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MFM Concept

Active
Private limited companyfounded 2025active for 1 yearAntwerpsesteenweg 23, 2630 Aartselaar, BelgiumKBO/BCE: BE 1023.410.970

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MFM Concept is 4.2% (elevated). The 2025 annual accounts show equity of €29,092 and a net result of -€23,908. Its solvency ranks better than 29% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MFM ConceptActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 16-05-2025 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.379.710.995 2630 Aartselaar, since 01-08-2025
Financial year end
31 December
Peppol
Reachable since 11-02-2026
Company details

Board and ownership

Board
Board & ownership

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.2%
Annual accounts 2025
Gross margin
-€15,363
Loss
€23,908
Equity
€29,092
Total assets
€587,950
Turnover not published (micro format)
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Financials
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFigures for financial year 2025 (filed on 08-09-2026)Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in food and beverage service (NACE 56)
Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 30
equity 4.9% of total assets
Liquidity 36
short-term debt 42.2% · cash 4.9%
Profitability 14
return on assets -4.1%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 06-2026: 7.0% 07-2026: 7.1%▲ +0.1 percentage points vs 06-2026 08-2026: 7.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 4.2%▼ -3.0 percentage points vs 08-2026lowest value 10-2026: 4.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.35, below 1. Short-term debt is 42.2% and cash 4.9% of total assets. 95.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 29% of them on solvency, 31% on liquidity and 23% on profitability.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 08-09-2026)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in food and beverage servicesector median €4,876 · 16,939 companies -€23,908 View

Comparable companies

These companies have the same main activity as MFM Concept: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €396,000 and €679,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
MFM Concept Aartselaar€587,950-€15,363
Ad Oostende Anderlecht€527,406-€974
WTG Keyserlei Antwerpen€437,818-€111,104
CAULO Elsene€506,627-€55,455
SOLEEN Tielt-Winge€440,456-€7,272
PBH Waterloo€396,044-€14,030
BC KEYSERLIE Zaventem€678,921-€6,103
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MFM Concept
What is the company number of MFM Concept?
The company number of MFM Concept is 1023.410.970. The VAT number is the same number with BE in front: BE 1023.410.970.
Where is MFM Concept based?
The registered office is at Antwerpsesteenweg 23, 2630 Aartselaar.Company details
What does MFM Concept do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of MFM Concept?
The legal form of MFM Concept is Private limited company (BV).
When was MFM Concept founded?
MFM Concept was founded on 16-05-2025.
Is MFM Concept still active?
Yes, MFM Concept is an active enterprise in the KBO register.
What is the turnover of MFM Concept?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MFM Concept profitable?
In financial year 2025, MFM Concept made a loss of €23,908.
Where can I find the annual accounts of MFM Concept?
MFM Concept filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

Next steps

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