M & M Elektro
A bankruptcy procedure is open for M & M Elektro according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €397k and a net result of €135k.
| Equity | €397k |
| Net result | €135k |
| Staff (FTE) | 1.1 |
| Better than sector | 62% |
Mixed profile: strong on profitability, weaker on stability.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.3% | 36.6% | |
| Net result | €135k | €11k | |
| Equity | €397k | €28k | |
| Gross operating margin | €235k | €40k | |
| Staff costs | €40k | €40k |
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €190k |
| Net profit | €135k |
| Cash flow | €177k |
| Staff costs | €40k |
| Income taxes | €6k |
| Dividends | — |
| Total assets | €876k |
| Equity | €397k |
| Debt | €479k |
| of which ≤ 1y | €432k |
| of which > 1y | €47k |
| Working capital | €238k |
| Employees (FTE) | 1.1 |
| 2023 | |
|---|---|
| Current ratio | 1.55 |
| Quick ratio | 1.55 |
| Working capital ratio | 27.1% |
| Solvency | 45.3% |
| Debt / equity | 1.21 |
| Long-term debt ratio | 0.12 |
| Interest coverage | 29.56 |
| Gross margin | — |
| Net margin | — |
| ROA | 15.4% |
| ROE | 34.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | 177d |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €876k |
| Fixed assets | 21/28 | €207k |
| Tangible fixed assets | 22/27 | €201k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €669k |
| Amounts receivable within one year | 40/41 | €351k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €876k |
| Equity | 10/15 | €397k |
| Contributions / capital | 10/11 | €7k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €389k |
| Amounts payable | 17/49 | €479k |
| Amounts payable after one year | 17 | €47k |
| Amounts payable within one year | 42/48 | €432k |
| Trade debts payable within one year | 44 | €376k |
| Income statement | ||
| Gross operating margin | 9900 | €235k |
| Operating result | 9901 | €148k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €142k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €135k |
| Result to be appropriated | 9905 | €135k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ANN NOE PAALSESTEENWEG 131, 3583 05 BERINGEN-
PAAL |
16-01-2025 → present | Belgian State Gazette |
| Curator | BERT VANDENREYT PAALSE-
STEENWEG 131, 3583 05 BERINGEN-PAAL- |
16-01-2025 → present | Belgian State Gazette |
| NACE primary | 42211 |
| Legal form | Private limited company(610) |
| Incorporation | 15-09-2017 |
| Status | Active |
| Postal code | — |
| First BS signal | 22-01-2025 |
| Latest BS signal | 22-01-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1262/00V002 | Flanders | 7,626 m² | 1 · 3,667 m² | — |
| 71025A0073/00R089 | Flanders | 361 m² | 1 · 220 m² | 10.1 m · 1 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-09-2024 All shares are now held by a single shareholder
Technical details
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}16-09-2024 1 director appointed, 1 resigning correction
- Tonoglu Hasan — Bestuurder
- Delibalta Mustafa — Bestuurder
Technical details
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}16-09-2024 Registered office moved to Heusden Zolder
- Lindelaan 55 bus K8, 3550 Heusden Zolder
Technical details
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}21-09-2023 Registered office moved within Temse
- Nijverheidstraat 3, 9140 Temse → Krijgsbaan 247 B5, 9140 Temse
Technical details
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}28-06-2022 Registered office moved from Antwerpen to Temse
- Lange Lozanastraat 142 bus 1, 2018 Antwerpen → Nijverheidstraat 3, 9140 Temse
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | M & M Elektro |
- 17-01-2025 Address strikeout main