H&MV Engineering Belgium
ActiveThe computed 12-month bankruptcy probability of H&MV Engineering Belgium is 2.2% (moderate). The 2025 annual accounts show equity of €307k and a net result of €307k. Its solvency ranks better than 9% of 2041 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability59
Solvency30
Growth-
Track record67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity ample (current ratio 3.39; short-term debt: 29.4% and cash: 68% of total assets), but 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.6%
Return on assets
4.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2041 sector peers (2025).
NBB · sector comparisonPosition among 2041 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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.
NBB · 1 filingDeviation from the deadline
2025
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
€19.17M
EBIT margin
2.2%
Net result
€307k
Working capital
€4.69M
Balance-sheet composition
Assets €6.67M
Fixed assets
€14k
Current assets
€6.65M
Equity and liabilities €6.67M
Equity
€307k
Debt
€6.36M
Debt finances 95.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€433k
Cash flow
€310k
Solvency
4.6%
Current ratio
3.39
Quick ratio
3.39
Debt / equity
20.70
ROE
100.0%
ROA
4.6%
Interest coverage
36.81
Debt
€6.36M
Debt ≤ 1 year
€1.96M
Income taxes
€112k
Staff costs
€1.15M
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€6.67M
Fixed assets21/28€14k
Tangible fixed assets22/27€14k
Plant, machinery and equipment23€5k
Furniture and vehicles24€8k
Financial fixed assets28€135
Other financial fixed assets284/8€135
Amounts receivable and cash guarantees285/8€135
Current assets29/58€6.65M
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€2.12M
Trade receivables40€2.09M
Other amounts receivable41€30k
Cash at bank and in hand54/58€4.53M
Equity and liabilities
Total equity and liabilities10/49€6.67M
Equity10/15€307k
Contributions10/11€100
Profit (loss) carried forward14€307k
Amounts payable17/49€6.36M
Amounts payable within one year42/48€1.96M
Trade debts44€644k
Suppliers440/4€644k
Taxes, remuneration and social security45€184k
Taxes450/3€126k
Remuneration and social security454/9€58k
Other amounts payable47/48€1.13M
Accrued charges and deferred income492/3€4.40M
Income statement
Code2025
Operating income70/76A€19.17M
Turnover70€19.17M
Other operating income74€1k
Operating charges60/66A€18.74M
Goods for resale, raw materials and consumables60€12.29M
Purchases600/8€12.29M
Services and other goods61€5.30M
Remuneration, social security and pensions62€1.15M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€8
Operating profit (loss)9901€431k
Financial charges65/66B€12k
Recurring financial charges65€12k
Other financial charges652/9€12k
Profit (loss) for the period before taxes9903€419k
Income taxes67/77€112k
Taxes670/3€112k
Profit (loss) for the period9904€307k
Profit (loss) for the period to be appropriated9905€307k
Appropriation of the result
Profit (loss) to be appropriated9906€307k
Social balance
Average headcount (FTE)90871.7
The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koloniënstraat 111000 BrusselGround area
3,406 m²
Building footprint
3,354 m²
Volume, LiDAR
88,937 m³
Parcel 21804D1424/00E002, Brussels · tallest building 35.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
H&MV Engineering Belgium
since 20242.366.341.724
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Electro Gérard
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DEKIMO EXPERTS LEUVEN
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TECHNICSAM
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MIRA NEF
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MP-I TECHNICAL SERVICES
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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2024
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
71121Engineering and related technical consultancy, excluding land surveyors
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.