Equity
-€96,222
Debts exceed assets in financial year 2024.
MEMMO
Lifetime
9 annual accounts with figures on one time axispeak €39,550 (2024)
€39,550▲ 7.3%
lowest -€21,197 (2018)
-€5,411▲ €6,156
peak €3,470 (2016)
-€96,222▼ €5,411
€480,704▼ 4.4%
Board1 name since 2015
-
Documentsfilings and deeds
18-06-202512 days before the deadline
2024micro format
Gross margin from €29,928 to €34,374Loss of €5,411
Key points
from the 2024 annual accountsLosses
-€114,822 in nine years
Every financial year from 2016 to 2024 closed with a loss. 2018 was the heaviest.
Debts
€480,704 125% of the balance sheet
Financial debts 62%Suppliers 0%Other 38%
Of this, €184,882 falls due within a year.
Payment terms
74 days to suppliers
MEMMO pays its suppliers 68 days later than in 2023.
Filings
9 annual accounts 136 days past the deadline
2025 accounts not filed: deadline was 30-06-2026.
At the same address
7 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as MEMMO has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
Another 0.8% 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 2,333 companies, not a prediction for MEMMO. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardManager, last mentioned in 2015
- founderdeed of 15-07-2015
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0633762168
Registered office moved from Brussels to Ixelles
New registered office: 7 Chaussée de Vleurgat, 1050 Ixelles · Previous registered office: Boulevard Anspach 5- 1000 Bruxelles · General meeting of 01-11-2017 · Gazette deed
Incorporation
Founder: · Founding capital of €18,600, 100 shares · Appointment: (sole manager) · published on 15-07-2015 · Gazette deed
First establishment
Vleurgatse Steenweg 7, Ixelles
Official details
Source: KBO- Status
- Active since 13-07-2015Normal situation
- Activity
- “L’achat,la vente,la revente,l’échange,le courtage,le lotissement,la mise en valeur,la construction,la rénovation,la décoration intérieure,la démolition,la transformation,l’aménagement,l’exploitation,la…” (deed in French)From the articles, 16 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.245.458.4431050 Ixelles, since 13-07-2015
- Financial year end
- 30 November
- Peppol
- Reachable since 02-01-2026
Insights on MEMMO
MEMMO has existed since 2015. Turnover grew from €10,000 in 2016 to €39,550 in 2024.
Turnover has grown every year since 2016.
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 MEMMO
- What is the company number of MEMMO?
- The company number of MEMMO is 0633.762.168. The VAT number is the same number with BE in front: BE 0633.762.168.
- Where is MEMMO based?
- The registered office is at Vleurgatse Steenweg 7, 1050 Ixelles.Company details
- What is the legal form of MEMMO?
- MEMMO is a private limited company (pre-2019) (BVBA).
- When was MEMMO founded?
- MEMMO was founded on 13-07-2015.
- Is MEMMO still active?
- Yes, MEMMO is an active enterprise in the KBO register.
- What is the turnover of MEMMO?
- The turnover of MEMMO was €39,550 in financial year 2024, according to the filed annual accounts.Financials
- Is MEMMO profitable?
- In financial year 2024, MEMMO made a loss of €5,411.
- Where can I find the annual accounts of MEMMO?
- MEMMO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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