Equity
-€106,021
Debts exceed assets in financial year 2025.
MMRB
Lifetime
2 annual accounts with figures on one time axispeak €52,334 (2025)
€52,334▲ €61,392
lowest -€120,918 (2024)
-€15,103▲ €105,816
peak -€90,918 (2024)
-€106,021▼ €15,103
€1.2m▲ 3.2%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from -€9,058 to €52,334Loss of €15,103Equity from -€90,918 to -€106,021
Key points
from the 2025 annual accountsResult
-€15,103 ▲ 87.5%
The result rose in 2025 from -€120,918 to -€15,103.
Turnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€1.2m 109% of the balance sheet
Financial debts 45%Suppliers 1%Taxes and wages 0%Other 54%
Of this, €43,461 falls due within a year.
Investments
€62,283 1.6 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€106,021
Less equity than 89% of companies in accommodation. Sector median €58,009 · 1,853 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,252 companies had the same profile as MMRB has now. Each dot stands for 4 companies, two years later.
96.4%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,252 companies, not a prediction for MMRB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 50 sharesdeed of 08-03-2023
- 50 sharesdeed of 08-03-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799199628
Incorporation
Founding capital of €30,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 08-03-2023 · Gazette deed
First establishment
Duinparklaan 7, Koksijde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MMRB Koksijde | €1.1m | €52,334 | -9.5% | - |
| MON JOLI GÎTE Martelange | €1.0m | €66,737 | 3.2% | - |
| FELISA Brasschaat | €1.1m | €42,336 | -2.8% | - |
| Makkers Voeren | €1.3m | €50,835 | 4.0% | - |
| WDL International Invest Genk | €0.8m | €42,812 | 6.7% | - |
| Etienne Renard Kruisem | €0.9m | €74,478 | -13.2% | - |
| PACKANDGO Damme | €0.9m | €46,047 | 19.4% | - |
These companies have the same main activity as MMRB: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €809,000 and €1.3m, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 06-03-2023Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203and 2 others
- Establishment unit
- 2.342.591.6698670 Koksijde, since 06-03-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 02-09-2025
Annual accounts to 30-06-2025
- €1.1m▲ 2.1%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on MMRB
MMRB has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€106,021) and a net result of -€15,103.
Its solvency ranks better than 22% of 1,851 sector peers (NACE 55, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MMRB
- What is the company number of MMRB?
- The company number of MMRB is 0799.199.628. The VAT number is the same number with BE in front: BE 0799.199.628.
- Where is MMRB based?
- The registered office is at Duinparklaan 7, 8670 Koksijde.Company details
- What does MMRB do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of MMRB?
- MMRB is a private limited company (BV).
- When was MMRB founded?
- MMRB was founded on 06-03-2023.
- Is MMRB still active?
- Yes, MMRB is an active enterprise in the KBO register.
- What is the turnover of MMRB?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €52,334 and 2,982 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
- Is MMRB profitable?
- In financial year 2025, MMRB made a loss of €15,103.
- Where can I find the annual accounts of MMRB?
- MMRB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MMRB due?
- MMRB must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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