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MM DERM

Active
Private limited companyfounded 20242 yrs activeWinston Churchilllaan 84, 1180 Ukkel, BelgiumKBO/BCE: BE 1010.372.685
Summary

MM DERM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,895 and a net result of €68,733. Its solvency ranks better than 35% of 16810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency70▲+70
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.17 against 0.64 in 2024; short-term debt: 22.5% and cash: 34% of total assets), but 55.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.8%
Return on assets
50.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 d early
2024
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

MM DERM was incorporated on 14 June 2024 as a Private limited company.1 The registered office was moved to Ukkel in 2026.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 06-08-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€60,895
2024 · -€7,838
Total assets
€135,831▲ 844%
2024 · €14,383
Net result
€68,733
2024 · -€22,838
Working capital
€35,944
2024 · -€7,900
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€22,802-€82,480
Net result-€22,838below the sector's middle half-€68,733within the sector's middle half
Equity-€7,838below the sector's middle half-€60,895within the sector's middle half
Total assets€14,383below the sector's middle half-€135,831within the sector's middle half▲ 844%
Debt€22,221-€74,936▲ 237%
Working capital-€7,900below the sector's middle half-€35,944within the sector's middle half
Solvency-54.5%below the sector's middle half-44.8%within the sector's middle half▲ 99.3pp
Current ratio0.64below the sector's middle half-2.17within the sector's middle half▲ 1.53
Return on assets (ROA)-158.8%below the sector's middle half-50.6%above the sector's middle half▲ 209.4pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2024: -€22,802-€22,802Net result 2024: -€22,838-€22,838Operating result 2025: €82,480€82,480Net result 2025: €68,733€68,73320242025-€50,000€0€50,000€100,000Operating result 2024: -€22,802-€22,800Net result 2024: -€22,838-€22,800Operating result 2025: €82,480€82,500Net result 2025: €68,733€68,70020242025
The operating result returns to profit in 2025: €82,480 after a loss of €22,802 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135,831
Fixed assets €69,292 ▲ 112,278%
Current assets €66,539 ▲ 365%
Equity and liabilities €135,831
Equity €60,895
Debt €74,936
Debt finances 55.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86,164
Cash flow
€72,418
Debt to equity
1.23▲
2024 · -2.84
ROE
112.9%
Interest coverage
111.84
Debt ≤ 1 year
€30,595▲
2024 · €22,221
Debt > 1 year
€44,341
Income taxes
€12,976
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,383€135,831▲
Fixed assets21/28€62€69,292▲
Tangible fixed assets22/27-€69,231
Furniture and vehicles24-€58,631
Other tangible fixed assets26-€10,600
Financial fixed assets28€62€62=
Current assets29/58€14,321€66,539▲
Amounts receivable within one year40/41€1,198€1,777▲
Trade receivables40€1,198€1,777▲
Cash at bank and in hand54/58€10,373€46,232▲
Deferred charges and accrued income490/1€2,750€18,530▲
Equity and liabilities
Total equity and liabilities10/49€14,383€135,831▲
Equity10/15-€7,838€60,895▲
Contributions10/11€15,000€15,000=
Reserves13-€45,895
Distributable reserves133-€45,895
Profit (loss) carried forward14-€22,838-
Amounts payable17/49€22,221€74,936▲
Amounts payable after more than one year17-€44,341
Financial debts170/4-€44,341
Amounts payable within one year42/48€22,221€30,595▲
Current portion of amounts payable after more than one year42-€10,892
Trade debts44€1,163€3,578▲
Suppliers440/4€1,163€3,578▲
Taxes, remuneration and social security45-€12,976
Taxes450/3-€12,976
Other amounts payable47/48€21,058€3,149▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,684
Other operating charges640/8-€6,648
Gross operating margin9900-€22,802€92,811▲
Operating profit (loss)9901-€22,802€82,480▲
Financial charges65/66B€37€770▲
Recurring financial charges65€37€770▲
Profit (loss) for the period before taxes9903-€22,838€81,709▲
Income taxes67/77-€12,976
Profit (loss) for the period9904-€22,838€68,733▲
Profit (loss) for the period to be appropriated9905-€22,838€68,733▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,838€45,895▲
Profit (loss) brought forward from the previous period14P--€22,838
Transfer to equity691/2-€45,895
To other reserves6921-€45,895

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,684-
Other operating charges640/8-€6,648-
Gross operating margin9900-€22,802€92,811▲ 507%
Operating profit (loss)9901-€22,802€82,480▲ 462%
Financial charges65/66B€37€770▲ 2,011%
Recurring financial charges65€37€770▲ 2,011%
Profit (loss) for the period before taxes9903-€22,838€81,709▲ 458%
Income taxes67/77-€12,976-
Profit (loss) for the period9904-€22,838€68,733▲ 401%
Profit (loss) for the period to be appropriated9905-€22,838€68,733▲ 401%
Line20242025Change
Assets
Total assets20/58€14,383€135,831▲ 844%
Fixed assets21/28€62€69,292▲ 112,278%
Tangible fixed assets22/27-€69,231-
Furniture and vehicles24-€58,631-
Other tangible fixed assets26-€10,600-
Financial fixed assets28€62€62=
Current assets29/58€14,321€66,539▲ 365%
Amounts receivable within one year40/41€1,198€1,777▲ 48.3%
Trade receivables40€1,198€1,777▲ 48.3%
Cash at bank and in hand54/58€10,373€46,232▲ 346%
Deferred charges and accrued income490/1€2,750€18,530▲ 574%
Equity and liabilities
Total equity and liabilities10/49€14,383€135,831▲ 844%
Equity10/15-€7,838€60,895▲ 877%
Contributions10/11€15,000€15,000=
Reserves13-€45,895-
Distributable reserves133-€45,895-
Profit (loss) carried forward14-€22,838--
Amounts payable17/49€22,221€74,936▲ 237%
Amounts payable after more than one year17-€44,341-
Financial debts170/4-€44,341-
Amounts payable within one year42/48€22,221€30,595▲ 37.7%
Current portion of amounts payable after more than one year42-€10,892-
Trade debts44€1,163€3,578▲ 208%
Suppliers440/4€1,163€3,578▲ 208%
Taxes, remuneration and social security45-€12,976-
Taxes450/3-€12,976-
Other amounts payable47/48€21,058€3,149▼ 85.0%
Line20242025Change
Profit (loss) for the period9904-€22,838€68,733▲ 401%
+ Depreciation and write-downs630-€3,684-
Operating cash flow (approximation)-€22,838€72,418▲ 417%
Investment in fixed assets (approximation)--€72,915-
Change in cash-€35,859-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-08
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 01-05-2026
  • Registered-office move, Winston Churchilllaan 84, 1180 Ukkel
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €68,733
Net result €68,733 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.17
Current ratio from 0.64 to 2.17.
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
859 m²
Building footprint
349 m²
Volume, LiDAR
6,535 m³
Parcel 21618B0277/02P004, Brussels · tallest building 22.8 m, ±7 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
MM DERM
Winston Churchilllaan 84, 1180 UkkelSpecialist medical practice
since 20242.360.623.276
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21618B0277/02P004
ProtectedMonumentHuis 't BiekenSource ↗
Brussels 859 m² 1 · 349 m² 22.8 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 16,627 companies in sector 86220 we hold annual accounts for 7,988. 5,439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010372685
Registered 10-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.