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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MM Estate Group from Deinze, company number BE0775311003, closed financial year 2025 with a result of € 70,663 after tax. For that financial year MM Estate Group recorded a gross margin of € 167,962 and equity of € 39,678. Compared with financial year 2024, the result moved from € 116,466 to € 70,663. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 39,678
▲ € 70,663 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,663
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 65,505
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -460,322.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 19,467
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.5 million
▼ 47% vs 2024
€ 34,294 is repaid this year. At this pace the long-term loan is gone in ≈ 126 years.
€ 106,640
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,247
▼ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -363,552 | € -165,310 | € -181,578 | € 167,962 | ▲ € 349,540 |
| Profit after taxes | € -384,244 | € -263,208 | € 116,466 | € 70,663 | ▼ 39% |
| Equity | € 115,756 | € -147,452 | € -30,985 | € 39,678 | ▲ € 70,663 |
| Total debts | € 1,919,947 | € 4,477,032 | € 9,252,956 | € 8,202,637 | ▼ 11% |
| Cash | € 121,600 | € 93,861 | € 33,567 | € 65,505 | ▲ 95% |
| Land & buildings | - | - | - | € 349,971 | |
| Retained profit | € -384,244 | € -647,452 | € -530,985 | € -460,322 | ▲ € 70,663 |
| Bank debt | € 1,685,000 | € 4,057,053 | € 8,575,302 | € 4,509,123 | ▼ 47% |
| Balance sheet total | € 2,035,703 | € 4,329,580 | € 9,221,971 | € 8,242,314 | ▼ 11% |
Key figures of MM Estate Group, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MM Estate Group?
What happened at MM Estate Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,663 (▼ 39% vs 2024). Source: NBB ↗
- BMH Mestdagh BV became a director. NBB
- Prospectum BV became a director. NBB
- Davy Demuynck became a director. NBB
- Kristof Vanfleteren became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 384,244 loss in 2022 to € 70,663 profit in 2025.
Best year ever: 2024, with € 116,466 profit.
A new publication or filing at MM Estate Group? 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
Management
The stake of SOKRI - INVEST, Prospectum, BMH Mestdagh comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MM Estate GroupBehind MM Estate Group are BMH Mestdagh BV, Prospectum BV, Davy Demuynck and Kristof Vanfleteren. The shares are held by SOKRI - INVEST (24%), Prospectum (20%) and BMH Mestdagh (20%). It owns 100% of MM Develop II, 100% of MM Martyrs Lane, 100% of MM Develop I, 100% of MM Heritage, 100% of MM Land and 100% of MM Founded I itself.
Directors
According to the 2025 annual accounts
Director · represented by Bruno Mestdagh
Also active at: MM Land, MM Develop I, MM Founded II, MM Founded I, MM Martyrs Lane, MM Develop II, MM Antwerp Construct, MM Antwerp Land +1 more
since 2022
Director · represented by Kevin Mervielde
Also active at: MERIAUX INVEST, MERIAUX CONSTRUCT, MM Land, MM Develop I, MM Founded II, MM Founded I, MM Martyrs Lane, MM Develop II +3 more
since 2022
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2022
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2022
Shareholders
Participations
100%
100%
100%
100%
100%
100%
100%
100%
50%
Establishments
Establishment units
Physical locations of this company
Veldestraat 140 box A
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Prospectum same network
€ 268,997 gross margin · 2025
MM Land same network
€ 744,698 gross margin · 2025
MM Develop I same network
€ 65,606 gross margin · 2025
MM Martyrs Lane same network
€ 640,640 gross margin · 2025
MM Develop II same network
€ -129,229 gross margin · 2025
+4 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
- 0775.311.003
- VAT number
- BE 0775.311.003
- Registered office
- Veldestraat 140 bus A, 9850 Deinze
- Names & denominations
- MM Estate Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2021
- Peppol
- Active · Active since 9 Jan 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ontwikkeling van niet-residentiële bouwprojecten
Ontwikkeling van residentiële bouwprojecten
Holdings
Diverse administratieve activiteiten ten behoeve van kantoren
+1