ACTIVE

MM Develop I

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Financial year 2025 · closed on 31/12/2025
Net result
26,2 k €
+334.2% YoY
Gross margin
65,6 k €
+1881.3% YoY
Equity
65,3 k €
+67.2% YoY
Workforce
0,0 ETP

What does MM Develop I do?

MM Develop I is a Public limited company incorporated in 2022. Its main activity is: Development of building projects. Its registered office is in Deinze.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0780.548.508
Incorporation
17/01/2022
Legal form
Public limited company
Registered office
Veldestraat 140 box A
9850 Deinze · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41001Construction of buildings41002Construction of buildings41102Development of building projects41201Construction of residential and non-residential buildings+2
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin65,6 k €-3,7 k €-2,6 k €-7,9 k €
EBITDA65,1 k €-4,3 k €-3,1 k €-8,3 k €
Operating result65,1 k €-4,3 k €-3,1 k €-8,3 k €
Net result26,2 k €-11,2 k €-634,1 €-10,6 k €
Balance sheet
Equity65,3 k €39 k €50,2 k €50,9 k €
Total assets3,7 M €2 M €751,9 k €118,6 k €
Cash79,4 k €9 k €33,5 k €19,5 k €
Debts3,6 M €1,9 M €680,6 k €65,7 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active

Active mandates

BMH Mestdagh

Director · since 16 mai 2022 · until 16 mai 2028 · 0540.834.287

Represented by Bruno MESTDAGH

Active
Davy Demuynck

Director · since 16 mai 2022 · until 16 mai 2028

Active
Kristof Vanfleteren

Director · since 16 mai 2022 · until 16 mai 2028

Active
Prospectum

Director · since 16 mai 2022 · until 16 mai 2028 · 0689.589.826

Represented by Kevin MERVIELDE

Active
At this address

Other companies at this address

CompanyCBE no.
MBM Development● Active
1038.601.368
MM Antwerp Construct● Active
1016.133.990
MM Antwerp Land● Active
1016.134.386
MM Develop II● Active
1012.828.072
MM Estate Group● Active
0775.311.003
MM Heritage● Active
1020.023.096
MM Land● Active
0780.548.211
MM Martyrs Lane● Active
0798.653.359
Prospectum● Active
0689.589.826
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202317/01/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months12 months
Filing date28/04/202630/04/202530/09/202431/08/2023
General meeting22/04/202625/04/202516/09/202412/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/04/202628/04/2026DutchPDF
Abridged model31/12/202425/04/202530/04/2025DutchPDF
Abridged model31/12/202316/09/202430/09/2024DutchPDF
Abridged model31/12/202212/06/202331/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 4 active

Active mandates

BMH Mestdagh

Director · since 16 mai 2022 · until 16 mai 2028 · 0540.834.287

Represented by Bruno MESTDAGH

Active
Davy Demuynck

Director · since 16 mai 2022 · until 16 mai 2028

Active
Kristof Vanfleteren

Director · since 16 mai 2022 · until 16 mai 2028

Active
Prospectum

Director · since 16 mai 2022 · until 16 mai 2028 · 0689.589.826

Represented by Kevin MERVIELDE

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202526,2 k €↑
  2. 2024
    Annual accounts 2024-11,2 k €↓
  3. 2023
    Annual accounts 2023-634,1 €↑
  4. 2022
    Annual accounts 2022-10,6 k €
  5. 17/01/2022
    IncorporationPublic limited company