Losses
-€18,127 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MAMO
Lifetime
13 annual accounts with figures on one time axispeak of €263,179 in 2016
€97,359▼ 27.6%
lowest -€99,687 in 2013
-€13,989▼ €9,850
peak of €344,058 in 2023
€325,931▼ 4.1%
€1.7m▼ 5.2%
Board4 names since 2012
2 directors and 1 other
Owners
50%
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €134,389 to €97,359Loss of €13,989Cash from €10,014 to €42,712
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,424 companies had the same profile as MAMO has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,424 companies, not a prediction for MAMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 01-07-2016
Director, since 01-01-2024
- 50%equity €12.8m (2025) · 2025 annual accounts of
Recent changes
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Kortrijk
Environmental permit refused
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Kortrijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0846583534
New director
appointed, resigned · Permanent representative: · Director discharge: (director (not named in the articles)) · General meeting of 01-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAMO Koksijde | €2.0m | €97,359 | 16.1% | - |
| GOVAR INVEST Ardooie | €1.9m | €93,527 | 76.1% | 0 |
| IMMO MARMA Ternat | €1.9m | €104,694 | 87.5% | - |
| KB & BB Lochristi | €2.1m | €103,297 | 55.8% | - |
| SINAB Waterloo | €2.1m | €101,460 | 38.2% | - |
| V&V INVEST Diepenbeek | €2.0m | €117,191 | 11.7% | - |
| INTERNATIONAL DEVELOPMENT & INVESTMENT Aubange | €1.9m | €86,812 | -0.7% | - |
These companies have the same main activity as MAMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.9m and €2.1m, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 14-06-2012Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 2 others
- Establishment unit
- 2.210.355.3318670 Koksijde, since 20-06-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 15-05-2025
Annual accounts 2025
- ≈ €130,000estimated
- €2.0m▼ 5.1%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on MAMO
MAMO files the micro format. That format states no turnover. The gross margin rose from -€25,223 in 2013 to €97,359 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAMO
- What is the company number of MAMO?
- The company number of MAMO is 0846.583.534. The VAT number is the same number with BE in front: BE 0846.583.534.
- Where is MAMO based?
- The registered office is at Witte Burg 52, 8670 Koksijde.Company details
- What does MAMO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of MAMO?
- MAMO is a private limited company (BV).
- When was MAMO founded?
- MAMO was founded on 14-06-2012.
- Is MAMO still active?
- Yes, MAMO is an active enterprise in the KBO register.
- What is the turnover of MAMO?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €97,359 and 45 comparable companies (NACE 682). It probably lies between €110,000 and €160,000.Financials
- Is MAMO profitable?
- In financial year 2025, MAMO made a loss of €13,989.
- Where can I find the annual accounts of MAMO?
- MAMO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAMO due?
- MAMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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