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MMF SERVICES

Active
Private limited companyfounded 2023active for 3 yearsJean Hayetsquare 36/0010, 1070 Anderlecht, BelgiumKBO/BCE: BE 0804.472.864
Summary

The computed 12-month bankruptcy probability of MMF SERVICES is 2.0% (moderate). The annual accounts of MMF SERVICES for financial year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €937 and a net result of -€1,071. Its solvency ranks better than 18% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 01-08-2023 Normal situation
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330and 2 others
Establishment unit
2.348.648.033 1070 Anderlecht, since 31-08-2023
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts 2025
Gross margin
€4,969
▼ 71.6%
Turnover
≈ €27,000
estimated
Loss
€1,071
Equity
€937
▼ 53.3%
Total assets
€26,620
▼ 5.8%
Score breakdownraises riskFounded in 2023Sector: Land transport and transport via pipelines (NACE 49)Equity €937 (3.5% of total assets)lowers riskLiquidity: current ratio 0.93, cash €20,756Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 29-3
equity 3.5% of total assets
Liquidity 50+41
short-term debt 96.5% · cash 78.0%
Profitability 63-37
return on assets -4.0%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 4.3% 01-2025: 4.7%▲ +0.4 percentage points vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 5.2%▲ +0.5 percentage points vs 02-2025 04-2025: 5.1%▼ -0.1 percentage points vs 03-2025 05-2025: 5.0%▼ -0.1 percentage points vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.4%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 3.9%▼ -1.5 percentage points vs 07-2025 09-2025: 3.9%● unchanged vs 08-2025 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 3.9%● unchanged vs 02-2026 04-2026: 4.1%▲ +0.2 percentage points vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.2%● unchanged vs 05-2026 07-2026: 4.4%▲ +0.2 percentage points vs 06-2026 08-2026: 2.0%▼ -2.4 percentage points vs 07-2026lowest value 09-2026: 2.0%● unchanged vs 08-2026lowest value 10-2026: 2.0%● unchanged vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.93 (0.84 in 2024), below 1. Short-term debt is 96.5% and cash 78% of total assets. 96.5% 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 49, micro). It does better than 17% of them on solvency, 52% on liquidity, 34% on profitability and 11% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 0.93, cash €20,756
NBB · annual accounts
raises risk · Equity €937 (3.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 5897 sector peers (2025).
NBB · sector comparison
Position among 5897 sector peers
Solvency
better than 18%
← weakest strongest →
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 21-07-2026, 10 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
10 days early
2024
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 12 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 21-07-2026 at the NBB all 2 filings

Turnover
≈ €27,000
Estimated: probably between €17,000 and €45,000
Total assets
€26,620▼ 5.8%
2024 · €28,250
Net result
-€1,071
2024 · €7,499
Working capital
-€1,889▲ 56.0%
2024 · -€4,296
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€578
2025
20242025
Net result
-€1,071
2025
middle half of the sector
20242025
Equity
€937
▼ 53.3% 2025
lowest quarter of the sector
20242025
Total assets
€26,620
▼ 5.8% 2025
lowest quarter of the sector
20242025
Debt
€25,683
▼ 2.1% 2025
20242025
Working capital
-€1,889
▲ 56.0% 2025
middle half of the sector
20242025
Solvency
3.5%
▼ 3.6pp 2025
lowest quarter of the sector
20242025
Current ratio
0.93
▲ 0.09 2025
middle half of the sector
20242025
Return on assets (ROA)
-4.0%
▼ 30.6pp 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€7,914--€578
Net result€7,499within the sector's middle half--€1,071within the sector's middle half
Equity€2,009below the sector's middle half-€937below the sector's middle half▼ 53.3%
Total assets€28,250below the sector's middle half-€26,620below the sector's middle half▼ 5.8%
Debt€26,242-€25,683▼ 2.1%
Working capital-€4,296within the sector's middle half--€1,889within the sector's middle half▲ 56.0%
Solvency7.1%below the sector's middle half-3.5%below the sector's middle half▼ 3.6pp
Current ratio0.84within the sector's middle half-0.93within the sector's middle half▲ 0.09
Return on assets (ROA)26.5%above the sector's middle half--4.0%below the sector's middle half▼ 30.6pp
above within below The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €578, after a profit of €7,914 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,620
Fixed assets €2,826 ▼ 55.2%
Current assets €23,794 ▲ 8.4%
Equity and liabilities €26,620
Equity €937 ▼ 53.3%
Debt €25,683 ▼ 2.1%
Debt's share of the balance-sheet total rises from 92.9% to 96.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,900▼
2024 · €12,044
Cash flow
€2,407▼
2024 · €11,628
Interest coverage
5.88▼
2024 · 28.98
Debt ≤ 1 year
€25,683▼
2024 · €26,242
The equity ratios are withheld because equity of €937 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€10,434-
Depreciation and write-downs of the year€4,130€3,478

