MMR
ActiveSummary
MMR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.0m and a net result of €1.4m. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 94% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+1
Solvency100=
Growth57▲+11
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 3.25 against 0.78 in 2023; short-term debt: 3.1% and cash: 1.1% of total assets), and 3.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.9%
Return on assets
15.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
48 d early
2022
32 d early
2021
27 d early
2020
17 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
On 29 December 2014, MMR was incorporated.1 In 2026 the registered office moved to Sint-Katelijne-Waver.2 Of the 2 current board members, Achiel De Witte has served longest, since 2026.2 Revenue went from EUR 510,000 in 2018 to EUR 874,825 in 2024 and headcount from 1 full-time equivalents in 2019 to 1 in 2024.3
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#4 company by equity in Sint-Katelijne-Waver, Professional and technical services sector#5 company by total assets in Sint-Katelijne-Waver, Professional and technical services sector
Turnover
€874,825▼ 1.0%
2023 · €883,861
EBIT margin
34.6%▲ 0.3pp
2023 · 34.3%
Net result
€1.4m▲ 1.8%
2023 · €1.4m
Working capital
€646,541
2023 · -€568,696
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021202220232024
Turnover€636,000=€816,162▲ 28.3%€851,669▲ 4.4%€883,861▲ 3.8%€874,825▼ 1.0%
Operating result€280,249▲ 15.0%€278,590▼ 0.6%€284,359▲ 2.1%€303,052▲ 6.6%€302,945=
Net result€3.4mabove the sector's middle half▲ 194%€2.9mabove the sector's middle half▼ 12.7%€2.2mabove the sector's middle half▼ 26.5%€1.4mabove the sector's middle half▼ 35.0%€1.4mabove the sector's middle half▲ 1.8%
EBIT margin44.1%▲ 5.8pp34.1%▼ 9.9pp33.4%▼ 0.7pp34.3%▲ 0.9pp34.6%▲ 0.3pp
Equity€8.7mabove the sector's middle half▼ 6.7%€9.2mabove the sector's middle half▲ 5.1%€11.3mabove the sector's middle half▲ 23.6%€7.5mabove the sector's middle half▼ 33.5%€9.0mabove the sector's middle half▲ 19.0%
Total assets€9.0mabove the sector's middle half▼ 14.0%€9.5mabove the sector's middle half▲ 5.2%€11.6mabove the sector's middle half▲ 22.5%€10.1mabove the sector's middle half▼ 13.3%€9.2mabove the sector's middle half▼ 8.1%
Debt€277,983▼ 75.1%€306,544▲ 10.3%€276,975▼ 9.6%€2.5m▲ 814%€287,545▼ 88.6%
Working capital€466,000above the sector's middle half▼ 57.5%€1.2mabove the sector's middle half▲ 149%€3.3mabove the sector's middle half▲ 187%-€568,696below the sector's middle half€646,541above the sector's middle half
Solvency96.9%above the sector's middle half▲ 7.6pp96.8%above the sector's middle half▼ 0.1pp97.6%above the sector's middle half▲ 0.9pp74.8%within the sector's middle half▼ 22.8pp96.9%above the sector's middle half▲ 22.1pp
Current ratio2.68within the sector's middle half▲ 0.704.78above the sector's middle half▲ 2.1012.99above the sector's middle half▲ 8.210.78within the sector's middle half▼ 12.223.25within the sector's middle half▲ 2.47
Return on assets (ROA)37.5%above the sector's middle half▲ 26.5pp31.1%above the sector's middle half▼ 6.4pp18.6%above the sector's middle half▼ 12.4pp14.0%above the sector's middle half▼ 4.7pp15.5%above the sector's middle half▲ 1.5pp
Staff (FTE)1below the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.2m
Fixed assets
€8.3m ▲ 2.6%
Current assets
€934,086 ▼ 52.3%
Equity and liabilities €9.2m
Equity
€9.0m ▲ 19.0%
Debt
€287,545 ▼ 88.6%
Debt's share of the balance-sheet total falls from 25.2% to 3.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€313,843▲
2023 · €304,700
Cash flow
€1.4m▲
2023 · €1.4m
Debt to equity
0.03▼
2023 · 0.34
ROE
16.0%▼
2023 · 18.7%
Interest coverage
19.48▼
2023 · 23.93
Debt ≤ 1 year
€287,545▼
2023 · €2.5m
Income taxes
€83,211▼
2023 · €100,696
Staff costs
€120,567▼
2023 · €127,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €882,852 | €865,429 | €897,367 | €919,469 | ▲ 2.5% |
| Turnover70 | €636,000 | €816,162 | €851,669 | €883,861 | €874,825 | ▼ 1.0% |
| Other operating income74 | - | €16,690 | €13,760 | €13,506 | €4,498 | ▼ 66.7% |
| Non-recurring operating income76A | - | €50,000 | - | - | €40,146 | - |
| Operating charges60/66A | - | €604,262 | €581,070 | €594,315 | €616,524 | ▲ 3.7% |
| Services and other goods61 | - | €492,455 | €461,239 | €458,480 | €481,315 | ▲ 5.0% |
| Remuneration, social security and pensions62 | - | €109,581 | €114,427 | €127,435 | €120,567 | ▼ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1,648 | €10,898 | ▲ 561% |
| Other operating charges640/8 | - | €2,173 | €4,735 | €6,752 | €3,744 | ▼ 44.5% |
| Non-recurring operating charges66A | - | €53 | €669 | - | - | - |
| Operating profit (loss)9901 | €280,249 | €278,590 | €284,359 | €303,052 | €302,945 | = |
| Financial income75/76B | - | €2.7m | €2.0m | €1.2m | €1.2m | ▲ 1.0% |
| Recurring financial income75 | €3.6m | €2.7m | €2.0m | €1.2m | €1.2m | ▲ 1.0% |
| Income from financial fixed assets750 | - | €2.7m | €2.0m | €1.1m | €1.2m | ▲ 6.3% |
| Income from current assets751 | - | - | - | €86,527 | €27,908 | ▼ 67.7% |
| Other financial income752/9 | - | €54 | - | - | - | - |
| Financial charges65/66B | - | €9,069 | €8,561 | €13,096 | €17,883 | ▲ 36.6% |
| Recurring financial charges65 | €466,145 | €9,069 | €8,561 | €13,096 | €17,883 | ▲ 36.6% |
| Debt charges650 | €8,025 | €8,174 | €8,162 | €12,733 | €16,115 | ▲ 26.6% |
| Other financial charges652/9 | - | €895 | €399 | €363 | €1,768 | ▲ 387% |
| Profit (loss) for the period before taxes9903 | €3.5m | €3.0m | €2.2m | €1.5m | €1.5m | ▲ 0.5% |
| Income taxes67/77 | €87,227 | €76,166 | €76,796 | €100,696 | €83,211 | ▼ 17.4% |
| Taxes670/3 | - | €76,166 | €77,500 | €101,425 | €83,738 | ▼ 17.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | €704 | €729 | €527 | ▼ 27.7% |
| Profit (loss) for the period9904 | €3.4m | €2.9m | €2.2m | €1.4m | €1.4m | ▲ 1.8% |
| Profit (loss) for the period to be appropriated9905 | €3.4m | €2.9m | €2.2m | €1.4m | €1.4m | ▲ 1.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.0m | €9.5m | €11.6m | €10.1m | €9.2m | ▼ 8.1% |
| Fixed assets21/28 | €8.3m | €8.0m | €8.0m | €8.1m | €8.3m | ▲ 2.6% |
| Tangible fixed assets22/27 | €250,000 | - | - | €13,854 | €225,284 | ▲ 1,526% |
| Plant, machinery and equipment23 | - | - | - | - | €20,835 | - |
| Furniture and vehicles24 | - | - | - | €13,854 | €204,449 | ▲ 1,376% |
| Financial fixed assets28 | €8.0m | €8.0m | €8.0m | €8.1m | €8.1m | = |
| Affiliated companies280/1 | - | €8.0m | €8.0m | €8.1m | €8.1m | = |
| Participating interests280 | - | €8.0m | €8.0m | €8.1m | €8.1m | = |
| Current assets29/58 | €743,613 | €1.5m | €3.6m | €2.0m | €934,086 | ▼ 52.3% |
| Amounts receivable after more than one year29 | - | - | - | €344,600 | - | - |
| Other amounts receivable291 | - | - | - | €344,600 | - | - |
