MM Werken
ActiveThe computed 12-month bankruptcy probability of MM Werken is 2.3% (moderate). The 2025 annual accounts show equity of €45k and a net result of €31k. Its solvency ranks better than 40% of 27386 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▲+1
Growth78
Stability82
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.54 in 2024), and 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← 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
38.3%
Return on assets
25.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 210%
2024 · €15k
2024: €15k
2024 → 2025
Total assets
€118k▲ 185%
2024 · €41k
2024: €41k
2024 → 2025
Net result
€31k▲ 164%
2024 · €12k
2024: €12k
2024 → 2025
Working capital
€20k▲ 39.9%
2024 · €15k
2024: €15k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€15k-€45k▲ 210%
Operating result€14k-€37k▲ 158%
Net result€12k-€31k▲ 164%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 158% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€46k
Current assets
€72k
Equity and liabilities €118k
Equity
€45k▲ 210%
Debt
€73k▲ 171%
The debt ratio falls from 64.8% to 61.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€39k
Cash flow
€32k
Solvency
38.3%▲
2024 · 35.2%
Current ratio
1.40▼
2024 · 1.54
Quick ratio
1.40▼
2024 · 1.54
Debt / equity
1.61▼
2024 · 1.84
ROE
67.7%▼
2024 · 79.4%
ROA
25.9%▼
2024 · 28.0%
Interest coverage
58.55
Debt
€73k▲
2024 · €27k
Debt ≤ 1 year
€51k▲
2024 · €27k
Debt > 1 year
€21k
Income taxes
€7k▲
2024 · €3k
Staff costs
€0▼
2024 · €304
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41k€118k▲
Fixed assets21/28-€46k
Intangible fixed assets21-€1
Tangible fixed assets22/27-€46k
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€45k
Current assets29/58€41k€72k▲
Amounts receivable within one year40/41€40k€54k▲
Trade receivables40€27k€47k▲
Other amounts receivable41€13k€6k▼
Cash at bank and in hand54/58€2k€16k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€41k€118k▲
Equity10/15€15k€45k▲
Contributions10/11€3k€3k=
Reserves13€12k€42k▲
Distributable reserves133€12k€42k▲
Amounts payable17/49€27k€73k▲
Amounts payable after more than one year17-€21k
Financial debts170/4-€21k
Amounts payable within one year42/48€27k€51k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€24k€26k▲
Suppliers440/4€24k€26k▲
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48-€10k
Income statement
Code20242025
Remuneration, social security and pensions62€304€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€815€757▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€16k€42k▲
Operating profit (loss)9901€14k€37k▲
Financial income75/76B-€725
Recurring financial income75-€725
Financial charges65/66B€35€668▲
Recurring financial charges65€35€668▲
Profit (loss) for the period before taxes9903€14k€37k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€12k€31k▲
Profit (loss) for the period to be appropriated9905€12k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€31k▲
Transfer to equity691/2€12k€31k▲
To other reserves6921€12k€31k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
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, Pelt · 1 establishment unit since 2024
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.
Voetbalstraat 203900 PeltGround area
1,194 m²
Building footprint
98 m²
Volume, LiDAR
518 m³
Parcel 72502E0102/00B112, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MM Werken
since 20242.363.972.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00B112 | Flanders | 1,194 m² | 1 · 98 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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BE 0845.540.981
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BE 0787.626.637
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GERARDO FORERO
BE 0839.389.597
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BOD CONSTRUCT
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Of 3,987 companies in sector 43310 we hold annual accounts for 1,736. 1,502 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2024
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43320Joinery installation
43341Painting of buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.