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Maintenance , Hygiène , Services

Active
Private limited companyfounded 200817 yrs activeBoulevard de la Résistance 39, 1400 Nivelles, BelgiumKBO/BCE: BE 0807.920.324
Summary

Maintenance , Hygiène , Services has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13,355 and a net result of €2,261. Equity is growing by ~52.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Overview

What they do
General cleaning of buildings
NACE 81210
1 site
How big
€22,448total assets 2024
Equity
€13,355
Profit
€2,261
Financially healthy?
77 Excellent Checked score 2024
Bankruptcy chance 12 m
1.1%
Who decides
Accounts 35 d early0 of 4 deeds read
Why 77- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability81▼-19
Solvency84▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.09 in 2023; short-term debt: 40.5% and cash: 79.4% of total assets), and 40.5% of the assets are financed with debt.
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Signals

Five 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
59.5%
Return on assets
10.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
31 d early
2023
6 d early
2022
28 d early
2021
16 d late
2020
4 d early
2019
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Financials

Fiscal year 2024Total assets €22,448Profit €2,261Solvency 59.5%Liquidity 2.23
Total assets
€22,448▲ 21.3%
2018 - 2024
Net result
€2,261▼ 59.8%
2018 - 2024
Equity
€13,355▲ 20.4%
2018 - 2024
Solvency
59.5%▼ 0.5pp
2018 - 2024

Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet

Trend over the years7 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€12,200▲ 1,264%€3,877▼ 68.2%€2,748▼ 29.1%€10,450▲ 280%€5,859▼ 43.9%
Net result€8,924within the sector's middle half€1,984within the sector's middle half▼ 77.8%€85within the sector's middle half▼ 95.7%€5,625within the sector's middle half▲ 6,530%€2,261within the sector's middle half▼ 59.8%
Equity€3,399below the sector's middle half€5,383below the sector's middle half▲ 58.4%€5,468below the sector's middle half▲ 1.6%€11,093below the sector's middle half▲ 103%€13,355below the sector's middle half▲ 20.4%
Total assets€13,823below the sector's middle half▲ 206%€9,951below the sector's middle half▼ 28.0%€9,379below the sector's middle half▼ 5.8%€18,499below the sector's middle half▲ 97.2%€22,448below the sector's middle half▲ 21.3%
Debt€10,424▲ 3.8%€4,568▼ 56.2%€3,911▼ 14.4%€7,406▲ 89.4%€9,093▲ 22.8%
Working capital€2,978within the sector's middle half€4,391within the sector's middle half▲ 47.5%€4,161within the sector's middle half▼ 5.2%€8,071within the sector's middle half▲ 94.0%€11,155within the sector's middle half▲ 38.2%
Solvency24.6%within the sector's middle half54.1%within the sector's middle half▲ 29.5pp58.3%above the sector's middle half▲ 4.2pp60.0%above the sector's middle half▲ 1.7pp59.5%above the sector's middle half▼ 0.5pp
Current ratio1.29within the sector's middle half1.96within the sector's middle half▲ 0.682.06within the sector's middle half▲ 0.102.09within the sector's middle half▲ 0.032.23above the sector's middle half▲ 0.14
Return on assets (ROA)64.6%above the sector's middle half19.9%above the sector's middle half▼ 44.6pp0.9%within the sector's middle half▼ 19.0pp30.4%above the sector's middle half▲ 29.5pp10.1%within the sector's middle half▼ 20.3pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2020: €12,200€12,200Net result 2020: €8,924€8,924Operating result 2021: €3,877€3,877Net result 2021: €1,984€1,984Operating result 2022: €2,748€2,748Net result 2022: €85€85Operating result 2023: €10,450€10,450Net result 2023: €5,625€5,625Operating result 2024: €5,859€5,859Net result 2024: €2,261€2,26120202021202220232024€0€5,000€10,000Operating result 2022: €2,748€2,750Net result 2022: €85€85Operating result 2023: €10,450€10,500Net result 2023: €5,625€5,630Operating result 2024: €5,859€5,860Net result 2024: €2,261€2,260202220232024
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22,448
Fixed assets €2,199 ▼ 27.2%
Current assets €20,248 ▲ 30.8%
Equity and liabilities €22,448
Equity €13,355 ▲ 20.4%
Debt €9,093 ▲ 22.8%
Debt's share of the balance-sheet total rises from 40.0% to 40.5%. Equity and debt are higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,479▼
2023 · €11,607
Cash flow
€3,882▼
2023 · €6,782
Debt to equity
0.68▲
2023 · 0.67
ROE
16.9%▼
2023 · 50.7%
Interest coverage
9.02▼
2023 · 9.43
Debt ≤ 1 year
€9,093▲
2023 · €7,406
Income taxes
€2,768▼
2023 · €3,614
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€18,499€22,448▲
Fixed assets21/28€3,022€2,199▼
Tangible fixed assets22/27€3,022€2,199▼
Furniture and vehicles24€3,022€2,199▼
Current assets29/58€15,477€20,248▲
Amounts receivable within one year40/41€3,101€2,435▼
Trade receivables40€3,001€2,435▼
Other amounts receivable41€100-
Cash at bank and in hand54/58€12,376€17,814▲
Equity and liabilities
Total equity and liabilities10/49€18,499€22,448▲
Equity10/15€11,093€13,355▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€3,033€5,295▲
Amounts payable17/49€7,406€9,093▲
Amounts payable within one year42/48€7,406€9,093▲
Current portion of amounts payable after more than one year42-€524
Trade debts44€2,822€977▼
Suppliers440/4€2,822€977▼
Taxes, remuneration and social security45€4,565€4,983▲
Taxes450/3€4,565€4,983▲
Other amounts payable47/48€19€2,609▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,157€1,620▲
Other operating charges640/8€613€784▲
Gross operating margin9900€12,219€8,263▼
Operating profit (loss)9901€10,450€5,859▼
Financial income75/76B€19€0▼
Recurring financial income75€19€0▼
Financial charges65/66B€1,230€829▼
Recurring financial charges65€1,230€829▼
Profit (loss) for the period before taxes9903€9,239€5,030▼
Income taxes67/77€3,614€2,768▼
Profit (loss) for the period9904€5,625€2,261▼
Profit (loss) for the period to be appropriated9905€5,625€2,261▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,033€5,295▲
Profit (loss) brought forward from the previous period14P-€2,592€3,033▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152€281€689€1,157€1,620▲ 40.1%
Other operating charges640/8-€424€607€613€784▲ 28.0%
Gross operating margin9900€12,632€4,582€4,044€12,219€8,263▼ 32.4%
Operating profit (loss)9901€12,200€3,877€2,748€10,450€5,859▼ 43.9%
Financial income75/76B-€8€3€19€0▼ 99.8%
Recurring financial income75€230€8€3€19€0▼ 99.8%
Financial charges65/66B-€307€1,248€1,230€829▼ 32.6%
Recurring financial charges65€893€307€1,248€1,230€829▼ 32.6%
Profit (loss) for the period before taxes9903€11,536€3,579€1,502€9,239€5,030▼ 45.6%
Income taxes67/77€2,612€1,594€1,418€3,614€2,768▼ 23.4%
Profit (loss) for the period9904€8,924€1,984€85€5,625€2,261▼ 59.8%
Profit (loss) for the period to be appropriated9905€8,924€1,984€85€5,625€2,261▼ 59.8%
Line20202021202220232024Change
Assets
Total assets20/58€13,823€9,951€9,379€18,499€22,448▲ 21.3%
Fixed assets21/28€421€992€1,307€3,022€2,199▼ 27.2%
Tangible fixed assets22/27€421€992€1,307€3,022€2,199▼ 27.2%
Plant, machinery and equipment23-€126€63---
Furniture and vehicles24-€866€1,244€3,022€2,199▼ 27.2%
Current assets29/58€13,402€8,959€8,072€15,477€20,248▲ 30.8%
Amounts receivable within one year40/41€3,321€3,340€3,849€3,101€2,435▼ 21.5%
Trade receivables40-€3,340€3,849€3,001€2,435▼ 18.9%
Other amounts receivable41---€100--
Cash at bank and in hand54/58€10,081€5,619€4,223€12,376€17,814▲ 43.9%
Equity and liabilities
Total equity and liabilities10/49€13,823€9,951€9,379€18,499€22,448▲ 21.3%
Equity10/15€3,399€5,383€5,468€11,093€13,355▲ 20.4%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€4,661-€2,677-€2,592€3,033€5,295▲ 74.6%
Amounts payable17/49€10,424€4,568€3,911€7,406€9,093▲ 22.8%
Amounts payable within one year42/48€10,424€4,568€3,911€7,406€9,093▲ 22.8%
Current portion of amounts payable after more than one year42----€524-
Trade debts44€1,826€2,299€2,674€2,822€977▼ 65.4%
Suppliers440/4-€2,299€2,674€2,822€977▼ 65.4%
Taxes, remuneration and social security45-€2,269€1,236€4,565€4,983▲ 9.2%
Taxes450/3-€2,269€1,236€4,565€4,983▲ 9.2%
Other amounts payable47/48--€1€19€2,609▲ 13,502%
Line20202021202220232024Change
Profit (loss) for the period9904€8,924€1,984€85€5,625€2,261▼ 59.8%
+ Depreciation and write-downs630€152€281€689€1,157€1,620▲ 40.1%
Operating cash flow (approximation)€9,076€2,265€774€6,782€3,882▼ 42.8%
Investment in fixed assets (approximation)--€852-€1,004-€2,872-€798▲ 72.2%
Change in cash--€4,461-€1,397€8,153€5,438▼ 33.3%

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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Comparable companies5

Similar companies · same sector, comparable size

Of 7,362 companies in this sector we hold annual accounts for 2,745. 1,935 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

12 eventsLatest 26-06-2026Next filing 31-07-2027

History

Maintenance , Hygiène , Services was incorporated on 19 November 2008.1 Total assets rose from €4,660 in 2018 to €22,448 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €8,924
Net result €8,924 after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 1.29
Current ratio from 0.45 to 1.29.
22-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
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.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 19-11-2008Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded19-11-2008
Fiscal year end31-12
Abbreviation FR MHS
Activities, NACEBEL 2025
81210General cleaning of buildings
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Contact
E-mail mhsnivelles@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0807920324
Also 9925:BE0807920324
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
723 m²
Building footprint
58 m²
Volume, LiDAR
397 m³
Parcel 25782C0085/00C008, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MHS - Recycling
Boulevard de la Résistance 39, 1400 NivellesCrop and animal production, hunting and related service activities
since 2008unit no. 2.174.850.757
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0085/00C008 Wallonia 722 m² 1 · 58 m² 7.9 m · 2 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.

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