M&M PROPERTIES
ActiveSummary
The computed 12-month bankruptcy probability of M&M PROPERTIES is 4.2% (elevated). The 2024 annual accounts show negative equity (-€54,796) and a net result of -€56,417. Equity is shrinking by ~80.4% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
What stands out
Overview
Why 31- Limited track record- No NACE activity registered- Annual accounts: weaker financial profile- Negative equity- Filed more than 90 days lateShow the evidence
Checked score
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Signals
This company filed its last 3 accounts on average 125 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)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€56,417
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €1.1mLoss -€56,417Solvency -5.2%Liquidity 0.05
Financials · fiscal year 2024, micro schema
Trend over the years
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,167 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,403 | €44,025 | €58,617 | ▲ 33.1% |
| Other operating charges640/8 | €2,246 | €3,335 | €3,365 | ▲ 0.9% |
| Gross operating margin9900 | €15,033 | €81,702 | €35,918 | ▼ 56.0% |
| Operating profit (loss)9901 | -€23,616 | €34,341 | -€26,063 | ▼ 176% |
| Financial charges65/66B | €7,400 | €11,706 | €30,354 | ▲ 159% |
| Recurring financial charges65 | €7,400 | €11,706 | €30,354 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | -€31,015 | €22,636 | -€56,417 | ▼ 349% |
| Profit (loss) for the period9904 | -€31,015 | €22,636 | -€56,417 | ▼ 349% |
| Profit (loss) for the period to be appropriated9905 | -€31,015 | €22,636 | -€56,417 | ▼ 349% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.7m | €1.2m | €1.1m | ▼ 8.5% |
| Fixed assets21/28 | €0.6m | €1.1m | €1.0m | ▼ 5.3% |
| Tangible fixed assets22/27 | €0.6m | €1.1m | €1.0m | ▼ 5.4% |
| Land and buildings22 | €0.6m | €1.1m | €1.0m | ▼ 5.4% |
| Financial fixed assets28 | - | €0.01m | €0.01m | = |
| Current assets29/58 | €0.04m | €0.05m | €0.01m | ▼ 74.1% |
| Amounts receivable within one year40/41 | - | €0.03m | - | - |
| Other amounts receivable41 | - | €0.03m | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.03m | €0.01m | ▼ 49.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.7m | €1.2m | €1.1m | ▼ 8.5% |
| Equity10/15 | -€0.02m | €0.002m | -€0.05m | ▼ 3,481% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.03m | -€0.008m | -€0.06m | ▼ 673% |
| Amounts payable17/49 | €0.7m | €1.2m | €1.1m | ▼ 3.6% |
| Amounts payable after more than one year17 | €0.5m | €0.9m | €0.8m | ▼ 4.1% |
| Financial debts170/4 | €0.4m | €0.8m | €0.8m | ▼ 4.3% |
| Other amounts payable178/9 | €0.05m | €0.05m | €0.05m | = |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.3m | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | €0.02m | €0.04m | €0.03m | ▼ 1.2% |
| Trade debts44 | - | €0.002m | €0.002m | = |
| Suppliers440/4 | - | €0.002m | €0.002m | = |
| Other amounts payable47/48 | €0.2m | €0.2m | €0.3m | ▲ 6.4% |
| Accrued charges and deferred income492/3 | - | €0.02m | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,015 | €22,636 | -€56,417 | ▼ 349% |
| + Depreciation and write-downs630 | €36,403 | €44,025 | €58,617 | ▲ 33.1% |
| Operating cash flow (approximation) | €5,388 | €66,661 | €2,200 | ▼ 96.7% |
| Investment in fixed assets (approximation) | - | -€510,809 | €0 | ▲ 100% |
| Change in cash | - | -€17,354 | -€13,334 | ▲ 23.2% |
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
5 eventsLatest 28-01-2026
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Company details
Private limited company · founded 20-09-2021Year ends 31-12Peppol not found1 site
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0396/00K002 | Flanders | 95 m² | 1 · 60 m² | - |
Linked by address, not proof of ownership
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