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MFM BOULANGERIE

Active
Private limited companyfounded 2015active for 11 yearsMaria-Christinastraat 77, 1020 Brussel, BelgiumKBO/BCE: BE 0600.928.757
Summary

The computed 12-month bankruptcy probability of MFM BOULANGERIE is 1.8% (moderate). The 2024 annual accounts show equity of €62,991 and a net result of €16,864. Equity has been growing by about 46% per year since 2018. Its solvency ranks better than 86% of 25,563 sector peers (NACE 47, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 12-03-2015 Normal situation
Activity
Retail sale of bread and pastry (bakery outlets) NACE 47241and 1 other
Establishment unit
2.242.193.701 1020 Brussel, since 12-03-2015
Financial year end
31 December
Peppol
Reachable since 02-04-2026

Board and ownership

Board
Shareholders
  • Ben Abdelhadi Hamidact of 02-03-2026
  • Jadroune El Amfaddalact of 02-03-2026
  • Jadroune Aliact of 02-03-2026

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2024
Turnover
€191,660
▼ 20.9%
Profit
€16,864
▼ 54.5%
Equity
€62,991
▲ 36.6%
Total assets
€81,891
▲ 15.3%
Staff
≈ 0.1 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 175 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 24-01-2026)lowers riskLiquidity: current ratio 3.72, cash €49,874Equity €62,991 (76.9% of total assets)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 78% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Strong
Solvency 100+10
equity 76.9% of total assets
Liquidity 92+22
short-term debt 23.1% · cash 60.9%
Profitability 84-16
return on assets 20.6%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%▼ -0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.6%▲ +0.8 percentage points vs 09-2025 11-2025: 2.7%▲ +0.1 percentage points vs 10-2025 12-2025: 4.3%▲ +1.6 percentage points vs 11-2025 01-2026: 6.1%▲ +1.8 percentage points vs 12-2025highest value 02-2026: 0.9%▼ -5.2 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 1.0%▲ +0.2 percentage points vs 07-2026 09-2026: 1.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.8%▲ +0.7 percentage points vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 3.72 (2.69 in 2023), above the usual 1.5. Short-term debt is 23.1% and cash 60.9% of total assets. 23.1% of the assets are financed with debt and provisions.
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 47, micro). It does better than 92% of them on solvency, 92% on liquidity, 78% on profitability and 49% on growth.

The bankruptcy probability was computed on 04-11-2026 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 175 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 3.72, cash €49,874
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 24-01-2026)
NBB · annual accounts
lowers risk · Equity €62,991 (76.9% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 175 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-01-2026, 175 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
175 days late
2023
75 days late
2022
65 days late
2021
31 days early
2020
121 days late
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 85 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 85% of companies in retail tradesector median 32.2% · 25,563 companies 76.9% View
  • New directorlatest change 11-02-2026 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Ben Abdelhadi Hamid (director)Transfer of shares from Jadroune El Amfaddal to Ben Abdelhadi Hamid · Ben Abdelhadi Hamid holds 50 shares · Jadroune El Amfaddal is a shareholder
  2. · Gazette deed Change of role: JADROUNE Ali, from manager to directorDirector discharge: JADROUNE Ali
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as MFM BOULANGERIE: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €66,800 and €101,000, founded between 2014 and 2018.

CompanyTotal assetsGross margin
MFM BOULANGERIE Brussel€81,891€23,141
PL ACTIO Charleroi€72,392€22,152
Broodjeshuis Dubois De Panne€90,510€21,858
CELIK PRODUCTION Sint-Joost-ten-Node€66,765€26,325
LA PETITE BRIOCHE Watermaal-Bosvoorde€101,216€19,889
Ankawa Lokeren€71,124€28,072
SADRI Antwerpen€72,634€17,625
Full comparison

Key facts about MFM BOULANGERIE

What is the company number of MFM BOULANGERIE?
The company number of MFM BOULANGERIE is 0600.928.757. The VAT number is the same number with BE in front: BE 0600.928.757.
Where is MFM BOULANGERIE based?
The registered office is at Maria-Christinastraat 77, 1020 Brussel.Company details
What does MFM BOULANGERIE do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of MFM BOULANGERIE?
The legal form of MFM BOULANGERIE is Private limited company (BV).
When was MFM BOULANGERIE founded?
MFM BOULANGERIE was founded on 12-03-2015.
Is MFM BOULANGERIE still active?
Yes, MFM BOULANGERIE is an active enterprise in the KBO register.
What is the turnover of MFM BOULANGERIE?
The turnover of MFM BOULANGERIE was €191,660 in financial year 2024, according to the filed annual accounts.Financials
Is MFM BOULANGERIE profitable?
In financial year 2024, MFM BOULANGERIE made a profit of €16,864.
Where can I find the annual accounts of MFM BOULANGERIE?
MFM BOULANGERIE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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