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MHGroup

Open bankruptcy
Private limited company (pre-2019)founded 2018Aarlenstraat 25, 1050 Elsene, Belgium50 active companies are registered at this addressKBO/BCE: BE 0691.913.470

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

A bankruptcy procedure is open for MHGroup according to publications in the Belgian Official Gazette. The 2023 annual accounts show equity of €323,734 and a net result of €178,200.

MHGroupOpen bankruptcy

Information for creditors

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 Brussels
Declared bankrupt
16 December 2025
Supervising judge
Frank Van Gool
Official Gazette
23-12-2025 (pdf) ↗search the document for 2025/153621

Deadlines

Provisional date payments stopped
16 December 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 7 January 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 15 January 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 21 January 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
16 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Next steps

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Reclaim goods you delivered under retention of title before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Official details

KBO
Status
Active since 09-03-2018 Open bankruptcy
Legal form
Private limited company (pre-2019)
Registered office
Aarlenstraat 25, 1050 Elsene
Activity
Office administrative and support services NACE 82100and 5 others
Establishment unit
2.283.218.068 1000 Brussel, since 04-01-2019
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • BEN AZOUZ AbderazakDirector

Financial position

Open bankruptcy: no score
Annual accounts 2023
Gross margin
€554,859
▼ 10.9%
Turnover
≈ €860,000
estimated
Profit
€178,200
▼ 11.1%
Equity
€323,734
▲ 122%
Total assets
€1.1m
▲ 71.9%
Staff
≈ 3.6 FTE
estimated
Filed on 02-10-2024PDF
Signalsraises riskOpen bankruptcy2023 accounts filed 63 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2023 accounts filed 63 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-10-2024, 63 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2023
63 days late
2022
220 days late
2021
162 days late
2020
1 day early
2019
91 days late
2018
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 94 days after the deadline. In the sector (NACE 82), the median for financial year 2023 was 5 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2023from €145,534 to €323,734 ▲ 122% View
  • Positive: 5 profitable years in a rowprofit 2023: €178,200 5 years View

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MHGroup

What is the company number of MHGroup?
The company number of MHGroup is 0691.913.470. The VAT number is the same number with BE in front: BE 0691.913.470.
Where was MHGroup based?
The last known address of the registered office is Aarlenstraat 25, 1050 Elsene.Company details
What does MHGroup do?
According to the KBO register, the main activity is office administrative and support services (NACE 82100).
What is the legal form of MHGroup?
The legal form of MHGroup is Private limited company (pre-2019) (BVBA).
When was MHGroup founded?
MHGroup was founded on 09-03-2018.
Is MHGroup still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did MHGroup have?
MHGroup had an average of 12 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of MHGroup?
The turnover in financial year 2023 is ≈ €860,000. This figure is estimated from the gross margin of €554,859 and 62 comparable companies (NACE 82). It probably lies between €690,000 and €1.5m.
Is MHGroup profitable?
In financial year 2023, MHGroup made a profit of €178,200.
Where can I find the annual accounts of MHGroup?
MHGroup filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2023.Annual accounts 2023 (PDF)

Comparable companies

These companies have the same main activity as MHGroup: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €1m and €1.9m, founded between 2015 and 2019.

CompanyTotal assetsGross margin
MHGroup Elsene€1.1m€0.6m
Lazarus Brussel€1.9m€0.6m
HIVE5 GROUP Etterbeek€1.1m€0.4m
Untranslate Kontich€1.0m€0.6m
BruNetto Asse€1.1m€0.8m
MAGNOTRADE Antwerpen€1.3m€0.8m
MedXPress.Pro Leuven€1.5m€0.8m
Full comparison

Next steps

Keep this company with today's facts in a case file.