MM Projects
ActiveThe computed 12-month bankruptcy probability of MM Projects is 2.0% (moderate). The 2025 annual accounts show equity of €119k and a net result of €20k. Equity is growing by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 7311 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency88▲+66
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.04 in 2024), and 38.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.6%
Return on assets
10.1%
Age of the figures
8 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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
← before the deadline
after the deadline →
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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 19.7%
2024 · €99k
2023: €51k
2024: €99k
2023 → 2025
Total assets
€193k▼ 71.8%
2024 · €685k
2023: €225k
2024: €685k
2023 → 2025
Net result
€20k▼ 59.1%
2024 · €48k
2023: €47k
2024: €48k
2023 → 2025
Working capital
€36k▲ 58.2%
2024 · €23k
2023: €5k
2024: €23k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€51k-€99k▲ 92.9%€119k▲ 19.7%
Operating result€67k-€72k▲ 7.5%€50k▼ 30.7%
Net result€47k-€48k▲ 0.8%€20k▼ 59.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets
€83k▲ 8.3%
Current assets
€110k▼ 82.0%
Equity and liabilities €193k
Equity
€119k▲ 19.7%
Debt
€74k▼ 87.4%
The debt ratio falls from 85.5% to 38.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€69k▼
2024 · €87k
Cash flow
€39k▼
2024 · €63k
Solvency
61.6%▲
2024 · 14.5%
Current ratio
1.48▲
2024 · 1.04
Quick ratio
1.48▲
2024 · 1.04
Debt / equity
0.62▼
2024 · 5.90
ROE
16.4%▼
2024 · 48.2%
ROA
10.1%▲
2024 · 7.0%
Interest coverage
2.75▼
2024 · 11.36
Debt
€74k▼
2024 · €586k
Debt ≤ 1 year
€74k▼
2024 · €586k
Income taxes
€7k▼
2024 · €19k
Staff costs
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€685k€193k▼
Fixed assets21/28€77k€83k▲
Tangible fixed assets22/27€74k€80k▲
Plant, machinery and equipment23€50k€54k▲
Furniture and vehicles24€24k€27k▲
Financial fixed assets28€3k€3k=
Current assets29/58€608k€110k▼
Amounts receivable within one year40/41€570k€83k▼
Trade receivables40€547k€74k▼
Other amounts receivable41€22k€9k▼
Cash at bank and in hand54/58€38k€27k▼
Equity and liabilities
Total equity and liabilities10/49€685k€193k▼
Equity10/15€99k€119k▲
Contributions10/11€4k€4k=
Reserves13€95k€115k▲
Distributable reserves133€95k€115k▲
Amounts payable17/49€586k€74k▼
Amounts payable within one year42/48€586k€74k▼
Trade debts44€520k€31k▼
Suppliers440/4€520k€31k▼
Taxes, remuneration and social security45€37k€26k▼
Taxes450/3€37k€26k▼
Other amounts payable47/48€28k€17k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€19k▲
Other operating charges640/8€14k€12k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€100k€87k▼
Operating profit (loss)9901€72k€50k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€8k€25k▲
Recurring financial charges65€8k€25k▲
Profit (loss) for the period before taxes9903€67k€27k▼
Income taxes67/77€19k€7k▼
Profit (loss) for the period9904€48k€20k▼
Profit (loss) for the period to be appropriated9905€48k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€20k▼
Transfer to equity691/2€48k€20k▼
To other reserves6921€48k€20k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €20k ▼59.1%
Net result drops to €20k, the lowest in the series.
31-12
Financial
Equity above €100kEq €119k ▲19.7%
3 profitable years in a row build equity to €119k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €48k ▲0.8%
Operating result €72k, net result €48k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wuustwezel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bloemenlaan 202990 WuustwezelGround area
506 m²
Building footprint
157 m²
Volume, LiDAR
779 m³
Parcel 11026E0624/00A000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MM Projects
since 20222.334.704.678
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11026E0624/00A000 | Flanders | 506 m² | 1 · 157 m² | 7.1 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
MARULLO BUILDING MANAGEMENT
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TSE_VD
BE 0747.733.804
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SOLID BUILDING GEEL
BE 0665.599.548
Geel · Eq €119k
TR Renovatiegroep
BE 0759.501.090
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Arjol
BE 0824.836.629
Diksmuide · Eq €119k
Of 2,429 companies in sector 41003 we hold annual accounts for 1,047. 748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2022
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
41001General construction of residential buildings
43110Demolition
43350Other building finishing work
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:martijnrockx@gmail.com
E-mail:info@mmaannemingen.be