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MM CONCEPT

Bankruptcy
Private limited company (pre-2019)founded 2016KBO/BCE: BE 0659.867.442

The KBO register records for MM CONCEPT the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show equity of €22k and a net result of €23k.

Checked score

Score 2018
15 / 100
Critical
The score combines four axes. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency94
Growth-
Stability0
Credit verdict
No credit on open account
Liquidity ample (current ratio 3.14), but 55.9% of the assets are financed with debt.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 03-10-2019, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2018, micro schema

Equity
€22k
Total assets
€50k
Net result
€23k
Working capital
€32k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €50k
Fixed assets €4k
Current assets €46k
Equity and liabilities €50k
Equity €22k
Debt €28k
Debt finances 55.9% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€34k
Cash flow
€24k
Solvency
44.1%
Current ratio
3.14
Quick ratio
3.14
ROE
106.3%
ROA
46.9%
Debt
€28k
Debt ≤ 1 year
€15k
Income taxes
€11k
Filed annual accounts
As filed with the NBB · 2018
Balance sheet Code2018
Assets
Total assets20/58€50k
Fixed assets21/28€4k
Tangible fixed assets22/27€4k
Current assets29/58€46k
Amounts receivable within one year40/41€46k
Cash at bank and in hand54/58€9
Equity and liabilities
Total equity and liabilities10/49€50k
Equity10/15€22k
Contributions10/11€19k
Profit (loss) carried forward14€3k
Amounts payable17/49€28k
Amounts payable within one year42/48€15k
Trade debts44€4k
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€933
Gross operating margin9900€34k
Operating profit (loss)9901€33k
Recurring financial income75€1k
Recurring financial charges65€102
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€11k
Profit (loss) for the period9904€23k
Profit (loss) for the period to be appropriated9905€23k

Download as CSV

Timeline · acts, filings and financial milestones

2019
03-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2016
exact location from the address register On OpenStreetMap
Ground area
965 m²
Building footprint
160 m²
Volume, LiDAR
699 m³
Parcel 23079B0179/00M000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MM CONCEPT
Other construction installation
since 20162.256.084.891
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23079B0179/00M000 Flanders 965 m² 1 · 160 m² 6.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,482 companies in sector 56210 we hold annual accounts for 2,428. 1,842 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded25-07-2016
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.