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MMMR

Open bankruptcy
Private limited companyfounded 2019Minister E. Rubbenslaan 3, 9240 Zele, BelgiumKBO/BCE: BE 0737.817.731
Summary

A bankruptcy procedure is open for MMMR according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (-€88,652) and a net result of -€103,400.

Are 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 Ghent, Dendermonde division
Declared bankrupt
27 May 2024
Supervising judge
Guido Henkens
Official Gazette
31-05-2024 (pdf) ↗search the document for 2024/122223

Deadlines

Provisional date payments stopped
24 May 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 15 June 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 June 2024art. XX.104 and XX.155 CEL
First verification report
passed on 5 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 27 May 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-10-2023, 88 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
88 d late
2021
60 d late
2020
30 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 59 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 November 2019, MMMR was incorporated as a Private limited company.1 Total assets went from EUR 24,439 in 2020 to EUR 411,570 in 2022.2 The company was declared bankrupt on 27 May 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022
  3. 3Belgian State Gazette, 31-05-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Turnover
€752,543
EBIT margin
0.6%
Net result
-€103,400
2021 · €4,058
Working capital
-€105,925▼ 1,470%
2021 · -€6,748
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, 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
Line202020212022
Turnover€752,543
Operating result€9,280-€4,217▼ 54.6%-€89,380
Net result€6,691within the sector's middle half-€4,058within the sector's middle half▼ 39.4%-€103,400below the sector's middle half
EBIT margin0.6%
Equity€10,691within the sector's middle half-€14,749within the sector's middle half▲ 38.0%-€88,652below the sector's middle half
Total assets€24,439below the sector's middle half-€207,869within the sector's middle half▲ 751%€411,570above the sector's middle half▲ 98.0%
Debt€13,748-€193,121▲ 1,305%€500,221▲ 159%
Working capital€6,729within the sector's middle half--€6,748within the sector's middle half-€105,925below the sector's middle half▼ 1,470%
Solvency43.7%within the sector's middle half-7.1%within the sector's middle half▼ 36.7pp-21.5%below the sector's middle half▼ 28.6pp
Current ratio1.49within the sector's middle half-0.97within the sector's middle half▼ 0.520.78within the sector's middle half▼ 0.19
Return on assets (ROA)27.4%above the sector's middle half-2.0%within the sector's middle half▼ 25.4pp-25.1%below the sector's middle half▼ 27.1pp
Staff (FTE)13.352.5▲ 295%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, 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
-€150,000-€100,000-€50,000€0Operating result 2020: €9,280€9,280Net result 2020: €6,691€6,691Operating result 2021: €4,217€4,217Net result 2021: €4,058€4,058Operating result 2022: -€89,380-€89,380Net result 2022: -€103,400-€103,400202020212022-€150,000-€100,000-€50,000€0Operating result 2020: €9,280€9,280Net result 2020: €6,691€6,690Operating result 2021: €4,217€4,220Net result 2021: €4,058€4,060Operating result 2022: -€89,380-€89,400Net result 2022: -€103,400-€103,000202020212022
The operating result turns negative in 2022: a loss of €89,380 after €4,217 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €411,570
Fixed assets €37,394 ▲ 74.0%
Current assets €374,175 ▲ 101%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€85,698▼
2021 · €6,197
Cash flow
-€99,719▼
2021 · €6,037
Quick ratio
0.68▼
2021 · 0.97
Debt to equity
-5.64▼
2021 · 13.09
Interest coverage
-58.44▼
2021 · 38.87
Debt ≤ 1 year
€480,100▲
2021 · €193,121
Debt > 1 year
€20,000
Income taxes
€2,554
Staff costs
€2.1m▲
2021 · €454,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet Code20212022
Assets
Total assets20/58€207,869€411,570▲
Fixed assets21/28€21,497€37,394▲
Tangible fixed assets22/27€7,482€16,039▲
Plant, machinery and equipment23-€1,121
Furniture and vehicles24€7,482€6,332▼
Other tangible fixed assets26-€8,586
Financial fixed assets28€14,015€21,355▲
Current assets29/58€186,372€374,175▲
Amounts receivable after more than one year29-€48,471
Trade receivables290-€48,471
Stocks and contracts in progress3-€48,110
Contracts in progress37-€48,110
Amounts receivable within one year40/41€179,836€271,954▲
Trade receivables40€94,198€124,807▲
Other amounts receivable41€85,638€147,147▲
Cash at bank and in hand54/58€5,913€2,741▼
Deferred charges and accrued income490/1€623€2,899▲
Equity and liabilities
Total equity and liabilities10/49€207,869€411,570▲
Equity10/15€14,749-€88,652▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€10,749-€92,652▼
Amounts payable17/49€193,121€500,221▲
Amounts payable after more than one year17-€20,000
Financial debts170/4-€20,000
Amounts payable within one year42/48€193,121€480,100▲
Financial debts43-€10,379
Credit institutions430/8-€10,379
Trade debts44€166,888€431,045▲
