M & H GROUP
InactiveM & H GROUP was declared bankrupt on 25-02-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 13-11-2025, published in the Belgian State Gazette on 10-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-06-2023, 311 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
311 d late
2020
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€2k▼ 86.2%
2020 · €11k
2020: €11k
2020 → 2021
Total assets
€16k▼ 23.5%
2020 · €21k
2020: €21k
2020 → 2021
Net result
€-9k
2020 · €10k
2020: €10k
2020 → 2021
Working capital
€-5k▼ 926%
2020 · €-482
2020: €-482
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€11k-€2k▼ 86.2%
Operating result€11k-€-11k
Net result€10k-€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €11k after €11k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €16k
Fixed assets
€6k ▼ 43.5%
Current assets
€9k ▲ 1.0%
Equity and liabilities €16k
Equity
€2k ▼ 86.2%
Debt
€14k ▲ 46.1%
Debt's share of the balance-sheet total rises from 47.4% to 90.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2020 · €16k
Cash flow
€-4k▼
2020 · €15k
Current ratio
0.66▼
2020 · 0.95
Quick ratio
0.11▼
2020 · 0.16
Debt to equity
9.55
ROE
-624.7%▼
2020 · 90.9%
ROA
-59.2%▼
2020 · 47.8%
Interest coverage
-210.27
Debt ≤ 1 year
€14k▲
2020 · €10k
Staff costs
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€21k€16k▼
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€9k€4k▼
Furniture and vehicles24-€4k
Financial fixed assets28€2k€2k=
Current assets29/58€9k€9k▲
Stocks and contracts in progress3€8k€8k=
Stocks30/36-€8k
Amounts receivable within one year40/41€33€677▲
Other amounts receivable41-€677
Cash at bank and in hand54/58€1k€678▼
Deferred charges and accrued income490/1-€300
Equity and liabilities
Total equity and liabilities10/49€21k€16k▼
Equity10/15€11k€2k▼
Contributions10/11-€1k
Profit (loss) carried forward14€10k€511▼
Amounts payable17/49€10k€14k▲
Amounts payable within one year42/48€10k€14k▲
Financial debts43-€20
Credit institutions430/8-€20
Trade debts44€4k€1k▼
Suppliers440/4-€1k
Advances received on contracts in progress46-€840
Taxes, remuneration and social security45-€6k
Taxes450/3-€4k
Remuneration and social security454/9-€2k
Other amounts payable47/48-€6k
Income statement
Code20202021
Goods, raw materials, services and sundry goods60/61-€23k
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8-€2k
Gross operating margin9900€27k€6k▼
Operating profit (loss)9901€11k€-11k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B-€31
Recurring financial charges65-€31
Profit (loss) for the period before taxes9903€11k€-9k▼
Income taxes67/77€718-
Profit (loss) for the period9904€10k€-9k▼
Profit (loss) for the period to be appropriated9905€10k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€511
Profit (loss) brought forward from the previous period14P-€10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL M&H GROUP AV MARECHAL JOFFRE 107/4, 1190 FOREST. déclarée le 25 février 2025 · event 13-11-2025
03-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL M&H GROUP AV MARECHAL JOFFRE 107/4, 1190 FOREST · event 25-02-2025
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 311 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalNBB filing
Directors · office · real estate
Directors
6 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
25-02-2025 → 13-11-2025 |