MMBI
ActiveSummary
MMBI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-5k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 30% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+1
Solvency33▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.19 against 1.22 in 2024; short-term debt: 84% and cash: 0.5% of total assets), and 91.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
5 d late
2023
on the day
2022
3 d early
2021
1 d early
2020
26 d late
2019
29 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▼ 7.2%
2024 · €74k
2018: €85k
2019: €32k
2020: €16k
2021: €4k
2022: €80k
2023: €84k
2024: €74k
2018 → 2025
Total assets
€812k▲ 4.6%
2024 · €776k
2018: €435k
2019: €761k
2020: €904k
2021: €919k
2022: €824k
2023: €805k
2024: €776k
2018 → 2025
Net result
€-5k▲ 47.1%
2024 · €-10k
2018: €-15k
2019: €-53k
2020: €-16k
2021: €-12k
2022: €75k
2023: €4k
2024: €-10k
2018 → 2025
Working capital
€128k▼ 9.2%
2024 · €141k
2018: €380k
2019: €-40k
2020: €-60k
2021: €-71k
2022: €95k
2023: €92k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€80k▲ 1,686%€84k▲ 5.0%€74k▼ 12.0%€68k▼ 7.2%
Operating result€12k-€99k▲ 692%€6k▼ 93.7%€-7k€-3k▲ 63.3%
Net result€-12k-€75k€4k▼ 94.8%€-10k€-5k▲ 47.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812k
Fixed assets
€2k ▼ 32.5%
Current assets
€810k ▲ 4.7%
Equity and liabilities €812k
Equity
€68k ▼ 7.2%
Debt
€744k ▲ 5.9%
Debt's share of the balance-sheet total rises from 90.5% to 91.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-6k
Cash flow
€-4k▲
2024 · €-8k
Current ratio
1.19▼
2024 · 1.22
Quick ratio
0.02▲
2024 · 0.01
Debt to equity
10.90▲
2024 · 9.56
ROE
-7.7%▲
2024 · -13.6%
ROA
-0.7%▲
2024 · -1.3%
Interest coverage
-0.75▲
2024 · -2.12
Debt ≤ 1 year
€682k▲
2024 · €633k
Debt > 1 year
€60k▼
2024 · €70k
Staff costs
€411▲
2024 · €369
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€776k€812k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€992€150▼
Plant, machinery and equipment23€992€150▼
Financial fixed assets28€2k€2k=
Current assets29/58€774k€810k▲
Stocks and contracts in progress3€766k€796k▲
Stocks30/36€766k€796k▲
Amounts receivable within one year40/41€3k€10k▲
Trade receivables40€149€9k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€776k€812k▲
Equity10/15€74k€68k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-26k€-32k▼
Amounts payable17/49€703k€744k▲
Amounts payable after more than one year17€70k€60k▼
Financial debts170/4€70k€60k▼
Amounts payable within one year42/48€633k€682k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Taxes, remuneration and social security45€527€527=
Taxes450/3€527€527=
Other amounts payable47/48€620k€657k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€369€411▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€843▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-3k€1k▲
Operating profit (loss)9901€-7k€-3k▲
Financial income75/76B€301€0▼
Recurring financial income75€301€0▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-10k€-5k▲
Profit (loss) for the period9904€-10k€-5k▲
Profit (loss) for the period to be appropriated9905€-10k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-32k▼
Profit (loss) brought forward from the previous period14P€-16k€-26k▼
The notes to these accounts (7 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €75k
Net result €75k after 4 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Comines-Warneton · 1 establishment unit since 2017
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.
Chicanestraat(HTM) 447781 Comines-WarnetonGround area
1,371 m²
Building footprint
130 m²
Volume, LiDAR
678 m³
Parcel 54005A0194/00F000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MMBI
since 20172.276.254.458
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54005A0194/00F000 | Wallonia | 1,371 m² | 1 · 130 m² | 6.7 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.
Similar companies · same sector, comparable size
PK Investment
BE 0795.487.892
Genk · Eq €68,237
GRACE INVEST
BE 0656.823.919
Anderlecht · Eq €68,249
Nederhem Vastgoed
BE 0846.062.209
Rijkevorsel · Eq €68,200
MERCATOR BOUW
BE 0793.989.144
Roeselare · Eq €68,180
IMMO V.D.S.
BE 0445.296.415
Herzele · Eq €68,171
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2017
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.