MM STYLE
ActiveSummary
MM STYLE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €9k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.94 against 6.64 in 2024; short-term debt: 14.4% and cash: 20% of total assets), and 14.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
85.6%
Return on assets
11%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 7 filingsDeviation from the deadline
2025
29 d late
2024
61 d late
2023
31 d late
2022
42 d late
2021
31 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 14.8%
2024 · €62k
Total assets
€83k▲ 13.9%
2024 · €73k
Net result
€9k▲ 457%
2024 · €2k
Working capital
€71k▲ 14.8%
2024 · €62k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37k€17k▼ 54.8%€-15k€2k€14k▲ 653%
Net result€29k€13k▼ 56.6%€-15k€2k€9k▲ 457%
Equity€63k▲ 85.8%€76k▲ 20.1%€60k▼ 20.3%€62k▲ 2.7%€71k▲ 14.8%
Total assets€92k▲ 76.6%€94k▲ 2.6%€73k▼ 22.5%€73k▲ 0.1%€83k▲ 13.9%
Debt€29k▲ 59.4%€18k▼ 35.9%€13k▼ 31.5%€11k▼ 12.4%€12k▲ 9.0%
Working capital€57k▲ 129%€74k▲ 28.5%€59k▼ 19.1%€62k▲ 4.3%€71k▲ 14.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 653% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €83k
Equity
€71k ▲ 14.8%
Debt
€12k ▲ 9.0%
Debt's share of the balance-sheet total falls from 15.1% to 14.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
6.94▲
2024 · 6.64
Debt to equity
0.17▼
2024 · 0.18
ROE
12.9%▲
2024 · 2.7%
ROA
11.0%▲
2024 · 2.3%
Debt ≤ 1 year
€12k▲
2024 · €11k
Income taxes
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €4k | €1k | €922 | - | - |
| Other operating charges640/8 | €2k | €3k | €2k | €1k | €1k | ▲ 8.2% |
| Gross operating margin9900 | €45k | €23k | €-12k | €4k | €16k | ▲ 278% |
| Operating profit (loss)9901 | €37k | €17k | €-15k | €2k | €14k | ▲ 653% |
| Financial income75/76B | €20 | €1 | - | €1 | €1 | = |
| Recurring financial income75 | €20 | €1 | - | €1 | €1 | = |
| Financial charges65/66B | €87 | €173 | €114 | €264 | €181 | ▼ 31.4% |
| Recurring financial charges65 | €87 | €173 | €114 | €264 | €181 | ▼ 31.4% |
| Profit (loss) for the period before taxes9903 | €37k | €17k | €-15k | €2k | €14k | ▲ 762% |
| Income taxes67/77 | €8k | €4k | €-16 | - | €5k | - |
| Profit (loss) for the period9904 | €29k | €13k | €-15k | €2k | €9k | ▲ 457% |
| Profit (loss) for the period to be appropriated9905 | €29k | €13k | €-15k | €2k | €9k | ▲ 457% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92k | €94k | €73k | €73k | €83k | ▲ 13.9% |
| Fixed assets21/28 | €6k | €2k | €922 | - | - | - |
| Tangible fixed assets22/27 | €6k | €2k | €922 | - | - | - |
| Plant, machinery and equipment23 | €319 | €86 | - | - | - | - |
| Furniture and vehicles24 | €6k | €2k | €922 | - | - | - |
| Current assets29/58 | €86k | €92k | €72k | €73k | €83k | ▲ 13.9% |
| Amounts receivable within one year40/41 | €27k | €27k | €51k | €59k | €66k | ▲ 11.3% |
| Trade receivables40 | €25k | €21k | €32k | €29k | €38k | ▲ 30.7% |
| Other amounts receivable41 | €2k | €6k | €19k | €30k | €27k | ▼ 7.8% |
| Cash at bank and in hand54/58 | €58k | €65k | €21k | €14k | €17k | ▲ 17.8% |
| Deferred charges and accrued income490/1 | €1k | - | - | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92k | €94k | €73k | €73k | €83k | ▲ 13.9% |
| Equity10/15 | €63k | €76k | €60k | €62k | €71k | ▲ 14.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €52k | €52k | €52k | €52k | €61k | ▲ 17.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €50k | €50k | €50k | €50k | €59k | ▲ 18.0% |
| Profit (loss) carried forward14 | €5k | €18k | €3k | €4k | €4k | ▲ 4.5% |
| Amounts payable17/49 | €29k | €18k | €13k | €11k | €12k | ▲ 9.0% |
| Amounts payable within one year42/48 | €29k | €18k | €13k | €11k | €12k | ▲ 9.0% |
| Trade debts44 | €11k | €7k | €10k | €6k | - | - |
| Suppliers440/4 | €11k | €7k | €10k | €6k | - | - |
| Taxes, remuneration and social security45 | €18k | €11k | €3k | €5k | €12k | ▲ 151% |
| Taxes450/3 | €17k | €11k | €3k | €5k | €12k | ▲ 151% |
| Remuneration and social security454/9 | €1k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €13k | €-15k | €2k | €9k | ▲ 457% |
| + Depreciation and write-downs630 | €6k | €4k | €1k | €922 | - | - |
| Operating cash flow (approximation) | €35k | €16k | €-14k | €3k | €9k | ▲ 257% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €7k | €-44k | €-7k | €3k | ▲ 135% |
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Machelen (Brab.) · 1 establishment unit since 2018
Ground area
179 m²
Building footprint
64 m²
Volume, LiDAR
411 m³
Parcel 23047B0091/00V000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fredericus Puelincxstraat 5, 1830 Machelen (Brab.)
since 20182.279.432.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047B0091/00V000 | Flanders | 179 m² | 1 · 64 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 2,000 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 (pre-2019)
Founded17-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.