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MMH

Active
Private limited companyfounded 20233 yrs activeHeembeeksestraat 111, 1120 Brussel, BelgiumKBO/BCE: BE 0798.662.069
Summary

The computed 12-month bankruptcy probability of MMH is 3.8% (moderate). The 2024 annual accounts show equity of €132,346 and a net result of €141,752. Its solvency ranks better than 46% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+88
Solvency53▲+33
Growth78
Track record94
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 0.91 in 2023; short-term debt: 72.5% and cash: 41.4% of total assets), and 72.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-05-2026, 284 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
284 d late
2023
498 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 391 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MMH was incorporated on 20 February 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€132,346
2023 · -€9,405
Total assets
€481,242▲ 156%
2023 · €188,039
Net result
€141,752
2023 · -€10,405
Working capital
€109,244
2023 · -€17,393
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€9,933-€186,224
Net result-€10,405below the sector's middle half-€141,752above the sector's middle half
Equity-€9,405below the sector's middle half-€132,346above the sector's middle half
Total assets€188,039within the sector's middle half-€481,242above the sector's middle half▲ 156%
Debt€197,445-€348,895▲ 76.7%
Working capital-€17,393below the sector's middle half-€109,244above the sector's middle half
Solvency-5.0%below the sector's middle half-27.5%within the sector's middle half▲ 32.5pp
Current ratio0.91within the sector's middle half-1.31within the sector's middle half▲ 0.40
Return on assets (ROA)-5.5%below the sector's middle half-29.5%above the sector's middle half▲ 35.0pp
Staff (FTE)0.9
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000€200,000Operating result 2023: -€9,933-€9,933Net result 2023: -€10,405-€10,405Operating result 2024: €186,224€186,224Net result 2024: €141,752€141,75220232024-€50,000€0€50,000€100,000€150,000€200,000Operating result 2023: -€9,933-€9,930Net result 2023: -€10,405-€10,400Operating result 2024: €186,224€186,000Net result 2024: €141,752€142,00020232024
The operating result returns to profit in 2024: €186,224 after a loss of €9,933 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €481,242
Fixed assets €23,102 ▲ 189%
Current assets €458,140 ▲ 154%
Equity and liabilities €481,242
Equity €132,346
Debt €348,895
Debt finances 72.5% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€190,510▲
2023 · -€8,663
Cash flow
€146,038▲
2023 · -€9,135
Quick ratio
1.23▲
2023 · 0.41
Debt to equity
2.64▲
2023 · -20.99
ROE
107.1%
Interest coverage
25.25▲
2023 · -18.23
Debt ≤ 1 year
€348,895▲
2023 · €197,445
Income taxes
€37,157
Staff costs
€22,025
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€188,039€481,242▲
Fixed assets21/28€7,987€23,102▲
Tangible fixed assets22/27€4,587€19,702▲
Plant, machinery and equipment23-€16,124
Furniture and vehicles24€4,587€3,578▼
Financial fixed assets28€3,400€3,400=
Current assets29/58€180,052€458,140▲
Stocks and contracts in progress3€99,464€30,684▼
Stocks30/36€99,464€30,684▼
Amounts receivable within one year40/41€6,191€227,816▲
Trade receivables40€2,198€227,316▲
Other amounts receivable41€3,993€500▼
Cash at bank and in hand54/58€74,396€199,165▲
Deferred charges and accrued income490/1-€474
Equity and liabilities
Total equity and liabilities10/49€188,039€481,242▲
Equity10/15-€9,405€132,346▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€10,405€131,346▲
Amounts payable17/49€197,445€348,895▲
Amounts payable within one year42/48€197,445€348,895▲
Trade debts44€180,881€250,346▲
Suppliers440/4€180,881€250,346▲
Taxes, remuneration and social security45-€52,986
Taxes450/3-€47,586
Remuneration and social security454/9-€5,401
Other amounts payable47/48€16,564€45,564▲
Income statement Code20232024
Remuneration, social security and pensions62-€22,025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,270€4,286▲
Other operating charges640/8-€1,006
Gross operating margin9900-€8,663€213,540▲
Operating profit (loss)9901-€9,933€186,224▲
Financial income75/76B€3€231▲
Recurring financial income75€3€231▲
Financial charges65/66B€475€7,546▲
Recurring financial charges65€475€7,546▲
Profit (loss) for the period before taxes9903-€10,405€178,909▲
Income taxes67/77-€37,157
Profit (loss) for the period9904-€10,405€141,752▲
Profit (loss) for the period to be appropriated9905-€10,405€141,752▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,405€131,346▲
Profit (loss) brought forward from the previous period14P--€10,405

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62-€22,025-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,270€4,286▲ 237%
Other operating charges640/8-€1,006-
Gross operating margin9900-€8,663€213,540▲ 2,565%
Operating profit (loss)9901-€9,933€186,224▲ 1,975%
Financial income75/76B€3€231▲ 8,163%
Recurring financial income75€3€231▲ 8,163%
Financial charges65/66B€475€7,546▲ 1,488%
Recurring financial charges65€475€7,546▲ 1,488%
Profit (loss) for the period before taxes9903-€10,405€178,909▲ 1,819%
Income taxes67/77-€37,157-
Profit (loss) for the period9904-€10,405€141,752▲ 1,462%
Profit (loss) for the period to be appropriated9905-€10,405€141,752▲ 1,462%
Line20232024Change
Assets
Total assets20/58€188,039€481,242▲ 156%
Fixed assets21/28€7,987€23,102▲ 189%
Tangible fixed assets22/27€4,587€19,702▲ 329%
Plant, machinery and equipment23-€16,124-
Furniture and vehicles24€4,587€3,578▼ 22.0%
Financial fixed assets28€3,400€3,400=
Current assets29/58€180,052€458,140▲ 154%
Stocks and contracts in progress3€99,464€30,684▼ 69.2%
Stocks30/36€99,464€30,684▼ 69.2%
Amounts receivable within one year40/41€6,191€227,816▲ 3,580%
Trade receivables40€2,198€227,316▲ 10,243%
Other amounts receivable41€3,993€500▼ 87.5%
Cash at bank and in hand54/58€74,396€199,165▲ 168%
Deferred charges and accrued income490/1-€474-
Equity and liabilities
Total equity and liabilities10/49€188,039€481,242▲ 156%
Equity10/15-€9,405€132,346▲ 1,507%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€10,405€131,346▲ 1,362%
Amounts payable17/49€197,445€348,895▲ 76.7%
Amounts payable within one year42/48€197,445€348,895▲ 76.7%
Trade debts44€180,881€250,346▲ 38.4%
Suppliers440/4€180,881€250,346▲ 38.4%
Taxes, remuneration and social security45-€52,986-
Taxes450/3-€47,586-
Remuneration and social security454/9-€5,401-
Other amounts payable47/48€16,564€45,564▲ 175%
Line20232024Change
Profit (loss) for the period9904-€10,405€141,752▲ 1,462%
+ Depreciation and write-downs630€1,270€4,286▲ 237%
Operating cash flow (approximation)-€9,135€146,038▲ 1,699%
Investment in fixed assets (approximation)--€19,401-
Change in cash-€124,769-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
11-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 284 days late
2025
11-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 498 days late
2024
31-12
Financial Back to profitnet €141,752
Net result €141,752 after one loss-making year.
31-12
Financial Equity above €100,000Eq €132,346
Equity rises from -€9,405 to €132,346.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Brussel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
8,062 m²
Building footprint
2,460 m²
Volume, LiDAR
17,095 m³
Parcel 21819D0090/00P000, Brussels · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MMH
Heembeeksestraat 111, 1120 BrusselAgents in the wholesale of food, beverages and tobacco
since 20242.357.801.863
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0090/00P000 Brussels 8,062 m² 1 · 2,460 m² 10.1 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 site
Brussel2.357.801.863
1 permission
Toelating · Groothandelaar levensmiddelen · since 22-07-2026

Similar companies · same sector, comparable size

Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 4,520 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
Founded20-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
46170Agents in the wholesale of food, beverages and tobacco
46389Wholesale of other food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798662069
Registered 31-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.