M7N
ActiveSummary
For M7N, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €20,544 and a net result of €1,304. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 77% of 13850 sector peers (fiscal year 2021). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability76▼-7
Solvency100=
Growth75▼-4
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
81%
Return on assets
5.1%
Age of the figures
57 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-03-2023, 243 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
243 d late
2020
608 d late
2019
973 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 608 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Turnover
€34,255▲ 3.9%
2020 · €32,969
EBIT margin
12.3%▼ 1.3pp
2020 · 13.6%
Net result
€1,304▼ 56.8%
2020 · €3,019
Working capital
€20,698▲ 10.4%
2020 · €18,754
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€25,026-€33,694▲ 34.6%€32,969▼ 2.2%€34,255▲ 3.9%
Operating result€10,887-€10,691▼ 1.8%€4,469▼ 58.2%€4,204▼ 5.9%
Net result€663-€10,007▲ 1,410%€3,019below the sector's middle half▼ 69.8%€1,304below the sector's middle half▼ 56.8%
EBIT margin43.5%-31.7%▼ 11.8pp13.6%▼ 18.2pp12.3%▼ 1.3pp
Equity€6,214-€16,221▲ 161%€19,240below the sector's middle half▲ 18.6%€20,544below the sector's middle half▲ 6.8%
Total assets€17,836-€22,944▲ 28.6%€24,673below the sector's middle half▲ 7.5%€25,351below the sector's middle half▲ 2.7%
Debt€11,621-€6,723▼ 42.2%€5,433▼ 19.2%€4,807▼ 11.5%
Working capital€12,280-€16,375▲ 33.3%€18,754▲ 14.5%€20,698▲ 10.4%
Solvency34.8%-70.7%▲ 35.9pp78.0%within the sector's middle half▲ 7.3pp81.0%above the sector's middle half▲ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2021 is 6% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €25,351
Fixed assets
€363 ▼ 63.8%
Current assets
€24,988 ▲ 5.6%
Equity and liabilities €25,351
Equity
€20,544 ▲ 6.8%
Debt
€4,807 ▼ 11.5%
Debt's share of the balance-sheet total falls from 22.0% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,844▼
2020 · €5,109
Cash flow
€1,944▼
2020 · €3,659
Current ratio
5.82▲
2020 · 4.81
Debt to equity
0.23▼
2020 · 0.28
ROE
6.3%▼
2020 · 15.7%
ROA
5.1%▼
2020 · 12.2%
Interest coverage
59.07▲
2020 · 30.23
Debt ≤ 1 year
€4,290▼
2020 · €4,916
Debt > 1 year
€517=
2020 · €517
Income taxes
€2,818▲
2020 · €1,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €25,026 | €33,694 | €32,969 | €34,255 | ▲ 3.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €18,920 | €27,860 | €29,411 | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,031 | €4,083 | €640 | €640 | = |
| Gross operating margin9900 | €14,324 | €14,774 | €5,109 | €4,844 | ▼ 5.2% |
| Operating profit (loss)9901 | €10,887 | €10,691 | €4,469 | €4,204 | ▼ 5.9% |
| Financial charges65/66B | - | €187 | €169 | €82 | ▼ 51.5% |
| Recurring financial charges65 | €224 | €187 | €169 | €82 | ▼ 51.5% |
| Profit (loss) for the period before taxes9903 | €663 | €10,504 | €4,300 | €4,122 | ▼ 4.1% |
| Income taxes67/77 | - | €497 | €1,281 | €2,818 | ▲ 120% |
| Profit (loss) for the period9904 | €663 | €10,007 | €3,019 | €1,304 | ▼ 56.8% |
| Profit (loss) for the period to be appropriated9905 | €663 | €10,007 | €3,019 | €1,304 | ▼ 56.8% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €17,836 | €22,944 | €24,673 | €25,351 | ▲ 2.7% |
| Fixed assets21/28 | €4,445 | €363 | €1,003 | €363 | ▼ 63.8% |
| Intangible fixed assets21 | €2,429 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1,654 | - | €640 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €640 | €0 | ▼ 100% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €13,390 | €22,581 | €23,670 | €24,988 | ▲ 5.6% |
| Amounts receivable within one year40/41 | €3,305 | €5,092 | €1,041 | €3,974 | ▲ 282% |
| Trade receivables40 | - | €5,092 | €1,041 | €3,974 | ▲ 282% |
| Current investments50/53 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €86 | €7,489 | €12,629 | €11,014 | ▼ 12.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €17,836 | €22,944 | €24,673 | €25,351 | ▲ 2.7% |
| Equity10/15 | €6,214 | €16,221 | €19,240 | €20,544 | ▲ 6.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,145 | €1,145 | €1,145 | €1,145 | = |
| Non-distributable reserves130/1 | - | €1,145 | €1,145 | €1,145 | = |
| Legal reserve130 | - | €1,145 | €1,145 | €1,145 | = |
| Profit (loss) carried forward14 | -€13,531 | -€3,524 | -€505 | €799 | ▲ 258% |
| Amounts payable17/49 | €11,621 | €6,723 | €5,433 | €4,807 | ▼ 11.5% |
| Amounts payable after more than one year17 | €10,511 | €517 | €517 | €517 | = |
| Financial debts170/4 | - | €517 | €517 | €517 | = |
| Amounts payable within one year42/48 | €1,111 | €6,206 | €4,916 | €4,290 | ▼ 12.7% |
| Trade debts44 | €988 | €4,481 | €4,069 | €3,215 | ▼ 21.0% |
| Suppliers440/4 | - | €4,481 | €4,069 | €3,215 | ▼ 21.0% |
| Taxes, remuneration and social security45 | - | €1,725 | €847 | €1,075 | ▲ 26.9% |
| Taxes450/3 | - | €1,725 | €847 | €1,075 | ▲ 26.9% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €663 | €10,007 | €3,019 | €1,304 | ▼ 56.8% |
| + Depreciation and write-downs630 | €3,031 | €4,083 | €640 | €640 | = |
| Operating cash flow (approximation) | €3,694 | €14,090 | €3,659 | €1,944 | ▼ 46.9% |
| Investment in fixed assets (approximation) | - | -€1 | -€1,280 | €0 | ▲ 100% |
| Change in cash | - | €7,403 | €5,140 | -€1,615 | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 243 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 608 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 973 days late
2019
31-12
Financial
Highest result since 2018net €10,007 ▲1,410%
Net result €10,007, the highest in the series.
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 120 days late
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 484 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 50 days late
2016
16-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 47 days late
2015
17-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
21-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 113 days late
2013
27-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Steenokkerzeel · 1 establishment unit since 2007
Ground area
328 m²
Building footprint
96 m²
Volume, LiDAR
652 m³
Parcel 23051C0091/00Y000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M7N
since 20072.162.378.933
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23051C0091/00Y000 | Flanders | 328 m² | 1 · 96 m² | 9.9 m · 2 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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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 13,079 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
69209Other tax advisory services
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.