Suppliers440/4€166,888€431,045▲
Taxes, remuneration and social security45€26,233€38,676▲
Taxes450/3€26,233€35,839▲
Remuneration and social security454/9-€2,837
Accrued charges and deferred income492/3-€121
Income statement Code20212022
Turnover70€752,543-
Goods, raw materials, services and sundry goods60/61€289,030€481,078▲
Remuneration, social security and pensions62€454,450€2.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,979€3,682▲
Other operating charges640/8€2,866€7,631▲
Gross operating margin9900€463,513€2.0m▲
Operating profit (loss)9901€4,217-€89,380▼
Financial charges65/66B€159€11,466▲
Recurring financial charges65€159€1,466▲
Non-recurring financial charges66B-€10,000
Profit (loss) for the period before taxes9903€4,058-€100,846▼
Income taxes67/77-€2,554
Profit (loss) for the period9904€4,058-€103,400▼
Profit (loss) for the period to be appropriated9905€4,058-€103,400▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,749-€92,652▼
Profit (loss) brought forward from the previous period14P€6,691€10,749▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Turnover70-€752,543--
Goods, raw materials, services and sundry goods60/61-€289,030€481,078▲ 66.4%
Remuneration, social security and pensions62-€454,450€2.1m▲ 358%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,038€1,979€3,682▲ 86.0%
Other operating charges640/8-€2,866€7,631▲ 166%
Gross operating margin9900€11,078€463,513€2.0m▲ 332%
Operating profit (loss)9901€9,280€4,217-€89,380▼ 2,219%
Recurring financial income75€10---
Financial charges65/66B-€159€11,466▲ 7,092%
Recurring financial charges65€24€159€1,466▲ 820%
Non-recurring financial charges66B--€10,000-
Profit (loss) for the period before taxes9903€9,265€4,058-€100,846▼ 2,585%
Income taxes67/77€2,574-€2,554-
Profit (loss) for the period9904€6,691€4,058-€103,400▼ 2,648%
Profit (loss) for the period to be appropriated9905€6,691€4,058-€103,400▼ 2,648%
Line202020212022Change
Assets
Total assets20/58€24,439€207,869€411,570▲ 98.0%
Fixed assets21/28€3,962€21,497€37,394▲ 74.0%
Tangible fixed assets22/27€3,962€7,482€16,039▲ 114%
Plant, machinery and equipment23--€1,121-
Furniture and vehicles24-€7,482€6,332▼ 15.4%
Other tangible fixed assets26--€8,586-
Financial fixed assets28-€14,015€21,355▲ 52.4%
Current assets29/58€20,477€186,372€374,175▲ 101%
Amounts receivable after more than one year29--€48,471-
Trade receivables290--€48,471-
Stocks and contracts in progress3--€48,110-
Contracts in progress37--€48,110-
Amounts receivable within one year40/41€20,049€179,836€271,954▲ 51.2%
Trade receivables40-€94,198€124,807▲ 32.5%
Other amounts receivable41-€85,638€147,147▲ 71.8%
Cash at bank and in hand54/58-€5,913€2,741▼ 53.6%
Deferred charges and accrued income490/1-€623€2,899▲ 365%
Equity and liabilities
Total equity and liabilities10/49€24,439€207,869€411,570▲ 98.0%
Equity10/15€10,691€14,749-€88,652▼ 701%
Contributions10/11-€4,000€4,000=
Profit (loss) carried forward14€6,691€10,749-€92,652▼ 962%
Amounts payable17/49€13,748€193,121€500,221▲ 159%
Amounts payable after more than one year17--€20,000-
Financial debts170/4--€20,000-
Amounts payable within one year42/48€13,748€193,121€480,100▲ 149%
Financial debts43--€10,379-
Credit institutions430/8--€10,379-
Trade debts44€2,610€166,888€431,045▲ 158%
Suppliers440/4-€166,888€431,045▲ 158%
Taxes, remuneration and social security45-€26,233€38,676▲ 47.4%
Taxes450/3-€26,233€35,839▲ 36.6%
Remuneration and social security454/9--€2,837-
Accrued charges and deferred income492/3--€121-
Line202020212022Change
Profit (loss) for the period9904€6,691€4,058-€103,400▼ 2,648%
+ Depreciation and write-downs630€1,038€1,979€3,682▲ 86.0%
Operating cash flow (approximation)€7,729€6,037-€99,719▼ 1,752%
Investment in fixed assets (approximation)--€19,515-€19,579▼ 0.3%
Change in cash---€3,171-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
31-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 27-05-2024
2023
27-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial Weakest financial yearnet -€103,400
Net result drops to -€103,400, the lowest in the series.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Zele · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
196 m²
Building footprint
120 m²
Volume, LiDAR
818 m³
Parcel 42402F0346/00C003, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MMMR
Minister E. Rubbenslaan 3, 9240 ZeleOther business support services
since 20192.295.865.185
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42402F0346/00C003 Flanders 196 m² 1 · 120 m² 12.2 m · 3 fl.
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 ANNE-MARIE LAUREYS
ROOMSTRAAT 40, 9160 LOKEREN
27-05-2024 → present
Curator MARIE-LAURE DE SMEDT
ROOMSTRAAT 40, 9160 LOKEREN-
27-05-2024 → present

Similar companies · same sector, comparable size

Of 599 companies in sector 10111 we hold annual accounts for 331. 146 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
Founded19-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
Contact
E-mail mmmrmmmr19@gmail.com
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 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.