MMC
ActiveSummary
MMC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €20k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-6
Solvency64▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.94 in 2024; short-term debt: 32.6% and cash: 23.6% of total assets), and 61% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
39%
Return on assets
5.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
13 d early
2023
12 d early
2022
12 d early
2021
18 d early
2020
11 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€141k▼ 23.9%
2024 · €186k
2018: €62klowest in 8 years
2019: €83k▲ +34.1% vs 2018
2020: €102k▲ +23.5% vs 2019
2021: €126k▲ +23.2% vs 2020
2022: €130k▲ +2.7% vs 2021
2023: €146k▲ +12.3% vs 2022
2024: €186k▲ +27.6% vs 2023highest in 8 years
2025: €141k▼ -23.9% vs 2024
2018 → 2025
Total assets
€362k▼ 4.6%
2024 · €379k
2018: €308k
2019: €251k▼ -18.5% vs 2018
2020: €304k▲ +21.2% vs 2019
2021: €222k▼ -26.9% vs 2020lowest in 8 years
2022: €268k▲ +20.6% vs 2021
2023: €255k▼ -5.0% vs 2022
2024: €379k▲ +48.9% vs 2023highest in 8 years
2025: €362k▼ -4.6% vs 2024
2018 → 2025
Net result
€20k▼ 51.0%
2024 · €40k
2018: €-36klowest in 8 years
2019: €21k▲ +159% vs 2018
2020: €19k▼ -7.6% vs 2019
2021: €45k▲ +133% vs 2020highest in 8 years
2022: €3k▼ -92.6% vs 2021
2023: €29k▲ +777% vs 2022
2024: €40k▲ +36.1% vs 2023
2025: €20k▼ -51.0% vs 2024
2018 → 2025
Working capital
€33k▼ 43.2%
2024 · €59k
2018: €-30klowest in 8 years
2019: €-9k▲ +70.7% vs 2018
2020: €19k▲ +321% vs 2019
2021: €23k▲ +20.1% vs 2020
2022: €37k▲ +58.6% vs 2021
2023: €30k▼ -20.1% vs 2022
2024: €59k▲ +97.9% vs 2023highest in 8 years
2025: €33k▼ -43.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€130k▲ 2.7%€146k▲ 12.3%€186k▲ 27.6%€141k▼ 23.9%
2021: €126klowest in 5 years
2022: €130k▲ +2.7% vs 2021
2023: €146k▲ +12.3% vs 2022
2024: €186k▲ +27.6% vs 2023highest in 5 years
2025: €141k▼ -23.9% vs 2024
Operating result€57k-€9k▼ 84.8%€39k▲ 348%€65k▲ 66.6%€44k▼ 31.9%
2021: €57k
2022: €9k▼ -84.8% vs 2021lowest in 5 years
2023: €39k▲ +348% vs 2022
2024: €65k▲ +66.6% vs 2023highest in 5 years
2025: €44k▼ -31.9% vs 2024
Net result€45k-€3k▼ 92.6%€29k▲ 777%€40k▲ 36.1%€20k▼ 51.0%
2021: €45khighest in 5 years
2022: €3k▼ -92.6% vs 2021lowest in 5 years
2023: €29k▲ +777% vs 2022
2024: €40k▲ +36.1% vs 2023
2025: €20k▼ -51.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €362k
Fixed assets
€210k ▼ 18.5%
Current assets
€151k ▲ 25.3%
Equity and liabilities €362k
Equity
€141k ▼ 23.9%
Debt
€221k ▲ 13.9%
Debt's share of the balance-sheet total rises from 51.1% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97k▼
2024 · €122k
Cash flow
€72k▼
2024 · €97k
Current ratio
1.28▼
2024 · 1.94
Quick ratio
1.03▼
2024 · 1.50
Debt to equity
1.56▲
2024 · 1.04
ROE
13.9%▼
2024 · 21.6%
ROA
5.4%▼
2024 · 10.6%
Interest coverage
9.01▼
2024 · 9.26
Debt ≤ 1 year
€118k▲
2024 · €62k
Debt > 1 year
€99k▼
2024 · €127k
Income taxes
€14k▲
2024 · €12k
Staff costs
€172k▲
2024 · €144k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€379k€362k▼
Fixed assets21/28€258k€210k▼
Tangible fixed assets22/27€255k€207k▼
Plant, machinery and equipment23€43k€29k▼
Furniture and vehicles24€42k€30k▼
Other tangible fixed assets26€170k€147k▼
Financial fixed assets28€4k€4k=
Current assets29/58€121k€151k▲
Stocks and contracts in progress3€28k€30k▲
Stocks30/36€28k€30k▲
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€3k€1k▼
Current investments50/53-€15k
Cash at bank and in hand54/58€75k€85k▲
