MM TRADING
The computed 12-month bankruptcy probability of MM TRADING is 7.7% (elevated). The 2023 annual accounts show negative equity (€-104k) and a net result of €-22k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 5% of 4773 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-104k |
| Net result | €-22k |
| Better than sector | 5% |
| Active | 16 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -383.4% | 16.8% | |
| Net result | €-22k | €2k | |
| Equity | €-104k | €11k | |
| Gross operating margin | €7k | €42k | |
| Staff costs | €16k | €47k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-9k |
| Net profit | €-22k |
| Cash flow | €-9k |
| Staff costs | €16k |
| Income taxes | - |
| Dividends | - |
| Total assets | €27k |
| Equity | €-104k |
| Debt | €131k |
| of which ≤ 1y | €131k |
| of which > 1y | - |
| Working capital | €-117k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.11 |
| Quick ratio | 0.11 |
| Working capital ratio | -432.1% |
| Solvency | -383.4% |
| Debt / equity | -1.26 |
| Long-term debt ratio | - |
| Interest coverage | -186.62 |
| Gross margin | - |
| Net margin | - |
| ROA | -79.9% |
| ROE | 20.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €27k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27k |
| Equity | 10/15 | €-104k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-123k |
| Amounts payable | 17/49 | €131k |
| Amounts payable within one year | 42/48 | €131k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €-22k |
| Financial charges | 65 | €48 |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2017
-
Not recently confirmedlast confirmed in an act from 2014
Former directors (8)
-
Former01-10-2016 → 30-09-2025
2 events
- 30-09-2025 Resigned· Director
- 01-10-2016 Appointed· Managing director
-
Former- → 30-09-2016
-
Former01-10-2012 → 28-10-2013
2 events
- 28-10-2013 Resigned· Managing director
- 01-10-2012 Appointed· Manager
-
Former01-10-2012 → 31-03-2013
2 events
- 31-03-2013 Resigned· Managing director
- 01-10-2012 Appointed· Manager
-
Former- → 30-09-2012
-
Former01-07-2012 → 30-09-2012
2 events
- 30-09-2012 Resigned· Manager
- 01-07-2012 Appointed· Manager
-
Former- → 30-09-2012
-
Former01-10-2011 → 30-06-2012
2 events
- 30-06-2012 Resigned· Manager
- 01-10-2011 Appointed· Manager
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 27-10-2009 |
| Status | Active |
| Postal code | 1000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0187/02A006 | Brussels | 9,765 m² | 1 · 8,769 m² | 22.2 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-10-2025 Mezahi, Yassine resigns as director
- Mezahi, Yassine, Bestuurder
Technical details
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"name": "Mezahi, Yassine",
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},
"effective_date": "2025-09-30",
"evidence_quote": "L\u0027AGE acte la d\u00E9mission du poste d\u0027administrateur de Monsieur Mezahi, Yassine son mandat se r\u00E9sout le 30 septembre 2025, d\u00E9charge pleine et enti\u00E8re lui est donn\u00E9 pour son mandat \u00E9coul\u00E9, qui accepte.",
"discharge_granted": true
}
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}
}02-07-2024 Articles of association amended
Technical details
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"quote": "L\u2019assembl\u00E9e donne mandat sp\u00E9cial au Notaire Charles HUYLEBROUCK, soussign\u00E9, ainsi qu\u2019\u00E0 ses employ\u00E9s et mandataires aux fins de, avec pouvoir de substitution, remplir toutes les formalit\u00E9s administratives.",
"holder_kbo": null,
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],
"governance_change": {
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}
}01-02-2017 Transaction in capital or shares
Technical details
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"events": [
{
"kind": "share_transfer",
"amount": 50,
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"effective_date": "2016-09-30",
"evidence_quote": "Monsieur ACHALHI BOUYADGHAGHAN Abdellah c\u00E8de 50 parts sociales \u00E0 Monsieur AMARCHOUH Abderahem.",
"contribution_type": null
},
{
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"evidence_quote": "Monsieur ACHALHI AZZAOUI Khalid c\u00E8de 40 parts sociales \u00E0 Monsieur MEZAHI Yassine",
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}10-04-2014 1 director appointed, 1 resigning
- ACHALHI EL AZZAOUI Khalid, Gedelegeerd bestuurder
- EL KAIDI Mohamed, Gedelegeerd bestuurder
Technical details
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"name": "EL KAIDI Mohamed",
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},
"effective_date": "2013-03-31",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire accepte, \u00E0 l\u0027unanimit\u00E9 des vo\u00EDx, la d\u00E9mission de sa fonction de g\u00E9rant pr\u00E9sent\u00E9e par Monsieur EL KAIDI Mohamed avec date d\u0027effet le 31 mars 2013. L\u0027assembl\u00E9e donne d\u00E9charge au g\u00E9rant d\u00E9missionaire de sa gestion",
"discharge_granted": true
},
{
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"rrn": null,
"name": "ACHALHI EL AZZAOUI Khalid",
"address": null,
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},
"effective_date": "2014-04-01",
"evidence_quote": "nomme \u00E0 sa place Monsieur ACHALHI EL AZZAOUI Khalid, domocili\u00E9 calle Gran Canar\u00EDa 5 P01 2 \u00E0 28343 Madrid,qui accepte. La nomination prend effet le premier avril 2014."
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}28-10-2013 EL KAIDI Hassan resigns as managing director
- EL KAIDI Hassan, Gedelegeerd bestuurder
Technical details
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"events": [
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"kind": "director_out",
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},
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire accepte \u00E0 l\u0027unanimit\u00E9 des voix, la d\u00E9mission de sa fonction de g\u00E9rant pr\u00E9sent\u00E9 par Monsieur EL KAIDI Hassan. L\u0027assembl\u00E9e donne d\u00E9charge aux g\u00E9rant d\u00E9missionaire de sa gestion.",
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}05-11-2012 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 45,
"currency": "BEF",
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"delta_eur": null,
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"effective_date": "2012-09-30",
"evidence_quote": "Mr BELHASNIOUI MOHAMED transfert tous ses parts soient (45 parts) \u00E0 Mr EL KAIDI HASSAN",
"contribution_type": "in_kind"
},
{
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"effective_date": "2012-09-30",
"evidence_quote": "Mr OULD SI HAMMOU SAID transfert tous ses parts soient (45 parts) \u00E0 Mr EL KAIDI MOHAMED",
"contribution_type": "in_kind"
},
{
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"amount_type": "onbekend",
"effective_date": "2012-09-30",
"evidence_quote": "Mr EL HASSNAOUI CHAOUKI d\u00E9mission de son poste de g\u00E9rant \u00E0 partir d\u0027aujourd\u0027hui et transfert tous ses parts soient (10 parts) respectivement \u00E0 : Mr EL KAIDI MOHAMED Mr EL KAIDI HASSAN 5 parts 5 parts",
"contribution_type": "in_kind"
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}26-07-2012 Transaction in capital or shares
Technical details
{
"events": [
{
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"amount": 35,
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"effective_date": "2012-06-30",
"evidence_quote": "Mr BELHASNIOUI RACHI transf\u00E8re tous zijn parts soient 35 parts \u00E0 Mr BELHASNIOUI MOHAMED.",
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}
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}13-12-2011 Registered office moved within BRUXELLES
- rue de la Fontaine 18, 1000 BRUXELLES → BLD Maurice Le Monnier 166, 1000 BRUXELLES
Technical details
{
"events": [
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"new_address": {
"city": "BRUXELLES",
"region": "Brussels",
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},
"effective_date": "2011-10-01",
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}
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MM TRADING |