MF SUMER
ActiveSummary
MF SUMER has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,650) and a net result of €3,043. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 5,709 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-03-2016 Normal situation
- Activity
- Hairdressing and barber services NACE 96210
- Establishment unit
- 2.257.878.995 2640 Mortsel, since 16-04-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €3,765
- ▼ 78.0%
- Turnover
- ≈ €25,000
- estimated
- Profit
- €3,043
- ▼ 74.0%
- Equity
- -€5,650
- ▲ 35.0%
- Total assets
- €9,165
- ▼ 25.6%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€5,650lowers riskSize: total assets €9,165Liquidity: current ratio 0.62, cash €9,052Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 11% of them on solvency, 47% on liquidity, 93% on profitability and 76% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472765.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 9 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 73% lower than in 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,366 | - | - | - |
| Depreciation and write-downs of the year | - | €119 | €455 | €451 | €341 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as MF SUMER: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €8,350 and €10,800, founded between 2013 and 2017.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| MF SUMER Mortsel | 2016 | €9,165 | -€5,650 | €3,765 | €3,043 | 2025 |
| SISTER B Verviers | 2016 | €10,382 | -€26,960 | €3,845 | -€8,828 | 2025 |
| ERIK KAPPER Gent | 2017 | €8,346 | €4,467 | €3,085 | €397 | 2025 |
| LINA CONCEPT Ganshoren | 2015 | €8,713 | €2,484 | €4,680 | €1,565 | 2025 |
| STUDIO H Brussel | 2017 | €9,350 | €2,010 | €2,907 | €1,735 | 2025 |
| MAGIC HANDS Brussel | 2014 | €9,650 | €3,623 | €3,202 | €3,197 | 2025 |
| Fame Mol | 2013 | €10,803 | -€5,693 | €3,912 | €1,962 | 2025 |
They were chosen from the 3,277 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 3,632 companies had the same profile as MF SUMER has now. Two years later, 2.9% had gone bankrupt and 91.9% were still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MF SUMER itself is lower: 0.6% within 12 months. It rests on far more data about MF SUMER than the profile alone.
Test of the method
The method was tested on the 497,445 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,632 companies, not a prediction for MF SUMER. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €46,798 | €47,700 | €13,307 | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €2,875 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €17,231 | €4,773 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,863 | - | - | - | €119 | €455 | €451 | €341 | ▼ 24.3% |
| Other operating charges640/8 | - | - | - | €101 | €198 | €109 | €118 | €310 | ▲ 163% |
| Gross operating margin9900 | €24 | €17,952 | -€11,018 | €867 | €9,037 | €33,438 | €17,089 | €3,765 | ▼ 78.0% |
| Operating profit (loss)9901 | -€24,936 | -€1,976 | -€26,570 | €766 | €8,721 | €15,642 | €11,747 | €3,114 | ▼ 73.5% |
| Financial charges65/66B | - | - | - | €35 | €47 | €46 | €46 | €71 | ▲ 52.2% |
| Recurring financial charges65 | €18 | €18 | €272 | €35 | €47 | €46 | €46 | €71 | ▲ 52.2% |
| Profit (loss) for the period before taxes9903 | -€24,953 | -€1,994 | -€26,841 | €731 | €8,674 | €15,596 | €11,701 | €3,043 | ▼ 74.0% |
| Profit (loss) for the period9904 | -€24,953 | -€1,994 | -€26,841 | €731 | €8,674 | €15,596 | €11,701 | €3,043 | ▼ 74.0% |
| Profit (loss) for the period to be appropriated9905 | -€24,953 | -€1,994 | -€26,841 | €731 | €8,674 | €15,596 | €11,701 | €3,043 | ▼ 74.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €21,186 | €448 | €6,212 | €13,133 | €4,243 | €9,442 | €12,312 | €9,165 | ▼ 25.6% |
| Fixed assets21/28 | - | - | - | - | €1,247 | €792 | €341 | - | - |
| Tangible fixed assets22/27 | - | - | - | - | €1,247 | €792 | €341 | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,247 | €792 | €341 | - | - |