| Amounts receivable within one year40/41 | €38,446 | €217,381 | €241,438 | €290,361 | €250,170 | ▼ 13.8% |
| Trade receivables40 | - | €217,381 | €241,169 | €273,361 | €232,050 | ▼ 15.1% |
| Other amounts receivable41 | - | - | €269 | €17,000 | €18,120 | ▲ 6.6% |
| Current investments50/53 | €100 | - | - | €750,000 | €575,000 | ▼ 23.3% |
| Other investments51/53 | - | - | - | €750,000 | €575,000 | ▼ 23.3% |
| Cash at bank and in hand54/58 | €703,574 | €1.2m | €3.4m | €554,892 | €97,742 | ▼ 82.4% |
| Deferred charges and accrued income490/1 | - | €6,119 | €2,168 | €20,186 | €11,174 | ▼ 44.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.0m | €9.5m | €11.6m | €10.1m | €9.2m | ▼ 8.1% |
| Equity10/15 | €8.7m | €9.2m | €11.3m | €7.5m | €9.0m | ▲ 19.0% |
| Contributions10/11 | - | €1.6m | €1.6m | €1.1m | €1.1m | = |
| Reserves13 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Non-distributable reserves130/1 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves not available under the articles1311 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Distributable reserves133 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Profit (loss) carried forward14 | €6.0m | €7.1m | €9.3m | €6.1m | €7.5m | ▲ 23.6% |
| Amounts payable17/49 | €277,983 | €306,544 | €276,975 | €2.5m | €287,545 | ▼ 88.6% |
| Amounts payable within one year42/48 | €277,613 | €306,544 | €276,975 | €2.5m | €287,545 | ▼ 88.6% |
| Trade debts44 | €1,240 | €56,375 | €44,518 | €43,477 | €38,238 | ▼ 12.1% |
| Suppliers440/4 | - | €56,375 | €44,518 | €43,477 | €38,238 | ▼ 12.1% |
| Taxes, remuneration and social security45 | - | €44,447 | €26,744 | €1.1m | €38,026 | ▼ 96.5% |
| Taxes450/3 | - | €35,609 | €17,988 | €1.1m | €21,327 | ▼ 98.0% |
| Remuneration and social security454/9 | - | €8,838 | €8,756 | €15,885 | €16,699 | ▲ 5.1% |
| Other amounts payable47/48 | - | €205,722 | €205,713 | €1.4m | €211,281 | ▼ 85.0% |
| Accrued charges and deferred income492/3 | - | - | - | €3,092 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.4m | €2.9m | €2.2m | €1.4m | €1.4m | ▲ 1.8% |
| + Depreciation and write-downs630 | - | - | - | €1,648 | €10,898 | ▲ 561% |
| Operating cash flow (approximation) | €3.4m | €2.9m | €2.2m | €1.4m | €1.4m | ▲ 2.4% |
| Investment in fixed assets (approximation) | - | €250,000 | €0 | -€99,355 | -€222,328 | ▼ 124% |
| Change in cash | - | €537,729 | €2.1m | -€2.8m | -€457,150 | ▲ 83.7% |
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
2026
07-09
State Gazette act
Algemene Vergadering - BoekjaarPurpose change · Capital conversion · Statutes amendment8 facts ▸
State Gazette act
Algemene Vergadering - Boekjaar
Purpose change · Capital conversion · Statutes amendment8 facts ▸
- General meeting, 26-08-2026
- Purpose change
- Capital conversion, beschikbaar voor uitkering
- Statutes amendment, 7
- Statutes amendment, 11
- Statutes amendment
- Power of attorney
- Power of attorney, Ampe & De Vusser
27-03
State Gazette act
Resignation: Olivier Ringoot (director)Appointments: Achiel De Witte (director) and Jurgen De Witte (director) · Director discharge · Mandate compensation12 facts ▸
State Gazette act
Resignation: Olivier Ringoot (director)
Appointments: Achiel De Witte (director) and Jurgen De Witte (director) · Director discharge · Mandate compensation12 facts ▸
- General meeting, 10 maart 2026
- Director resignation, Olivier Ringoot (director)
- Director discharge, Olivier Ringoot (director)
- Director appointment, Achiel De Witte (director)
- Mandate compensation, Achiel De Witte
- Director appointment, Jurgen De Witte (director)
- Mandate compensation, Jurgen De Witte
- Registered-office move, Hoveniersstraat 15, 2860 Sint-Katelijne-Waver
- Power of attorney, Mr. İvan Reyns
- Power of attorney, Mr. Nicolas Verhelle
- Power of attorney, Mr. Olivier Kerkhofs
- Power of attorney, Mr. Ruben De Raedemaeker
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 3.25
Current ratio from 0.78 to 3.25; short-term debt falls from €2.5m to €287,545.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 12.99
Current ratio from 4.78 to 12.99; short-term debt falls from €306,544 to €276,975.
31-12
Financial
Equity above €10mEq €11.3m ▲23.6%
5 profitable years in a row build equity to €11.3m.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €3.4m ▲194%
Net result €3.4m, the highest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €1.1m ▼29.6%
Net result drops to €1.1m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.98
Current ratio from 0.89 to 1.98.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 2 have been read. The other 6 have not 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
2 directors, last change in 2026
Achiel De Witte
CurrentDirector · since 10-03-2026
Jurgen De Witte
CurrentDirector · since 10-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2014
Ground area
1.4 ha
Building footprint
520 m²
Volume, LiDAR
1,283 m³
2 parcels, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
MMR
since 20142.238.218.976
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0476/00K002 | Flanders | 1.1 ha | 1 · 171 m² | 8.6 m · 3 fl. |
| 23012G0229/00E000 | Flanders | 2,890 m² | 1 · 349 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Achiel De Witte |
|
| Jurgen De Witte |
|
| RINGOOT Olivier |
|
Articles of association
Financial year
From 1 October to 30 September
Annual meeting
Last Wednesday of March at 10:00; the first on 29-03-2028
Other statement
Deelneming aan de algemene vergadering op afstand langs elektronische weg, 24
Uitoefening van het stemrecht langs elektronische weg vóór de algemene vergadering (uitbreiding van de stemming per brief), 25
Board rule
One provision in the deed
Structure & network
Owners and holdings
1 holding · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Les Rives Ringoot 100%2 subsidiaries
- RINGOOT FRUIT 100%
- RINGOOT OVERSEAS 100%
According to the 2024 annual accounts of MMR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 07-09-2026 Converted to available equity
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 148 EUR awarded · 148 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 148 EUR | 148 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
89450055DE9KT79PPU59
Similar companies · same sector, comparable size
JDIC
BE 0546.755.544
Anzegem · Eq €8,952,794
Aviapartner Holding
BE 0432.388.386
Zaventem · Eq €8,951,415
Alain HANOT ET Cie.
BE 0468.740.226
Mons · Eq €8,962,035
D & D HOLDING
BE 0597.674.804
Antwerpen · Eq €8,946,607
AFORE CONSULTING
BE 0893.445.323
Elsene · Eq €8,965,530
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 7,409 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
Founded29-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0507793614
Registered
27-03-2026
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.