What does GROUP M&M do?

GROUP M&M is an electrical contractor in Riemst. Private Limited, started on 17 November 2009, 1 establishment.

What is the address of GROUP M&M?

The registered office of GROUP M&M is located at Kerkstraat 48, 3770 Riemst.

Is GROUP M&M still active?

Yes. According to the CBE (31 October 2026) GROUP M&M is active, legal situation “Normale toestand”, started on 17 November 2009.

Is GROUP M&M registered on Peppol?

Yes, GROUP M&M is registered on the Peppol network with ID 0208:0820590009.

What is the enterprise number of GROUP M&M?

The enterprise number of GROUP M&M is BE0820590009.

When was GROUP M&M founded?

GROUP M&M was founded on 17 November 2009.

Who are the directors of GROUP M&M?

According to the 2025 annual accounts, the directors of GROUP M&M are: STEFAN MARTENS.

Is GROUP M&M a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 November 2009; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GROUP M&M make in 2025?

GROUP M&M recorded a loss after taxes of € 16,362 in financial year 2025.

What is the revenue of GROUP M&M?

As a small company, GROUP M&M is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 66,003.

How much does an employee at GROUP M&M earn?

The average wage cost per full-time employee at GROUP M&M was € 29,700 in 2025: staff costs of € 59,326 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GROUP M&M have?

According to the 2025 annual accounts, GROUP M&M has 2 full-time equivalents (FTE).

GROUP M&M (Private Limited) - Riemst - BE0820590009

Dossier GROUP M&M, printed on 1 November 2026 from databakkes.be/en/0820590009/group-m-m. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

GROUP M&M from Riemst, company number BE0820590009, closed financial year 2025 with a result of € -16,362 after tax. For that financial year GROUP M&M recorded a gross margin of € 66,003 and equity of € 160,304. Compared with financial year 2024, the result moved from € -7,931 to € -16,362. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Healthy

€ 160,304

▼ 9% vs 2024

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

Loss Caution

€ -16,362

▼ 106 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 36,026

▼ 27% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 141,704.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 59,326

▼ 44% vs 2024

€ 29,700 per full-time equivalent. 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

