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M2xpert

Active
Private limited companyfounded 20241 yr activeBoulevard des Archers 51, 1400 Nivelles, BelgiumKBO/BCE: BE 1014.821.720
Summary

M2xpert has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,326 and a net result of €38,221. Its solvency ranks better than 36% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

What they do
Other technical testing and analysis
NACE 71209
1 site
How big
€84,053total assets 2025
Equity
€32,326
Profit
€38,221
Turnover not published (abridged schema)
Financially healthy?
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Accounts 83 d early0 of 1 deed read
Why 85- Young company- Higher-failure-rate region+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes
Profitability100
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.53; short-term debt: 21.5% and cash: 39.1% of total assets), but 61.5% of the assets are financed with debt.
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Signals

Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38.5%
Return on assets
45.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 09-05-2026, 83 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
83 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Financials

Fiscal year 2025Total assets €84,053Profit €38,221Solvency 38.5%Liquidity 2.53
Total assets
€84,053
2025
Net result
€38,221
2025
Equity
€32,326
2025
Solvency
38.5%
2025

Financials · fiscal year 2025, micro schema

Trend over the years1 fiscal year

Turnover and EBIT margin not published: the micro schema does not require them.

Result and balance sheet2025
Balance-sheet composition
Assets €84,053
Fixed assets €38,302
Current assets €45,751
Equity and liabilities €84,053
Equity €32,326
Debt €51,727
Debt finances 61.5% of the balance-sheet total.
Key figures and ratios2025
Key figures and ratios
2025 value
EBITDA
€63,369
Cash flow
€50,522
Current ratio
2.53
Debt to equity
1.60
ROE
118.2%
ROA
45.5%
Interest coverage
35.20
Debt ≤ 1 year
€18,074
Debt > 1 year
€33,652
Income taxes
€11,055
Staff costs
€624

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€84,053
Fixed assets21/28€38,302
Tangible fixed assets22/27€38,302
Furniture and vehicles24€38,302
Current assets29/58€45,751
Amounts receivable within one year40/41€12,899
Trade receivables40€12,899
Cash at bank and in hand54/58€32,852
Equity and liabilities
Total equity and liabilities10/49€84,053
Equity10/15€32,326
Contributions10/11€1,250
Profit (loss) carried forward14€31,076
Amounts payable17/49€51,727
Amounts payable after more than one year17€33,652
Financial debts170/4€33,652
Amounts payable within one year42/48€18,074
Current portion of amounts payable after more than one year42€4,725
Trade debts44€217
Suppliers440/4€217
Taxes, remuneration and social security45€2,756
Taxes450/3€55
Remuneration and social security454/9€2,701
Other amounts payable47/48€10,376
Income statement Code2025
Remuneration, social security and pensions62€624
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,301
Non-recurring operating charges66A€4,594
Gross operating margin9900€68,587
Operating profit (loss)9901€51,069
Financial income75/76B€7
Recurring financial income75€7
Non-recurring financial income76B€7
Financial charges65/66B€1,800
Recurring financial charges65€1,800
Non-recurring financial charges66B€1,800
Profit (loss) for the period before taxes9903€49,276
Income taxes67/77€11,055
Profit (loss) for the period9904€38,221
Profit (loss) for the period to be appropriated9905€38,221
Appropriation of the result
Profit (loss) to be appropriated9906€38,221
Profit to be distributed694/7€7,145
Return on contributions (dividend)694€7,145

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€624
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,301
Non-recurring operating charges66A€4,594
Gross operating margin9900€68,587
Operating profit (loss)9901€51,069
Financial income75/76B€7
Recurring financial income75€7
Non-recurring financial income76B€7
Financial charges65/66B€1,800
Recurring financial charges65€1,800
Non-recurring financial charges66B€1,800
Profit (loss) for the period before taxes9903€49,276
Income taxes67/77€11,055
Profit (loss) for the period9904€38,221
Profit (loss) for the period to be appropriated9905€38,221
Line2025
Assets
Total assets20/58€84,053
Fixed assets21/28€38,302
Tangible fixed assets22/27€38,302
Furniture and vehicles24€38,302
Current assets29/58€45,751
Amounts receivable within one year40/41€12,899
Trade receivables40€12,899
Cash at bank and in hand54/58€32,852
Equity and liabilities
Total equity and liabilities10/49€84,053
Equity10/15€32,326
Contributions10/11€1,250
Profit (loss) carried forward14€31,076
Amounts payable17/49€51,727
Amounts payable after more than one year17€33,652
Financial debts170/4€33,652
Amounts payable within one year42/48€18,074
Current portion of amounts payable after more than one year42€4,725
Trade debts44€217
Suppliers440/4€217
Taxes, remuneration and social security45€2,756
Taxes450/3€55
Remuneration and social security454/9€2,701
Other amounts payable47/48€10,376
Line2025
Profit (loss) for the period9904€38,221
+ Depreciation and write-downs630€12,301
Operating cash flow (approximation)€50,522

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Timeline

1 eventLatest 09-05-2026

History

On 8 October 2024, M2xpert was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
09-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 08-10-2024Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded08-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
63920Other information service activities
68110Buying and selling of own real estate
85510Sports and recreation education
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014821720
Registered 05-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
138 m²
Building footprint
52 m²
Volume, LiDAR
631 m³
Parcel 25072B0232/00F002, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M2xpert
Boulevard des Archers 51, 1400 NivellesComputing infrastructure, data processing, hosting and other information service activities
since 2024unit no. 2.365.462.190
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25072B0232/00F002 Wallonia 138 m² 1 · 52 m² 14.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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