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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
M & M Elektro from Heusden-Zolder, company number BE0681446675, closed financial year 2023 with a result of € 135,201 after tax. For that financial year M & M Elektro recorded a gross margin of € 235,419 and equity of € 397,425. Compared with financial year 2022, the result moved from € 65,903 to € 135,201. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2024.
€ 397,425
▲ 52% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 135,201
▲ 105% vs 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 390,925.
People and assets in 2023
€ 39,744
▼ 23% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 116,430
▼ 21% vs 2022
Of which on lease € 73,425.
Debts at end 2023
€ 101,563
▼ 31% vs 2022
€ 36,815 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 375,806
▲ 251% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1,610
▼ 81% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 119,671 | € 190,098 | € 235,419 | ▲ 24% |
| Profit after taxes | € 45,393 | € 65,903 | € 135,201 | ▲ 105% |
| Equity | € 196,322 | € 262,224 | € 397,425 | ▲ 52% |
| Total debts | € 234,910 | € 262,110 | € 478,979 | ▲ 83% |
| Cash | € 48,299 | € 22,915 | - | |
| Retained profit | € 189,822 | € 255,724 | € 390,925 | ▲ 53% |
| Bank debt | € 179,766 | € 146,625 | € 101,563 | ▼ 31% |
| Balance sheet total | € 431,232 | € 524,334 | € 876,404 | ▲ 67% |
Key figures of M & M Elektro, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to M & M Elektro?
What happened at M & M Elektro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M & M Elektro is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 135,201 (▲ 105% vs 2022). filed late Source: NBB ↗
- New establishment in Temse. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,393 profit in 2021 to € 135,201 profit in 2023.
Paid € 62,600 in corporate taxes since 2021.
Best year ever: 2023, with € 135,201 profit.
Establishments
Establishment units
Physical locations of this company
Lindelaan 55 box K8
3550 Heusden-Zolder
Krijgsbaan 247 box B5
9140 Temse
Active since 15 September 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.446.675
- VAT number
- BE 0681.446.675
- Registered office
- Lindelaan 55 bus K8, 3550 Heusden-Zolder
- Names & denominations
- M & M Elektro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 September 2017
- Peppol
- Not registered
- Activities · NACE
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