ACTIVE

M2 Consultancy

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Financial year 2025 · closed on 31/12/2025

Net result

40,9 k €

+70.2% YoY

Gross margin

69,4 k €

+64.6% YoY

Equity

100,2 k €

+64.6% YoY

What does M2 Consultancy do?

M2 Consultancy is a Private limited company incorporated in 1994. Its main activity is: Retail sale of beverages in specialised stores. Its registered office is in Temse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.649.303

Incorporation

24/10/1994

Legal form

Private limited company

Registered office

Gelaagstraat 158
9140 Temse · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

47252Retail sale of beverages in specialised stores· main 47252Retail sale of beverages in specialised stores 52250Support activities for transportation

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	69,4 k €	+64.6%	42,2 k €	-24.2%	55,6 k €	+112%	26,3 k €	+1220%	2 k €	-88.9%	17,9 k €	-54.3%	39,2 k €	-35.0%	60,3 k €	+20.0%	50,3 k €	-14.7%	58,9 k €	+145%	-132,2 k €	-730%	21 k €	-82.0%	116,9 k €	+12.7%	103,8 k €	-7.1%	111,7 k €	+0.4%	111,3 k €	-3.5%	115,4 k €	+25.6%	91,9 k €	+15.4%	79,6 k €	-6.0%	84,8 k €
EBITDA	68 k €	+66.7%	40,8 k €	-25.0%	54,4 k €	+115%	25,3 k €	+3877%	635,5 €	-95.9%	15,4 k €	-59.7%	38,2 k €	-35.4%	59,1 k €	+20.3%	49,1 k €	-15.2%	57,9 k €	+126%	-220,2 k €	-534%	-34,7 k €	-167%	51,7 k €	+37.3%	37,7 k €	-1.9%	38,4 k €	+42.9%	26,9 k €	-27.0%	36,8 k €	-28.8%	51,6 k €	+28.3%	40,2 k €	+10.8%	36,3 k €
Operating result	61,9 k €	+93.8%	31,9 k €	-30.3%	45,8 k €	+165%	17,3 k €	+342%	-7,2 k €	-161%	11,8 k €	-69.2%	38,2 k €	-35.4%	59,1 k €	+20.3%	49,1 k €	+3.1%	47,7 k €	+121%	-231 k €	-221%	-71,9 k €	-798%	10,3 k €	+164%	3,9 k €	-80.2%	19,7 k €	+325%	4,6 k €	-1.2%	4,7 k €	-75.5%	19,1 k €	+123%	8,6 k €	+64.7%	5,2 k €
Net result	40,9 k €	+70.2%	24 k €	-44.6%	43,3 k €	+197%	14,6 k €	+276%	-8,3 k €	-177%	10,8 k €	-71.1%	37,3 k €	-35.0%	57,3 k €	+17.6%	48,7 k €	+15.5%	42,2 k €	+118%	-233,5 k €	-207%	-76,1 k €	-1766%	4,6 k €	+223%	1,4 k €	-90.1%	14,3 k €	+363%	3,1 k €	+2.2%	3 k €	+26.4%	2,4 k €	-57.9%	5,7 k €	+3215%	171 €
Balance sheet
Equity	100,2 k €	+64.6%	60,9 k €	+65.2%	36,8 k €	+666%	-6,5 k €	+69.2%	-21,1 k €	-65.0%	-12,8 k €	+45.7%	-23,5 k €	+61.3%	-60,8 k €	+48.5%	-118,1 k €	+29.2%	-166,8 k €	+20.2%	-209 k €	-954%	24,5 k €	-75.7%	100,6 k €	+4.8%	96 k €	+1.5%	94,6 k €	+17.8%	80,3 k €	+4.0%	77,2 k €	+4.1%	74,2 k €	+3.3%	71,8 k €	+8.6%	66,2 k €
Total assets	278,2 k €	+6.4%	261,6 k €	-8.7%	286,5 k €	+3.5%	276,7 k €	-1.6%	281,2 k €	-2.5%	288,4 k €	+14.9%	251,1 k €	-6.8%	269,4 k €	-2.5%	276,4 k €	+2.5%	269,7 k €	-4.2%	281,4 k €	+18.4%	237,7 k €	-13.3%	274,1 k €	+8.4%	253 k €	+45.5%	173,8 k €	+14.6%	151,7 k €	+25.7%	120,6 k €	+0.2%	120,4 k €	-29.5%	170,7 k €	-11.0%	191,7 k €
Cash	1,1 k €	+23.4%	928,2 €	-95.6%	21 k €	+3673%	555,8 €	+41.7%	392,2 €	-54.1%	854,6 €	+93.9%	440,8 €	-50.9%	898,1 €	-4.6%	941 €	+236%	280,1 €	-56.7%	646,6 €	+199%	216,2 €	-98.7%	17,2 k €	-65.7%	50,2 k €	+128%	22 k €	-63.4%	60,2 k €	+169%	22,4 k €	+98.5%	11,3 k €	-75.7%	46,5 k €	+15.8%	40,1 k €
Debts	178,1 k €	-11.3%	200,7 k €	-19.6%	249,7 k €	-11.9%	283,2 k €	-6.3%	302,3 k €	+0.4%	301,2 k €	+9.7%	274,6 k €	-16.8%	330,2 k €	-16.3%	394,5 k €	-9.6%	436,5 k €	-11.0%	490,4 k €	+133%	210,7 k €	+21.4%	173,5 k €	+10.6%	156,9 k €	+98.1%	79,2 k €	+21.3%	65,3 k €	+50.4%	43,4 k €	+37.5%	31,6 k €	-68.1%	98,9 k €	-21.3%	125,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 ETP	-14.3%	2,1 ETP	-19.2%	2,6 ETP	+8.3%	2,4 ETP	+118%	1,1 ETP	-21.4%	1,4 ETP	-6.7%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Margo Mettepenningen

