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M.M.P.

Active
Public limited companyfounded 199927 yrs activeKerkedreef 38, 2930 Brasschaat, BelgiumKBO/BCE: BE 0465.882.387

M.M.P. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284k and a net result of €21k. Equity is shrinking by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+12
Solvency33=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.21 in 2024; short-term debt: 76.7% and cash: 1.5% of total assets), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
7.8%
Return on assets
0.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 3163 sector peers (2025).
NBB · sector comparison
Position among 3163 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
29 d late
2023
56 d late
2022
30 d late
2021
61 d late
2020
6 d late
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▼ 24.4%
2024 · €28k
2018: €191k 2019: €316k 2020: €327k 2021: €334k 2022: €84k 2023: €63k 2024: €28k
2018 → 2025
Working capital
€-2.22M▼ 11.0%
2024 · €-2.00M
2018: €198k 2019: €419k 2020: €648k 2021: €-117k 2022: €-1.03M 2023: €-1.66M 2024: €-2.00M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.66M-€840k▼ 49.3%€318k▼ 62.1%€264k▼ 17.1%€284k▲ 7.9%
Operating result€111k-€110k▼ 1.5%€99k▼ 9.9%€69k▼ 30.6%€54k▼ 21.5%
Net result€334k-€84k▼ 74.8%€63k▼ 24.7%€28k▼ 56.4%€21k▼ 24.4%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €111k€111kNet result 2021: €334k€334kOperating result 2022: €110k€110kNet result 2022: €84k€84kOperating result 2023: €99k€99kNet result 2023: €63k€63kOperating result 2024: €69k€69kNet result 2024: €28k€28kOperating result 2025: €54k€54kNet result 2025: €21k€21k20212022202320242025
The operating result has fallen four years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.65M
Fixed assets €3.07M▲ 4.6%
Current assets €574k▲ 10.0%
Equity and liabilities €3.65M
Equity €284k▲ 7.9%
Debt €3.36M▲ 5.2%
The debt ratio falls from 92.4% to 92.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€103k
2024 · €101k
Cash flow
€70k
2024 · €60k
Solvency
7.8%
2024 · 7.6%
Current ratio
0.21
2024 · 0.21
Quick ratio
0.21
2024 · 0.21
Debt / equity
11.82
2024 · 12.13
ROE
7.3%
2024 · 10.5%
ROA
0.6%
2024 · 0.8%
Interest coverage
4.68
2024 · 3.16
Debt
€3.36M
2024 · €3.20M
Debt ≤ 1 year
€2.80M
2024 · €2.52M
Debt > 1 year
€567k
2024 · €674k
Income taxes
€20k
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.46M€3.65M
Fixed assets21/28€2.94M€3.07M
Tangible fixed assets22/27€183k€317k
Land and buildings22-€175k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€181k€141k
Financial fixed assets28€2.76M€2.76M=
Current assets29/58€522k€574k
Amounts receivable after more than one year29€408k€476k
Other amounts receivable291€408k€476k
Amounts receivable within one year40/41€105k€41k
Trade receivables40-€20k
Other amounts receivable41€105k€22k
Cash at bank and in hand54/58€4k€54k
Deferred charges and accrued income490/1€5k€3k
Equity and liabilities
Total equity and liabilities10/49€3.46M€3.65M
Equity10/15€264k€284k
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€200k€200k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€194k€194k=
Profit (loss) carried forward14€461€21k
Amounts payable17/49€3.20M€3.36M
Amounts payable after more than one year17€674k€567k
Financial debts170/4€674k€567k
Amounts payable within one year42/48€2.52M€2.80M
Current portion of amounts payable after more than one year42€105k€108k
Trade debts44€6k€5k
Suppliers440/4€6k€5k
Taxes, remuneration and social security45€10k€22k
Taxes450/3€10k€22k
Other amounts payable47/48€2.40M€2.66M
Income statement Code20242025
Non-recurring operating income76A-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€49k
Other operating charges640/8€6k€3k
Gross operating margin9900€107k€105k
Operating profit (loss)9901€69k€54k
Financial income75/76B€10k€9k
Recurring financial income75€10k€9k
Financial charges65/66B€32k€22k
Recurring financial charges65€32k€22k
Profit (loss) for the period before taxes9903€46k€41k
Income taxes67/77€19k€20k
Profit (loss) for the period9904€28k€21k
Profit (loss) for the period to be appropriated9905€28k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€21k
Profit (loss) brought forward from the previous period14P-€461
Transfer from equity791/2€55k€0
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€82k€0
Return on contributions (dividend)694€82k€0
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €21k ▼24.4%
Net result drops to €21k, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial Highest result since 2018net €334k ▲2.1%
Operating result €111k, net result €334k, both a record.
06-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
2020
31-12
Financial Equity above €2MEq €2.32M ▲16.4%
3 profitable years in a row build equity to €2.32M.
28-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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
Registered office, Brasschaat · 1 establishment unit since 1999
establishment The establishment unit on the map
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.

Kerkedreef 382930 Brasschaat
Ground area
2,651 m²
Building footprint
396 m²
Volume, LiDAR
1,684 m³
Parcel 11322C0076/00M002, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M.M.P.
Kerkedreef 38, 2930 BrasschaatInsurance, reinsurance and pension funding, except compulsory social security
since 19992.091.308.320
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322C0076/00M002 Flanders 2,651 m² 1 · 396 m² 8.6 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 440 EUR awarded · 440 EUR paid
Year Entries awardedpaid
2024 1 440 EUR440 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 440 EUR · 440 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 38,408 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded14-04-1999
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.