MMZ GROUP

Active

Private limited companyfounded 20196 yrs activeKeizer Karellaan 584, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0738.448.825

The computed 12-month bankruptcy probability of MMZ GROUP is 10.2% (high). The 2024 annual accounts show negative equity (€-8k) and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 6717 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

12 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-72

Solvency0▼-56

Growth40▼-45

Track record100

Bankruptcy probability, 12 months

10.2% High

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.31 against 1.44 in 2023; short-term debt: 130.4% and cash: 19.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

-30.4%

Return on assets

-88.8%

Age of the figures

21 mo

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year €-8k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

92 d late

2023

50 d late

2022

60 d late

2021

207 d late

2020

109 d late

← before the deadline after the deadline →

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 2024, micro schema

Turnover

€77k▼ 38.5%

2023 · €126k

2020: €59k 2021: €126k 2022: €121k 2023: €126k

2020 → 2024

EBIT margin

-31.2%▼ 37.1pp

2023 · 5.9%

2020: -3.6% 2021: 7.1% 2022: -6.4% 2023: 5.9%

2020 → 2024

Net result

€-24k

2023 · €7k

2020: €-2k 2021: €9k 2022: €-8k 2023: €7k

2020 → 2024

Working capital

€-25k

2023 · €16k

2020: €826 2021: €13k 2022: €9k 2023: €16k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€59k-€126k▲ 112%€121k▼ 3.9%€126k▲ 4.1%€77k▼ 38.5%

Equity€8k-€17k▲ 112%€9k▼ 46.9%€16k▲ 81.5%€-8k

Operating result€-2k-€9k€-8k€7k€-24k

Net result€-2k-€9k€-8k€7k€-24k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €24k after €7k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €27k

60.2%

39.8%

Fixed assets €17k▲ 9,124%

Current assets €11k▼ 78.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-24k

Cash flow

€-24k

Solvency

-30.4%▼

2023 · 31.0%

Current ratio

0.31▼

2023 · 1.44

Quick ratio

0.31▼

2023 · 1.44

Debt / equity

-4.28▼

2023 · 2.23

ROA

-88.8%▼

2023 · 13.9%

Interest coverage

-111.45

Debt

€36k▲

2023 · €36k

Debt ≤ 1 year

€36k▲

2023 · €36k

Staff costs

€38▼

2023 · €24k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€52k€27k▼

Fixed assets21/28€179€17k▲

Tangible fixed assets22/27-€16k

Furniture and vehicles24-€16k

Financial fixed assets28€179€179=

Current assets29/58€51k€11k▼

Amounts receivable within one year40/41€49k€6k▼

Trade receivables40€17k€4k▼

Other amounts receivable41€32k€2k▼

Cash at bank and in hand54/58€2k€5k▲

Equity and liabilities

Total equity and liabilities10/49€52k€27k▼

Equity10/15€16k€-8k▼

Contributions10/11€10k€10k=

Outside capital11€10k€10k=

Share premium1100/10€10k€10k=

Profit (loss) carried forward14€6k€-18k▼

Amounts payable17/49€36k€36k▲

Amounts payable within one year42/48€36k€36k▲

Trade debts44€27k€32k▲

Suppliers440/4€27k€32k▲

Taxes, remuneration and social security45€8k€4k▼

Taxes450/3€4k€2k▼

Remuneration and social security454/9€5k€3k▼

Income statement Code20232024

Turnover70€126k€77k▼

Goods, raw materials, services and sundry goods60/61€93k€98k▲

Remuneration, social security and pensions62€24k€38▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€169

Other operating charges640/8€996€3k▲

Non-recurring operating charges66A€380€520▲

Gross operating margin9900€33k€-20k▼

Operating profit (loss)9901€7k€-24k▼

Financial income75/76B-€19

Recurring financial income75-€19

Financial charges65/66B€217€215▼

Recurring financial charges65€217€215▼

Profit (loss) for the period before taxes9903€7k€-24k▼

Profit (loss) for the period9904€7k€-24k▼

Profit (loss) for the period to be appropriated9905€7k€-24k▼

Appropriation of the result

Profit (loss) to be appropriated9906€6k€-18k▼

Profit (loss) brought forward from the previous period14P€-1k€6k▲

The notes to these accounts (3 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

All 8Financial 3Filings 5

2025

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Weakest financial yearnet €-24k ▼439%

Net result drops to €-24k, the lowest in the series.

19-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 50 days late

2023

31-12

Financial Back to profitnet €7k

Net result €7k after one loss-making year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

23-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 207 days late

2021

31-12

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

17-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 109 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 2025

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.

04-09-2025 MOOTACEM MONCEF: Resigned as Director

30-09-2021 MOOTACEM TARIK: Resigned as Director

Location & real-estate footprint

Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2019

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.

Keizer Karellaan 5841082 Sint-Agatha-Berchem

Ground area

2,983 m²

Building footprint

1,288 m²