Director · since 02 mars 2023

Active

Ended mandates

Margo Mettepenningen

Director · since 12 mars 2007

Ended

Margo Mettepenningen

Manager · since 12 mars 2007 · until 02 mars 2023

Ended

Margo Mettepenningen

Manager · since 12 mars 2007

Ended

Wivina Van Nispen

Director · since 01 avril 2004 · until 31 octobre 2008

Ended

At this address

Other companies at this address

Company	CBE no.
GIMARCO● Active	0435.138.535

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	30/07/2025	05/07/2024	28/07/2023	27/07/2022	27/08/2021
General meeting	31/05/2026	25/05/2025	26/05/2024	28/05/2023	29/05/2022	30/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/05/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/05/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/05/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/05/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/05/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/05/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/05/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	27/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/05/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	25/05/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/05/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	27/05/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	29/05/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Margo Mettepenningen

Director · since 02 mars 2023

Active

Ended mandates

Margo Mettepenningen

Director · since 12 mars 2007

Ended

Margo Mettepenningen

Manager · since 12 mars 2007 · until 02 mars 2023

Ended

Margo Mettepenningen

Manager · since 12 mars 2007

Ended

Wivina Van Nispen

Director · since 01 avril 2004 · until 31 octobre 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/11/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/11/2015
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/09/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/02/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/03/2007
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/01/2004
KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202540,9 k €↑
2024
Annual accounts 202424 k €↓
2023
Annual accounts 202343,3 k €↑
2022
Annual accounts 202214,6 k €↑
2021
Annual accounts 2021-8,3 k €↓
2020
Annual accounts 202010,8 k €↓
2019
Annual accounts 201937,3 k €↓
2018
Annual accounts 201857,3 k €↑
2017
Annual accounts 201748,7 k €↑
2016
Annual accounts 201642,2 k €↑
2015
Annual accounts 2015-233,5 k €↓
2014
Annual accounts 2014-76,1 k €↓
2013
Annual accounts 20134,6 k €↑
2012
Annual accounts 20121,4 k €↓
2011
Annual accounts 201114,3 k €↑
2010
Annual accounts 20103,1 k €↑
2009
Annual accounts 20093 k €↑
2008
Annual accounts 20082,4 k €↓
2007
Annual accounts 20075,7 k €↑
2006
Annual accounts 2006171 €
24/10/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M2 Consultancy

Overview

What does M2 Consultancy do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline