MMK INTERNATIONAL
Open bankruptcyA bankruptcy procedure is open for MMK INTERNATIONAL according to publications in the Belgian State Gazette; curator: GAUTIER PIRARD.
Summary
The 2020 annual accounts show equity of €114k and a net result of €6k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 18-06-2021, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
43 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, unclassified schema
Turnover
€175k▼ 4.8%
2019 · €184k
2018: €172k
2019: €184k
2018 → 2020
EBIT margin
5.0%▼ 0.2pp
2019 · 5.2%
2018: 6.4%
2019: 5.2%
2018 → 2020
Net result
€6k▼ 2.2%
2019 · €6k
2018: €7k
2019: €6k
2018 → 2020
Working capital
€97k▲ 7.3%
2019 · €90k
2018: €83k
2019: €90k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€172k-€184k▲ 6.8%€175k▼ 4.8%
Equity€114k-€114k=€114k=
Operating result€11k-€10k▼ 13.7%€9k▼ 9.1%
Net result€7k-€6k▼ 12.9%€6k▼ 2.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 9% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €186k
Fixed assets
€17k ▼ 28.6%
Current assets
€169k ▲ 10.7%
Equity and liabilities €186k
Equity
€114k =
Debt
€72k ▲ 15.3%
Debt's share of the balance-sheet total rises from 35.3% to 38.7%. Debt is higher.
Key figures and ratios
EBITDA
€15k▼
2019 · €16k
Cash flow
€13k▼
2019 · €13k
Current ratio
2.35▼
2019 · 2.46
ROE
5.0%▼
2019 · 5.1%
ROA
3.1%▼
2019 · 3.3%
Debt ≤ 1 year
€72k▲
2019 · €62k
Income taxes
€3k▼
2019 · €3k
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€176k€186k▲
Fixed assets21/28€24k€17k▼
Tangible fixed assets22/27€20k€14k▼
Financial fixed assets28€3k€3k▲
Current assets29/58€152k€169k▲
Amounts receivable within one year40/41€21k€21k▼
Cash at bank and in hand54/58€130k€147k▲
Equity and liabilities
Total equity and liabilities10/49€176k€186k▲
Equity10/15€114k€114k=
Contributions10/11€100k-
Reserves13€10k€10k=
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€62k€72k▲
Amounts payable within one year42/48€62k€72k▲
Trade debts44€36k€35k▼
Income statement
Code20192020
Turnover70€184k€175k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Operating profit (loss)9901€10k€9k▼
Recurring financial income75€3€3▲
Recurring financial charges65€833€368▼
Profit (loss) for the period before taxes9903€9k€8k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€6k€6k▼
Profit (loss) for the period to be appropriated9905€6k€6k▼
Appropriation of the result
Return on contributions (dividend)694€6k€6k▼
Timeline · acts, filings and financial milestones
2024
23-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · MMK INTERNATIONAL SA AVENUE LOUISE 137, 1050 IXELLES · event 15-01-2024
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Weakest financial yearnet €6k ▼2.2%
Net result drops to €6k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
24-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
27-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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 2008
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.
Louizalaan 1371050 BrusselGround area
4,435 m²
Building footprint
1,562 m²
Volume, LiDAR
105,829 m³
2 parcels, Brussels · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
1 establishment unit
MMK INTERNATIONAL SA
since 20082.173.907.481
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
| 21807G0060/00Z002 | Brussels | 711 m² | 1 · 256 m² | 37.5 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GAUTIER PIRARD RUE DE STASSART 48C,
1050 IXELLES |
15-01-2024 → present |
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,795 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 formPublic limited company
Founded09-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.