| Current assets29/58 | €21,186 | €448 | €6,212 | €13,133 | €2,996 | €8,650 | €11,971 | €9,165 | ▼ 23.4% |
| Amounts receivable within one year40/41 | €17,355 | €133 | €200 | €260 | €377 | €377 | €562 | €113 | ▼ 79.9% |
| Trade receivables40 | - | - | - | - | - | - | €186 | €113 | ▼ 39.1% |
| Other amounts receivable41 | - | - | - | €260 | €377 | €377 | €377 | - | - |
| Cash at bank and in hand54/58 | €3,831 | €315 | €6,011 | €12,873 | €2,619 | €8,273 | €11,409 | €9,052 | ▼ 20.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €21,186 | €448 | €6,212 | €13,133 | €4,243 | €9,442 | €12,312 | €9,165 | ▼ 25.6% |
| Equity10/15 | -€27,265 | -€29,258 | -€56,100 | -€44,663 | -€35,989 | -€20,394 | -€8,693 | -€5,650 | ▲ 35.0% |
| Contributions10/11 | €7,895 | €7,895 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€35,160 | -€37,153 | -€63,995 | -€63,263 | -€54,589 | -€38,994 | -€27,293 | -€24,250 | ▲ 11.1% |
| Amounts payable17/49 | €48,451 | €29,706 | €62,311 | €57,796 | €40,232 | €29,836 | €21,005 | €14,815 | ▼ 29.5% |
| Amounts payable within one year42/48 | €48,451 | €29,706 | €62,311 | €57,796 | €40,232 | €29,836 | €21,005 | €14,815 | ▼ 29.5% |
| Trade debts44 | €3,932 | €3,603 | €4,875 | €6,483 | €4,036 | €8,612 | €5,217 | €93 | ▼ 98.2% |
| Suppliers440/4 | - | - | - | €6,483 | €4,036 | €8,612 | €5,217 | €93 | ▼ 98.2% |
| Taxes, remuneration and social security45 | - | - | - | €16,591 | €1,778 | €2,008 | €3,037 | €2,790 | ▼ 8.1% |
| Taxes450/3 | - | - | - | €135 | €1,521 | €1,401 | €2,409 | €2,574 | ▲ 6.8% |
| Remuneration and social security454/9 | - | - | - | €16,456 | €256 | €608 | €629 | €216 | ▼ 65.6% |
| Other amounts payable47/48 | - | - | - | €34,722 | €34,418 | €19,216 | €12,751 | €11,932 | ▼ 6.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,953 | -€1,994 | -€26,841 | €731 | €8,674 | €15,596 | €11,701 | €3,043 | ▼ 74.0% |
| + Depreciation and write-downs630 | €24,863 | - | - | - | €119 | €455 | €451 | €341 | ▼ 24.3% |
| Operating cash flow (approximation) | -€90 | -€1,994 | -€26,841 | €731 | €8,792 | €16,051 | €12,152 | €3,384 | ▼ 72.1% |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | €0 | - | - |
| Change in cash | - | -€3,516 | €5,697 | €6,861 | -€10,254 | €5,655 | €3,135 | -€2,356 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00472765 | NBB |
| 31-12-2024 | micro format | 08-12-2025 | 2025-00577562 | |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00394049 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00359391 | |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20229278 | |
| 31-12-2020 | micro format | 05-07-2021 | 2021-30800094 | |
| 31-12-2019 | micro format | 22-10-2020 | 2020-62900487 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68400018 | |
| 31-12-2017 | micro format | 19-09-2018 | 2018-64500295 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AL-TAIE Firas Shaker Mahmoud |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), geen beroep op de rechter open tegen weigering”
Articles of association, deed of 12-01-2024 (in Dutch)
Network & group
MF SUMER shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MF SUMER. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-01
Gazette deed
Change of role: AL-TAIE Firas Shaker Mahmoud, from manager to directorCapital conversion · Reserve release · Amendment of the articles11 points ▸
- General meeting, 27-12-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, AL-TAIE Firas Shaker Mahmoud (manager)
- Director appointment, AL-TAIE Firas Shaker Mahmoud (director (not named in the articles))
- Director discharge, AL-TAIE Firas Shaker Mahmoud
- Registered office clause, “2640 Mortsel, Antwerpsestraat 5, adres van de zetel is gevestigd te” (deed in Dutch)
- General meeting, “eenparigheid van stemmen, alle besluiten” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
28 activities
- Kapsalon (heren, vrouwen en kinderen)
- Verkoop van Cosmetische producten
- Aan – verkoop van Gsm, telefonieartikelen in het algemeen.
