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M&H BIO

Active
Private limited companyfounded 2022active for 4 yearsHeppensesteenweg 135, 3945 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0789.276.825

The file of M&H BIO contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 16.7% (high). The 2024 annual accounts show equity of €24,799 and a net result of €3,871. Its solvency ranks better than 60% of 25,599 sector peers (NACE 47, financial year 2024).

Overview

Activity
Retail sale of cosmetics and toilet articles
NACE 47750
1 site
Size
€56,826total assets 2024
Equity
€24,799
Profit
€3,871
Turnover not published (micro format)
Financial health
17 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
16.7%
Structure
Accounts 74 days overdue1 of 6 deeds read
Why 17raises risk2 changes of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 83 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 24-10-2025)Founded in 2022Show the evidence

Checked score

Score 2024
17 / 100
Critical
Probability in this band: over 15.0%
Financially better than 47% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 69-4
equity 43.6% of total assets
Liquidity 22-52
short-term debt 56.4% · cash 0.7%
Profitability 55-45
return on assets 6.8%
Bankruptcy probability, 12 months
16.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,192 companies, NACE 47, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.1%▼ -0.2 percentage points vs 12-2024lowest value 02-2025: 3.9%▲ +2.8 percentage points vs 01-2025 03-2025: 4.0%▲ +0.1 percentage points vs 02-2025 04-2025: 4.6%▲ +0.6 percentage points vs 03-2025 05-2025: 4.5%▼ -0.1 percentage points vs 04-2025 06-2025: 4.5%● unchanged vs 05-2025 07-2025: 4.5%● unchanged vs 06-2025 08-2025: 6.1%▲ +1.6 percentage points vs 07-2025 11-2025: 11.2% 12-2025: 11.2%● unchanged vs 11-2025 01-2026: 11.1%▼ -0.1 percentage points vs 12-2025 02-2026: 11.1%● unchanged vs 01-2026 03-2026: 11.2%▲ +0.1 percentage points vs 02-2026 04-2026: 11.5%▲ +0.3 percentage points vs 03-2026 05-2026: 11.7%▲ +0.2 percentage points vs 04-2026 06-2026: 12.0%▲ +0.3 percentage points vs 05-2026 07-2026: 12.1%▲ +0.1 percentage points vs 06-2026 08-2026: 12.8%▲ +0.7 percentage points vs 07-2026 09-2026: 13.0%▲ +0.2 percentage points vs 08-2026 10-2026: 16.7%▲ +3.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 1.77, compared with 1.91 in 2023, above the usual 1.5; short-term debt: 56.4% and cash: 0.7% of total assets), but 56.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 58% on solvency, 20% on liquidity, 39% on profitability and 71% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 83 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 24-10-2025)
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
83 days late
2023
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 59 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Bankruptcy reversalEnterprise Court of Antwerp, Antwerp…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Total assets 20242 financial years filed €56,826 View
  • Active since 2022founded 01-08-2022 4 years View

By topic

Financials

Financial year
2024
Total assets
€56,826
Profit
€3,871
Solvency
43.6%
Total assets▲ 29.3%
Net result
20232024
Go to Financials

Timeline

Events
5
Since
2024
  1. 08-08-2025Opening
  2. 04-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cosmetics and toilet articlesNACE 47750
Founded
01-08-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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