MHM TRADE
The computed 12-month bankruptcy probability of MHM TRADE is 2.9% (moderate). The 2024 annual accounts show equity of €187k and a net result of €55k. Equity is growing by ~49.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 6710 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €187k |
| Net result | €55k |
| Better than sector | 37% |
| Active | 6 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.9% | 37.3% | |
| Net result | €55k | €6k | |
| Equity | €187k | €34k | |
| Gross operating margin | €306k | €39k | |
| Staff costs | €233k | €49k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | €95k |
| EBITDA | €67k | €34k | €13k | €16k |
| Net profit | €55k | €23k | €6k | €12k |
| Cash flow | €66k | €26k | €8k | €13k |
| Staff costs | €233k | €68k | €14k | €12k |
| Income taxes | - | €10k | €5k | €3k |
| Dividends | - | - | - | - |
| Total assets | €752k | €496k | €260k | €125k |
| Equity | €187k | €133k | €65k | €58k |
| Debt | €565k | €364k | €195k | €67k |
| of which ≤ 1y | €565k | €364k | €195k | €67k |
| of which > 1y | - | - | - | - |
| Working capital | €121k | €82k | €52k | €54k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.21 | 1.23 | 1.26 | 1.81 |
| Quick ratio | 1.06 | 0.89 | 0.40 | 0.68 |
| Working capital ratio | 16.1% | 16.6% | 19.9% | 43.3% |
| Solvency | 24.9% | 26.7% | 24.8% | 46.6% |
| Debt / equity | 3.02 | 2.74 | 3.03 | 1.15 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 65.49 | 101.70 | 52.46 | 57.30 |
| Gross margin | - | - | - | 31.8% |
| Net margin | - | - | - | 12.4% |
| ROA | 7.3% | 4.6% | 2.5% | 9.5% |
| ROE | 29.2% | 17.4% | 9.9% | 20.3% |
| EBITDA margin | - | - | - | 17.2% |
| Days sales outstanding | - | - | - | 170d |
| Days payable outstanding | - | - | - | 280d |
| Inventory turnover | - | - | - | 0.86 |
| Days inventory (DSI) | - | - | - | 425d |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €752k | €496k | €260k | €125k |
| Fixed assets | 21/28 | €66k | €50k | €13k | €4k |
| Tangible fixed assets | 22/27 | €60k | €35k | €2k | €3k |
| Financial fixed assets | 28 | €7k | €16k | €11k | €2k |
| Current assets | 29/58 | €686k | €446k | €247k | €121k |
| Stocks & contracts in progress | 3 | €87k | €123k | €169k | €76k |
| Amounts receivable within one year | 40/41 | €586k | €321k | €75k | €44k |
| Cash & bank | 54/58 | €13k | €2k | €4k | €1k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €752k | €496k | €260k | €125k |
| Equity | 10/15 | €187k | €133k | €65k | €58k |
| Contributions / capital | 10/11 | €75k | €75k | €30k | €30k |
| Accumulated profits (losses) | 14 | €112k | €58k | €35k | €28k |
| Amounts payable | 17/49 | €565k | €364k | €195k | €67k |
| Amounts payable within one year | 42/48 | €565k | €364k | €195k | €67k |
| Trade debts payable within one year | 44 | €297k | €149k | €95k | €50k |
| Income statement | |||||
| Turnover | 70 | - | - | - | €95k |
| Gross operating margin | 9900 | €306k | €107k | €31k | €30k |
| Operating result | 9901 | €56k | €31k | €12k | €16k |
| Financial income | 75 | - | €3k | - | - |
| Financial charges | 65 | €1k | €337 | €250 | €286 |
| Result before taxes | 9903 | €55k | €33k | €12k | €15k |
| Income taxes | 67/77 | - | €10k | €5k | €3k |
| Net result for the period | 9904 | €55k | €23k | €6k | €12k |
| Result to be appropriated | 9905 | €55k | €23k | €6k | €12k |
Former directors (1)
-
PEPELEA TasicaDirectorState Gazette act 22055860 (05-05-2022)Former- → 30-09-2021
| NACE primary | Freight transport by road(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 13-02-2020 |
| Status | Active |
| Postal code | 1640 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0048/00Z025 | Flanders | 7,308 m² | 1 · 1,453 m² | 23.0 m · 4 fl. |
| 23068B0220/00G002 | Flanders | 1,727 m² | - | - |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-07-2024 Registered office moved from Dilbeek to Sint-Genesius-Rode
- Oudesmidsestraat 20, 1700 Dilbeek, Belgie → Waterloose Steenweg 200 bus 8, 1640 Sint-Genesius-Rode
Technical details
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},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 15/07/2024 - Annexes du Moniteur belge"
]
}13-09-2023 All shares are now held by a single shareholder
Technical details
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}05-05-2022 All shares are now held by a single shareholder
Technical details
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}| Legal nameFR | MHM TRADE |