MAUHIN MANAGEMENT
ActiveMAUHIN MANAGEMENT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214k and a net result of €194k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 22% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-2
Solvency36▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.98 in 2024; short-term debt: 51.4% and cash: 16.2% of total assets), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
11.3%
Return on assets
10.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1617 sector peers (2025).
NBB · sector comparisonPosition among 1617 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
28 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
19 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€194k▼ 8.2%
2024 · €211k
2018: €66k
2019: €70k
2020: €156k
2021: €216k
2022: €202k
2023: €215k
2024: €211k
2018 → 2025
Working capital
€-119k▼ 692%
2024 · €-15k
2018: €143k
2019: €59k
2020: €132k
2021: €98k
2022: €-244k
2023: €-170k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€21k▼ 93.3%€235k▲ 1,042%€232k▼ 1.3%€214k▼ 7.8%
Operating result€191k-€174k▼ 8.7%€265k▲ 52.1%€315k▲ 18.8%€302k▼ 4.1%
Net result€216k-€202k▼ 6.3%€215k▲ 6.2%€211k▼ 1.7%€194k▼ 8.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€1.04M▲ 0.8%
Current assets
€859k▲ 4.7%
Equity and liabilities €1.90M
Equity
€214k▼ 7.8%
Debt
€1.69M▲ 4.0%
The debt ratio rises from 87.5% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€313k▼
2024 · €325k
Cash flow
€204k▼
2024 · €221k
Solvency
11.3%▼
2024 · 12.5%
Current ratio
0.88▼
2024 · 0.98
Quick ratio
0.86▼
2024 · 0.96
Debt / equity
7.89▲
2024 · 6.99
ROE
90.5%▼
2024 · 90.8%
ROA
10.2%▼
2024 · 11.4%
Interest coverage
3.32▼
2024 · 3.32
Debt
€1.69M▲
2024 · €1.62M
Debt ≤ 1 year
€978k▲
2024 · €836k
Debt > 1 year
€696k▼
2024 · €772k
Income taxes
€62k▼
2024 · €64k
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€1.86M€1.90M▲
Fixed assets21/28€1.03M€1.04M▲
Tangible fixed assets22/27€635k€643k▲
Land and buildings22€574k€582k▲
Plant, machinery and equipment23€7k€7k▲
Furniture and vehicles24€40k€44k▲
Other tangible fixed assets26€13k€10k▼
Financial fixed assets28€400k€400k=
Current assets29/58€821k€859k▲
Stocks and contracts in progress3€18k€18k=
Stocks30/36€18k€18k=
Amounts receivable within one year40/41€637k€526k▼
Trade receivables40€197k€87k▼
Other amounts receivable41€439k€439k=
Cash at bank and in hand54/58€154k€309k▲
Deferred charges and accrued income490/1€12k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.90M▲
Equity10/15€232k€214k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€212k€194k▼
Amounts payable17/49€1.62M€1.69M▲
Amounts payable after more than one year17€772k€696k▼
Financial debts170/4€772k€696k▼
Amounts payable within one year42/48€836k€978k▲
Current portion of amounts payable after more than one year42€64k€70k▲
Trade debts44€26k€25k▼
Suppliers440/4€26k€25k▼
Taxes, remuneration and social security45€22k€15k▼
Taxes450/3€22k€15k▼
Other amounts payable47/48€724k€867k▲
Accrued charges and deferred income492/3€16k€14k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€385€546▲
Gross operating margin9900€325k€313k▼
Operating profit (loss)9901€315k€302k▼
Financial income75/76B€57k€48k▼
Recurring financial income75€57k€48k▼
Financial charges65/66B€98k€94k▼
Recurring financial charges65€98k€94k▼
Profit (loss) for the period before taxes9903€275k€256k▼
Income taxes67/77€64k€62k▼
Profit (loss) for the period9904€211k€194k▼
Profit (loss) for the period to be appropriated9905€211k€194k▼
Appropriation of the result
Profit (loss) to be appropriated9906€426k€406k▼
Profit (loss) brought forward from the previous period14P€215k€212k▼
Profit to be distributed694/7€214k€212k▼
Return on contributions (dividend)694€214k€212k▼
The notes to these accounts (22 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
28-08
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €235k ▲1042%
6 profitable years in a row build equity to €235k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €216k ▲38.6%
Net result €216k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €200kEq €304k ▲105%
3 profitable years in a row build equity to €304k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dalhem · 1 establishment unit since 2016
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.
Mauhin(NEU) 104608 DalhemGround area
1,153 m²
Building footprint
144 m²
Volume, LiDAR
1,168 m³
Parcel 63055B0315/00C000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAUHIN MANAGEMENT
since 20162.251.132.052
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63055B0315/00C000 | Wallonia | 1,153 m² | 1 · 144 m² | 10.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDalhem2.251.132.052
Legal Entity Identifier
254900185JAWSXDOBG54
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2016
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
01500Mixed farming
02200Logging
02300Forestry and logging
33120Repair and maintenance of machinery
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.