Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MMC from Kortenberg, company number BE0466896929, closed financial year 2025 with a result of € -1,662 after tax. For that financial year MMC recorded a gross margin of € -1,529 and equity of € -47,946. Compared with financial year 2024, the result moved from € -2,378 to € -1,662. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ -47,946
▼ € 1,662 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,662
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 704
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,146.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 49,322
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,220 | € -1,551 | € -1,692 | € -1,529 | ▲ € 163 |
| Profit after taxes | € -2,839 | € -1,702 | € -2,378 | € -1,662 | ▲ € 717 |
| Equity | € -42,204 | € -43,906 | € -46,284 | € -47,946 | ▼ € 1,662 |
| Total debts | € 43,576 | € 45,051 | € 47,472 | € 49,322 | ▲ 4% |
| Cash | € 920 | € 366 | € 844 | € 704 | ▼ 17% |
| Retained profit | € -48,404 | € -50,106 | € -52,484 | € -54,146 | ▼ € 1,662 |
| Bank debt | € 43,386 | € 45,051 | € 47,472 | € 49,322 | ▲ 4% |
| Balance sheet total | € 1,372 | € 1,145 | € 1,187 | € 1,376 | ▲ 16% |
Key figures of MMC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MMC?
What happened at MMC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,662. filed late Source: NBB ↗
- New establishment in Kortenberg. KBO
- Bart De Gelas became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,839 loss in 2022 to € 1,662 loss in 2025.
Management
Behind MMC is Bart De Gelas.
Directors
According to the 2025 annual accounts
Bart De Gelas
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Bruulstraat 13
3071 Kortenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.896.929
- VAT number
- BE 0466.896.929
- Registered office
- Bruulstraat 13, 3071 Kortenberg
- Names & denominations
- MMC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1999
- Peppol
- Not registered
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