% of 118 companies in 2025.
10.8%
Higher than 71% of 117 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
618,653 | 615,156 | 601,528 | 593,055 | 537,768 | 118,527 | 152,283 | 108,284 | 137,829 | 193,928 | 72,945 | 50,846 | 82,032 | 72,313 | 117,026 | 72,142 | |
21/28 |
445,384 | 446,617 | 450,849 | 444,770 | 444,770 | 51,651 | 63,433 | 21,777 | 6,063 | 3,183 | 2,801 | 2,447 | 4,426 | 5,257 | 18,950 | 27,730 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,038 | 2,965 | |
22/27 |
615 | 1,847 | 3,079 | - | - | 51,651 | 63,383 | 21,727 | 6,013 | 3,133 | 2,751 | 2,397 | 4,376 | 5,207 | 17,887 | 24,765 | |
23 |
- | - | - | - | - | 1,869 | 2,804 | - | - | - | - | - | - | - | - | - | |
24 |
615 | 1,847 | 3,079 | - | - | 66 | 1,266 | 3,087 | 6,013 | 3,133 | 2,751 | 2,397 | 4,376 | 5,207 | 17,887 | 24,765 | |
26 |
- | - | - | - | - | 49,716 | 59,313 | 18,641 | - | - | - | - | - | - | - | - | |
28 |
444,770 | 444,770 | 447,770 | 444,770 | 444,770 | - | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 25 | - | |
29/58 |
173,269 | 168,539 | 150,679 | 148,285 | 92,998 | 66,876 | 88,850 | 86,506 | 131,766 | 190,745 | 70,144 | 48,400 | 77,606 | 67,056 | 98,076 | 44,412 | |
29 |
3,000 | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
3,000 | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | 1,500 | 1,500 | 3,544 | 6,593 | - | 5,078 | 21,541 | - | - | - | - | - | - | |
30/36 |
- | - | - | 1,500 | 1,500 | 3,544 | 6,593 | - | 5,078 | 21,541 | - | - | - | - | - | - | |
40/41 |
95,036 | 107,848 | 94,966 | 85,951 | 59,173 | 54,605 | 49,814 | 31,205 | 56,351 | 78,989 | 51,870 | 31,063 | 54,947 | 43,288 | 51,843 | 42,342 | |
40 |
91,666 | 104,478 | 91,596 | 57,581 | 54,277 | 49,111 | 44,320 | 27,835 | 52,310 | 59,673 | 48,474 | 24,260 | 40,577 | 27,776 | 45,547 | 40,852 | |
41 |
3,370 | 3,370 | 3,370 | 28,370 | 4,896 | 5,494 | 5,494 | 3,370 | 4,041 | 19,316 | 3,396 | 6,802 | 14,370 | 15,512 | 6,297 | 1,490 | |
54/58 |
75,233 | 57,691 | 55,714 | 60,835 | 29,307 | 7,344 | 21,875 | 55,301 | 70,337 | 90,215 | 18,274 | 17,337 | 22,659 | 19,895 | 46,233 | 2,070 | |
490/1 |
- | - | - | - | 3,018 | 1,383 | 10,568 | - | - | - | - | - | - | 3,873 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
618,653 | 615,156 | 601,528 | 593,055 | 537,768 | 118,527 | 152,283 | 108,284 | 137,829 | 193,928 | 72,945 | 50,846 | 82,032 | 72,313 | 117,026 | 72,142 | |
10/15 |
345,657 | 295,020 | 239,043 | 156,526 | 88,447 | 48,346 | 64,604 | 53,776 | 41,896 | 41,143 | 41,818 | 34,437 | 34,774 | 34,898 | 29,676 | 21,155 | |
10/11 |
21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | |
100 |
- | - | - | - | - | - | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | |
13 |
324,657 | 274,020 | 218,043 | 135,526 | 67,447 | 27,346 | 43,604 | 32,776 | 20,896 | 20,143 | 20,818 | 13,437 | 13,774 | 13,898 | 8,676 | 155 | |
130/1 |
- | - | - | - | 2,100 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | 2,100 | 155 | |
1311 |
- | - | - | - | 2,100 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
324,657 | 274,020 | 218,043 | 135,526 | 65,347 | 27,346 | 41,504 | 30,676 | 18,796 | 18,043 | 18,718 | 11,337 | 11,674 | 11,798 | 6,576 | - | |
17/49 |
272,996 | 320,136 | 362,485 | 436,529 | 449,321 | 70,180 | 87,678 | 54,508 | 95,933 | 152,785 | 31,127 | 16,409 | 47,259 | 37,415 | 87,351 | 50,987 | |
17 |
137,779 | 172,976 | 212,743 | 251,946 | 290,597 | 31,782 | 38,730 | - | - | - | - | - | - | - | 4,675 | 11,399 | |
170/4 |
137,779 | 172,976 | 212,743 | 251,946 | 290,597 | 31,782 | 38,730 | - | - | - | - | - | - | - | 4,675 | 11,399 | |
42/48 |
135,217 | 147,160 | 149,742 | 184,583 | 158,724 | 38,398 | 48,948 | 54,508 | 95,933 | 152,785 | 31,127 | 16,409 | 47,259 | 37,415 | 77,434 | 39,588 | |
