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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M.M. IMMO from Eupen, company number BE0811435088, closed financial year 2025 with a result of € 6,972 after tax. For that financial year M.M. IMMO recorded a gross margin of € 59,277 and equity of € 303,352. Compared with financial year 2024, the result moved from € 12,829 to € 6,972. The company is profitable. 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 31, 2026.
€ 303,352
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,972
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 760
▲ 84% 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 € 71,669.
Debts at end 2025
€ 167,887
▼ 17% vs 2024
€ 36,454 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 13,661
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,264
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,342 | € 59,007 | € 61,578 | € 59,277 | ▼ 4% |
| Profit after taxes | € 10,078 | € 9,015 | € 12,829 | € 6,972 | ▼ 46% |
| Equity | € 283,177 | € 289,312 | € 299,261 | € 303,352 | ▲ 1% |
| Total debts | € 514,169 | € 485,746 | € 457,952 | € 427,873 | ▼ 7% |
| Cash | € 102 | € 2,312 | € 412 | € 760 | ▲ 84% |
| Land & buildings | € 529,274 | € 499,251 | € 469,228 | € 439,205 | ▼ 6% |
| Retained profit | € 42,853 | € 51,868 | € 64,697 | € 71,669 | ▲ 11% |
| Bank debt | € 267,237 | € 235,709 | € 202,597 | € 167,887 | ▼ 17% |
| Balance sheet total | € 797,347 | € 775,058 | € 757,212 | € 731,225 | ▼ 3% |
Key figures of M.M. IMMO, 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 M.M. IMMO?
What happened at M.M. IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michelle MÜHLNER stepped down as director. NBB
- Martin MÜHLNER stepped down as director. NBB
- Bernard MÜHLNER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,972 (▼ 46% vs 2024). filed late Source: NBB ↗
- Michelle MÜHLNER became a director. NBB
- Martin MÜHLNER became a director. NBB
- Bernard MÜHLNER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,078 profit in 2022 to € 6,972 profit in 2025.
Paid € 11,118 in corporate taxes since 2022.
Best year ever: 2024, with € 12,829 profit.
Management
Directors
According to the 2025 annual accounts
Michelle MÜHLNER
Director
since 2021 · until 2027
Martin MÜHLNER
Director
since 2021 · until 2027
Bernard MÜHLNER
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Im Peschgen 7
4700 Eupen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.435.088
- VAT number
- BE 0811.435.088
- Registered office
- Im Peschgen 7, 4700 Eupen
- Names & denominations
- M.M. IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2009
- Peppol
- Not registered