MMM Construct
Open bankruptcyA bankruptcy procedure is open for MMM Construct according to publications in the Belgian State Gazette; curator: ANN DECRUYENAERE. The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €40k and a net result of €2k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€40k▲ 4.5%
2023 · €38k
2018: €22k
2019: €22k
2020: €22k
2021: €26k
2022: €36k
2023: €38k
2018 → 2024
Total assets
€194k▲ 3.5%
2023 · €187k
2018: €102k
2019: €134k
2020: €134k
2021: €129k
2022: €191k
2023: €187k
2018 → 2024
Net result
€2k▼ 9.6%
2023 · €2k
2018: €2k
2019: €1k
2020: €624
2021: €3k
2022: €10k
2023: €2k
2018 → 2024
Working capital
€19k
2023 · €-132
2018: €-6k
2019: €3k
2020: €3k
2021: €812
2022: €-11k
2023: €-132
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€26k▲ 15.2%€36k▲ 40.4%€38k▲ 5.2%€40k▲ 4.5%
Operating result€4k-€9k▲ 126%€20k▲ 128%€3k▼ 83.7%€3k▼ 7.5%
Net result€624-€3k▲ 446%€10k▲ 207%€2k▼ 81.9%€2k▼ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 8% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€25k▼ 41.0%
Current assets
€169k▲ 16.7%
Equity and liabilities €194k
Equity
€40k▲ 4.5%
Debt
€154k▲ 3.3%
The debt ratio falls from 79.6% to 79.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2023 · €28k
Cash flow
€23k▼
2023 · €27k
Solvency
20.6%▲
2023 · 20.4%
Current ratio
1.13▲
2023 · 1.00
Quick ratio
0.81▲
2023 · 0.81
Debt / equity
3.86▼
2023 · 3.90
ROE
4.3%▼
2023 · 4.9%
ROA
0.9%▼
2023 · 1.0%
Interest coverage
13.26▼
2023 · 21.12
Debt
€154k▲
2023 · €149k
Debt ≤ 1 year
€149k▲
2023 · €145k
Debt > 1 year
€5k=
2023 · €5k
Income taxes
€839▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€187k€194k▲
Fixed assets21/28€43k€25k▼
Tangible fixed assets22/27€41k€25k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€19k€8k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€2k-
Current assets29/58€144k€169k▲
Stocks and contracts in progress3€27k€47k▲
Stocks30/36€20k€22k▲
Contracts in progress37€8k€26k▲
Amounts receivable within one year40/41€114k€120k▲
Trade receivables40€88k€86k▼
Other amounts receivable41€26k€33k▲
Cash at bank and in hand54/58€35€1k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€187k€194k▲
Equity10/15€38k€40k▲
Contributions10/11€19k€19k=
Reserves13€20k€21k▲
Non-distributable reserves130/1€186€186=
Reserves not available under the articles1311€186€186=
Distributable reserves133€19k€21k▲
Amounts payable17/49€149k€154k▲
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€145k€149k▲
Financial debts43€10k€7k▼
Credit institutions430/8€10k€7k▼
Trade debts44€90k€104k▲
Suppliers440/4€90k€104k▲
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€9k€4k▼
Other amounts payable47/48€35k€34k▼
Accrued charges and deferred income492/3€68-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€21k▼
Other operating charges640/8€30k€20k▼
Gross operating margin9900€58k€44k▼
Operating profit (loss)9901€3k€3k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€3k€3k▼
Income taxes67/77€1k€839▼
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▼
Transfer to equity691/2€2k€2k▼
To other reserves6921€2k€2k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · MMM CONSTRUCT BV WIJNENDALESTRAAT 177, 8600 DIKSMUIDE · event 24-06-2026
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 166 days late
2025
24-10
KBO administration
Address strikeout annulled
08-08
KBO administration
Address struck
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲207%
Operating result €20k, net result €10k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €624 ▼48.9%
Net result drops to €624, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 163 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 525 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Diksmuide · 1 establishment unit since 2016
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.
Wijnendalestraat 1778600 DiksmuideGround area
1,334 m²
Building footprint
44 m²
Parcel 32024B0742/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
MMM CONSTRUCT
since 20162.258.732.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32024B0742/00F002 | Flanders | 1,334 m² | 1 · 44 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | ANN DECRUYENAERE KAASKERKESTRAAT 164,
8600 DIKSMUIDE |
24-06-2026 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-10-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.