Equity
€7,500 =
Project MM paid out €9,044 in dividends. That is 100% of the 2025 profit.
Project MM
Lifetime
5 annual accounts with figures on one time axispeak €14,716 (2022)
€13,232▲ 38.6%
lowest -€9,517 (2021)
€9,044▲ 34.4%
peak €12,541 (2023)
€7,500unchanged
€10,967▼ 12.5%
Board4 names since 2020
2 directors and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €9,549 to €13,232Result from €6,727 to €9,044Registered office moved from Wommelgem to Ranst 31-01Dividend €9,044
Key points
from the 2025 annual accountsFilings
5 annual accounts 2 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
€7,500
Less equity than 85% of companies in architecture and engineering. Sector median €64,365 · 12,261 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Project MM has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% 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 26,973 companies, not a prediction for Project MM. 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, since 19-06-2020
Director, since 05-06-2023
- founderdeed of 24-06-2020
- founderdeed of 24-06-2020
- founderdeed of 24-06-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0748829904
Registered office moved from Wommelgem to Ranst
New registered office: Profeetstraat 97B, 2520 Ranst · Previous registered office: Antverpiastraat 12, 2160 Wommelgem · Gazette deed
Company renamed from Road 2 Formula to Project MM
Appointment: (director) · “Beheer van roerend en onroerend patrimonium:alles wat rechtstreeks of onrechtstreeks betrekking heeft op het…” (deed in Dutch) · General meeting of 05-06-2023 · Gazette deed
Resignations: (director) and (director)
Director discharge: · Director discharge: · General meeting of 30-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Project MM Ranst | €18,467 | €13,232 | 40.6% | - |
| MB ENVI EXPERTS Brussels | €17,240 | €15,165 | 38.8% | - |
| M89 Lier | €20,754 | €9,575 | 28.4% | - |
| SPECTRUM-EUROPE Ixelles | €21,260 | €9,981 | -23.9% | - |
| FIFTEEN MANAGEMENT Ixelles | €15,295 | €16,715 | 32.9% | - |
| Vasa Cantici Berlare | €23,420 | €11,812 | 64.2% | - |
| SOBRY JL Chimay | €23,029 | €12,238 | 47.8% | - |
These companies have the same main activity as Project MM: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €15,300 and €23,400, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 22-06-2020Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Establishment unit
- 2.304.396.4352520 Ranst, since 22-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- ≈ €62,000estimated
- €18,467▼ 7.8%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on Project MM
Project MM files the micro format. That format states no turnover. The gross margin rose from -€5,791 in 2021 to €13,232 in 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 Project MM
- What is the company number of Project MM?
- The company number of Project MM is 0748.829.904. The VAT number is the same number with BE in front: BE 0748.829.904.
- Where is Project MM based?
- The registered office is at Profeetstraat 97, 2520 Ranst.Company details
- What does Project MM do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Project MM?
- Project MM is a private limited company (BV).
- When was Project MM founded?
- Project MM was founded on 22-06-2020.
- Is Project MM still active?
- Yes, Project MM is an active enterprise in the KBO register.
- What is the turnover of Project MM?
- The turnover in financial year 2025 is ≈ €62,000. This figure is estimated from the gross margin of €13,232 and 34 comparable companies (NACE 71121). It probably lies between €41,000 and €120,000. It is a rough estimate.Financials
- Is Project MM profitable?
- In financial year 2025, Project MM made a profit of €9,044.
- Where can I find the annual accounts of Project MM?
- Project MM filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Project MM due?
- Project MM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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