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€28,250€26,620▼
Fixed assets21/28€6,304€2,826▼
Tangible fixed assets22/27€6,304€2,826▼
Furniture and vehicles24€6,304€2,826▼
Current assets29/58€21,946€23,794▲
Amounts receivable within one year40/41€16,856-
Trade receivables40€16,856-
Cash at bank and in hand54/58€2,145€20,756▲
Deferred charges and accrued income490/1€2,946€3,038▲
Equity and liabilities
Total equity and liabilities10/49€28,250€26,620▼
Equity10/15€2,009€937▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€9-€1,063▼
Amounts payable17/49€26,242€25,683▼
Amounts payable within one year42/48€26,242€25,683▼
Trade debts44€14,838€3,733▼
Suppliers440/4€14,838€3,733▼
Taxes, remuneration and social security45€2,476€1,105▼
Taxes450/3€839€128▼
Remuneration and social security454/9€1,637€977▼
Other amounts payable47/48€8,928€20,845▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,130€3,478▼
Other operating charges640/8€4,576€1,325▼
Non-recurring operating charges66A€886€744▼
Gross operating margin9900€17,506€4,969▼
Operating profit (loss)9901€7,914-€578▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€416€493▲
Recurring financial charges65€416€493▲
Profit (loss) for the period before taxes9903€7,499-€1,071▼
Profit (loss) for the period9904€7,499-€1,071▼
Profit (loss) for the period to be appropriated9905€7,499-€1,071▼
Appropriation of the result
Profit (loss) to be appropriated9906€7,499-€1,063▼
Profit (loss) brought forward from the previous period14P-€9
Profit to be distributed694/7€7,490-
Directors or managers695€7,490-

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-07-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,130€3,478▼ 15.8%
Other operating charges640/8€4,576€1,325▼ 71.0%
Non-recurring operating charges66A€886€744▼ 16.1%
Gross operating margin9900€17,506€4,969▼ 71.6%
Operating profit (loss)9901€7,914-€578-
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€416€493▲ 18.7%
Recurring financial charges65€416€493▲ 18.7%
Profit (loss) for the period before taxes9903€7,499-€1,071-
Profit (loss) for the period9904€7,499-€1,071-
Profit (loss) for the period to be appropriated9905€7,499-€1,071-
Line20242025Change
Assets
Total assets20/58€28,250€26,620▼ 5.8%
Fixed assets21/28€6,304€2,826▼ 55.2%
Tangible fixed assets22/27€6,304€2,826▼ 55.2%
Furniture and vehicles24€6,304€2,826▼ 55.2%
Current assets29/58€21,946€23,794▲ 8.4%
Amounts receivable within one year40/41€16,856--
Trade receivables40€16,856--
Cash at bank and in hand54/58€2,145€20,756▲ 868%
Deferred charges and accrued income490/1€2,946€3,038▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€28,250€26,620▼ 5.8%
Equity10/15€2,009€937▼ 53.3%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€9-€1,063-
Amounts payable17/49€26,242€25,683▼ 2.1%
Amounts payable within one year42/48€26,242€25,683▼ 2.1%
Trade debts44€14,838€3,733▼ 74.8%
Suppliers440/4€14,838€3,733▼ 74.8%
Taxes, remuneration and social security45€2,476€1,105▼ 55.4%
Taxes450/3€839€128▼ 84.8%
Remuneration and social security454/9€1,637€977▼ 40.3%
Other amounts payable47/48€8,928€20,845▲ 133%
Line20242025Change
Profit (loss) for the period9904€7,499-€1,071-
+ Depreciation and write-downs630€4,130€3,478▼ 15.8%
Operating cash flow (approximation)€11,628€2,407▼ 79.3%
Investment in fixed assets (approximation)-€0-
Change in cash-€18,611-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,301 companies had the same profile as MMF SERVICES has now. Two years later, 92.6% were still going and 5.5% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
92.6% was still going
1.6% stopped otherwise
5.5% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MMF SERVICES itself: 2.0% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,301 companies, not a prediction for MMF SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 21-07-2026 2026-00345114 PDF
31-12-2024 micro format 18-07-2025 2025-00287222 PDF

Board & ownership

Directors

Directors
3 directors, no change since 2025
ABDELOUAHAB Mustapha
Director (not named in the articles) · appointed in the act of 03-08-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-07-2026
Current
Abdelouahab Soliman
Deuxième administrateur · appointed in the act of 02-10-2023 · listed in the 2025 annual accounts, filed on 21-07-2026
Current
EL AHMADI SALIM
Director · appointed in the act of 16-07-2025 · listed in the 2025 annual accounts, filed on 21-07-2026
Current

