MMM's
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 23 May 2024
- Supervising judge
- Hilde Claes
- Official Gazette
- 30-05-2024 (pdf) ↗search the document for 2024/122030
Deadlines
- Provisional date payments stopped
- 23 May 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 14 June 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 22 June 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 4 July 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 23 May 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Cecile NoelmansMoerenstraat 33, 3700 Tongerencnoelmans@noelmansadv.be
- Catherine NoelmansMoeren- Straat 33, 3700 Tongerencatherine.noelmans@noelmansadv.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2022
30 d late
2021
54 d late
2020
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 35 days after the deadline; the sector median for financial year 2022 is on the deadline day, and 50% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€19,384▼ 8.8%
2021 · €21,246
Total assets
€85,769▲ 11.8%
2021 · €76,748
Net result
-€1,862
2021 · €3,712
Working capital
€25,897▼ 10.4%
2021 · €28,896
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result€15,453-€6,315▼ 59.1%-€17,467
Net result€13,535within the sector's middle half-€3,712within the sector's middle half▼ 72.6%-€1,862within the sector's middle half
Equity€17,535within the sector's middle half-€21,246within the sector's middle half▲ 21.2%€19,384within the sector's middle half▼ 8.8%
Total assets€59,751below the sector's middle half-€76,748within the sector's middle half▲ 28.4%€85,769within the sector's middle half▲ 11.8%
Debt€42,217-€55,502▲ 31.5%€66,385▲ 19.6%
Working capital€28,797within the sector's middle half-€28,896within the sector's middle half▲ 0.3%€25,897within the sector's middle half▼ 10.4%
Solvency29.3%within the sector's middle half-27.7%within the sector's middle half▼ 1.7pp22.6%within the sector's middle half▼ 5.1pp
Current ratio2.88above the sector's middle half-1.85within the sector's middle half▼ 1.031.53within the sector's middle half▼ 0.33
Return on assets (ROA)22.7%above the sector's middle half-4.8%within the sector's middle half▼ 17.8pp-2.2%within the sector's middle half▼ 7.0pp
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
The operating result turns negative in 2022: a loss of €17,467 after €6,315 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €85,747
Fixed assets
€10,680 ▼ 20.5%
Current assets
€75,067 ▲ 19.5%
Equity and liabilities €85,769
Equity
€19,384 ▼ 8.8%
Debt
€66,385 ▲ 19.6%
Debt's share of the balance-sheet total rises from 72.3% to 77.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€14,224▼
2021 · €9,369
Cash flow
€1,381▼
2021 · €6,765
Quick ratio
0.23▼
2021 · 0.46
Debt to equity
3.42▲
2021 · 2.61
ROE
-9.6%▼
2021 · 17.5%
Interest coverage
-5.32▼
2021 · 5.81
Debt ≤ 1 year
€49,169▲
2021 · €33,906
Debt > 1 year
€17,216▼
2021 · €21,596
Income taxes
€49▼
2021 · €1,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €10,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,325 | €3,053 | €3,243 | ▲ 6.2% |
| Other operating charges640/8 | - | €622 | €2,403 | ▲ 286% |
| Gross operating margin9900 | €17,855 | €9,991 | -€11,821 | ▼ 218% |
| Operating profit (loss)9901 | €15,453 | €6,315 | -€17,467 | ▼ 377% |
| Financial income75/76B | - | €125 | €18,328 | ▲ 14,574% |
| Recurring financial income75 | €31 | €125 | €96 | ▼ 22.8% |
| Non-recurring financial income76B | - | - | €18,232 | - |
| Financial charges65/66B | - | €1,611 | €2,674 | ▲ 65.9% |
| Recurring financial charges65 | €688 | €1,611 | €2,674 | ▲ 65.9% |
| Profit (loss) for the period before taxes9903 | €14,795 | €4,829 | -€1,813 | ▼ 138% |
