MdH HOLDING
ActiveMdH HOLDING has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.88M and a net result of €475k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 95% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.45M at 30 days acceptable
Liquidity ample (current ratio 11.75 against 36.58 in 2024; short-term debt: 1.2% and cash: 2.9% of total assets), and 1.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.8%
Return on assets
2.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
54 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
87 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€475k▲ 37.8%
2024 · €345k
2018: €20k
2019: €437k
2020: €498k
2021: €383k
2022: €175k
2023: €210k
2024: €345k
2018 → 2025
Working capital
€2.27M▲ 23.1%
2024 · €1.84M
2018: €431k
2019: €1.12M
2020: €783k
2021: €1.17M
2022: €1.29M
2023: €1.51M
2024: €1.84M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16.68M-€16.85M▲ 1.1%€17.06M▲ 1.2%€17.41M▲ 2.0%€17.88M▲ 2.7%
Operating result€91k-€135k▲ 48.1%€169k▲ 24.9%€144k▼ 14.6%€106k▼ 26.4%
Net result€383k-€175k▼ 54.3%€210k▲ 20.1%€345k▲ 63.9%€475k▲ 37.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.09M
Fixed assets
€15.61M▲ 0.3%
Current assets
€2.48M▲ 30.9%
Equity and liabilities €18.09M
Equity
€17.88M▲ 2.7%
Debt
€211k▲ 307%
The debt ratio rises from 0.3% to 1.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119k▼
2024 · €146k
Cash flow
€488k▲
2024 · €347k
Solvency
98.8%▼
2024 · 99.7%
Current ratio
11.75▼
2024 · 36.58
Quick ratio
11.75▼
2024 · 36.58
Debt / equity
0.01▲
2024 · 0.00
ROE
2.7%▲
2024 · 2.0%
ROA
2.6%▲
2024 · 2.0%
Interest coverage
94.37▼
2024 · 132.10
Debt
€211k▲
2024 · €52k
Debt ≤ 1 year
€211k▲
2024 · €52k
Income taxes
€92k▲
2024 · €87k
Staff costs
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17.46M€18.09M▲
Fixed assets21/28€15.56M€15.61M▲
Tangible fixed assets22/27€11k€61k▲
Furniture and vehicles24€11k€61k▲
Financial fixed assets28€15.55M€15.55M=
Current assets29/58€1.89M€2.48M▲
Amounts receivable within one year40/41€950k€1.66M▲
Trade receivables40€72k€0▼
Other amounts receivable41€878k€1.66M▲
Current investments50/53€478k€278k▼
Cash at bank and in hand54/58€463k€532k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€17.46M€18.09M▲
Equity10/15€17.41M€17.88M▲
Contributions10/11€15.13M€15.13M=
Reserves13€1.11M€1.59M▲
Distributable reserves133€1.11M€1.59M▲
Profit (loss) carried forward14€1.17M€1.17M=
Amounts payable17/49€52k€211k▲
Amounts payable within one year42/48€52k€211k▲
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€47k€50k▲
Taxes450/3€47k€48k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48-€150k
Income statement
Code20242025
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€12k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€147k€124k▼
Operating profit (loss)9901€144k€106k▼
Financial income75/76B€288k€462k▲
Recurring financial income75€288k€462k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€432k€567k▲
Income taxes67/77€87k€92k▲
Profit (loss) for the period9904€345k€475k▲
Profit (loss) for the period to be appropriated9905€345k€475k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.51M€1.64M▲
Profit (loss) brought forward from the previous period14P€1.17M€1.17M=
Transfer to equity691/2€345k€475k▲
To other reserves6921€345k€475k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 31.32
Current ratio from 14.13 to 31.32; short-term debt falls from €99k to €50k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €498k ▲13.9%
Net result €498k, the highest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 84.15
Current ratio from 25.04 to 84.15; short-term debt falls from €18k to €13k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Ukkel · 1 establishment unit since 2000
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.
Denneboslaan 51B1180 UkkelGround area
6,048 m²
Building footprint
377 m²
Volume, LiDAR
2,337 m³
2 parcels, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Denneboslaan 51, 1180 Ukkel
since 20002.044.536.702
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/00B068 | Brussels | 4,640 m² | 1 · 76 m² | 10.6 m · 2 fl. |
| 21614H0055/00M071 | Brussels | 1,408 m² | 1 · 301 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STRIGIFORMES
BE 0864.989.778
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JOOS
BE 0473.396.523
Kasterlee · Eq €17.84M
EAMUS
BE 0477.471.216
Veurne · Eq €17.83M
DODECAGONE
BE 0632.607.571
Estinnes · Eq €17.82M
S.S.H.
BE 0816.618.452
Brussel · Eq €17.95M
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 4,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-07-1989
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.