Debts
€87,542 77% of the balance sheet
M2W
Lifetime
1 annual account with figurespeak -€3,513 (2025)
-€3,513
lowest -€3,942 (2025)
-€3,942
peak €26,059 (2025)
€26,059
€87,542
Board2 names since 2025
2 directorsLAMARTINE SABIDO MONTEIRO Raquel and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €3,942Incorporation 03-071 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€30,000 100 shares
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
69
Healthy
Financially stronger than 28% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2026: 0.6%highest value
09-2026: 0.5%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2025
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €113,601
Calculation
The band follows from the bankruptcy probability. 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). It does better than 43% of them on solvency, 17% on liquidity and 25% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 173 companies had the same profile as M2W has now. Each dot is one company, two years later.
94.2%
were still trading
2.3%
stopped another way
2.9%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of M2W itself is lower: 0.6% within 12 months. It rests on far more data about M2W than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 173 companies, not a prediction for M2W. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3, below the usual 1.5. Short-term debt is 77.1% and cash 11.1% of total assets. 77.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MAZZEO CICCHETTI Luciano 50 sharesdeed of 03-07-2025
- LAMARTINE SABIDO MONTEIRO Raquel 50 sharesdeed of 03-07-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024983459
First establishment
Rue Duc d'Arenberg 71, Rebecq
Incorporation
Founding capital of €30,000, 100 shares · Founders: MAZZEO CICCHETTI Luciano and LAMARTINE SABIDO MONTEIRO Raquel · Appointments: MAZZEO CICCHETTI Luciano (director) and LAMARTINE SABIDO MONTEIRO Raquel (director) · published on 03-07-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M2W Rebecq | €113,601 | -€3,513 | 22.9% | - |
| M'AS-TU-VU INVEST Knokke-Heist | €104,382 | -€8,352 | 86.5% | - |
| V.P.F Invest Merbes-le-Château | €102,138 | €431 | -15.7% | - |
| LGMC IMMO Ham-sur-Heure-Nalinnes | €141,754 | -€10,225 | -13.9% | - |
| GIACORENO Eghezée | €111,081 | -€9,320 | 3.1% | - |
| LCGS Spa | €82,190 | -€48,702 | 66.3% | - |
| MG STONE Enghien | €149,759 | -€8,188 | 30.4% | - |
These companies have the same main activity as M2W: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €82,200 and €150,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 01-07-2025Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 4 others
- Establishment unit
- 2.378.627.0701430 Rebecq, since 01-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2026
Insights on M2W
M2W has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,059 and a net result of -€3,942.
Its solvency ranks better than 45% of 17,199 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M2W
- What is the company number of M2W?
- The company number of M2W is 1024.983.459. The VAT number is the same number with BE in front: BE 1024.983.459.
- Where is M2W based?
- The registered office is at Rue Duc d'Arenberg 71, 1430 Rebecq.Company details
- What does M2W do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of M2W?
- M2W is a private limited company (BV).
- When was M2W founded?
- M2W was founded on 01-07-2025.
- Is M2W still active?
- Yes, M2W is an active enterprise in the KBO register.
- What is the turnover of M2W?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is M2W profitable?
- In financial year 2025, M2W made a loss of €3,942.
- Where can I find the annual accounts of M2W?
- M2W filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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