MM LOGISTIC
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 10 September 2026
- Supervising judge
- Jean Pierre Riquet
- Official Gazette
- 16-09-2026 (pdf) ↗search the document for 2026/137753
Deadlines
- Appeal or third-party opposition until
- 1 October 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- 10 October 2026art. XX.104 and XX.155 CEL
- First verification report
- 22 October 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 10 September 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Virginie SalteurAvenue Du Centenaire 120, 1400 Nivellesvirginie.salteur@cc-lex.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
8 d early
2022
31 d late
2021
51 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Removal services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€224,316▲ 70.7%
2023 · €131,447
Working capital
€295,069▲ 6.1%
2023 · €277,995
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 49, Land transport and transport via pipelines, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€111,164€87,018▼ 21.7%€82,398▼ 5.3%€193,703▲ 135%€324,860▲ 67.7%
Net result€88,020above the sector's middle half€65,542above the sector's middle half▼ 25.5%€54,614above the sector's middle half▼ 16.7%€131,447above the sector's middle half▲ 141%€224,316above the sector's middle half▲ 70.7%
Equity€86,804within the sector's middle half€152,346above the sector's middle half▲ 75.5%€206,960above the sector's middle half▲ 35.8%€338,407above the sector's middle half▲ 63.5%€562,723within the sector's middle half▲ 66.3%
Total assets€251,359within the sector's middle half▲ 4,783%€323,510above the sector's middle half▲ 28.7%€417,837above the sector's middle half▲ 29.2%€555,422above the sector's middle half▲ 32.9%€1.3mwithin the sector's middle half▲ 127%
Debt€164,554▲ 2,486%€171,164▲ 4.0%€210,877▲ 23.2%€217,015▲ 2.9%€696,422▲ 221%
Working capital€48,964above the sector's middle half€110,026above the sector's middle half▲ 125%€159,655above the sector's middle half▲ 45.1%€277,995above the sector's middle half▲ 74.1%€295,069within the sector's middle half▲ 6.1%
Solvency34.5%within the sector's middle half▲ 58.2pp47.1%within the sector's middle half▲ 12.6pp49.5%within the sector's middle half▲ 2.4pp60.9%within the sector's middle half▲ 11.4pp44.7%within the sector's middle half▼ 16.2pp
Current ratio1.30within the sector's middle half▲ 0.621.75within the sector's middle half▲ 0.461.93within the sector's middle half▲ 0.183.12above the sector's middle half▲ 1.191.79within the sector's middle half▼ 1.33
Return on assets (ROA)35.0%above the sector's middle half▲ 216.6pp20.3%above the sector's middle half▼ 14.8pp13.1%within the sector's middle half▼ 7.2pp23.7%above the sector's middle half▲ 10.6pp17.8%above the sector's middle half▼ 5.9pp
Staff (FTE)11=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 68% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets
€592,707 ▲ 305%
Current assets
€666,437 ▲ 63.0%
Equity and liabilities €1.3m
Equity
€562,723 ▲ 66.3%
Debt
€696,422 ▲ 221%
Debt's share of the balance-sheet total rises from 39.1% to 55.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€417,490▲
2023 · €252,005
Cash flow
€316,946▲
2023 · €189,749
Debt to equity
1.24▲
2023 · 0.64
ROE
39.9%▲
2023 · 38.8%
Interest coverage
18.41▼
2023 · 20.53
Debt ≤ 1 year
€371,368▲
2023 · €130,960
Debt > 1 year
€325,053▲
2023 · €86,055
Income taxes
€77,962▲
2023 · €49,979
Staff costs
€53,500▲
2023 · €12,056
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €17,114 | €7,752 | €12,056 | €53,500 | ▲ 344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,998 | €20,253 | €37,495 | €58,302 | €92,630 | ▲ 58.9% |
| Other operating charges640/8 | - | €5,280 | €15,802 | €26,991 | €23,316 | ▼ 13.6% |
| Gross operating margin9900 | €125,603 | €129,665 | €143,446 | €291,051 | €494,306 | ▲ 69.8% |
| Operating profit (loss)9901 | €111,164 | €87,018 | €82,398 | €193,703 | €324,860 | ▲ 67.7% |
| Financial income75/76B | - | €1 | - | - | €98 | - |
| Recurring financial income75 | €136 | €1 | - | - | €98 | - |
| Financial charges65/66B | - | €929 | €4,323 | €12,277 | €22,680 | ▲ 84.7% |
| Recurring financial charges65 | €135 | €929 | €4,323 | €12,277 | €22,680 | ▲ 84.7% |
| Profit (loss) for the period before taxes9903 | €111,165 | €86,090 | €78,074 | €181,426 | €302,278 | ▲ 66.6% |
| Income taxes67/77 | €23,145 | €20,548 | €23,460 | €49,979 | €77,962 | ▲ 56.0% |
| Profit (loss) for the period9904 | €88,020 | €65,542 | €54,614 | €131,447 | €224,316 | ▲ 70.7% |
| Profit (loss) for the period to be appropriated9905 | €88,020 | €65,542 | €54,614 | €131,447 | €224,316 | ▲ 70.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €251,359 | €323,510 | €417,837 | €555,422 | €1.3m | ▲ 127% |
| Fixed assets21/28 | €37,840 | €67,374 | €87,130 | €146,467 | €592,707 | ▲ 305% |
| Tangible fixed assets22/27 | €37,840 | €65,874 | €85,630 | €144,967 | €591,207 | ▲ 308% |