| Income taxes67/77 | €1,261 | €1,117 | €49 | ▼ 95.6% |
| Profit (loss) for the period9904 | €13,535 | €3,712 | -€1,862 | ▼ 150% |
| Profit (loss) for the period to be appropriated9905 | €13,535 | €3,712 | -€1,862 | ▼ 150% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €59,751 | €76,748 | €85,769 | ▲ 11.8% |
| Formation expenses20 | €1,024 | €511 | €22 | ▼ 95.7% |
| Fixed assets21/28 | €14,604 | €13,435 | €10,680 | ▼ 20.5% |
| Tangible fixed assets22/27 | €12,604 | €11,435 | €8,680 | ▼ 24.1% |
| Plant, machinery and equipment23 | - | €10,178 | €7,831 | ▼ 23.1% |
| Furniture and vehicles24 | - | €1,257 | €850 | ▼ 32.4% |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €44,123 | €62,802 | €75,067 | ▲ 19.5% |
| Stocks and contracts in progress3 | €29,328 | €47,278 | €63,517 | ▲ 34.3% |
| Stocks30/36 | - | €47,278 | €63,517 | ▲ 34.3% |
| Amounts receivable within one year40/41 | €170 | €2,538 | €191 | ▼ 92.5% |
| Trade receivables40 | - | €2,538 | €191 | ▼ 92.5% |
| Cash at bank and in hand54/58 | €14,575 | €12,706 | €11,235 | ▼ 11.6% |
| Deferred charges and accrued income490/1 | - | €280 | €124 | ▼ 55.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €59,751 | €76,748 | €85,769 | ▲ 11.8% |
| Equity10/15 | €17,535 | €21,246 | €19,384 | ▼ 8.8% |
| Contributions10/11 | - | €4,000 | €4,000 | = |
| Reserves13 | €13,535 | €17,246 | €17,246 | = |
| Distributable reserves133 | - | €17,246 | €17,246 | = |
| Profit (loss) carried forward14 | - | - | -€1,862 | - |
| Amounts payable17/49 | €42,217 | €55,502 | €66,385 | ▲ 19.6% |
| Amounts payable after more than one year17 | €25,849 | €21,596 | €17,216 | ▼ 20.3% |
| Financial debts170/4 | - | €21,596 | €17,216 | ▼ 20.3% |
| Amounts payable within one year42/48 | €15,326 | €33,906 | €49,169 | ▲ 45.0% |
| Current portion of amounts payable after more than one year42 | - | €4,253 | €4,380 | ▲ 3.0% |
| Trade debts44 | €1,430 | €10,384 | €28,611 | ▲ 176% |
| Suppliers440/4 | - | €10,384 | €28,611 | ▲ 176% |
| Taxes, remuneration and social security45 | - | €8,745 | €13,333 | ▲ 52.5% |
| Taxes450/3 | - | €8,745 | €13,333 | ▲ 52.5% |
| Other amounts payable47/48 | - | €10,525 | €2,845 | ▼ 73.0% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,535 | €3,712 | -€1,862 | ▼ 150% |
| + Depreciation and write-downs630 | €2,325 | €3,053 | €3,243 | ▲ 6.2% |
| Operating cash flow (approximation) | €15,860 | €6,765 | €1,381 | ▼ 79.6% |
| Investment in fixed assets (approximation) | - | -€1,884 | -€489 | ▲ 74.0% |
| Change in cash | - | -€1,869 | -€1,471 | ▲ 21.3% |
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
2024
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-05-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€1,862
Net result drops to -€1,862, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 2019
Ground area
5,307 m²
Building footprint
763 m²
Volume, LiDAR
625 m³
Parcel 71067B1162/00A000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
1 establishment unit
MMM's
since 20192.296.432.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B1162/00A000 | Flanders | 5,307 m² | 1 · 763 m² | 6.5 m |
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CECILE NOELMANS Moerenstraat 33, 3700 Tongeren |
23-05-2024 → present |
| Curator | CATHERINE NOELMANS Moeren- Straat 33, 3700 Tongeren |
23-05-2024 → present |
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Of 6,488 companies in this sector we hold annual accounts for 2,440. 1,560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded06-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
47721Retail sale of footwear
Contact
Website
www.mmmsfashion.be
E-mail
info@mmmsfashion.be
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.