Skip to content

M & M Agency

Active
Private limited companyfounded 2022active for 4 yearsMiksebaan 236/1, 2930 Brasschaat, BelgiumKBO/BCE: BE 0790.402.718
Summary

M & M Agency has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€160,583) and a net result of -€23,396. Equity has been shrinking by about 46% per year since 2023. Its solvency ranks better than 14% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 02-09-2022 Normal situation
Activity
Agents in the wholesale of furniture, household goods and hardware NACE 46150and 4 others
Establishment unit
2.335.184.532 2930 Brasschaat, since 02-09-2022
Financial year end
30 June
Peppol
Reachable since 07-10-2024

Board and ownership

Board
  • MEUS-NEUTELINGS MANAGEMENTDirector · since 02-09-2022 · permanent representative MEUS Muriel Elise Marie-Antoinette
  • OLMEN FIVE BISDirector · since 02-09-2022 · permanent representative MEUS Jean Paul Stephan

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts to 30-06-2025
Gross margin
-€4,355
▲ 93.7%
Loss
€23,396
▼ 77.5%
Equity
-€160,583
▼ 17.1%
Total assets
€526,821
▲ 19.4%
  • Negative equity on 30-06-2025
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€160,583Founded in 2022Sector: Wholesale trade (NACE 46)lowers riskSize: total assets €526,821Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -30.5% of total assets
Liquidity 42-9
short-term debt 26.1% · cash 1.6%
Profitability 13+13
return on assets -4.4%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 5.8% 01-2025: 5.9%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 4.0%▼ -1.9 percentage points vs 01-2025 03-2025: 4.0%● unchanged vs 02-2025 04-2025: 3.9%▼ -0.1 percentage points vs 03-2025 05-2025: 3.9%● unchanged vs 04-2025 06-2025: 3.7%▼ -0.2 percentage points vs 05-2025 07-2025: 3.7%● unchanged vs 06-2025 08-2025: 3.7%● unchanged vs 07-2025 09-2025: 3.6%▼ -0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +0.7 percentage points vs 09-2025 11-2025: 4.8%▲ +0.5 percentage points vs 10-2025 12-2025: 1.8%▼ -3.0 percentage points vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 2.4%▲ +0.6 percentage points vs 01-2026 03-2026: 1.1%▼ -1.3 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 0.9%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.91 (1.57 in 2024), below 1. Short-term debt is 26.1% and cash 1.6% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 40% on liquidity, 19% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €526,821
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€160,583
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€160,583
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 day early
2024
15 days early
2023
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 12 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€160,583 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€23,396 View
  • Caution: Less equity than 95% of companies in wholesale tradesector median €56,596 · 13,771 companies -€160,583 View
  • Positive: Result rose in 2025from -€104,138 to -€23,396 ▲ 77.5% View

Recent changes

  1. · Gazette deed Registered office moved within BrasschaatPermanent representatives: Johan Jacobs, Kris Bollen and 2 others
  2. · Gazette deed IncorporationStarting capital €2,000 · Appointments: OLMEN FIVE BIS (director) and MEUS-NEUTELINGS MANAGEMENT (director) · Permanent representatives: MEUS Jean Paul Stephan and MEUS Muriel Elise Marie-Antoinette
All 7 events

Comparable companies

These companies have the same main activity as M & M Agency: agents in the wholesale of furniture, household goods and hardware (NACE 46150). They are comparable in size and age: total assets between €216,000 and €1.3m, founded between 2018 and 2023.

CompanyTotal assetsGross margin
M & M Agency Brasschaat€0.5m-€0.004m
Softtex Sleep Innovations Waregem€0.3m-€0.08m
SABELLE COSMETICS Sint-Pieters-Leeuw€0.3m-€119
SENTAI EUROPE Brussel€1.3m-€0.3m
SOFABED EUROPE Hasselt€0.4m-€0.1m
LUXURY SELECTION Sint-Jans-Molenbeek€0.2m-€160
LAURONA Anderlecht€0.5m-€0.004m
Full comparison

Key facts about M & M Agency

What is the company number of M & M Agency?
The company number of M & M Agency is 0790.402.718. The VAT number is the same number with BE in front: BE 0790.402.718.
Where is M & M Agency based?
The registered office is at Miksebaan 236/1, 2930 Brasschaat.Company details
What does M & M Agency do?
According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of M & M Agency?
The legal form of M & M Agency is Private limited company (BV).
When was M & M Agency founded?
M & M Agency was founded on 02-09-2022.
Is M & M Agency still active?
Yes, M & M Agency is an active enterprise in the KBO register.
How many employees does M & M Agency have?
M & M Agency had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of M & M Agency?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is M & M Agency profitable?
In financial year 2025, M & M Agency made a loss of €23,396.
Where can I find the annual accounts of M & M Agency?
M & M Agency filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M & M Agency due?
M & M Agency must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.