Deferred charges and accrued income490/1€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€379k€362k▼
Equity10/15€186k€141k▼
Contributions10/11€39k€39k=
Reserves13€147k€102k▼
Non-distributable reserves130/1€23k€23k=
Other1319€23k€23k=
Distributable reserves133€124k€79k▼
Amounts payable17/49€194k€221k▲
Amounts payable after more than one year17€127k€99k▼
Financial debts170/4€123k€96k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€62k€118k▲
Current portion of amounts payable after more than one year42€29k€25k▼
Trade debts44€19k€8k▼
Suppliers440/4€19k€8k▼
Taxes, remuneration and social security45€14k€25k▲
Taxes450/3€7k€10k▲
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48-€60k
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€144k€172k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€53k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k-
Other operating charges640/8€11k€3k▼
Gross operating margin9900€275k€272k▼
Operating profit (loss)9901€65k€44k▼
Financial income75/76B€288€291▲
Recurring financial income75€288€291▲
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€52k€34k▼
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€40k€20k▼
Profit (loss) for the period to be appropriated9905€40k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€20k▼
Transfer from equity791/2-€64k
Transfer to equity691/2€40k€20k▼
To other reserves6921€40k€20k▼
Profit to be distributed694/7-€64k
Return on contributions (dividend)694-€64k
Social balance
Average headcount (FTE)90872.62.5▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €78k | €121k | €138k | €144k | €172k | ▲ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53k | €47k | €50k | €57k | €53k | ▼ 7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1k | €-1k | - | - |
| Other operating charges640/8 | €13k | €2k | €3k | €11k | €3k | ▼ 73.8% |
| Gross operating margin9900 | €202k | €179k | €231k | €275k | €272k | ▼ 1.2% |
| Operating profit (loss)9901 | €57k | €9k | €39k | €65k | €44k | ▼ 31.9% |
| Financial income75/76B | €682 | €1k | €751 | €288 | €291 | ▲ 1.3% |
| Recurring financial income75 | €682 | €1k | €751 | €288 | €291 | ▲ 1.3% |
| Financial charges65/66B | €7k | €6k | €8k | €13k | €11k | ▼ 18.2% |
| Recurring financial charges65 | €7k | €6k | €8k | €13k | €11k | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €50k | €4k | €31k | €52k | €34k | ▼ 35.2% |
| Income taxes67/77 | €5k | €318 | €2k | €12k | €14k | ▲ 18.2% |
| Profit (loss) for the period9904 | €45k | €3k | €29k | €40k | €20k | ▼ 51.0% |
| Profit (loss) for the period to be appropriated9905 | €45k | €3k | €29k | €40k | €20k | ▼ 51.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222k | €268k | €255k | €379k | €362k | ▼ 4.6% |
| Fixed assets21/28 | €133k | €144k | €150k | €258k | €210k | ▼ 18.5% |
| Intangible fixed assets21 | €380 | - | - | - | - | - |
| Tangible fixed assets22/27 | €129k | €140k | €147k | €255k | €207k | ▼ 18.8% |
| Plant, machinery and equipment23 | €43k | €80k | €60k | €43k | €29k | ▼ 31.8% |
| Furniture and vehicles24 | €14k | €10k | €29k | €42k | €30k | ▼ 28.2% |
| Other tangible fixed assets26 | €72k | €49k | €57k | €170k | €147k | ▼ 13.2% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €89k | €125k | €104k | €121k | €151k | ▲ 25.3% |
| Stocks and contracts in progress3 | €19k | €27k | €14k | €28k | €30k | ▲ 7.4% |
| Stocks30/36 | €19k | €27k | €14k | €28k | €30k | ▲ 7.4% |
| Amounts receivable within one year40/41 | €21k | €25k | €14k | €5k | €7k | ▲ 38.0% |
