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M&H CONSTRUCT

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0751.646.961

A bankruptcy procedure is open for M&H CONSTRUCT according to publications in the Belgian State Gazette; curator: GREGORY WILKIN.

Summary

The 2022 annual accounts show negative equity (-€9,022) and a net result of -€8,086.

M&H CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
31 March 2026
Supervising judge
Mark Van Straaten
Official Gazette
08-04-2026 (pdf) ↗search the document for 2026/115265

Curator

  • Gregory WilkinLange Lozanastraat 262, 2018 Antwerpen 1faillissement@mastermindlaw.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 03-05-2023, 3 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d late
2021
2 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 3 days after 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 (1)
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

History

M&H CONSTRUCT was incorporated on 30 July 2020 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 On 31 March 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 08-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€9,022▼ 864%
2021 · -€936
Total assets
€33,464▲ 156%
2021 · €13,075
Net result
-€8,086▼ 175%
2021 · -€2,936
Working capital
€7,419
2021 · -€3,691
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022
Operating result-€2,785--€4,912▼ 76.3%
Net result-€2,936--€8,086▼ 175%
Equity-€936--€9,022▼ 864%
Total assets€13,075-€33,464▲ 156%
Debt€14,011-€42,486▲ 203%
Working capital-€3,691-€7,419
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€2,785-€2,785Net result 2021: -€2,936-€2,936Operating result 2022: -€4,912-€4,912Net result 2022: -€8,086-€8,08620212022-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€2,785-€2,790Net result 2021: -€2,936-€2,940Operating result 2022: -€4,912-€4,910Net result 2022: -€8,086-€8,09020212022
The operating result stays negative: a loss of €4,912 in 2022 against €2,785 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €33,464
Fixed assets €14,331 ▲ 420%
Current assets €19,132 ▲ 85.4%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€1,738▼
2021 · -€1,185
Cash flow
-€4,913▼
2021 · -€1,335
Solvency
-27.0%▼
2021 · -7.2%
Current ratio
1.63▲
2021 · 0.74
Debt to equity
-4.71
ROA
-24.2%▼
2021 · -22.5%
Interest coverage
-0.47▲
2021 · -7.78
Debt ≤ 1 year
€11,714▼
2021 · €14,011
Debt > 1 year
€30,625
Income taxes
€111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 46 lines
Balance sheet Code20212022
Assets
Total assets20/58€13,075€33,464▲
Fixed assets21/28€2,755€14,331▲
Intangible fixed assets21€1€1▼
Tangible fixed assets22/27€2,754€14,331▲
Plant, machinery and equipment23€2,097€1,525▼
Furniture and vehicles24€657€12,806▲
Current assets29/58€10,321€19,132▲
Amounts receivable after more than one year29-€12,750
Other amounts receivable291-€12,750
Stocks and contracts in progress3€367€0▼
Stocks30/36€367€0▼
Amounts receivable within one year40/41€9,395€6,056▼
Trade receivables40€8,863€5,475▼
Other amounts receivable41€532€581▲
Cash at bank and in hand54/58€559€326▼
Equity and liabilities
Total equity and liabilities10/49€13,075€33,464▲
Equity10/15-€936-€9,022▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€2,936-€11,022▼
Amounts payable17/49€14,011€42,486▲
Amounts payable after more than one year17-€30,625
Financial debts170/4-€30,625
Amounts payable within one year42/48€14,011€11,714▼
Current portion of amounts payable after more than one year42-€5,492
Financial debts43-€2,500
Credit institutions430/8-€2,500
Trade debts44€10,469€2,762▼
Suppliers440/4€10,469€2,762▼
Taxes, remuneration and social security45€603€559▼
Taxes450/3€603€559▼
Other amounts payable47/48€2,940€401▼
Accrued charges and deferred income492/3-€147
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,601€3,173▲
Other operating charges640/8€742€1,675▲
Gross operating margin9900-€442-€63▲
Operating profit (loss)9901-€2,785-€4,912▼
Financial income75/76B€2€639▲
Recurring financial income75€2€639▲
Financial charges65/66B€152€3,702▲
Recurring financial charges65€152€3,702▲
Profit (loss) for the period before taxes9903-€2,936-€7,975▼
Income taxes67/77-€111
Profit (loss) for the period9904-€2,936-€8,086▼
Profit (loss) for the period to be appropriated9905-€2,936-€8,086▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,936-€11,022▼
Profit (loss) brought forward from the previous period14P--€2,936

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,601€3,173▲ 98.2%
Other operating charges640/8€742€1,675▲ 126%
Gross operating margin9900-€442-€63▲ 85.8%
Operating profit (loss)9901-€2,785-€4,912▼ 76.3%
Financial income75/76B€2€639▲ 34,807%
Recurring financial income75€2€639▲ 34,807%
Financial charges65/66B€152€3,702▲ 2,330%
Recurring financial charges65€152€3,702▲ 2,330%
Profit (loss) for the period before taxes9903-€2,936-€7,975▼ 172%
Income taxes67/77-€111-
Profit (loss) for the period9904-€2,936-€8,086▼ 175%
Profit (loss) for the period to be appropriated9905-€2,936-€8,086▼ 175%
Line20212022Change
Assets
Total assets20/58€13,075€33,464▲ 156%
Fixed assets21/28€2,755€14,331▲ 420%
Intangible fixed assets21€1€1▼ 10.9%
Tangible fixed assets22/27€2,754€14,331▲ 420%
Plant, machinery and equipment23€2,097€1,525▼ 27.3%
Furniture and vehicles24€657€12,806▲ 1,850%
Current assets29/58€10,321€19,132▲ 85.4%
Amounts receivable after more than one year29-€12,750-
Other amounts receivable291-€12,750-
Stocks and contracts in progress3€367€0▼ 100%
Stocks30/36€367€0▼ 100%
Amounts receivable within one year40/41€9,395€6,056▼ 35.5%
Trade receivables40€8,863€5,475▼ 38.2%
Other amounts receivable41€532€581▲ 9.2%
Cash at bank and in hand54/58€559€326▼ 41.6%
Equity and liabilities
Total equity and liabilities10/49€13,075€33,464▲ 156%
Equity10/15-€936-€9,022▼ 864%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€2,936-€11,022▼ 275%
Amounts payable17/49€14,011€42,486▲ 203%
Amounts payable after more than one year17-€30,625-
Financial debts170/4-€30,625-
Amounts payable within one year42/48€14,011€11,714▼ 16.4%
Current portion of amounts payable after more than one year42-€5,492-
Financial debts43-€2,500-
Credit institutions430/8-€2,500-
Trade debts44€10,469€2,762▼ 73.6%
Suppliers440/4€10,469€2,762▼ 73.6%
Taxes, remuneration and social security45€603€559▼ 7.3%
Taxes450/3€603€559▼ 7.3%
Other amounts payable47/48€2,940€401▼ 86.4%
Accrued charges and deferred income492/3-€147-
Line20212022Change
Profit (loss) for the period9904-€2,936-€8,086▼ 175%
+ Depreciation and write-downs630€1,601€3,173▲ 98.2%
Operating cash flow (approximation)-€1,335-€4,913▼ 268%
Investment in fixed assets (approximation)--€14,750-
Change in cash--€233-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-03-2026
2023
03-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial Liquidity doublescurrent ratio 1.63
Current ratio from 0.74 to 1.63; short-term debt falls from €14,011 to €11,714.
02-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen
exact location from the address register On OpenStreetMap
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator GREGORY WILKIN
LANGE LOZANASTRAAT 262, 2018 ANTWERPEN 1
31-03-2026 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded30-07-2020
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.