ACTIVE

M2S

Financial year 2025 · Closed on 30/09/2025

Net result51,4 k €+791,1 %over 1 year

Gross margin253,4 k €+23,6 %over 1 year

Equity3,4 M €+1,5 %over 1 year

Identity

Source · BCE/KBO

M2S is a Private company with limited liability incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Chaudfontaine.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0887.949.282
Incorporation: 14/03/2007
Legal form: Private company with limited liability
Registered office: Au long pré 80
4053 Chaudfontaine · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products 51180Passenger air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	253,4 k €	+23.6%	204,9 k €	+76.6%	116,1 k €	-63.8%	320,7 k €	+21.2%	264,6 k €
EBITDA	251,7 k €	+23.8%	203,3 k €	+77.6%	114,5 k €	-63.9%	316,6 k €	+20.3%	263,1 k €
Operating result	237,8 k €	+25.5%	189,5 k €	+87.0%	101,3 k €	-67.0%	306,6 k €	+19.8%	256 k €
Net result	51,4 k €	+791%	-7,4 k €	+82.2%	-41,7 k €	-126%	160,8 k €	+49.6%	107,5 k €
Balance sheet
Equity	3,4 M €	+1.5%	3,3 M €	-0.2%	3,3 M €	-1.2%	3,4 M €	+5.0%	3,2 M €
Total assets	6,3 M €	-0.2%	6,3 M €	-0.0%	6,3 M €	-0.3%	6,3 M €	+1.7%	6,2 M €
Cash	1,8 k €	-74.5%	7,2 k €	+67.6%	4,3 k €	-89.2%	39,9 k €	-4.3%	41,6 k €
Debts	2,7 M €	-1.7%	2,8 M €	-1.8%	2,8 M €	-0.3%	2,8 M €	-1.9%	2,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Valérie HANNON	Directorsince 01/10/2019Manager2023 accountsended
René Brugmans	DirectorManager14/03/2007 → 2010 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IZP0831.535.171	Manager01/10/2017 → 2018 accounts
Paul Brugmans	Mandate2009 accounts

Other companies at this address

Au long pré 80 4053 Chaudfontaine

Company	CBE no.
BIVOUAC● Active	0726.354.410
IZP● Active	0831.535.171
MARBRERIE 3● Active	0662.749.431

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/04/2026	15/04/2025	10/04/2024	27/04/2023	29/03/2022	26/04/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	30/03/2023	25/03/2022	26/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/03/2026	22/04/2026	French	PDF
Abridged model	30/09/2024	28/03/2025	15/04/2025	French	PDF
Abridged model	30/09/2023	29/03/2024	10/04/2024	French	PDF
Micro model	30/09/2022	30/03/2023	27/04/2023	French	PDF
Micro model	30/09/2021	25/03/2022	29/03/2022	French	PDF
Micro model	30/09/2020	26/03/2021	26/04/2021	French	PDF
Micro model	30/09/2019	27/03/2020	27/04/2020	French	PDF
Micro model	30/09/2018	29/03/2019	24/05/2019	French	PDF
Micro model	30/09/2017	30/03/2018	09/04/2018	French	PDF
Abridged model	30/09/2016	31/03/2017	20/04/2017	French	PDF
Abridged model	30/09/2015	25/03/2016	29/03/2016	French	PDF
Abridged model	30/09/2014	27/03/2015	30/03/2015	French	PDF
Abridged model	30/09/2013	28/03/2014	31/03/2014	French	PDF
Abridged model	30/09/2012	29/03/2013	03/04/2013	French	PDF
Abridged model	30/09/2011	30/03/2012	02/04/2012	French	PDF
Abridged model	30/09/2010	25/03/2011	29/04/2011	French	PDF
Abridged model	30/09/2009	26/03/2010	29/04/2010	French	PDF
Abridged model	30/09/2008	27/03/2009	11/05/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Valérie HANNON	Directorsince 01/10/2019Manager2023 accountsended
René Brugmans	DirectorManager14/03/2007 → 2010 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IZP0831.535.171	Manager01/10/2017 → 2018 accounts
Paul Brugmans	Mandate2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/05/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates21/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates21/01/2019
DEMISSIONS, NOMINATIONS
PDF
Other22/03/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Valérie HANNON

René Brugmans

IZP

Paul Brugmans

20072008200920102011201220132014201520162017201820192020202120222023202420252026

M2S

Au long pré 80, 4053 Embourg

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Au long pré 80, 4053 EmbourgCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00084426

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
M2SCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00084426

Events

2025
Annual accounts 202551,4 k €↑
2024
Annual accounts 2024-7,4 k €↑
2023
Annual accounts 2023-41,7 k €↓
2022
Annual accounts 2022160,8 k €↑
2021
Annual accounts 2021107,5 k €↑
2020
Annual accounts 202044,9 k €↓
2019
Annual accounts 201946,4 k €↓
2018
Annual accounts 2018185 k €↑
2017
Annual accounts 2017142,8 k €↑
2015
Annual accounts 20156,9 k €↓
2014
Annual accounts 20148,3 k €↑
2013
Annual accounts 20133,4 k €↓
2012
Annual accounts 201254,9 k €↑
2011
Annual accounts 2011-41,5 k €↓
2010
Annual accounts 201043,7 k €↑
2009
Annual accounts 2009-22,1 k €↓
2008
Annual accounts 2008-8,2 k €
14/03/2007
IncorporationPrivate company with limited liability

M2S

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events