Summary
The computed 12-month bankruptcy probability of MM SAFTY is 3.5% (moderate). The 2023 annual accounts show equity of €26,030 and a net result of €1,030. Its solvency ranks better than 67% of 15220 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023
Profitability43
Solvency84
Growth-
Track record79
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
59.4%
Return on assets
2.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 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 · 1 filingDeviation from the deadline
2023
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 58 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€127,860
EBIT margin
1.4%
Net result
€1,030
Working capital
€26,030
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €43,818
Equity
€26,030
Debt
€17,788
Debt finances 40.6% of the balance-sheet total.
Key figures and ratios
Current ratio
2.46
Quick ratio
1.23
Debt to equity
0.68
ROE
4.0%
ROA
2.4%
Debt ≤ 1 year
€17,788
Income taxes
€346
Staff costs
€83
Annual accounts
| Line | 2023 |
|---|---|
| Turnover70 | €127,860 |
| Goods, raw materials, services and sundry goods60/61 | €124,677 |
| Remuneration, social security and pensions62 | €83 |
| Other operating charges640/8 | €1,359 |
| Gross operating margin9900 | €3,182 |
| Operating profit (loss)9901 | €1,740 |
| Financial income75/76B | €332 |
| Recurring financial income75 | €332 |
| Financial charges65/66B | €696 |
| Recurring financial charges65 | €696 |
| Profit (loss) for the period before taxes9903 | €1,376 |
| Income taxes67/77 | €346 |
| Profit (loss) for the period9904 | €1,030 |
| Profit (loss) for the period to be appropriated9905 | €1,030 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €43,818 | |
| Current assets29/58 | €43,818 | |
| Stocks and contracts in progress3 | €21,961 | |
| Stocks30/36 | €21,961 | |
| Amounts receivable within one year40/41 | €9,117 | |
| Other amounts receivable41 | €9,117 | |
| Cash at bank and in hand54/58 | €12,741 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €43,818 | |
| Equity10/15 | €26,030 | |
| Contributions10/11 | €25,000 | |
| Capital10 | €25,000 | |
| Issued capital100 | €25,000 | |
| Profit (loss) carried forward14 | €1,030 | |
| Amounts payable17/49 | €17,788 | |
| Amounts payable within one year42/48 | €17,788 | |
| Trade debts44 | €10,352 | |
| Suppliers440/4 | €10,352 | |
| Taxes, remuneration and social security45 | €7,436 | |
| Taxes450/3 | €7,436 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €1,030 |
| Operating cash flow (approximation) | €1,030 |
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
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 acts for this company are 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, Antwerpen · 2 establishment units since 2023
Ground area
262 m²
Building footprint
262 m²
Volume, LiDAR
3,038 m³
2 parcels, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
MM SAFTY
since 20232.340.245.358
Somméstraat 1, 2060 Antwerpen
since 20232.345.500.382
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11312A0672/00M000 | Flanders | 200 m² | 1 · 200 m² | 19.9 m · 5 fl. |
| 11805E0409/00F011 | Flanders | 62 m² | 1 · 62 m² | 14.0 m · 4 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.
Similar companies · same sector, comparable size
CHIFFONEX
BE 0648.613.561
Anderlecht · Eq €24,997
DELFAN
BE 0461.819.275
Moorslede · Eq €31,013
ALPHA-SL
BE 0744.981.378
Villers-le-Bouillet · Eq €32,066
ADMINWORX
BE 0752.643.784
Nijlen · Eq €20,634
MN SAFTY
BE 0779.976.802
Antwerpen · Eq €37,815
Of 192 companies in sector 46421 we hold annual accounts for 129. 56 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
Founded21-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46421Wholesale trade
Contact
E-mail
mm.safty@outlook.com
Phone
+32 483 19 81 42
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795209760
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.