M.M.A.
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
19 d late
2022
on the day
2021
31 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2018 · €0
EBIT margin
Not included in this filing
Net result
€50,812▼ 96.3%
2023 · €1.4m
Working capital
€2.9m▲ 1.8%
2023 · €2.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result-€13,232▲ 31.1%-€8,682▲ 34.4%-€9,146▼ 5.4%-€8,248▲ 9.8%-€27,015▼ 228%
Net result€80,699▼ 60.1%€477,461▲ 492%€41,370▼ 91.3%€1.4m▲ 3,194%€50,812▼ 96.3%
Equity€9.0m▲ 0.9%€9.4m▲ 5.3%€9.5m▲ 0.4%€10.9m▲ 14.4%€10.9m▲ 0.5%
Total assets€9.5m▲ 0.9%€9.5m▼ 0.2%€9.5m▲ 0.4%€10.9m▲ 14.4%€10.9m▲ 0.9%
Debt€501,297=€1,582▼ 99.7%€605▼ 61.7%€605=€44,160▲ 7,199%
Working capital-€2,672▲ 98.1%€985,410€1.0m▲ 4.2%€2.9m▲ 178%€2.9m▲ 1.8%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27,015 in 2024 against €8,248 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.9m
Fixed assets
€8.0m =
Current assets
€2.9m ▲ 3.3%
Equity and liabilities €10.9m
Equity
€10.9m ▲ 0.5%
Debt
€44,160 ▲ 7,199%
Debt's share of the balance-sheet total rises from 0.0% to 0.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
66.78
Debt to equity
0.00▲
2023 · 0.00
ROE
0.5%▼
2023 · 12.6%
ROA
0.5%▼
2023 · 12.6%
Debt ≤ 1 year
€44,160▲
2023 · €605
Income taxes
€18,321
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €0 | - | - | - | - |
| Other operating income74 | - | €0 | - | - | - | - |
| Operating charges60/66A | - | €8,682 | €9,146 | €8,248 | €27,015 | ▲ 228% |
| Services and other goods61 | - | €6,503 | €6,844 | €6,205 | €21,522 | ▲ 247% |
| Other operating charges640/8 | - | €2,179 | €2,303 | €2,042 | €5,492 | ▲ 169% |
| Operating profit (loss)9901 | -€13,232 | -€8,682 | -€9,146 | -€8,248 | -€27,015 | ▼ 228% |
| Financial income75/76B | - | €495,866 | €50,667 | €1.4m | €96,298 | ▼ 93.0% |
| Recurring financial income75 | €6,845 | €9,706 | €19,706 | €1.4m | €96,298 | ▼ 93.0% |
| Income from financial fixed assets750 | - | €9,706 | €19,706 | €1.3m | €0 | ▼ 100% |
| Income from current assets751 | - | - | - | €108,155 | €96,298 | ▼ 11.0% |
| Non-recurring financial income76B | - | €486,160 | €30,961 | €0 | - | - |
| Financial charges65/66B | - | €9,723 | €150 | €150 | €150 | = |
| Recurring financial charges65 | €9,701 | €9,723 | €150 | €150 | €150 | = |
| Debt charges650 | €9,581 | €9,581 | €0 | - | - | - |
| Other financial charges652/9 | - | €143 | €150 | €150 | €150 | = |
| Profit (loss) for the period before taxes9903 | €80,699 | €477,461 | €41,370 | €1.4m | €69,133 | ▼ 94.9% |
| Income taxes67/77 | - | - | - | - | €18,321 | - |
| Taxes670/3 | - | - | - | - | €18,321 | - |
| Profit (loss) for the period9904 | €80,699 | €477,461 | €41,370 | €1.4m | €50,812 | ▼ 96.3% |
| Profit (loss) for the period to be appropriated9905 | €80,699 | €477,461 | €41,370 | €1.4m | €50,812 | ▼ 96.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.5m | €9.5m | €9.5m | €10.9m | €10.9m | ▲ 0.9% |
| Fixed assets21/28 | €9.0m | €8.5m | €8.5m | €8.0m | €8.0m | = |
| Financial fixed assets28 | €9.0m | €8.5m | €8.5m | €8.0m | €8.0m | = |
| Companies linked by participating interests282/3 | - | €7.9m | €7.9m | €7.4m | €7.4m | = |
| Participating interests282 | - | €7.9m | €7.9m | €7.4m | €7.4m | = |
| Other financial fixed assets284/8 | - | €541,524 | €541,524 | €621,149 | €621,149 | = |
| Shares284 | - | €541,524 | €541,524 | €621,149 | €621,149 | = |
| Current assets29/58 | €489,045 | €986,991 | €1.0m | €2.9m | €2.9m | ▲ 3.3% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €485,845 | €964,511 | €1.0m | €2.9m | €2.9m | ▲ 3.3% |
| Other amounts receivable41 | - | €964,511 | €1.0m | €2.9m | €2.9m | ▲ 3.3% |
| Cash at bank and in hand54/58 | €3,200 | €22,480 | €168 | €161 | €360 | ▲ 123% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.5m | €9.5m | €9.5m | €10.9m | €10.9m | ▲ 0.9% |
| Equity10/15 | €9.0m | €9.4m | €9.5m | €10.9m | €10.9m | ▲ 0.5% |
| Contributions10/11 | - | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Reserves13 | €4.5m | €5.0m | €5.0m | €6.4m | €6.4m | ▲ 0.8% |
| Non-distributable reserves130/1 | - | €210,696 | €210,696 | €0 | - | - |
| Reserves not available under the articles1311 | - | €210,696 | €210,696 | €0 | - | - |
| Distributable reserves133 | - | €4.8m | €4.8m | €6.4m | €6.4m | ▲ 0.8% |
| Amounts payable17/49 | €501,297 | €1,582 | €605 | €605 | €44,160 | ▲ 7,199% |
| Amounts payable within one year42/48 | €491,716 | €1,582 | €605 | €605 | €44,160 | ▲ 7,199% |
| Trade debts44 | €605 | €1,582 | €605 | €605 | €25,839 | ▲ 4,171% |
| Suppliers440/4 | - | €1,582 | €605 | €605 | €25,839 | ▲ 4,171% |
| Taxes, remuneration and social security45 | - | - | - | - | €18,321 | - |
| Taxes450/3 | - | - | - | - | €18,321 | - |
| Other amounts payable47/48 | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,699 | €477,461 | €41,370 | €1.4m | €50,812 | ▼ 96.3% |
| Operating cash flow (approximation) | €80,699 | €477,461 | €41,370 | €1.4m | €50,812 | ▼ 96.3% |
| Investment in fixed assets (approximation) | - | €520,201 | €0 | €464,309 | €0 | ▼ 100% |
| Change in cash | - | €19,280 | -€22,312 | -€7 | €199 | ▲ 3,156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €1.4m ▲3,194%
Net result €1.4m, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4718.27
Current ratio from 1698.16 to 4718.27.
31-12
Financial
Equity above €10mEq €10.9m ▲14.4%
5 profitable years in a row build equity to €10.9m.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 1698.16
Current ratio from 624.03 to 1698.16; short-term debt falls from €1,582 to €605.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Liquidity times 627current ratio 624.03
Current ratio from 0.99 to 624.03; short-term debt falls from €491,716 to €1,582.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Back to profitnet €202,406
Net result €202,406 after one loss-making year.
Show earlier events
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
Owners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (20)
An older source named these holdings; newer accounts no longer list them.
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10.05%
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10.02%
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9.85%
According to the 2024 annual accounts of M.M.A. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.