- Verkoop en aankoop, import en export, van textiel, en kledij voor heren, dames en kinderen, alsook schoenen, lederartikelen en reisartikelen.
- Verkoop en aankoop, import en export van juwelen, fantasiejuwelen en accessoria allerhande.
- Kuisen in de meest ruime zin van het woord, vensters, bureau, zowel privé als professioneel, express koerier, kapsalon, bloemenzaak, night shop;
- Import en export in de ruime zin van het woord alsook het uitbaten van een groothandelszaak.
- Alle voedingswaren zoals vlees, fruit, groenten, conserven, melkproducten, producten van de zee, vishandel, beenhouwerij, huishoudartikelen, cadeau artikelen, kruiden, specerijen, videotheekartikelen, verhuur van ontspanningartikelen, films en aanverwante artikelen, alle artikelen van textiel in het algemeen, diverse kleding, schoenen, schoenenmaker, slotenmaker, lederwaren in de breedste zin,
- Alle artikelen van parfumerie, toiletartikelen, cosmetica, schoonheidsartikelen, make-up, alsook zepen en detergenten;
- Alle bouwmaterialen, elektrisch en elektronisch materieel, materieel voor loodgieterij;
- Alle producten van handambacht, behangproducten, alsook artikelen van de Derde Wereld;
- Alle artikelen voor de tuin, bloemen, planten, tuinartikelen, inrichting en onderhoud van tuinen;
- Boeken, antiquiteiten, brokante, decoratie voorwerpen, industriële machines;
- Alle elektrische huishoudtoestellen, films, magnetische banden, cassettes, alle gedrukte artikelen of geregistreerde artikelen, en de artikelen die er de lezing, visie of auditie van toelaten;
- Bijstand in programmatie, informaticacursussen, bijstand voor hardware en software, raadgeving en bijstand inzake informatica, alle bureelmateriaal en materiaal van informatica.
- Algemene bouwbedrijven (schilderen, verbouwing, herstellingen, metsen, dakwerk, elektriciteitswerken);
- Atelier voor de fabricatie van producten voor brood bakkerij, banketbakkerij en bakkerij en van alle food en non-food producten
- Snackbar, brasseries, hotels, tavernes, theesalons, cafés, cabarets, discotheken, buffetten, openbare vestiaires, verhuring van plaatsen, organisatiezalen, zalen voor banket en traiteurdienst;
- Besteldienst, cyber café, Internet centrum, faxdiensten, telefonische cellen, fotokopiedienst, video, laboratorium voor de ontwikkeling van foto's, draaiatelier, rectificatie van mechanische stukken;
- Atelier voor confectie van kleren voor heren, dames en kinderen;
- Houthandel;
- Taxidiensten, expresdiensten, Car-Wash, stationservice ( voor brandstof zoals mazout, diesel, gas), carrosseriebouw, plaatijzerindustrie, garage met herstelatelier en groot- en kleinhandel in nieuwe voertuigen en occasies, afbraakatelier, onderhoud en takeldienst evenals de aankoop, verkoop, import, export en/of detailverkoop van nieuwe auto-onderdelen en tweedehands auto-onderdelen, alle soorten voertuigen, en alle bijhorigheden voor auto's; voertuigen zowel nieuw als tweedehands.
- Kapsalon; wassalons
- Bijstand aan algemene bouwondernemingen.
- Stedenbouwkundige werken, het ontwerpen van gebouwen,
- Verfwerken, metselwerken, werktuigkunde, elektriciteit, dakwerken; bouwmaterialen, elektrisch en elektronisch materiaal, materiaal voor sanitair en loodgieterij.
- Diensten en prestaties ten voordele van privé of commercieel cliënteel kunnen verrichten, zijnde reinigen van ruiten, vensters en burelen, kantoordiensten, interim-diensten, onderaanneming;
- Alle algemene handelingen kunnen uitvoeren die direct of indirect verband houden met de handel, de productie, het verhuur, de aankoop, verkoop in groot of kleinhandel, vertegenwoordiging, distributie, diensten, verpakkingen, makelaardij, import en export, voor eigen rekening of voor rekening van een derde, internationaal transport van goederen en van personen, voor eigen rekening en voor rekening van een derde.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11513C0107/00R000 | Flanders | 51 m² | 1 · 71 m² | 14.1 m · 4 |