Turnover
≈ €310,000 estimated
The micro format states no turnover.
M&F
Lifetime
6 annual accounts with figures on one time axispeak €54,925 (2020)
€26,737▲ 152%
lowest -€36,819 (2022)
€6,916▲ 56.3%
peak €68,593 (2021)
€57,327▲ 13.7%
€27,538▼ 76.5%
peak 2 FTE (2020)
-not published
Board1 name since 2021
1 directorGurbany Mamood
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €10,594 to €26,737Result from €4,424 to €6,916Registered office moved from Antwerp to Brasschaat 21-03Equity from €50,411 to €57,327Debts from €117,174 to €27,538Cash from €3,890 to €23,324
Key points
from the 2025 annual accountsChecked score
51
Fair
Financially stronger than 73% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.6%▲ +0.1 percentage points vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025
04-2025: 4.1%▲ +1.5 percentage points vs 03-2025
05-2025: 4.2%▲ +0.1 percentage points vs 04-2025
06-2025: 4.3%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 4.3%● unchanged vs 06-2025highest value
08-2025: 3.8%▼ -0.5 percentage points vs 07-2025
09-2025: 3.8%● unchanged vs 08-2025
10-2025: 3.8%● unchanged vs 09-2025
11-2025: 3.8%● unchanged vs 10-2025
12-2025: 3.8%● unchanged vs 11-2025
01-2026: 3.7%▼ -0.1 percentage points vs 12-2025
02-2026: 3.7%● unchanged vs 01-2026
03-2026: 3.7%● unchanged vs 02-2026
04-2026: 3.9%▲ +0.2 percentage points vs 03-2026
05-2026: 4.0%▲ +0.1 percentage points vs 04-2026
06-2026: 3.8%▼ -0.2 percentage points vs 05-2026
07-2026: 3.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▼ -2.9 percentage points vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 3.5%▲ +2.5 percentage points vs 09-2026
11-2026: 3.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
Size: total assets €84,865
Founded in 2020
lowers risk
Liquidity: current ratio 2.59, cash €23,324
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 79% of them on solvency, 76% on liquidity, 69% on profitability and 66% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as M&F has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of M&F itself is higher: 3.5% within 12 months. It rests on far more data about M&F than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for M&F. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.59 (1.29 in 2024), above the usual 1.5. Short-term debt is 32.4% and cash 27.5% of total assets. 32.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €57,327
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 days early
2024
16 days early
2023
62 days late
2022
59 days late
2021
43 days late
2020
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 34 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 September (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Brasschaat
New registered office: Bredabaan 1121, 2930 Brasschaat · Previous registered office: Bredabaan 1013, 2930 Brasschaat · General meeting of 18-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743387808
Registered office moved from Antwerp to Brasschaat
New registered office: Bredabaan 1013 te 2930 Brasschaat · Previous registered office: Meeuwenstraat 1-2170 Antwerpen · Board meeting of 25-09-2023 · Gazette deed
Incorporation
published on 10-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as M&F: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €69,800 and €100,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 06-02-2020Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.298.940.3822930 Brasschaat, since 06-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €84,865▼ 49.4%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on M&F
M&F files the micro format. That format states no turnover. The gross margin fell from €54,925 in 2020 to €26,737 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M&F
- What is the company number of M&F?
- The company number of M&F is 0743.387.808. The VAT number is the same number with BE in front: BE 0743.387.808.
- Where is M&F based?
- The registered office is at Bredabaan 1121, 2930 Brasschaat.Company details
- What does M&F do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of M&F?
- M&F is a private limited company (BV).
- When was M&F founded?
- M&F was founded on 06-02-2020.
- Is M&F still active?
- Yes, M&F is an active enterprise in the KBO register.
- How many employees does M&F have?
- M&F had an average of 3.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of M&F?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €26,737 and 168 comparable companies (NACE 47110). It probably lies between €210,000 and €480,000.
- Is M&F profitable?
- In financial year 2025, M&F made a profit of €6,916.
- Where can I find the annual accounts of M&F?
- M&F filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M&F due?
- M&F must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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