| Plant, machinery and equipment23 | - | €14,936 | €10,905 | €12,840 | €112,207 | ▲ 774% |
| Furniture and vehicles24 | - | €12,110 | €49,133 | €30,501 | €96,508 | ▲ 216% |
| Leasing and similar rights25 | - | - | - | €89,271 | €382,492 | ▲ 328% |
| Other tangible fixed assets26 | - | €38,828 | €25,592 | €12,355 | - | - |
| Financial fixed assets28 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Current assets29/58 | €213,518 | €256,136 | €330,708 | €408,955 | €666,437 | ▲ 63.0% |
| Amounts receivable within one year40/41 | €144,246 | €206,452 | €241,698 | €194,785 | €515,479 | ▲ 165% |
| Trade receivables40 | - | €192,000 | €225,108 | €178,195 | €301,626 | ▲ 69.3% |
| Other amounts receivable41 | - | €14,452 | €16,590 | €16,590 | €213,853 | ▲ 1,189% |
| Current investments50/53 | €67,682 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €43,988 | €75,922 | €185,952 | €118,632 | ▼ 36.2% |
| Deferred charges and accrued income490/1 | - | €5,695 | €13,088 | €28,218 | €32,326 | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €251,359 | €323,510 | €417,837 | €555,422 | €1.3m | ▲ 127% |
| Equity10/15 | €86,804 | €152,346 | €206,960 | €338,407 | €562,723 | ▲ 66.3% |
| Contributions10/11 | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Outside capital11 | - | €18,750 | - | - | €18,750 | - |
| Other1109/19 | - | €18,750 | - | - | €18,750 | - |
| Reserves13 | €1,875 | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Non-distributable reserves130/1 | - | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Reserves not available under the articles1311 | - | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Profit (loss) carried forward14 | €66,179 | €131,721 | €186,335 | €317,782 | €542,098 | ▲ 70.6% |
| Amounts payable17/49 | €164,554 | €171,164 | €210,877 | €217,015 | €696,422 | ▲ 221% |
| Amounts payable after more than one year17 | - | €25,054 | €39,825 | €86,055 | €325,053 | ▲ 278% |
| Financial debts170/4 | - | €25,054 | €39,825 | €86,055 | €325,053 | ▲ 278% |
| Amounts payable within one year42/48 | €164,554 | €146,110 | €171,052 | €130,960 | €371,368 | ▲ 184% |
| Current portion of amounts payable after more than one year42 | - | €20,439 | €30,620 | €49,183 | €121,113 | ▲ 146% |
| Trade debts44 | €13,013 | €19,923 | €90,942 | €35,532 | €52,207 | ▲ 46.9% |
| Suppliers440/4 | - | €19,923 | €90,942 | €35,532 | €52,207 | ▲ 46.9% |
| Taxes, remuneration and social security45 | - | €60,416 | €11,538 | €43,968 | €183,301 | ▲ 317% |
| Taxes450/3 | - | €60,416 | €11,538 | €39,878 | €173,891 | ▲ 336% |
| Remuneration and social security454/9 | - | - | - | €4,091 | €9,410 | ▲ 130% |
| Other amounts payable47/48 | - | €45,332 | €37,953 | €2,277 | €14,748 | ▲ 548% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,020 | €65,542 | €54,614 | €131,447 | €224,316 | ▲ 70.7% |
| + Depreciation and write-downs630 | €12,998 | €20,253 | €37,495 | €58,302 | €92,630 | ▲ 58.9% |
| Operating cash flow (approximation) | €101,017 | €85,795 | €92,108 | €189,749 | €316,946 | ▲ 67.0% |
| Investment in fixed assets (approximation) | - | -€49,787 | -€57,250 | -€117,639 | -€538,870 | ▼ 358% |
| Change in cash | - | - | €31,934 | €110,030 | -€67,320 | ▼ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 10-09-2026
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
31-12
Financial
Highest result since 2018net €224,316 ▲70.7%
Operating result €324,860, net result €224,316, both a record.
31-12
Financial
Equity above €500,000Eq €562,723 ▲66.3%
5 profitable years in a row build equity to €562,723.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €200,000Eq €206,960 ▲35.8%
3 profitable years in a row build equity to €206,960.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial
Equity above €150,000Eq €152,346 ▲75.5%
2 profitable years in a row build equity to €152,346.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €88,020
Net result €88,020 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 44 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 232 days late
2017
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 32 days late
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tubize · 1 establishment unit since 1994
Ground area
7,206 m²
Building footprint
3,056 m²
Volume, LiDAR
590 m³
2 parcels, Brussels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MM LOGISTIC
since 19942.174.296.471
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105A0520/00B000 | Wallonia | 7,038 m² | 1 · 2,983 m² | - |
| 21001A0402/00H002 | Brussels | 168 m² | 1 · 73 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR Avenue Du Centenaire 120, 1400 Nivelles |
10-09-2026 → present |
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Of 999 companies in this sector we hold annual accounts for 450. 252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded06-04-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452477482
Registered
11-09-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.