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Complete company report
Generated 29-07-2026
Active BE 0465.742.629Private limited company (pre-2019)Open bankruptcy

MM CONSTRUCT

· 27 yrs active
Conclusion Checked

A bankruptcy procedure is open for MM CONSTRUCT according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €55k and a net result of €-2k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €55k
Net result €-2k
Active 27 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency63Growth52Stability0
23 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 63
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 10-10-2022 with the NBB · fiscal year 2020 · volledig
€-20k€0€20k€40kOperating result 2018: €-13k€-13kNet result 2018: €33k€33kOperating result 2019: €5k€5kNet result 2019: €37k€37kOperating result 2020: €769€769Net result 2020: €-2k€-2k201820192020
Operating resultNet result
EBITDA
€1k
-81.6% 18-20
Net profit
€-2k
- 18-20
Cash flow
€-2k
- 18-20
Total assets
€181k
+5.5% 18-20
Equity
€55k
-3.9% 18-20
Working capital
€72k
+5.1% 18-20
Income taxes
€-839
- 18-20
Debt
€126k
+10.2% 18-20
Debt ≤ 1y
€107k
+12.3% 18-20
Debt > 1y
€19k
0.0% 18-20
Current ratio
1.67
-2.6% 18-20
Quick ratio
1.67
-2.6% 18-20
Solvency
30.3%
-8.9% 18-20
Debt / equity
2.30
+591.1% 18-20
ROE
-4.0%
- 18-20
ROA
-1.2%
- 18-20
Interest coverage
0.36
- 18-20
Figures by fiscal year
Fiscal year2020
Revenue-
EBITDA€1k
Net profit€-2k
Cash flow€-2k
Staff costs-
Income taxes-
Dividends-
Total assets€181k
Equity€55k
Debt€126k
of which ≤ 1y€107k
of which > 1y€19k
Working capital€72k
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.67
Quick ratio1.67
Working capital ratio39.5%
Solvency30.3%
Debt / equity2.30
Long-term debt ratio0.35
Interest coverage0.36
Gross margin-
Net margin-
ROA-1.2%
ROE-4.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€181k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€179k
Amounts receivable within one year 40/41€179k
Cash & bank 54/58€48
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€181k
Equity 10/15€55k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€34k
Amounts payable 17/49€126k
Amounts payable after one year 17€19k
Amounts payable within one year 42/48€107k
Trade debts payable within one year 44€53k
Income statement
Gross operating margin 9900€12k
Operating result 9901€769
Financial charges 65€3k
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator SVEN DE MAESENEER
PEGASUSLAAN 5, 1831 DIEGEM-
 20-05-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation30-03-1999
StatusActive
Postal code-
First BS signal 26-05-2025
Latest BS signal 26-05-2025
Company structure, linked entities1 linked entities
MM CONSTRUCTBE 0465.742.629SVEN DE MAESENEERReceiver
Mandates
Establishment units 1 location
MM CONSTRUCT
Zagen en schaven van hout
since 19992.091.102.442
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0045/00V002 Flanders 1.2 ha 1 · 3,085 m² 12.5 m · 2 fl.
25110A0620/00_000 Wallonia 183 m² 1 · 53 m² 11.2 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-05-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · MM CONSTRUCT BV EXCEL- SIORLAAN 10/A, 1930 ZAVENTEM · event 20-05-2025
2023
02-03-2023
State Gazette act Director changes
2022
10-10-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2021
10-02-2021
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2020
09-10-2020
NBB filing Annual accounts filed
fiscal year 2018 · volledig
10-02-2020
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
21-12-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
24-09-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
10-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
18-06-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
22-10-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
26-09-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
Lifecycle & Insolvency Signals 1 events
26-05-2025
Bankruptcy Opening
Date: 20-05-2025 · Ondernemingsrechtbank Brussel · MM CONSTRUCT BV EXCEL- SIORLAAN 10/A, 1930 ZAVENTEM · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-26 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
02-03-2023 2 directors appointed, 4 resigning Director changes
  • DE SOUSA BASTOS Fabio Daniel, Bestuurder
  • BOUMAAZA Faical, Gedelegeerd bestuurder
  • PINTO Ismael, Gérant
  • ENNAOU:Bachir, Associé
  • MARTINS DEOLIVEIRA Manuel Antonio, Associé
  • RODRIGUES PINTO Simao, Associé
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR MM CONSTRUCT
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative