M-B-H
ActiveM-B-H has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €249k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 95% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-3
Solvency100▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 8.48 against 2.88 in 2024; short-term debt: 10.4% and cash: 34.4% of total assets), and 10.5% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
89.5%
Return on assets
17.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
44 d early
2023
33 d early
2022
2 d late
2021
38 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€249k▼ 15.0%
2024 · €294k
2018: €192k
2019: €218k
2020: €515k
2021: €422k
2022: €516k
2023: €365k
2024: €294k
2018 → 2025
Working capital
€1.11M▲ 35.0%
2024 · €825k
2018: €1.23M
2019: €1.46M
2020: €677k
2021: €708k
2022: €1.14M
2023: €1.05M
2024: €825k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€900k-€1.42M▲ 57.3%€1.28M▼ 9.5%€1.03M▼ 19.5%€1.28M▲ 24.2%
Operating result€549k-€669k▲ 21.8%€472k▼ 29.5%€383k▼ 18.8%€323k▼ 15.8%
Net result€422k-€516k▲ 22.4%€365k▼ 29.2%€294k▼ 19.6%€249k▼ 15.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 16% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€168k▼ 18.9%
Current assets
€1.26M=
Equity and liabilities €1.43M
Equity
€1.28M▲ 24.2%
Debt
€150k▼ 65.9%
The debt ratio falls from 29.8% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€363k▼
2024 · €428k
Cash flow
€290k▼
2024 · €339k
Solvency
89.5%▲
2024 · 70.2%
Current ratio
8.48▲
2024 · 2.88
Quick ratio
3.86▲
2024 · 1.28
Debt / equity
0.12▼
2024 · 0.43
ROE
19.5%▼
2024 · 28.5%
ROA
17.4%▼
2024 · 20.0%
Interest coverage
41.09▲
2024 · 40.84
Debt
€150k▼
2024 · €438k
Debt ≤ 1 year
€149k▼
2024 · €438k
Income taxes
€88k▼
2024 · €102k
Staff costs
€292k▲
2024 · €278k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.47M€1.43M▼
Fixed assets21/28€207k€168k▼
Tangible fixed assets22/27€207k€167k▼
Land and buildings22€169k€144k▼
Plant, machinery and equipment23€17k€12k▼
Furniture and vehicles24€21k€11k▼
Financial fixed assets28€50€50=
Current assets29/58€1.26M€1.26M=
Stocks and contracts in progress3€704k€688k▼
Stocks30/36€704k€688k▼
Amounts receivable within one year40/41€83k€76k▼
Trade receivables40€5k€10k▲
Other amounts receivable41€78k€66k▼
Cash at bank and in hand54/58€468k€492k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.47M€1.43M▼
Equity10/15€1.03M€1.28M▲
Contributions10/11€363k€363k=
Reserves13€36k€36k=
Non-distributable reserves130/1€36k€36k=
Reserves not available under the articles1311€36k€36k=
Profit (loss) carried forward14€632k€881k▲
Amounts payable17/49€438k€150k▼
Amounts payable within one year42/48€438k€149k▼
Trade debts44€62k€87k▲
Suppliers440/4€62k€87k▲
Taxes, remuneration and social security45€82k€62k▼
Taxes450/3€24k€15k▼
Remuneration and social security454/9€58k€47k▼
Other amounts payable47/48€294k-
Accrued charges and deferred income492/3€520€549▲
Income statement
Code20242025
Remuneration, social security and pensions62€278k€292k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€41k▼
Other operating charges640/8€15k€20k▲
Gross operating margin9900€721k€675k▼
Operating profit (loss)9901€383k€323k▼
Financial income75/76B€23k€24k▲
Recurring financial income75€23k€24k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€396k€337k▼
Income taxes67/77€102k€88k▼
Profit (loss) for the period9904€294k€249k▼
Profit (loss) for the period to be appropriated9905€294k€249k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.18M€881k▼
Profit (loss) brought forward from the previous period14P€882k€632k▼
Profit to be distributed694/7€544k-
Return on contributions (dividend)694€544k-
Social balance
Average headcount (FTE)90878.08.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 8.48
Current ratio from 2.88 to 8.48; short-term debt falls from €438k to €149k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €516k ▲22.4%
Net result €516k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 5.47
Current ratio from 1.98 to 5.47; short-term debt falls from €722k to €256k.
31-12
Financial
Equity above €1MEq €1.42M ▲57.3%
5 profitable years in a row build equity to €1.42M.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Habay · 1 establishment unit since 2006
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.
Route de Gérasa 66723 HabayGround area
6,214 m²
Building footprint
1,659 m²
Volume, LiDAR
10,283 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M-B-H
since 20062.156.046.120
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85015A2096/00B000 | Wallonia | 4,075 m² | 1 · 1,659 m² | 9.1 m · 2 fl. |
| 85014A1849/00Y002 | Wallonia | 2,139 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHabay2.156.046.120
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Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2006
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47191Retail trade
47521Retail sale of hardware, building materials, paint and glass (general range)
52122
52461
47910Retail trade
52610
70200Business and other management consultancy
70220Business consulting
74142
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@multinet-sprl.be
Phone:063/44.42.08
Fax:063/44.50.09