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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Shrinking team NBB
FTE fell two years in a row, from 3.2 to 2.5.
Financials
Financial year 2025
MMC from Bredene, company number BE0863975238, closed financial year 2025 with a result of € 19,640 after tax. For that financial year MMC recorded a gross margin of € 271,945 and equity of € 141,249. Compared with financial year 2024, the result moved from € 40,097 to € 19,640. The company is profitable. 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 July 24, 2026.
€ 141,249
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,640
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 85,296
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 64,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 172,335
▲ 19% vs 2024
€ 68,900 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.
€ 30,220
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 120,996
▼ 21% vs 2024
€ 25,237 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,283
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,776
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,266 | € 230,803 | € 275,384 | € 271,945 | ▼ 1% |
| Profit after taxes | € 3,359 | € 29,460 | € 40,097 | € 19,640 | ▼ 51% |
| Equity | € 129,552 | € 145,512 | € 185,609 | € 141,249 | ▼ 24% |
| Total debts | € 138,710 | € 109,287 | € 193,694 | € 220,702 | ▲ 14% |
| Cash | € 51,920 | € 60,007 | € 74,732 | € 85,296 | ▲ 14% |
| Retained profit | € 90,636 | € 106,596 | € 146,693 | € 102,333 | ▼ 30% |
| Dividend | € 0 | € 13,500 | € 0 | € 64,000 | |
| Bank debt | € 62,903 | € 42,992 | € 152,483 | € 120,996 | ▼ 21% |
| Balance sheet total | € 268,262 | € 254,800 | € 379,303 | € 361,951 | ▼ 5% |
| Employees (FTE) | 2.8 | 3.2 | 2.6 | 2.5 | ▼ 0.1 |
By gross margin, MMC ranks 1st of 11 companies with main activity “Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden” in Bredene that publish figures (fiscal year 2025).
Key figures of MMC, 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.
Ask about MMC the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MMC?
What happened at MMC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,640 (▼ 51% vs 2024). Source: NBB ↗
- Glenn Van Geluwe became a director. NBB
- Haike Urschel became a director. NBB
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,359 profit in 2022 to € 19,640 profit in 2025.
Paid € 28,123 in corporate taxes since 2022.
Best year ever: 2024, with € 40,097 profit.
On average € 108,800 of value added per employee in 2025.
Management
Behind MMC are Glenn Van Geluwe and Haike Urschel.
Directors
According to the 2025 annual accounts
Glenn Van Geluwe
Director
since 2019
Haike Urschel
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Kapelstraat 125
8450 Bredene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Bredene
Same main activity (Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden), 15 active companies in Bredene, largest first.
€ 206,901 gross margin · 2025
€ 176,158 gross margin · 2025
€ 171,081 gross margin · 2025
€ 147,173 gross margin · 2026
€ 75,790 gross margin · 2025
€ 68,521 gross margin · 2025
Details
- Company number
- 0863.975.238
- VAT number
- BE 0863.975.238
- Registered office
- Kapelstraat 125, 8450 Bredene
- Names & denominations
- MMC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2004
- Peppol
- Active · Active since 2 Mar 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening