N2M
ActiveThe computed 12-month bankruptcy probability of N2M is 2.7% (moderate). The 2025 annual accounts show equity of €69k and a net result of €48k. Its solvency ranks better than 67% of 4478 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+76
Solvency69▼-4
Growth78
Stability82
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.96 in 2024), and 43.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.6%
Return on assets
39.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
25 d late
2024
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▲ 227%
2024 · €21k
2024: €21k
2024 → 2025
Total assets
€121k▲ 205%
2024 · €40k
2024: €40k
2024 → 2025
Net result
€48k▲ 4,713%
2024 · €989
2024: €989
2024 → 2025
Working capital
€-15k▼ 2,000%
2024 · €-700
2024: €-700
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€21k-€69k▲ 227%
Operating result€1k-€49k▲ 3,931%
Net result€989-€48k▲ 4,713%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 3,931% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€84k▲ 288%
Current assets
€37k▲ 104%
Equity and liabilities €121k
Equity
€69k▲ 227%
Debt
€53k▲ 180%
The debt ratio falls from 47.2% to 43.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€59k▲
2024 · €5k
Cash flow
€58k▲
2024 · €4k
Solvency
56.6%▲
2024 · 52.8%
Current ratio
0.72▼
2024 · 0.96
Quick ratio
0.72▼
2024 · 0.96
Debt / equity
0.77▼
2024 · 0.89
ROE
69.4%▲
2024 · 4.7%
ROA
39.3%▲
2024 · 2.5%
Interest coverage
59.77▲
2024 · 20.44
Debt
€53k▲
2024 · €19k
Debt ≤ 1 year
€52k▲
2024 · €19k
Income taxes
€209
Staff costs
€107k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€40k€121k▲
Fixed assets21/28€22k€84k▲
Tangible fixed assets22/27€22k€84k▲
Furniture and vehicles24€22k€84k▲
Current assets29/58€18k€37k▲
Amounts receivable within one year40/41€7k€10k▲
Trade receivables40€5k€8k▲
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€11k€27k▲
Equity and liabilities
Total equity and liabilities10/49€40k€121k▲
Equity10/15€21k€69k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€989€49k▲
Amounts payable17/49€19k€53k▲
Amounts payable within one year42/48€19k€52k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€9k€30k▲
Taxes450/3€6k€21k▲
Remuneration and social security454/9€3k€9k▲
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€898
Income statement
Code20242025
Remuneration, social security and pensions62€20k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€3k€481▼
Gross operating margin9900€27k€166k▲
Operating profit (loss)9901€1k€49k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€221€982▲
Recurring financial charges65€221€982▲
Profit (loss) for the period before taxes9903€989€48k▲
Income taxes67/77-€209
Profit (loss) for the period9904€989€48k▲
Profit (loss) for the period to be appropriated9905€989€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€989€49k▲
Profit (loss) brought forward from the previous period14P-€989
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
NBB filing
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, Turnhout · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duinenstraat 652300 TurnhoutGround area
272 m²
Building footprint
110 m²
Volume, LiDAR
798 m³
Parcel 13453O0421/00M003, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
N2M
since 20242.358.558.463
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0421/00M003 | Flanders | 272 m² | 1 · 110 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VLOEBERGHS
BE 0476.823.195
Kontich · Eq €69k
SKYWAY LOGISTICS
BE 0887.380.051
Jodoigne · Eq €69k
BENKAM GROUP
BE 0777.828.845
Kampenhout · Eq €68k
CARGUS COMPANY
BE 0473.719.294
Braine-l'Alleud · Eq €68k
VAN NICOLAS TRANSPORT
BE 0781.919.275
Sint-Pieters-Leeuw · Eq €68k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 6,098 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2023
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
50200Water transport
50400Inland freight water transport
52210Service activities incidental to land transportation
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.