42 |
35,197 | 39,767 | 39,203 | 38,650 | 38,104 | 6,948 | 6,807 | - | - | - | - | - | - | 4,675 | 6,724 | 6,520 | |
44 |
21,626 | 14,275 | 11,647 | 26,226 | 15,979 | 18,129 | 37,387 | 42,847 | 92,935 | 149,783 | 23,681 | 9,397 | 38,670 | 27,042 | 56,735 | 27,250 | |
440/4 |
21,626 | 14,275 | 11,647 | 26,226 | 15,979 | 18,129 | 37,387 | 42,847 | 92,935 | 149,783 | 23,681 | 9,397 | 38,670 | 27,042 | 56,735 | 27,250 | |
45 |
19,070 | 15,685 | 32,793 | 44,012 | 28,846 | 13,321 | 4,754 | 11,661 | 2,998 | 3,002 | 7,446 | 7,012 | 8,588 | 698 | 3,975 | 5,819 | |
450/3 |
19,070 | 15,685 | 32,793 | 43,923 | 23,330 | 10,139 | 1,450 | 11,661 | 2,998 | 3,002 | 4,936 | 2,205 | 3,049 | - | 2,014 | 3,430 | |
454/9 |
- | - | - | 89 | 5,517 | 3,182 | 3,304 | - | - | - | 2,510 | 4,808 | 5,540 | 698 | 1,961 | 2,388 | |
47/48 |
59,323 | 77,432 | 66,099 | 75,695 | 75,795 | - | - | - | - | - | - | - | - | 5,000 | 10,000 | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,241 | - | |
| Income statement | |||||||||||||||||
9900 |
97,739 | 89,797 | 125,104 | 105,619 | 74,383 | -205 | 34,243 | 25,761 | 8,633 | 4,959 | 17,988 | 41,999 | 47,111 | 35,774 | 39,028 | 16,899 | |
62 |
- | - | - | - | - | 125 | - | - | - | - | 4,072 | 36,144 | 40,604 | 4,979 | - | - | |
630 |
1,232 | 1,232 | 618 | - | 66 | 14,204 | 17,583 | 7,587 | 2,926 | 1,353 | 1,158 | 1,980 | 1,980 | 3,265 | 9,274 | 13,549 | |
640/8 |
473 | 458 | 348 | - | 14,371 | 1,179 | 1,990 | 1,423 | 1,897 | 790 | 1,164 | 1,318 | 2,611 | 9,702 | 570 | 1,341 | |
9901 |
96,034 | 88,107 | 124,139 | 105,619 | 59,945 | -15,714 | 14,671 | 16,751 | 3,810 | 2,816 | 11,595 | 2,557 | 1,916 | 17,828 | 29,185 | 2,008 | |
75/76B |
305 | 110 | - | - | - | 819 | 5 | 43 | - | 23 | 41 | 8 | 83 | 342 | - | 286 | |
75 |
305 | 110 | - | - | - | 819 | 5 | 43 | - | 23 | 41 | 8 | 83 | 342 | - | 286 | |
65/66B |
2,948 | 9,024 | 7,721 | 9,453 | 5,356 | 1,040 | 1,173 | 79 | 59 | 506 | 560 | 694 | 973 | 533 | 650 | 1,210 | |
65 |
2,948 | 9,024 | 7,721 | 9,453 | 5,356 | 1,040 | 1,173 | 79 | 59 | 506 | 560 | 694 | 973 | 533 | 650 | 1,210 | |
9903 |
93,390 | 79,194 | 116,418 | 96,166 | 54,588 | -15,936 | 13,503 | 16,715 | 3,751 | 2,333 | 11,076 | 1,870 | 1,026 | 17,637 | 28,534 | 1,085 | |
67/77 |
26,662 | 23,217 | 33,900 | 28,087 | 14,488 | 323 | 2,675 | 4,835 | 2,998 | 3,007 | 3,695 | 2,207 | 1,150 | 7,415 | 10,013 | 930 | |
9904 |
66,729 | 55,977 | 82,518 | 68,079 | 40,100 | -16,258 | 10,828 | 11,880 | 753 | -675 | 7,381 | -336 | -124 | 10,222 | 18,521 | 155 | |
9905 |
66,729 | 55,977 | 82,518 | 68,079 | 40,100 | -16,258 | 10,828 | 11,880 | 753 | -675 | 7,381 | -336 | -124 | 10,222 | 18,521 | 155 | |
| Appropriation of the result | |||||||||||||||||
9906 |
66,729 | 55,977 | 82,518 | 68,079 | 40,100 | -16,258 | 10,828 | 11,880 | 753 | -675 | 7,381 | -336 | -124 | 10,222 | 18,521 | 155 | |
791/2 |
16,092 | - | - | - | - | 16,258 | - | - | - | 675 | - | 336 | 124 | - | - | - | |
691/2 |
66,729 | 55,977 | 82,518 | 68,079 | 40,100 | - | 10,828 | 11,880 | 753 | - | 7,381 | - | - | 5,222 | 8,521 | 155 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,945 | 155 | |
6921 |
66,729 | 55,977 | 82,518 | 68,079 | 40,100 | - | 10,828 | 11,880 | 753 | - | 7,381 | - | - | 5,222 | 6,576 | - | |
694/7 |
16,092 | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 10,000 | - | |
694 |
16,092 | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 10,000 | - | |
| Social balance sheet | |||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 0.1 | 1 | 1 | 0.3 | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 100 | 1,760 | 1,760 | 250 | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 9 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 14-07-2026.
