M2V

Active Private limited companyfounded 2006active for 20 yearsCalonnegracht 21, 8630 VeurneKBO/BCE: BE 0883.162.135

M2V

Financial year 2025

Follow Report Compare

Annual accounts 2025

abbreviated format, filed on 09-02-2026, 9 days late

€235,027

▲ 21.5%

€39,876

▲ €50,976

-€2,940

▲ €55,826

-€321,876

▲ €37,071

27.3%

▼ 0.4 percentage points

0.20

▼ 0.03

Turnover 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 ≈ €470,000. Estimated: probably between €360,000 and €710,000.

Balance sheet

balance sheet total €2.3m on 30-06-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

27.3%

Higher than 30% of 2,566 companies in 2025.

0.20

Lower than 95% of 2,522 companies in 2025.

-0.1%

Higher than 22% of 2,543 companies in 2025.

M2V Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: middle half

Staff

€67,346

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2025: 360.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	2.3m	2.3m	2.5m	2.4m	2.4m	2.2m	2.1m	1.9m	1.6m	1.2m	1.1m	1.1m	524,526	571,284	687,148	682,278	599,593	406,495	94,927
`21/28`	2.2m	2.2m	2.2m	2.2m	2.2m	2.1m	2.0m	1.7m	1.5m	1.1m	939,784	825,194	441,715	454,206	608,329	597,795	558,206	367,835	51,417
`21`	-	-	-	-	-	-	-	-	-	4	54	104	154	204	254	304	354	404	454
`22/27`	2.2m	2.2m	2.2m	2.2m	2.2m	2.1m	2.0m	1.7m	1.5m	1.1m	939,729	825,089	440,311	454,002	608,075	597,491	557,852	367,431	50,963
`22`	2.1m	2.1m	2.1m	2.1m	2.2m	2.1m	2.0m	1.7m	1.4m	1.0m	893,434	796,994	406,618	410,912	583,263	572,909	529,198	329,434	-
`23`	57,057	58,313	43,801	49,796	35,888	17,796	22,675	26,795	23,859	30,577	33,192	16,091	17,814	18,691	19,848	13,318	7,038	6,239	8,330
`24`	75,007	14,936	8,528	2,424	3,636	4,848	5,224	10,448	16,895	26,675	12,450	11,351	15,226	23,746	4,311	11,263	21,615	31,758	42,633
`25`	7,038	12,036	17,034	22,032	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	653	653	653	653	653	653	653	653	653	653	653	653	653	653	653	-	-	-	-
`28`	725	725	5,000	-	-	-	-	-	-	-	-	-	1,250	-	-	-	-	-	-
`29/58`	79,308	103,627	256,493	176,390	126,482	105,694	67,683	162,241	177,470	144,025	185,841	248,679	82,811	117,078	78,818	84,482	41,387	38,661	43,510
`3`	7,468	6,210	4,258	3,355	3,457	3,626	3,250	2,758	-	-	-	-	-	-	-	-	-	-	-
`30/36`	7,468	6,210	4,258	3,355	3,457	3,626	3,250	2,758	-	-	-	-	-	-	-	-	-	-	-
`40/41`	22,292	53,720	144,029	151,051	108,644	70,856	33,046	96,429	108,088	68,784	80,439	84,631	62,188	69,949	71,954	77,703	25,026	12,844	14,739
`40`	20,453	43,230	36,725	37,326	38,847	23,075	19,965	54,591	79,597	30,094	77,649	84,566	58,080	69,948	71,927	77,253	24,200	11,118	13,031
`41`	1,839	10,491	107,304	113,725	69,797	47,781	13,081	41,837	28,490	38,690	2,790	65	4,108	1	27	450	826	1,726	1,708
`54/58`	42,196	36,980	101,304	16,611	7,687	20,854	24,691	55,724	63,339	68,943	100,728	160,374	20,623	47,129	6,864	6,779	16,361	25,817	28,770
`490/1`	7,351	6,717	6,902	5,373	6,694	10,357	6,696	7,331	6,043	6,298	4,674	3,674	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	2.3m	2.3m	2.5m	2.4m	2.4m	2.2m	2.1m	1.9m	1.6m	1.2m	1.1m	1.1m	524,526	571,284	687,148	682,278	599,593	406,495	94,927
`10/15`	636,624	639,564	698,331	601,552	539,118	504,063	461,070	466,678	455,147	400,968	347,990	289,425	229,661	164,235	89,140	81,359	62,929	39,803	30,259
`10/11`	18,600	18,600	18,600	18,600	18,600	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400	12,400
`11`	-	-	-	-	-	18,600	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	18,600	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	618,024	620,964	679,731	582,952	520,518	485,463	442,470	448,078	436,547	382,368	329,390	270,825	211,061	145,635	70,540	62,759	44,329	33,603	24,059
`130/1`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	154,149	154,951	155,753	129,302	129,302	129,302	129,302	129,302	129,302	110,552	91,802	73,052	54,302	35,552	16,802	16,802	16,802	16,802	12,029
`133`	463,874	466,013	522,117	451,790	389,356	354,301	311,308	316,917	305,386	269,956	235,728	195,914	154,900	108,224	51,878	44,097	25,668	14,942	10,169
`16`	8,283	8,550	8,817	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`168`	8,283	8,550	8,817	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	1.7m	1.7m	1.8m	1.8m	1.8m	1.7m	1.6m	1.4m	1.2m	840,883	777,635	784,447	294,865	407,049	598,008	600,919	536,663	366,692	64,668
`17`	1.3m	1.2m	1.2m	1.2m	487,172	545,393	534,297	365,035	124,222	75,512	73,160	83,387	93,165	102,513	111,450	368,047	362,452	206,618	37,024
`170/4`	571,105	537,195	566,560	458,200	487,172	545,393	534,297	365,035	124,222	75,512	73,160	83,387	93,165	102,513	111,450	368,047	362,452	206,618	37,024