€ 7,228

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 86,953

▼ 15% vs 2024

€ 16,422 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 27,259

▲ 174% vs 2024

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

Taxes and wages

€ 5,578

▼ 46% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 267,477 Gross margin 2022: € 267,477 First fiscal year in the series	€ 110,825 Gross margin 2023: € 110,825 ▼ 59% vs 2022 (€ 267,477) Unfavourable step	€ 123,473 Gross margin 2024: € 123,473 ▲ 11% vs 2023 (€ 110,825) Favourable step	€ 66,003 Gross margin 2025: € 66,003 ▼ 47% vs 2024 (€ 123,473) Unfavourable step	▼ 47%
Profit after taxes	€ 66,140 Profit after taxes 2022: € 66,140 First fiscal year in the series	€ -27,013 Profit after taxes 2023: € -27,013 ▼ € 93,153 vs 2022 (€ 66,140) Unfavourable step	€ -7,931 Profit after taxes 2024: € -7,931 ▲ € 19,081 vs 2023 (€ -27,013) Favourable step	€ -16,362 Profit after taxes 2025: € -16,362 ▼ € 8,431 vs 2024 (€ -7,931) Unfavourable step	▼ € 8,431
Equity	€ 211,610 Equity 2022: € 211,610 First fiscal year in the series	€ 184,597 Equity 2023: € 184,597 ▼ 13% vs 2022 (€ 211,610) Unfavourable step	€ 176,666 Equity 2024: € 176,666 ▼ 4% vs 2023 (€ 184,597) Unfavourable step	€ 160,304 Equity 2025: € 160,304 ▼ 9% vs 2024 (€ 176,666) Unfavourable step	▼ 9%
Total debts	€ 110,159 Total debts 2022: € 110,159 First fiscal year in the series	€ 217,358 Total debts 2023: € 217,358 ▲ 97% vs 2022 (€ 110,159) Unfavourable step	€ 171,260 Total debts 2024: € 171,260 ▼ 21% vs 2023 (€ 217,358) Favourable step	€ 162,812 Total debts 2025: € 162,812 ▼ 5% vs 2024 (€ 171,260) Favourable step	▼ 5%
Cash	€ 195,878 Cash 2022: € 195,878 First fiscal year in the series	€ 85,451 Cash 2023: € 85,451 ▼ 56% vs 2022 (€ 195,878) Unfavourable step	€ 49,198 Cash 2024: € 49,198 ▼ 42% vs 2023 (€ 85,451) Unfavourable step	€ 36,026 Cash 2025: € 36,026 ▼ 27% vs 2024 (€ 49,198) Unfavourable step	▼ 27%
Retained profit	€ 193,010 Retained profit 2022: € 193,010 First fiscal year in the series	€ 165,997 Retained profit 2023: € 165,997 ▼ 14% vs 2022 (€ 193,010) Unfavourable step	€ 158,066 Retained profit 2024: € 158,066 ▼ 5% vs 2023 (€ 165,997) Unfavourable step	€ 141,704 Retained profit 2025: € 141,704 ▼ 10% vs 2024 (€ 158,066) Unfavourable step	▼ 10%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 117,576 Bank debt 2023: € 117,576 Unchanged (€ 0) Unfavourable step	€ 102,628 Bank debt 2024: € 102,628 ▼ 13% vs 2023 (€ 117,576) Favourable step	€ 86,953 Bank debt 2025: € 86,953 ▼ 15% vs 2024 (€ 102,628) Favourable step	▼ 15%
Balance sheet total	€ 321,769 Balance sheet total 2022: € 321,769 First fiscal year in the series	€ 401,955 Balance sheet total 2023: € 401,955 ▲ 25% vs 2022 (€ 321,769) Unchanged	€ 347,926 Balance sheet total 2024: € 347,926 ▼ 13% vs 2023 (€ 401,955) Unchanged	€ 323,116 Balance sheet total 2025: € 323,116 ▼ 7% vs 2024 (€ 347,926) Unchanged	▼ 7%
Employees (FTE)	-	2 Employees (FTE) 2023: 2 First fiscal year in the series	2 Employees (FTE) 2024: 2 Unchanged (2) Unchanged	2 Employees (FTE) 2025: 2 Unchanged (2) Unchanged

Key figures of GROUP M&M, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to GROUP M&M?

What happened at GROUP M&M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 30, 2026 New annual accounts for financial year 2025: loss of € 16,362. Source: NBB ↗
Jan 22, 2010 New establishment in Riemst. KBO
2009 STEFAN MARTENS became a director. NBB
Nov 17, 2009 Start of the company according to the CBE. KBO

In short

From € 66,140 profit in 2022 to € 16,362 loss in 2025.

Paid € 30,748 in corporate taxes since 2022.

Best year ever: 2022, with € 66,140 profit.

On average € 33,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

STEFAN MARTENS

GROUP M&M

ZZB Invest 100%

Behind GROUP M&M is STEFAN MARTENS. It owns 100% of ZZB Invest itself.

Directors

According to the 2025 annual accounts

STEFAN MARTENS

Director

Also active at: ZZB INVEST

since 2009

Establishments

Establishment units

Physical locations of this company

Registered office

Kerkstraat 48

3770 Riemst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

ZZB INVEST same network

€ -1,212 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0820.590.009
VAT number: BE 0820.590.009
Registered office: Kerkstraat 48, 3770 Riemst
Names & denominations: GROUP M&M
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 17 November 2009
Peppol: Active · Active since 29 Nov 2024
Activities · NACE: Elektrotechnische installatiewerken van nijverheidsinrichtingen

View on CBE Public ↗ Annual accounts (NBB) ↗