| Trade receivables40 | €8k | €17k | €3k | €2k | €5k | ▲ 139% |
| Other amounts receivable41 | €13k | €8k | €12k | €3k | €1k | ▼ 48.2% |
| Current investments50/53 | - | - | - | - | €15k | - |
| Cash at bank and in hand54/58 | €26k | €52k | €60k | €75k | €85k | ▲ 14.1% |
| Deferred charges and accrued income490/1 | €23k | €20k | €16k | €14k | €15k | ▲ 10.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222k | €268k | €255k | €379k | €362k | ▼ 4.6% |
| Equity10/15 | €126k | €130k | €146k | €186k | €141k | ▼ 23.9% |
| Contributions10/11 | €39k | €39k | €39k | €39k | €39k | = |
| Reserves13 | €87k | €91k | €107k | €147k | €102k | ▼ 30.2% |
| Non-distributable reserves130/1 | €23k | €23k | €23k | €23k | €23k | = |
| Other1319 | €23k | €23k | €23k | €23k | €23k | = |
| Distributable reserves133 | €64k | €68k | €84k | €124k | €79k | ▼ 35.8% |
| Amounts payable17/49 | €96k | €139k | €109k | €194k | €221k | ▲ 13.9% |
| Amounts payable after more than one year17 | €26k | €47k | €30k | €127k | €99k | ▼ 21.5% |
| Financial debts170/4 | €22k | €43k | €26k | €123k | €96k | ▼ 22.1% |
| Other amounts payable178/9 | €4k | €4k | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €66k | €88k | €75k | €62k | €118k | ▲ 90.0% |
| Current portion of amounts payable after more than one year42 | €11k | €20k | €17k | €29k | €25k | ▼ 14.4% |
| Trade debts44 | €13k | €56k | €35k | €19k | €8k | ▼ 55.4% |
| Suppliers440/4 | €13k | €56k | €35k | €19k | €8k | ▼ 55.4% |
| Taxes, remuneration and social security45 | €20k | €12k | €10k | €14k | €25k | ▲ 75.3% |
| Taxes450/3 | €11k | €6k | €2k | €7k | €10k | ▲ 35.2% |
| Remuneration and social security454/9 | €9k | €6k | €7k | €7k | €15k | ▲ 115% |
| Other amounts payable47/48 | €22k | - | €14k | - | €60k | - |
| Accrued charges and deferred income492/3 | €5k | €4k | €5k | €5k | €3k | ▼ 35.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €3k | €29k | €40k | €20k | ▼ 51.0% |
| + Depreciation and write-downs630 | €53k | €47k | €50k | €57k | €53k | ▼ 7.4% |
| Operating cash flow (approximation) | €99k | €51k | €79k | €97k | €72k | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | €-57k | €-56k | €-165k | €-5k | ▲ 97.1% |
| Change in cash | - | €26k | €8k | €15k | €11k | ▼ 28.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €186k ▲27.6%
6 profitable years in a row build equity to €186k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €45k ▲133%
Net result €45k, the highest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €102k ▲23.5%
2 profitable years in a row build equity to €102k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Bredene · 1 establishment unit since 2009
Ground area
477 m²
Building footprint
295 m²
Volume, LiDAR
1,908 m³
Parcel 35302C0398/00M000, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mdue
since 20092.175.533.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302C0398/00M000 | Flanders | 477 m² | 1 · 295 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBredene2.175.533.717
Similar companies · same sector, comparable size
NULL
BE 0556.819.293
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LA RUSTICANA
BE 0873.160.445
Colfontaine · Eq €141,286
MANTARI
BE 0874.501.520
Elsene · Eq €141,297
DE MEIRSMAN K
BE 0760.627.577
Holsbeek · Eq €141,194
ENVVIE
BE 0679.778.770
Dilbeek · Eq €141,344
Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,348 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-03-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.