Bankrupt · Opening faillissement (CBE)

M & M Elektro

BE0681446675

Rechtspersoon Private limited company 1 establishment

M & M Elektro is a civil engineering contractor in Heusden-Zolder. Private Limited, started on 15 September 2017, 1 establishment.

Lindelaan 55 box K8, 3550 Heusden-Zolder

Start date

15 September 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • 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.

What it is worth Growing

€ 397,425

▲ 52% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 135,201

▲ 105% vs 2022

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 390,925.

People and assets in 2023

Wage cost

€ 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.

Vehicles and equipment

€ 116,430

▼ 21% vs 2022

Of which on lease € 73,425.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 101,563

▼ 31% vs 2022

€ 36,815 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 375,806

▲ 251% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 1,610

▼ 81% vs 2022

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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

Registered office

Lindelaan 55 box K8

3550 Heusden-Zolder

2.268.727.555

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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Overige werkzaamheden in verband met de afwerking van gebouwen

Bouw van rioleringen

Bouw van civieltechnische werken voor vloeistoffen, neg

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

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Frequently asked questions

What does M & M Elektro do?
M & M Elektro is a civil engineering contractor in Heusden-Zolder. Private Limited, started on 15 September 2017, 1 establishment.
What is the address of M & M Elektro?
The registered office of M & M Elektro is located at Lindelaan 55 box K8, 3550 Heusden-Zolder.
Is M & M Elektro still active?
No. The CBE lists M & M Elektro with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is M & M Elektro registered on Peppol?
No, M & M Elektro is currently not registered on the Peppol network.
What is the enterprise number of M & M Elektro?
The enterprise number of M & M Elektro is BE0681446675.
When was M & M Elektro founded?
M & M Elektro was founded on 15 September 2017.