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Generated 09-08-2026
Active BE 0777.461.730Private limited company

MM RIDE

Bosstraat 111 ·1742 Ternat, Belgium· 4 yrs active
Sector: Taxi operation (49320)
Conclusion Checked

The computed 12-month bankruptcy probability of MM RIDE is 4.4% (elevated). The 2024 annual accounts show equity of €9k and a net result of €-21k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 25% of 2254 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €9k
Net result €-21k
Better than sector 25%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency12Growth22Stability94
26 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 12
Growth 22
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
4.4% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · 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 overview3 NBB filings
Annual accounts filed on 14-12-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100kRevenue 2022: €69k€69kOperating result 2022: €12k€12kNet result 2022: €12k€12kRevenue 2023: €96k€96kOperating result 2023: €19k€19kNet result 2023: €19k€19kRevenue 2024: €56k€56kOperating result 2024: €-21k€-21kNet result 2024: €-21k€-21k202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~11%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€10k€20k€30k2025: €8k (€7k - €8k)2026: €6k (€6k - €7k)2027: €5k (€4k - €6k)2022: €12k2023: €30k2024: €9k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 7.5% 27.4%
better than 25% of 2254 sector peers
Net result €-21k €6k
better than 8% of 2238 sector peers
Equity €9k €17k
better than 37% of 2260 sector peers
Gross operating margin €-7k €28k
better than 5% of 2226 sector peers
Staff costs €91 €36k
higher than 5% of 1019 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€56k
-41.5% +8% vs sector
EBITDA
€-7k
- far below sector median
Net profit
€-21k
- -225% vs sector
Cash flow
€-7k
- -112% vs sector
Total assets
€120k
-8.2% +83% vs sector
Equity
€9k
-70.4% +2% vs sector
Working capital
€-19k
-62.7% -223% vs sector
Staff costs
€91
- -100% vs sector
Debt
€111k
+10.5% +103% vs sector
Debt ≤ 1y
€111k
+10.5% +103% vs sector
Current ratio
0.83
-6.2% +3% vs sector
Quick ratio
0.83
-6.2% +26% vs sector
Solvency
7.5%
-67.7% -74% vs sector
Debt / equity
12.40
+272.7% +59% vs sector
ROE
-237.4%
- far below sector median
ROA
-17.7%
- +64% vs sector
Net margin
-37.9%
- -127% vs sector
EBITDA margin
-12.8%
- -127% vs sector
Interest coverage
-70.66
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue€56k
EBITDA€-7k
Net profit€-21k
Cash flow€-7k
Staff costs€91
Income taxes-
Dividends-
Total assets€120k
Equity€9k
Debt€111k
of which ≤ 1y€111k
of which > 1y-
Working capital€-19k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.83
Quick ratio0.83
Working capital ratio-15.8%
Solvency7.5%
Debt / equity12.40
Long-term debt ratio-
Interest coverage-70.66
Gross margin4.0%
Net margin-37.9%
ROA-17.7%
ROE-237.4%
EBITDA margin-12.8%
Days sales outstanding359d
Days payable outstanding693d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€120k
Fixed assets 21/28€28k
Tangible fixed assets 22/27€28k
Current assets 29/58€92k
Amounts receivable within one year 40/41€86k
Cash & bank 54/58€324
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€120k
Equity 10/15€9k
Accumulated profits (losses) 14€9k
Amounts payable 17/49€111k
Amounts payable within one year 42/48€111k
Trade debts payable within one year 44€103k
Income statement
Turnover 70€56k
Gross operating margin 9900€-7k
Operating result 9901€-21k
Financial charges 65€102
Result before taxes 9903€-21k
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
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 & mandates 2 directors
Current directors & mandates
Former directors (1)
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Taxi operation(49320)
Legal form Private limited company(610)
Incorporation18-11-2021
StatusActive
Postal code1742
Establishment units 1 location
MM RIDE
Bosstraat 111, 1742 TernatPersonenvervoer over de weg zonder dienstregeling
since 20222.328.462.927
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 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23071A0116/00N002 Flanders 452 m² 1 · 106 m² 7.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

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

2026
17-02-2026
State Gazette act Director changes
v3.2
2025
14-12-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
15-11-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
22-05-2025
State Gazette act Director changes
v3.2
01-03-2025
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
22-11-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 5 months ago
2026
17-02-2026 1 director appointed, 1 resigning Director changes
  • Waheed Muhammad Imran, Zaakvoerder
  • Agshar Begun, Muhammad, Zaakvoerder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Agshar Begun, Muhammad",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2026-01-26",
      "evidence_quote": "Op 26 januari 2026 heeft de heer Agshar Begun, Muhammad zijn functie als partner."
    },
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Waheed Muhammad Imran",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2026-01-26",
      "evidence_quote": "Op 26 januari 2026 is de heer Waheed Muhammad Imran, geboren op 1 januari 1982 en woonachtig te Rue Limnander nr. 6, Anderlecht 1070, benoemend als partner."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0777.461.730",
    "name_full": "MM RIDE",
    "legal_form": "BV"
  }
}
2025
22-05-2025 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0777.461.730",
    "name_full": "MM RIDE",
    "legal_form": "BV"
  }
}
2021
22-11-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1742 Sint-Katherina-Lombeek, Bosstraat 111",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1970-09-12",
        "name": "SHAFQAT Muhammad",
        "niss": null,
        "address": "1742 Sint-Katherina-Lombeek, Bosstraat 111"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": "SHAFQAT Muhammad",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 10000,
  "subject_company": {
    "kbo": "0777.461.730",
    "name_full": "MM RIDE",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-11-10",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Personenvervoer over de weg zonder dienstregeling49320Overig personenvervoer te land, n.e.g.49390
Primary activity highlighted.
Names & trade names
Legal nameNL MM RIDE
Registered office
Bosstraat 111
1742 Ternat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative