MMM Construct
Open bankruptcyA bankruptcy procedure is open for MMM Construct according to publications in the Belgian State Gazette; curator: ANN DECRUYENAERE.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €39,902 and a net result of €1,708.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Veurne division
- Declared bankrupt
- 24 June 2026
- Supervising judge
- Guy Seru
- Official Gazette
- 30-06-2026 (pdf) ↗search the document for 2026/129078
Deadlines
- Provisional date payments stopped
- 24 June 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 15 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 July 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 August 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 24 June 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ann DecruyenaereKaaskerkestraat 164, 8600 Diksmuideann@advocaatdecruyenaere.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€39,902▲ 4.5%
2023 · €38,194
Total assets
€193,882▲ 3.5%
2023 · €187,282
Net result
€1,708▼ 9.6%
2023 · €1,890
Working capital
€19,087
2023 · -€132
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,830▲ 57.6%€8,675▲ 126%€19,743▲ 128%€3,218▼ 83.7%€2,976▼ 7.5%
Net result€624▼ 48.9%€3,406within the sector's middle half▲ 446%€10,444within the sector's middle half▲ 207%€1,890within the sector's middle half▼ 81.9%€1,708within the sector's middle half▼ 9.6%
Equity€22,453▲ 0.6%€25,859within the sector's middle half▲ 15.2%€36,304within the sector's middle half▲ 40.4%€38,194within the sector's middle half▲ 5.2%€39,902within the sector's middle half▲ 4.5%
Total assets€133,952=€128,801within the sector's middle half▼ 3.8%€191,139within the sector's middle half▲ 48.4%€187,282within the sector's middle half▼ 2.0%€193,882within the sector's middle half▲ 3.5%
Debt€111,625=€102,941▼ 7.8%€154,835▲ 50.4%€149,088▼ 3.7%€153,980▲ 3.3%
Working capital€2,811=€812below the sector's middle half▼ 71.1%-€10,754below the sector's middle half-€132below the sector's middle half▲ 98.8%€19,087within the sector's middle half
Solvency16.8%▲ 0.1pp20.1%within the sector's middle half▲ 3.3pp19.0%within the sector's middle half▼ 1.1pp20.4%within the sector's middle half▲ 1.4pp20.6%within the sector's middle half▲ 0.2pp
Current ratio1.03=1.01below the sector's middle half▼ 0.020.93below the sector's middle half▼ 0.081.00below the sector's middle half▲ 0.071.13within the sector's middle half▲ 0.13
Return on assets (ROA)0.5%▼ 0.4pp2.6%within the sector's middle half▲ 2.2pp5.5%within the sector's middle half▲ 2.8pp1.0%within the sector's middle half▼ 4.5pp0.9%within the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
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 two years in a row; 2024 is 8% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193,882
Fixed assets
€25,315 ▼ 41.0%
Current assets
€168,567 ▲ 16.7%
Equity and liabilities €193,882
Equity
€39,902 ▲ 4.5%
Debt
€153,980 ▲ 3.3%
Debt's share of the balance-sheet total falls from 79.6% to 79.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,256▼
2023 · €28,118
Cash flow
€22,988▼
2023 · €26,790
Quick ratio
0.81▲
2023 · 0.81
Debt to equity
3.86▼
2023 · 3.90
ROE
4.3%▼
2023 · 4.9%
Interest coverage
13.26▼
2023 · 21.12
Debt ≤ 1 year
€149,480▲
2023 · €144,521
Debt > 1 year
€4,500=
2023 · €4,500
Income taxes
€839▼
2023 · €1,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,830 | €11,107 | €22,068 | €24,900 | €21,279 | ▼ 14.5% |
| Other operating charges640/8 | - | €20,964 | €8,891 | €29,897 | €19,907 | ▼ 33.4% |
| Gross operating margin9900 | €27,293 | €40,746 | €50,701 | €58,015 | €44,162 | ▼ 23.9% |
| Operating profit (loss)9901 | €3,830 | €8,675 | €19,743 | €3,218 | €2,976 | ▼ 7.5% |
| Financial income75/76B | - | €821 | €1,247 | €1,107 | €1,401 | ▲ 26.5% |
| Recurring financial income75 | €447 | €821 | €1,247 | €1,107 | €1,401 | ▲ 26.5% |
| Financial charges65/66B | - | €3,881 | €5,685 | €1,331 | €1,830 | ▲ 37.4% |
| Recurring financial charges65 | €1,995 | €3,881 | €5,685 | €1,331 | €1,830 | ▲ 37.4% |
| Profit (loss) for the period before taxes9903 | €2,282 | €5,615 | €15,305 | €2,994 | €2,548 | ▼ 14.9% |
| Income taxes67/77 | €2,156 | €2,208 | €4,860 | €1,104 | €839 | ▼ 24.0% |
| Profit (loss) for the period9904 | €624 | €3,406 | €10,444 | €1,890 | €1,708 | ▼ 9.6% |
| Profit (loss) for the period to be appropriated9905 | €624 | €3,406 | €10,444 | €1,890 | €1,708 | ▼ 9.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €133,952 | €128,801 | €191,139 | €187,282 | €193,882 | ▲ 3.5% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €21,376 | €29,895 | €54,905 | €42,893 | €25,315 | ▼ 41.0% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €21,376 | €29,895 | €52,790 | €40,778 | €25,315 | ▼ 37.9% |
| Land and buildings22 | - | €4,084 | €3,629 | €3,174 | €2,717 | ▼ 14.4% |
| Plant, machinery and equipment23 | - | €15,046 | €20,991 | €13,276 | €9,260 | ▼ 30.3% |
| Furniture and vehicles24 | - | €10,764 | €28,169 | €18,517 | €8,117 | ▼ 56.2% |
| Other tangible fixed assets26 | - | - | - | €5,811 | €5,221 | ▼ 10.2% |
| Financial fixed assets28 | €0 | - | €2,115 | €2,115 | - | - |
| Current assets29/58 | €112,576 | €98,906 | €136,235 | €144,389 | €168,567 | ▲ 16.7% |
| Stocks and contracts in progress3 | €5,589 | €31,806 | €29,456 | €27,476 | €47,319 | ▲ 72.2% |
| Stocks30/36 | - | €15,478 | €20,056 | €19,824 | €21,568 | ▲ 8.8% |
| Contracts in progress37 | - | €16,328 | €9,400 | €7,652 | €25,751 | ▲ 237% |
| Amounts receivable within one year40/41 | €79,490 | €66,257 | €106,779 | €114,277 | €119,987 | ▲ 5.0% |
| Trade receivables40 | - | €47,846 | €83,357 | €88,479 | €86,497 | ▼ 2.2% |
| Other amounts receivable41 | - | €18,411 | €23,422 | €25,798 | €33,490 | ▲ 29.8% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,743 | €843 | - | €35 | €1,262 | ▲ 3,461% |
| Deferred charges and accrued income490/1 | - | - | - | €2,600 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €133,952 | €128,801 | €191,139 | €187,282 | €193,882 | ▲ 3.5% |
| Equity10/15 | €22,453 | €25,859 | €36,304 | €38,194 | €39,902 | ▲ 4.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,853 | €7,259 | €17,704 | €19,594 | €21,302 | ▲ 8.7% |
| Non-distributable reserves130/1 | - | €186 | €186 | €186 | €186 | = |
| Reserves not available under the articles1311 | - | €186 | €186 | €186 | €186 | = |
| Distributable reserves133 | - | €7,073 | €17,517 | €19,408 | €21,116 | ▲ 8.8% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €111,625 | €102,941 | €154,835 | €149,088 | €153,980 | ▲ 3.3% |
| Amounts payable after more than one year17 | €6,000 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Financial debts170/4 | - | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Amounts payable within one year42/48 | €109,765 | €98,094 | €146,989 | €144,521 | €149,480 | ▲ 3.4% |
| Financial debts43 | - | €4,810 | €7,689 | €9,563 | €7,007 | ▼ 26.7% |
| Credit institutions430/8 | - | €4,810 | €7,689 | €9,563 | €7,007 | ▼ 26.7% |
| Trade debts44 | €103,557 | €79,074 | €95,537 | €90,173 | €104,049 | ▲ 15.4% |
| Suppliers440/4 | - | €79,074 | €95,537 | €90,173 | €104,049 | ▲ 15.4% |
| Taxes, remuneration and social security45 | - | €14,210 | €7,715 | €9,337 | €4,176 | ▼ 55.3% |
| Taxes450/3 | - | €14,210 | €7,715 | €9,337 | €4,176 | ▼ 55.3% |
| Other amounts payable47/48 | - | - | €36,048 | €35,448 | €34,248 | ▼ 3.4% |
| Accrued charges and deferred income492/3 | - | €348 | €3,346 | €68 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €624 | €3,406 | €10,444 | €1,890 | €1,708 | ▼ 9.6% |
| + Depreciation and write-downs630 | €15,830 | €11,107 | €22,068 | €24,900 | €21,279 | ▼ 14.5% |
| Operating cash flow (approximation) | €16,454 | €14,514 | €32,512 | €26,790 | €22,988 | ▼ 14.2% |
| Investment in fixed assets (approximation) | - | -€19,626 | -€47,078 | -€12,889 | -€3,701 | ▲ 71.3% |
| Change in cash | - | -€1,900 | - | - | €1,226 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 24-06-2026
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 166 days late
2025
24-10
KBO administration
Address strikeout annulled
08-08
KBO administration
Address struck
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-12
Financial
Highest result since 2018net €10,444 ▲207%
Operating result €19,743, net result €10,444, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €624 ▼48.9%
Net result drops to €624, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 163 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 525 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Diksmuide · 1 establishment unit since 2016
Ground area
1,334 m²
Building footprint
44 m²
Parcel 32024B0742/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
MMM CONSTRUCT
since 20162.258.732.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32024B0742/00F002 | Flanders | 1,334 m² | 1 · 44 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANN DECRUYENAERE KAASKERKESTRAAT 164,
8600 DIKSMUIDE |
24-06-2026 → present |
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Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 12,873 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663835831
Also
9925:BE0663835831
Registered
25-09-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.