MMMM
Annual accounts 2025
micro format, filed on 06-08-2026, 6 days lateTurnover and EBIT margin are not published. The micro format does not require them.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €28,617 on 31-12-2025in euro
in euro
Position in the sector
47.8%
Higher than 50% of 1,871 companies in 2025.
1.91
Higher than 52% of 1,776 companies in 2025.
-142.8%
Lower than 95% of 1,795 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
28,617 | 54,543 | 89,380 | 70,115 | |
21/28 |
93 | 711 | 1,362 | 2,013 | |
22/27 |
93 | 711 | 1,362 | 2,013 | |
23 |
- | 504 | 1,041 | 873 | |
24 |
93 | 207 | 321 | 1,139 | |
29/58 |
28,523 | 53,832 | 88,018 | 68,102 | |
40/41 |
1,578 | 9,444 | 31,224 | 515 | |
40 |
1,308 | 3,443 | 29,033 | 143 | |
41 |
270 | 6,001 | 2,191 | 372 | |
54/58 |
26,945 | 44,388 | 56,751 | 67,587 | |
490/1 |
- | - | 42 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
28,617 | 54,543 | 89,380 | 70,115 | |
10/15 |
13,685 | 54,543 | 78,599 | 54,843 | |
10/11 |
7,500 | 7,500 | 7,500 | 7,500 | |
13 |
12,630 | 47,043 | 71,099 | 47,343 | |
132 |
12,630 | 12,630 | 12,630 | - | |
133 |
- | 34,413 | 58,469 | 47,343 | |
14 |
-6,445 | - | - | - | |
17/49 |
14,932 | - | 10,780 | 15,272 | |
42/48 |
14,932 | - | 10,780 | 15,272 | |
44 |
1,101 | - | - | 135 | |
440/4 |
1,101 | - | - | 135 | |
45 |
- | - | 7,780 | 15,137 | |
450/3 |
- | - | 7,780 | 15,137 | |
47/48 |
13,831 | - | 3,000 | - | |
| Income statement | |||||
9900 |
-39,938 | -22,825 | 32,291 | 59,892 | |
630 |
618 | 651 | 651 | 168 | |
640/8 |
120 | 362 | 109 | 102 | |
9901 |
-40,676 | -23,838 | 31,531 | 59,622 | |
75/76B |
8 | - | 67 | 1 | |
75 |
8 | - | 67 | 1 | |
65/66B |
190 | 219 | 303 | 113 | |
65 |
190 | 219 | 303 | 113 | |
9903 |
-40,858 | -24,056 | 31,295 | 59,510 | |
67/77 |
- | - | 7,538 | 12,167 | |
9904 |
-40,858 | -24,056 | 23,756 | 47,343 | |
689 |
- | - | 12,630 | - | |
9905 |
-40,858 | -24,056 | 11,126 | 47,343 | |
| Appropriation of the result | |||||
9906 |
-40,858 | -24,056 | 11,126 | 47,343 | |
791/2 |
34,413 | 24,056 | - | - | |
691/2 |
- | - | 11,126 | 47,343 | |
6921 |
- | - | 11,126 | 47,343 | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 6 days after the deadline. Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00391237.
Subsidies and aid
Flemish government 2024, 1 entry, €27,367 awarded, €27,367 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -40,058 | -23,187 | 32,182 | 59,790 | ||
| -40,240 | -23,405 | 24,407 | 47,511 | ||
| 0 | 0 | 1,611 | 2,180 | ||
| -17,443 | -12,363 | -10,836 | - | ||
| 13,592 | - | 77,238 | 52,830 | ||
| 47.8% | 100.0% | 87.9% | 78.2% | ||
| 1.91 | - | 8.16 | 4.46 | ||
| 1.09 | - | 0.14 | 0.28 | ||
| -298.6% | -44.1% | 30.2% | 86.3% | ||
| -142.8% | -44.1% | 26.6% | 67.5% | ||
| -210.61 | -106.10 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,611 | €2,180 |
| €618 | €651 | €651 | €168 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MMMM
The operating result for 2025 is a loss of €40,676, larger than the loss of €23,838 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total is 52.2%.