MH FINANCE
The computed 12-month bankruptcy probability of MH FINANCE is 3.5% (moderate). The 2024 annual accounts show equity of €7k and a net result of €2k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7k |
| Net result | €2k |
| Active | 2 yrs |
| Locations | 1 |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €3k |
| Net profit | €2k |
| Cash flow | €2k |
| Staff costs | - |
| Income taxes | €422 |
| Dividends | - |
| Total assets | €30k |
| Equity | €7k |
| Debt | €24k |
| of which ≤ 1y | €19k |
| of which > 1y | €5k |
| Working capital | €5k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.28 |
| Quick ratio | 1.28 |
| Working capital ratio | 17.6% |
| Solvency | 22.3% |
| Debt / equity | 3.49 |
| Long-term debt ratio | 0.70 |
| Interest coverage | 12.70 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.8% |
| ROE | 25.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €30k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €4k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €24k |
| Cash & bank | 54/58 | €157 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €30k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €24k |
| Amounts payable after one year | 17 | €5k |
| Amounts payable within one year | 42/48 | €19k |
| Income statement | ||
| Gross operating margin | 9900 | €3k |
| Operating result | 9901 | €2k |
| Financial charges | 65 | €247 |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €422 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2024 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0323/00E005 | Flanders | 161 m² | 1 · 207 m² | 9.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-02-2026 Registered office moved from Brugge to Gent
- Gistelse Steenweg 145, 8200 Brugge → Frans van Ryhovelaan 121, 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "combined",
"new_address": {
"raw": "Frans van Ryhovelaan 121, 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Frans van Ryhovelaan",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "121",
"locality_suffix": null
},
"old_address": {
"raw": "Gistelse Steenweg 145, 8200 Brugge",
"city": "Brugge",
"region": "vlaams_gewest",
"street": "Gistelse Steenweg",
"country": "BE",
"postcode": "8200",
"box_number": null,
"street_number": "145",
"locality_suffix": null
},
"effective_date": "2026-02-19",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-02-27",
"filing_date": "2026-02-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2026-02-05",
"unanimous": null
},
"subject_company": {
"kbo": "1007.164.955",
"name_full": "MH FINANCE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}19-03-2024 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Gistelse Steenweg 145, 8200 Brugge",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1995-10-01",
"name": "BAGSEVEN Murat",
"niss": null,
"address": "9030 Gent, Mispelbilk 4"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "BAGSEVEN Murat",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1996-04-23",
"name": "G\u00D6K Harun",
"niss": null,
"address": "9000 Gent, Kongostraat 12"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "G\u00D6K Harun",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "1007.164.955",
"name_full": "MH FINANCE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2024-03-14",
"post_incorporation_mandates": []
}| Legal nameNL | MH FINANCE |