MM Develop II
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
MM Develop II has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€71,725) and a net result of -€133,225. Its solvency ranks better than 13% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 27-08-2024 Normal situation
- Registered office
- 13 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.363.842.587 9850 Deinze, since 27-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 25-08-2025
Board and ownership
- BMH MESTDAGHDirector · since 26-08-2024 · permanent representative MESTDAGH Bruno
- DEMUYNCK DavyDirector · since 26-08-2024
- PROSPECTUMDirector · since 26-08-2024 · permanent representative MERVIELDE Kevin
- VANFLETEREN KristofDirector · since 26-08-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€129,229
- Loss
- €133,225
- Equity
- -€71,725
- Total assets
- €11.6m
Score breakdownraises riskCapped at 59: negative equityNegative equity -€71,725lowers riskSize: total assets €11.6mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 28-04-2026)Show the evidence
Checked score
Fewer than 1 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 68, medium-sized). It does better than 12% of them on solvency, 8% on liquidity and 32% on profitability.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Key points
Comparable companies
These companies have the same main activity as MM Develop II: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.7m and €11m, founded between 2022 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| MM Develop II Deinze | €11.6m | -€0.1m |
| DECOVEMA Hasselt | €9.2m | -€0.002m |
| Botanica Sint-Truiden | €11.1m | -€88 |
| J.W.W. Kalmthout | €3.7m | -€77 |
| ARROM CONSTRUCT Ukkel | €6.6m | -€0.03m |
| BELYSIUM Lummen | €4.4m | -€0.001m |
| BIB Project Waregem | €3.9m | -€0.02m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-04-2026
Acts in the Belgian Official Gazette
- Incorporationact of 29-08-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1012.828.072
Key facts about MM Develop II
- What is the company number of MM Develop II?
- The company number of MM Develop II is 1012.828.072. The VAT number is the same number with BE in front: BE 1012.828.072.
- Where is MM Develop II based?
- The registered office is at Veldestraat 140, 9850 Deinze.Company details
- What does MM Develop II do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of MM Develop II?
- The legal form of MM Develop II is Public limited company (NV).
- When was MM Develop II founded?
- MM Develop II was founded on 27-08-2024.
- Is MM Develop II still active?
- Yes, MM Develop II is an active enterprise in the KBO register.
- What is the turnover of MM Develop II?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is MM Develop II profitable?
- In financial year 2025, MM Develop II made a loss of €133,225.
- Where can I find the annual accounts of MM Develop II?
- MM Develop II filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank
Next steps
See how customers, suppliers and banks see your own company and what to improve first.