MMF SERVICES
ActiveSummary
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
- ABDELOUAHAB MustaphaDirector
- Abdelouahab SolimanDirector
- EL AHMADI SALIMDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- 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
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 21-07-2026 at the NBB all 2 filings
Every figure per financial year
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.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| 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)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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.
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
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.
| 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.
Board & ownership
Directors
Owners and capital
Shareholders
- ABDELOUAHAB Mustapha 75 shares (75%) · €1,500
- ABDELOUAHAB Soliman 25 shares (25%) · €500
Capital transactions
- 03-08-2023 Incorporation · €2,000 · 100 shares
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| ABDELOUAHAB Mustapha |
|
| Abdelouahab Soliman |
|
| EL AHMADI SALIM |
|
| ACIOCOITEI IONUT LAURENTIU |
|
| YAAKOUB ABDESSAMAD |
|
| Yaakouh Abdessamad |
|
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 directorsThe network starts from the directors of MMF SERVICES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-07
Gazette deed
Appointment: EL AHMADI SALIM (director)2 points ▸
- Board meeting, 03/07/25
- Director appointment, EL AHMADI SALIM (director)
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)
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)
02-02
Gazette deed
Appointment: Yaakouh Abdessamad (director)2 points ▸
- Board meeting, 25-01-2024
- Director appointment, Yaakouh Abdessamad (director)
02-10
Gazette deed
Appointment: Abdelouahab Soliman (deuxième administrateur)2 points ▸
- General meeting, 14-09-2023
- Director appointment, Abdelouahab Soliman (deuxième administrateur)
03-08
Gazette deed
IncorporationStarting 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)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21308H0725/00F000 | Brussels | 6,263 m² | 1 · 608 m² | 19.7 m · 6 |