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 | abbreviated format | 14-07-2026 | 2026-00291486 | |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00283335 | |
| 31-12-2023 | micro format | 17-07-2024 | 2024-00252032 | |
| 31-12-2022 | abbreviated format | 17-07-2023 | 2023-00240190 | |
| 31-12-2021 | abbreviated format | 15-07-2022 | 2022-20197455 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38000135 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-35900234 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-33900429 | |
| 31-12-2017 | micro format | 18-07-2018 | 2018-33900342 | |
| 31-12-2016 | micro format | 19-07-2017 | 2017-32400329 | |
| 31-12-2015 | abbreviated format | 18-07-2016 | 2016-31900141 | |
| 31-12-2014 | abbreviated format | 15-07-2015 | 2015-31100023 | |
| 31-12-2013 | abbreviated format | 10-07-2014 | 2014-29700136 | |
| 31-12-2012 | abbreviated format | 21-06-2013 | 2013-19300433 | |
| 31-12-2011 | abbreviated format | 07-08-2012 | 2012-38300109 | |
| 31-12-2010 | abbreviated format | 13-07-2011 | 2011-28300380 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 97,266 | 89,339 | 124,756 | - | 60,011 | -1,510 | 32,254 | 24,338 | 6,736 | 4,169 | 12,753 | 4,537 | 3,895 | 21,093 | 38,458 | 15,558 | ||
| 67,961 | 57,209 | 83,136 | - | 40,167 | -2,054 | 28,411 | 19,467 | 3,679 | 678 | 8,538 | 1,643 | 1,855 | 13,487 | 27,795 | 13,704 | ||
| 0 | -3,000 | 6,697 | - | 444,770 | 2,473 | 59,239 | 23,301 | 4,346 | 1,735 | 1,512 | 0 | 1,149 | 4,289 | 494 | 41,279 | ||
| 17,542 | 1,977 | -5,121 | 31,527 | 21,964 | -14,532 | -33,426 | -15,036 | -19,878 | 71,941 | 936 | -5,322 | 2,764 | -26,338 | 44,163 | - | ||
| 38,052 | 21,379 | 937 | -36,298 | -65,727 | 28,477 | 39,902 | 31,999 | 35,833 | 37,960 | 39,017 | 31,991 | 30,347 | 29,641 | 20,642 | 4,824 | ||
| 55.9% | 48.0% | 39.7% | 26.4% | 16.4% | 40.8% | 42.4% | 49.7% | 30.4% | 21.2% | 57.3% | 67.7% | 42.4% | 48.3% | 25.4% | 29.3% | ||
| 1.28 | 1.15 | 1.01 | 0.80 | 0.59 | 1.74 | 1.82 | 1.59 | 1.37 | 1.25 | 2.25 | 2.95 | 1.64 | 1.79 | 1.27 | 1.12 | ||
| 1.28 | 1.15 | 1.01 | 0.80 | 0.58 | 1.65 | 1.68 | 1.59 | 1.32 | 1.11 | 2.25 | 2.95 | 1.64 | 1.79 | 1.27 | 1.12 | ||
| 0.79 | 1.09 | 1.52 | 2.79 | 5.08 | 1.45 | 1.36 | 1.01 | 2.29 | 3.71 | 0.74 | 0.48 | 1.36 | 1.07 | 2.94 | 2.41 | ||
| 19.3% | 19.0% | 34.5% | 43.5% | 45.3% | -33.6% | 16.8% | 22.1% | 1.8% | -1.6% | 17.6% | -1.0% | -0.4% | 29.3% | 62.4% | 0.7% | ||
| 10.8% | 9.1% | 13.7% | 11.5% | 7.5% | -13.7% | 7.1% | 11.0% | 0.5% | -0.3% | 10.1% | -0.7% | -0.2% | 14.1% | 15.8% | 0.2% | ||
| 32.99 | 9.90 | 16.16 | - | 11.20 | - | - | - | - | - | - | - | - | - | - | - |
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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €3,697 | - | - |
| Financial fixed assets | - | - | €3,000 | - | €444,770 |
| €1,232 | €1,232 | €618 | - | €66 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on M2Mcom
The operating result for 2025 is 9% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 52.0% to 44.1%. Equity is higher and debt is lower.