Financials
Financial year 2024
M & M INVESTMENTS from Mortsel, company number BE0838984573, closed financial year 2024 with a result of € -30,119 after tax. For that financial year M & M INVESTMENTS recorded a gross margin of € 7,598 and equity of € 473,155. Compared with financial year 2023, the result moved from € 390,290 to € -30,119. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2025.
€ 473,155
▼ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,119
▼ still € 390,290 profit in 2023
Profit after tax over the fiscal year.
€ 248,010
▲ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 304,555.
People and assets in 2024
€ 2,744
▼ 89% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 463
▼ 98% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 710,356
▼ 16% vs 2023
Loans from banks and other lenders, long and short.
€ 15,619
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,420
▼ 85% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 87,770 | € 124,081 | € 656,734 | € 7,598 | ▼ 99% |
| Profit after taxes | € -19,072 | € 14,016 | € 390,290 | € -30,119 | ▼ € 420,409 |
| Equity | € 98,969 | € 112,984 | € 503,274 | € 473,155 | ▼ 6% |
| Total debts | € 1,287,909 | € 1,249,999 | € 1,432,139 | € 1,238,191 | ▼ 14% |
| Cash | € 1,460 | € 185 | € 238,526 | € 248,010 | ▲ 4% |
| Land & buildings | € 1,228,497 | € 1,188,048 | € 969,815 | € 662,143 | ▼ 32% |
| Retained profit | € -69,631 | € -55,616 | € 334,674 | € 304,555 | ▼ 9% |
| Bank debt | € 854,459 | € 803,190 | € 847,045 | € 710,356 | ▼ 16% |
| Balance sheet total | € 1,386,877 | € 1,362,984 | € 1,994,103 | € 1,770,035 | ▼ 11% |
Key figures of M & M INVESTMENTS, 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 INVESTMENTS?
What happened at M & M INVESTMENTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 30,119 (▼ € 420,409 vs 2023). filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Micheline Mortelmans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,072 loss in 2021 to € 30,119 loss in 2024.
Paid € 59,691 in corporate taxes since 2021.
Best year ever: 2023, with € 390,290 profit.
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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
Behind M & M INVESTMENTS is Micheline Mortelmans. Micheline Mortelmans is also behind M & M SYSTEMS.
Directors
According to the 2024 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Armand Segerslei 136 - 138
2640 Mortsel
Armand Segerslei 136 box DAK
2640 Mortsel
Active since 31 August 2011
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.984.573
- VAT number
- BE 0838.984.573
- Registered office
- Armand Segerslei 136 - 138, 2640 Mortsel
- Names & denominations
- M & M INVESTMENTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2011
- Peppol
- Active · Active since 27 Apr 2026
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis