NORMAL SITUATION

MM

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Financial year 2025 · closed on 25/06/2025

Net result

-15,9 k €

+34.6% YoY

Gross margin

-6,2 k €

-563.8% YoY

Equity

42,1 k €

-27.4% YoY

Company — Normal situation.

What does MM do?

MM is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0692.859.914

Legal form

Private limited company

Contributed capital

65 000,00 €

Latest accounts

25/06/2025

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Gross margin	-6,2 k €	-564%	1,3 k €	-99.1%	147,1 k €	+330%	34,2 k €	+4095%	815,7 €	+107%	-12,3 k €	+49.5%	-24,3 k €
EBITDA	-15,9 k €	-107%	-7,7 k €	-107%	117,4 k €	+493%	19,8 k €	+2786%	-737,9 €	+95.0%	-14,7 k €	+47.4%	-28 k €
Operating result	-15,9 k €	+24.7%	-21,1 k €	-120%	107,7 k €	+1286%	7,8 k €	+173%	-10,7 k €	+56.9%	-24,8 k €	+46.7%	-46,4 k €
Net result	-15,9 k €	+34.6%	-24,3 k €	-124%	102,6 k €	+1231%	7,7 k €	+171%	-10,8 k €	+64.5%	-30,4 k €	+41.1%	-51,7 k €
Balance sheet
Equity	42,1 k €	-27.4%	58,1 k €	-29.5%	82,4 k €	+508%	-20,2 k €	+27.6%	-27,9 k €	-63.1%	-17,1 k €	+35.8%	-26,7 k €
Total assets	42,3 k €	-33.4%	63,5 k €	-53.1%	135,3 k €	-7.9%	147 k €	+49.7%	98,1 k €	-20.6%	123,6 k €	+27.5%	96,9 k €
Cash	41,7 k €	+105%	20,3 k €	+191%	7 k €	-74.8%	27,7 k €	+146%	11,3 k €	+355%	2,5 k €		–
Debts	131,5 €	-97.4%	5,1 k €	-88.2%	43,5 k €	-72.5%	158,1 k €	+28.7%	122,8 k €	-12.7%	140,7 k €	+13.9%	123,6 k €

Governance

Board of directors

Seen on filing of 25/06/2025 · 1 active · 4 ended

Active mandates

Marion Naudts

Director

Active

Ended mandates

Marion Naudts

Director · since 01 septembre 2020

Ended

Annelies Awouters

Director · since 21 mars 2018 · until 30 septembre 2019

Ended

Luc Claeys

Director

Ended

Michaël Hillaert

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	25/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/09/2025	19/05/2025	06/09/2024	05/09/2023	31/08/2022	31/08/2021
General meeting	25/06/2025	26/03/2025	28/06/2024	31/08/2023	24/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	25/06/2025	25/06/2025	23/09/2025	Dutch	PDF
Micro model	31/12/2024	26/03/2025	19/05/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	06/09/2024	Dutch	PDF
Micro model	31/12/2022	31/08/2023	05/09/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	15/09/2020	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 25/06/2025 · 1 active · 4 ended

Active mandates

Marion Naudts

Director

Active

Ended mandates

Marion Naudts

Director · since 01 septembre 2020

Ended

Annelies Awouters

Director · since 21 mars 2018 · until 30 septembre 2019

Ended

Luc Claeys

Director

Ended

Michaël Hillaert

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution04/08/2025
ONTBINDING - SLUITING VAN DE VEREFFENING
PDF
Registered office15/03/2024
MAATSCHAPPELIJKE ZETEL, STATUTEN (VERTALING,
PDF
Mandates22/10/2020
ontslag bestuurder
PDF
Mandates06/10/2020
BENAMING, WIJZIGING RECHTSVORM, ONTSLAGEN,
PDF
Mandates30/12/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other27/03/2018
SMOET
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-15,9 k €↑
2024
Annual accounts 2024-24,3 k €↓
2023
Annual accounts 2023102,6 k €↑
2022
Annual accounts 20227,7 k €↑
2021
Annual accounts 2021-10,8 k €↑
2020
Annual accounts 2020-30,4 k €↑
2019
Annual accounts 2019-51,7 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MM

Overview

What does MM do?

Trend over 7 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline