Active · per the CBE, 31 October 2026

MM RETAIL

BE0892329526

Rechtspersoon Private limited company 1 establishment

MM RETAIL is a clothing shop in Gent. Private Limited, started on 26 September 2007, 1 establishment.

Korte Meer 27, 9000 Gent

Behind the company: Inge Welvaert.

Active for

19 year, 1 month

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 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MM RETAIL from Gent, company number BE0892329526, closed financial year 2025 with a result of € 25,057 after tax. For that financial year MM RETAIL recorded a gross margin of € 107,118 and equity of € 116,655. Compared with financial year 2024, the result moved from € 28,188 to € 25,057. 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 January 28, 2026.

What it is worth Growing

€ 116,655

▲ 5% vs 2024

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

Profit Healthy

€ 25,057

▼ 11% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 52,518

▼ 30% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 116,655.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 63,374

▲ 81% vs 2024

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

€ 1,661

▲ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 37,812

▼ 16% vs 2024

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

Taxes and wages

€ 36,647

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 106,411 € 66,897 € 82,135 € 107,118 ▲ 30%
Profit after taxes € 37,730 € 2,951 € 28,188 € 25,057 ▼ 11%
Equity € 80,459 € 83,410 € 111,598 € 116,655 ▲ 5%
Total debts € 121,881 € 114,636 € 123,584 € 118,219 ▼ 4%
Cash € 29,257 € 22,995 € 74,599 € 52,518 ▼ 30%
Land & buildings € 1,236 € 619 - -
Retained profit € 60,459 € 63,410 € 91,598 € 116,655 ▲ 27%
Bank debt € 1,279 € 0 € 0 € 0
Balance sheet total € 202,340 € 198,046 € 235,182 € 234,874

Key figures of MM RETAIL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.

What happened to MM RETAIL?

What happened at MM RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 25,057 (▼ 11% vs 2024). Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO
  • Inge Welvaert became a director. NBB

In short

From € 37,730 profit in 2022 to € 25,057 profit in 2025.

Paid € 34,316 in corporate taxes since 2022.

Best year ever: 2022, with € 37,730 profit.

Management

Inge Welvaert
MM RETAIL

Behind MM RETAIL is Inge Welvaert. Inge Welvaert is also behind KIDSLAB STORES.

Directors

According to the 2025 annual accounts

Inge Welvaert

Director

Also active at: KIDSLAB STORES

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Meer 27

9000 Gent

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

Details

Company number
0892.329.526
VAT number
BE 0892.329.526
Registered office
Korte Meer 27, 9000 Gent
Names & denominations
MM RETAIL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
26 September 2007
Peppol
Active · Active since 22 Jul 2025
Activities · NACE

Detailhandel in baby- en kinderbovenkleding

Detailhandel in baby- en kinderkleding

Detailhandel in spellen en speelgoed

Detailhandel in babyartikelen (algemeen assortiment)

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed

Gespecialiseerde detailhandel in kinderwagens

Gespecialiseerde detailhandel in spellen en speelgoed

+2

Frequently asked questions

What does MM RETAIL do?
MM RETAIL is a clothing shop in Gent. Private Limited, started on 26 September 2007, 1 establishment.
What is the address of MM RETAIL?
The registered office of MM RETAIL is located at Korte Meer 27, 9000 Gent.
Is MM RETAIL still active?
Yes. According to the CBE (31 October 2026) MM RETAIL is active, legal situation “Normale toestand”, started on 26 September 2007.
Is MM RETAIL registered on Peppol?
Yes, MM RETAIL is registered on the Peppol network with ID 0208:0892329526.
What is the enterprise number of MM RETAIL?
The enterprise number of MM RETAIL is BE0892329526.
When was MM RETAIL founded?
MM RETAIL was founded on 26 September 2007.