Summary
MMLB is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.5m and a net result of €959,450. Equity is growing by ~111.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 8091 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
19 d late
2022
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 9 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#8 company by total assets in Herstal, Finance and insurance sector#10 company by equity in Herstal, Finance and insurance sector
Equity
€2.5m▲ 64.3%
2024 · €1.5m
Net result
€959,450▼ 32.5%
2024 · €1.4m
Total assets
€6.8m▲ 16.9%
2024 · €5.8m
Solvency
35.9%▲ 10.4pp
2024 · 25.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line2022202320242025
Turnover€0-
Operating result€3,709-€52,480▲ 1,315%€56,701▲ 8.0%€56,912▲ 0.4%
Net result-€18,792below the sector's middle half--€10,620below the sector's middle half▲ 43.5%€1.4mabove the sector's middle half€959,450above the sector's middle half▼ 32.5%
Equity€81,208within the sector's middle half-€70,588within the sector's middle half▼ 13.1%€1.5mabove the sector's middle half▲ 2,013%€2.5mabove the sector's middle half▲ 64.3%
Total assets€5.5mabove the sector's middle half-€5.8mabove the sector's middle half▲ 6.4%€5.8mabove the sector's middle half▲ 0.2%€6.8mabove the sector's middle half▲ 16.9%
Debt€5.4m-€5.8m▲ 6.7%€4.3m▼ 24.5%€4.4m▲ 0.6%
Working capital-€2.8mbelow the sector's middle half--€3.2mbelow the sector's middle half▼ 11.5%-€2.2mbelow the sector's middle half▲ 31.3%-€1.7mbelow the sector's middle half▲ 22.3%
Solvency1.5%below the sector's middle half-1.2%below the sector's middle half▼ 0.3pp25.6%within the sector's middle half▲ 24.3pp35.9%within the sector's middle half▲ 10.4pp
Current ratio0.10below the sector's middle half-0.17below the sector's middle half▲ 0.080.24below the sector's middle half▲ 0.060.50below the sector's middle half▲ 0.26
Return on assets (ROA)-0.3%below the sector's middle half--0.2%below the sector's middle half▲ 0.2pp24.3%within the sector's middle half▲ 24.5pp14.1%within the sector's middle half▼ 10.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
The operating result has risen three years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets
€5.2m =
Current assets
€1.7m ▲ 146%
Equity and liabilities €6.8m
Equity
€2.5m ▲ 64.3%
Debt
€4.4m ▲ 0.6%
Debt's share of the balance-sheet total falls from 74.4% to 64.1%. Equity and debt are higher.
Key figures and ratios
ROE
39.1%▼
2024 · 95.3%
Debt ≤ 1 year
€3.4m▲
2024 · €2.8m
Debt > 1 year
€1.0m▼
2024 · €1.5m
Income taxes
€2,025
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €0 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €754 | €3,719 | €3,719 | €3,719 | = |
| Other operating charges640/8 | - | €384 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | €4,463 | €56,584 | €61,388 | €61,630 | ▲ 0.4% |
| Operating profit (loss)9901 | €3,709 | €52,480 | €56,701 | €56,912 | ▲ 0.4% |
| Financial income75/76B | - | €23,750 | €1.4m | €945,000 | ▼ 33.6% |
| Recurring financial income75 | - | €23,750 | €1.4m | €945,000 | ▼ 33.6% |
| Financial charges65/66B | €22,501 | €86,850 | €59,232 | €40,437 | ▼ 31.7% |
| Recurring financial charges65 | €22,501 | €86,850 | €59,232 | €40,437 | ▼ 31.7% |
| Profit (loss) for the period before taxes9903 | -€18,792 | -€10,620 | €1.4m | €961,475 | ▼ 32.3% |
| Income taxes67/77 | - | - | - | €2,025 | - |
| Profit (loss) for the period9904 | -€18,792 | -€10,620 | €1.4m | €959,450 | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | -€18,792 | -€10,620 | €1.4m | €959,450 | ▼ 32.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.5m | €5.8m | €5.8m | €6.8m | ▲ 16.9% |
| Formation expenses20 | €17,843 | €14,123 | €10,404 | €6,685 | ▼ 35.7% |
| Fixed assets21/28 | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Financial fixed assets28 | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Current assets29/58 | €303,509 | €660,016 | €675,534 | €1.7m | ▲ 146% |
| Amounts receivable within one year40/41 | €200,915 | €619,887 | €570,077 | €1.6m | ▲ 175% |
| Trade receivables40 | €0 | €96,137 | €46,306 | €97,046 | ▲ 110% |
| Other amounts receivable41 | €200,915 | €523,750 | €523,771 | €1.5m | ▲ 180% |
| Cash at bank and in hand54/58 | €70,455 | €12,136 | €62,191 | €53,886 | ▼ 13.4% |
| Deferred charges and accrued income490/1 | €32,139 | €27,992 | €43,267 | €43,267 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.5m | €5.8m | €5.8m | €6.8m | ▲ 16.9% |
| Equity10/15 | €81,208 | €70,588 | €1.5m | €2.5m | ▲ 64.3% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€18,792 | -€29,412 | €1.4m | €2.4m | ▲ 68.9% |
| Amounts payable17/49 | €5.4m | €5.8m | €4.3m | €4.4m | ▲ 0.6% |
| Amounts payable after more than one year17 | €2.2m | €1.9m | €1.5m | €1.0m | ▼ 32.0% |
| Financial debts170/4 | €2.2m | €1.9m | €1.5m | €1.0m | ▼ 32.0% |
| Amounts payable within one year42/48 | €3.1m | €3.8m | €2.8m | €3.4m | ▲ 17.7% |
| Current portion of amounts payable after more than one year42 | €77,631 | €355,695 | €327,777 | €437,271 | ▲ 33.4% |
| Financial debts43 | €0 | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - |
| Trade debts44 | €37,411 | €45,300 | €57,280 | €79,823 | ▲ 39.4% |
| Suppliers440/4 | €37,411 | €45,300 | €57,280 | €79,823 | ▲ 39.4% |
| Taxes, remuneration and social security45 | €0 | €2,966 | €3,506 | €6,448 | ▲ 83.9% |
| Taxes450/3 | €0 | €2,966 | €3,506 | €6,448 | ▲ 83.9% |
| Other amounts payable47/48 | €3.0m | €3.4m | €2.5m | €2.8m | ▲ 15.0% |
| Accrued charges and deferred income492/3 | €7,732 | €3,635 | €5,195 | €3,813 | ▼ 26.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,792 | -€10,620 | €1.4m | €959,450 | ▼ 32.5% |
| + Depreciation and write-downs630 | €754 | €3,719 | €3,719 | €3,719 | = |
| Operating cash flow (approximation) | -€18,038 | -€6,901 | €1.4m | €963,169 | ▼ 32.4% |
| Investment in fixed assets (approximation) | - | -€3,719 | -€3,719 | -€3,719 | = |
| Change in cash | - | -€58,318 | €50,054 | -€8,305 | ▼ 117% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €2mEq €2.5m ▲64.3%
2 profitable years in a row build equity to €2.5m.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1.4m
Net result €1.4m after 2 loss-making years.
31-12
Financial
Equity above €1mEq €1.5m ▲2,013%
Equity rises from €70,588 to €1.5m.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Herstal · 1 establishment unit since 2022
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.
Parc Ind. des Hauts Sarts, 1e av 2254040 Herstal1 establishment unit
MMLB
since 20222.336.417.422
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 10,326 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
Founded22-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0789854667
Also
9925:BE0789854667
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.