`178/9`	711,871	656,967	647,229	727,933	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	401,184	462,574	545,598	604,562	1.3m	1.2m	1.1m	1.0m	1.1m	764,671	704,475	701,060	201,700	304,536	486,558	232,872	174,211	160,074	27,644
`42`	73,996	66,710	66,890	50,853	60,732	50,950	54,677	42,629	18,913	514,242	534,027	475,139	31,848	121,294	20,882	42,761	36,532	30,031	14,552
`43`	298,133	363,200	428,267	493,333	558,400	623,467	688,533	753,600	818,667	-	-	-	-	-	280,000	-	-	-	-
`430/8`	298,133	363,200	428,267	493,333	558,400	623,467	688,533	753,600	818,667	-	-	-	-	-	280,000	-	-	-	-
`44`	5,687	16,815	16,959	25,035	4,172	5,433	6,170	25,603	12,216	19,198	3,331	24,316	1,024	3,844	24,963	1,180	3	64,630	7,120
`440/4`	5,687	16,815	16,959	25,035	4,172	5,433	6,170	25,603	12,216	19,198	3,331	24,316	1,024	3,844	24,963	1,180	3	64,630	7,120
`45`	19,113	11,595	29,677	30,412	14,417	25,902	23,914	9,567	45,460	24,509	16,145	45,777	9,931	13,547	6,981	8,282	14,725	4,796	1,378
`450/3`	12,352	7,526	28,628	28,799	12,593	24,888	22,928	3,787	37,466	14,754	10,472	38,248	2,813	6,450	4,681	8,282	14,725	4,796	1,378
`454/9`	6,762	4,069	1,049	1,614	1,824	1,014	985	5,780	7,994	9,755	5,673	7,529	7,118	7,097	2,301	-	-	-	-
`47/48`	4,254	4,254	3,804	4,929	698,912	477,345	340,857	218,014	165,170	206,722	150,972	155,828	158,897	165,852	153,731	180,649	122,950	60,617	4,594
`492/3`	-	-	575	1,000	-	5	1,001	629	700	700	-	-	-	-	-	-	-	-	-
Income statement
`76A`	-	-	108,185	-	-	421	-	-	498	-	-	-	3,750	21,309	-	-	4,000	-	1,033
`9900`	235,027	193,446	301,469	211,401	182,677	140,523	168,940	214,666	275,589	231,541	237,414	208,544	190,091	197,995	99,789	101,998	105,160	83,722	70,137
`62`	67,346	44,442	14,450	14,011	13,953	14,020	26,836	54,285	49,335	58,536	53,183	46,410	42,993	49,893	9,164	-	-	-	-
`630`	114,915	95,843	107,695	85,499	74,366	71,646	78,454	90,166	102,606	52,018	51,713	30,739	15,000	18,852	21,056	23,576	43,338	36,638	17,284
`640/8`	12,890	64,260	10,818	15,994	12,370	9,643	11,593	5,913	6,950	2,950	2,786	2,845	4,165	4,366	5,201	2,680	1,142	1,841	3,380
`66A`	-	-	-	-	2,572	-	-	-	-	509	236	-	-	-	-	-	-	-	-
`9901`	39,876	-11,100	168,506	95,897	79,416	45,213	52,058	64,301	116,697	118,038	129,732	128,550	127,933	124,884	64,369	75,741	60,680	45,243	49,473
`75/76B`	6	18	219	0	7	16,895	3	196	1	26	352	55	54	50	104	38	35	66	616
`75`	6	18	219	0	7	16,895	3	196	1	26	352	55	54	50	104	38	35	66	616
`65/66B`	43,089	47,952	22,212	13,655	15,596	18,522	57,228	26,245	20,193	19,760	21,485	17,646	13,232	17,295	46,543	21,998	22,472	12,402	1,250
`65`	43,089	47,952	22,212	13,655	15,596	18,522	29,573	26,245	20,193	19,760	21,485	17,646	13,232	17,295	46,543	21,998	22,472	12,402	1,250
`66B`	-	-	-	-	-	-	27,655	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	-3,207	-59,034	146,513	82,242	63,827	43,587	-5,168	38,252	96,505	97,794	108,364	110,959	118,505	128,949	17,930	53,782	42,243	32,907	49,872
`780`	267	267	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`680`	-	-	8,820	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	-	-	18,217	19,808	13,772	594	441	4,221	19,826	22,316	27,299	28,695	30,579	31,353	10,149	15,353	11,517	3,363	5,813
`9904`	-2,940	-58,767	119,478	62,434	50,055	42,993	-5,609	34,031	76,679	75,478	81,064	82,264	87,926	97,595	7,781	38,430	30,726	29,544	44,059
`789`	802	802	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	26,460	-	-	-	-	-	18,750	18,750	18,750	18,750	18,750	18,750	-	-	-	4,772	12,029
`9905`	-2,138	-57,965	93,027	62,434	50,055	42,993	-5,609	34,031	57,929	56,728	62,314	63,514	69,176	78,845	7,781	38,430	30,726	24,772	32,029
Appropriation of the result
`9906`	-2,138	-57,965	93,027	62,434	50,055	42,993	-5,609	34,031	57,929	56,728	62,314	63,514	69,176	78,845	7,781	38,430	30,726	24,772	32,029
`791/2`	2,138	57,965	-	-	-	-	5,609	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	70,327	62,434	35,055	42,993	-	11,531	35,429	34,228	39,814	41,014	46,676	56,345	7,781	18,430	10,726	4,772	12,029
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	-	70,327	62,434	35,055	42,993	-	11,531	35,429	34,228	39,814	41,014	46,676	56,345	7,781	18,430	10,726	4,772	10,169
`694/7`	-	-	22,700	-	15,000	-	-	22,500	22,500	22,500	22,500	22,500	22,500	22,500	-	20,000	20,000	20,000	20,000
`695`	-	-	22,700	-	15,000	-	-	22,500	22,500	22,500	22,500	22,500	22,500	22,500	-	20,000	20,000	20,000	20,000
Social balance sheet
`9087`	1	0.8	4	0.4	0.4	0.4	0.6	1.2	1.2	1.4	1.1	1	1	1.2	0.2	-	-	-	-
Hours worked`1013`	1,764	1,385	732	728	704	-	992	2,108	2,128	2,653	2,014	1,626	1,535	2,128	228	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 09-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 9 days after the deadline. Filed on 9 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00036611.

Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	09-02-2026	2026-00036611	PDF
30-06-2024	abbreviated format	08-01-2025	2025-00002375	PDF
30-06-2023	abbreviated format	31-01-2024	2024-00015139	PDF
30-06-2022	abbreviated format	20-01-2023	2023-00002137	PDF
30-06-2021	abbreviated format	28-01-2022	2022-02600360	PDF
30-06-2020	abbreviated format	29-01-2021	2021-03600092	PDF
30-06-2019	micro format	14-01-2020	2020-01200224	PDF
30-06-2018	abbreviated format	28-01-2019	2019-02700388	PDF
30-06-2017	micro format	17-01-2018	2018-01700174	PDF
30-06-2016	abbreviated format	07-02-2017	2017-04100170	PDF
30-06-2015	abbreviated format	25-01-2016	2016-02600296	PDF
30-06-2014	abbreviated format	17-01-2015	2015-01900302	PDF
30-06-2013	abbreviated format	03-02-2014	2014-02600039	PDF
30-06-2012	abbreviated format	18-01-2013	2013-01100187	PDF
30-06-2011	abbreviated format	23-12-2011	2011-65400400	PDF
30-06-2010	abbreviated format	28-02-2011	2011-05200081	PDF
30-06-2009	abbreviated format	14-01-2010	2010-01500348	PDF
30-06-2008	abbreviated format	15-01-2009	2009-01200108	PDF
30-06-2007	abbreviated format	28-01-2008	2008-02500013	PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €3,002 awarded, €3,002 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller

