Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
M&M HOLDING from Zwevegem, company number BE0739657266, closed financial year 2024 with a result of € 1.7 million after tax. For that financial year M&M HOLDING recorded a gross margin of € 4 million and equity of € 3.7 million. Compared with financial year 2023, the result moved from € 795,930 to € 1.7 million. 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 August 29, 2025.
€ 3.7 million
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 115% vs 2023
Profit after tax over the fiscal year.
€ 239,605
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
58 % of the profit went to the shareholders, mostly to M&M Cars Group (100 % of the shares). That is where the money ends up.
Debts at end 2024
€ 400,000
▼ 77% vs 2023
Loans from banks and other lenders, long and short.
€ 140,086
▲ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 129,898
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 189,723 | € 105,946 | € 86,109 | € 4,022,526 | ▲ € 3.9 million |
| Profit after taxes | € 314,715 | € 1,917,145 | € 795,930 | € 1,710,771 | ▲ 115% |
| Equity | € 812,467 | € 2,729,612 | € 3,025,541 | € 3,736,312 | ▲ 23% |
| Total debts | € 5,204,461 | € 3,951,612 | € 3,369,308 | € 2,350,298 | ▼ 30% |
| Cash | € 197,850 | € 357,397 | € 218,103 | € 239,605 | ▲ 10% |
| Land & buildings | € 1,246,072 | € 1,229,780 | € 1,276,487 | - | |
| Retained profit | € 312,467 | € 2,229,612 | € 2,525,541 | € 3,236,312 | ▲ 28% |
| Dividend | € 0 | € 0 | € 500,000 | € 1,000,000 | ▲ 100% |
| Bank debt | € 2,370,000 | € 2,670,000 | € 1,758,584 | € 400,000 | ▼ 77% |
| Balance sheet total | € 6,016,927 | € 6,681,224 | € 6,394,849 | € 6,086,610 | ▼ 5% |
Key figures of M&M HOLDING, 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 31 July 2026.
What happened to M&M HOLDING?
What happened at M&M HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.7 million (▲ 115% vs 2023). filed late Source: NBB ↗
- Myatt Group BV became a director. NBB
- D-Mind BV became a director. NBB
- New establishment in Kortrijk. KBO
- Build Your Dream BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 314,715 profit in 2021 to € 1.7 million profit in 2024.
Paid € 129,753 in corporate taxes since 2021.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 1.5 million in dividends to the owners in total.
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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
Management
The stake of M&M Cars Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M&M HOLDINGBehind M&M HOLDING are Build Your Dream BV, Myatt Group BV and D-Mind BV. The shares are held by M&M Cars Group (100%). It owns 100% of M&M Cars itself.
Directors
According to the 2024 annual accounts
Director · represented by Thomas Baert
Also active at: Archidimic, MALITHO, Pelikaanstraat, SENTINEL, A-Stay, A-Stay Pelikaanstraat, Boost Dreams Development, Lamett Holding +8 more
since 2019
since 2023
Director · represented by Bruno Descamps
Also active at: PARKET-SITE, SPOTTS, Lamett Holding, M&M Cars Group, BOIS ET BOIS
since 2023
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Ellestraat(Z) 83
8550 Zwevegem
Abeeldreef(Heu) 12
8501 Kortrijk
Active since 16 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.657.266
- VAT number
- BE 0739.657.266
- Registered office
- Ellestraat(Z) 83, 8550 Zwevegem
- Names & denominations
- M&M HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2019
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings