M54
ActiveSummary
M54 has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€404,095) and a net result of €23,451. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 5% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial
Highest result from 2018 to 2025net €23,451 ▲17.7%
Operating result €23,757, net result €23,451, both a record.
31-12
Financial
Liquidity more than 18 timescurrent ratio 96.61
Current ratio from 5.12 to 96.61; short-term debt falls from €21,322 to €1,160.
17-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
08-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
19-06
Gazette deed
Amendment of the articlesCapital conversion · Power of attorney6 facts ▸
Gazette deed
Amendment of the articles
Capital conversion · Power of attorney6 facts ▸
- General meeting, 11-06-2024
- Capital conversion, “rectification et constatation, article 39,§2,deuxième alinéa de la loi du 23 mars introduisant le Code des sociétés et des associations et portant des dispositi…” (deed in French)
- Other provision, “conversion en comptes disponibles et réduction à zéro par dispense de libération, immédiatement” (deed in French)
- Amendment of the articles, “Article 6” (deed in French)
- Power of attorney, Patrick LINKER
- Power of attorney
2023
31-12
Financial
Liquidity more than quadruplescurrent ratio 65.27
Current ratio from 13.54 to 65.27; short-term debt falls from €5,674 to €1,435.
05-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Liquidity more than quadruplescurrent ratio 13.54
Current ratio from 3.20 to 13.54; short-term debt falls from €13,614 to €5,674.
08-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Liquidity more than quadruplescurrent ratio 3.20
Current ratio from 0.70 to 3.20; short-term debt falls from €22,801 to €13,614.
15-07
NBB filing
Annual accounts filed
financial year 2020 · micro format
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €6,654 ▼42%
Net result drops to €6,654, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
financial year 2019 · micro format · 53 days late
2019
03-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
12-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
02-06
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 25 annual accounts filed, the latest 10 are here; all 25 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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