MMMM
ActiveSummary
The annual accounts of MMMM for fiscal year 2025 show a net loss of 143% of total assets and of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €13,685 and a net result of -€40,858. Equity is shrinking by ~34.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 49% of 1541 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 4 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,227 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €168 | €651 | €651 | €618 | ▼ 5.1% |
| Other operating charges640/8 | €102 | €109 | €362 | €120 | ▼ 66.8% |
| Gross operating margin9900 | €59,892 | €32,291 | -€22,825 | -€39,938 | ▼ 75.0% |
| Operating profit (loss)9901 | €59,622 | €31,531 | -€23,838 | -€40,676 | ▼ 70.6% |
| Financial income75/76B | €1 | €67 | - | €8 | - |
| Recurring financial income75 | €1 | €67 | - | €8 | - |
| Financial charges65/66B | €113 | €303 | €219 | €190 | ▼ 13.0% |
| Recurring financial charges65 | €113 | €303 | €219 | €190 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €59,510 | €31,295 | -€24,056 | -€40,858 | ▼ 69.8% |
| Income taxes67/77 | €12,167 | €7,538 | - | - | - |
| Profit (loss) for the period9904 | €47,343 | €23,756 | -€24,056 | -€40,858 | ▼ 69.8% |
| Transfer to tax-exempt reserves689 | - | €12,630 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €47,343 | €11,126 | -€24,056 | -€40,858 | ▼ 69.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €70,115 | €89,380 | €54,543 | €28,617 | ▼ 47.5% |
| Fixed assets21/28 | €2,013 | €1,362 | €711 | €93 | ▼ 86.9% |
| Tangible fixed assets22/27 | €2,013 | €1,362 | €711 | €93 | ▼ 86.9% |
| Plant, machinery and equipment23 | €873 | €1,041 | €504 | - | - |
| Furniture and vehicles24 | €1,139 | €321 | €207 | €93 | ▼ 55.0% |
| Current assets29/58 | €68,102 | €88,018 | €53,832 | €28,523 | ▼ 47.0% |
| Amounts receivable within one year40/41 | €515 | €31,224 | €9,444 | €1,578 | ▼ 83.3% |
| Trade receivables40 | €143 | €29,033 | €3,443 | €1,308 | ▼ 62.0% |
| Other amounts receivable41 | €372 | €2,191 | €6,001 | €270 | ▼ 95.5% |
| Cash at bank and in hand54/58 | €67,587 | €56,751 | €44,388 | €26,945 | ▼ 39.3% |
| Deferred charges and accrued income490/1 | - | €42 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €70,115 | €89,380 | €54,543 | €28,617 | ▼ 47.5% |
| Equity10/15 | €54,843 | €78,599 | €54,543 | €13,685 | ▼ 74.9% |
| Contributions10/11 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Reserves13 | €47,343 | €71,099 | €47,043 | €12,630 | ▼ 73.2% |
| Tax-exempt reserves132 | - | €12,630 | €12,630 | €12,630 | = |
| Distributable reserves133 | €47,343 | €58,469 | €34,413 | - | - |
| Profit (loss) carried forward14 | - | - | - | -€6,445 | - |
| Amounts payable17/49 | €15,272 | €10,780 | - | €14,932 | - |
| Amounts payable within one year42/48 | €15,272 | €10,780 | - | €14,932 | - |
| Trade debts44 | €135 | - | - | €1,101 | - |
| Suppliers440/4 | €135 | - | - | €1,101 | - |
| Taxes, remuneration and social security45 | €15,137 | €7,780 | - | - | - |
| Taxes450/3 | €15,137 | €7,780 | - | - | - |
| Other amounts payable47/48 | - | €3,000 | - | €13,831 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,343 | €23,756 | -€24,056 | -€40,858 | ▼ 69.8% |
| + Depreciation and write-downs630 | €168 | €651 | €651 | €618 | ▼ 5.1% |
| Operating cash flow (approximation) | €47,511 | €24,407 | -€23,405 | -€40,240 | ▼ 71.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€10,836 | -€12,363 | -€17,443 | ▼ 41.1% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0844/00G000 | Flanders | 789 m² | 1 · 782 m² | 26.4 m · 7 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 27,367 EUR awarded · 27,367 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 27,367 EUR | 27,367 EUR |
Similar companies · same sector, comparable size
Identification & contact
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.