Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MEMMO from Elsene, company number BE0633762168, closed financial year 2024 with a result of € -5,411 after tax. For that financial year MEMMO recorded revenue of € 39,550 and equity of € -96,222. Compared with financial year 2023, the result moved from € -11,567 to € -5,411. 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 June 18, 2025.
€ -96,222
▼ € 5,411 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,411
▲ 53 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -114,822.
Debts at end 2024
€ 321,284
▼ 7% vs 2023
€ 25,462 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,046
▲ € 927 vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 35,100 | € 36,650 | € 36,865 | € 39,550 | ▲ 7% |
| Gross margin | € 28,756 | € 30,281 | € 29,928 | € 34,374 | ▲ 15% |
| Profit after taxes | € -14,880 | € -10,291 | € -11,567 | € -5,411 | ▲ € 6,156 |
| Equity | € -68,953 | € -79,244 | € -90,811 | € -96,222 | ▼ € 5,411 |
| Total debts | € 544,090 | € 526,797 | € 503,003 | € 480,704 | ▼ 4% |
| Cash | - | € 125 | € 1 | € 1 | |
| Land & buildings | € 411,413 | € 387,211 | € 363,009 | € 338,807 | ▼ 7% |
| Retained profit | € -87,553 | € -97,844 | € -109,411 | € -114,822 | ▼ € 5,411 |
| Bank debt | € 395,139 | € 370,047 | € 346,019 | € 321,284 | ▼ 7% |
| Balance sheet total | € 475,137 | € 447,553 | € 412,192 | € 384,482 | ▼ 7% |
Key figures of MEMMO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 June 2026.
What happened to MEMMO?
What happened at MEMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 5,411. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,880 loss in 2021 to € 5,411 loss in 2024.
A new publication or filing at MEMMO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Vleurgatse Steenweg 7
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →New Co Holding
€ -66 gross margin · 2025
ACP immeuble, chaussée de Vleurgat 7 à Ixelles
PIZZAROSA
€ 538,851 revenue · 2025
LETTUCE BE
€ 25,225 gross margin · 2024
UN DES SENS
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.762.168
- VAT number
- BE 0633.762.168
- Registered office
- Vleurgatse Steenweg 7, 1050 Elsene
- Names & denominations
- MEMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2015
- Peppol
- Active · Active since 13 Mar 2026