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MMX

Active
Private limited companyfounded 20196 yrs activeTruweelstraat 9, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0737.865.043

MMX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-85k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 1985 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
27 / 100
Weak▼ -51 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-55
Solvency27▼-21
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.22 against 1.3 in 2024), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.3%
Return on assets
-25.8%
Age of the figures
17 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1985 sector peers (2025).
NBB · sector comparison
Position among 1985 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
3 d late
2021
3 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€54k▼ 61.3%
2024 · €139k
2021: €46k 2022: €67k 2023: €125k 2024: €139k
2021 → 2025
Total assets
€330k▼ 35.7%
2024 · €513k
2021: €171k 2022: €166k 2023: €304k 2024: €513k
2021 → 2025
Net result
€-85k
2024 · €15k
2021: €32k 2022: €22k 2023: €60k 2024: €15k
2021 → 2025
Working capital
€35k▼ 68.9%
2024 · €113k
2021: €43k 2022: €43k 2023: €106k 2024: €113k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€46k-€67k▲ 45.2%€125k▲ 87.5%€139k▲ 10.9%€54k▼ 61.3%
Operating result€52k-€31k▼ 40.5%€87k▲ 182%€32k▼ 63.5%€-72k
Net result€32k-€22k▼ 32.1%€60k▲ 178%€15k▼ 74.5%€-85k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2021: €52k€52kNet result 2021: €32k€32kOperating result 2022: €31k€31kNet result 2022: €22k€22kOperating result 2023: €87k€87kNet result 2023: €60k€60kOperating result 2024: €32k€32kNet result 2024: €15k€15kOperating result 2025: €-72k€-72kNet result 2025: €-85k€-85k20212022202320242025
The operating result turns negative in 2025: a loss of €72k after €32k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €330k
Fixed assets €136k▲ 417%
Current assets €194k▼ 60.2%
Equity and liabilities €330k
Equity €54k▼ 61.3%
Debt €276k▼ 26.2%
The debt ratio rises from 72.9% to 83.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-60k
2024 · €37k
Cash flow
€-74k
2024 · €21k
Solvency
16.3%
2024 · 27.1%
Current ratio
1.22
2024 · 1.30
Quick ratio
1.18
2024 · 1.28
Debt / equity
5.13
2024 · 2.69
ROE
-158.3%
2024 · 11.0%
ROA
-25.8%
2024 · 3.0%
Interest coverage
-4.58
2024 · 5.83
Debt
€276k
2024 · €374k
Debt ≤ 1 year
€159k
2024 · €374k
Debt > 1 year
€117k
Income taxes
€545
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€513k€330k
Fixed assets21/28€26k€136k
Intangible fixed assets21€2k-
Tangible fixed assets22/27€25k€136k
Furniture and vehicles24€11k€7k
Other tangible fixed assets26€14k€129k
Current assets29/58€487k€194k
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€328k€138k
Trade receivables40€310k€114k
Other amounts receivable41€18k€24k
Cash at bank and in hand54/58€142k€37k
Deferred charges and accrued income490/1€10k€12k
Equity and liabilities
Total equity and liabilities10/49€513k€330k
Equity10/15€139k€54k
Contributions10/11€15k€15k=
Reserves13€124k€124k=
Distributable reserves133€124k€124k=
Profit (loss) carried forward14-€-85k
Amounts payable17/49€374k€276k
Amounts payable after more than one year17-€117k
Financial debts170/4-€117k
Amounts payable within one year42/48€374k€159k
Current portion of amounts payable after more than one year42-€28k
Financial debts43€5k€5k
Credit institutions430/8€5k€5k
Trade debts44€328k€73k
Suppliers440/4€328k€73k
Taxes, remuneration and social security45€25k€8k
Taxes450/3€25k€8k
Other amounts payable47/48€16k€44k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€284€13k
Other operating charges640/8€1k€1k
Gross operating margin9900€39k€-45k
Operating profit (loss)9901€32k€-72k
Financial income75/76B€334€134
Recurring financial income75€334€134
Financial charges65/66B€6k€13k
Recurring financial charges65€6k€13k
Profit (loss) for the period before taxes9903€26k€-85k
Income taxes67/77€10k€545
Profit (loss) for the period9904€15k€-85k
Profit (loss) for the period to be appropriated9905€15k€-85k
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-85k
Transfer to equity691/2€14k-
To other reserves6921€14k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Weakest financial yearnet €-85k ▼657%
Net result drops to €-85k, the lowest in the series.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Highest result since 2021net €60k ▲178%
Operating result €87k, net result €60k, both a record.
31-03
Financial Equity above €100kEq €125k ▲87.5%
3 profitable years in a row build equity to €125k.
2022
03-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-05-2020 Resigned as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2024
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Truweelstraat 99100 Sint-Niklaas
Ground area
4,130 m²
Building footprint
1,275 m²
Volume, LiDAR
24,478 m³
2 parcels, Flanders · tallest building 32.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Georges Van Dammeplein 57, 9140 Temse
Joinery installation
since 20242.372.533.094
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B1190/00T008 Flanders 2,623 m² 1 · 961 m² 32.9 m · 8 fl.
46443E0085/00K000 Flanders 1,507 m² 1 · 314 m² 14.9 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,911 companies in sector 71112 we hold annual accounts for 1,290. 1,081 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-11-2019
Fiscal year end31-03
Trade name NL MaisonMax
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.