MH CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of MH CONSTRUCTION is 2.9% (moderate). The 2024 annual accounts show equity of €47,719 and a net result of €39,719. Its solvency ranks better than 42% of 9976 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency59
Growth-
Track record67
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.41; short-term debt: 65.7% and cash: 49.5% of total assets), and 65.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
34.3%
Return on assets
28.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€47,719
Total assets
€139,118
Net result
€39,719
Working capital
€37,125
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €138,049
Fixed assets
€9,524
Current assets
€128,524
Equity and liabilities €139,118
Equity
€47,719
Debt
€91,400
Debt finances 65.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€53,627
Cash flow
€40,441
Current ratio
1.41
Debt to equity
1.92
ROE
83.2%
ROA
28.6%
Interest coverage
2977.61
Debt ≤ 1 year
€91,400
Income taxes
€13,240
Staff costs
€9,765
Annual accounts
| Line | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €9,765 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €723 |
| Gross operating margin9900 | €63,392 |
| Operating profit (loss)9901 | €52,904 |
| Financial income75/76B | €73 |
| Recurring financial income75 | €73 |
| Financial charges65/66B | €18 |
| Recurring financial charges65 | €18 |
| Profit (loss) for the period before taxes9903 | €52,959 |
| Income taxes67/77 | €13,240 |
| Profit (loss) for the period9904 | €39,719 |
| Profit (loss) for the period to be appropriated9905 | €39,719 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €139,118 | |
| Formation expenses20 | €1,070 | |
| Fixed assets21/28 | €9,524 | |
| Tangible fixed assets22/27 | €9,524 | |
| Plant, machinery and equipment23 | €1,998 | |
| Furniture and vehicles24 | €7,527 | |
| Current assets29/58 | €128,524 | |
| Amounts receivable within one year40/41 | €59,603 | |
| Trade receivables40 | €54,778 | |
| Other amounts receivable41 | €4,825 | |
| Cash at bank and in hand54/58 | €68,921 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €139,118 | |
| Equity10/15 | €47,719 | |
| Contributions10/11 | €8,000 | |
| Profit (loss) carried forward14 | €39,719 | |
| Amounts payable17/49 | €91,400 | |
| Amounts payable within one year42/48 | €91,400 | |
| Trade debts44 | €76,532 | |
| Suppliers440/4 | €76,532 | |
| Taxes, remuneration and social security45 | €14,867 | |
| Taxes450/3 | €13,240 | |
| Remuneration and social security454/9 | €1,627 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €39,719 |
| + Depreciation and write-downs630 | €723 |
| Operating cash flow (approximation) | €40,441 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
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
1 act for this company is 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, Soumagne · 1 establishment unit since 2024
Ground area
1,663 m²
Building footprint
162 m²
Volume, LiDAR
936 m³
Parcel 62033C0120/00B002, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Voie de Saive(EVE) 4bis, 4630 Soumagne
since 20242.364.129.332
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62033C0120/00B002 | Wallonia | 1,663 m² | 1 · 162 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.
Similar companies · same sector, comparable size
BURHAN CONSTRUCTION
BE 0849.597.957
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JST CONSTRUCT
BE 0699.719.594
Genappe · Eq €47,728
E. GLOBAL Rénov
BE 0767.617.220
Kraainem · Eq €47,734
STB Bouw Concept
BE 0675.394.469
Ingelmunster · Eq €47,747
ALGEMENE BOUWWERKEN SMET THOMAS
BE 0661.924.832
Sint-Niklaas · Eq €47,748
Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 13,041 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:1013440261
Also
9925:BE1013440261
Registered
27-10-2024
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.