M.M
InactiveM.M was declared bankrupt on 22-07-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 22-10-2024, published in the Belgian State Gazette on 14-08-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-11-2021, 107 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
107 d late
2019
116 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€220k▼ 41.2%
2019 · €374k
2018: €561k
2019: €374k
2018 → 2020
EBIT margin
2.5%▲ 19.3pp
2019 · -16.8%
2018: 0.1%
2019: -16.8%
2018 → 2020
Net result
€5k▲ 51.7%
2019 · €3k
2018: €14k
2019: €3k
2018 → 2020
Working capital
€27k▲ 232%
2019 · €8k
2018: €16k
2019: €8k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€561k-€374k▼ 33.5%€220k▼ 41.2%
Equity€27k-€30k▲ 11.3%€52k▲ 73.6%
Operating result€298-€-63k€6k
Net result€14k-€3k▼ 77.5%€5k▲ 51.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €6k after a loss of €63k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €282k
Fixed assets
€35k ▼ 5.5%
Current assets
€247k ▲ 11.0%
Equity and liabilities €282k
Equity
€52k ▲ 73.6%
Debt
€230k ▲ 0.1%
Debt's share of the balance-sheet total falls from 88.4% to 81.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▲
2019 · €-56k
Cash flow
€7k▼
2019 · €9k
Current ratio
1.12▲
2019 · 1.04
Quick ratio
1.08▲
2019 · 1.00
ROE
8.9%▼
2019 · 10.1%
ROA
1.6%▲
2019 · 1.2%
Debt ≤ 1 year
€220k▲
2019 · €215k
Income taxes
€3k▼
2019 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€260k€282k▲
Fixed assets21/28€37k€35k▼
Tangible fixed assets22/27€13k€11k▼
Financial fixed assets28€24k€24k=
Current assets29/58€223k€247k▲
Stocks and contracts in progress3€9k€9k=
Amounts receivable within one year40/41€196k€236k▲
Cash at bank and in hand54/58€15k€2k▼
Equity and liabilities
Total equity and liabilities10/49€260k€282k▲
Equity10/15€30k€52k▲
Contributions10/11€1k€19k▲
Reserves13€2k€2k=
Profit (loss) carried forward14€27k€32k▲
Amounts payable17/49€230k€230k▲
Amounts payable within one year42/48€215k€220k▲
Trade debts44€163k€153k▼
Income statement
Code20192020
Turnover70€374k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€2k▼
Gross operating margin9900€99k€26k▼
Operating profit (loss)9901€-63k€6k▲
Recurring financial income75-€20
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€6k€7k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Timeline · acts, filings and financial milestones
2025
14-08
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · M.M SPRL AVENUE JEAN VOLDERS 53, 1060 SAINT-GILLES. déclarée le 22 juillet 2022 · event 22-10-2024
2022
01-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · M.M SPRL AVENUE JEAN VOLDERS 53, 1060 SAINT-GILLES · event 22-07-2022
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼77.5%
Net result drops to €3k, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 33 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 66 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 BRUXELLES 15 |
22-07-2022 → 22-10-2024 |