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 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 181 days after the legal deadline.
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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 2024
M&M PROPERTIES from Zaventem, company number BE0774346545, closed financial year 2024 with a result of € -56,417 after tax. For that financial year M&M PROPERTIES recorded a gross margin of € 35,918 and equity of € -54,796. Compared with financial year 2023, the result moved from € 22,636 to € -56,417. 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 January 28, 2026.
€ -54,796
▼ € 56,417 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,417
▼ still € 22,636 profit in 2023
Profit after tax over the fiscal year.
€ 13,730
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64,796.
Debts at end 2024
€ 807,411
▼ 4% vs 2023
€ 34,827 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 1,636
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 15,033 | € 81,702 | € 35,918 | ▼ 56% |
| Profit after taxes | € -31,015 | € 22,636 | € -56,417 | ▼ € 79,053 |
| Equity | € -21,015 | € 1,621 | € -54,796 | ▼ € 56,417 |
| Total debts | € 701,087 | € 1,153,781 | € 1,112,347 | ▼ 4% |
| Cash | € 44,418 | € 27,064 | € 13,730 | ▼ 49% |
| Land & buildings | € 635,653 | € 1,091,906 | € 1,033,290 | ▼ 5% |
| Retained profit | € -31,015 | € -8,379 | € -64,796 | ▼ € 56,417 |
| Bank debt | € 459,887 | € 842,645 | € 807,411 | ▼ 4% |
| Balance sheet total | € 680,072 | € 1,155,402 | € 1,057,550 | ▼ 8% |
Key figures of M&M PROPERTIES, fiscal years 2022 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 PROPERTIES?
What happened at M&M PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 56,417 (▼ € 79,053 vs 2023). filed late Source: NBB ↗
- New establishment in Zaventem. KBO
- Sarit Manasherov became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,015 loss in 2022 to € 56,417 loss in 2024.
Best year ever: 2023, with € 22,636 profit.
Management
Behind M&M PROPERTIES is Sarit Manasherov. Sarit Manasherov is also behind BERESHIT IMMO.
Directors
According to the 2024 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Hoogstraat 197
1930 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0774.346.545
- VAT number
- BE 0774.346.545
- Registered office
- Hoogstraat 197, 1930 Zaventem
- Names & denominations
- M&M PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2021
- Peppol
- Not registered