MDH CONSTRUCT
ActiveMDH CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €239k and a net result of €16k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 94% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▲ +21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▲+33
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 10.11 against 24.82 in 2023), and 10.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-05-2025, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
54 d early
2022
35 d early
2021
11 d early
2020
32 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€220k▼ 86.3%
2018 · €1.60M
2018: €1.60M
2018 → 2019
EBIT margin
-4.0%▼ 2.0pp
2018 · -2.0%
2018: -2.0%
2018 → 2019
Net result
€16k
2023 · €-1k
2018: €-30k
2019: €3k
2020: €5k
2021: €10k
2022: €4k
2023: €-1k
2018 → 2024
Working capital
€239k▲ 7.2%
2023 · €223k
2018: €106k
2019: €190k
2020: €194k
2021: €210k
2022: €219k
2023: €223k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€211k-€221k▲ 4.7%€224k▲ 1.6%€223k▼ 0.5%€239k▲ 7.0%
Operating result€-414-€12k€5k▼ 57.1%€954▼ 81.3%€5k▲ 426%
Net result€5k-€10k▲ 104%€4k▼ 63.4%€-1k€16k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 426% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €265k
Equity
€239k▲ 7.0%
Debt
€27k▲ 185%
The debt ratio rises from 4.0% to 10.1%: debt grows faster than equity.
Key figures and ratios
Solvency
89.9%▼
2023 · 96.0%
Current ratio
10.11▼
2023 · 24.82
Quick ratio
10.11▼
2023 · 24.82
Debt / equity
0.11▲
2023 · 0.04
ROE
6.5%▲
2023 · -0.5%
ROA
5.9%▲
2023 · -0.4%
Debt
€27k▲
2023 · €9k
Debt ≤ 1 year
€26k▲
2023 · €9k
Staff costs
€271k▲
2023 · €238k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€232k€265k▲
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€0-
Current assets29/58€232k€265k▲
Amounts receivable after more than one year29€151k€163k▲
Trade receivables290€151k€163k▲
Amounts receivable within one year40/41€68k€93k▲
Trade receivables40€66k€93k▲
Other amounts receivable41€2k€528▼
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€232k€265k▲
Equity10/15€223k€239k▲
Contributions10/11€20k€20k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€203k€218k▲
Amounts payable17/49€9k€27k▲
Amounts payable within one year42/48€9k€26k▲
Trade debts44€312€5k▲
Suppliers440/4€312€5k▲
Taxes, remuneration and social security45€9k€21k▲
Taxes450/3€344€0▼
Remuneration and social security454/9€9k€21k▲
Other amounts payable47/48€39€39=
Accrued charges and deferred income492/3-€430
Income statement
Code20232024
Remuneration, social security and pensions62€238k€271k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Other operating charges640/8€837€920▲
Gross operating margin9900€244k€277k▲
Operating profit (loss)9901€954€5k▲
Financial income75/76B-€12k
Recurring financial income75-€12k
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-1k€16k▲
Profit (loss) for the period9904€-1k€16k▲
Profit (loss) for the period to be appropriated9905€-1k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€203k€218k▲
Profit (loss) brought forward from the previous period14P€204k€203k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 12.35
Current ratio from 2.31 to 12.35; short-term debt falls from €148k to €18k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
under verification, last change in 2026
This board is reconstructed from a single act (26098978). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
M-H-N MANAGEMENT
CurrentAdministrateur délégué à la gestion journalière · since 01-01-2026 · Private limited company · perm. rep.: Nossin Jean-François
MPN INVEST
CurrentAdministrateur délégué à la gestion journalière · since 01-01-2026 · Private limited company · perm. rep.: Nossin Joseph
OB MANAGEMENT
CurrentDirector · since 01-01-2026 · Private limited company · perm. rep.: Maissin Hervé
01-01-2026
M-H-N MANAGEMENT: Appointed as Administrateur délégué à la gestion journalière
01-01-2026
M-H-N MANAGEMENT: Appointed as Director
01-01-2026
MPN INVEST: Appointed as Administrateur délégué à la gestion journalière
01-01-2026
MPN INVEST: Appointed as Director
01-01-2026
OB MANAGEMENT: Appointed as Director
01-01-2026
OB MANAGEMENT: Appointed as Administrateur délégué à la gestion journalière
01-01-2026
Nossin Jean-François: Resigned as Director
01-01-2026
Nossin Joseph: Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Waremme · 1 establishment unit since 2009
Ground area
5,701 m²
Building footprint
1,356 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de France 11, 4280 Hannut
since 20092.177.467.381
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034A0819/00H000 | Wallonia | 4,433 m² | 1 · 1,219 m² | - |
| 64054B0063/00B002 | Wallonia | 1,268 m² | 1 · 137 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
3 partiesControl over this companysits on this company's board3
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
MDH CONSTRUCTBE 0810.811.023
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,860. 11,523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2009
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43120Site preparation
43410Roofing work
43421Specialised construction activities
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.