Checked.be
Active
BE 0756.929.701Private foundation
FONDATION MMICALLEF
Louizalaan 347 ·1050 Elsene, Belgium· 5 yrs active
Conclusion
The computed 12-month bankruptcy probability of FONDATION MMICALLEF is 0.4% (very low). The 2023 annual accounts show equity of €287k and a net result of €15k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €287k |
| Net result | €15k |
| Active | 5 yrs |
| Publications | 1 |
Snowflake analysis
60
/ 100
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
41
Profitability
64
Solvency
55
Growth
-
Stability
79
Bankruptcy probability (12 mo)
0.4%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Young company
+No NACE activity registered
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
41
/ 100
Weak
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · volledig
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €19k |
| EBITDA | - |
| Net profit | €15k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €653k |
| Equity | €287k |
| Debt | €366k |
| of which ≤ 1y | €366k |
| of which > 1y | - |
| Working capital | €-344k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.06 |
| Working capital ratio | -52.8% |
| Solvency | 43.9% |
| Debt / equity | 1.28 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 90.1% |
| Net margin | 82.3% |
| ROA | 2.4% |
| ROE | 5.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €653k |
| Fixed assets | 21/28 | €631k |
| Tangible fixed assets | 22/27 | €17k |
| Financial fixed assets | 28 | €614k |
| Current assets | 29/58 | €22k |
| Cash & bank | 54/58 | €22k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €653k |
| Equity | 10/15 | €287k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €272k |
| Amounts payable | 17/49 | €366k |
| Amounts payable within one year | 42/48 | €366k |
| Income statement | ||
| Turnover | 70 | €19k |
| Gross operating margin | 9900 | €17k |
| Operating result | 9901 | €15k |
| Financial charges | 65 | €24 |
| Result before taxes | 9903 | €15k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
Ratios computed by Checked.
Legal Structure
| NACE primary | - |
| Legal form | Private foundation(026) |
| Incorporation | 23-10-2020 |
| Status | Active |
| Postal code | 1050 |
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0215/00R000 ProtectedMonumentTweede zetel van de Gestapo |
Brussels | 707 m² | 1 · 263 m² | 38.1 m · 12 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
27-08-2025
NBB filing
Annual accounts filed
2024
18-09-2024
NBB filing
Annual accounts filed
23-05-2024
NBB filing
Annual accounts filed
23-05-2024
NBB filing
Annual accounts filed
23-05-2024
NBB filing
Annual accounts filed
2023
23-05-2023
State Gazette act
Registered-office change
Belgisch Staatsblad, acts
Address history · 1
23-05-2023
Registered-office move
All acts · 1
updated 3 years ago
2023
23-05-2023 Registered office moved from Watermael-Boitsfort to Bruxelles
- Avenue Emile Van Becelaere 26 Boîte 14, 1170 Watermael-Boitsfort → Private Office, 347 avenue Louise, 1050 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Private Office, 347 avenue Louise, 1050 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "347",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue Emile Van Becelaere 26 Bo\u00EEte 14, 1170 Watermael-Boitsfort",
"city": "Watermael-Boitsfort",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Emile Van Becelaere",
"country": "BE",
"postcode": "1170",
"box_number": "14",
"street_number": "26",
"locality_suffix": null
},
"effective_date": "2023-03-27",
"evidence_quote": "De transf\u00E9rer avec effet imm\u00E9diat le si\u00E8ge de la fondation du 26 avenue Van Becelaere \u00E0 Boitsfort au Private Office, 347 avenue Louise, 1050 Bruxelles",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 2,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-05-23",
"filing_date": "2023-05-12",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2023-03-27",
"unanimous": null
},
"subject_company": {
"kbo": "0756.929.701",
"name_full": "FONDATION MMICALLEF",
"legal_form": "Fondation priv\u00E9e"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Odity Services",
"person_name": null,
"org_rep_person_name": "Rosie Hege",
"person_role_at_subject": null
},
"co_filed_documents": []
}Credit advice
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Company registry (CBE)
Names & trade names
| Legal nameFR | FONDATION MMICALLEF |
Registered office
Louizalaan 347
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.