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B.M.H.

Active
Public limited companyfounded 196858 yrs activeDoorniksewijk(Kor) 49, 8500 Kortrijk, BelgiumKBO/BCE: BE 0401.010.767
Summary

B.M.H. has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €53.5m and a net result of -€151,583. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€59.7mtotal assets 2026
Equity
€53.5m
Loss
-€151,583
Financial health
91 Excellent Checked score 2026
Bankruptcy chance 12 m
0.1%
Structure
Parent
UCO · 75%
Holdings
2
Accounts 44 d early0 of 10 deeds read
Why 91- Liquidity: current ratio 1.29, cash €596+ Size: total assets €59.7m+ Founded in 1968+ Equity €53.5m (89.6% of total assets)Show the evidence

Checked score

Score 2026
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (no NACE code, large)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Strong
Solvency 100=
equity 89.6% of total assets
Liquidity 50=
short-term debt 0.1% · cash 0.0%
Profitability 37-2
return on assets -0.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%● 0.0% vs 01-2025lowest value 03-2025: 0.1%● 0.0% vs 02-2025lowest value 04-2025: 0.1%● 0.0% vs 03-2025lowest value 05-2025: 0.1%● 0.0% vs 04-2025lowest value 06-2025: 0.1%● 0.0% vs 05-2025lowest value 07-2025: 0.1%● 0.0% vs 06-2025lowest value 08-2025: 0.1%▲ +1.3% vs 07-2025 09-2025: 0.1%▲ +2.5% vs 08-2025 10-2025: 0.1%▲ +53.7% vs 09-2025highest value 11-2025: 0.1%▼ -26.2% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%▲ +3.2% vs 08-2026 10-2026: 0.1%▲ +17.7% vs 09-2026
  • Size: total assets €59.7m lowers the probability for this profile
  • Liquidity: current ratio 1.29, cash €596 raises the probability
  • Founded in 1968 lowers the probability for this profile
  • Equity €53.5m (89.6% of total assets) lowers the probability
Credit up to €4,850,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.14 in 2025; short-term debt: 0.1% and cash: 0% of total assets), and 10.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, large). Better than this share of them on solvency 67%, liquidity 28%, profitability 33%, growth against the median 26%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €59.7m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.29, cash €596
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1968
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €53.5m (89.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-09-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
44 d early
2025
18 d early
2024
21 d early
2023
15 d early
2022
25 d early
2021
10 d early
2020
19 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 10 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Weakest financial yearnet -€151,583
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Caution: From profit to loss in 2026after €400,580 in 2025 -€151,583 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by UCOultimately: MIDELCO 75% View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Fiscal year
2026
Total assets
€59.7m
Loss
-€151,583
Solvency
89.6%
Total assets▲ 11.0%
Net result
20192026
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-10-2027
  1. 17-09-2026Annual accounts filed
  2. 31-03-2026Weakest financial year
  3. 13-10-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
01-01-1968
Year ends
31-03
Peppol
Not found in the Peppol directory
Go to Company details

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