Owners and capital

Shareholders

At incorporation act of 03-08-2023 ↗

Capital transactions

Capital over time
  1. 03-08-2023 Incorporation · €2,000 · 100 shares

Mandate history

6 people, 3 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
ABDELOUAHAB Mustapha
  • Director (not named in the articles), appointed in the act of 03-08-2023, still in office
Abdelouahab Soliman
  • Deuxième administrateur, appointed in the act of 02-10-2023, still in office
EL AHMADI SALIM
  • Director, appointed in the act of 16-07-2025, still in office
ACIOCOITEI IONUT LAURENTIU
  • Director, appointed in the act of 26-08-2024, until 17-02-2025
YAAKOUB ABDESSAMAD
  • Director, appointed in the act of 02-02-2024, until 31-07-2024
Yaakouh Abdessamad
  • Director, appointed in the act of 02-02-2024, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Capital, shares and profit

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs au prorata des actions acquises, nullité”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Dissolution pour quelque cause et à quelque moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”

Articles of association, deed of 03-08-2023 (in French)

Network & group

MMF SERVICES shares no director with another company.

Connections & network

3 current directors
Depth

The network starts from the directors of MMF SERVICES. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
21-07
NBB filing Annual accounts 2025 filedNBB
micro format · 10 days before the deadline
2025
18-07
NBB filing Annual accounts 2024 filedPDF
micro format · 13 days before the deadline
16-07
Gazette deed Appointment: EL AHMADI SALIM (director)
2 points ▸
  • Board meeting, 03/07/25
  • Director appointment, EL AHMADI SALIM (director)

Open the act in the Belgian Official Gazette

28-02
Gazette deed Resignation: ACIOCOITEI IONUT LAURENTIU (director)
4 points ▸
  • Board meeting, 17-02-2025
  • Director resignation, ACIOCOITEI IONUT LAURENTIU (director)
  • Board composition, ABDELOUAHAB MUSTAPHA (director)
  • Board composition, ABDELOUAHAB SOLIMAN (director)

Open the act in the Belgian Official Gazette

2024
26-08
Gazette deed Appointment: ACIOCOITEI LAURENTIU (director)
Resignation: YAAKOUB ABDESSAMAD (director)3 points ▸
  • Board meeting, “CONSEIL D'ADMINISTRATION” (deed in French)
  • Director appointment, ACIOCOITEI LAURENTIU (director)
  • Director resignation, YAAKOUB ABDESSAMAD (director)

Open the act in the Belgian Official Gazette

02-02
Gazette deed Appointment: Yaakouh Abdessamad (director)
2 points ▸
  • Board meeting, 25-01-2024
  • Director appointment, Yaakouh Abdessamad (director)

Open the act in the Belgian Official Gazette

2023
02-10
Gazette deed Appointment: Abdelouahab Soliman (deuxième administrateur)
2 points ▸
  • General meeting, 14-09-2023
  • Director appointment, Abdelouahab Soliman (deuxième administrateur)

Open the act in the Belgian Official Gazette

03-08
Gazette deed Incorporation
Starting capital €2,000 · Appointment: ABDELOUAHAB Mustapha (director) · Founder10 points ▸
  • Incorporation, “MMF SERVICES” (deed in French)
  • Founder, ABDELOUAHAB Mustapha
  • Founder, ABDELOUAHAB Soliman
  • Founding capital, €2,000
  • Capital
  • Registered office clause, “1070 Anderlecht, Square Jean Hayet 36/0010” (deed in French)
  • Other provision, “en cours, site internet et adresse électronique” (deed in French)
  • Board rule, 2
  • Director appointment, ABDELOUAHAB Mustapha (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous engagements,obligations et activités entreprises au nom et pour compte société en formation” (deed in French)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

MMF SERVICES was incorporated on 1 August 2023 as a private limited company by two natural persons, with a starting capital of €2,000.12 The board currently has 3 members.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-08-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name MMF SERVICES in French
Enterprise number 0804.472.864
Legal form Private limited company
Status Active, normale toestand
Founded 01-08-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-08-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, La société peut établir,par simple décision de l’organe d’administration,des sièges…”
deed of 03-08-2023 (in French)

Registered office and establishments

Registered office Jean Hayetsquare 36/0010, 1070 Anderlecht, Belgium
Establishment unit Jean Hayetsquare 36/00, 1070 Anderlecht since 31-08-2023 · unit number 2.348.648.033

Activities

NACEBEL 2025
49330 On-demand passenger transport by chauffeured vehicle main activity
49310 Scheduled passenger transport by road
49320 Non-scheduled passenger transport by road
Codes under NACEBEL 2008
49320 Taxi operation main activity
49310 Land transport and transport via pipelines
49390 Land transport and transport via pipelines

Invoicing and payment

VAT number BE 0804.472.864
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804472864
Registered 23-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00
deed of 03-08-2023 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
6,263 m²
Building footprint
608 m²
Building volume
10,403 m³
Cadastral parcel Region Area Buildings Height / floors
21308H0725/00F000 Brussels 6,263 m² 1 · 608 m² 19.7 m · 6