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MMAB

Active
Private limited companyfounded 2009active for 17 yearsKarel Vande Woestijnestraat 52, 1070 Anderlecht, BelgiumKBO/BCE: BE 0812.266.419
Summary

The computed 12-month bankruptcy probability of MMAB is 8.2% (elevated). The annual accounts of MMAB for financial year 2024 show a net loss of 58% of total assets. The 2024 annual accounts show equity of €26,030 and a net result of -€21,242. Equity has been shrinking by about 29% per year since 2018. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 75% of 15,439 sector peers (NACE 46, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-06-2009 Normal situation
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 5 others
Establishment unit
2.180.164.674 1180 Ukkel, since 15-06-2009
Financial year end
31 December
Peppol
Reachable since 22-07-2026

Board and ownership

Board

Financial position

33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.2%
Annual accounts 2024
Gross margin
-€21,289
Loss
€21,242
▼ 24.8%
Equity
€26,030
▼ 44.9%
Total assets
€36,610
▼ 41.4%
  • 2025 accounts not filed, 94 days past the deadline
Turnover not published (micro format)
Filed on 21-05-2026
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 294 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 21-05-2026)lowers riskFounded in 2009Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 37% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Average
Solvency 96-4
equity 71.1% of total assets
Liquidity 51-22
short-term debt 26.4% · cash 9.0%
Profitability 0-5
return on assets -58.0%
Bankruptcy probability within 12 months
8.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 3.9%lowest value 01-2025: 6.4%▲ +2.5 percentage points vs 12-2024 02-2025: 10.7%▲ +4.3 percentage points vs 01-2025 03-2025: 11.0%▲ +0.3 percentage points vs 02-2025 04-2025: 10.2%▼ -0.8 percentage points vs 03-2025 05-2025: 10.2%● unchanged vs 04-2025 06-2025: 10.2%● unchanged vs 05-2025 07-2025: 10.2%● unchanged vs 06-2025 08-2025: 12.5%▲ +2.3 percentage points vs 07-2025 09-2025: 13.7%▲ +1.2 percentage points vs 08-2025highest value 10-2025: 7.2%▼ -6.5 percentage points vs 09-2025 11-2025: 6.7%▼ -0.5 percentage points vs 10-2025 12-2025: 8.1%▲ +1.4 percentage points vs 11-2025 01-2026: 11.3%▲ +3.2 percentage points vs 12-2025 02-2026: 11.4%▲ +0.1 percentage points vs 01-2026 03-2026: 11.7%▲ +0.3 percentage points vs 02-2026 04-2026: 10.9%▼ -0.8 percentage points vs 03-2026 05-2026: 10.9%● unchanged vs 04-2026 06-2026: 5.7%▼ -5.2 percentage points vs 05-2026 07-2026: 5.9%▲ +0.2 percentage points vs 06-2026 08-2026: 6.3%▲ +0.4 percentage points vs 07-2026 09-2026: 6.4%▲ +0.1 percentage points vs 08-2026 10-2026: 8.2%▲ +1.8 percentage points vs 09-2026 11-2026: 8.2%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.84 (2.6 in 2023), above the usual 1.5. Short-term debt is 26.4% and cash 9% of total assets. 28.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 76% of them on solvency, 55% on liquidity, 6% on profitability and 11% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 294 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Figures for financial year 2024 (filed on 21-05-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€21,242
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 294 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-05-2026, 294 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
294 days late
2023
426 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 141 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2024 -€21,242 View
  • Caution: Lower net result than 88% of companies in wholesale tradesector median €4,936 · 15,421 companies -€21,242 View
  • Caution: Board changedlatest change 03-07-2026 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Lasne to AnderlechtResignation: Michel Mabille (director) · Appointment: Christophe Deramaix (director)
  2. · Gazette deed Registered office
  3. · Gazette deed Change of role: MABILLE Michel, from manager to director
All 17 events

Comparable companies

These companies have the same main activity as MMAB: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €34,300 and €48,000, founded between 2007 and 2013.

CompanyTotal assetsGross margin
MMAB Anderlecht€36,610-€21,289
SAM-ARTI Brussel€34,495-€1,359
DONNECO Leuven€34,281-€10,248
K@ Antwerpen€34,555-€44,211
ANGELO SAGLIME Juprelle€43,217-€13,110
Triple V Business Management Oudsbergen€42,398-€4,088
I.TEL.PARTNERS Anderlecht€48,036€901
Full comparison

Key facts about MMAB

What is the company number of MMAB?
The company number of MMAB is 0812.266.419. The VAT number is the same number with BE in front: BE 0812.266.419.
Where is MMAB based?
The registered office is at Karel Vande Woestijnestraat 52, 1070 Anderlecht.Company details
What does MMAB do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of MMAB?
The legal form of MMAB is Private limited company (BV).
When was MMAB founded?
MMAB was founded on 15-06-2009.
Is MMAB still active?
Yes, MMAB is an active enterprise in the KBO register.
What is the turnover of MMAB?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is MMAB profitable?
In financial year 2024, MMAB made a loss of €21,242.
Where can I find the annual accounts of MMAB?
MMAB filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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