Exploitatiemaatschappij MHSL
The computed 12-month bankruptcy probability of Exploitatiemaatschappij MHSL is 0.8% (low). The 2024 annual accounts show equity of €108k and a net result of €48k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 35% of 97 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €108k |
| Net result | €48k |
| Staff (FTE) | 20.4 |
| Better than sector | 35% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
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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 | 0.9% | 7.5% | |
| Net result | €48k | €-7k | |
| Equity | €108k | €92k | |
| Gross operating margin | €1.57M | €183k | |
| Staff costs | €898k | €315k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €495k |
| Net profit | €48k |
| Cash flow | €516k |
| Staff costs | €898k |
| Income taxes | €26 |
| Dividends | - |
| Total assets | €11.92M |
| Equity | €108k |
| Debt | €11.81M |
| of which ≤ 1y | €11.80M |
| of which > 1y | - |
| Working capital | €-10.67M |
| Employees (FTE) | 20.4 |
| 2024 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.09 |
| Working capital ratio | -89.5% |
| Solvency | 0.9% |
| Debt / equity | 108.99 |
| Long-term debt ratio | - |
| Interest coverage | 1818.24 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.4% |
| ROE | 44.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11.92M |
| Fixed assets | 21/28 | €10.79M |
| Intangible fixed assets | 21 | €28k |
| Tangible fixed assets | 22/27 | €10.76M |
| Current assets | 29/58 | €1.13M |
| Stocks & contracts in progress | 3 | €20k |
| Amounts receivable within one year | 40/41 | €784k |
| Cash & bank | 54/58 | €310k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.92M |
| Equity | 10/15 | €108k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €11.81M |
| Amounts payable within one year | 42/48 | €11.80M |
| Trade debts payable within one year | 44 | €11.50M |
| Income statement | ||
| Gross operating margin | 9900 | €1.57M |
| Operating result | 9901 | €27k |
| Financial income | 75 | €21k |
| Financial charges | 65 | €272 |
| Result before taxes | 9903 | €48k |
| Income taxes | 67/77 | €26 |
| Net result for the period | 9904 | €48k |
| Result to be appropriated | 9905 | €48k |
-
NESTIA HOSPITALITY GROUPLegal entityNon-statutory director· perm. rep.: DEBUCQUOY Jonathan Joy JozefState Gazette act 24450409 (13-12-2024)Current13-12-2024 → present
-
UNIBRICKSLegal entityNon-statutory director· perm. rep.: LECLUSE ThomasState Gazette act 24450409 (13-12-2024)Current13-12-2024 → present
Permanent representatives (3)
-
BRICKS FINANCIAL SERVICESLegal entityPermanent representative· perm. rep.: DEBUCQUOY Jonathan Joy JozefState Gazette act 24450409 (13-12-2024)Permanent representative- → 13-12-2024
-
NESTIA HOSPITALITY GROUPLegal entityPermanent representative· perm. rep.: DEBUCQUOY Jonathan Joy JozefState Gazette act 24450409 (13-12-2024)Permanent representative- → 13-12-2024
-
PATRIMONIUMMAATSCHAPPIJ VAN BELGIËLegal entityPermanent representative· perm. rep.: DEBUCQUOY Jochen Geert ChrisState Gazette act 24450409 (13-12-2024)Permanent representative- → 13-12-2024
Former directors (1)
-
LDG ConsultDirectorState Gazette act 23076717 (13-06-2023)Former- → 01-04-2023
| NACE primary | Hotels en dergelijke accommodatie(55100) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-2018 |
| Status | Active |
| Postal code | 9051 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0304/00G003 | Flanders | 1,088 m² | 1 · 171 m² | 10.5 m · 2 fl. |
| 91060A0828/00R000indicative | Wallonia | 941 m² | 1 · 226 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-12-2024 All shares are now held by a single shareholder
Technical details
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}13-06-2023 LDG Consult resigns as director
- LDG Consult, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Exploitatiemaatschappij MHSL |
| Trade nameNL | Exploitatiemaatschappij ISHSL |