€2,084

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€918

Year	Entries	Awarded	Paid
2025	2	€2,327	€2,327
2024	1	€108	€108
2022	1	€567	€567

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
154,791	84,743	276,201	181,396	153,782	116,860	130,512	154,468	219,303	170,056	181,445	159,289	142,934	143,736	85,425	99,318	104,018	81,881	66,757
111,975	37,076	227,173	147,933	124,421	114,639	72,846	124,198	179,285	127,496	132,777	113,003	102,927	116,447	28,837	62,006	74,064	66,182	61,343
163,451	131,666	227,269	65,916	217,401	159,252	401,778	346,656	470,612	211,931	168,403	415,468	2,509	45,552	31,590	63,166	233,709	353,055	68,701
5,216	-64,324	84,693	8,923	-13,167	-3,836	-31,033	-7,616	-5,604	-31,784	-59,646	139,750	-26,506	40,265	85	-9,582	-9,456	-2,954	-
-321,876	-358,947	-289,105	-428,172	-1.2m	-1.1m	-1.0m	-887,171	-882,955	-620,646	-518,633	-452,381	-118,889	-187,458	-407,739	-148,389	-132,824	-121,414	15,866
27.3%	27.7%	28.3%	25.1%	22.8%	22.6%	21.8%	24.8%	27.7%	32.3%	30.9%	27.0%	43.8%	28.7%	13.0%	11.9%	10.5%	9.8%	31.9%
0.20	0.22	0.47	0.29	0.09	0.09	0.06	0.15	0.17	0.19	0.26	0.35	0.41	0.38	0.16	0.36	0.24	0.24	1.57
0.18	0.21	0.46	0.29	0.09	0.09	0.06	0.15	0.17	0.19	0.26	0.35	0.41	0.38	0.16	0.36	0.24	0.24	1.57
2.65	2.59	2.52	2.98	3.38	3.43	3.58	3.03	2.60	2.10	2.23	2.71	1.28	2.48	6.71	7.39	8.53	9.21	2.14
-0.5%	-9.2%	17.1%	10.4%	9.3%	8.5%	-1.2%	7.3%	16.8%	18.8%	23.3%	28.4%	38.3%	59.4%	8.7%	47.2%	48.8%	74.2%	145.6%
-0.1%	-2.5%	4.8%	2.6%	2.1%	1.9%	-0.3%	1.8%	4.7%	6.1%	7.2%	7.7%	16.8%	17.1%	1.1%	5.6%	5.1%	7.3%	46.4%
3.59	1.77	12.43	13.28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	2	2	1	1
part-time	2	2	1	1
in full-time equivalents	1	1	0.4	0.4
	1	0.8	0.4	0.4
On a permanent contract	2	2	1	1
Joined	-	1	-	-
Left	-	0	-	-
Training hours	360	-	-	-

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€163,451	€130,941	€222,269	€65,916
Financial fixed assets	-	€725	€5,000	-
	€114,915	€95,843	€107,695	€85,499

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on M2V

The operating result for 2025 is a profit of €39,876, after a loss of €11,100 in 2024.

Debt's share of the balance-sheet total rises from 71.9% to 72.3%. Equity is lower and debt is higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency27.3%

Current ratio0.20

Return on assets-0.1%

Staff

Staff cost per FTE€67,346

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €3,002 awarded, €3,002 paid

Key figures and ratios

Social balance sheet

Investments

Insights on M2V

Next steps

in euro

in euro

27.3%

0.20

-0.1%

€67,346