M+M Direct
ActiveM+M Direct has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190k and a net result of €5k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 7.61 against 22.71 in 2024; short-term debt: 13.1% and cash: 97.8% of total assets), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.9%
Return on assets
2.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
25 d early
2024
24 d early
2023
2 d late
2022
14 d early
2021
30 d early
2020
32 d early
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€190k▼ 10.3%
2024 · €211k
2018: €82k
2019: €101k
2020: €129k
2021: €153k
2022: €198k
2023: €206k
2024: €211k
2018 → 2025
Total assets
€218k▼ 1.3%
2024 · €221k
2018: €146k
2019: €158k
2020: €140k
2021: €163k
2022: €219k
2023: €221k
2024: €221k
2018 → 2025
Net result
€5k▼ 32.2%
2024 · €7k
2018: €70k
2019: €21k
2020: €29k
2021: €26k
2022: €46k
2023: €9k
2024: €7k
2018 → 2025
Working capital
€190k▼ 10.3%
2024 · €211k
2018: €82k
2019: €101k
2020: €129k
2021: €153k
2022: €198k
2023: €206k
2024: €211k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€153k-€198k▲ 29.1%€206k▲ 3.8%€211k▲ 2.7%€190k▼ 10.3%
Operating result€33k-€67k▲ 104%€15k▼ 76.9%€12k▼ 19.6%€11k▼ 11.3%
Net result€26k-€46k▲ 78.0%€9k▼ 80.1%€7k▼ 21.1%€5k▼ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 11% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €218k
Equity
€190k▼ 10.3%
Debt
€29k▲ 195%
The debt ratio rises from 4.4% to 13.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
86.9%▼
2024 · 95.6%
Current ratio
7.61▼
2024 · 22.71
Quick ratio
7.61▼
2024 · 22.71
Debt / equity
0.15▲
2024 · 0.05
ROE
2.6%▼
2024 · 3.4%
ROA
2.3%▼
2024 · 3.3%
Debt
€29k▲
2024 · €10k
Debt ≤ 1 year
€29k▲
2024 · €10k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€221k€218k▼
Current assets29/58€221k€218k▼
Amounts receivable within one year40/41€25k€5k▼
Trade receivables40€21k€3k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€193k€213k▲
Deferred charges and accrued income490/1€4k€268▼
Equity and liabilities
Total equity and liabilities10/49€221k€218k▼
Equity10/15€211k€190k▼
Contributions10/11€14k€14k=
Reserves13€196k€175k▼
Distributable reserves133€196k€175k▼
Profit (loss) carried forward14€843€843=
Amounts payable17/49€10k€29k▲
Amounts payable within one year42/48€10k€29k▲
Trade debts44€5k€42▼
Suppliers440/4€5k€42▼
Taxes, remuneration and social security45€611€21▼
Taxes450/3€611€21▼
Other amounts payable47/48€5k€29k▲
Income statement
Code20242025
Other operating charges640/8€682€707▲
Gross operating margin9900€13k€12k▼
Operating profit (loss)9901€12k€11k▼
Financial income75/76B-€325
Recurring financial income75-€325
Financial charges65/66B€480€2k▲
Recurring financial charges65€480€2k▲
Profit (loss) for the period before taxes9903€12k€9k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€7k€5k▼
Profit (loss) for the period to be appropriated9905€7k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€6k▼
Profit (loss) brought forward from the previous period14P€843€843=
Transfer from equity791/2-€25k
Transfer to equity691/2€6k€3k▼
To the legal reserve6920€6k€0▼
To other reserves6921-€3k
Profit to be distributed694/7€2k€27k▲
Return on contributions (dividend)694€2k€27k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €5k ▼32.2%
Net result drops to €5k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Equity above €200kEq €206k ▲3.8%
6 profitable years in a row build equity to €206k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €153k ▲18.9%
4 profitable years in a row build equity to €153k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 12.63
Current ratio from 2.79 to 12.63; short-term debt falls from €57k to €11k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €101k ▲23.5%
2 profitable years in a row build equity to €101k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driesstraat 93690 ZutendaalGround area
874 m²
Building footprint
90 m²
Volume, LiDAR
686 m³
Parcel 71582C0079/00X002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Driesstraat 9, 3690 Zutendaal
since 20172.265.497.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71582C0079/00X002 | Flanders | 874 m² | 1 · 90 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VAN KAN HOLDING
BE 0767.922.175
Lanaken · Eq €190k
PG-TECHNICS
BE 0545.827.512
Avelgem · Eq €191k
POOL POINT
BE 0874.033.148
Heist-op-den-Berg · Eq €188k
HIGHESTATE
BE 0671.510.214
Brasschaat · Eq €188k
MICHEL AUBRY
BE 0427.444.356
Vorst · Eq €191k
Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.