MM TRADE · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MM TRADE is 0.2% (very low). The 2025 annual accounts show equity of €1.77M and a net result of €608k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 77 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	29-04-2026	93 d early	2026-00100042
31-12-2024	31-07-2025	24-06-2025	37 d early	2025-00176728
31-12-2023	31-07-2024	24-07-2024	7 d early	2024-00292535
31-12-2022	31-07-2023	20-04-2023	102 d early	2023-00061751
31-12-2021	31-07-2022	31-05-2022	61 d early	2022-20042894
31-12-2020	31-07-2021	05-07-2021	26 d early	2021-31100329
31-12-2019	31-07-2020	09-07-2020	22 d early	2020-28000063
31-12-2018	31-07-2019	17-06-2019	44 d early	2019-19100494

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Multiple establishment units +Annual accounts: healthy financial profile −

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

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€608k+11.2%

Working capital€1.53M+20.6%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 29-04-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~22.4%/year over 8 fiscal years, indicative, assuming unchanged policy.

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 2025 · NACE 01, Agriculture · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	40.0%	32.6%	better than 58% of 77 sector peers
Net result	€608k	€109k	better than 89% of 77 sector peers
Equity	€1.77M	€614k	better than 85% of 77 sector peers
Gross operating margin	€1.11M	€503k	better than 81% of 76 sector peers
Staff costs	€147k	€169k	higher than 47% of 51 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P58

Improving position over 2020-2025 · n=77-196

Net result P89

Stable position over 2020-2025 · n=77-195

Equity P85

Stable position over 2020-2025 · n=77-196

Gross operating margin P81

Stable position over 2020-2025 · n=76-193

Describes the position versus peers, not a forecast.

EBITDA

€960k

-0.1% 18-25

Net profit

€608k

+11.2% 18-25

Cash flow

€617k

-1.7% 18-25

Total assets

€4.42M

-5.0% 18-25

Equity

€1.77M

+4.3% 18-25

Working capital

€1.53M

+20.6% 18-25

Employees (FTE)

2

-4.8% 18-25

Staff costs

€147k

-8.0% 18-25

Income taxes

€211k

+10.9% 18-25

Dividends

€500k

+45.3% 18-25

Debt

€2.65M

-10.3% 18-25

Debt ≤ 1y

€2.53M

-10.8% 18-25

Current ratio

1.60

+10.9% 18-25

Quick ratio

1.56

+8.7% 18-25

Solvency

40.0%

+9.7% 18-25

Debt / equity

1.50

-14.0% 18-25

ROE

34.4%

+6.6% 18-25

ROA

13.8%

+17.0% 18-25

Interest coverage

7.19

+7.0% 18-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	€960k
Net profit	€608k
Cash flow	€617k
Staff costs	€147k
Income taxes	€211k
Dividends	€500k
Total assets	€4.42M
Equity	€1.77M
Debt	€2.65M
of which ≤ 1y	€2.53M
of which > 1y	-
Working capital	€1.53M
Employees (FTE)	2.0

Ratios (computed)

	2025
Current ratio	1.60
Quick ratio	1.56
Working capital ratio	34.5%
Solvency	40.0%
Debt / equity	1.50
Long-term debt ratio	-
Interest coverage	7.19
Gross margin	-
Net margin	-
ROA	13.8%
ROE	34.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €366k · 8.3% Current assets €4.06M · 91.7%

Equity & liabilities

Equity €1.77M · 40.0% Debt €2.65M · 60.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€4.42M
Fixed assets	21/28	€366k
Tangible fixed assets	22/27	€366k
Current assets	29/58	€4.06M
Stocks & contracts in progress	3	€111k
Amounts receivable within one year	40/41	€2.99M
Cash & bank	54/58	€954k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4.42M
Equity	10/15	€1.77M
Contributions / capital	10/11	€19k
Reserves	13	€1.75M
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€2.65M
Amounts payable within one year	42/48	€2.53M
Trade debts payable within one year	44	€698k
Income statement
Gross operating margin	9900	€1.11M
Operating result	9901	€951k
Financial income	75	€2k
Financial charges	65	€134k
Result before taxes	9903	€819k
Income taxes	67/77	€211k
Net result for the period	9904	€608k
Result to be appropriated	9905	€608k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

94 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Connections & network

5 connected companies

Group structureShared directors

Group structure

CASA HOLDING

We sit on their board · 1 subsidiary · 1 location

→

Network connections

CASILIA

Shared director

→

HOLDING BÉJUS

Shared director

→

Proper Drinkwater

Shared director

→

THE SILVER SOCIETY BELGIUM

Shared director

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party

MM TRADEBE 0682.717.375

controls

Where this company holds controlthis company sits on their board1

CASA HOLDING

1 subsidiary · 1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank

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.

Kleine Kachtemsestraat 10A8800 Roeselare

Establishment units

2 locations

MM TRADE

Kleine Kachtemsestraat 10A, 8800 RoeselareFokken en houden van melkvee

since 20172.269.624.311

MM Trade

Kleine Kachtemsestraat 10, 8800 RoeselareFokken en houden van melkvee

since 20232.346.439.304

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area6,834 m²

Buildings2

Building footprint425 m²

Volume (LiDAR)2,200 m³

Tallest building9.4 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36502E0141/00F000	Flanders	4,632 m²	1 · 237 m²	9.4 m · 2 fl.
36502E0140/00G000	Flanders	2,202 m²	1 · 188 m²	8.5 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

89 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 100

Solvency 75

Growth 78

Stability 100

Ask AI about this company

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

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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

Credit advice

verdict per customer and amount

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We hold annual accounts for 116 of the 7,658 companies in this sector. 56 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Fokken van melkvee01410Fokken en houden van melkvee01410Groothandel in levend vee46231Fokken en houden van andere dieren01480Fokken van andere dieren01490Groothandel in levend vee46231Groothandel in levend vee46231Overige menselijke gezondheidszorg, n.e.g.86909Activiteiten op het gebied van voeding86995

Primary activity highlighted.

Names & trade names

Legal nameNL

MM TRADE

Registered office

Kleine Kachtemsestraat 10A

8800 Roeselare, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.