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MCH Operations

Active
Private limited companyfounded 20233 yrs activePastoor Paquaylaan 115, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0799.776.084
Summary

MCH Operations has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€4,252) and a net result of -€1,270. Its solvency ranks better than 5% of 2159 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+64
Solvency12▲+1
Growth58
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.48 in 2023; short-term debt: 113.3% and cash: 25.3% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 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
-13.3%
Return on assets
-4%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€4,252
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 confirmed
2024
27 d late
2023
28 d 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 28 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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

MCH Operations was incorporated on 21 March 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, abbreviated schema

Equity
-€4,252▼ 42.6%
2023 · -€2,982
Total assets
€31,954▲ 54.1%
2023 · €20,742
Net result
-€1,270▲ 61.3%
2023 · -€3,282
Working capital
-€11,383▲ 7.6%
2023 · -€12,318
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 86, Human health 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
Line20232024
Operating result-€3,180--€1,197▲ 62.4%
Net result-€3,282below the sector's middle half--€1,270below the sector's middle half▲ 61.3%
Equity-€2,982below the sector's middle half--€4,252below the sector's middle half▼ 42.6%
Total assets€20,742below the sector's middle half-€31,954below the sector's middle half▲ 54.1%
Debt€23,724-€36,206▲ 52.6%
Working capital-€12,318below the sector's middle half--€11,383below the sector's middle half▲ 7.6%
Solvency-14.4%below the sector's middle half--13.3%below the sector's middle half▲ 1.1pp
Current ratio0.48below the sector's middle half-0.69below the sector's middle half▲ 0.20
Return on assets (ROA)-15.8%below the sector's middle half--4.0%below the sector's middle half▲ 11.9pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,180-€3,180Net result 2023: -€3,282-€3,282Operating result 2024: -€1,197-€1,197Net result 2024: -€1,270-€1,27020232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€3,180-€3,180Net result 2023: -€3,282-€3,280Operating result 2024: -€1,197-€1,200Net result 2024: -€1,270-€1,27020232024
The operating result stays negative: a loss of €1,197 in 2024 against €3,180 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31,954
Fixed assets €7,131 ▼ 23.6%
Current assets €24,823 ▲ 118%
Equity and liabilities
Equity-€4,252
Debt€36,206
Equity is negative: debt (€36,206) exceeds the balance-sheet total (€31,954).
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,008▲
2023 · -€1,500
Cash flow
€935▲
2023 · -€1,603
Interest coverage
13.64▲
2023 · -14.64
Debt ≤ 1 year
€36,206▲
2023 · €23,724
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 1,555 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€20,742€31,954▲
Fixed assets21/28€9,336€7,131▼
Tangible fixed assets22/27€9,336€7,131▼
Plant, machinery and equipment23€2,476€1,880▼
Other tangible fixed assets26€6,859€5,251▼
Current assets29/58€11,406€24,823▲
Amounts receivable within one year40/41€7,193€16,739▲
Trade receivables40€6,612€14,947▲
Other amounts receivable41€582€1,792▲
Cash at bank and in hand54/58€4,213€8,084▲
Equity and liabilities
Total equity and liabilities10/49€20,742€31,954▲
Equity10/15-€2,982-€4,252▼
Contributions10/11€300€300=
Profit (loss) carried forward14-€3,282-€4,552▼
Amounts payable17/49€23,724€36,206▲
Amounts payable within one year42/48€23,724€36,206▲
Trade debts44€1,005€804▼
Suppliers440/4€1,005€804▼
Advances received on contracts in progress46€8,000€17,600▲
Taxes, remuneration and social security45€5€5▲
Taxes450/3€5€5▲
Other amounts payable47/48€14,714€17,797▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,679€2,205▲
Other operating charges640/8€384€549▲
Gross operating margin9900-€1,116€1,557▲
Operating profit (loss)9901-€3,180-€1,197▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€102€74▼
Recurring financial charges65€102€74▼
Profit (loss) for the period before taxes9903-€3,282-€1,270▲
Profit (loss) for the period9904-€3,282-€1,270▲
Profit (loss) for the period to be appropriated9905-€3,282-€1,270▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,282-€4,552▼
Profit (loss) brought forward from the previous period14P--€3,282

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,679€2,205▲ 31.3%
Other operating charges640/8€384€549▲ 42.8%
Gross operating margin9900-€1,116€1,557▲ 240%
Operating profit (loss)9901-€3,180-€1,197▲ 62.4%
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€102€74▼ 27.9%
Recurring financial charges65€102€74▼ 27.9%
Profit (loss) for the period before taxes9903-€3,282-€1,270▲ 61.3%
Profit (loss) for the period9904-€3,282-€1,270▲ 61.3%
Profit (loss) for the period to be appropriated9905-€3,282-€1,270▲ 61.3%
Line20232024Change
Assets
Total assets20/58€20,742€31,954▲ 54.1%
Fixed assets21/28€9,336€7,131▼ 23.6%
Tangible fixed assets22/27€9,336€7,131▼ 23.6%
Plant, machinery and equipment23€2,476€1,880▼ 24.1%
Other tangible fixed assets26€6,859€5,251▼ 23.4%
Current assets29/58€11,406€24,823▲ 118%
Amounts receivable within one year40/41€7,193€16,739▲ 133%
Trade receivables40€6,612€14,947▲ 126%
Other amounts receivable41€582€1,792▲ 208%
Cash at bank and in hand54/58€4,213€8,084▲ 91.9%
Equity and liabilities
Total equity and liabilities10/49€20,742€31,954▲ 54.1%
Equity10/15-€2,982-€4,252▼ 42.6%
Contributions10/11€300€300=
Profit (loss) carried forward14-€3,282-€4,552▼ 38.7%
Amounts payable17/49€23,724€36,206▲ 52.6%
Amounts payable within one year42/48€23,724€36,206▲ 52.6%
Trade debts44€1,005€804▼ 20.0%
Suppliers440/4€1,005€804▼ 20.0%
Advances received on contracts in progress46€8,000€17,600▲ 120%
Taxes, remuneration and social security45€5€5▲ 9.5%
Taxes450/3€5€5▲ 9.5%
Other amounts payable47/48€14,714€17,797▲ 21.0%
Line20232024Change
Profit (loss) for the period9904-€3,282-€1,270▲ 61.3%
+ Depreciation and write-downs630€1,679€2,205▲ 31.3%
Operating cash flow (approximation)-€1,603€935▲ 158%
Investment in fixed assets (approximation)-€0-
Change in cash-€3,871-

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

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
812 m²
Building footprint
253 m²
Volume, LiDAR
1,157 m³
Parcel 71025A0073/00C102, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
MCH Operations
Pastoor Paquaylaan 115, 3550 Heusden-ZolderHuman health activities
since 20232.345.293.912
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71025A0073/00C102 Flanders 812 m² 1 · 253 m² 10.6 m · 1 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,428 companies in this sector we hold annual accounts for 885. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799776084
Also 9925:BE0799776084
Registered 13-01-2025

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

Register as of 30 September 2026 · Peppol Directory

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