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Mhackers

Active
Private limited company·Mediarepresentatie· 2 yrs active
Avenue Minerve 18 ·1410 Waterloo, Belgium
KBO/BCE: BE 1002.959.709
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Age2 yrs
Connections1
Real estate1 parcel · 1,096 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Mhackers is 1.6% (moderate). The 2024 annual accounts show equity of €54k and a net result of €74k. Its solvency ranks better than 43% of 2542 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. 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
31-12-2024 31-07-2025 30-09-2025 61 d late 2025-00514418

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 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
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 administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +

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€74k
Working capital€35k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 48.4% 56.2%
better than 43% of 2542 sector peers
Net result €74k €19k
better than 85% of 2544 sector peers
Equity €54k €43k
better than 56% of 2542 sector peers
Gross operating margin €91k €37k
better than 78% of 2541 sector peers
Total assets €113k €93k
better than 57% of 2544 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€90k
Net profit€74k
Cash flow€74k
Staff costs-
Income taxes€16k
Dividends-
Total assets€113k
Equity€54k
Debt€58k
of which ≤ 1y€58k
of which > 1y-
Working capital€35k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.60
Quick ratio1.60
Working capital ratio30.8%
Solvency48.4%
Debt / equity1.07
Long-term debt ratio-
Interest coverage388.13
Gross margin-
Net margin-
ROA65.7%
ROE135.8%
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 Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€113k
Fixed assets 21/28€20k
Tangible fixed assets 22/27€20k
Current assets 29/58€93k
Amounts receivable within one year 40/41€71k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€113k
Equity 10/15€54k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€52k
Amounts payable 17/49€58k
Amounts payable within one year 42/48€58k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€91k
Operating result 9901€90k
Financial income 75€655
Financial charges 65€231
Result before taxes 9903€90k
Income taxes 67/77€16k
Net result for the period 9904€74k
Result to be appropriated 9905€74k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
86 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Connections & network

1 connected company
Group structure
CPHQ
Subsidiary · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Establishment units

1 location
Mhackers
Avenue Minerve 18, 1410 WaterlooComputerconsultancy-activiteiten
since 20232.353.098.749
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,096 m²
Buildings1
Building footprint99 m²
Volume (LiDAR)714 m³
Tallest building8.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25764N0829/00C000 Wallonia 1,096 m² 1 · 99 m² 8.7 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 and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health86Profitability100Solvency85Growth-Stability67
84 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 86
Profitability 100
Solvency 85
Growth -
Stability 67

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Mediarepresentatie73120Mediarepresentatie73120Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Reclamebureaus73110Activiteiten van reclamebureaus73110
Primary activity highlighted.
Names & trade names
Legal nameFR Mhackers
Registered office
Avenue Minerve 18
1410 Waterloo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.