M&M De Waele
M&M De Waele has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €927k and a net result of €272k. The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €927k |
| Net result | €272k |
| Staff (FTE) | 121.3 |
| Active | 22 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Show 12 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €942k |
| Net profit | €272k |
| Cash flow | €873k |
| Staff costs | €4.47M |
| Income taxes | €39k |
| Dividends | €127k |
| Total assets | €3.61M |
| Equity | €927k |
| Debt | €2.68M |
| of which ≤ 1y | €1.59M |
| of which > 1y | €1.08M |
| Working capital | €-355k |
| Employees (FTE) | 121.3 |
| 2025 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.78 |
| Working capital ratio | -9.8% |
| Solvency | 25.7% |
| Debt / equity | 2.89 |
| Long-term debt ratio | 1.16 |
| Interest coverage | 25.39 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.5% |
| ROE | 29.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.61M |
| Fixed assets | 21/28 | €2.37M |
| Intangible fixed assets | 21 | €221k |
| Tangible fixed assets | 22/27 | €1.50M |
| Financial fixed assets | 28 | €643k |
| Current assets | 29/58 | €1.24M |
| Amounts receivable within one year | 40/41 | €763k |
| Cash & bank | 54/58 | €402k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.61M |
| Equity | 10/15 | €927k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €908k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €2.68M |
| Amounts payable after one year | 17 | €1.08M |
| Amounts payable within one year | 42/48 | €1.59M |
| Trade debts payable within one year | 44 | €217k |
| Income statement | ||
| Gross operating margin | 9900 | €5.49M |
| Operating result | 9901 | €341k |
| Financial income | 75 | €7k |
| Financial charges | 65 | €37k |
| Result before taxes | 9903 | €311k |
| Income taxes | 67/77 | €39k |
| Net result for the period | 9904 | €272k |
| Result to be appropriated | 9905 | €272k |
| NACE primary | Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 17-12-2003 |
| Status | Active |
| Postal code | 9185 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44073A0970/00A000 | Flanders | 1,775 m² | 1 · 505 m² | 6.3 m · 1 fl. |
| 31813R0628/00G007 | Flanders | 349 m² | 1 · 87 m² | 7.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-04-2026 NBB filing Annual accounts filed
24-09-2025 State Gazette act Registered-office change
26-08-2025 NBB filing Annual accounts filed
07-06-2024 NBB filing Annual accounts filed
28-09-2023 NBB filing Annual accounts filed
17-11-2022 NBB filing Annual accounts filed
18-10-2021 NBB filing Annual accounts filed
06-08-2020 NBB filing Annual accounts filed
30-12-2019 NBB filing Annual accounts filed
29-08-2018 NBB filing Annual accounts filed
31-08-2017 NBB filing Annual accounts filed
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-09-2025 Registered office moved from Zelzate to Wachtebeke
- Onteigeningsstraat 2+, 9060 Zelzate → Walterdonk 91A, 9185 Wachtebeke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Walterdonk 91A, 9185 Wachtebeke",
"city": "Wachtebeke",
"region": "vlaams_gewest",
"street": "Walterdonk",
"country": "BE",
"postcode": "9185",
"box_number": null,
"street_number": "91A",
"locality_suffix": null
},
"old_address": {
"raw": "Onteigeningsstraat 2\u002B, 9060 Zelzate",
"city": "Zelzate",
"region": "vlaams_gewest",
"street": "Onteigeningsstraat",
"country": "BE",
"postcode": "9060",
"box_number": null,
"street_number": "2\u002B",
"locality_suffix": null
},
"effective_date": "2025-07-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Rochtwor d",
"firm_city": null,
"firm_name": "M\u0026M De Waele",
"office_city": null,
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-09-24",
"filing_date": "2025-09-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2025-07-01",
"unanimous": null
},
"subject_company": {
"kbo": "0862.242.007",
"name_full": "Besloten vennootschap (BV)",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": "0882.371.584",
"org_name": "NV TITECA ACCOUNTANCY",
"person_name": "Amber Depauw",
"org_rep_person_name": null,
"person_role_at_subject": "Aangestelde"
},
"co_filed_documents": [
"Mod PDF 19 01"
]
}| Legal nameNL | M&M De Waele |