Financials
- Fiscal year
- 2023
- Total assets
- €132,842
- Loss
- -€15,086
- Solvency
- -11.6%
m&m concept
ActiveSummary
The computed 12-month bankruptcy probability of m&m concept is 5.2% (elevated). For m&m concept, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€15,412) and a net result of -€15,086. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2287 sector peers (fiscal year 2023). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Arts creation and performing arts activities
NACE 90311NACE 90041NACE 92321
1 site
Size
€132,842total assets 2023
- Equity
- -€15,412
- Loss
- -€15,086
Financial health
- Bankruptcy chance 12 m
- 5.2%
2023 figures too old to score
Structure
Accounts 611 d overdue0 of 1 deed read
Signals- Figures for FY 2023 (filed 29-02-2024)- 2 financial years not filed after the legal deadline; latest accounts 30 days late- Liquidity: current ratio 0.34, cash €442, halved- Two or more financial years not filed+ Sector Arts creation and performing arts activities (NACE 90)Filed after the deadlineShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
13-12
equity -11.6% of total assets
Liquidity
0-24
short-term debt 109.8% · cash 0.3%
Profitability
5-83
return on assets -11.4%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.1%▼ -3.8% vs 11-2024lowest value
01-2025: 1.3%▲ +14.6% vs 12-2024
02-2025: 1.5%▲ +18.5% vs 01-2025
03-2025: 1.6%▲ +8.7% vs 02-2025
04-2025: 1.8%▲ +8.4% vs 03-2025
05-2025: 2.0%▲ +9.5% vs 04-2025
06-2025: 2.4%▲ +20.9% vs 05-2025
07-2025: 3.4%▲ +44.5% vs 06-2025
08-2025: 3.4%● 0.0% vs 07-2025
09-2025: 3.5%▲ +2.7% vs 08-2025
10-2025: 3.1%▼ -11.0% vs 09-2025
11-2025: 3.1%● 0.0% vs 10-2025
12-2025: 3.1%● 0.0% vs 11-2025
01-2026: 3.3%▲ +5.3% vs 12-2025
02-2026: 4.5%▲ +38.4% vs 01-2026
03-2026: 5.2%▲ +13.4% vs 02-2026highest value
04-2026: 5.2%● 0.0% vs 03-2026highest value
05-2026: 5.2%● 0.0% vs 04-2026highest value
06-2026: 5.2%● 0.0% vs 05-2026highest value
07-2026: 5.2%● 0.0% vs 06-2026highest value
08-2026: 5.2%● 0.0% vs 07-2026highest value
09-2026: 5.2%● 0.0% vs 08-2026highest value
10-2026: 5.2%● 0.0% vs 09-2026highest value
- Figures for FY 2023 (filed 29-02-2024) raises the probability
- 2 financial years not filed after the legal deadline; latest accounts 30 days late raises the probability
- Sector Arts creation and performing arts activities (NACE 90) lowers the probability
- Liquidity: current ratio 0.34, cash €442, halved raises the probability
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline04-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 29-02-2024, 29 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 filed
2024
not filed
2023
29 d late
2022
26 d late
2021
on the day
2020
2 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
- Back to profitnet €34,024
Key points
By topic
Timeline
- Events
- 12
- Since
- 2015
- 29-02-2024Annual accounts filed
- 26-02-2023Annual accounts filed
- 30-06-2022Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Arts creation and performing arts activitiesNACE 90311
- Founded
- 18-08-1997
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.