MH
ActiveSummary
MH has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €16k. Equity is growing by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+10
Solvency100▲+33
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 0.83 in 2024; short-term debt: 22.4% and cash: 19.1% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
77.6%
Return on assets
19.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
30 d late
2023
31 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▲ 33.3%
2024 · €48k
2021: €9k
2022: €26k
2023: €36k
2024: €48k
2021 → 2025
Total assets
€83k▼ 28.1%
2024 · €115k
2021: €70k
2022: €88k
2023: €105k
2024: €115k
2021 → 2025
Net result
€16k▲ 19.4%
2024 · €13k
2021: €-4k
2022: €18k
2023: €12k
2024: €13k
2021 → 2025
Working capital
€22k
2024 · €-11k
2021: €-33k
2022: €-9k
2023: €-10k
2024: €-11k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€26k▲ 182%€36k▲ 41.9%€48k▲ 32.5%€64k▲ 33.3%
Operating result€-4k-€24k€17k▼ 29.7%€18k▲ 4.2%€20k▲ 15.8%
Net result€-4k-€18k€12k▼ 32.0%€13k▲ 8.8%€16k▲ 19.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€42k ▼ 28.5%
Current assets
€40k ▼ 27.6%
Equity and liabilities €83k
Equity
€64k ▲ 33.3%
Debt
€19k ▼ 72.3%
Debt's share of the balance-sheet total falls from 58.1% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €29k
Cash flow
€33k▲
2024 · €25k
Current ratio
2.18▲
2024 · 0.83
Debt to equity
0.29▼
2024 · 1.39
ROE
25.0%▼
2024 · 27.9%
ROA
19.4%▲
2024 · 11.7%
Interest coverage
706.51▲
2024 · 548.59
Debt ≤ 1 year
€19k▼
2024 · €67k
Income taxes
€4k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€115k€83k▼
Fixed assets21/28€59k€42k▼
Tangible fixed assets22/27€59k€42k▼
Plant, machinery and equipment23€17k€12k▼
Furniture and vehicles24€42k€31k▼
Current assets29/58€56k€40k▼
Amounts receivable within one year40/41€3k€25k▲
Trade receivables40-€21k
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€52k€16k▼
Equity and liabilities
Total equity and liabilities10/49€115k€83k▼
Equity10/15€48k€64k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€33k€49k▲
Amounts payable17/49€67k€19k▼
Amounts payable within one year42/48€67k€19k▼
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€57k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€17k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€33k€40k▲
Operating profit (loss)9901€18k€20k▲
Financial income75/76B-€130
Recurring financial income75-€130
Financial charges65/66B€53€53=
Recurring financial charges65€53€53=
Profit (loss) for the period before taxes9903€18k€20k▲
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€13k€16k▲
Profit (loss) for the period to be appropriated9905€13k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€49k▲
Profit (loss) brought forward from the previous period14P€21k€33k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 2.18
Current ratio from 0.83 to 2.18; short-term debt falls from €67k to €19k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lochristi · 1 establishment unit since 2020
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.
Wilgenhof 349080 LochristiGround area
541 m²
Building footprint
79 m²
Volume, LiDAR
185 m³
Parcel 44034C1041/00G000, Flanders · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MH
since 20202.311.625.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C1041/00G000 | Flanders | 541 m² | 1 · 79 m² | 4.2 m · 1 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.
Similar companies · same sector, comparable size
FOOTBALL PASSION
BE 0666.692.381
Le Roeulx · Eq €64,299
VLAAMSE AUTEURSVERENIGING
BE 0883.737.108
Antwerpen · Eq €64,148
ANGELS CST
BE 0635.818.271
Gent · Eq €64,483
Siegfried Van Sas & Co
BE 0841.794.902
Kapellen · Eq €64,506
DARK INDEPENDENT BOOKINGS
BE 0795.567.670
Puurs-Sint-Amands · Eq €64,827
Of 886 companies in sector 74991 we hold annual accounts for 317. 246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74991Agents and managers of artists, athletes and other public figures
01480Raising of other animals
43120Site preparation
74201Photography, excluding press photography
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.