Age36 yrs
Real estate1 parcel · 73 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MMEA is 0.8% (low). The 2024 annual accounts show equity of €20k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 92% of 3827 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 92% of 3827 peers (2024). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-11-2025, 107 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 15-11-2025 | 107 d late | 2025-00568688 |
| 31-12-2023 | 31-07-2024 | 18-12-2024 | 140 d late | 2024-00618570 |
| 31-12-2022 | 31-07-2023 | 30-08-2023 | 30 d late | 2023-00373699 |
| 31-12-2021 | 31-07-2022 | 27-05-2022 | 65 d early | 2022-20036008 |
| 31-12-2020 | 31-07-2021 | 28-08-2021 | 28 d late | 2021-56300061 |
| 31-12-2019 | 31-07-2020 | 31-10-2020 | 92 d late | 2020-66100094 |
| 31-12-2018 | 31-07-2019 | 31-08-2019 | 31 d late | 2019-58300282 |
| 31-12-2017 | 31-07-2018 | 31-08-2018 | 31 d late | 2018-55000185 |
| 31-12-2016 | 31-07-2017 | 27-08-2017 | 27 d late | 2017-48000280 |
| 31-12-2015 | 31-07-2016 | 29-09-2016 | 60 d late | 2016-62000220 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1989, 36 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.8%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Long track record
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-11k
Working capital€4k-75.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 15-11-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 81.8% | 39.4% | |
| Net result | €-11k | €9k | |
| Equity | €20k | €29k | |
| Gross operating margin | €-5k | €26k | |
| Staff costs | €387 | €16k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P92
Improving position over 2020-2024
· n=441-3827
P10
Improving position over 2020-2024
· n=438-3824
P40
Improving position over 2020-2024
· n=443-3832
P7
Improving position over 2020-2024
· n=439-3822
Describes the position versus peers, not a forecast.
€-7k
-
18-24
€-11k
-
18-24
€-7k
-
18-24
€25k
-51.6%
18-24
€20k
-35.5%
18-24
€4k
-75.7%
18-24
€387
-
18-24
€4k
-77.3%
18-24
€4k
-77.3%
18-24
1.97
+3.3%
18-24
1.97
+25.2%
18-24
81.8%
+33.3%
18-24
0.22
-64.7%
18-24
-55.0%
-
18-24
-45.0%
-
18-24
777.39
+153.7%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-7k |
| Net profit | €-11k |
| Cash flow | €-7k |
| Staff costs | €387 |
| Income taxes | - |
| Dividends | - |
| Total assets | €25k |
| Equity | €20k |
| Debt | €4k |
| of which ≤ 1y | €4k |
| of which > 1y | - |
| Working capital | €4k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.97 |
| Quick ratio | 1.97 |
| Working capital ratio | 17.7% |
| Solvency | 81.8% |
| Debt / equity | 0.22 |
| Long-term debt ratio | - |
| Interest coverage | 777.39 |
| Gross margin | - |
| Net margin | - |
| ROA | -45.0% |
| ROE | -55.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25k |
| Fixed assets | 21/28 | €16k |
| Tangible fixed assets | 22/27 | €16k |
| Financial fixed assets | 28 | €207 |
| Current assets | 29/58 | €9k |
| Amounts receivable within one year | 40/41 | €166 |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-257 |
| Amounts payable | 17/49 | €4k |
| Amounts payable within one year | 42/48 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-11k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €-9 |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed70
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Kaarderijstraat 739000 GentEstablishment units
1 locationMMEA
since 19892.046.399.793
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area73 m²
Buildings1
Building footprint63 m²
Volume (LiDAR)384 m³
Tallest building10.3 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0676/00C003 | Flanders | 73 m² | 1 · 63 m² | 10.3 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Snowflake analysis
financial profile on 5 axes69
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
70
Profitability
0
Solvency
99
Growth
78
Stability
100
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Credit advice
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We hold annual accounts for 5,317 of the 29,570 companies in this sector. 4,664 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameNL | MMEA |
Registered office
Kaarderijstraat 73
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.